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BUSINESS1h agoYoung Malaysians’ US$1.3bn short-term credit spree sparks warning over bad debtMalaysians aged 30 and below bought some 5.4 billion ringgit (US$1.32 billion) worth of goods and services on short-term credit in the first half of this year, the country’s Finance Ministry has revealed. The ministry said it had recorded 65.9 million “buy now, pay later” (BNPL) purchases among younger consumers in the first six months of 2026 – equivalent to more than one in three, or 37.9 per cent, of total purchases nationwide. As of June 30, the outstanding BNPL financing balance among this...South China Morning Post
WORLD22h ago5 Malaysian nationals arrested for alleged smuggling of cocaine hidden in shoesThe Metropolitan Police Department’s Drug and Firearm Control Division and Haneda Customs have arrested five Malaysian nationals — three men and two women aged 19 to 26 —…Japan Today
DISASTER23h agoMalaysia’s Firefly cancels flights to Singapore over haze from IndonesiaMove comes as haze from Indonesian fires makes Singapore and Kuala Lumpur the world’s most polluted cities.Al Jazeera [en]
DISASTER1d agoHow a detour saved a Malaysian trekker from jaws of deadly Nepal floodsIt was a detour that saved his life. Malaysian Low Hock Meng, a 71-year-old veteran trekker, had set off on his own in Nepal. He wanted to explore the Tamang trail, Langtang Valley and Gosaikunda. Along his journey, he made the decision to visit the Nagathali viewpoint for a glimpse of Tibet on August 25. Low then made his way down towards Thuman en route to Lingling in Nepal’s Bagmati province on August 26. That is when he realised that something was seriously wrong. When he looked at Syapru...South China Morning Post
BUSINESS1d agoBitdeer AI enters into eight-year agreement for A103 data center in MalaysiaBitdeer AI has signed an eight-year agreement for a data center in Malaysia. This marks a significant business expansion for the company in the technology sector.Seeking Alpha Tech
BUSINESS1d agoSeadrill secures $420M Indonesia rig award, extends work in Malaysia and AngolaSeadrill has secured a $420 million rig award in Indonesia and extended its operations in Malaysia and Angola. This matters as it reflects significant new business and continued operations for the company in the energy sector.Seeking Alpha Tech
POLITICS1d agoSmokescreen politics? Malaysians mock Indonesian official’s ‘we send oxygen’ haze defenceMalaysians have reacted with sarcasm and disbelief to an Indonesian official’s claim that his country provides the region’s oxygen, as toxic smoke from forest fires in Sumatra and Kalimantan chokes neighbouring nations. Syahganda Nainggolan, head of Indonesia’s government communications agency, prompted the backlash after invoking his country’s forests when questioned on Saturday about the severe smog that has forced school closures and triggered health warnings across Malaysia and...South China Morning Post
POLITICS1d agoMalaysian PM Anwar’s new budget tackles graft, but critics ask: is it too late?With his reformist credentials battered by coalition compromises and a looming general election, Malaysian Prime Minister Anwar Ibrahim has used his 2027 budget to launch a fresh wave of anti-corruption measures. But as his government nears its four-year mark, analysts warn that restoring public confidence will require more than additional funding and tighter legislative oversight. The measures, announced when Anwar presented Malaysia’s 2027 budget on Friday, include 1.1 billion ringgit (US$269...South China Morning Post
WORLD2d agoCocaine under shoe insoles? 5 Malaysian nationals arrested on suspicion of smugglingFive Malaysian nationals have been arrested on suspicion of cocaine smuggling, with the drugs reportedly concealed under shoe insoles. This highlights an international effort to combat drug trafficking and the methods employed by smugglers.Asahi Shimbun
BUSINESS2d agoShares in Malaysia’s Genting tumble by most in 28 yearsShare in Genting plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit (US$306 million) through a renounceable rights issue. The stock fell as much as 17 per cent to 1.56 ringgit, the biggest decline since 1998. The issue price would be fixed at a discount ranging between 25 and 30 per cent, Genting said in a bourse filing on Friday, adding that proceeds raised would be used to repay its...South China Morning Post
BUSINESS2d agoEXCLUSIVE: AirAsia in talks with Malaysian government over potential funding support, sources say - ReutersEXCLUSIVE: AirAsia in talks with Malaysian government over potential funding support, sources say ReutersReuters World
POLITICS2d agoEgypt and Malaysia discuss political settlement to Middle East conflictEgyptian President Abdel-Fattah al-Sisi was on a two-day state visit to Kuala Lumpur which also focused on bilateral ties.Africanews [en]