Kuala Lumpur's trusted voice for news, politics and business.
Latest reporting on business from KL Herald.
KPMG Australia has appointed John Sams as its new chief executive, bringing stability to the firm after a high-profile leadership crisis centred on allegations of mishandled client information.
Fertiliser manufacturer Cropmate has announced the release of its frozen bank accounts and confirmed that none of its workforce, including senior management, face criminal charges.
A coalition of twelve American states has filed legal action seeking to prevent Paramount's proposed acquisition of Warner Bros., arguing that the merger would reduce competition in Hollywood's film and television sectors and harm consumers.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph21wndg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph21wndp)%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 has filed a lawsuit against OpenAI, alleging the AI firm stole proprietary trade secrets. The action marks a dramatic rupture in what was once a collaborative relationship between the two technology giants.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phz97mg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phz97mp)%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%3ERohas%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia's anti-corruption authority has exonerated Rohas Tecnic Bhd's majority-owned subsidiary HG Power Transmission following completion of an investigation into potential anti-money laundering violations, according to regulatory announcements.
Singapore's High Court has rejected Standard Chartered's bid to dismiss a US$2.7 billion lawsuit stemming from the 1MDB scandal, clearing the path for the case to proceed to trial on allegations of dishonest assistance and anti-money laundering breaches.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph25pg3g)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph25pg3p)%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)
Prime Minister Datuk Seri Anwar Ibrahim has committed to strengthening Malaysia's position in the rapidly expanding drone industry through enhanced regulatory frameworks, research funding, and partnerships between government agencies and private enterprises.
Prime Minister Datuk Seri Anwar Ibrahim will officiate the launch of the 37.8-kilometre LRT3 Shah Alam Line on June 28, with the transport route set to serve two million residents across its corridor with seamless connections to existing rail networks.
Prime Minister Anwar Ibrahim has called on Malaysia to rapidly advance its unmanned aerial vehicle sector, highlighting the industry's intersection with AI and digital transformation as essential for economic competitiveness in the global market.
E-hailing platform Maxim is strengthening efforts to serve underserved populations including persons with disabilities, elderly citizens, and low-income families through affordable fares, accessibility features, and 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(%23phhk90g)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23phhk90p)%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%22136%22%20letter-spacing%3D%22-0.02em%22%3EGovernment%3C%2Ftext%3E%3C%2Fsvg%3E)
Prime Minister Anwar Ibrahim has announced plans for the government to construct affordable housing developments nationwide specifically for civil servants, addressing longstanding accommodation pressures within the public sector.
Malaysia's government will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings starting July 1, 2026, providing relief to property owners, businesses, and management bodies grappling with mounting operational costs.
The CPTPP trade bloc has endorsed the US-Iran agreement and efforts to restore safe navigation through the Strait of Hormuz, citing critical importance for global energy and trade flows.
Bank Negara Malaysia has unveiled the 'Semak Kasih' portal to assist beneficiaries in locating unclaimed insurance and takaful benefits left by deceased family members. Around 50,000 policies remain unclaimed nationwide.
Malaysia's Cabinet has fast-tracked a committee meeting on foreign workers, to be chaired by Deputy Prime Minister Ahmad Zahid Hamidi next week, addressing labour challenges across multiple sectors including food and beverage.
Pengurusan Aset Air Berhad celebrates its 20th anniversary, having deployed RM46.88 billion to overhaul Malaysia's water sector through major infrastructure projects across ten states.
Ajinomoto (Malaysia) Berhad has partnered with two prominent Saudi chefs to accelerate expansion in the Middle East, leveraging their culinary influence and expertise to promote halal-certified products across the region.
Petronas is playing an instrumental role in deepening Malaysia-Turkmenistan relations, leveraging its operational presence in the Central Asian nation to advance bilateral energy partnerships and economic growth.
A major global consumer survey reveals that over half of shoppers are prepared to pay more for brands that openly disclose how they use artificial intelligence with personal data, signalling a significant shift in purchasing behaviour driven by privacy concerns.