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Nation

EC: Unless fishing for votes, govt activities not against election laws

PUTRAJAYA: With Pakatan Harapan having been accused of abusing its position in the run-up to the upcoming Semenyih by-election, the Election Commission (EC) has said that, in general, government activities are not against election laws.

Business

RAM Consultancy assigns silver rating to AmBank Group

KUALA LUMPUR: RAM Consultancy Services Sdn Bhd (RAMC), a provider of sustainability services and environment, social and governance (ESG) analytics, has assigned a Silver Sustainability Rating to AMMB Holdings Bhd (AmBank Group).

Business

China could use medical data to blackmail Americans, report says

HONG KONG: Chinese investment in the U.S. biotechnology industry presents a risk to national security, potentially giving China’s government access to patient data that could be used to blackmail Americans, according to a report for a Congressional advisory commission.

Business

Maxis announces RM1bil incremental capex over next three years

KUALA LUMPUR: Maxis Bhd, which posted a net profit of RM1.78bil in the financial year ended Dec 31, 2018 (FY18), has announced RM1bil over next three years for incremental capital expenditure (capex) to support its new strategy.

Motorsport

Sainz ready to step up as leader in Alonso's shoes

WOKING, England (Reuters) - Carlos Sainz intends to be McLaren's leader on the track this season and said he felt no pressure to be stepping into fellow Spaniard Fernando Alonso's shoes at the Formula One team.

Nation

Aiming to wrestle back seat, SUPP sets up service hotline in Pujut

MIRI: Sarawak United Peoples Party (SUPP) in Miri has set up a public service hotline in the "hot seat" of Pujut state constituency.

Motorsport

McLaren could turn to Alonso if they need a reserve

WOKING, England (Reuters) - McLaren indicated on Thursday that retired double Formula One world champion Fernando Alonso could stand in as a reserve driver for the team if needed this season.

TECH

Robot mail delivery trucks developed in Detroit ready for China, US

Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: revolutionise mail and package delivery.

Business

Quick take:Yinson gains 4% on news of RM2.36bil JX Nippon contract

KUALA LUMPUR: Shares in Yinson Holdings Bhd were boosted in early trade Friday after announcing a RM2.36bil contract from JX Nippon Oil & Gas Exploration (Malaysia) Ltd.

Corporate News

Ex-Goldman banker plans return to US to face criminal charges in connection with 1MDB

Roger Ng, a former Goldman Sachs Group Inc banker accused of playing a role in defrauding sovereign wealth fund 1Malaysia Development Berhad (1MDB), will return to the United States to face criminal charges against him, his lawyer said on Thursday.