Wed, 26 Jun 2019, 10:25 PM
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SAN FRANCISCO, May 11 — Facebook is suing South Korean data analytics firm Rankwave to make sure it isn’t breaking the leading social network’s rules, the US company said yesterday.
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PETALING JAYA: Malaysia does not need a national airline owned by the government, says an academic, as attempts by Putrajaya attempts to restore Malaysia Airlines to profitability appear to have hit a...
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SAN FRANCISCO, May 9 — Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles with lawmakers and rivals and endear himself t...
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MP SPEAKS | DAP congratulates the people of Malaysia for making May 9, 2018 a historic change of government for the first time in 61 years, making possible a New Malaysia.
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Malaysia’s equity market experienced an outflow of foreign capital to the tune of RM1.3 billion in the first quarter of the year.
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KUALA LUMPUR (May 9): Foreign holdings of Malaysian government bonds fell last month to their lowest level since January 2011 at RM162.3 billion or 21.9% of the total outstanding, according to UOB Glo...
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KUALA LUMPUR, May 9 — Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah today joined former prime minister Datuk Seri Najib Razak in court ahead of the 16th day of the latter's o...
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PUTRAJAYA: The funds received through the repatriated 1Malaysia Development Bhd (1MDB) assets will be used to service its debt of RM51 billion, says Finance Minister Lim Guan Eng.
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PETALING JAYA: The finance ministry today said the RM1.3 billion in funds received through the repatriation of 1MDB assets will be used to service the RM51 billion in debts incurred by the scandal-pla...
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KUALA LUMPUR, May 8 — The US$322 million (RM1.3 billion) received through the repatriation of 1MDB assets will be used to service the sovereign wealth fund’s total debts of RM51 billion.
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KUALA LUMPUR (May 8): Malaysia has thus far recovered US$322 million — equivalent to about RM1.3 billion — worth of assets belonging to 1Malaysia Development Bhd (1MDB), where billions have been l...
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KUALA LUMPUR: Malaysia has thus far recovered US$322 million — equivalent to about RM1.3 billion — worth of assets belonging to 1Malaysia Development Bhd (1MDB), where billions have been looted, s...
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PETALING JAYA: Najib Razak has criticised the Pakatan Harapan-led government over the way it is seeking the return of 1MDB monies which went missing, saying it would not see the return of the full amo...
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PETALING JAYA: Malaysia is getting back more of the money lost in the 1Malaysia Development Bhd (1MDB) scandal.
theSun:
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KUALA LUMPUR: Malaysia has recovered US$322 million (about RM1.3 billion) worth of 1Malaysia Development Berhad (1MDB) assets since investigations into the state-owned sovereign wealth fund effectivel...
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KUALA LUMPUR - The US government has returned the first tranche of money recouped from 1MDB to Malaysia.
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PETALING JAYA: The government has received some US$57 million (RM236 million) from Red Granite Pictures – the film production company linked to the stepson of former prime minister Najib Razak, Riza...
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GEORGE TOWN, May 7 — The Penang government is aiming to sign an agreement with the project delivery partner (PDP) of the RM6.3 billion undersea tunnel and three paired roads project in a month’s t...
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SAN FRANCISCO, May 7 ― Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.
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Malaysia has recovered RM1.335 billion to date from the funds allegedly misappropriated from 1MDB to acquire assets in the US.
Malay Mail:
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KUALA LUMPUR, May 7 — US authorities have transferred US$57 million (RM236 million) to Malaysia from funds it received from Red Granite Pictures that is linked to Riza Aziz, Attorney General Tommy T...
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Alphabet Inc's Google is set to roll out a dashboard-like function in its Chrome browser to offer users more control in fending off tracking cookies, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Free Malaysia Today:
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KUCHING: A DAP assemblyman has described as “interesting” former prime minister Najib Razak’s response to her question to the Sarawak government on why it is spending an “outrageous” sum of ...
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KUALA LUMPUR (May 6): Bumi Armada Bhd said its joint venture (JV) company Shapoorji Pallonji Bumi Armada Godavari Pte Ltd (SPBAG) has been awarded a nine-year charter contract worth US$2.1 billion (RM...
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PUTRAJAYA: Dr Mahathir Mohamad says Putrajaya has yet to receive any viable turnaround plan for struggling carrier Malaysia Airlines Bhd.
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With 600 meters of tracks which are designed with twists, turns and tunnels, the Skyline Luge is a unique wheeled-gravity ride that provides riders full control over their descent on purpose-built tra...
