Clear, modern coverage of Malaysian news and analysis.
Lim covers business for the publication.
KPMG Australia has appointed John Sams as chief executive, replacing interim leader Stan Stavros. The move follows the exit of former CEO Andrew Yates, who resigned after allegations emerged regarding unauthorised access to confidential client data.
Cropmate, a Malaysian fertiliser company, announced the release of its previously frozen bank accounts. The firm confirmed that none of its staff, including senior management, faced legal action.
A coalition of twelve American states has filed a lawsuit seeking to prevent Paramount from acquiring Warner Bros., arguing the blockbuster entertainment merger threatens competitive dynamics across film and television sectors.
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Apple has filed a substantial lawsuit against OpenAI, marking a dramatic reversal in their technology partnership. The case centres on allegations of intellectual property theft and competitive misconduct.
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Malaysia's anti-corruption authority has concluded its investigation into HG Power Transmission, a subsidiary of listed company Rohas Tecnic Bhd, finding no breaches of anti-money laundering legislation.
Rohas Matajaya has announced through a Bursa Malaysia filing that the Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission with no further action necessary, resolving a matter that had hung over the company.
Singapore's High Court has rejected Standard Chartered's bid to dismiss a US$2.7 billion lawsuit tied to the 1MDB scandal, allowing the case to proceed to trial on allegations of dishonest assistance and anti-money laundering breaches.
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Prime Minister Datuk Seri Anwar Ibrahim has announced comprehensive government support for Malaysia's emerging drone sector, including new regulatory frameworks, increased research investment, and collaborative industry partnerships.
Malaysia's newest rapid transit corridor, the 37.8-kilometre LRT3 Shah Alam Line, will be officially launched by Prime Minister Datuk Seri Anwar Ibrahim on June 28. The 20-station network promises to transform commuting across the Klang Valley.
Prime Minister Anwar Ibrahim has urged Malaysia to rapidly develop its drone and unmanned aerial vehicle sector, citing the industry's critical role in driving innovation and economic growth amid projections of a USD55 billion global market by 2030.
Ride-hailing firm Maxim is intensifying efforts to make transportation accessible for persons with disabilities, seniors, and low-income Malaysians through budget-friendly pricing, specialized services, and strategic partnerships with hospitals and NGOs.
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Prime Minister Anwar Ibrahim has unveiled plans for the government to construct affordable housing nationwide targeting civil servants, addressing mounting concerns over living costs and workforce retention in the public sector.
Malaysia will exempt Service Tax on service charges and sinking fund contributions for non-residential buildings starting July 2026, providing relief to property managers, owners, and building occupants across the sector.
The 12-member CPTPP trade bloc has endorsed recent US-Iran negotiations and called for sustained freedom of navigation through the Strait of Hormuz, citing concerns over global energy supply disruptions.
Bank Negara Malaysia has unveiled the 'Semak Kasih' portal to assist beneficiaries in tracking unclaimed insurance and takaful benefits. The initiative addresses an estimated 50,000 unclaimed death benefit policies, highlighting gaps in financial awareness among Malaysian families.
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Malaysia's Cabinet will convene a dedicated committee meeting next week to tackle foreign worker issues across multiple sectors, including food and beverage, with Deputy Prime Minister Ahmad Zahid Hamidi presiding.
Malaysia's water asset management company PAAB celebrated its 20th anniversary, highlighting RM46.88 billion invested in restructuring the nation's water services and addressing critical supply challenges facing growing economic sectors.
Ajinomoto Malaysia is deepening its Middle East strategy through collaborations with influential Saudi Arabian chefs Chef Fadi Mneimneh and Chef Rakan Aloraifi, leveraging their culinary expertise to promote halal products and umami concepts across the region.
Petronas is pivoting its Central Asian strategy to deepen Malaysia-Turkmenistan energy cooperation, capitalizing on Prime Minister Anwar Ibrahim's recent diplomatic visit to unlock fresh investment and trade opportunities in the hydrocarbon-rich nation.
