Malaysia · Business
Same event, multiple sources, transparently cited.
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Malaysian police arrest 'Datuk'-titled drug syndicate leader in RM6.26 million bust
Police arrested a 'Datuk'-titled man leading a secret society-linked drug syndicate among 291 detained in a multi-state crackdown.
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Volkswagen plans up to 100,000 job cuts and closure of four German factories
Volkswagen CEO Oliver Blume announced plans to cut up to 100,000 jobs worldwide and close four German plants amid restructuring efforts.
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Petronas secures fuel supplies for petrol stations until August 2026
Petronas confirmed stable fuel supplies for its petrol stations nationwide until August 2026, extending previous guarantees through June.
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Malaysia reports 6,197 job losses in June with labour market showing resilience
Malaysia recorded 6,197 job losses as of June 22, marking a 20% drop from May amid ongoing government support measures.
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Japan unveils $2.3 trillion investment plan over 14 years targeting AI and semiconductors
Prime Minister Sanae Takaichi announced a 14-year, $2.3 trillion investment plan focusing on AI, semiconductors, and strategic sectors.
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Malaysian Parliamentary Committee Flags Private Healthcare Billing Issues, Calls for Regulator
The Public Accounts Committee identifies hospital billing problems driving medical inflation and urges an independent regulator.
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Malaysian public universities reaffirm merit-based admissions with no special UEC pathways
Malaysia's Higher Education Ministry confirmed public university admissions follow merit criteria, rejecting special treatment or backdoor entries for UEC holders.
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Asian stocks rally on AI chip demand after Micron's strong earnings beat estimates
South Korea’s KOSPI and Japan’s Nikkei surged on June 25 as AI chip makers posted strong results and forecasts.
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Durian prices plummet in Malaysia amid bumper harvest; smaller drop in Singapore
Malaysian durian prices fell to record lows this June due to oversupply, while Singapore saw a milder decline attributed to higher costs.
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Malaysia enacts targeted cost cuts amid rising subsidy costs, maintains key official visits
Malaysia imposes cost-cutting measures amid rising subsidies but allows overseas official visits for strategic purposes.
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Frasers Property proposes S$2.1 billion hospitality portfolio restructuring
Frasers Property plans to restructure S$2.1 billion of hospitality assets to optimize capital and boost shareholder value.
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MACC opens five Johor operations rooms for state polls; court forfeits luxury items from ex-army chief’s relative
MACC launched five 24-hour operations rooms across Johor for state polls and a court forfeited seized luxury watches and jewellery to the government.
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Malaysia allocates RM25.2 million to install 3,000 solar LED streetlights at high-risk highways
Malaysia's government has allocated RM25.2 million to install 3,000 solar-powered LED streetlights at 32 high-risk highway locations nationwide.
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Kedah Exco Haim Hilman pleads not guilty to charge over university admissions remarks
Kedah state executive councillor Haim Hilman pleaded not guilty to charges of causing public alarm with allegations on public university admissions.
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Malaysia’s domestic tourism expenditure rises 15.8% in Q1 2026 on festive travel
Malaysia’s domestic tourism spending grew 15.8% year-on-year to RM34 billion in Q1 2026, boosted by holiday travel during Chinese New Year and Aidilfitri.
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Malaysia to fine social media platforms up to RM10 million for age-verification breaches
Malaysia will impose fines up to RM10 million on social media companies failing to meet age verification under the Online Safety Act 2025.
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Perkeso achieves over 96% compliance in claims processing for 2025
Perkeso recorded above 96% compliance in processing multiple benefit claims in 2025, with a 99.68% rate under the Lindung Kerjaya scheme.
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Malaysia launches plan for commercial cargo and passenger drone services by 2030
Malaysia unveiled a plan to develop commercial cargo and passenger drone services by 2030, starting limited freight drone operations in early 2027.
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Malaysia adopts RM40 pay-per-issue model for new MyKad rollout starting June 2026
Malaysia began issuing new-generation MyKad cards under a pay-per-issue model at RM40 each, with NexG Bhd supplying under a six-year contract.
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Malaysia Has Not Received Formal Extradition Request for Bestinet Founder Aminul Islam
Malaysia's Home Minister said no official extradition request has been received from Bangladesh for Aminul Islam, founder of Bestinet Sdn Bhd.
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Bitcoin hits 21-month low near $58,131 amid tech selloff and crypto market outflows
Bitcoin fell below $60,000 on June 24-25, 2026, reaching a 21-month low as tech sector weakness and crypto selloff pressured digital assets.
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Malaysia integrates diesel subsidy under Budi Madani to improve targeting from July 1
Malaysia will let eligible users buy subsidised diesel at RM2.10 per litre from July 1 under a reformed subsidy scheme merging diesel with petrol quotas.
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Malaysia expands Sara programme to increase retail access and promote local products
Malaysia's government expanded the Sara programme to include more retail outlets nationwide and boost local product participation, emphasizing aid benefits to small retailers.
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Malaysia enforces age verification for social media users under 16 under new Child Protection Code
Malaysia's government requires social media providers to verify users are at least 16 using official ID documents under a new law effective June 1, 2026.