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Keep yourself informed about the latest business news, trends, and analyses with Business News. Our team of investigative journalists provides in-depth coverage of the world of business.
Malaysia not going into recession, growth set to continue in 2023:...
Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus reports that Malaysia is unlikely to enter a recession this year. Despite reduced foreign demand, domestic expenditure is expected to anchor economic growth, with the first quarter of 2023 showing more robust performance compared to the fourth quarter of 2022.
Yu Syndicate Directors swindle RM800 million from Rapid Synergy
Discover how the Yu Syndicate, led by brothers Yu Kuan Chon and Yu Kuan Huat, allegedly swindled RM800 million from Rapid Synergy Shareholders through land scams involving Malaysian public companies YNH Property BHD and Rapid Synergy BHD.
Shady Scheme used to Siphon RM1 Billion from YHN Property Bhd
Delve into the alleged shady scheme used by the Yu Syndicate, controlled by Yu Kuan Chon and Yu Kuan Huat, to siphon RM1 billion from YNH Property BHD through joint ventures involving 18 dead or frozen projects.
Hyundai to produce flying taxis for Uber
Hyundai Motor Company is collaborating with Uber to produce four-passenger aerial taxis, promising 50-mile trips in just 15 minutes. The electric vertical take-off and landing vehicles aim to revolutionize urban transportation, offering a faster alternative to traditional ground travel.
