NewsXcess
Consensus news for Malaysia
Updated

Business stories. Verified reports appear above single-source reports.

Updated about 5 hours ago First seen about 9 hours ago
Corroborated 10 Newsrooms

M’sia to reduce overdependence on semiconductors, diversify economic growth sources

Image via The Edge Malaysia

KUALA LUMPUR: The government will reduce Malaysia’s risk of overdependence on the semiconductor sector by diversifying the electrical and electronics (E&E) value chain and sources of economic growth, as well as expanding export markets. Investment, trade and industry minister Johari Ghani said the … Read at Free Malaysia Today

National / Federal Impact
Updated about 3 hours ago First seen about 7 hours ago
Corroborated 4 Newsrooms

Opposition leader criticises GLC involvement in non-core projects in Budget 2027

Image via The Edge Malaysia

KUALA LUMPUR, Oct 12 — Opposition Leader Datuk Seri Hamzah Zainudin today alleged that government-linked corporations (GLCs) were being made to operate beyond their core mandates. While debating Budget 2027, he cited a project to build a hostel for students that he said would be funded by the … Read at Malay Mail

Action Taken National / Federal Impact
Updated about 5 hours ago First seen about 9 hours ago
Corroborated 9 Newsrooms

Debate over government’s role in private enterprise

Image via Malaysiakini

This article first appeared in The Edge Malaysia Weekly on October 5, 2026 - October 11, 2026 THE government’s move to support a fundraising drive for low-cost carrier AirAsia Group Bhd (KL:AAGB) is raising questions over how far it should go to help a heavily indebted private company and whether … Read at The Edge Malaysia

Statement / Opinion National / Federal Impact
Updated about 2 hours ago First seen about 14 hours ago
Corroborated 3 Newsrooms

Johor education department says daily closure notices are routine updates, don’t clash with state haze order

Image via Oriental Daily

JOHOR BAHRU, Oct 12 — The Johor State Education Department (JPNJ) will issue daily notifications on the extension of school closures due to the haze, despite the state government having announced a five-day extension yesterday. State Education and Information Committee chairman Dr Muhammad Naqib Md … Read at Malay Mail

Action Taken National / Federal Impact
Updated about 3 hours ago First seen about 4 hours ago
Corroborated 4 Newsrooms

Batik Air: Flight OD701 from KLIA to Jeddah called off as precautionary measure

Image via The Edge Malaysia

KUALA LUMPUR, Oct 12 — Batik Air has cancelled its scheduled flight from Kuala Lumpur International Airport (KLIA) to Jeddah, Saudi Arabia, today as a precautionary measure amid the ongoing conflict. In a statement today, the airline said the decision was made following an assessment of the … Read at Malay Mail

Action Taken
Updated 15 minutes ago First seen about 11 hours ago
Corroborated 3 Newsrooms

EU to cap Chinese hybrid vehicle imports at 350,000 a year

Image via The Edge Malaysia

BRUSSELS, Oct 12 — The European Union will cap imports of hybrid vehicles from China to 350,000 a year, a senior EU official said today, after Brussels and Beijing agreed to moderate such exports. “This will cut by more than half the current exports to the EU, which we estimate are likely to reach … Read at Malay Mail

National / Federal Impact
Updated about 2 hours ago First seen about 9 hours ago
Corroborated 6 Newsrooms

1MDB in talks to settle lawsuit with Deutsche Bank

Image via The Edge Malaysia

PUTRAJAYA, Oct 12 — 1Malaysia Development Berhad (1MDB) is in talks with Deutsche Bank (Malaysia) Berhad to settle a lawsuit filed against the bank. 1MDB’s counsel, Datuk Lim Chee Wee, informed the Federal Court of the settlement talks during proceedings today before a three-member panel led by … Read at Malay Mail

Updated about 6 hours ago First seen about 8 hours ago
Corroborated 7 Newsrooms

Distribution of one-off aid for taxi, rental car drivers to begin Wednesday

Image via The Edge Malaysia

PUTRAJAYA: The one-off special financial aid of RM1,000 for 38,000 taxi and rental car drivers will be distributed in phases starting this Wednesday, says transport minister Loke Siew Fook. Speaking at a press conference here today, Loke said the distribution would begin with an initial group … Read at Free Malaysia Today

Updated about 4 hours ago First seen about 5 hours ago
Corroborated 3 Newsrooms

Six financial institutions to underwrite 165m units of IOIPG Malaysia REIT Main Market IPO

Image via The Edge Malaysia

KUALA LUMPUR (Oct 12): IOIPG Malaysia REIT has entered into an underwriting agreement with a group of six financial institutions for its initial public offering (IPO) on the Main Market. The underwriting agreement with Maybank Investment Bank Bhd, AmInvestment Bank Bhd, CIMB Investment Bank Bhd, … Read at The Edge Malaysia

Action Taken
Updated 15 minutes ago First seen about 2 hours ago
Corroborated 2 Newsrooms

Govt in talks with TNB, regulator on electricity subsidy measures for 2027

Image via The Edge Malaysia

The government is in discussions with Tenaga Nasional Bhd (KL:TENAGA) and the Energy Commission (EC) on measures it can take to subsidise households’ electricity next year, as fuel costs are expected to remain elevated. … Read at The Edge Malaysia

National / Federal Impact
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