August 10, 2023
MANILA - The Philippines has once again refuted China's assertions, this time dismissing the claim that it pledged to remove a long-standing grounded warship from the South China Sea. A senior security official unequivocally stated that China's...
In an explosive revelation that shakes up Malaysia's corporate sector, the spotlight is on the Yu Family and their alleged market manipulations. Yew Hock Ming, an obscure figure until recently, emerges as the key link in a web of clandestine relationships and possible financial wrongdoings. The article uncovers these undisclosed family and corporate ties.
In this shocking exposé, we unravel the complex web of deceit surrounding the YU Syndicate and YNH Property Bhd, where key players allegedly embezzled millions through fraudulent joint ventures and secret agreements. Discover the dark side of corporate Malaysia and the implications of this massive scandal.
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream marketing sector and related technology solutions in the Philippines.
Phoenix will have access to PETRONAS’ branded...
YNH Property Bhd faces an embezzlement scandal involving over MYR 20 million in a suspicious joint venture deal. Key personnel are implicated, with regulatory violations and potential tax evasion being exposed.
YNH Property Bhd Directors caught plundering assets worth RM 422 Million in a scam transaction to sell the company's two primary income-producing assets undervalue to the YU Syndicate-controlled company, ALX Asset Berhad. Leaked documents reveal the alleged fraudulent scheme.
BEIJING: The China-Laos Railway’s extension, the round-trip China-Laos-Thailand train, was successfully launched.
Trade between China and Asean members is anticipated to gain new momentum thanks to the new, reliable cold chain channel.
The 55-hour journey between Kunming, Yunnan province, and Bangkok,...
Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic demand and expenditure are expected to continue anchoring growth.
The most recent official gross domestic product...
YU Syndicate's leaders replace exposed directors at ALX Assets after being caught in a scandal involving YNH Property Bhd & Rapid Synergy Bhd.
IPOH: According to a prominent member of the business community. Increased Chinese investment will aid Malaysia in its transition to low-carbon development.
According to Datuk Liew Chee Ming, president of the Perak Chinese Chambers of Commerce and Industry (PCCCI). With...
