China's BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China, where it is an electric vehicle (EV) market leader, the companies said on Saturday.

China's BYD acquires 20% stake in Thai dealer Rever Automotive

The Malaysian Anti-Corruption Commission (MACC) has arrested a company director for submitting suspected false claims worth RM527,375.

MACC arrests company director over false claims of RM527,375

Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), the holding company of Projek Lintasan Damansara-Shah Alam Sdn Bhd (PLDASH), reiterated on Saturday that it had fulfilled all verified and certified payment obligations to the work package contractors (WPCs) involved in the Damansara-Shah Alam Elevated Expressway (DASH) project according to their respective contracts.

Prolintas reiterates it fulfilled all verified, certified payment obligations to DASH contractors, nothing to do with subcontractors' plight

The Malaysian Anti-Corruption Commission (MACC) has formed a special investigation team to scrutinise the documents provided by the Ministry of Human Resources (MOHR) regarding issues involving the Human Resource Development Corporation (HRD Corp).

MACC forms special team to investigate HRD Corp

The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Malaysia's priority is repatriation of 1MDB assets — home minister

The government will conduct further review concerning the two foreign worker management systems alleged to have overlapping functions, as revealed by the Public Accounts Committee (PAC) on Wednesday.

Govt to review overlapping functions of foreign worker management systems after PAC findings

Premier Tan Sri Abang Johari Tun Openg has indicated that there will be an official signing ceremony for Sarawak to acquire a major stake in “a bank” — widely understood to be Affin Bank Bhd (KL:AFFIN) — on July 19.

Sarawak premier hints at formalising Affin Bank deal on July 19

The Ministry of Rural and Regional Development will resolve the RM286.30 million loss of Mara Incorporated Sdn Bhd (Mara Inc) highlighted in the Auditor General's Report and ensure it does not recur, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Zahid: Mara Inc to ensure no recurrence of loss as shown in AG's Report

Bank Negara Malaysia (BNM) clarified on Saturday recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote sustainability and affordability.

Co-payment requirements for medical and health insurance and takaful products to promote sustainability, affordability — BNM

Apple Inc said on Friday it had approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the Fortnite maker escalated its feud with the technology giant, accusing it of hindering efforts to set up a games store on the devices.

Apple okays Epic Games marketplace app in Europe

Bursa Malaysia’s average daily trading value surged 59% to RM3.27 billion in the first half of the year (1H2024), from RM2.06 billion for the same corresponding period in 2023, showing that trading on the equity market is thriving.

Bursa's 1H average daily trading value up 59% to RM3.27b — CEO

An eight-day winning streak for Tesla Inc shares sent the world’s most valuable automaker into positive territory for the first time this year.

Tesla shares on track to turn positive for 2024 after US$200b rally

Türkiye will soon unveil an agreement with BYD Co to construct a US$1 billion (RM4.71 billion) plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.

China’s BYD to build US$1b EV plant in Türkiye, Bloomberg reports

Lawmakers will debate the latest Auditor-General’s (AG) Report 2/2024 when parliament resumes session this week following a one-day break for Awal Muharram on Monday.

The Week Ahead: Attention on AG’s Report debate, Bank Negara’s monetary policy meeting and Johor Plantations’ IPO

US President Joe Biden has defiantly rejected calls that he step aside from the presidential race against Republican opponent Donald Trump, presenting a challenge to fellow Democrats who are concerned his age will dissuade voters.

As Biden digs in, fellow Democrats face a dilemma

Prime Minister Datuk Seri Anwar Ibrahim has urged the people to remain resolute in their pursuit of goodness and to continue moving away from what is forbidden towards righteousness.

PM urges Malaysians to continue pursuit of goodness, righteousness

A decline of between 10% and 13% in turnout among Chinese and Indian voters was a factor in Pakatan Harapan's (PH) loss in the Sungai Bakap state by-election on Saturday, said Penang PH chairman Chow Kon Yeow.

Lower Chinese, Indian voter turnout a factor in PH's Sungai Bakap state by-election defeat, says Chow

The Ministry of Natural Resources and Environmental Sustainability (NRES), through the Department of Environment (DOE), received a complaint about the emission of black smoke at a crude oil refinery in Port Dickson on June 19.

Govt to look into black smoke emissions from Port Dickson crude oil refinery

Perikatan Nasional (PN) has managed to retain the Sungai Bakap state seat in Penang as its candidate Abidin Ismail emerged victorious in the by-election with a 4,267-vote margin over Pakatan Harapan candidate Dr Joohari Ariffin.

PN retains Sungai Bakap state seat with wider margin

The concept of 'Al-Falah' featured in this year's Maal Hijrah 2024/1446 theme is crucial for ensuring societal success, benefiting the people, religion and country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

'Al-Falah' concept brings benefits to people, religion, country, says Fadillah

Bank Negara Malaysia (BNM) clarified on Saturday recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote sustainability and affordability.

