Today's top Malaysian news, sport and lifestyle.
Malaysia's economy expanded 5.8% in the second quarter of 2026, exceeding forecasts and validating the government's reform agenda. PM Anwar Ibrahim cautioned that sustaining this momentum requires deeper structural improvements across key sectors.
Prime Minister Anwar Ibrahim has acknowledged that while Malaysia's second quarter GDP growth exceeded forecasts, many ordinary citizens and micro, small and medium enterprises continue to face financial hardship, signalling the uneven nature of the nation's economic recovery.
Malaysia's government has decided against revising its fiscal projections for Budget 2027 despite rising oil prices inflating subsidy costs by RM40 billion in the first half of 2026, according to Deputy Finance Minister Liew Chin Tong.
Prime Minister Anwar Ibrahim has attributed Malaysia's second-quarter GDP growth to three years of government reforms and policies that have strengthened the nation's economic fundamentals.
Malaysia's second quarter economy expanded 5.8%, up from 5.4% in the first quarter of 2026, prompting Prime Minister Anwar Ibrahim to express optimism about the nation's economic trajectory.
Malaysia's Alipay+ ecosystem recorded explosive growth in 2025, with foreign tourist QR payments nearly doubling to RM824 million, driven by seamless integration with DuitNow and expanded merchant access.
Malaysia's Essential Goods Distribution Programme has successfully narrowed price gaps between urban and rural areas, with RM250 million allocated this year benefiting 1.03 million residents across six states.
Malaysia's government has pledged to approve data centre projects solely after verifying that energy and water capacity can sustain both public needs and industrial demands, with a dedicated task force reviewing each application.
Malaysia's government is leveraging the PAKW basic living expenditure framework to design targeted interventions addressing cost-of-living disparities between urban and rural areas, with data showing significant spending variations across states.
Malaysia's parliament has passed the National Trust Fund (KWAN) Bill 2026, broadening the sovereign wealth mechanism beyond oil and gas to encompass the country's full spectrum of natural resource wealth and ensure intergenerational stewardship.
An investment strategist has cautioned Malaysia against blindly copying large petroleum reserve programmes from wealthier nations, recommending instead a carefully calibrated approach that prioritises cost-effectiveness and fiscal sustainability.
Malaysia's fiscal deficit is projected to reach 3.6 per cent of GDP in 2026, marginally above the government's 3.5 per cent target, as an additional RM25 billion fuel subsidy allocation is absorbed through revenue growth and expenditure adjustments rather than increased borrowing.
Tan Sri Ahmad Badri Mohd Zahir has been appointed chairman of the Federal Land Development Authority, bringing three decades of experience from senior roles in finance and major national institutions.
Malaysia is modernizing its Technical and Vocational Education and Training framework through direct industry recognition and accreditation reforms, aiming to bridge the skills gap and enhance graduate employability across advanced technology sectors.
Prime Minister Anwar Ibrahim has defended Malaysia's fuel pricing, stating that subsidised RON95 petrol at RM1.99 per litre remains more affordable than in major oil-producing nations including Saudi Arabia and Qatar.
Malaysia's Economy and Investment ministries have been tasked with reviewing proposals from the plastics industry as the sector grapples with ongoing global supply chain challenges.
Prime Minister Anwar Ibrahim has instructed MITI and the Economy Ministry to work with manufacturers struggling under global supply chain pressures, with particular focus on the plastics industry that underpins multiple sectors.
Malaysia's targeted incentive programmes have substantially increased agricultural self-sufficiency, with beef production rising to 18.4% and dairy reaching 81.8% in 2025, signalling progress towards food security amid global challenges.
Malaysia's rice reserves can sustain domestic demand for six months, Economy Minister Akmal Nasrullah Mohd Nasir announced. The government guarantees Local White Rice prices will not increase, while distributing RM45.98 million to support paddy farmers.
