Fast, factual wire coverage from across Malaysia and the region.
Wei Jie writes on macroeconomics, tech, and Southeast Asian markets. Previously based in Singapore.
KPMG Australia has appointed John Sams as its new chief executive, replacing interim leader Stan Stavros in the wake of a damaging leadership scandal involving allegations of improper information access.
Fertiliser supplier Cropmate has announced the unfreezing of its bank accounts following a financial dispute, while confirming that no personnel have been arrested or face legal charges.
Twelve American states have filed legal action to prevent Paramount from acquiring Warner Bros., arguing the deal would harm competition in the entertainment industry.
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Apple has filed a major lawsuit against OpenAI, alleging the AI company misappropriated confidential technology and trade secrets. The legal action marks a sharp reversal in the companies' relationship and underscores intensifying competition in the artificial intelligence sector.
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The Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission, a unit owned 86.8% by Rohas Tecnic Bhd, finding no violations of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.
Singapore's High Court has rejected Standard Chartered's appeal, clearing the way for a US$2.7 billion lawsuit linked to the 1MDB scandal to proceed to trial. The case alleges the bank failed in its anti-money laundering obligations.
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Prime Minister Datuk Seri Anwar Ibrahim has committed government resources to advance Malaysia's emerging drone industry through comprehensive regulation, research initiatives, and closer ties between policymakers and manufacturers.
The 37.8-kilometre LRT3 Shah Alam Line is ready for passenger service after completion. Prime Minister Datuk Seri Anwar Ibrahim will officially launch the 20-station route on Sunday, June 28, with an expected commercial opening date announcement.
Prime Minister Datuk Seri Anwar Ibrahim has urged Malaysia to accelerate development of drone and UAV technologies, citing the sector's potential to drive economic growth and innovation as the global market approaches USD55 billion by 2030.
Ride-hailing operator Maxim is intensifying its commitment to breaking down transportation barriers for persons with disabilities, seniors, and low-income families through affordable fares, technological innovation, and strategic community partnerships.
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings from July 1, 2026, providing relief to property owners, businesses, and management bodies facing increased operational costs.
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Prime Minister Datuk Seri Anwar Ibrahim has announced plans for new affordable housing initiatives targeting civil servants nationwide, aiming to ease the financial burden on public sector employees facing rising living costs.
The 12-nation CPTPP trade bloc has endorsed the US-Iran agreement and emphasised the critical importance of keeping the Strait of Hormuz open for international commerce, citing vulnerabilities in global energy supplies and regional resilience efforts.
Bank Negara Malaysia has unveiled the Semak Kasih portal, a digital platform designed to assist beneficiaries in identifying unclaimed insurance policies and takaful certificates. The initiative addresses approximately 50,000 unclaimed death benefit claims across Malaysia.
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Malaysia's government will hold a Cabinet Committee meeting next week to address foreign worker issues across sectors including food and beverage, chaired by Deputy Prime Minister Ahmad Zahid Hamidi.
Pengurusan Aset Air Berhad marks its 20th anniversary with RM46.88 billion in total financing and infrastructure investment. The agency has funded water industry restructuring across 10 states while addressing Malaysia's persistent 40 per cent non-revenue water loss.
Ajinomoto (Malaysia) Berhad is accelerating its Middle East presence through partnerships with influential Saudi Arabian chefs, leveraging their culinary expertise to promote halal food products and umami flavour innovation.
Petronas is leveraging its established footprint in Turkmenistan to deepen Malaysia-Turkmenistan energy cooperation, building on momentum from PM Anwar Ibrahim's recent diplomatic visit to the Central Asian nation.
A new global study reveals that over half of consumers are prepared to pay significantly more for brands that openly explain how they deploy artificial intelligence with personal data, signalling a fundamental shift in purchasing behaviour.
Malaysia's labour market demonstrated continued stability in the first half of 2026, with job losses declining 20 per cent month-on-month and employment placements surging, according to Economy Minister Akmal Nasrullah.
Malaysia is developing new legislation to regulate e-commerce platforms, tackle counterfeits, and create fairer competition for local micro and small businesses against foreign cross-border sellers.
Petronas has assured Malaysia that fuel supplies across its nationwide network will remain stable and adequate through August, representing half the country's domestic requirements. The government has established a crisis management task force to monitor energy security.
The Malaysian Press Institute has raised RM1.037 million in contributions and sponsorships for Malaysia Press Night 2026, scheduled for next month with Prime Minister Datuk Seri Anwar Ibrahim confirmed as attendee.
