News about IT

KUALA LUMPUR (Nov 22): Former Prime Minister Datuk Seri Najib Razak says action must be taken against Low Taek Jho, also known as Jho Low, if he is found to have committed wrongdoings in relation to the 1Malaysia Development Bhd (1MDB) scandal.

KUALA LUMPUR (Nov 22): The joint venture (JV) between Aspen Group and IKEA Southeast Asia has signed a memorandum of understanding (MoU) with Marriott International, appointing Aloft Hotel as the hotel operator in the planned development of Aspen Vision City in Batu Kawan, Penang.

KUALA LUMPUR (Nov 22): Member of Parliament for Kepong Lim Lip Eng has asked the Malaysian Institute of Accountants (MIA) on the status of its investigation of Deloitte Malaysia over the latter’s handling of the audit of 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

KUALA LUMPUR (Nov 21): Paramount Corp Bhd reported an 81% drop in its net profit to RM15.

IPOH (Nov 21): The state authorities here want to restart the collection service for garden and bulk waste, reported The Star today.

KUALA LUMPUR (Nov 21): The Malaysian Institute of Accountants (MIA) has been urged to take action against Deloitte Malaysia's former country managing partner Datuk Tan Theng Hooi for allegedly lying to the Public Accounts Committee (PAC) on matters related to 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 21): Closed-circuit television or CCTVs have been a useful tool to help law enforcement agencies bust crime in major metropolises such as London and Tokyo.

KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.

KUALA LUMPUR (Nov 19): Bukit Bintang City Centre (BBCC) is looking at bringing in more local start-ups to be part of its Malaysia Grand Bazaar (MGB) component, part of the Entertainment Hub of the multi-billion ringgit development.