Deputy Prime Minister Ahmad Zahid Hamidi has assured that Malaysia's technical and vocational graduates will enjoy near-universal employment prospects through strengthened partnerships between educational institutions and industry players.
Entrepreneur Minister Steven Sim has urged Malaysian businesses to view artificial intelligence as a tool for expanding capacity rather than reducing workforce costs, warning that short-sighted redundancy strategies will prove counterproductive.
Deputy Prime Minister Fadillah Yusof has assured Malaysians that the country's energy supply remains stable and uninterrupted, despite growing tensions in the Strait of Hormuz. Petronas and the Prime Minister are actively negotiating to maintain security.
The 16th Johor state election has generated significant revenue for small businesses, with boat operators reporting doubled bookings and food vendors experiencing brisk sales at polling stations.
Investment banks have lifted Malaysia's 2026 economic growth forecast to 4.5%, buoyed by robust export performance and steady domestic activity. The central bank is expected to maintain interest rates at 2.75% throughout the year amid contained inflation.
Malaysia's tourism industry association is challenging the government's exclusion of licensed tourism transport operators from diesel subsidies, arguing the policy overlooks domestic travellers and threatens affordability in the sector.
Deputy Prime Minister Ahmad Zahid Hamidi has confirmed the Cabinet will review Barisan Nasional proposals on e-invoicing and the 2% mandatory EPF contribution for foreign workers, responding to business community concerns.
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Prime Minister Anwar Ibrahim has expressed Malaysia's commitment to deepening ties with enterprise software giant SAP to advance the nation's digital transformation agenda and nurture a skilled technology workforce.
Malaysia's household food waste correlates directly with rising incomes and changing consumer behaviour, according to Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin. Urban areas and wealthy states show higher wastage rates as consumption patterns shift beyond necessities.
The government-backed Syarikat Jaminan Pembiayaan Perniagaan has greenlit nearly RM5 billion in financing for thousands of small businesses in the first half of 2026, signalling continued commitment to MSME growth amid global economic headwinds.
Lawmakers will press the government on MSME financing challenges and Malaysia's slipping media freedom ranking during today's parliamentary session, with questions spanning business support and constitutional reform.
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has called for Malaysia's rural development strategy to integrate with global economic priorities, positioning the National Rural Economic Agenda as a critical blueprint for balanced national growth.
The ringgit is expected to rebound from June's weakness as Bank Negara Malaysia intensifies efforts to attract foreign-exchange inflows. Analysts forecast the currency could strengthen to 3.80-3.95 per dollar by year-end, bolstered by Malaysia's robust export performance and strong demand for local bonds.
Deputy Prime Minister Ahmad Zahid Hamidi has urged rural Malaysia to adopt a regional and global outlook, emphasising that domestic development alone is insufficient for sustainable growth in competitive international markets.
Malaysia's small business association is pushing for periodic transparency reports from MSME financing agencies and stronger whistleblower protections to stamp out cronyism and political interference in loan approvals.
CIMB Treasury projects Bank Negara Malaysia will maintain its overnight policy rate at 2.75 per cent this week as retreating global oil prices diminish inflationary pressures, though second-round inflation risks remain a consideration.
Deputy Prime Minister Datuk Seri Fadillah Yusof has stressed that Malaysia's future prosperity hinges on cultivating high-quality human capital rather than relying solely on economic or technological strength.
Prime Minister Anwar Ibrahim has unveiled ambitious targets for the newly-launched Bakat Madani programme, which aims to provide support and opportunities to 25,000 Malaysians during its inaugural year of implementation.
Deputy Prime Minister Ahmad Zahid Hamidi has announced plans to restructure Malaysia's foreign worker management framework to improve efficiency, boost coordination among agencies, and better align policies with economic sector requirements.
Malaysia's Finance Minister says the government will continuously refine the BUDI Diesel subsidy programme based on actual usage patterns and stakeholder feedback, with adjustments made to reflect real-world consumer behaviour rather than arbitrary cuts.