A majority of global consumers are prepared to pay higher prices for brands that clearly explain how they use artificial intelligence with personal data, according to a new report revealing shifting attitudes toward digital trust.
Malaysia's labour market remains stable with unemployment at 0.04% of the workforce as of June 22, down 20% from May figures. The economy minister cited strong job redeployment efforts and government interventions supporting worker transitions.
Malaysia's government is developing comprehensive legislation to regulate e-commerce platforms, aiming to level the playing field for local businesses and curtail counterfeit goods while addressing regulatory gaps affecting MSMEs.
Malaysia's fuel supplies are stable until August, with Petronas stations meeting half of domestic demand. A new government task force monitors energy security amid global geopolitical tensions.
The Malaysian Press Institute has collected RM1.037 million in funding for Malaysia Press Night 2026, with support from 60 organisations and major sponsor PETRONAS. PM Datuk Seri Anwar Ibrahim is scheduled to attend the July 17 event.
Malaysia and Uzbekistan are expanding their agricultural partnership by combining technological expertise with traditional farming knowledge. The collaboration spans smart farming, aquaculture, and food processing, with trade potential to triple within a decade.
The Malaysian Association of Employment Agencies has unveiled a new insurance programme designed to bridge protection gaps for both domestic workers and their employers, offering compensation for abscondment and medical coverage.
Malaysia and Indonesia are set to intensify cooperation in the halal industry through the establishment of new institutional frameworks, including the Malaysia-Indonesia Halal Council, aimed at harmonising standards and expanding trade opportunities across the region.
More than RM4 billion remains available under Bank Negara Malaysia's SME Stabilisation Relief Facility to help small and medium enterprises manage cash flow and operational disruptions, Economy Minister Akmal Nasrullah revealed.
Prime Minister Anwar Ibrahim's recent diplomatic mission to Russia and Turkmenistan has secured major energy cooperation agreements, positioning Malaysia to diversify its hydrocarbon sources and strengthen regional ties.
Malaysia's Ministry of Entrepreneur and Cooperatives Development has unveiled a strategic plan targeting 2030 to strengthen local MSMEs competing against foreign digital traders with lower operating costs.
Malaysia has begun exporting MD2 pineapples to New Zealand in a move projected to generate RM4.3 million annually, marking the country's entry into the Pacific market and strengthening agricultural trade ties.
Malaysia's Finance Ministry will review the BUDI Diesel subsidy programme based on real-world usage data rather than speculation. Early RON95 data shows only 0.76% of users exceed 200-litre quotas, signalling the system's initial effectiveness.
Malaysia has climbed eight places to 15th globally in the IMD World Competitiveness Index 2026, with PM Anwar attributing the achievement to the civil service's collective efficiency rather than individual leadership.
Malaysia is actively seeking investment from German small and medium enterprises in green technology, renewable energy, and water management, with Deputy Prime Minister Fadillah Yusof highlighting the nation's sustainable development priorities during talks with the German Ambassador.
Housing and Local Government Minister Nga Kor Ming stressed that maintaining consistent reform policies under the MADANI framework is vital for translating ongoing initiatives into sustainable economic gains and preserving investor confidence.
Malaysia's competition watchdog has concluded that the housing market operates without anti-competitive practices, with property prices showing stable, moderate growth. The finding comes after extensive monitoring and sectoral reviews.
Malaysia's move to cut subsidised diesel to RM2.10 per litre from July is forecast to reduce transport and logistics costs, potentially lowering consumer goods prices across the supply chain, economists say.
Universiti Utara Malaysia secured a RM2.47 million damages award in a High Court ruling over mall renovation and management disputes. The court dismissed the defendant company's RM7.7 million counterclaim, affirming the university's contractual rights to assume control of the property.
Malaysia will keep its BUDI95 fuel subsidy capped at 200 litres monthly while monitoring developments from recent US-Iran ceasefire talks before deciding whether to restore the previous 300-litre limit.
