JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Friday. The settlement …
JPMorgan’s $330M payout to Malaysia explained: inside the 1MDB settlement
JPMorgan Chase has agreed to pay $330 million (about RM1.4 billion) to Malaysia, a deal that closes out the bank’s long-running dispute over its role in the 1MDB scandal. The announcement came on …
JPMorgan pays $330M to settle Malaysian 1MDB fund scandal claims
Malaysian officials accused the bank of processing $800 million in suspicious transfers from the 1MDB state fund to a bogus business partnership.
Malaysia inflation up 1.2% in July
Malaysia’s inflation increased by 1.2 per cent to 134.7 in July 2025 from 133.1 in the same month last year, according to the Department of Statistics Malaysia (DOSM).
JPMorgan to Pay $330 Million Over 1MDB Transactions
The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.
Malaysia vehicle market falls 5% in July
Malaysia’s new vehicle market shrank by almost 5% to 70,057 units in July 2025, down from 73,501 units a year earlier, according to registration data released by the Malaysian Automotive Association …
ASEAN Islamic finance industry to cross $1t in 2026
Assets are concentrated in Malaysia, Indonesia, and Brunei with limited presence in other markets. ASEAN’s Islamic finance industry is expected to cross US$1t by end-2026, after reaching nearly $950b …
Why Malaysia’s industrial property sector remains resilient amidst supply chain shifts
The country proves to be an attractive destination for exporters and manufacturers. Malaysia’s logistics and industrial property sector had a steady momentum amid shifting regional supply chain …
Proton launches e.MAS 7 EV in Nepal, strengthens partnership with Jagdamba Motors
PROTON Malaysia and Jagdamba Motors have deepened their partnership with the launch of the Proton e.MAS 7, Malaysia’s first locally developed electric vehicle, unveiled in Kathmandu by PROTON CEO Dr.
Maximizing Malaysia’s Tax and Investment Incentives: What Foreign Investors Should Know
Discover how foreign investors can unlock Malaysia’s PS, ITA, RA, MD, and DESAC incentives to cut effective tax rates.