Malaysia's National Semiconductor Strategy has attracted more than RM85 billion in approved investments through December 2025, with significant progress in workforce development and smart factory adoption across manufacturing sectors.
Malaysia is grappling with a surge of undocumented foreigners running illegal businesses, displacing local entrepreneurs across sectors. Despite ministerial pledges to act, questions linger about enforcement capacity and political will.
Prime Minister Anwar Ibrahim has dismissed suggestions that any state has been overlooked in the government's national development agenda, emphasizing Johor's prominent role in the country's economic expansion strategy.
The federal government has inherited nearly RM1 billion in annual debt obligations from Felda, stemming from historical administrative mismanagement, Prime Minister Anwar Ibrahim disclosed in Johor Baru.
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Prime Minister Anwar Ibrahim has launched SParK 2026, a comprehensive entrepreneurship framework aimed at strengthening Bumiputera business participation. Permodalan Nasional Bhd commits RM2.25 billion in financing support.
Malaysia's Subsidised Diesel Control System has opened applications for small business owners operating company vehicles including jeeps and pickup trucks, with subsidy eligibility beginning July 15.
Prime Minister Anwar Ibrahim has unveiled an extra RM10 million allocation for taxi drivers, acknowledging their crucial role as frontliners who shape Malaysia's international image to visitors.
Malaysia's BUDI MADANI Diesel programme has reached nearly 200,000 private diesel vehicle owners in its opening three days, with Treasury officials confirming a smooth implementation and minimal technical issues during the rollout.
Malaysia's government is ramping up efforts to educate small traders and entrepreneurs about micro-financing schemes worth over RM5 billion, with Treasury officials and bank leaders visiting markets to boost awareness and accessibility.
Malaysia's MADANI Taxi Reform Programme marks a significant shift in the taxi industry, enabling drivers to own their vehicles outright rather than lease them. The initiative features Proton S70 sedans and introduces digital advertising and e-hailing integration.
Malaysia's Human Resources Ministry is pushing to convert RM100 million in PTPK vocational training loans into grants, citing hardship faced by students who forgo employment during their studies.
Malaysia's unemployment rate declined to 2.9 per cent last year from 3.2 per cent in 2024, with the government crediting expanded technical and vocational training programmes for the improvement.
Malaysia's Ministry of Domestic Trade and Cost of Living has unveiled a nationwide campaign in partnership with e-commerce platform Shopee and the Royal Malaysian Police to combat the escalating threat of online fraud, which has cost consumers billions of ringgit.
Prime Minister Anwar Ibrahim has highlighted Ant International's establishment of its Global Operations Centre in Kuala Lumpur as pivotal to Malaysia's ambitions as a regional digital and artificial intelligence hub, emphasising job creation and inclusive growth.
Malaysia's tourism ministry is calling for tour bus operators and industry groups to urgently submit diesel usage records and cost comparisons to help determine appropriate financial support following fuel price increases.
Malaysia's household debt has climbed to RM1.73 trillion as of end-March 2026, equivalent to 84.4 per cent of GDP, according to Prime Minister Datuk Seri Anwar Ibrahim, reflecting mounting financial pressures on Malaysian families.
Malaysia has launched an expanded BUDI Diesel subsidy scheme benefiting 700,000 private vehicle owners nationwide at RM2.10 per litre, representing a significant expansion from the previous scheme that aided 180,000 recipients.
Malaysia's Housing Credit Guarantee Scheme has assisted over 93,555 first-time homebuyers to date, with RM18 billion still available. The government aims to reach 100,000 beneficiaries by year-end, including gig economy workers.
Malaysia's Investment Minister Datuk Seri Johari Abdul Ghani has called for the World Trade Organization to fundamentally reshape itself to address contemporary economic concerns including supply chain resilience and technological competition.
Malaysia's Rahmah MADANI Sales Programme achieved 15,881 events nationwide between January and June 2025, covering all 600 state constituencies and 40 Federal Territory zones. The government aims to expand to 30,000 annual events.