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KUALA LUMPUR, May 5 — To Finance Minister Lim Guan Eng, it is better to speak the truth and uphold the integrity of the administration rather than keeping to oneself the state of the country’s fin...
theSun:
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KUALA LUMPUR: The development allocation in 2019 for projects in Sarawak by the federal government is RM4.3 billion, the second largest for states in Malaysia after Sabah.
Malaysiakini:
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The development allocation in 2019 for projects in Sarawak by the federal government is RM4.3 billion, the second largest for states in Malaysia after Sabah.
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KUALA LUMPUR, May 4 — Finance Minister Lim Guan Eng today refuted claims that the Pakatan Harapan (PH) government had neglected the infrastructure development of Sarawak.
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PUTRAJAYA (May 4): Idle Government land not earmarked for development will be identified for agriculture projects, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pictured).
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A parcel of land intended for the Rapid Transit System (RTS) between Johor Bahru and Singapore was transferred to the Johor sultan just two days after he consented to its realignment.
Malay Mail:
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PETALING JAYA, May 3 — Gamuda Land Sdn Bhd is on track to achieve its sales target of RM4 billion for the 2019 financial year (FY19). Chief executive officer Ngan Chee Meng said the projects will co...
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SUNGEI BULOH (May 3): Gamuda Land has signed eight Memorandums of Understanding (MoU) for its Gamuda Gardens township in Sungai Buloh, Selangor today, including one with New Zealand’s Skyline Enterp...
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SUNGEI BULOH (May 3): Gamuda Land has signed eight Memorandums of Understanding (MoU) for its Gamuda Gardens township in Sungai Buloh, Selangor today including one with New Zealand’s Skyline Enterpr...
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PUTRAJAYA (May 3): Idle Government land not earmarked for development will be identified for agriculture projects, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
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NEW YORK, May 3 — SoftBank Group Corp is considering an initial public offering of its US$100 billion (RM414.3 billion) Vision Fund, which usually picks up big stakes in fast-growing technology comp...
theSun:
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PUTRAJAYA: The idle government land not earmarked for development will be identified for agriculture projects, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.
The Straits Times:
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KUALA LUMPUR - Malaysia's Home Minister Muhyiddin Yassin on Friday (May 3) hit back at a Muslim organisation planning a mass rally on Saturday, saying these so-called defenders of Islam were nowhere t...
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GEORGE TOWN, May 3 — The Penang state government has yet to sign an agreement with the project delivery partner of the RM6.3 billion undersea tunnel and three paired road projects, Chief Minister Ch...
theSun:
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SANDAKAN: The greatest achievement of the Pakatan Harapan-led (PH) government in its first year in office was putting an end to the infamy of Malaysia as a global kleptocracy and ensuring work-in-prog...
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SHANGHAI: Chinese state-linked conglomerate Citic Guoan Group Co. missed a bond payment for the first time as a flurry of asset seizures stymied its liquidity.
Free Malaysia Today:
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GEORGE TOWN: Chief Minister Chow Kon Yeow (DAP-Padang Kota) today defended his move to reveal that the builders of the Penang undersea tunnel and roads project were cleared of corruption, following wh...
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KUALA LUMPUR (May 3): Two children of the late Datuk Seri Jamaluddin Jarjis have today been allowed by the High Court here to amend their statement of defence, with regard to a claim sought by their g...
Malay Mail:
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SANDAKAN, May 3 ― The greatest achievement of the Pakatan Harapan-led (PH) government in its first year in office was putting an end to the infamy of Malaysia as a global kleptocracy and ensuring wo...
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NEW YORK, May 2 — Tesla Inc announced plans to raise up to US$2.3 billion (RM9.5 billion) in new capital today, easing Wall Street concerns over the electric carmaker’s ability to see through its ...
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FRANKFURT, May 2 — German car behemoth Volkswagen today reported a slip in profits in the first quarter, but defied a soft patch in the global car market with rising revenues.
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IPOH, May 2 — DAP adviser Lim Kit Siang believes Pakatan Harapan (PH) has a long way to go in the fight against corruption despite restoring the pride of Malaysians, following the 1Malaysia Developm...
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KUALA LUMPUR, May 2 — Malaysia Airports Holdings Bhd (MAHB) registered a strong performance for its financial year 2018 (FY18) ended December 31, 2018, achieving record revenue and earnings before i...
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PARIS, May 2 — French bank BNP Paribas today reported a surge in profits in the first three months of 2019, boosted by the sale of a chunk of its life insurance company in India.
Malay Mail:
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FRANKFURT, May 2 — German car behemoth Volkswagen today reported a slip in profits in the first quarter, in part blaming a €1 billion (RM4.63 billion) charge over "legal risks" related to its "die...
