Malaysia's news, around the clock.
Lim covers business for the publication.
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Prime Minister Datuk Seri Anwar Ibrahim has committed to supporting Malaysia's drone sector through enhanced regulatory frameworks, research initiatives and closer partnerships between government and industry players.
The completed LRT3 Shah Alam Line, stretching 37.8 kilometres across 20 stations from Bandar Utama to Johan Setia, will be officially launched by Prime Minister Datuk Seri Anwar Ibrahim on Sunday, June 28, with the commercial opening date to be announced at the ceremony.
Prime Minister Datuk Seri Anwar Ibrahim has urged Malaysia to fast-track adoption of unmanned aerial vehicle technologies, highlighting the drone sector's potential to drive innovation and economic competitiveness as the global UAV market approaches USD55 billion by 2030.
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A court has heard testimony concerning an alleged information leak that could undermine sensitive commercial negotiations between Malaysian petroleum giants Petronas and Petros. A witness expressed shock at the incident.
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Prime Minister Anwar Ibrahim has unveiled plans for nationwide affordable housing initiatives aimed at civil servants, signalling the government's commitment to addressing the country's housing affordability challenges.
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings starting July 1, 2026, a move welcomed by the property management industry as relief from rising operational costs.
The 12-member CPTPP trade bloc has endorsed the recent US-Iran agreement and called for unrestricted passage through the Strait of Hormuz, citing critical concerns over energy security and global supply chain stability.
Bank Negara Malaysia has unveiled the Semak Kasih portal to assist beneficiaries in locating unclaimed insurance and takaful benefits. Around 50,000 policies remain unclaimed, representing significant financial protection overlooked by Malaysian families.
Malaysia's Cabinet will hold a committee meeting next week chaired by Deputy Prime Minister Ahmad Zahid Hamidi to address pressing foreign worker issues affecting multiple industries, particularly the food and beverage sector.
Malaysia is actively courting Russian investors by developing its Islamic finance ecosystem and exporting shariah expertise. The Securities Commission plans regional visits and has held bilateral meetings with Russian central banking authorities.
Pengurusan Aset Air Berhad (PAAB) celebrates 20 years of steering Malaysia's water sector transformation, having channelled RM46.88 billion into infrastructure. Yet Deputy PM warns that tackling non-revenue water losses requires immediate action beyond 2050 timelines.
A global survey reveals 52% of consumers will pay a 7% premium for brands transparent about AI data handling. Germany leads with 73% willing to pay, while nearly half have reduced spending due to data concerns.
Ajinomoto Malaysia is leveraging partnerships with two influential Saudi Arabian chefs to accelerate its Middle East expansion, capitalizing on surging demand for premium halal food solutions and introducing umami innovation to regional markets.
Petronas is leveraging its established operations in Turkmenistan to deepen Malaysia's bilateral relations with the Central Asian nation, capitalizing on PM Anwar Ibrahim's recent diplomatic visit to expand energy and economic cooperation.
Malaysia's labour market has demonstrated continued stability through the first half of 2026, with job losses declining 20 per cent in June and unemployment remaining well below the full employment threshold, according to Economy Minister Akmal Nasrullah.
Malaysia is developing comprehensive legislation to regulate e-commerce platforms and foreign sellers, aiming to create fairer competition for local micro and small businesses while tackling counterfeits.
Petronas has confirmed fuel supplies across its nationwide network will remain stable and sufficient until August, accounting for roughly half of Malaysia's domestic fuel requirements. The government has established a crisis management task force to address energy security concerns.
The Malaysian Press Institute has raised RM1.037 million through corporate contributions and PETRONAS sponsorship for next month's Malaysia Press Night 2026, underscoring industry commitment to quality journalism.
Malaysia and Uzbekistan are strengthening their agricultural partnership by combining Malaysian expertise in smart farming and aquaculture with Uzbekistan's irrigation technologies and horticulture capabilities, aiming to double bilateral agri-food trade within five to ten years.
The Malaysian Association of Employment Agencies has unveiled an insurance programme addressing long-standing vulnerabilities in domestic worker employment, offering employers compensation for worker abscondment and extending medical coverage to workers previously excluded from protection.