Ajinomoto Co Inc plans to privatise and delist its Malaysian monosodium glutamate subsidiary through a selective capital reduction worth RM603.4mil, offering minority shareholders RM20 per share—a significant premium to recent trading levels.
Ajinomoto Co Inc is acquiring the remaining stake in its Malaysian subsidiary for RM603.4 million, offering minority shareholders RM20 per share—a 31.58% premium to the last closing price—before delisting from Bursa Malaysia.
Domestic Trade Minister Datuk Armizan Mohd Ali has clarified that MADANI Mart operates as a private retail initiative under Yayasan MADANI rather than as an official government programme, with operations managed by licensed business entities.
Malaysia's union membership stands at only six per cent of the workforce, Human Resources Minister Datuk Seri R. Ramanan revealed, noting significant room for growth and calling for workers to better understand union roles.
The HPM 2026 Carnival in Melaka concluded with RM8.45 million in business matching value and financing potential, attracting 70,000 visitors and generating direct sales of RM532,802.77 for entrepreneurs.
Malaysia's parliament has received two competition law amendment bills that would expand the Malaysia Competition Commission's investigative powers, extend competition oversight to all economic activities, and strengthen enforcement mechanisms against misconduct.
The SUM MEGA 2026 entrepreneurship seminar brought together nearly 7,000 students in a record-breaking event at UiTM Shah Alam, aimed at nurturing the next generation of Malaysian entrepreneurs and innovation leaders.
QEW has rejected fraud accusations tied to a RM20.45 million investment scheme, contending that 111 litigants were fully apprised of potential risks when they committed their capital.
Malaysia's Ministry of Human Resources will provide retraining and employment support for workers displaced by global supply chain issues, while investing RM21 million in Tamil vernacular school infrastructure and student welfare.
The United States is finalising its forced labour investigation into Malaysia, with potential 10% tariffs looming if findings confirm violations. The outcome could significantly impact bilateral trade.
Malaysia is creating a legal framework to prevent imports of goods produced using forced labour, responding to US pressure and a potential 10% tariff threat following a Section 301 investigation.
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Malaysia's government expects to save RM2 billion annually through the BUDI MADANI Diesel programme, which introduces a MyKad-based subsidy system at RM2.10 per litre starting July to combat fuel leakages.
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Malaysia's Higher Education Ministry is restructuring its approach to university research, emphasising practical commercialisation over academic publications. The shift aims to translate innovations into economic value through stronger industry partnerships.
Bangladesh Prime Minister Tarique Rahman has extended an invitation to Malaysian investors to tap into new business opportunities, citing the country's strengthening economic framework and commitment to creating a welcoming investment environment.
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Selangor will implement assessment tax reduction guidelines for eco-friendly homes starting July 1, rewarding residents who install solar systems, use energy-efficient appliances, and adopt electric vehicles.
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Selangor has finalised all land arrangements for Port Klang's third terminal on Pulau Carey since December, encompassing over 1,700 hectares. However, the RM billion infrastructure project remains stalled pending federal government decisions on ownership structure and port jurisdiction under the Transport Ministry.
Malaysia's subsidised diesel price drops to RM2.10 per litre from July, deployed through MyKad verification. The move reflects government efforts to reduce subsidy waste while managing global energy uncertainties and supporting household budgets.
Prime Minister Anwar Ibrahim disclosed that the federal government has allocated RM16 billion to Johor over three years, exceeding the state's RM14 billion revenue contribution, underscoring federal redistribution support.
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Malaysia's Human Resources Ministry will strengthen governance of worker recruitment from Bangladesh through a new Joint Working Group with Dhaka, focusing on updated agreements and ethical labour practices.
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Bangladesh has signalled its ambition to deepen ties with ASEAN, pursuing formal Sectoral Dialogue Partner status while expressing keen interest in joining the RCEP trade bloc. The move reflects Dhaka's strategy to expand economic and diplomatic horizons.
