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Consensus news for Malaysia
Updated

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

Updated about 6 hours ago First seen about 10 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

Contributing Coverage (12 articles)

Updated about 3 hours ago First seen about 8 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

Contributing Coverage (8 articles)

Updated about 6 hours ago First seen about 10 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

Contributing Coverage (12 articles)

Updated about 2 hours ago First seen about 15 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

Contributing Coverage (4 articles)

Updated about 1 hour ago First seen about 12 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

Contributing Coverage (6 articles)

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

Contributing Coverage (6 articles)

Updated about 7 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

Contributing Coverage (7 articles)

Updated about 5 hours ago First seen about 6 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

Contributing Coverage (3 articles)

Updated about 1 hour ago First seen about 3 hours ago
Corroborated 2 Newsrooms

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

Image via The Edge Malaysia

KUALA LUMPUR (Oct 12): 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. This comes as the higher monthly household consumption … Read at The Edge Malaysia

National / Federal Impact

Contributing Coverage (2 articles)

Updated about 1 hour ago First seen about 6 hours ago
Corroborated 4 Newsrooms

Loke: Tax exemption extension to attract shipping firms to Malaysia

Image via The Edge Malaysia

PUTRAJAYA (Oct 12): A 10-year extension of income tax exemptions is expected to encourage more shipping companies to register their vessels in Malaysia rather than in other countries offering tax incentives, Transport Minister Anthony Loke said. Speaking at a news conference here on Monday, Loke … Read at The Edge Malaysia

Contributing Coverage (5 articles)

Updated about 7 hours ago First seen about 10 hours ago
Corroborated 6 Newsrooms

Tabung Haji systems resume after cyberattack, depositors’ savings confirmed safe

Image via The Edge Malaysia

KUALA LUMPUR, Oct 12 — Lembaga Tabung Haji’s (TH) key systems and services have resumed operations following a temporary suspension due to a cyberattack on Oct 8, with depositors’ savings confirmed to be safe. In a statement today, TH announced that the reactivation of these key systems and … Read at Malay Mail

Contributing Coverage (7 articles)

Updated about 1 hour ago First seen 1 day ago
Corroborated 9 Newsrooms

Malaysia, Jordan eye stronger high-tech cooperation to develop more engineers — Anwar

Image via The Edge Malaysia

PUTRAJAYA (Oct 12): Malaysia and Jordan are seeking to expand strategic cooperation in high-tech industries, particularly semiconductors and advanced technical education and training, to develop more engineers and skilled workers for future industry needs. Prime Minister Datuk Seri Anwar Ibrahim … Read at The Edge Malaysia

Contributing Coverage (29 articles)

Updated about 1 hour ago First seen about 6 hours ago
Corroborated 2 Newsrooms

Matrade welcomes Budget 2027, RM60 mil allocation to strengthen MSME exports

Image via The Edge Malaysia

KUALA LUMPUR (Oct 12): The RM60 million allocation made by the government under Budget 2027 to the Malaysian External Trade Development Corporation (Matrade) can help to build the capability of local companies to penetrate and diversify into export markets. The national trade promotion agency said … Read at The Edge Malaysia

Action Taken

Contributing Coverage (2 articles)

Updated about 1 hour ago First seen 2 days ago
Corroborated 6 Newsrooms

Semantan Estate files fresh suit seeking sale of RM13b Duta Enclave land or recompense

Image via The Edge Malaysia

KUALA LUMPUR, Oct 12 — Semantan Estate (1952) Sdn Bhd has initiated new legal proceedings against the federal government, seeking a court order to compel the sale of the 263.272-acre Duta Enclave in Kuala Lumpur and distribute the proceeds, or award compensation based on its current market value, … Read at Malay Mail

Action Taken

Contributing Coverage (7 articles)

Updated about 2 hours ago First seen about 11 hours ago
Corroborated 3 Newsrooms

Banking stocks lift Bursa Malaysia on Budget 2027 measures

KUALA LUMPUR, Oct 12 —Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth. At 5pm, … Read at Malay Mail

Contributing Coverage (8 articles)

Updated about 4 hours ago First seen 3 days ago
Corroborated 10 Newsrooms

Mohamad Hasan: Malaysia to raise haze issue at Asean foreign ministers’ meeting

Image via The Edge Malaysia

SEPANG (Oct 12): Malaysia will raise the issue of transboundary haze at an Asean foreign ministers’ meeting ahead of the bloc’s 49th Summit in Manila, the Philippines, next month to discuss more effective regional mechanisms to tackle the problem. Foreign Minister Datuk Seri Mohamad Hasan said the … Read at The Edge Malaysia

Action Taken

Contributing Coverage (22 articles)

Updated about 1 hour ago First seen 3 days ago
11 Newsrooms

Govt willing to consider use of foreign worker levies to fund mechanisation, says Treasury secgen

Image via The Edge Malaysia

KUALA LUMPUR (Oct 12): The government is open to looking into the suggestion that a portion of foreign worker levy collections be used to fund mechanisation to reduce reliance on foreign labour, said Treasury secretary general Tan Sri Johan Mahmood Merican. Proposals for incremental revenue from … Read at The Edge Malaysia

Action Taken

Contributing Coverage (40 articles)

Updated about 8 hours ago First seen about 11 hours ago
Corroborated 2 Newsrooms

AirAsia in talks with govt over potential funding support — Reuters

Image via The Edge Malaysia

HONG KONG (Oct 12): AirAsia (KL:AAGB) co-founder Tan Sri Tony Fernandes met with officials from Malaysia's Finance Ministry two weeks ago to discuss potential government support for Southeast Asia's largest low-cost airline, said three people with knowledge of the matter. The talks reflect growing … Read at The Edge Malaysia

National / Federal Impact

Contributing Coverage (2 articles)

Updated about 1 hour ago First seen about 2 hours ago
Corroborated 2 Newsrooms

IJM bags RM1.23 bil contract to build AT&S semiconductor manufacturing facilities in Kedah

Image via The Edge Malaysia

KUALA LUMPUR (Oct 12): IJM Corporation Bhd (KL:IJM) has secured a RM1.23 billion contract from AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd to construct semiconductor manufacturing facilities at the Kulim Hi-Tech Park in Kedah. AT&S Malaysia is a subsidiary of Vienna-listed Austria … Read at The Edge Malaysia

Contributing Coverage (2 articles)

Updated about 1 hour ago First seen about 4 hours ago
Corroborated Single Source

Shares supported as oil retreats, focus turns to US CPI, earnings

SYDNEY: European shares and US futures edged higher on Monday after a choppy session in Asia as oil prices retreated, while investors looked ahead to key US inflation data and the beginning of the earnings season. Oil prices eased despite strikes on shipping and airports in the Gulf after US … Read at Free Malaysia Today

Contributing Coverage (1 articles)

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