Malaysia and Uzbekistan are intensifying agricultural collaboration by leveraging complementary expertise in smart farming, aquaculture, and sustainable technologies. The partnership aims to triple bilateral agri-food trade over the next decade.
The Malaysian Association of Employment Agencies has rolled out an insurance programme providing domestic workers and employers with expanded coverage including abscondment compensation and medical protection previously unavailable.
Malaysia and Indonesia are moving to deepen strategic cooperation in the halal sector through establishment of bilateral and multilateral councils aimed at harmonising standards and boosting trade competitiveness.
Economy Minister Akmal Nasrullah says more than RM4 billion remains available under Bank Negara Malaysia's RM5 billion SME Stabilisation Relief Facility to help micro, small and medium enterprises manage cash flow amid economic challenges.
Tourism Malaysia and KL Hop-On Hop-Off have unveiled a domestic tourism campaign featuring specially wrapped buses promoting attractions across 15 states ahead of Visit Malaysia 2026, capitalizing on strong 2025 growth.
Malaysia is actively courting Russian investors to bolster its Islamic finance sector, with plans for Central Asian expansion and export of shariah advisory services under a new capital markets strategy.
Malaysia's Ministry of Entrepreneur and Cooperatives Development has introduced a strategic plan targeting 2030 to help local MSMEs compete more effectively in the digital economy, addressing cost disadvantages against foreign operators.
Malaysia has begun exporting MD2 pineapples to New Zealand, anticipated to generate RM4.3 million annually. The shipment marks expansion into the Pacific region and strengthens agricultural trade ties.
Finance Minister II Datuk Seri Amir Hamzah Azizan indicated the government will evaluate proposed changes to the BUDI Diesel programme using real usage data rather than assumptions, drawing on lessons from earlier targeted subsidy schemes.
Malaysia has surged eight places to rank 15th globally in the IMD World Competitiveness Index 2026, with Prime Minister Anwar Ibrahim attributing the breakthrough to the nation's civil service excellence and systemic improvements.
Malaysia's Deputy Prime Minister has extended an invitation to German small and medium enterprises to expand operations in the country, particularly in sustainable technology and skills development sectors.
Housing Minister Nga Kor Ming emphasises that sustained policy continuity under the MADANI framework is crucial for Malaysia's economic transformation, investor confidence, and competitive positioning in the region.
Prime Minister Anwar Ibrahim's recent diplomatic missions to Russia and Turkmenistan have secured substantial breakthroughs in oil and gas cooperation, signalling Malaysia's pivot toward diversified energy sourcing and strengthened geopolitical partnerships.
Malaysia's Competition Commission has completed extensive investigations into the housing sector and found no evidence of anti-competitive behaviour affecting property prices or residential packages, Deputy Minister Fuziah Salleh told Parliament.
Japan's Ajinomoto Co Inc, which owns 50.38% of Ajinomoto (Malaysia) Bhd, is moving to take the monosodium glutamate producer private through a RM603.4 million selective capital reduction, valuing shares at RM20 each.
Ajinomoto Co Inc is acquiring full control of its Malaysian subsidiary Ajinomoto Malaysia for RM603.4 million through privatisation and delisting from Bursa Securities, offering minority shareholders a 31.58% premium.
Trade Minister Datuk Armizan Mohd Ali has clarified that MADANI Mart is a private retail brand operated by licensed business entities under Yayasan MADANI foundation, not a direct government initiative, though it remains subject to ministry enforcement.
Human Resources Minister Datuk Seri R. Ramanan says only six per cent of Malaysia's workforce holds union membership, citing inadequate worker awareness of union benefits and role in economic development.
The 2026 HPM Carnival in Melaka generated RM8.45 million in business value and direct sales, attracting 70,000 visitors over three days and facilitating financial connections for micro and small enterprises.
Malaysia's parliament received two competition amendment bills that would significantly expand the Malaysia Competition Commission's investigative authority and extend regulatory oversight to all economic sectors, marking a substantial overhaul of the competition framework.
Malaysia's Human Resources Ministry will offer technical and vocational training to workers displaced by supply chain disruptions, with job-matching support through PERKESO's MYFutureJobs platform.
The Usahawan MADANI Mega 2026 seminar drew nearly 7,000 participants across Malaysia, setting a national record for student engagement in entrepreneurship education and reinforcing the government's commitment to building a thriving entrepreneurial ecosystem.
QEW has denied fraudulent conduct in a RM20.45m investment dispute involving 111 investors, contending that all participants were fully informed of the associated risks before committing their funds.