Malaysia and Indonesia are moving to strengthen cooperation in the halal industry through establishing the Malaysia-Indonesia Halal Council, alongside regional and global frameworks to harmonise standards and boost trade.
More than RM4 billion out of RM5 billion allocated under Bank Negara Malaysia's SME Stabilisation Relief Facility remains accessible to micro, small and medium enterprises seeking to stabilise operations amid global supply disruptions.
Prime Minister Anwar Ibrahim's recent diplomatic mission to Russia and Turkmenistan has yielded significant energy sector agreements, positioning Malaysia to expand its hydrocarbon partnerships beyond traditional suppliers.
Malaysia's Competition Commission has completed a comprehensive study of the housing sector and found no evidence of anti-competitive practices affecting property prices, Deputy Domestic Trade and Cost of Living Minister Datuk Dr Fuziah Salleh told Parliament.
Malaysia's entrepreneurship ministry has unveiled a comprehensive 2030 strategy to enhance the competitiveness of local MSMEs in digital markets, introducing platforms and partnerships to counter foreign sellers' cost advantages.
Malaysia has begun exporting MD2 pineapples to New Zealand, projected to generate RM4.3 million annually. The shipment marks entry into a new Pacific market and reflects government efforts to strengthen agricultural exports and narrow the country's food trade gap.
Malaysia's Finance Ministry is prepared to review the BUDI MADANI Diesel subsidy scheme based on real-world usage data, following early implementation feedback from users across the country.
Malaysia has climbed eight places to rank 15th globally in the IMD World Competitiveness Index 2026. Prime Minister Anwar Ibrahim attributes the improvement to the dedication and efficiency of the nation's civil service rather than individual leadership.
Malaysia is actively seeking increased investment from German small and medium enterprises in green technology and renewable energy sectors, with Deputy PM Fadillah noting the importance of bilateral cooperation in sustainable development and vocational training.
Housing and Local Government Minister Nga Kor Ming has stressed that maintaining policy continuity under the MADANI framework is essential for Malaysia to achieve lasting economic transformation and attract continued foreign investment.
Malaysia's diesel price reduction to RM2.10 per litre from July is forecast to lower transportation and logistics costs, potentially easing price pressures on consumer goods. Economists stress the need for sustained subsidy funding and effective implementation.
Universiti Utara Malaysia has won RM2.47 million in damages from a High Court ruling over the renovation and management of a shopping mall property. The court rejected a RM7.7 million counterclaim, affirming the university's contractual rights to assume control.
Malaysia will maintain its BUDI95 fuel subsidy quota at 200 litres monthly while monitoring Middle East geopolitical developments and their effect on international crude oil markets before reconsidering restoration to 300 litres.
Ajinomoto Co Inc, which owns 50.38% of Ajinomoto Malaysia, is moving to privatise and delist the monosodium glutamate producer for RM603.4 million. Minority shareholders will receive RM20 per share, representing a substantial premium to recent trading prices.
Ajinomoto Co, which already owns just over half of Ajinomoto Malaysia, is moving to acquire full ownership through a privatisation worth RM603.4 million. Minority shareholders will receive RM20 per share, representing a significant premium to recent trading prices.
Malaysia's Domestic Trade Minister has clarified that MADANI Mart operates as a private retail venture under Yayasan MADANI, not a direct government programme, though it remains subject to ministerial oversight and licensing requirements.
Malaysia's unionisation rate stands at just six per cent of the workforce, according to Human Resources Minister Datuk Seri R. Ramanan. He stressed the importance of unions as strategic partners in ensuring fair economic development and industrial harmony.
The HPM 2026 Carnival in Melaka concluded successfully with RM8.45 million in combined business matching and financing potential. The event attracted 70,000 visitors and recorded RM532,802.77 in direct product sales.
Malaysia's Parliament has begun reviewing two competition amendment bills that would significantly expand the Malaysia Competition Commission's investigative authority and broaden competition law coverage across all economic sectors.