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IN his modest office in downtown Kuala Lumpur, Datuk Haris Fadzilah Hassan, the recently appointed CEO of FGV Holdings Bhd (formerly known as Felda Global Ventures Holdings Bhd), removes his lanyard, ...
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KUALA LUMPUR: The High Court here has fixed new dates in August for former prime minister Najib Razak’s 1MDB trial, which was initially scheduled to run from May to June.
Malaysiakini:
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SANDAKAN POLLS | Parti Bersatu Sabah president Maximus Johnity Ongkili said today that the Pakatan Harapan government has "literally done nothing" to address the state's energy needs.
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KOTA KINABALU: Former federal minister Maximus Ongkili has slammed Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin for “hoodwinking” the public on energy developme...
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KUALA LUMPUR (April 30): Petronas Gas Bhd (PetGas) has further cut its capital expenditure (capex) allocation to RM1.2 billion for this year, compared with RM1.3 billion last year and RM1.4 billion in...
Malay Mail:
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COPENHAGEN, April 30 — Shares in Denmark’s Danske Bank, caught up in a gigantic money laundering scandal, dived today after it reported a sharp fall in first-quarter net profits  and revised annu...
Free Malaysia Today:
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KUALA LUMPUR: Attorney-General Tommy Thomas has filed a motion in the High Court to vacate Najib Razak’s 1MDB trial dates and allow the former prime minister’s ongoing SRC International case to co...
Malay Mail:
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SHANGHAI, April 30 — Profit at China’s biggest banks accelerated in the first quarter in line with a better-than-expected performance in the domestic economy, but rising bad loans may pressure aut...
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BANGI: Finance Minister Lim Guan Eng says the volume and value of property transactions increased by a marginal amount in 2018.
The Star:
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KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd recorded a net profit of RM1.24 billion for the financial year ended 2018 (FY18), an 8% increase from FY17.
Malay Mail:
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KUALA LUMPUR, April 29 — United Overseas Bank (Malaysia) Bhd recorded a net profit of RM1.24 billion for the financial year ended 2018 (FY18), an 8 per cent increase from FY17. UOB Malaysia chief ex...
Malay Mail:
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WINNIPEG, April 29 — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute.
The Star:
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This is your last chance to listen to some 120,000 songs from Indian artists and Hindi film soundtracks on Spotify, as they're all about to disappear from the streaming platform following failed negotiations with a major local record label.
Malay Mail:
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WASHINGTON, April 28 — US President Donald Trump pressed Japanese Prime Minister Shinzo Abe to have Japanese automakers produce more vehicles in the United States, according to a readout of their re...
Free Malaysia Today:
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GEORGE TOWN: A group of residents at a housing area in Green Lane here today claimed they are unaware that a major elevated road would be built through their neighbourhood come Merdeka Day.
Malay Mail:
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NEW YORK, April 26 — Uber Technologies Inc unveiled terms for its initial public offering today, telling investors the ride-hailing company and insiders would seek to sell as much as US$10.35 billio...
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NEW YORK, April 26 — New York Attorney General Letitia James said yesterday she is investigating Facebook Inc’s unauthorised storage of up to 1.5 million Facebook users’ email contact databases,...
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KUALA LUMPUR, April 25 — Etiqa Group Insurance and Takaful achieved a double-digit gross premium growth of 17 per cent to RM7.2 billion for the financial year (FY) ended December 31, 2018, although ...
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KUALA LUMPUR (April 25): Etiqa Group Insurance & Takaful closed its financial year ended Dec 31, 2018 (FY18) with 17% gross premium growth at RM7.2 billion from a year earlier and a 19% drop in profit...
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KUALA LUMPUR, April 25 — FGV Holdings Bhd (formerly Felda Global Ventures) may trim 6,000 positions from the estimated 20,000 workers at its head and regional offices due to its RM1.08 billion loss ...
Malay Mail:
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KUALA LUMPUR, April 24 — The National Higher Education Fund Corp (PTPTN) wants Malaysians to suggest ways in which it can collect the RM6.3 billion in arrears from borrowers.
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SAN FRANCISCO, April 25 — Facebook Inc yesterday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside US$3 bil...
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KUALA LUMPUR (April 24): MISC Bhd expects to secure more projects this year, given the company’s capability to take up to US$2 billion - US$3 billion worth of new jobs, compared with the US$1 billio...
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KUALA LUMPUR, April 24 — Bursa Malaysia ended higher today on continued buying momentum led by heavyweight MISC as investors sentiment improved, sparked by better-than-expected corporate earnings in...
