The federal government has forked out a total of RM39.74 billion in guarantee commitment grants to repay 1Malaysia Development Bhd (1MDB) debts from 2019 to 2023.

Nearly RM40b in federal grants channelled to 1MDB, says Auditor General

KUALA LUMPUR (Oct 14): The dividends received from 18 companies and two statutory bodies in 2023 amounted to RM46.059 billion, down RM9.756 billion or 17.5% compared with RM55.815 billion in 2022, according to the Auditor General’s Report on Monday.

Dividends received by federal govt from firms, statutory bodies down nearly 18% in 2023 — AG’s Report

A total of 202 of the federal government’s projects under the 12th Malaysia Plan are deemed ailing projects (projek sakit) as at the end of last year, according to the Auditor General’s Report released on Monday.

202 projects delayed at least by over two months under 12MP, says AG’s Report 

The government spent more than budgeted for the implementation of the 12th Malaysia Plan (12MP) projects from 2021 to 2023, according to the auditor general.

Govt overspends on 12MP projects in first three years — AG's Report

The federal government's financial performance in 2023 improved over 2022, with excess revenue increasing by RM2.028 billion, according to the Auditor General's Report released on Monday.

Federal govt's financials improved in 2023, but rising liabilities need attention — AG's Report

The government has failed to implement the simultaneous issuance of vacant possession with strata titles (VPST), as there was no coordination between the Ministry of Housing and Local Government (KPKT) and other government agencies to fulfill the implementation of the policy, according to the Auditor General’s (AG) Report 2024.

Issuance of strata titles with vacant possession failed due to lack of coordination between ministry, govt agencies — AG's Report

The Mass Rapid Transit Line 1 (MRT1) and MRT2 have failed to meet their targets for daily ridership. They also failed to meet the targeted numbers of trains in operation, and peak-hour frequency, according to the 2024 Auditor General's Report.

MRT Corp's accumulated losses hit RM57.6b while MRT1, MRT2 fail to meet ridership, frequency targets — AG's Report

Human Resource Development Corp (HRD Corp) has acknowledged the shortcomings highlighted in the Auditor-General's (AG) and Public Accounts Committee (PAC) reports released on Thursday, and maintained that levies collected from employers should only be used to train their own employees.

HRD Corp acknowledges audit findings, says collected levies should only be for employee training

Khazanah Nasional Bhd has been advised to evaluate whether i2M Ventures Sdn Bhd should continue operations, having failed to achieve its objective to promote, market and manage businesses in Iskandar Puteri, Johor, according to the Auditor-General's (AG’s) Report 2024.

Khazanah advised to review relevance of i2M Ventures after failure to meet KPIs

The decision to debate the 2024 Auditor General's Report Series 2 (LKAN 2/2024) in Parliament underscores the government's commitment to embracing constructive criticism for better national governance, Communications Minister Fahmi Fadzil said.

Fahmi, who is also the Unity Government’s spokesperson, said the debate session, expected to begin next week, would provide MPs with an opportunity to discuss issues and propose enhancements in the management of ministries, departments and agencies outlined in the report.

Audit report opened for debate to improve governance, says Fahmi

Mara Incorporated Sdn Bhd (Mara Inc) has accumulated losses totaling RM286.3 million, which the auditor general attributes to the ineffective execution of property management activities.

Mara Inc couldn't declare dividends for 10 years as poor management led to RM286m losses — AG

The National Professors Council, a government-funded body comprising professors from Malaysian universities, has been found to have misused its funding to benefit two companies, in which two trustees have a stake.

AG finds misuse of funds at National Professors Council

The Royal Malaysian Navy has wasted RM384.49 million worth of unused spare parts, according to the 2024 Auditor General's Report.

One depot has 1.62 million unused parts worth RM381.69 million, while another depot has over 6,000 parts worth RM2.8 million, the report said. One reason cited for the non-utilisation of the spare parts is the exchange of equipment on ships with different brands and types of equipment.

Over RM384m worth of spare parts wasted by navy, AG's Report finds

KUALA LUMPUR (July 4): The Auditor General’s Report 2024 has flagged a suspicious disbursement of training grants, totalling RM51.69 million by the Human Resources Development Corp (HRD Corp).

AG flags HRD Corp for suspicious RM51.69m disbursements

All parties to Israel-Hamas war have agreed that the Gaza ceasefire will take effect at 8.30am local time on Sunday, a few hours earlier than had been anticipated, Qatar announced.

Gaza ceasefire to start on Sunday morning following Israeli approval

South Korea’s impeached President Yoon Suk Yeol appeared in court on Saturday to argue against a request for his detention to be extended after his arrest earlier this week.

