Business, markets and economy news from Malaysia.
Yoshitha Rajapaksa, 38-year-old son of former Sri Lankan president Mahinda Rajapaksa, has been arrested on corruption charges involving state fund misappropriation for military training abroad, marking an escalation in prosecutions against the influential political family.
Prime Minister Anwar Ibrahim has signalled Malaysia's ambition to dramatically expand cooperation between ASEAN and Russia, spanning energy, technology, and cultural exchange, while expressing frustration over international inaction on Gaza.
Prime Minister Anwar Ibrahim has lauded the completion of the Asean-Russia Strategic Programme on Trade and Investment Cooperation 2026-2035, calling it a crucial catalyst for expanding regional economic ties.
Vietnam has enacted Decree No. 208, requiring airlines to compensate passengers for flight delays exceeding 15 minutes starting next month. The regulation establishes clear compensation levels and carrier obligations.
Thai authorities have dismantled a suspected illegal forex investment network across five provinces, freezing 77 bank accounts and seizing assets worth millions of baht in what officials describe as a major victory against economic crime.
Malaysia's top officials have highlighted the Tokoh Maal Hijrah awards as exemplifying the qualities Muslims should emulate in service to their communities, with recognition given to scholars advancing Islamic knowledge and values.
A Malaysian minister has called for balancing humanitarian concerns with legal requirements in addressing the Rohingya situation, as public discourse intensifies over the community's presence in the country.
Timor-Leste President Jose Ramos-Horta has commended Malaysia's diplomatic relations and regional role, praising Anwar Ibrahim's leadership while expressing confidence in his nation's ASEAN hosting plans for 2029.
Thailand's Prime Minister Anutin Charnvirakul has welcomed reports of a ceasefire agreement between the United States and Iran, saying any breakthrough in West Asia would benefit the global economy and help stabilise energy prices.
Vietnamese police have dismantled a criminal network stealing pets for the meat trade, rescuing more than 400 cats and reuniting at least 40 with their owners. Nine suspects face charges following the bust in Ho Chi Minh City.
Timor-Leste President Jose Ramos-Horta concluded a five-day special visit to Malaysia, emphasizing strengthened bilateral relations and inviting Malaysian investors to tap infrastructure opportunities in the newly integrated ASEAN member.
A new study from the Coalition Against Piracy reveals that consumers using illegal streaming services face significant cybersecurity threats including malware, identity theft, and financial fraud, with nearly half of tested pirate apps containing malicious code.