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KUALA LUMPUR, April 24 — Bursa Malaysia continued its uptrend at mid-afternoon today spurred on by bargain hunting in most index-linked counters, dealers said.
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BIG is not always better in banking.
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KUALA LUMPUR (April 23): Credit ratings provider S&P Global Ratings has assigned a preliminary 'BB-' long-term issuer credit rating with a stable outlook to Serba Dinamik Holdings Bhd and the proposed...
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KUALA LUMPUR (April 23): Axiata Group Bhd could swing to a loss in its financial year ending Dec 31, 2019 (FY19), depending on the outcome of the appeal of its 80%-owned unit against the Nepal Supreme...
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KUALA LUMPUR: Any cut in the overnight policy rate (OPR) will have an “insignificant” impact on Public Bank Bhd, said its managing director (MD) Tan Sri Tay Ah Lek (pic).
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LONDON, April 23 — British state-controlled lender the Royal Bank of Scotland has doubled its funding pot to support small businesses to £6 billion (RM32.2 billion), but says the extra cash is no l...
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MP SPEAKS | Tony Pua, the person who said that SST will lower the price of goods, wants to school me?
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KUALA LUMPUR (April 22): Aminah Abdullah, the 85-year-old mother of the late Rompin MP Tan Sri Jamaluddin Jarjis, will have her day in court from Aug 13 to 17, and Sept 10 to 12, over her legal claim ...
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KUALA LUMPUR • Malaysia is putting its defence spending on the back burner as the government is channelling more than RM20 billion (S$6.56 billion) to bail out two key Malay institutions, Defence Mi...
The Straits Times:
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KUALA LUMPUR - Malaysia is putting its defence spending on the back-burner as the government is channelling more than RM20 billion (S$6.56 billion) to bail out two key Malay institutions, Defence Mini...
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TOKYO, April 19 ― Tokyo prosecutors will indict former Nissan chief Carlos Ghosn on a new charge on Monday when his detention period over suspected financial misconduct expires, local media reported...
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PUTRAJAYA (April 18): The operations of the Penang Road Transport Department (RTD) is not affected with the detentions of 24 State enforcement personnel by the Malaysian Anti-Corruption Commission (MA...
theSun:
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PUTRAJAYA: Operations at the Penang Road Transport Department (RTD) will not be affected by the arrest of 24 of its enforcement personnel by the Malaysian Anti-Corruption Commission (MACC), according ...
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ISLAMABAD, April 18 — Pakistan’s finance minister Asad Umar has stepped down from cabinet, he announced today, ahead of securing a crucial bailout deal with the International Monetary Fund.
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The Road Transport Department (JPJ) has collected RM4.23 billion in revenue for last year, the bulk of which was from road tax renewals, said transport minister Anthony Loke.
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NEW YORK, April 15 — Wall Street stocks were mostly higher as trading opened today following better-than-expected Chinese economic data, although weak IBM results weighed on the Dow.
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GEORGE TOWN: Penang Chief Minister Chow Kon Yeow says the state government will continue with the RM6.3 billion undersea tunnel and three roads project as those involved in building it have been clear...
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KUALA LUMPUR, April 17 — The government has allocated RM6.3 billion to rescue Federal Land Development Authority (Felda) and another RM17.8 billion on a restructuring plan for Lembaga Tabung Haji...
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MILAN, April 16 — Italy’s competition authority said today it had opened an investigation into Amazon for possible abuse of its dominant position in online commerce and logistics.
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TAIPEI, April 16 — Foxconn’s Chairman Terry Gou said today he is considering whether to run for Taiwan’s 2020 presidential election, a day after Reuters reported the tycoon planned to step down ...
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PETALING JAYA: The government needs to do some clean-up and then build the right foundation for Malaysia to rise up and retake its place among the leading economies globally, Finance Minister Lim Guan...
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Last week, the government said it would allocate RM6.3 billion to rescue the ailing Federal Land Development Authority (FELDA). Economic Affairs Minister Datuk Seri Mohamed Azmin Ali indicated that th...
Malaysiakini:
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The Kuala Lumpur Sessions Court will decide on May 17 when to hear two charges against former Goldman Sachs banker Roger Ng. Sessions Court judge Ahmad Kamal Arifin Ismail said today that he will make...
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KUALA LUMPUR (April 15): Investors turned bearish on Sapura Energy Bhd after second-largest shareholder Tan Sri Shahril Shamsuddin and family sold 600 million shares, or 3.76%, in the group.
Free Malaysia Today:
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A number of political developments and events have unfolded over the past few weeks, casting a pall over Malaysia Baru.