Malaysia · Business
Same event, multiple sources, transparently cited.
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Malaysia's Domestic Tourism Spending Rises 15.8% to RM34 Billion in Q1 2026
Malaysia's domestic tourism expenditure rose 15.8% year-on-year to RM34 billion in the first quarter of 2026, driven by increased travel and higher visitor spending.
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Malaysia to fine social media platforms up to RM10 million for age-verification breaches
Malaysia will impose fines up to RM10 million on social media companies failing to meet age verification under the Online Safety Act 2025.
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Socso achieves over 96% claims processing compliance in 2025 with new digital systems
Socso (Perkeso) hit over 96% compliance processing claims in 2025, aided by upgraded digital platforms and stricter standards.
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Malaysia launches plan for commercial cargo and passenger drone services by 2030
Malaysia announced a national plan to establish commercial cargo and passenger drone services by 2030, with limited freight drone operations to begin in early 2027.
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Malaysia adopts RM40 pay-per-issue model for new MyKad rollout starting June 2026
Malaysia began issuing new-generation MyKad cards under a pay-per-issue model at RM40 each, with NexG Bhd supplying under a six-year contract.
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Malaysia Has Not Received Formal Extradition Request for Bestinet Founder Aminul Islam
Malaysia's Home Minister said no official extradition request has been received from Bangladesh for Aminul Islam, founder of Bestinet Sdn Bhd.
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Bitcoin Drops Below $60,000 as Tech Selloff Pressures Crypto Markets
Bitcoin fell below $60,000 on June 24, hitting its lowest since October 2024 amid broad tech stock selloff and investor risk aversion.
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Malaysia launches Budi Diesel subsidy reform with no increase in fuel quota
Malaysia implements new Budi Diesel subsidy reform on July 1, consolidating diesel subsidies without raising the 200-liter monthly quota for eligible users.
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Malaysia expands Sara programme to increase retail access and promote local products
Malaysia's government expanded the Sara programme to include more retail outlets nationwide and boost local product participation, emphasizing aid benefits to small retailers.
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Malaysia enforces age verification for social media users under 16 under new Child Protection Code
Malaysia's government requires social media providers to verify users are at least 16 using official ID documents under a new law effective June 1, 2026.
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Malaysia to launch nationwide BUDI Madani Diesel subsidy on July 1 with fuel price cuts
Malaysia will implement the BUDI Madani Diesel subsidy nationwide starting July 1, offering subsidised diesel at RM2.10 per litre and cutting some fuel prices this week.
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SK Hynix plans up to $29 billion Nasdaq ADR listing to fund AI chip expansion
SK Hynix announced plans to raise about $29 billion through a Nasdaq ADR listing to finance memory chip production growth.
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Lim Guan Eng, wife, and businesswoman to stand trial over RM11.6 million Penang corruption case
The Court of Appeal dismissed attempts to strike out corruption and money laundering charges against Lim Guan Eng, his wife Betty Chew, and businesswoman Phang Li Koon.
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Central banks raise interest rates amid inflation; Malaysia boosts efforts to support ringgit
The Bank of Japan raised rates, Fed hikes expected, and Malaysia stepped up efforts to attract foreign exchange inflows amid currency pressure.
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MSCI Delays Review of Indonesia's Emerging Market Status Until November 2026
MSCI extended its review of Indonesia’s market classification to November 2026, retaining its emerging market status for now amid reform concerns.
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US Jury Finds Boeing Not Liable for Lost Revenue in 737 MAX Grounding Lawsuit
A US jury ruled Boeing not liable for $250 million in lost revenue claimed by Polish airline LOT over 737 MAX grounding.
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Malaysia’s 149th MBs and CMs Meeting Focuses on Economic Revival Amid Global Uncertainty
Prime Minister Anwar Ibrahim chaired the 149th meeting of Malaysian Menteris Besar and Chief Ministers on June 23 in Kuala Lumpur.
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Maszlee Malik accepts debate invitation from Onn Hafiz ahead of Johor election
Former Education Minister Maszlee Malik agreed to debate Johor Menteri Besar Onn Hafiz before the Johor state vote.
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Lorry Driver Wong Tuck Meng Awarded for Stopping Runaway Bus and Saving 21 Lives
Wong Tuck Meng used his lorry to stop a runaway bus near Menora Tunnel on June 15, 2026, saving 21 passengers and was later honored in Parliament.
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Malaysia’s MACC probes transfer of three Asian elephants from Taiping Zoo to Japan
The Malaysian Anti-Corruption Commission has launched an investigation into the transfer of three Asian elephants from Taiping Zoo to Japan amid allegations of RM53 million irregularities.
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Perikatan Nasional accepts Pejuang and Parti Wawasan Negara ahead of Johor polls
Perikatan Nasional approved Parti Pejuang Tanah Air and Parti Wawasan Negara as coalition members on June 22 before Johor state election nomination day.
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Johor received RM16 billion annually in federal allocations despite RM14 billion revenue contribution, says PM Anwar
Prime Minister Anwar Ibrahim said Johor received more in federal allocations than it contributed in revenue between 2023 and 2025.
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High Court sets October 6 hearing on Altantuya family’s police investigation bid
The High Court scheduled October 6, 2026 to hear a judicial review by Altantuya Shaariibuu’s family seeking police investigation into new affidavits.
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Malaysian police probe officer over viral China video; ready to seek Interpol help on World Cup gambling
Royal Malaysian Police investigate personnel for alleged insult in China video and pledge international help against World Cup betting syndicates.