Malaysia and Bangladesh have committed to broadening economic cooperation beyond agriculture into artificial intelligence, energy, semiconductors and advanced manufacturing, according to Prime Minister Anwar Ibrahim.
Parliament convenes today to address trade disruptions in the Strait of Hormuz and their economic implications, while also examining haj management reforms and AI governance issues.
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The Ministry of Entrepreneur Development and Cooperatives has approved nearly RM100 million in financing for more than 4,300 entrepreneurs in Melaka as of May 31, reinforcing the state's growing MSME ecosystem.
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Sarawak's troubled Tambirat Waterfront project is headed for litigation after Phase One stalled, threatening to derail Phase Two and a major international regatta scheduled for the site.
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TEKUN Nasional is piloting a streamlined approval process targeting 24-hour financing decisions for loans below RM20,000, aiming to ease working capital access for Malaysia's small businesses within the next two to three months.
Penang Chinese Town Hall closed 2025 with RM12.61mil revenue against RM12.55mil spending, posting a modest surplus. The organisation is pivoting toward technology cooperation and regional influence.
Malaysia's inflation appears contained in the near term, yet the economy remains structurally exposed to external commodity shocks and currency fluctuations that could destabilise prices.
Prime Minister Anwar Ibrahim has indicated that negotiations between Malaysia's Petronas and Sarawak's Petros are progressing positively, marking progress in talks between the two major energy companies.
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Malaysia will reduce subsidised diesel to RM2.10 per litre from July 2026, with eligibility verified through MyKad. The move aims to ease operating costs for traders, contractors, and small businesses nationwide.
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The Rim constituency in Melaka is building rural prosperity through community tourism initiatives, local enterprise development, and strategic partnerships with educational institutions and government bodies.
Prime Minister Datuk Seri Anwar Ibrahim has announced that subsidised diesel will be priced at RM2.10 per litre starting July 2026, implemented through a targeted subsidy verification system using MyKad.
Malaysia's housing ministry will conduct a comprehensive review of the Certificate of Completion and Compliance framework to streamline approvals, cut bureaucracy, and support sustainable urbanisation across the country.
Prime Minister Anwar Ibrahim's recent diplomatic tour across Central Asia—touching Tashkent, Kazan, and Ashgabat—represents Malaysia's calculated effort to deepen economic partnerships and position itself as a strategic bridge between Asia and the broader Eurasian sphere.
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Prime Minister Anwar Ibrahim's recent diplomatic missions to Russia and Turkmenistan have yielded significant energy agreements, with Petronas pursuing new gas partnerships and Russia offering reliable supply assurances to strengthen Malaysia's long-term energy security.
The Malaysian government has committed RM9.8 billion in microfinancing through six major institutions to help hawkers and small entrepreneurs access affordable credit. The initiative aims to ensure grassroots traders can grow their operations sustainably.
Prime Minister Datuk Seri Anwar Ibrahim has praised Petronas' expanded operations in Turkmenistan, noting the move grants Malaysia access to vast gas reserves and elevates the nation's influence in global energy markets.
Takaful IKHLAS, a subsidiary of MNRB Holdings, has distributed RM59,500 in Aidiladha assistance through its Kasih Korban Programme in Seremban, benefiting 106 asnaf recipients and community members through sacrifice of 10 cattle.
A prestigious awards ceremony in Kuala Lumpur honoured over 70 property developers and quality brands driving excellence across the ASEAN region, with recognition for sustainable urban development and ESG-focused business practices.
Russian President Vladimir Putin has committed to supplying Malaysia with oil and gas for the next 20 years, according to Prime Minister Anwar Ibrahim, as the two nations deepen energy ties amid regional competition.
Malaysia's property market faces a structural crisis with 14,201 completed residential units worth RM2.77 billion remaining unsold in Q1, exposing a fundamental mismatch between developer-driven supply and household purchasing capacity.
Nearly 13,500 employers in Johor participated in HRD Corp's ecosystem last year, channelling training funds to nearly 480,000 workers. The scheme collected RM208.21 million in levies and disbursed RM191.5 million in assistance.