The United States is finalising its investigation into Malaysia's labour practices, with officials signalling a potential 10 per cent tariff on Malaysian goods if allegations of forced labour are substantiated following July 24.
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Malaysia is creating a mechanism to prohibit imports of goods produced using forced labour, responding to US pressure. An inter-agency task force has been established to develop the framework ahead of potential American tariffs.
Malaysia's government will introduce the BUDI MADANI Diesel programme from July, priced at RM2.10 per litre, expecting to save up to RM2 billion annually by eliminating fuel subsidy leakages through cross-border smuggling and misuse.
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Malaysia's Higher Education Ministry is reshaping its research strategy to prioritise real-world applications over academic publications, aiming to translate university innovations into commercial products and strengthen ties with industry.
Bangladesh Prime Minister Tarique Rahman has appealed to Malaysian investors to explore fresh opportunities in his nation, emphasising the country's strengthened business framework and economic potential for regional partnerships.
Selangor will begin offering assessment tax reductions for homeowners who install solar systems, energy-efficient appliances and adopt electric vehicles, as part of its Resilience Strengthening Package Phase 2.
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Selangor has finalised all land arrangements for Port Klang's third terminal on Pulau Carey involving over 1,700 hectares, but the project remains stalled awaiting federal approval on port ownership and regulatory jurisdiction.
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Malaysia's upcoming diesel price reduction to RM2.10 per litre demonstrates the effectiveness of the MADANI Government's targeted subsidy reforms, according to Sabah and Sarawak Minister Datuk Mustapha Sakmud.
Prime Minister Anwar Ibrahim has disclosed that the federal government allocated RM16 billion to Johor over three years, exceeding the state's RM14 billion contribution to federal coffers.
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Malaysia's human resources ministry commits to strengthening governance of Bangladeshi worker recruitment through a new joint working group with Bangladesh, focusing on transparency and ethical standards.
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Bangladesh has signalled its ambition to deepen regional integration by pursuing ASEAN Sectoral Dialogue Partner status and RCEP membership. Prime Minister Tarique Rahman praised Malaysia's support during talks in Putrajaya.
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Malaysia and Bangladesh have agreed to expand economic cooperation beyond agriculture into artificial intelligence, semiconductors, energy and advanced manufacturing, with PM Anwar emphasizing technology and research collaboration.
Parliament's opening session today will scrutinize the economic fallout from Strait of Hormuz disruptions on local industries and inflation, while debating AI governance and haj management reforms for 2027.
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Sarawak officials warn that the stalled Tambirat Waterfront project will likely face court proceedings, threatening Phase Two completion and postponing associated sporting events and infrastructure rollout.
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Prime Minister Anwar Ibrahim's recent visits to Russia and Turkmenistan have yielded strategic energy partnerships that enhance Malaysia's fuel supply security and diversification amid evolving global energy markets.
Entrepreneur Development Minister Datuk Steven Sim announced that TEKUN Nasional will pilot rapid 24-hour approval for financing below RM20,000, launching within two to three months to help MSMEs obtain working capital swiftly.
Penang Chinese Town Hall recorded RM12.61mil in revenue for 2025, maintaining financial stability while planning a major China-Asean AI cooperation forum for November.
Prime Minister Anwar Ibrahim reported encouraging developments in ongoing negotiations between Malaysia's Petronas and Sarawak's state-owned Petros, signalling potential breakthrough in complex resource-sharing discussions.
Malaysia will reduce subsidised diesel to RM2.10 per litre from July 2026, using MyKad verification to limit benefits to citizens. The measure aims to standardise pricing across Peninsular Malaysia, Sabah, Sarawak, and Labuan.
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Rim assemblyman Datuk Khaidirah Abu Zahar is driving rural development through community tourism events and support for local entrepreneurs in batik, food products, and agricultural sectors.
Prime Minister Anwar Ibrahim has announced that subsidised diesel prices will fall to RM2.10 per litre starting July 2026, implemented through a targeted subsidy scheme verified via MyKad similar to the BUDI95 programme.
Malaysia's housing ministry will comprehensively review its Certificate of Completion and Compliance framework to reduce bureaucracy and enhance efficiency in urban development approvals, with plans to digitalise processes and incorporate professional expertise.
Malaysia's inflation remains stable for now, yet economists caution that the country faces underlying vulnerabilities to global commodity price movements and ringgit volatility.
Prime Minister Anwar Ibrahim's four-day diplomatic tour of Central Asia and Russia demonstrates Malaysia's strategy to broaden economic partnerships beyond traditional markets, securing resilience amid intensifying global competition and fragmentation.
