Cropmate Fertiliser Firm Reports Resolution of Frozen Bank Accounts
Fertiliser manufacturer Cropmate has announced the release of its frozen bank accounts, declaring that none of its staff members or executives face legal action or charges.
Business
Latest reporting on business from NewsLah.
114 articles
Business
KPMG Australia Names John Sams as New Chief Executive Following Leadership Crisis
KPMG Australia has appointed John Sams as its new chief executive, ending a leadership transition that began when former CEO Andrew Yates resigned amid allegations of misusing confidential client information to secure audit contracts.
Twelve US States Challenge Paramount-Warner Bros. Merger as Anti-Competitive Threat
A coalition of twelve US states has launched legal action to prevent Paramount's acquisition by Warner Bros., arguing the deal would severely damage competition in entertainment.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph5vn99g)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph5vn99p)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22272%22%20letter-spacing%3D%22-0.02em%22%3EApple%3C%2Ftext%3E%3C%2Fsvg%3E)
Apple's Court Challenge to OpenAI Marks End of Strategic Alliance Over Trade Secrets
Apple has initiated legal action against OpenAI, claiming the AI firm unlawfully obtained and utilised Apple's confidential trade secrets and proprietary technologies, marking a significant deterioration in their once-collaborative relationship.
Singapore court allows US$2.7 billion 1MDB lawsuit against StanChart to advance
Singapore's High Court has rejected Standard Chartered's attempt to block a US$2.7 billion lawsuit linked to the 1MDB scandal, clearing the way for the case to proceed to trial on allegations of dishonest assistance and anti-money laundering failures.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4go56g)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4go56p)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22170%22%20letter-spacing%3D%22-0.02em%22%3EMalaysia%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia Poised to Capture Drone Market Growth Through Regulatory Framework and Industry Partnership
Prime Minister Datuk Seri Anwar Ibrahim has committed to positioning Malaysia as a regional drone technology hub, pledging enhanced regulatory oversight, research funding, and closer partnerships between government agencies and private enterprises.
PM Anwar To Officiate Launch of LRT3 Shah Alam Line This Sunday
Prime Minister Datuk Seri Anwar Ibrahim will officiate the opening of the fully completed LRT3 Shah Alam Line on Sunday, June 28. The 37.8-kilometre route with 20 stations is expected to serve around two million residents across the corridor.
Malaysia Must Accelerate Drone Technology Development to Strengthen Economic Position, Says PM Anwar
Prime Minister Datuk Seri Anwar Ibrahim has called for Malaysia to urgently develop its drone and unmanned aerial vehicle industry, citing the sector's potential to drive innovation and economic growth as the global UAV market approaches USD55 billion by 2030.
Maxim Expands Accessibility Drive Across Malaysia With Inclusive Transport Solutions
Ride-hailing service Maxim is intensifying efforts to remove transportation barriers for vulnerable Malaysians, including persons with disabilities, elderly citizens, and low-income families, through subsidised fares, accessible technology, and strategic community partnerships.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phhe5mg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phhe5mp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22170%22%20letter-spacing%3D%22-0.02em%22%3EMalaysia%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia to Roll Out Affordable Housing Scheme for Civil Servants Nationwide
Prime Minister Datuk Seri Anwar Ibrahim has announced plans for the government to develop affordable housing projects nationwide specifically for civil servants, addressing longstanding affordability challenges in the public sector workforce.
Service Tax Exemption on Non-residential Building Charges Takes Effect July 2026
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings from July 1, 2026, providing relief to property owners, businesses, and management bodies managing stratified properties.
CPTPP Nations Back US-Iran Deal, Emphasise Strait of Hormuz Security
The 12-member CPTPP bloc has endorsed recent US-Iran negotiations and efforts to restore safe passage through the Strait of Hormuz, recognising the critical importance of uninterrupted energy and trade flows for regional economies.
BNM Launches 'Semak Kasih' Portal to Help Families Claim Forgotten Insurance Benefits
Bank Negara Malaysia has unveiled the 'Semak Kasih' portal to assist families in identifying unclaimed insurance and takaful benefits left by deceased relatives, addressing an estimated 50,000 unpaid claims.
Cabinet To Fast-Track Foreign Workers Policy With Committee Meeting Next Week
Malaysia's Cabinet will convene a specialized committee next week to address mounting challenges in foreign labour management, particularly in the food and beverage sector, reflecting growing pressure from industries facing severe staffing shortages.
PAAB Celebrates Two Decades Driving Malaysia's Water Sector Transformation
Pengurusan Aset Air Berhad celebrates its 20th anniversary with RM46.88 billion in financing and investments transforming Malaysia's water services, though officials warn urgent action is needed to address 40 per cent non-revenue water losses.
Ajinomoto Malaysia Deepens Middle East Foothold With Saudi Chef Alliance
Ajinomoto Malaysia has forged a strategic partnership with two prominent Saudi Arabian chefs to accelerate its expansion across the Middle East, leveraging their influence to promote halal-certified products and culinary innovation.
Majority of Global Consumers Will Pay Premium for AI Transparency, Survey Finds
A new global survey reveals that 52% of consumers are prepared to pay higher prices for brands demonstrating transparency in their use of artificial intelligence and personal data, signalling a major shift in consumer priorities.
Petronas deepens Malaysia-Turkmenistan energy partnership amid strengthened diplomatic ties
Petronas is leveraging its established presence in Turkmenistan to deepen Malaysia-Turkmenistan relations following Prime Minister Anwar Ibrahim's recent visit, opening pathways for expanded energy cooperation and mutual economic benefit.
Malaysia's Labour Market Shows Resilience as Job Losses Decline Sharply
Malaysia's labour market remains stable with unemployment at just 0.04% as of late June, according to Economy Minister Akmal Nasrullah. Job losses have fallen 20% month-on-month, while government redeployment initiatives are accelerating workforce re-entry.