Prime Minister Anwar Ibrahim has unveiled Malaysia's strategic shift towards a technology-centric economy, emphasising semiconductors, artificial intelligence, and innovation as pillars of future growth.
Malaysia's biennial agriculture show MAHA 2026 will welcome international exhibitors for the first time, with confirmed participation from Brazil, China, the United States, Japan, South Korea, Hungary and Uzbekistan, creating new business and knowledge-sharing opportunities.
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Telekom Malaysia has committed RM500,000 to Tabung Kasih@HAWANA, a welfare fund for media practitioners in Malaysia. The contribution underscores corporate backing for the struggling media sector amid declining advertising revenue.
Prime Minister Anwar Ibrahim has praised Turkmenistan's decision to award two major gas fields to Petronas, describing the development as a significant achievement for Malaysia's energy security and economic future.
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Malaysia's media organisations have welcomed 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, signalling government commitment to industry resilience.
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Malaysia and Thailand are in intensive negotiations over a temporary suspension of shrimp imports, with both countries working towards a mutually acceptable resolution that protects their respective trade and biosecurity interests.
Prime Minister Datuk Seri Anwar Ibrahim has announced a RM1 million government allocation for Tabung Kasih@Hawana 2026, underscoring the administration's commitment to journalist welfare and broader media sector modernisation initiatives.
Prime Minister Anwar Ibrahim has secured strategic energy agreements with Russia and Turkmenistan guaranteeing Malaysia's oil, gas and diesel supplies for at least two decades, significantly strengthening the nation's energy security.
Penang is pursuing deeper cooperation with Hungary in education, technology and green initiatives, with Hungarian government offering 40 annual scholarships to Malaysian students and both sides exploring research, renewable energy and sports collaboration.
Malaysia's Transport Ministry is operating diesel trains on the Southern Shuttle service as a stopgap measure while waiting for new Electric Multiple Unit trains to arrive within two to three years, ensuring Johor residents can use the service immediately.
Prime Minister Anwar Ibrahim has highlighted Petronas's newly acquired stake in Turkmenistan's major gas field as evidence of global confidence in Malaysia's political stability, national unity, and economic competitiveness.
Prime Minister Anwar Ibrahim says Malaysia's balanced foreign policy—engaging all powers while maintaining neutrality—is strengthening investor confidence and propelling economic growth in the region.
Malaysia's e-Invoicing system has prompted 52,540 taxpayers to voluntarily declare RM4.07 billion in previously unreported income since its August 2024 launch, signalling strengthened compliance and tax revenue collection.
Malaysia and Turkmenistan have pledged to deepen energy sector cooperation and expand bilateral ties across trade, investment, transportation, education and technology, cementing ties during PM Anwar Ibrahim's state visit.
A collective of 111 investors has initiated court proceedings against QEW Group Bhd and its directors, seeking to recover RM20.45 million invested through a shariah-compliant investment programme. The lawsuit underscores growing concerns about regulatory oversight in Islamic finance.
Malaysia's Competition Commission and Department of Statistics have signed a memorandum of understanding to collaborate on data sharing, economic analysis and human capital development to strengthen competition oversight across sectors.
Malaysia's Ministry of Domestic Trade and Cost of Living has dismantled a counterfeit goods operation in Johor Bahru, seizing approximately RM600,000 worth of fake branded merchandise from three premises following month-long surveillance.
Communications Minister Datuk Fahmi Fadzil has briefed Sultan Nazrin Shah on government initiatives to develop Perak's digital infrastructure, expand service coverage, and strengthen online safety protocols across the state.
A memorandum of understanding between the United States and Iran could help stabilize global oil prices and reopen critical shipping routes, Malaysia's finance ministry indicated, though a full recovery in energy markets may require several more months.
Twenty participants of the iTEKAD CIMB Islamic-MAINPP Entrepreneur programme have received motorcycles as part of an initiative to empower the asnaf community through employment and income generation in Penang.