The Usahawan MADANI Mega 2026 seminar attracted 6,877 students nationwide, earning Malaysia's record for largest student entrepreneurship seminar participation. The event underscores growing youth interest in starting businesses.
Investment company QEW has denied allegations of fraudulent conduct in relation to a RM20.45m scheme, maintaining that the 111 plaintiffs who initiated legal action were cognisant of associated investment risks from the outset.
Malaysia's Human Resources Ministry will provide upskilling and reskilling programmes through TVET to support workers displaced by global supply chain disruptions, with job matching assistance through PERKESO's MYFutureJobs platform.
The United States is completing its labour practices investigation into Malaysia, with a potential 10% tariff set to take effect after July 24 if violations are confirmed, threatening Malaysian exports.
Malaysia is creating a mechanism to block imports produced through forced labour, establishing an inter-agency task force to strengthen trade compliance. The move comes as the US investigates 60 countries for lax enforcement, with Malaysia facing potential 10% tariffs.
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Malaysia's government expects annual savings of RM2 billion through the BUDI MADANI Diesel programme, which caps subsidised diesel at RM2.10 per litre from July using MyKad verification to prevent cross-border smuggling and subsidy abuse.
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Malaysia's Ministry of Higher Education is reorienting research priorities toward commercial outcomes, moving away from academic publication metrics. Over three years, 200 university products have been commercialised and 286 technologies licensed to industry.
Bangladesh's Prime Minister Tarique Rahman has encouraged Malaysian investors to seize opportunities in the country's strengthening business environment, signalling renewed openness to foreign capital and cross-border economic partnership.
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Selangor will reduce assessment taxes for homeowners who install solar panels, energy-efficient appliances, and rainwater harvesting systems from July 1, as part of efforts to boost renewable energy adoption.
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Selangor has finalised all land matters for Port Klang's third terminal development on Pulau Carey since December, securing over 1,700 hectares of seabed and land. However, the project remains stalled awaiting federal approval and clarity on port ownership structures.
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Malaysia will reduce subsidised diesel prices to RM2.10 per litre from July, implementing a MyKad-verified targeted subsidy system designed to prevent leakages and smuggling while supporting vulnerable populations.
Prime Minister Anwar Ibrahim has disclosed that Johor received RM16 billion in federal government allocations over the past three years, surpassing the RM14 billion in revenue the state contributed to federal coffers.
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Malaysia's Human Resources Ministry pledges to enhance governance of Bangladeshi worker recruitment through a new bilateral framework, establishing a Joint Working Group to ensure ethical practices and worker protections.
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Bangladesh is pushing for deeper regional integration, seeking ASEAN Sectoral Dialogue Partner status and exploring membership in the RCEP trade bloc. The nation has signed cooperation agreements with Malaysia covering cultural ties and counter-terrorism.
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Prime Ministers Anwar Ibrahim and Tarique Rahman have committed to deepening Malaysia-Bangladesh cooperation across artificial intelligence, energy, and semiconductors, moving beyond traditional agricultural ties.
Parliament convenes today for a 16-day session addressing critical economic concerns including potential disruptions in the Strait of Hormuz, artificial intelligence governance, hajj management reforms, and food security amid Middle East tensions.
Malaysia's government is reducing the subsidised diesel price to RM2.10 per litre beginning in July, marking another step in its broader subsidy restructuring programme aimed at balancing fiscal sustainability with cost-of-living relief.
Prime Minister Anwar Ibrahim has signalled Malaysia's commitment to exploring the use of local currencies for international trade settlements, citing successful models with regional partners like China.
Port Klang Free Zone has generated RM108 million in revenue as its reactivation programme reaches 86% completion, demonstrating significant operational recovery over the past year and a half under Transport Ministry leadership.
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A stalled Sarawak waterfront development faces court proceedings, with authorities signalling legal action against parties responsible for Phase One delays, jeopardising subsequent phases and scheduled sporting events.
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TEKUN Nasional is piloting a 24-hour approval process for financing below RM20,000, aiming to launch within two to three months. The initiative supports MSMEs needing quick access to working capital.
