Business

Latest reporting on business from Malay Pusat.

113 articles

Business

KPMG Australia Installs New Leadership as Firm Recovers from Client Data Scandal

KPMG Australia has appointed John Sams as permanent chief executive, ending a period of interim leadership following high-profile misconduct allegations that damaged the Big Four firm's reputation and client relationships.

By Lim Wei Jie · 21 July 2026

Cropmate's Frozen Bank Accounts Released, Company Confirms No Staff Arrests

Malaysian fertiliser company Cropmate has secured the release of its previously frozen bank accounts, while reaffirming that none of its workforce faces criminal charges.

By Lim Wei Jie · 16 Jul 2026 · 3 min read

Twelve US States Challenge Paramount-Warner Bros. Merger as Competitive Threat

A coalition of twelve US states has launched legal action to prevent Paramount Global's merger with Warner Bros. Discovery, arguing the deal would substantially reduce competition in Hollywood's film and television production sectors.

By Lim Wei Jie · 13 Jul 2026 · 4 min read

Apple sues OpenAI over alleged theft of trade secrets in high-stakes AI rivalry

Apple has filed a major lawsuit against OpenAI, alleging the AI company misappropriated trade secrets and confidential information. The dispute marks a dramatic reversal in the companies' relationship and signals intensifying competition in the artificial intelligence sector.

By Lim Wei Jie · 11 Jul 2026 · 4 min read

Rohas Tecnic subsidiary cleared following MACC's money-laundering investigation

The Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission, a subsidiary of Rohas Tecnic Bhd, finding no basis for prosecution under anti-money laundering legislation.

By Lim Wei Jie · 3 Jul 2026 · 4 min read

Singapore court clears path for US$2.7 billion 1MDB lawsuit against StanChart

Singapore's High Court has rejected Standard Chartered's attempt to block a US$2.7 billion lawsuit tied to the 1MDB scandal, clearing the way for the case to advance to trial on allegations of dishonest assistance and anti-money laundering failures.

By Lim Wei Jie · 1 Jul 2026 · 4 min read

Malaysia Eyes Leadership in Unmanned Aircraft Sector With Regulatory Framework and R&D Push

Prime Minister Anwar Ibrahim has pledged comprehensive government support to position Malaysia as a regional leader in unmanned aircraft technology, through enhanced regulations, expanded research capabilities, and closer industry collaboration.

By Lim Wei Jie · 28 Jun 2026 · 4 min read

PM Anwar to Officially Launch LRT3 Shah Alam Line This Sunday

Prime Minister Datuk Seri Anwar Ibrahim will officiate the launch of the completed LRT3 Shah Alam Line on Sunday, June 28, with the 37.8-kilometre route expected to serve two million residents across 20 stations.

By Lim Wei Jie · 27 Jun 2026 · 5 min read

Malaysia Must Accelerate Drone Technology Development, Says PM Anwar

Prime Minister Datuk Seri Anwar Ibrahim has urged Malaysia to accelerate development of unmanned aerial vehicle technologies, positioning drones as critical to economic competitiveness alongside AI and digital transformation.

By Lim Wei Jie · 27 Jun 2026 · 3 min read

Maxim Accelerates Inclusive Mobility Push Across Malaysia

E-hailing platform Maxim is intensifying efforts to make transportation accessible to persons with disabilities, elderly citizens, and low-income families through subsidised fares, technology innovations, and partnerships with hospitals and NGOs.

By Lim Wei Jie · 27 Jun 2026 · 5 min read

Government to Roll Out Affordable Housing Scheme for Civil Servants Across Malaysia

Prime Minister Anwar Ibrahim has announced a nationwide initiative to develop low-rent housing for civil servants, aiming to ease the financial burden of accommodation costs for Malaysia's public sector workforce.