
Alam Maritim CEO Freed After MACC Remand Period
Datuk Azmi Ahmad, group managing director and chief executive of Alam Maritim Resources Bhd, has been released from Malaysian Anti-Corruption Commission remand following detention in Kuala Lumpur.
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Datuk Azmi Ahmad, group managing director and chief executive of Alam Maritim Resources Bhd, has been released from Malaysian Anti-Corruption Commission remand following detention in Kuala Lumpur.

The Malaysian International Chamber of Commerce and Industry has urged its members to invest heavily in talent development and innovation as artificial intelligence and automation reshape the business landscape and employment opportunities.

YNH Construction has obtained Inland Revenue Board approval for a restructured tax settlement requiring payment of RM5.16 million by September 10, with a conditional RM1.71 million penalty waiver contingent on full compliance.

Malaysia's iconic buildings like PETRONAS Twin Towers and Merdeka 118 are generating significant revenue from visitor experiences, transforming architecture into a commercial strategy alongside traditional property income.

The Malaysian Employers Federation has urged employers to strengthen verification processes and maintain human oversight in hiring as artificial intelligence transforms recruitment, warning of growing risks from AI-generated application materials and deepfake technology.

Penang has enlisted PricewaterhouseCoopers to develop a comprehensive strategy for establishing a Penang International Financial Centre, positioning the state as a regional technology-driven financial hub.

Fashion retailer Padini Holdings announced that the Malaysian Anti-Corruption Commission has unfrozen all bank accounts previously frozen during its corruption investigation, allowing the company to resume normal financial operations.