Archive
Back to homepageInvestment fraud losses hit RM1.47b, police say victims trapped in fake profits before being hit with hidden fees
KUALA LUMPUR, April 18 — Investment scams caused losses of RM1.47 billion last year, involving 9,603 cases, with the Royal Malaysia Police identifying five main methods, most using social media as the primary channel. Bukit Aman Commercial Crime Investigation Department
Read MoreMOF explains why fuel is getting pricier: Insurance up 17 times, shipping costs triple amid West Asia conflict
KUALA LUMPUR, April 18 — Today’s surge in fuel prices is not solely due to higher crude oil prices following the West Asia conflict, but also to increased risks to the global petroleum supply chain, driving up shipping costs and
Read MoreMACC: Top officials from Survey and Mapping Dept to face charges over RM900,000 fund abuse
KUALA LUMPUR, April 18 — The director-general and a senior officer of the Department of Survey and Mapping Malaysia (Jupem), under investigation over an alleged RM900,000 fund misappropriation, will be charged in court next week. Malaysian Anti-Corruption Commission (MACC) Chief
Read MoreHishammuddin, Khairy among thousands back in Umno, party supreme council opens door for online membership
MELAKA, April 18 — Former Umno vice-president Datuk Seri Hishammuddin Hussein and former Umno Youth chief Khairy Jamaluddin were among those who were accepted back into Umno under the Gagasan Rumah Bangsa initiative. Umno secretary-general Datuk Dr Asyraf Wajdi Dusuki
Read MorePrivate sector key to ensuring Madani Economy delivers real impact, says Anwar
KUALA LUMPUR, April 18 — Greater involvement of the private sector and entrepreneurs is vital to ensure the Madani Economy delivers meaningful, sustainable and widely shared growth, Prime Minister Datuk Seri Anwar Ibrahim said. He said the Madani Economy framework
Read MoreFrom ‘just-in-time’ to ‘just-in-case’: Countries rethink economic models as global risks rise, says Amir Hamzah
KUALA LUMPUR, April 18 — Countries are moving away from efficiency-driven economic models towards resilience, as rising geopolitical uncertainty reshapes the global economic landscape, including trade and investment strategies. Finance Minister II Datuk Seri Amir Hamzah Azizan said for decades,
Read MoreBursa Malaysia ends week higher as upbeat GDP outlook lifts sentiment
KUALA LUMPUR, April 17 — Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand. Earlier today, the
Read MoreChina fines e-commerce giants RM2b over ‘ghost’ food deliveries
BEIJING, April 17 — China has issued fines totalling 3.6 billion yuan (RM2.08 billion) to seven major e-commerce platforms for food safety violations, the State Administration for Market Regulation (SAMR) said on Friday. The regulator said platforms, including Alibaba-owned Taobao,
Read MoreMalaysia to arm border agency with pistols or tasers following Bukit Kayu Hitam shooting
PORT KLANG, April 17 — The government has agreed to equip the Malaysian Border Control and Protection Agency (AKPS) with necessary armaments, with procurement to begin before year-end, said Home Minister Datuk Seri Saifuddin Nasution Ismail. He said the matter
Read MorePutrajaya rejects report of Sebatik land loss, says Malaysia gained 662ha in broader border deal
KUALA LUMPUR, April 17 — The Malaysian government has challenged a news report claiming that 127.3 hectares of territory on Pulau Sebatik now belongs to Indonesia, labelling the assertion as inaccurate and inconsistent with official records. The Ministry of Natural
Read More
