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Malaysia needs more firms to grow into national champions, regional leaders, says Amir Hamzah

KUALA LUMPUR, Aug 5 — Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan. He said while companies recognised for their achievements had demonstrated

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Tabung Haji reaffirms depositors’ zakat payments valid, Shariah-compliant

KUALA LUMPUR, Aug 5 — Lembaga Tabung Haji (TH) has reaffirmed that zakat paid on behalf of its depositors is valid and Shariah-compliant, dismissing doubts over the institution’s zakat payment practices. In a statement yesterday, TH said its Shariah Advisory

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MACC boosts digital forensics capability to detect AI deepfakes, manipulated evidence

PUTRAJAYA, Aug 5 — The Malaysian Anti-Corruption Commission (MACC) continues to strengthen its digital forensic capabilities by participating in the internationally recognised Amped Authenticate course in Trieste, Italy, to better tackle cybercrime and the growing threat of manipulated digital evidence.

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1MDB investigator says he did not check if US$620m returned by Najib was rerouted

KUALA LUMPUR, Aug 5 — The High Court yesterday heard that financial fraud investigator Richard Templeman did not trace whether 1Malaysia Development Berhad’s (1MDB) USD620 million returned by Datuk Seri Najib Tun Razak to the Tanore Finance Corporation (Tanore) account was

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MediAsas explained: The RM65 health insurance lifeline coming to Malaysia in 2027

KUALA LUMPUR, Aug 5 — Malaysians facing the burden of rising medical insurance premiums will soon have a more affordable option. Beginning in 2027, a voluntary medical insurance and takaful plan called MediAsas will be available, with basic monthly premiums starting from

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Stocks rise across Asia and Europe, oil prices edge up after plunge

HONG KONG, Aug 4 — Stocks mostly rose today after last week’s tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting

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Tony Pua denies stake in tech firm awarded Tabung Haji project

KUALA LUMPUR, Aug 4 — DAP’s Tony Pua has rejected alleged links to a tech company that secured a RM4.53 million contract with Tabung Haji (TH) in 2019, saying he held no shares in the firm at the time of

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Two women killed in Tokyo mall explosion had been ordered to re-enter mall after earthquake to secure money

TOKYO, Aug 4 — Two women who died in an explosion at an Aeon shopping mall in Kumamoto Prefecture, southwestern Japan, had originally safely evacuated following a major earthquake but were ordered back inside to secure cash, Xinhua reported.  The operator

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AI training using copyrighted works requires owners’ approval, says deputy minister

KUALA LUMPUR, Aug 4 — The use of copyrighted material for artificial intelligence (AI) model training is subject to approval from copyright holders, with licensing arrangements and royalty payments to be agreed by the relevant parties under the Copyright Act 1987.

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Drug seizures at KLIA jump nearly six-fold as syndicates target airport

SHAH ALAM, Aug 4 — Federal narcotics police said today that drug syndicates may be favouring Kuala Lumpur International Airport (KLIA) as a transit hub because flights from the airport are not prioritised for security screening over those from other

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