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Najib says US$120 million in his account was not personal income

Najib says US$120 million in his account was not personal income

Datuk Seri Najib Tun Razak also made it clear that the money was not from SRC International Sdn Bhd or Retirement Fund Inc (KWAP).
Wed Oct 09 2024
Seven & i stock surges after report of Couche-Tard raising buyout bid by 20 pct

Seven & i stock surges after report of Couche-Tard raising buyout bid by 20 pct

In Japan, more than money is at stake in Alimentation Couche-Tard's bid to take over 7-Eleven, the largest convenience chain.
Wed Oct 09 2024
AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

Datuk Seri Amir Hamzah Azizan reveals that 28% of Malaysian working adults have borrowed money to buy essential goods, according to AKPK.
Tue Oct 01 2024
Vietnam tycoon Truong My Lan, already sentenced to death, faces trial on new charges

Vietnam tycoon Truong My Lan, already sentenced to death, faces trial on new charges

Truong My Lan is facing charges of obtaining property by fraud, money laundering and illegal cross-border money transfers.
Thu Sep 19 2024
Wan Saiful trial: Prosecution witness says RM38,160 deposited into Sinar Karangkraf account

Wan Saiful trial: Prosecution witness says RM38,160 deposited into Sinar Karangkraf account

According to Sinar Karangkraf's bank statement, the money was deposited into the company's account via an online transaction, witness told.
Wed Sep 18 2024
Malaysia freezes bank accounts linked to GISB after child abuse allegations

Malaysia freezes bank accounts linked to GISB after child abuse allegations

The bank accounts, holding over RM580,000, are under investigation for alleged money laundering and religious offences.
Wed Sep 18 2024
Philippines' ex-mayor Alice Guo arrives in Manila after deportation from Indonesia

Philippines' ex-mayor Alice Guo arrives in Manila after deportation from Indonesia

Alice Guo is accused of ties to Chinese criminal syndicates and laundering more than 100 million pesos ($1.79 million).
Fri Sep 06 2024
Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs

Nasi lemak - A multi-ethnic palate pleaser and money earner for micro-entrepreneurs

Dr Mohd Afzanizam Abdul Rashid describes nasi lemak as having wide-ranging economic spinoffs.
Sat Aug 31 2024
ABBA tell Trump to stop using their music at campaign rallies

ABBA tell Trump to stop using their music at campaign rallies

ABBA hits including "The Winner Takes It All", "Money, Money, Money" and "Dancing Queen" were played at a rally held by Trump and JD Vance.
Fri Aug 30 2024
Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

Malaysia’s official reserve assets at US$114.66 bln as at end-July 2024 - BNM

The net short forward positions stood at US$29.29 bln as at end-July 2024, reflecting the management of ringgit liquidity in money market.
Fri Aug 30 2024
Scammers prey on young Chinese desperate for jobs in bleak economy

Scammers prey on young Chinese desperate for jobs in bleak economy

A teen seeking a job at Wuhan cosmetic surgery clinic was told surgery would help him earn money by gaining followers through livestreaming.
Sun Aug 18 2024
Consider This: MyOBI 2024 - How State Budgets Measure Up

Consider This: MyOBI 2024 - How State Budgets Measure Up

Are you aware of how your state's budget is being managed? As a citizen, you have the right to be informed about how your money is spent, and to demand stronger oversight by independent institutions. The Malaysian Open Budget Index, MyOBI, which is an initiative driven by the think tank IDEAS Malaysia, aims to shine a light on how transparent and accountable our state governments are with their budget processes. On this episode of #ConsiderThis Melisa Idris speaks to Alissa Rode, Senior Manager of Research at IDEAS Malaysia and lead researcher for Malaysia in the Open Budget Survey, and Michelle Ng, Member of the Selangor State Legislative Assembly for Subang Jaya and member of the Selangor State Public Accounts Committee.
Fri Aug 02 2024
No decision yet on Najib's representation to drop RM27 mln SRC money laundering charges

No decision yet on Najib's representation to drop RM27 mln SRC money laundering charges

Deputy public prosecutor Mohd Ashrof Adrin Kamarul told Judge K. Muniandy that the representation is pending.
Wed Jul 31 2024
The $91-million question: What happens to Biden's campaign money?

The $91-million question: What happens to Biden's campaign money?

Joe Biden's re-election campaign has a massive bank account that could benefit an alternative candidate if he dropped his White House bid.
Sat Jul 20 2024
Donation misappropriation probe: MACC freezes 20 bank accounts

Donation misappropriation probe: MACC freezes 20 bank accounts

The accounts belong to individuals and companies believed to have received funds from the public through an online fundraising platform.
Mon Jul 15 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024