Premier Tan Sri Abang Johari Tun Openg has indicated that there will be an official signing ceremony for Sarawak to acquire a major stake in “a bank” — widely understood to be Affin Bank Bhd (KL:AFFIN) — on July 19.

Perikatan Nasional (PN) has managed to retain the Sungai Bakap state&nbsp;seat in Penang as its candidate Abidin Ismail emerged victorious in the by-election with a 4,267-vote margin over Pakatan Harapan&nbsp;candidate Dr Joohari Ariffin.&nbsp;

The Ministry of Rural and Regional Development will resolve the RM286.30 million loss of Mara Incorporated Sdn Bhd (Mara Inc) highlighted in the Auditor General's Report and ensure it does not recur, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

DAP has welcomed Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi's willingness to collaborate with Pakatan Harapan (PH) to strengthen the unity government in facing the 16th general election (GE16).

Loke welcomes Zahid's statement to strengthen unity govt for GE16

Polling for the Sungai&nbsp;Bakap&nbsp;state by-election kicked off at 8am on Saturday, and 38.3% of the 39,222 registered ordinary voters had come out to vote as of 1pm, according to the Election Commission (EC).&nbsp;&nbsp;

Sungai Bakap state by-election: 38.3% voter turnout as of 1pm

The Malaysian Anti-Corruption Commission (MACC) has formed a special investigation&nbsp;team to scrutinise the documents provided by the Ministry of Human Resources (MOHR) regarding issues involving the Human Resource Development Corporation (HRD Corp).

The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Projek&nbsp;Lintasan&nbsp;Kota Holdings&nbsp;Sdn&nbsp;Bhd&nbsp;(Prolintas), the holding company of Projek&nbsp;Lintasan&nbsp;Damansara-Shah Alam&nbsp;Sdn&nbsp;Bhd&nbsp;(PLDASH), reiterated on Saturday that it had fulfilled all verified and certified payment obligations to the work package contractors (WPCs) involved in the Damansara-Shah Alam Elevated Expressway&nbsp;(DASH) project according to their respective contracts.

The voting process for the Sungai Bakap state by-election concluded on Saturday after all nine polling centres,&nbsp;which opened at 8am, officially closed at 6pm.

Polling ends, vote-tallying begins for Sungai Bakap state by-election

The government will conduct further review concerning the two foreign worker management systems alleged to have overlapping functions, as revealed by the Public Accounts Committee (PAC) on Wednesday.

Around 5,700 residents were relocated after&nbsp;waters breached a dike at&nbsp;China's second-largest freshwater&nbsp;lake in the south of the country, while rescue workers rushed to contain further damage from outflows, Chinese state media said on Saturday.

Residents relocated after dam breach at China's second-largest freshwater lake

The Melaka government is urging for the construction of the&nbsp;waste-to-energy (WTE) plant at the Sungai Udang Sanitary Landfill to be expedited, as the tender was awarded over two years ago.

Melaka exco urges expedited construction of waste-to-energy plant

The percentage of voter turnout among young people in the Sungai Bakap state election on Saturday morning was encouraging, said Election Commission (EC) chairman Datuk Seri Ramlan Harun.&nbsp;

Encouraging turnout of young voters for Sungai Bakap state by-election, says EC

UK Prime Minister Keir Starmer said his new Labour government would scrap predecessor Rishi Sunak’s plan to deport asylum seekers to Rwanda, confirming his intention to adopt a new approach to immigration.

Starmer confirms UK to end Sunak’s Rwanda deportation policy

The Ministry of Plantation and Commodities will collect data related to the costs involved from all players in the palm oil industry before any decision regarding the windfall profit levy (WPL) on palm oil in this country is sent to the Ministry of Finance (MOF).

Proposals related to palm oil windfall profit levy to be submitted to MOF before Budget 2025, says Johari Ghani

Sarawak, which is rich in cultural heritage and rapidly growing in the technological scene, has great potential in the global gaming industry and to become a&nbsp;world&nbsp;hub for game development innovation, said&nbsp;Deputy Digital Minister Datuk Wilson Ugak Anak Kumbong.

Sarawak has game development potential — deputy digital minister

The Malaysian Anti-Corruption Commission (MACC) has arrested a company director for submitting suspected false claims worth RM527,375.

The value of Malaysia's halal exports reached RM54 billion in 2023, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia's halal exports hit RM54b in 2023, says Zafrul

US&nbsp;President Joe Biden has defiantly rejected calls that he step aside from the presidential race against Republican opponent Donald Trump, presenting a challenge to fellow Democrats who are concerned his age will dissuade voters.

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