Prime Minister Anwar Ibrahim witnessed PETRONAS signing a strategic partnership with Turkmenistan authorities, marking three decades of bilateral energy cooperation and opening new avenues for natural gas exploration and investment.
One hundred and eleven investors have pursued legal action against QEW Group and its two directors in the High Court, seeking recovery of RM20.5 million in failed investment capital. The case underscores persistent risks in Malaysia's retail investment sector.
Kuala Lumpur City Hall has committed RM200 million to modernise 287 hawker sites under the Lestari Niaga @ Kuala Lumpur 2026 programme, benefiting over 11,000 traders with upgraded infrastructure and temporary financial assistance during construction.
MSCI has raised fresh transparency concerns about Indonesia's stock market, citing poor visibility in shareholdings and suspicious trading patterns. A potential downgrade to frontier status could trigger $13 billion in outflows.
Kelantan's Malay-Malaysian Chamber of Commerce has highlighted a growing problem of foreigners using marriages with local women and business partnerships to circumvent regulations and operate companies under Malaysian names.
Prime Minister Anwar Ibrahim is wrapping up his official visit to Turkmenistan with intensive talks aimed at expanding trade, investment, and diplomatic ties with the Central Asian nation positioned along the Caspian Sea.
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Prime Minister Anwar Ibrahim's Turkmenistan visit aims to expand Malaysia's trade, energy and investment relationships with the Central Asian nation, potentially opening new markets for Malaysian businesses.
Transport Minister Anthony Loke has signalled that Port Klang 3 could begin construction within 2024 if land-related issues with the Selangor government are resolved promptly, keeping the major port expansion project on track.
Port Klang Free Zone has generated RM108 million in revenue as its reactivation programme reaches 86% completion, marking a significant turnaround for the troubled facility after years of regulatory challenges.
Japan's refreshed Indo-Pacific framework prioritises AI, data security and infrastructure cooperation, directly supporting Malaysia's ambitions to establish itself as a leading regional technology hub, says Japanese Ambassador Noriyuki Shikata.
Prime Minister Anwar Ibrahim has signalled Malaysia's intent to pursue bilateral trade arrangements denominated in ringgit rather than foreign currencies, drawing on successful precedents established with China.
The Selangor government and Transport Ministry are resolving land ownership issues for Port Klang's Third Terminal on Carey Island, a strategic infrastructure project aimed at bolstering Malaysia's port and logistics capabilities.
The Malaysian Anti-Corruption Commission has dismantled a coordinated fraud operation in which company owners, agents, and accountants illegally obtained RM9 million through false claims under a government wage incentive programme.
Malaysia's government is continuing to refine its carbon tax proposal, with implementation expected once the policy framework is finalised and industry readiness assessed, the Natural Resources Minister said.
Malaysia's Transport Ministry has inaugurated the Shuttle Selatan service, a rail-based shuttle connecting Kulai, JB Sentral and Pasir Gudang. The service is projected to benefit more than two million residents across these three municipalities.
Malaysia's domestic trade ministry seized over 53 tonnes of wheat flour from an animal feed processing factory in Kedah after discovering unauthorised storage of the controlled commodity without proper permits.
Malaysia's government-linked investment companies are ramping up capital allocation to Bumiputera-owned firms, with Prime Minister Anwar Ibrahim announcing commitments have jumped 54 per cent to RM2 billion this year.
PERHEBAT and the National Entrepreneurship Institute are running an intensive three-month masterclass targeting 180 military veterans, with ambitions to develop millionaire entrepreneurs and strengthen Bumiputera business presence.
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Prime Minister Anwar Ibrahim will travel to Russia to meet President Vladimir Putin, focusing on securing Malaysia's long-term oil and diesel supply chains amid regional geopolitical uncertainties and potential disruptions to critical shipping routes.
Prime Minister Datuk Seri Anwar Ibrahim has stressed that Malaysia's economic development must be felt across all segments of society, particularly rural communities and lower-income groups.