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BUSINESS8h agoAmerican Resources forms Indo-Pacific unit to lead Malaysia rare earth expansionAmerican Resources is establishing an Indo-Pacific unit to manage its expansion in rare earth resources in Malaysia. This marks a strategic business development in the resource sector.Seeking Alpha Tech
POLITICS9h agoMalaysia’s Najib loses bid to suspend 15-year 1MDB sentence on medical groundsA Malaysian court on Wednesday rejected Najib Razak’s bid to suspend his 15-year jail sentence in the 1MDB scandal pending the jailed former prime minister’s appeals, ruling that his health and other grounds did not justify a stay. The decision means his sentence is set to begin after his current prison term ends in August 2028. Najib, 73, received a conditional royal pardon last month allowing him to serve that separate sentence in the SRC International case at home, but he must first pay a 50...South China Morning Post
BUSINESS13h 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
WORLD1d 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
DISASTER1d 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]
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
POLITICS2d 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
POLITICS2d 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