
Cropmate's frozen bank accounts released as company seeks to restore operations
Malaysian fertiliser company Cropmate says authorities have released its frozen bank accounts. The firm also confirms no employees or directors face arrest or charges.
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KPMG Australia has appointed John Sams as chief executive officer, ending months of interim leadership following Andrew Yates' resignation over allegations of misusing confidential client data to secure audit contracts.

Malaysian fertiliser company Cropmate says authorities have released its frozen bank accounts. The firm also confirms no employees or directors face arrest or charges.

Twelve US states have filed a lawsuit challenging Paramount's proposed acquisition of Warner Bros., arguing the merger would create an anti-competitive entertainment giant and harm consumers across film and television markets.
Apple has launched a major legal action against OpenAI, claiming the AI firm misappropriated proprietary technology and confidential information. The lawsuit marks a significant escalation between two tech giants previously seen as collaborators.
Malaysia's Anti-Corruption Commission has concluded its investigation into HG Power Transmission, an 86.8 per cent subsidiary of Rohas Tecnic Bhd, finding no violations of anti-money laundering legislation.

Singapore's High Court has rejected Standard Chartered's bid to dismiss a $2.7 billion lawsuit connected to the 1MDB scandal, clearing the way for the case to proceed to full trial on allegations of dishonest assistance and breaches of anti-money laundering obligations.
Prime Minister Datuk Seri Anwar Ibrahim has committed to establishing robust regulatory frameworks and fostering research collaboration to position Malaysia as a regional drone technology leader.

Prime Minister Datuk Seri Anwar Ibrahim will tomorrow inaugurate the fully completed LRT3 Shah Alam Line, a 37.8-kilometre rapid transit corridor spanning 20 stations from Bandar Utama to Johan Setia. The line is expected to serve approximately two million residents.

Prime Minister Anwar Ibrahim has called for Malaysia to rapidly scale up its unmanned aerial vehicle industry, highlighting the sector's potential as a catalyst for economic growth and innovation amid a projected global market worth USD55 billion by 2030.

Ride-hailing firm Maxim is strengthening its commitment to inclusive mobility, rolling out budget fares, accessibility features, and partnerships with hospitals and NGOs to serve vulnerable Malaysians.
Prime Minister Anwar Ibrahim has unveiled plans for a comprehensive affordable housing initiative targeting civil servants nationwide, aiming to ease the financial burden on Malaysia's public sector workforce and boost retention rates.

Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings from July 1, 2026, providing financial relief to property owners and management bodies across the sector.

The 12-member CPTPP has endorsed recent US-Iran developments aimed at reopening the Strait of Hormuz, emphasising the critical need for secure maritime routes and uninterrupted energy flows to support global economic stability.

Bank Negara Malaysia has unveiled the Semak Kasih portal, enabling beneficiaries to identify unclaimed insurance policies and takaful certificates. Roughly 50,000 policies involving death benefits remain unclaimed, with the portal designed to streamline the claims process.
Malaysia's Cabinet will hold a dedicated committee meeting next week to address foreign worker challenges across multiple sectors, particularly food and beverage. Deputy Prime Minister Ahmad Zahid Hamidi will chair the session.

A new global survey reveals that 52% of consumers are prepared to pay higher prices for brands transparent about their AI practices, signalling a major shift in how businesses must approach data governance.

Pengurusan Aset Air Berhad (PAAB) celebrated its 20th anniversary, reflecting two decades of strategic investment totalling RM46.88 billion in restructuring Malaysia's water services and strengthening supply security across the nation.

Ajinomoto Malaysia is deepening its Middle East strategy through partnerships with two influential Saudi Arabian chefs, leveraging their culinary expertise to promote halal-certified products and umami innovation across the region.

Petronas is driving renewed energy and economic cooperation between Malaysia and Turkmenistan following Prime Minister Anwar Ibrahim's recent state visit, positioning the national oil company as a strategic bridge for broader regional collaboration.