Penang Chinese Town Hall reported RM12.61mil in annual revenue for 2025, with donations comprising 89% of income. The organisation unveiled upgraded facilities and plans a major regional AI cooperation forum.
Prime Minister Datuk Seri Anwar Ibrahim has indicated that discussions between national oil firm Petronas and Sarawak's Petros are advancing constructively, potentially paving the way for enhanced collaboration on energy projects.
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Rim state constituency is channelling community tourism and local industries to revitalise its rural economy. Initiatives include the Jamboree Mountain Bike Challenge and partnerships with educational institutions to promote regional attractions and boost entrepreneur livelihoods.
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Malaysia will reduce subsidised diesel to RM2.10 per litre from July 2026, extending the BUDI95 subsidy programme nationwide. MyKad verification will determine eligibility, bringing relief to transport-dependent workers and small businesses across the country.
Prime Minister Anwar Ibrahim has announced that Malaysia will reduce subsidised diesel prices to RM2.10 per litre beginning July 2026, implementing a targeted subsidy programme using MyKad verification similar to the BUDI95 RON95 scheme.
The Ministry of Housing and Local Government will establish a task force to reform Malaysia's Certificate of Completion and Compliance system, aiming to reduce bureaucratic delays, improve digital integration, and support sustainable urbanisation while maintaining public safety standards.
Malaysia's inflation outlook appears manageable over the coming months, though economists warn the nation remains structurally vulnerable to external commodity price swings and currency volatility that could rapidly shift price pressures.
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Prime Minister Anwar Ibrahim's strategic visits to Russia and Turkmenistan have yielded tangible energy security gains for Malaysia, with new supply arrangements and cooperation frameworks positioning the nation as a growing player in BRICS engagement.
Malaysia is channelling RM9.8 billion through six major financial institutions to expand microfinance availability for small traders and hawkers, part of a grassroots initiative to ensure inclusive economic growth.
Prime Minister Anwar Ibrahim's recent four-day tour of Tashkent, Kazan, and Ashgabat demonstrates Malaysia's deliberate effort to broaden economic partnerships beyond traditional allies, positioning the nation to navigate an increasingly multipolar and contested global order.
Prime Minister Datuk Seri Anwar Ibrahim says Petronas' expanded operations in Turkmenistan provide Malaysia access to substantial gas reserves and elevate the nation's influence in international energy markets.
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Selangor unveiled Phase Two of its Resilience Strengthening Package, committing RM209.26 million across 15 initiatives to address job losses and economic uncertainty. The state aims to protect vulnerable sectors including retail and manufacturing.
The Ministry of Entrepreneur Development and Cooperatives has allocated nearly RM100 million to finance more than 4,300 entrepreneurs in Melaka, reinforcing the state's MSME ecosystem as part of a broader national expansion strategy.
Bank Rakyat has tapped Islamic capital markets with a RM300 million sukuk issuance under its RM5 billion subordinated sukuk Murabahah facility, aiming to bolster financial strength ahead of projected growth.
Takaful IKHLAS, a subsidiary of MNRB Holdings, launched the Kasih Korban Programme in Seremban, distributing sacrificial meat and assistance worth RM59,500 to 106 asnaf recipients and vulnerable community members during Aidiladha.
More than 70 prestigious awards were presented at the ASEAN Property Developers Awards 2025/2026 and Top Quality Brand Awards 2025/2026 in Kuala Lumpur, celebrating industry leaders driving sustainable urban development across Southeast Asia.
Prime Minister Anwar Ibrahim has secured assurances from Russia on stable oil and gas deliveries over the next 20 years, while also pursuing export opportunities in China, Japan and South Korea through a Turkmenistan visit.
National Property Information Centre data shows 14,201 completed residential units valued at RM2.77 billion remain unsold, revealing a fundamental mismatch between developer supply strategies and household purchasing capacity across Malaysia.
Prime Minister Anwar Ibrahim has signalled Malaysia's transition toward a technology-centric economy, prioritising semiconductors, innovation, and artificial intelligence as engines for future growth.