Impeached S Korean president Yoon defends himself in court against longer detention

The Ministry of Transport (MOT) will hold talks with the Road Transport Department (JPJ) to enable the mobile application for the selling and buying of used motorcycles to be integrated with the mySIKAP system for simpler, faster and safer transactions.

MOT, JPJ to discuss integrating app for buying and selling used motorcycles with mySIKAP

The Malaysian Anti-Corruption Commission (MACC) has detained four more individuals suspected of accepting bribes in return for assisting in processing and approving personal loan applications submitted by a financial consultancy firm.

MACC arrests four more suspects over loan bribery scandal

Phase 3 of the e-invoicing initiative has received over 4,900 early voluntary participants, according to the Inland Revenue Board (IRB).

In a statement on Saturday, the IRB noted that the e-invoicing implementation had now entered the second phase and shown a promising increase in participation.

Over 4,900 early voluntary participants in Phase 3 of e-invoicing, says IRB

JF Technology Bhd (KL:JFTECH) co-founder and managing director Datuk Foong Wei Kuong, who became the second-largest shareholder of Cosmos Technology International Bhd (KL:COSMOS) on Wednesday, said he intends to tap into the growing opportunities within Malaysia's water infrastructure sector.

JF Tech boss sees water infrastructure potential in Cosmos as he becomes second-largest shareholder

Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023.

Lufthansa finalises deal for 41% stake in Italy’s ITA Airways

Malaysia's economy is projected to grow at a moderate pace of 4.5% to 5.0% in 2025, benefiting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd or HLB (KL:HLBANK) said.

HLB forecasts M'sian economic growth at moderate pace of 4.5% to 5% in 2025

A four-day road ban on goods vehicles will be enforced in conjunction with the Chinese New Year celebration to alleviate traffic congestion and minimise the risk of accidents.

MOT to enforce road ban on goods vehicles during Chinese New Year

Discussions are underway between the Malaysian Communications and Multimedia Commission (MCMC) and Microsoft, the owner of LinkedIn, regarding the licensing of the social media platform, said Communications Minister Fahmi Fadzil.

MCMC discussing LinkedIn licensing with platform owner Microsoft, says Fahmi

Long queues were spotted at Sports Toto Bhd's (KL:SPTOTO) outlets across Malaysia on Saturday, as eager punters lined up for a chance to strike it rich with the record-breaking RM100 million Supreme 6/58 jackpot.

Nationwide frenzy: Long queues at Sports Toto outlets as punters hope to win RM100m jackpot

JF Technology Bhd (KL:JFTECH) co-founder and managing director Datuk Foong Wei Kuong, who became the second-largest shareholder of Cosmos Technology International Bhd (KL:COSMOS) on Wednesday, said he intends to tap into the growing opportunities within Malaysia's water infrastructure sector.

Malaysia's economy is projected to grow at a moderate pace of 4.5% to 5.0% in 2025, benefiting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd or HLB (KL:HLBANK) said.

The Malaysian Anti-Corruption Commission (MACC) has detained four more individuals suspected of accepting bribes in return for assisting in processing and approving personal loan applications submitted by a financial consultancy firm.

The Ministry of Transport (MOT) will hold talks with the Road Transport Department (JPJ) to enable the mobile application for the selling and buying of used motorcycles to be integrated with the mySIKAP system for simpler, faster and safer transactions.

A four-day&nbsp;road ban on goods vehicles will be enforced in conjunction with&nbsp;the Chinese New Year celebration to alleviate traffic congestion and minimise&nbsp;the risk of accidents.

Discussions are underway between the Malaysian Communications and Multimedia Commission (MCMC) and Microsoft, the owner of LinkedIn, regarding the licensing of the social media platform, said Communications Minister Fahmi Fadzil.

Phase 3 of the e-invoicing initiative has received over 4,900 early voluntary participants, according to the Inland Revenue Board (IRB).

In a statement on Saturday, the IRB&nbsp;noted that the e-invoicing implementation had now entered the second phase and shown a promising increase in participation.

South Korea’s impeached President Yoon Suk Yeol appeared in court on Saturday to argue against a request for his detention to be extended after his arrest earlier this week.&nbsp;

Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023.&nbsp;

Social enterprises have a vital role to play in addressing societal challenges and giving back to the community. Focusing on sustainable solutions and ensuring social welfare, these organisations’ earnest efforts greatly benefit communities and the environment. City &amp; Country speaks ...

AG's Report 2024

‌
‌

AG's Report 2024

‌‌

‌
‌