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Anticorruption Probe Targets Former Malaysian PM Mahathir Mohamad

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On May 9, 2024, the Malaysian Anti-Corruption Commission (MACC) confirmed that it was investigating former Malaysian Prime Minister Mahathir Mohamad over allegations of corruption linked…

Volcanic Eruption in Indonesia Disrupts Air Travel, Spreads Ash to Malaysia

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Mount Ruang, a volcano on a remote Indonesian island, erupted on Tuesday, 7 May, sending ash 5 km into the sky and forcing the closure…

Microsoft’s $2.2 Billion Pledge: Empowering Malaysia with AI and Cloud Investments

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On May 9, 2024, Microsoft announced a $2.2 billion investment in Malaysia focused on artificial intelligence and cloud infrastructure, with CEO Satya Nadella making the…

PETRONAS and Phoenix Petroleum Sign MoU for Downstream Marketing and Tech...

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For the people of the Philippines, a new partnership between Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum is set to bring about a change in...

Malaysia exports rise 9.8% to RM204.99bil in Feb

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For workers on the assembly lines of Malaysia’s electrical and electronics (E&E) factories, the hum of machinery in February 2023 signaled more than just production....

RAM Ratings Affirms Malaysian Bank Stability

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Malaysian Banking Stability Remains Unshaken by Silicon Valley Bank Collapse The recent bankruptcy of Silicon Valley Bank and two other smaller American financial institutions has…

Maybank introduces financing solution for EV, hybrid users

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For Malaysian drivers considering a switch to electric or hybrid vehicles, a major financial hurdle has just been removed. Maybank’s new integrated auto finance solution...

Three nations to be largest sovereign sukuk issuers

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For millions of people in Malaysia, Indonesia, and Turkiye, the shift in the global sukuk market is about to have a significant impact on their...

Malaysia’s palm oil stocks slide 6.56% in Feb

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For the smallholder farmers and plantation workers who form the backbone of Malaysia’s palm oil industry, February’s latest stockpile figures bring a mixed picture of...

Malaysia Banks to be held up by resilient earnings

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For many individuals and families in Malaysia, the stability of the banking sector can have a significant impact on their daily lives and financial security....

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