Malaysia's Transport Minister Anthony Loke defended the use of diesel trains on the Southern Shuttle service as a temporary measure while waiting for new Electric Multiple Unit trains to arrive.
More than 13,400 employers across Johor participated in HRD Corp's training ecosystem last year, channelling benefits to nearly 480,000 workers. Levy collections totalled RM208.21 million.
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Malaysia's flagship agriculture exhibition MAHA 2026 will host international exhibitors from seven countries for the first time, creating fresh opportunities for local farmers and agribusinesses to access global markets and technologies.
Telekom Malaysia has become strategic partner of Tabung Kasih@HAWANA, pledging RM500,000 to assist media practitioners. Communications Minister Fahmi Fadzil urged other corporations to support local media amid declining advertising revenues.
Prime Minister Anwar Ibrahim's announcement of an additional RM1 million for the Tabung Kasih@HAWANA welfare fund and continuation of the Media Innovation Fund has drawn widespread industry support, with media leaders praising measures to strengthen both practitioner welfare and technological capabilities.
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Malaysia and Thailand are in intensive discussions over a temporary suspension on five shrimp species imports. Both nations are working to resolve the dispute while protecting national interests and biosecurity standards.
Prime Minister Datuk Seri Anwar Ibrahim has announced a RM1 million government allocation to Tabung Kasih@Hawana 2026, reaffirming the administration's commitment to supporting media industry development and journalist welfare initiatives across the nation.
Prime Minister Anwar Ibrahim announced strategic energy partnerships with Russia and Turkmenistan, securing Malaysia's oil and gas supplies for at least two decades and opening export opportunities to major Asian economies.
Penang is establishing a comprehensive partnership with Hungary covering education, technological innovation, water security and green initiatives. The collaboration includes 40 annual scholarships for Malaysian students and potential joint research and sports exchanges.
Prime Minister Anwar Ibrahim says Turkmenistan's decision to award Petronas a stake in a major gas field signals global confidence in Malaysia's political stability, social cohesion, and economic fundamentals amid regional competition.
Prime Minister Anwar Ibrahim underscores how Malaysia's neutral stance and willingness to engage with all major powers cultivates investor confidence and supports the country's economic expansion agenda.
Malaysia's e-Invoicing system has driven significant tax compliance improvements, with over 52,000 taxpayers voluntarily declaring RM4.07 billion in income since the August 2024 rollout.
Malaysia and Turkmenistan have pledged to strengthen cooperation in energy, trade, investment, transportation, education and technology, signalling a new phase in bilateral relations.
A group of 111 investors has filed legal action against QEW Group Bhd and its board members, seeking recovery of RM20.45 million invested through a Shariah-compliant scheme. The case highlights growing concerns around Islamic finance product transparency.
Malaysia's Competition Commission and Department of Statistics have signed a memorandum of understanding to strengthen data sharing, economic analysis and capacity building in support of fairer market competition.
Malaysia's trade ministry has dismantled a counterfeit goods operation in Johor Bahru, seizing merchandise valued at RM600,000 across three premises. The enforcement action follows a month-long investigation into distributors supplying fake branded items to supermarkets.
Communications Minister Datuk Fahmi Fadzil has briefed Sultan Nazrin Shah on government initiatives to enhance telecommunications infrastructure and expand service reach across Perak, with online safety also featuring prominently in discussions.
Malaysia's Finance Ministry signals cautious optimism over a US-Iran peace agreement, expecting it to improve global oil price stability over time. However, officials warn the recovery process will be gradual as logistics and insurance costs accumulated during the crisis persist.
Twenty selected participants in Penang received motorcycles and delivery equipment through the iTEKAD CIMB Islamic-MAINPP Entrepreneur programme, aimed at lifting the asnaf community out of poverty through structured income generation.
Prime Minister Anwar Ibrahim witnessed Petronas signing a strategic partnership with Turkmenistan authorities, cementing three decades of energy cooperation and opening new avenues for investment in the nation's vast natural gas reserves.
A group of 111 investors has taken legal action at the High Court against QEW Group and its directors, seeking recovery of RM20.5 million in investment capital that was not returned as promised.
