Day: September 10, 2024

KUALA LUMPUR, The High Court today was told the Public Accounts Committee (PAC) did not place the blame for the mismanagement of 1Malaysia Development Berhad (1MDB) on its former president and chief executive officer (CEO) Arul Kanda Kandasamy in 2016. United Kingdom-based financial fraud investigator Richard Templeman admitted that he and PAC arrived at different conclusions regarding the 1MDB financial crisis, with him placing the blame on Arul Kanda, while PAC placed it on 1MDB’s former chief executive officer, Datuk Shahrol Azral Ibrahim Halmi. Templeman was responding to cross-examination by Arul Kanda’s counsel, Sanjay Mohan in 1MDB’s USD6.59 billion lawsuit

KUALA LUMPUR, AI-Media, the global leader in artificial intelligence (AI)-powered captioning and translation services, announced a new partnership with ITV, the United Kingdom (UK)’s largest commercial broadcaster. This collaboration marks a significant step forward in the use of AI captioning technology to enhance accessibility and operational efficiency across ITV’s extensive broadcast network, according to a statement. AI-Media Vice President of International Sales, John Peck said this partnership not only enhances ITV’s operational efficiency but also confirms their position as forward-thinking innovators in the European access services community. Meanwhile, ITV Director of Accessibility, David Padmore said: ‘Working with AI-Media has allowed

KUALA LUMPUR, GlaxoSmithKline Pharmaceutical Sdn Bhd (GSK) today announced the launch of the Herpes Zoster (HZ) vaccine, Shingrix, also known as Recombinant Zoster Vaccine, Adjuvanted (RZV) in Malaysia for the prevention of shingles and post-herpetic neuralgia (PHN). GSK Malaysia Country Medical Director Dr Alap Gandhi said RZV has been designed to prevent the shingles in adults aged above 50 and for those patients 18 years and above who are immunosuppressed. ‘Shingles is a disease that can cause excruciating pain and is caused by the reactivation of the varicella zoster virus. In some cases, people can also develop PHN a long-lasting

Proof Of Defenceministry’s Attention For ATM Veterans TAWAU, The ‘Peduli Veteran MADAN’ (PVM) visit in Tawau and Semporna is proof of the attention given by the Defence Ministry to the welfare of veterans of the Malaysian Armed Forces (ATM), said Deputy Minister Adly Zahari. He said the visit was not only to see the development of the ATM veterans but also to ensure the aid for them is channelled effectively. “Apart from saying hello, we also go to their homes, for example in Semporna, we go to the islands, to make sure that the assistance scheme set up for them

KUALA LUMPUR, The ringgit strengthened against the US dollar at the close on Tuesday, in line with other regional currencies as market participants awaited the release of the US consumer price index (CPI) report tomorrow. At 6 pm, the local note bounced to 4.3400/3445 versus the greenback from yesterday’s close of 4.3700/3745. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the recent downward revision of past US non-farm payroll data suggests that the US labour market is softening while crude oil prices have been on a lower trajectory. ‘In that sense, the disinflationary trend should remain