Senior religious affairs dept officer charged with 24 counts of power abuse

KUALA TERENGGANU: A senior administrative officer from the Terengganu Islamic religious affairs department pleaded not guilty in the sessions court here today to 24 counts of abuse of power by awarding departmental vehicle repair work to his wife’s company two years ago. Ali Embong, 60, made the plea after the charges were read out to […]

Govt agency director nabbed in Kelantan

PETALING JAYA: The Kelantan Malaysian Anti-Corruption Commission has detained the director of a government agency on suspicion of soliciting “hundreds of thousands of ringgit” in bribes. A source said the man, who is in his 50s, was detained at the Kelantan MACC office this afternoon after having his statement recorded. “The man is alleged to […]

Grab turns to Socso to compensate ‘assaulted’ driver

KUALA LUMPUR: Ride-hailing company Grab Malaysia has applied for insurance compensation from the Social Security Organisation (Socso) for a disabled driver who was allegedly assaulted, human resources minister Steven Sim said today. “The application was just sent in this morning. Applications like this normally don’t take long. Socso should process this in the next few […]

Malaysians need to be educated on importance of Rome Statute, says UN rights chief

PUTRAJAYA: More education is necessary to dispel misconceptions and encourage countries to consider ratifying the Rome Statute, said United Nations high commissioner for human rights Volker Türk. Türk said the Rome Statute deals with investigating the most “atrocious crimes” when countries are unable to address them domestically. “I think there’s a need for a lot […]

Dollar edges up ahead of key data, Bank of Canada policy meeting

WASHINGTON: The dollar rose ahead of key US economic data on Wednesday, with investors also waiting for a monetary policy meeting in Canada that could set off a rate-cuttingincreascurren cycle. Investors are looking out for US services data on Wednesday, and more job figures later in the week. The greenback has languished at an almost […]

Pushback against Bank Pembangunan-Exim Bank-SME Bank merger

PETALING JAYA: The government’s proposal to merge development financial institutions (DFIs) has ruffled the feathers of some industry players, who claim there are solid grounds for the ongoing restructuring to be halted. Their key grouse is that the single merged entity will have a reduced focus on the micro, small and medium enterprises (MSME), leading […]

Boeing CEO to address safety at US Senate hearing

NEW YORK: Boeing’s outgoing CEO Dave Calhoun will testify before a US Senate panel later this month to answer questions about safety and production issues at the aircraft manufacturer, the company said Wednesday. The June 18 appearance in front of the Senate Permanent Subcommittee on Investigations follows an April hearing, in which four whistleblowers alleged […]

Nvidia overtakes Apple as No 2 most valuable company

Nvidia’s rallied to record highs on Wednesday, with the artificial intelligence chipmaker’s valuation breaching the US$3 trillion mark and overtaking Apple to become the world’s second most valuable company. Nvidia is preparing to split its stock ten-for-one, effective on June 7, a move that could increase its appeal to individual investors. The surge in Nvidia’s […]

Hamzah’s son charged with receiving RM100k bribe

The son of opposition leader Hamzah Zainudin has been charged in the Kuala Lumpur Sessions Court today with one count of receiving an RM100,000 bribe. Muhammad Faisal Hamzah, 40, pleaded not guilty to receiving the money from Izmir Abd Hamid, allegedly as payment for Heitech Padu Bhd to appoint Syarikat Rimba Merpati Sdn Bhd and […]

Selangor Startups Excel in Tokyo: Pitch Malaysia 2024 Programme Fuels Global Opportunities

SHAH ALAM, 1 June 2024 — Eight (8) local startups selected by the Selangor Information Technology and Digital Economy Corporation (Sidec) to participate in the Pitch Malaysia 2024 Programme have made significant strides in Tokyo, impressing industry leaders across a series of high-profile events. From May 12 to 18, 2024, these dynamic companies attended three (3) […]