Malaysia · Business
Same event, multiple sources, transparently cited.
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Hydroshoppe and director to face High Court trial over alleged RM7.5m bribery linked to KL Tower deal
Hydroshoppe Sdn Bhd and director Datuk Abdul Hamid Shaikh Abdul Razak will stand trial in the High Court over alleged RM500,000 yearly bribes for 15 years tied to KL Tower concession takeover.
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PKR names Amirudin Shari co-election director, replacing Nurul Izzah Anwar
Parti Keadilan Rakyat appointed Selangor MB Amirudin Shari co-election director, replacing Nurul Izzah Anwar after May 25 political bureau meeting.
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Michelin plans to cut 1,500 jobs in France over three years to lower costs
Michelin announced plans to cut 1,500 jobs in France through voluntary buyouts to reduce high operating costs over three years.
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LRT train derails near Kuala Lumpur's Chan Sow Lin station, 25 passengers safe
An Ampang/Sri Petaling Line train derailed near Chan Sow Lin station on May 28, with all 25 passengers evacuated without injuries.
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Lingkaran Cekap starts road charges for vehicles entering Genting Highlands on May 28, 2026
Lingkaran Cekap Sdn Bhd will begin collecting road charges at Genting Highlands entry points from May 28, 2026, with phased discounts for permanent residents starting June 28.
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Japan warned of possible naphtha supply shortage by end of June amid energy supply assurances
Former Marubeni president Fumiya Kokubu warned Japan may face a naphtha product shortage as early as end of June due to lost Middle East supplies.
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Indonesia Blocks Polymarket Citing Illegal Online Gambling Over Prabowo Bet
Indonesia blocked Polymarket on May 25, 2026, after it offered wagers on President Prabowo Subianto’s early term end date.
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Malaysia reports 7,057 job losses in April with government pledging swift response
Malaysia saw 7,057 job losses in April 2026, a 21% rise from March, with the government promising measures within two weeks to aid workers.
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Jonathan Andic steps down as Mango vice-chair amid investigation into father's death
Jonathan Andic has temporarily stepped down as Mango's vice-chair after being named a suspect in the investigation of his father Isak Andic's death.
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Malaysia postpones rollout of new international passport originally set for June 1
Malaysia announced today the rollout of its new international passport, scheduled for June 1, is postponed to a later date.
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Public Bank to return RM3.5 billion to shareholders via special dividends over three years
Public Bank Bhd announced a RM3.5 billion capital return plan to shareholders through special dividends over the next three years.
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KTM Segambut Utara station opens in Kuala Lumpur to enhance public transit access
KTM launched the Segambut Utara station on May 15, 2026, adding a new stop on the KTMB network to serve nearly 90,000 residents.
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Penang government rejects RM818 million Batu Kawan Industrial Park 2 bid amid assembly clash
Penang Chief Minister Chow Kon Yeow and Lim Guan Eng clashed over the rejection of an RM818 million bid for BKIP2 land today.
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Amazon’s AI Success Pushes Market Value Above $2.9 Trillion
Amazon’s stock surged 36% since March 27, 2026, driving its market cap past $2.9 trillion on AI-driven growth.
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Japan announces ¥3 trillion extra budget to subsidize energy costs amid Middle East tensions
Japan’s government will add a ¥3 trillion ($19 billion) budget to subsidize fuel and energy amid rising prices and Middle East geopolitical tensions.
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Malaysia posts 587,801 online job vacancies in Q4 2025, led by services sector
Malaysia recorded 587,801 online job vacancies in Q4 2025, with the services sector dominating and professional roles leading demand.
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Malaysia’s RTD seizes 1,814 luxury vehicles in crackdown on expired road tax since 2025
Malaysia’s Road Transport Department has seized 1,814 luxury vehicles nationwide for expired road tax since 2025, including high-end marques such as Porsche and Lamborghini.
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Tether to launch GELT stablecoin backed by Georgian Lari with government support
Tether announced plans to launch GELT, a Georgian Lari stablecoin, backed by collaboration with Georgia’s government.
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Malaysia Airlines receives its 200th Boeing aircraft with fourth 737-8 in 2026
Malaysia Airlines took delivery of its 200th Boeing aircraft with its fourth 737-8 this year, expanding its modern fleet.
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Former Finance Minister Tengku Zafrul to testify in Muhyiddin graft trial on July 6
Datuk Seri Tengku Zafrul Abdul Aziz will be the 11th prosecution witness in former PM Muhyiddin Yassin's graft and money laundering trial starting July 6.
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Malaysia Keeps Fuel Supply Stable Amid Middle East Tensions and Lowers Some Domestic Fuel Prices
Prime Minister Anwar Ibrahim assured stable fuel supplies and announced price cuts for RON97 and diesel from May 28 to June 3 in Malaysia.
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JPJ suspends then swiftly restores online vehicle ownership transfer service after fraud complaints
Malaysia’s Road Transport Department suspended its online vehicle ownership transfer service on May 25, then restored it the same day following government intervention.
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Three workers killed and one injured during lifeboat maintenance at Petronas Sepat platform
Three contractors died and one was critically injured when a lifeboat fell into the sea at Petronas Sepat platform on May 24, 2026.
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Malaysia allocates over RM5 billion in micro-financing to support 400,000 micro-entrepreneurs in 2026
The Malaysian government has set aside more than RM5 billion in micro-financing for 2026 to aid over 400,000 micro-entrepreneurs nationwide.