Malaysia's government has committed RM9.8 billion through six major institutions to expand microfinancing access for hawkers and small entrepreneurs, with an initiative bringing lending services directly to grassroots traders.
A prestigious awards ceremony in Kuala Lumpur honoured over 70 property developers and brands across ASEAN, recognising excellence in sustainable urban development and business innovation.
Petronas' expanding presence in Turkmenistan positions Malaysia as a significant player in global energy markets, with access to some of the world's largest gas reserves.
Russia has committed to supplying Malaysia with oil and gas for the next 20 years, according to Prime Minister Anwar Ibrahim. The pledge comes as Malaysia pursues deeper trade ties with major Asian economies including China, Japan and South Korea.
Malaysia faces a mounting property overhang with 14,201 completed residential units worth RM2.77 billion unsold as of Q1. The crisis points to a fundamental mismatch between construction-driven supply and household affordability.
Malaysia's Transport Minister Anthony Loke has defended the use of diesel trains on the Southern Shuttle service as a temporary measure, emphasizing that new Electric Multiple Unit trains will arrive within two to three years.
Johor's participation in the Human Resources Development Corporation ecosystem reached 13,425 registered employers last year, with nearly 480,000 workers benefiting from training programmes funded through RM208 million in levy collections.
Malaysia's MAHA 2026 agricultural show will welcome international exhibitors from Brazil, China, the United States, Japan, South Korea, Hungary and Guangxi region, marking a significant expansion that reflects growing regional cooperation on food security challenges.
Prime Minister Datuk Seri Anwar Ibrahim has outlined a transformative economic vision for Malaysia centred on technological advancement, semiconductor manufacturing, and artificial intelligence capabilities.
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Telekom Malaysia has committed RM500,000 as the new strategic partner of Tabung Kasih@HAWANA, a welfare fund for media practitioners. Communications Minister Fahmi Fadzil called on other companies to support local media as the industry faces declining advertising revenue.
Prime Minister Anwar Ibrahim has praised Petronas's acquisition of two major gas fields in Turkmenistan, describing the development as a crucial achievement for strengthening Malaysia's energy security and advancing the nation's strategic interests.
Malaysia's media industry has welcomed Prime Minister Anwar Ibrahim's announcement of an additional RM1 million for the Tabung Kasih@HAWANA welfare fund and the continuation of the Media Innovation Fund, with industry leaders hailing the support as crucial for competitiveness.
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Malaysia and Thailand are engaged in intensive negotiations regarding the temporary suspension of shrimp imports, with both countries working to reach a mutually acceptable resolution that protects their respective economic and biosecurity interests.
Prime Minister Anwar Ibrahim has announced a RM1 million allocation to Tabung Kasih@Hawana 2026, underscoring the government's commitment to supporting journalists and modernising Malaysia's media industry amid digital disruption.
Prime Minister Anwar Ibrahim has announced strategic energy partnerships with Russia and Turkmenistan that will guarantee Malaysia's oil and gas supplies for at least two decades, addressing long-term energy security concerns.
Penang is strengthening cooperation with Hungary across education, technology and environmental initiatives, with discussions on research, renewable energy and talent exchange programmes.
Prime Minister Anwar Ibrahim has characterised Petronas's acquisition of a stake in one of the world's largest gas fields in Turkmenistan as validation of Malaysia's economic strength and political stability on the global stage.
Prime Minister Datuk Seri Anwar Ibrahim has highlighted how Malaysia's policy of diplomatic neutrality and engagement with global powers is strengthening investor confidence and fuelling economic expansion in the region.
Malaysia's tax authority has recorded significant compliance gains from its e-invoicing system, with over 52,000 taxpayers voluntarily declaring RM4.07 billion in income since the scheme's August 2024 rollout.
Malaysia and Turkmenistan have agreed to broaden cooperation across energy, trade, investment, transport, education and technology following Prime Minister Datuk Seri Anwar Ibrahim's official visit to the Central Asian nation.
A collective of 111 investors has initiated legal proceedings against QEW Group Bhd and its directors, seeking recovery of RM20.45 million invested through a Shariah-compliant investment scheme that appears to have underperformed or failed.
Transport Minister Anthony Loke says Port Klang 3 project remains on schedule and could begin construction within the year once Selangor government resolves outstanding land-related issues affecting the development.
Malaysia's competition watchdog and statistics agency have formalized a partnership to share data and expertise, aiming to strengthen oversight of fair competition and market dynamics across the economy.
