Business, markets and economy news from Malaysia.
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A former Petronas manager stands accused of leaking confidential documents to Petros, threatening to undermine sensitive negotiations between Malaysia's two state petroleum entities and raising questions about corporate governance.
Bangladesh's Prime Minister has signalled renewed openness to Malaysian investment, pitching the nation as an emerging destination with regulatory improvements and fresh commercial opportunities.
TEKUN Nasional is piloting a 24-hour approval system for micro-financing below RM20,000, set to launch within two to three months. The initiative aims to provide rapid working capital access for Malaysia's struggling small enterprises.
Penang Chinese Town Hall generated RM12.61mil in revenue during 2025, posting a small surplus of RM59,191. The organisation plans to host a major China-Asean AI cooperation forum, positioning the state as a regional technology hub.
Malaysia's e-invoicing system has prompted over 52,500 taxpayers to declare RM4.07 billion in previously unreported income since its August 2024 introduction, according to the Inland Revenue Board.
Malaysia's Competition Commission and Department of Statistics have signed a memorandum to collaborate on data sharing, economic analysis and capacity building, reflecting the government's commitment to evidence-based policymaking.
More than a century of investors have banded together to pursue legal action against an investment firm and its management for allegedly misappropriating RM20.5 million in capital placed under a failed scheme.
The Kelantan Malay Malaysian Chamber of Commerce has flagged widespread complaints from members about foreigners using marriages with local women and business partnerships to operate enterprises while evading licensing and taxation requirements.
The Malaysia Stadium Corporation's chief executive officer has entered a not guilty plea to seven charges of soliciting and accepting bribes totalling RM1.45 million in connection with a tender to upgrade the National Squash Centre.
PERHEBAT and INSKEN have launched the PUVET ATM Master Class, a pilot programme designed to transform 180 military veteran entrepreneurs into successful business owners with millionaire aspirations through intensive three-month coaching.
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The Malaysian Competition Commission has launched a formal investigation into six firms suspected of participating in a cartel to manipulate a RM5.7 million tender for the Asian Academy of Defence and Knowledge (AADK), marking a significant enforcement action against anti-competitive conduct.