Cropmate Fertiliser Firm Says Frozen Bank Accounts Released
Malaysian fertiliser firm Cropmate has announced the release of its frozen bank accounts. The company confirms that no employees or directors face arrest or charges.
Business
Latest reporting on business from Malaysia News 24.
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Business
KPMG Australia Names John Sams as New CEO Following Ethics Scandal
KPMG Australia has appointed John Sams as its new chief executive, replacing interim leader Stan Stavros. The move follows Andrew Yates's resignation over allegations he accessed confidential client information to secure audit contracts.
Twelve US states challenge proposed Paramount-Warner Bros. merger as anticompetitive threat
A coalition of twelve US states has filed legal action to prevent Paramount Global from merging with Warner Bros. Discovery, arguing the deal would reduce competition in Hollywood and harm consumers through higher prices and reduced content choices.
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Apple sues OpenAI over alleged theft of trade secrets in high-stakes AI rivalry
Apple has filed a lawsuit against OpenAI, accusing the AI firm of systematically stealing proprietary technology and trade secrets. The legal action represents a dramatic escalation in tensions between the former partners.
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Taiwan Expands Nvidia Chip Smuggling Investigation with Super Micro Computer Raid
Taiwan's authorities have expanded their investigation into the illegal smuggling of Nvidia chips, conducting raids on Super Micro Computer's offices as part of a widening enforcement operation targeting unlawful technology exports.
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Rohas Tecnic subsidiary clears investigation hurdle as MACC wraps up anti-money laundering probe
The Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission, the majority-owned subsidiary of listed company Rohas Tecnic Bhd, finding no breaches of anti-money laundering regulations.
Rohas Clears Hurdles as Anti-Corruption Probe Into HG Power Transmission Closes
Rohas Mohdamin has announced the completion of a Malaysian Anti-Corruption Commission investigation into its subsidiary HG Power Transmission, with all seizure orders now revoked and no further legal action anticipated.
Singapore Court Clears Path for Landmark US$2.7 Billion 1MDB Lawsuit Against Standard Chartered
A Singapore High Court has rejected Standard Chartered's appeal to dismiss a US$2.7 billion lawsuit linked to the 1Malaysia Development Berhad scandal, clearing the way for the case to advance to full trial.
Apple Challenges India's Antitrust Findings, Dismisses 'Copy-Paste' Allegations
Apple has accused India's Competition Commission of recycling complaints from rival app developers without independent investigation, challenging regulatory findings that the company engaged in abusive practices through its iOS ecosystem and payment requirements.
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Malaysia Charts Course to Lead Asia's Drone Revolution With New Regulations and Industry Push
Prime Minister Anwar Ibrahim has pledged comprehensive government support to position Malaysia as a leading drone technology hub in Southeast Asia, combining stricter regulations with research funding and business collaboration.
PM Anwar to Officially Launch LRT3 Shah Alam Line This Sunday
Prime Minister Datuk Seri Anwar Ibrahim will officially launch the fully completed LRT3 Shah Alam Line on June 28, with the 37.8-kilometre route expected to serve approximately two million residents across its 20-station corridor.
Malaysia Must Accelerate Drone Technology Development to Strengthen Economy, Says PM Anwar
Prime Minister Anwar Ibrahim has urged Malaysia to accelerate development of drone and unmanned aerial vehicle technologies as a strategic priority for economic growth, citing the sector's intersection with AI and digital transformation.
Maxim Expands Inclusive Mobility Initiative Across Malaysia for Underserved Communities
Ride-hailing operator Maxim is strengthening its commitment to accessible transportation nationwide through affordably priced services, specialised tech features, and partnerships with hospitals, NGOs, and community organisations serving vulnerable populations.
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Malaysia to Build Affordable Housing for Civil Servants Nationwide
Prime Minister Datuk Seri Anwar Ibrahim has unveiled plans for the government to construct affordable housing throughout Malaysia specifically for civil servants, marking a major initiative to ease the financial burden on public sector workers.
Service Tax Exemption on Non-residential Buildings to Take Effect July 2026
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings starting July 1, 2026, providing relief to property owners, businesses, and management bodies grappling with rising operational costs.
CPTPP Nations Rally Behind US-Iran Deal, Pledge to Safeguard Hormuz Shipping Lanes
The 12-member CPTPP trading bloc has endorsed recent US-Iran developments and pledged to keep the Strait of Hormuz open for energy commerce, citing risks to global supply chains and the vulnerabilities of developing economies.
BNM Opens Digital Gateway for Malaysians to Claim Forgotten Insurance and Takaful Benefits
Bank Negara Malaysia has unveiled the Semak Kasih portal, enabling Malaysians to search for unclaimed insurance and takaful benefits left by deceased relatives. Some 50,000 policies remain unclaimed nationwide.
Cabinet to Convene Foreign Workers Committee Next Week Under Zahid's Leadership
Malaysia's Cabinet will hold a dedicated committee meeting next week to address foreign worker issues across sectors including food and beverage, chaired by Deputy Prime Minister Ahmad Zahid Hamidi.
Majority of Global Consumers Will Pay Premium for AI Transparency, Survey Shows
A global consumer survey finds 52% willing to pay a seven per cent premium for brands transparent about artificial intelligence use. Germany leads at 73%, signalling growing demand for data accountability.