The Ministry of Domestic Trade and Cost of Living conducted raids in Johor Bahru on June 15, seizing RM600,000 in counterfeit branded goods from three premises and detaining four individuals suspected of distributing fake items.
Communications Minister Datuk Fahmi Fadzil has briefed Sultan Nazrin Shah on government initiatives to enhance communication infrastructure development and broaden service accessibility throughout Perak, with online safety also discussed.
A potential peace agreement between the US and Iran could help stabilise global oil prices and ease shipping pressures in the Strait of Hormuz, though full market recovery will require several months as accumulated logistics costs unwind.
Twenty participants in Penang have received motorcycles and entrepreneurial training under the iTEKAD CIMB Islamic-MAINPP Entrepreneur programme, a collaborative initiative aimed at empowering low-income earners through sustainable income opportunities.
Prime Minister Anwar Ibrahim witnessed the signing of a strategic partnership between Petronas and Turkmenistan authorities, cementing three decades of energy cooperation and opening fresh avenues for exploration of the country's vast natural gas reserves.
A collective of 111 investors has initiated High Court proceedings against QEW Group and two company directors, seeking the return of RM20.5 million in capital tied up in what appears to be a failed investment venture, raising fresh concerns about scheme governance and investor protection in Malaysia.
Kuala Lumpur City Hall has committed RM200 million to transform 287 hawker sites across the city, directly affecting over 11,000 traders. The Lestari Niaga @ Kuala Lumpur 2026 initiative aims to provide safer, more organised trading environments while offering financial assistance during construction periods.
MSCI has intensified scrutiny of Indonesia's stock market governance, citing poor visibility into shareholdings and suspicious trading patterns. The decision next week on downgrading the market from emerging to frontier status could trigger massive capital outflows.
The Kelantan Malay Malaysian Chamber of Commerce has flagged a growing problem of foreign entrepreneurs using marriages to local women and business partnerships to operate companies while evading licensing and tax obligations.
Prime Minister Anwar Ibrahim is concluding his official visit to Turkmenistan with a series of senior-level discussions focused on expanding commercial and investment collaboration between Malaysia and the energy-rich Central Asian republic.
The Port Klang Free Zone has recorded RM108 million in revenue while achieving 86% reactivation of operations, signalling robust recovery momentum over the past 18 months under Transport Minister Loke Siew Fook's watch.
Japan's refreshed Indo-Pacific strategy, backed by US$10 billion in funding, creates opportunities for Malaysia to deepen its role as a regional technology hub through Japanese investment in semiconductors, AI and advanced infrastructure.
Prime Minister Anwar Ibrahim has signalled Malaysia's intention to actively pursue bilateral trade settlements using local currencies, citing China's successful payment arrangements as a model.
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Selangor State Government is resolving land issues for the Port Klang Third Terminal on Carey Island, a strategic project to boost Malaysia's port and logistics capabilities. Construction could begin this year under a Build-Operate-Transfer model.
The Malaysian Anti-Corruption Commission has uncovered a RM9 million fraud scheme in which company owners, agents, and accountants illegally exploited personal data to make false claims under a government wage incentive programme.
Malaysia's carbon tax plan remains under refinement by the government, focusing on industry readiness and appropriate timing. Minister Arthur Joseph Kurup emphasized the measure aims to incentivize green technology rather than penalize businesses.
Malaysia's Transport Ministry has launched Shuttle Selatan, a new rail service connecting Kulai, JB Sentral and Pasir Gudang. The service aims to serve over two million residents with discounted commuter cards and plans for future expansion.
Kedah's domestic trade ministry has confiscated over 53 tonnes of wheat flour from an animal feed processing plant in Kuala Ketil, alleging unauthorised storage of the subsidised commodity without proper permits from authorities.
Prime Minister Anwar Ibrahim announced that government-linked investment companies have increased their funding commitments to Bumiputera enterprises to RM2 billion for 2026, a substantial rise from the previous year's RM1.3 billion allocation.
PERHEBAT and INSKEN have launched a pilot master class programme targeting 180 military veterans and small traders, aiming to transform them into millionaires through intensive business coaching and strategic mentorship.
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Prime Minister Anwar Ibrahim is travelling to Russia to meet Vladimir Putin and secure Malaysia's long-term oil and diesel supplies. The visit aims to safeguard the nation's energy security amid regional disruptions.
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Prime Minister Datuk Seri Anwar Ibrahim has stressed that Malaysia's economic progress and modernisation should be accessible to all Malaysians, particularly rural communities and low-income groups.