Malaysia · Business
Same event, multiple sources, transparently cited.
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Malaysian probes expose foreigners using homeless locals as company proxies to evade taxes
Investigations in 2025 found nearly 90% of shadow economy cases involved foreigners registering companies under homeless Malaysians to avoid taxes.
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Malaysia raises RON97, unsubsidised RON95, and diesel prices from May 21 to 27, 2026
Peninsular Malaysia increased retail prices for RON97, unsubsidised RON95 petrol, and diesel starting May 21, 2026 amid rising global oil prices.
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Malaysia and Singapore sign MoU to deepen healthcare cooperation including NCD management
Malaysia and Singapore signed a MoU on May 19-20 to enhance healthcare cooperation on NCDs, food labelling, medical device access, and cross-border health tourism.
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Indonesia to centralize exports of palm oil, coal under state agency supervised by sovereign fund
Indonesia's government will route all palm oil, coal, and ferro-alloy exports through a new state agency to curb tax evasion and boost revenue.
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Thailand ends 60-day visa-free stays for 93 countries, citing crime concerns
Thailand's cabinet approved ending 60-day visa-free travel for 93 countries, replacing it mainly with 30-day stays due to crime and visa abuse concerns.
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Middle East conflict slows global growth and drives inflation higher
Middle East conflict pressures global economic growth downward and inflation upward amid energy supply constraints and market turmoil.
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Malaysia’s economy grows 5.4% in Q1 2026 despite looming global supply crisis
Malaysia’s economy grew 5.4% in Q1 2026, outperforming regional peers, while the government warns of worsening supply issues in Q3.
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Former Sabah Water Director Sentenced to 8 Years, Fined RM284 Million for Money Laundering
Ag Mohd Tahir Mohd Talib was found guilty of 12 money laundering charges involving over RM45 million and sentenced to eight years and a RM284.3 million fine.
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Malaysian government to retable constitutional amendments on PM term limit and AG-PP separation in June
The Malaysian government will retable bills to limit the prime minister's term to 10 years and separate Attorney General and Public Prosecutor roles in June.
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EPF’s Q1 2026 investment income rises 51% to RM27.73 billion
Employees Provident Fund reported RM27.73 billion investment income in Q1 2026, up 51% from a year earlier.
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Investors pour $86M into commodities amid US-Iran war, inflation and oil price rise
Investors added $86 million to a commodity index fund last week driven by energy inflation fears from the US-Iran war and rising oil prices.
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Bank of America opens new Kuala Lumpur office at Merdeka 118 tower
Bank of America inaugurated its new office at Merdeka 118 in Kuala Lumpur on April 30, 2026.
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Minister Azalina urges MPs to complete full five-year term before resigning
Minister Azalina Othman Said urged Malaysian MPs to respect voters by serving full terms before quitting or switching parties.
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IEA warns commercial oil stocks rapidly shrinking amid Middle East supply crisis
IEA chief Fatih Birol warned May 18 that commercial oil inventories are depleting quickly due to Middle East supply disruptions despite emergency reserve releases.
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Inter Ikea to cut 850 jobs amid falling demand and rising costs
Inter Ikea is cutting 850 jobs as it shifts strategy in response to falling consumer demand and higher costs.
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Prosecution submits 45 documents in ex-army chief and wife's money laundering case
Prosecutors handed over 45 documents to defence in the money laundering case against former Army Chief Muhammad Hafizuddeain and his wife Salwani.
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Malaysian committee approves draft bill to separate Attorney General and Public Prosecutor roles
Malaysia's Parliamentary Special Select Committee finalized a draft constitutional amendment to separate Attorney General and Public Prosecutor roles for parliamentary debate June 22.
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King Sultan Ibrahim Meets PM Anwar Ibrahim, Appoints Envoys and MAIWP Members
King Sultan Ibrahim granted audiences to PM Anwar Ibrahim and ministers and presented ambassador and religious council appointments on May 18, 2026.
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Thailand's Q1 2026 GDP Growth Accelerates to 2.8%, Surpassing Estimates
Thailand's economy grew 2.8% year-on-year in Q1 2026, beating forecasts and outpacing last quarter's 2.5% growth.
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Malaysia launches 100MW/400MWh Santong Battery Energy Storage System in Terengganu
Tenaga Nasional Berhad unveiled the Santong Battery Energy Storage System on May 18, 2026, with government leaders calling for enhanced domestic energy storage R&D.
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Malaysia tackles infrastructure strain amid data centre boom and rising oil prices
Malaysia faces power grid pressure from rapid data centre growth while weighing fuel subsidy reforms amid rising global oil costs.
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Malaysian Army eases recruitment rules to widen applicant pool
The Malaysian Army raised age, height, and BMI limits and now allows applicants who wear glasses to join.
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Verdict set for Zizie Izette on RM2.8 million FELCRA corruption charges July 20
Malaysia’s Sessions Court will deliver a verdict on July 20 for Datin Seri Zizie Izette over RM2.8 million bribery charges linked to Felcra’s RM150 million investment.
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Melaka Chief Minister hints state election likely within four months
Melaka Chief Minister Ab Rauf Yusoh said the state election could be held within 120 days to avoid clashes with Ramadan and Aidilfitri.