Economy

Former U.S. President Donald Trump has threatened to impose a 100% tariff on BRICS nations if they introduce a new currency that could challenge the U.S. dollar in global trade. Trump insisted that BRICS has "no chance" of replacing the…

Bank Negara Malaysia (BNM) has imposed a RM875,000 fine on AmBank (M) Berhad for failing to comply with the Directive to Financial Institutions under the Financial Services Act 2013 (FSA). The penalty was issued on November 18, 2024, and…

A total of 32 highway toll concession companies may finance the construction of free-flow lanes at toll plazas, a move that could save them more than RM1 billion. According to a report by Free Malaysia Today (FMT), citing sources…

The sale of Malaysia Airports Holdings Berhad (MAHB) to the Gateway Development Alliance (GDA) consortium is nearing completion, with the consortium achieving a 92.82% acceptance rate. The GDA consortium, led by Khazanah Nasional alongside…

Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, marking the 10th consecutive meeting with no change. The central bank justified its decision by pointing to Malaysia’s stable economic…

During his speech at the London School of Economics (LSE) today, Prime Minister Datuk Seri Anwar Ibrahim underlined the success of the 2023-announced Madani Economy Framework. In order to leverage the nation's semiconductor supply chain,…

The Inland Revenue Board (LHDN) does not intend to extend the Feb 1 soft-landing deadline even if businesses struggle to adopt e-invoicing. Companies in the first phase of the e-invoicing roll-out will be liable for a fine ranging from…

Prime Minister Anwar Ibrahim states he feels problems involving Petronas and Petroleum Sarawak Bhd (Petros), particularly with regard to the right to distribute gas in Sarawak, have been settled. A Bernama report claims that negotiations…

After a sandwich made by one of its food suppliers was discovered to have improperly utilized a Malaysian halal certificate, KK Super Mart filed a lawsuit against the supplier. In a statement released on Monday, January 13, the company…

Following President Bashar Assad's overthrow last month, Syria said on Saturday that its main airport in Damascus would begin operating international flights again the following week. Ashhad Al-Salibi, head of the General Authority of…