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KPMG Australia has appointed John Sams as chief executive, replacing interim leader Stan Stavros. The move follows the exit of former CEO Andrew Yates, who resigned after allegations emerged regarding unauthorised access to confidential client data.
Cropmate, a Malaysian fertiliser company, announced the release of its previously frozen bank accounts. The firm confirmed that none of its staff, including senior management, faced legal action.
A coalition of twelve American states has filed a lawsuit seeking to prevent Paramount from acquiring Warner Bros., arguing the blockbuster entertainment merger threatens competitive dynamics across film and television sectors.
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Apple has filed a substantial lawsuit against OpenAI, marking a dramatic reversal in their technology partnership. The case centres on allegations of intellectual property theft and competitive misconduct.
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Malaysia's anti-corruption authority has concluded its investigation into HG Power Transmission, a subsidiary of listed company Rohas Tecnic Bhd, finding no breaches of anti-money laundering legislation.
Rohas Matajaya has announced through a Bursa Malaysia filing that the Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission with no further action necessary, resolving a matter that had hung over the company.
Singapore's High Court has rejected Standard Chartered's bid to dismiss a US$2.7 billion lawsuit tied to the 1MDB scandal, allowing the case to proceed to trial on allegations of dishonest assistance and anti-money laundering breaches.
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Prime Minister Datuk Seri Anwar Ibrahim has announced comprehensive government support for Malaysia's emerging drone sector, including new regulatory frameworks, increased research investment, and collaborative industry partnerships.
Malaysia's newest rapid transit corridor, the 37.8-kilometre LRT3 Shah Alam Line, will be officially launched by Prime Minister Datuk Seri Anwar Ibrahim on June 28. The 20-station network promises to transform commuting across the Klang Valley.
Prime Minister Anwar Ibrahim has urged Malaysia to rapidly develop its drone and unmanned aerial vehicle sector, citing the industry's critical role in driving innovation and economic growth amid projections of a USD55 billion global market by 2030.
Ride-hailing firm Maxim is intensifying efforts to make transportation accessible for persons with disabilities, seniors, and low-income Malaysians through budget-friendly pricing, specialized services, and strategic partnerships with hospitals and NGOs.
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Prime Minister Anwar Ibrahim has unveiled plans for the government to construct affordable housing nationwide targeting civil servants, addressing mounting concerns over living costs and workforce retention in the public sector.
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings starting July 2026, providing relief to property managers, owners, and building occupants across the sector.
The 12-member CPTPP trade bloc has endorsed recent US-Iran negotiations and called for sustained freedom of navigation through the Strait of Hormuz, citing concerns over global energy supply disruptions.
Bank Negara Malaysia has unveiled the 'Semak Kasih' portal to assist beneficiaries in tracking unclaimed insurance and takaful benefits. The initiative addresses an estimated 50,000 unclaimed death benefit policies, highlighting gaps in financial awareness among Malaysian families.
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Malaysia's Cabinet will convene a dedicated committee meeting next week to tackle foreign worker issues across multiple sectors, including food and beverage, with Deputy Prime Minister Ahmad Zahid Hamidi presiding.
Malaysia's water asset management company PAAB celebrated its 20th anniversary, highlighting RM46.88 billion invested in restructuring the nation's water services and addressing critical supply challenges facing growing economic sectors.
Ajinomoto Malaysia is deepening its Middle East strategy through collaborations with influential Saudi Arabian chefs Chef Fadi Mneimneh and Chef Rakan Aloraifi, leveraging their culinary expertise to promote halal products and umami concepts across the region.
Petronas is pivoting its Central Asian strategy to deepen Malaysia-Turkmenistan energy cooperation, capitalizing on Prime Minister Anwar Ibrahim's recent diplomatic visit to unlock fresh investment and trade opportunities in the hydrocarbon-rich nation.