Malaysia · Business
Same event, multiple sources, transparently cited.
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Australians now need over A$1 million to retire comfortably amid rising inflation
Australians say they need more than A$1 million to retire comfortably, up A$183,000 in a year due to inflation and living costs, a recent survey shows.
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IT consultant loses RM1.49 million in Facebook-linked cryptocurrency scam
A 63-year-old Malaysian IT consultant was cheated out of nearly RM1.5 million in a crypto investment scam promoted on Facebook.
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Malaysia's Inland Revenue Board launches online e-Assessment Appeal service on MyTax portal
Malaysia's Inland Revenue Board introduced an online e-Assessment Appeal service on June 1 for taxpayers to file appeals or extension requests via MyTax portal.
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King Sultan Ibrahim celebrates official birthday with federal awards at Istana Negara
King Sultan Ibrahim held an investiture ceremony June 1, honoring 144 recipients with federal awards at Istana Negara.
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Malaysia Finance Ministry confirms Budi95 fuel subsidy quota stays at 200 litres after display error
Malaysia's Finance Ministry fixed a technical error that showed a reduced Budi95 fuel subsidy quota of 150 litres, confirming the official 200-litre limit remains unchanged.
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Train component failure disrupts Kelana Jaya LRT line service on May 18, 2026
A damaged Linear Induction Motor cover on train 92 stalled the Kelana Jaya LRT line at Kelana Jaya Station on May 18, causing delays and crowd control measures.
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Global shares fall as Gulf drone attacks raise oil prices and bond yields
Fresh drone attacks in the Gulf pushed oil prices higher and hit global bonds amid fears of strained supply and inflation.
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Malaysia announces support measures for airlines hit by Iran war fuel price surge
Malaysia unveiled financial relief and fee exemptions to help airlines cope with soaring jet fuel costs amid the Iran war impact.
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Finance Minister II Amir Hamzah to meet Pahang Sultan on federal allocations this week
Finance Minister II Datuk Seri Amir Hamzah Azizan will seek an audience with the Sultan of Pahang this week to clarify federal allocations to the state.
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Johor-Singapore SEZ Accounts for 66% of Johor's Investments Under Madani Government
The Johor-Singapore Special Economic Zone attracted 66% of Johor's investments last year, driven by infrastructure upgrades and border system improvements.
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Malaysia to increase biodiesel blend to B15 in Peninsular Malaysia from June 1
Malaysia will raise the biodiesel blend in diesel to 15% starting June 1, 2026, across Peninsular Malaysia to boost energy security and reduce fossil fuel reliance.
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New cancer injection amivantamab eradicates tumors in some head and neck cancer patients
An international trial showed the injection amivantamab shrank or removed tumors in 43 of 102 chemo-resistant head and neck cancer patients.
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Sri Lanka raises fuel prices by up to 6% to meet IMF bailout conditions
Sri Lanka raised petrol and diesel prices up to 6% on May 31 to comply with IMF bailout loan terms.
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Malaysia Enforces Identity Verification for Sponsored Social Media Ads Starting June 1, 2026
Malaysia requires all social media advertisers to verify identities under the Online Safety Act effective June 1, 2026.
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DAP’s Marina Ibrahim to retire, will not defend Skudai seat in Johor election
Marina Ibrahim announced she will not seek reelection for Skudai state assembly seat and is retiring from politics after one term.
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KLIA Terminal 1 Aerotrain to Resume 24-Hour Service Starting June 1, 2026
Kuala Lumpur International Airport will restore full 24-hour Aerotrain service at Terminal 1 from midnight on June 1, 2026.
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Malaysia enforces Hire Purchase Amendment Act 2026 starting June 1 with 11 institutions ready
Malaysia will enforce the Hire Purchase (Amendment) Act 2026 on June 1, with 11 financial institutions prepared to offer financing under the new law.
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UAE officially leaves OPEC and OPEC+ in strategic energy shift
The UAE exited OPEC and OPEC+ on May 1, citing national production strategy and future capacity plans.
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Malaysia drafts stricter fleet card regulations to curb fuel subsidy abuse
Malaysia’s Domestic Trade Ministry is drafting new rules to tighten control and enforcement on fleet card misuse under fuel subsidy schemes.
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Malaysia calls for fuel subsidy targeting beyond income to include living expenses
Malaysia’s Economy Minister says fuel subsidy rules must consider household living costs, not just income levels.
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Malaysia boosts Ministry of Education budget for classrooms and teacher welfare in 2026
Malaysia raised Ministry of Education allocations to RM900 million for classrooms and approved 3,150 new teachers ahead of 2027 school intake.
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Malaysian Employers Federation reaffirms commitment to workplace mental health protection
The Malaysian Employers Federation reaffirmed support for national efforts to strengthen workplace mental health and psychosocial risk management.
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MARA to launch cadet pilot scholarships prioritizing tahfiz STEM students
MARA will open applications soon for a cadet pilot programme giving priority to tahfiz STEM students for flight training sponsorships.
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US industrial production rises 0.7% in April led by manufacturing rebound
US industrial production increased 0.7% in April 2026 following a March decline, driven by a 0.6% manufacturing output gain.