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FashionValet: MACC finishes recording statement of founders after almost five hours

FashionValet: MACC finishes recording statement of founders after almost five hours

The investigation looks into investment losses amounting to RM43.9 million suffered by Khazanah and PNB in FashionValet.
Fri Nov 08 2024
FashionValet scandal: MACC spot suspicious transactions

FashionValet scandal: MACC spot suspicious transactions

The Malaysian Anti-Corruption Commission (MACC) has found several suspicious transactions in an investigation into investment losses of RM43.9 million in FashionValet Sdn Bhd (FashionValet).
Thu Nov 07 2024
Bursa pares some losses, trades remain below 1,600

Bursa pares some losses, trades remain below 1,600

Overall sentiment, however, remained fragile amid weak cues from Wall Street.
Fri Nov 01 2024
National Scam Response Centre logs over 122,000 fraud calls since 2022 - MoF

National Scam Response Centre logs over 122,000 fraud calls since 2022 - MoF

The MoF reports that these complaints reveal total losses for victims amounting to RM371 million.
Tue Oct 29 2024
Najib regrets over SRC International losses, High Court heard

Najib regrets over SRC International losses, High Court heard

Datuk Seri Najib Tun Razak admitted at the High Court that he has certain regrets over the losses facing SRC International Sdn Bhd.
Fri Oct 18 2024
Bursa rebounds higher as heavyweights recover from previous losses

Bursa rebounds higher as heavyweights recover from previous losses

FBM KLCI climbed 4.54 points to close at 1,682.73, up from 1,678.19 on Monday.
Tue Sep 03 2024
454 cases of deepfake scams under investigation - CCID Director

454 cases of deepfake scams under investigation - CCID Director

Police are currently investigating 454 fraud cases believed to involve deepfake technology, including voice impersonation, which have resulted in losses amounting to RM2.72 million since the beginning
Wed Aug 28 2024
DPM Zahid urges construction companies to prioritise hiring local skilled workers

DPM Zahid urges construction companies to prioritise hiring local skilled workers

Datuk Seri Dr Ahmad Zahid Hamidi said the govt will incur long-term losses if the construction sector continues to rely on foreign workers.
Tue Aug 06 2024
Bursa Malaysia recoups earlier losses to end flattish

Bursa Malaysia recoups earlier losses to end flattish

Mohd Sedek Jantan said the overall sentiment towards the Malaysian market remained robust.
Thu Jul 18 2024
Drop in foreign vehicles refueling with diesel near border

Drop in foreign vehicles refueling with diesel near border

Despite potential profit losses for petrol stations, operators and workers are relieved as it curbs diesel smuggling and misappropriation.
Fri Jun 21 2024
Kajang goldsmith shop  robbery: RM3.2 mln losses, seven questioned - Police

Kajang goldsmith shop robbery: RM3.2 mln losses, seven questioned - Police

Police said seven individuals, including employees of the shop, have been questioned so far to assist in the investigation.
Tue Jun 18 2024
Halim Saad appeals High Court decision dismissing lawsuit against Dr Mahathir and others

Halim Saad appeals High Court decision dismissing lawsuit against Dr Mahathir and others

Tan Sri Halim Saad appeals High Courts dismissal of his lawsuit against the government over 2001 Renong and UEM shares acquisition losses.
Tue Jun 18 2024
Senior citizens lost over half a billion ringgit to online fraud from 2021 to 2023 - Police

Senior citizens lost over half a billion ringgit to online fraud from 2021 to 2023 - Police

Police said this involved 6.4 pct of the 86,266 online scam victims recorded during the period, with overall losses amounting to RM2.7 bln.
Mon May 27 2024
MACC, TNB, cooperation against bitcoin activities saves RM2 billion - Azam

MACC, TNB, cooperation against bitcoin activities saves RM2 billion - Azam

Tan Sri Azam Baki said through this cooperation, the authority cracked down on bitcoin mining operations while saving TNB huge losses.
Mon May 27 2024
Malaysia suffers RM277 billion losses over five years due to corruption - MACC

Malaysia suffers RM277 billion losses over five years due to corruption - MACC

Tan Sri Azam Baki said the losses were calculated based on cumulative estimate of the GDP over five-year period from 2018 until last year.
Tue May 07 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024