Kuala Lumpur City Hall has committed RM200 million to upgrade 287 hawker sites across the city, supporting over 11,000 traders through the Lestari Niaga @ Kuala Lumpur 2026 programme.
MSCI has deepened its criticism of Indonesia's market transparency, citing poor visibility of shareholdings and coordinated trading patterns. The decision next week on downgrading Indonesia from emerging to frontier status could trigger up to $13 billion in investor outflows.
The Kelantan Malay Malaysian Chamber of Commerce has flagged growing concerns about foreign nationals operating businesses under Malaysian names through marriages or partnerships, citing unfair competition and regulatory violations.
Prime Minister Anwar Ibrahim's final day in Turkmenistan will feature strategic talks with the country's leadership aimed at expanding trade relations, boosting mutual investment, and strengthening bilateral partnerships in Central Asia.
AirAsia's new direct flight from Jakarta to Kota Bharu marks a significant step in expanding Malaysia's regional air connectivity. The service is poised to drive tourism growth in Kelantan and strengthen economic ties with Indonesia under the Visit Malaysia 2026 campaign.
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Prime Minister Anwar Ibrahim's visit to Turkmenistan signals Malaysia's commitment to expanding trade corridors, energy cooperation, and investment opportunities in Central Asia, opening new avenues for regional economic integration.
Transport Minister Anthony Loke has signalled that Port Klang 3 could break ground this year, provided ongoing land negotiations with Selangor state authorities reach a satisfactory conclusion.
The Port Klang Free Zone has generated RM108 million in revenue as reactivation efforts reach 86%, marking a period of steady growth for the troubled logistics hub under Transport Minister Loke Siew Fook's stewardship.
Malaysia is set to seriously pursue settling foreign trade using local currencies rather than US dollars, following the success of similar arrangements with China, according to Prime Minister Anwar Ibrahim.
Japan's refreshed Indo-Pacific strategy under Prime Minister Sanae Takaichi supports Malaysia's ambition to establish itself as Southeast Asia's leading digital and technology centre, creating fresh opportunities for bilateral cooperation in AI, semiconductors and critical infrastructure.
Selangor is resolving land ownership issues to advance the Port Klang Third Terminal project on Carey Island, a strategic infrastructure development aimed at strengthening Malaysia's maritime and logistics position in the region.
Malaysia's anti-corruption agency has uncovered a coordinated fraud scheme where company owners, agents, and accountants exploited worker personal data to illegally claim approximately RM9 million in government employment incentive payments.
Austrian electronics manufacturer AT&S is investing RM9.4 billion in a new facility in Kulim, marking a significant vote of confidence in Malaysia's semiconductor industry and regulatory environment under current governance.
Malaysia's carbon tax implementation remains in the refinement stage, with the government still determining the timeline while considering industry readiness and establishing the policy framework, Natural Resources Minister Datuk Seri Arthur Joseph Kurup said.
Malaysia's Transport Ministry launched the Shuttle Selatan rail service, linking Kulai, JB Sentral and Pasir Gudang. The initiative is expected to benefit more than two million people and forms part of broader efforts to enhance public transport connectivity in Johor.
Kedah's Ministry of Domestic Trade and Cost of Living has confiscated over 53 tonnes of wheat flour valued at RM100,251 from an animal feed processing facility, after the factory manager failed to produce required authorisation for storing the commodity.
Malaysia's government-linked investment companies are significantly expanding backing for Bumiputera enterprises, committing RM2 billion this year—a 54% jump from RM1.3 billion in 2025.
PERHEBAT and INSKEN have launched the PUVET ATM Master Class, an intensive entrepreneurship programme designed to transform 180 military veterans into successful business owners with millionaire potential through three months of certified coaching.
Prime Minister Anwar Ibrahim will meet Russian President Vladimir Putin to secure Malaysia's oil and diesel supplies, addressing regional energy concerns amid geopolitical tensions in West Asia.
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Prime Minister Datuk Seri Anwar Ibrahim has stressed that Malaysia's economic progress must benefit all citizens equitably, particularly those in rural areas, warning against development that excludes grassroots communities from modernisation gains.