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MACC to use new provision to prosecute companies, not just individuals

KUALA LUMPUR (Bernama): The Malaysian Anti-Corruption Commission (MACC) will enforce a new provision in the MACC Act 2009 effective from June 2020 to enable the prosecution of commercial organisations involved in corruption.

Short Position

Business news in brief.

Anti-bribery system to manage risks

From KM LOI of Subang Jaya.

Uber takes self-driving cars to Arizona after California demands permit

Uber Technologies Inc removed its self-driving test cars from California and put them on trucks bound for Arizona, shuttering the autonomous vehicle project in its home state after a week-long battle with regulators.

Uber removes its self-driving cars from San Francisco roads

SAN FRANCISCO: Uber Technologies Inc [UBER.UL] has removed its self-driving cars from San Francisco streets after California regulators cracked down on the week-old program because the company had not obtained a permit to test the vehicles.

Uber launches self-driving car fleet in San Francisco despite warning from regulator

Uber Technologies Inc rolled out its self-driving car fleet in its hometown of San Francisco on Dec 14, but faced a backlash from state regulators who say the company needs a permit to keep the vehicles on the road.

Setting up special funds for children with special needs

WHEN the Thums, personal friends of the author, discovered that their first-born Ying Cheng was autistic nearly 10 years ago, their lives took a big turn.