Malaysia · Business
Same event, multiple sources, transparently cited.
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US dollar softens on cooler US inflation and Middle East tensions; ringgit fluctuates amid mixed factors
US dollar slipped after June consumer inflation fell to 3.5% and Middle East tensions rose; Japanese firms felt pressure from BoJ rate hikes while Malaysia’s ringgit saw mixed moves in mid-July.
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MACC probes US$13 million luxury property linked to 1MDB funds; Rosmah luxury goods trial set for June 2027
The Malaysian Anti-Corruption Commission opened an inquiry into a US$13 million property tied to 1MDB funds and set a civil trial on luxury goods for June 2027.
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Malaysia keeps fuel prices steady for July 9-15 amid cautious oil market outlook
Malaysia’s Finance Ministry announced unchanged retail fuel prices from July 9 to 15, 2026, due to stable domestic supply and moderated global oil costs.
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Malaysia’s Manufacturing Sales Grow 8.9% in May 2026 Led by Electrical and Electronics
Malaysia’s manufacturing sales rose 8.9% to RM172.7 billion in May 2026, supported by strong growth in electrical and electronics products and steady employment.
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Malaysia seizes over 75,000 illegal cryptocurrency mining machines since 2022
Malaysian authorities have confiscated 75,578 illegal cryptocurrency mining machines in more than 3,000 raids since January 2022.
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Malaysia secures stable petroleum supply through December 2026 despite global disruptions
Malaysia's government ensured sufficient petroleum supply from July to December 2026 amid Strait of Hormuz disruptions and fluctuating oil prices.
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Former Finance Minister Tengku Zafrul Testifies in Muhyiddin’s Jana Wibawa Graft Trial
Tengku Zafrul, ex-finance minister, testified as prosecution witness in Muhyiddin Yassin’s Jana Wibawa corruption trial in July 2026.
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Malaysia and Singapore to launch joint digital immigration system and new border lanes by January 2027
Malaysia and Singapore will introduce a new digital immigration system and additional lanes at Johor-Singapore border to ease congestion by January 2027.
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PM Anwar Ibrahim urges end to cronyism in Bumiputera financing, launches RM2.25b platform
Prime Minister Anwar Ibrahim called for an end to political patronage in Bumiputera entrepreneur loans and launched a RM2.25 billion financing platform to support growth.
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Selangor's GDP grows to RM460.1 billion in 2025, accounting for 26.5% of Malaysia's economy
Selangor's economy expanded by RM28 billion in 2025 to RM460.1 billion, contributing 26.5% to Malaysia's GDP with a 6.3% growth rate.
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Malaysia considers EV sales levy to fund public charging network expansion
Malaysia is considering a levy on every electric vehicle sold to fund expansion of its public EV charging infrastructure amid insufficient industry investment.
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Saudi Aramco reports $33.4 billion Q2 net profit amid US-Iran war-driven oil price surge
Saudi Aramco's second-quarter net income rose to about $33.4 billion, up 33-44% year-over-year amid disruptions to regional oil supplies.
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Malaysian Cabinet releases Royal Commission report on Tabung Haji losses and governance failings
The Malaysian Cabinet declassified and published the Royal Commission report exposing RM10 billion losses at Tabung Haji, triggering investigations and parliamentary debate.
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TSMC reports record Q2 profit with 77% surge on strong AI chip demand and US investments
TSMC posted a 77.4% rise in Q2 net profit to US$22 billion, driven by AI chip sales and plans for more US factory investments.
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KWAP loses nearly RM200 million in fraud involving Indonesian startup eFishery
KWAP lost about RM200 million in a fraudulent investment in Indonesian startup eFishery and is pursuing legal action with other investors.
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Bank Negara Malaysia Keeps Overnight Policy Rate Steady at 2.75% in July 2026
Bank Negara Malaysia held the Overnight Policy Rate at 2.75% on July 9, maintaining the rate for the sixth straight meeting since a cut in July 2025.
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Malaysia updates on 1MDB liabilities, EV chargers, data centre power, and new air cargo hub
Malaysia revealed its 1MDB debt status, EV charging rollout, data centre power supply, and a new RM80 million air cargo project in mid-2026.
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Oil prices fall as OPEC+ raises output and Hormuz shipments increase
Oil prices dropped below US$72 per barrel after OPEC+ announced higher production and energy flows through the Strait of Hormuz improved.
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Malaysia’s economy forecast to grow 4-5% in 2026 despite energy and climate challenges
Malaysia’s economy is expected to grow between 4% and 5% in 2026 amid ongoing fiscal consolidation and climate risks.
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SK Hynix Q2 Profit Soars Sixfold on AI Demand but Falls Short of Forecasts amid Sharp Stock Decline
SK Hynix reported a Q2 operating profit of about 60.5 trillion won, a 557% rise year-on-year, driven by AI chip demand but missed analyst forecasts as shares plunged.
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Malaysian Parliament debates internet issues, BNPL debt rise, subsidy misuse, and tax policies
Parliament discussed internet disruptions, West Asia conflict impact, BNPL debt increase, cooking oil subsidy leaks, wealth tax stance, KWAP investment scrutiny, and elderly care SST exemption.
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Malaysia secures stable fuel supply amid Strait of Hormuz tensions and updates rice laws
Malaysia confirms stable fuel supply through end-2026 despite Middle East tensions and passes stricter rice market regulations.
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Amazon’s Market Value Tops $3 Trillion for First Time on August 3, 2026
Amazon.com Inc surpassed $3 trillion in market capitalization on August 3 following a strong post-earnings rally and record share prices.
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June 2026 European heatwave causes €20 billion in crop losses, hitting France and Hungary hardest
A June 2026 heatwave triggered crop losses worth €20-23 billion across Europe, severely affecting France and Hungary’s grain production.