Malaysia's government is executing 120 decisions through its National Economic Action Council to address the global supply crisis, with 27 fully implemented and 93 in progress, focusing on protecting MSMEs and essential goods supply.
Prime Minister Anwar Ibrahim has launched the Bakat MADANI initiative, a collaborative effort involving government-linked companies and Petronas aimed at developing 25,000 individuals through skills training and employment opportunities in high-growth sectors.
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Prime Minister Datuk Seri Anwar Ibrahim has committed government support to establish Malaysia as a leading drone technology hub, outlining plans for enhanced regulations, research investment, and private-sector partnerships.
Malaysia's government is intensifying efforts to help micro, small and medium enterprises benefit from the booming wholesale and retail sector, which recorded RM175 billion in sales in April 2026.
Prime Minister Anwar Ibrahim has called on Malaysia to rapidly advance its unmanned aerial vehicle sector, citing the global drone market's projected growth to USD55 billion by 2030 and the industry's intersection with AI and digital transformation.
Prime Minister Anwar Ibrahim's recent working visits to Russia and Turkmenistan have yielded tangible economic results, with the government spokesman crediting these diplomatic missions for the diesel price cuts announced last week.
Malaysia saw 42,807 job losses in the first half of 2024, with business closures and company downsizing responsible for over 40 percent. The Human Resources Minister dismissed AI as a primary threat, pointing instead to structural economic challenges.
Malaysia's labour market has remained stable through the first half of 2026, with job losses declining 20 per cent to 6,197 unemployed individuals. Economy Minister Akmal Nasrullah credited government intervention programmes for helping workers return to employment.
Malaysia's Petronas petrol station network has assured stable fuel supplies extending through August, covering roughly half the nation's domestic consumption. A dedicated crisis management task force now monitors energy security.
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Prime Minister Anwar Ibrahim holds the strongest approval rating among Malaysian political leaders, according to a Merdeka Center survey, though economic challenges weigh heavily on voter sentiment across the nation.
Malaysia's KUSKOP ministry has unveiled a strategic plan to boost micro and small enterprises' digital competitiveness, introducing platforms like MyMall and partnering with TikTok Shop to help local traders compete with foreign rivals.
Malaysia's Finance Ministry is prepared to consider modifications to the BUDI Diesel subsidy programme if usage data warrants changes, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
Prime Minister Anwar Ibrahim has attributed Malaysia's improved showing in the 2026 World Competitiveness Ranking to the dedication and efficiency of the nation's civil service sector.
Housing and Local Government Minister Nga Kor Ming has underscored the importance of sustained policy continuity under the MADANI framework to ensure Malaysia's economic reforms translate into lasting gains and maintain investor confidence.
Malaysia's Competition Commission has completed a comprehensive review of the housing market and found no evidence of anti-competitive practices affecting property prices or residential packages, according to the Deputy Minister for Domestic Trade.
Malaysia's workforce union membership remains at just six per cent despite government efforts to boost participation. The Human Resources Ministry is allocating RM6.1 million to strengthen worker organisations and improve awareness of union benefits.
Prime Minister Datuk Seri Anwar Ibrahim has convened the 149th meeting of Menteris Besar and Chief Ministers to chart a unified approach toward revitalising Malaysia's economy, as geopolitical instability in the Middle East poses fresh challenges to regional growth.
Malaysia's state leaders gathered for their 149th meeting to chart strategies for economic recovery amid geopolitical tensions and climate challenges, emphasizing integrated policy implementation.
Malaysia's government will implement the BUDI MADANI Diesel programme from July, capping diesel prices at RM2.10 per litre for eligible vehicle owners. The targeted subsidy reform is projected to save RM2 billion annually by curbing fuel leakages.
Prime Minister Anwar Ibrahim has committed to eliminating the mistreatment of Bangladeshi migrant workers, emphasizing their vital role in sustaining Malaysia's economic growth and development.
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Sarawak officials warn that the collapsed Phase One of the Tambirat Waterfront project will likely trigger litigation, postponing Phase Two construction and an international regatta scheduled for the site.
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TEKUN Nasional is piloting a 24-hour approval system for loans under RM20,000 to help MSMEs access working capital faster. The initiative launches within two to three months.
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The Malaysian government has announced a reduction in subsidised diesel to RM2.10 per litre from July 2026, bringing welcome relief to transport-dependent workers and small business operators nationwide.
Prime Minister Anwar Ibrahim announced subsidised diesel will be capped at RM2.10 per litre starting July 2026, introducing targeted subsidy reforms verified through MyKad to align with the BUDI MADANI RON95 programme.
Malaysia's immediate inflation environment looks steady, yet the economy faces underlying structural vulnerabilities to commodity price movements and ringgit volatility that could disrupt price stability.
Johor's Umno division is pressuring the federal administration to dismantle bureaucratic obstacles and speed up crucial development initiatives across the state, reinforcing recent instructions from the Tunku Mahkota Ismail Sultan Ibrahim.
Prime Minister Datuk Seri Anwar Ibrahim says Petronas's expanded involvement in Turkmenistan's energy sector positions Malaysia to access vast global gas reserves and enhance its standing in international energy markets.
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Johor's participation in the HRD Corp ecosystem reached 13,425 registered employers last year, directly supporting nearly 480,000 workers through skills development initiatives and RM208.21 million in levy collections.
Prime Minister Anwar Ibrahim has signalled Malaysia's economic transition toward high-technology industries, positioning semiconductors and artificial intelligence as pillars of the nation's future growth strategy.
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Prime Minister Datuk Seri Anwar Ibrahim has announced an extra RM1 million for the Tabung Kasih@HAWANA welfare fund and renewed backing for the Media Innovation Fund, drawing industry praise for supporting both journalist welfare and media sector modernisation.
Prime Minister Anwar Ibrahim has stressed that government-backed and private development projects must create genuine opportunities for middle- and lower-income communities to prevent widening inequality across Malaysian society.
Prime Minister Anwar Ibrahim has highlighted how Malaysia's commitment to neutrality and engagement with all nations is bolstering investor confidence and fuelling economic expansion across the region.
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Prime Minister Anwar Ibrahim has praised efforts to reduce US-Iran tensions while warning that escalating geopolitical conflicts impose the heaviest toll on the world's poorest citizens, with particular implications for Southeast Asia.
Prime Minister Anwar Ibrahim has characterised Petronas's stake in a major Turkmenistan gas field as evidence of international confidence in Malaysia's political stability, national unity, and economic strength.
Malaysia's Competition Commission and Department of Statistics have partnered to share data and expertise, aiming to strengthen competition enforcement and economic analysis across the country's key sectors.
Prime Minister Anwar Ibrahim has indicated Malaysia will seriously pursue settling international commerce using local currencies rather than traditional foreign exchange. The move mirrors existing bilateral arrangements with China.
Prime Minister Anwar Ibrahim has instructed authorities to accelerate the rollout of visa-free travel for Russian tourists to Malaysia, aiming to strengthen the nation's tourism recovery and economic growth.
Malaysia's proposed carbon tax remains under review as the government refines implementation details, Natural Resources Minister Datuk Seri Arthur Joseph Kurup confirmed at the Malaysia Palm Carbon Conference.
Prime Minister Anwar Ibrahim has welcomed the completion of a strategic trade and investment framework between Asean and Russia spanning 2026-2035, describing it as a significant opportunity to deepen economic cooperation despite challenges ahead.
Malaysia's government-linked investment companies are ramping up support for Bumiputera businesses, pledging RM2 billion in 2026 compared with RM1.3 billion previously, reflecting renewed focus on indigenous entrepreneurship.