The International Monetary Fund (IMF) is conducting a Review of Program Design and Conditionality, its first major evaluation since 2019, before the Covid-19 pandemic. With so many countries suffering from macroeconomic imbalances and debt distress that severely weaken their development prospects, the IMF guidelines for programme design, while always important, are more salient than ever.

Unconventional Economic Wisdom: The programme redesign the IMF needs

In what US Treasury Secretary Scott Bessent has heralded as an Economic D-Day, the US is threatening to tighten the noose around Iran with sanctions on countries that continue to trade with it. But far from compelling others to join its efforts to isolate the Islamic Republic, the Trump administr...

Unconventional Economic Wisdom: American Götterdämmerung

Here he goes again. US President Donald Trump is increasing and decreasing tariffs willy-nilly, violating international agreements that he himself signed and almost surely violating federal law. The only difference this time is that he has a new pretext for abusing tariffs: stopping forced labor....

Unconventional Economic Wisdom: Trump’s New Tariffs Are an Opportunity to Fight Back

US President Donald Trump claims that electing “socialist” Democrats would put the US on the path to becoming Venezuela or Cuba. But Trump’s own actions, as is often the case, fly in the face of what he says and what his Republican Party supposedly stands for. Far from continuing to champion capi...

Unconventional Economic Wisdom: Trump’s un-American capitalism

It is true, as Alexander Pope once said, that to err is human. But while everyone is fallible, some humans are more prone to error than others. That is a justification for democracy—for subjecting decisions that affect large numbers of people to deliberative processes that include checks and bala...

Unconventional Economic Wisdom: Trump’s Tragedy of Errors

The science of fighting disease has never been stronger. We have the means to detect outbreaks immediately, sequence pathogens in the space of days, and develop new vaccines in just months. Yet pandemics are coming faster and spreading more widely, threatening more lives and livelihoods than ever...

Unconventional Economic Wisdom: Inequality will make the next pandemic worse

Ongoing efforts to derail multilateral tax cooperation lie at the heart of a global programme to replace democratic governance with coercive rule by the extremely wealthy — or what we call 21st-century Caesarism. Any strategy to counter this programme therefore must recognise that taxing extreme ...

Unconventional Economic Wisdom: Will democracy govern capitalism — or be consumed by it?

On July 27, the US and the European Union (EU) announced a preliminary trade and investment deal in Turnberry, Scotland. But nothing was actually signed, and even if it had been, it would not have been worth the paper it was written on. After all, US President Donald Trump did sign a formal trade agreement with Canada and Mexico during his first term, only to tear it up as soon as he returned to office.

Unconventional Economic Wisdom: The EU must stand up to Trump

On September 24, 20 democratic countries from the Global North and South – including Brazil, Chile, Norway, and Spain – came together at the United Nations not just to reaffirm their commitment to democracy, but to develop an agenda which would sustain and enrich it.

The membership of t...

The Making or Breaking of Democracy Unconventional Economic Wisdom

For decades, the US was the champion of democracy, the rule of law and human rights. Of course, there were glaring discrepancies between rhetoric and reality: during the Cold War, the US overturned democratically elected governments in Greece, Iran, Chile and elsewhere in the name of defeating Co...

Unconventional Economic Wisdom: Brazil’s brave stand against Trump

Firefly has cancelled all scheduled flights between Sultan Abdul Aziz Shah Airport in Subang and Seletar Airport in Singapore from Saturday to Monday, Oct 10 to 12, as a precautionary safety measure due to weather and haze conditions.

Firefly cancels Subang-Seletar flights over haze, weather concerns

The Negeri Sembilan Education Department (JPNS) has announced that all educational institutions under its jurisdiction will operate as usual on Monday, Oct 12, following an assessment of current conditions and the latest air pollutant index readings.

Negeri Sembilan schools to operate as usual on Monday

All educational institutions under the Ministry of Education (MOE) in the Kinta Utara, Kinta Selatan and Kuala Kangsar district education offices, which were closed last Friday, will reopen on Monday.

Schools in Kinta Utara, Kinta Selatan and Kuala Kangsar reopen on Monday

DAP has never been involved in any attempt to trigger a crisis in Negeri Sembilan and remains focused on serving the people, its secretary general Anthony Loke Siew Fook said.

Loke: DAP not responsible for Negeri Sembilan political turmoil

All educational institutions under the Ministry of Education in Melaka will reopen on Monday, Oct 12, after the air pollutant index (API) recorded moderate readings below 100.

Haze: Melaka schools to reopen on Monday as API readings drop below 100

The Road Transport Department (JPJ) has temporarily suspended the vehicle type approval certificate for the Chery Omoda 5, halting new registrations of the vehicle until technical investigations are completed and potential safety risks are identified.

JPJ suspends vehicle type approval for Chery Omoda 5, halts new registrations pending probe

National Higher Education Fund Corporation (PTPTN) borrowers with no arrears who make regular repayments will enjoy a 10% discount from 2027.

PTPTN offers 10% discount to borrowers with good repayment records

The establishment of a Royal Commission of Inquiry (RCI) to investigate delays in the Royal Malaysian Navy’s littoral combat ship (LCS) project is not a determining factor in ensuring the prompt completion of the country’s defence assets.

Littoral combat ship completion not dependent on probe, govt in talks for new missile system — Khaled

Putrajaya Corporation and the Federal Territories Department have been asked to review the allocation they are expected to receive under Budget 2027 to strengthen care and improve the welfare of senior citizens, said Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh.

FT minister calls for dept, Putrajaya Corporation to review allocation to improve senior citizens' care

There are no reports of Malaysian casualties resulting from the latest attack on Saudi Arabia’s King Khalid International Airport in Riyadh and a projectile falling in the vicinity of King Fahd International Airport in Dammam on Saturday, the Foreign Ministry said.

No Malaysian casualties reported in latest Saudi airport incidents, says Wisma Putra

Putrajaya Corporation and the Federal Territories Department have been asked to review the allocation they are expected to receive under Budget 2027 to strengthen care and improve the welfare of&nbsp;senior citizens, said Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh.&nbsp;

US President Donald Trump on Saturday called for Ukraine to replace its leader Volodymyr Zelenskiy and railed against Ukraine's attacks on Russian oil infrastructure, a day after announcing a diesel supply deal with Russia that drew a sharp rebuke from Zelenskiy.

Trump calls for replacing Ukraine's Zelenskiy in tussle over diesel deal with Russia

1. EVERY national budget is a tightrope walk above a storm. I know this not from textbooks, but from long nights at the Ministry of Finance when I was the minister, staring at numbers that never quite add up to everything the nation needs. Every ringgit is debated and fought over. The relief a st...

Opinion: Budget 2027: A RM510 billion budget: Who really wins? 

KUALA LUMPUR (Oct 11): This week’s cover story takes us to the KLCC precinct. The prime residential market here has evolved beyond its expatriate base, with affluent Malaysians and regional investors now making up a larger share of demand. As competition from other prime locations grows, buyers are also becoming more selective.

KLCC finds a wider audience

The Road Transport Department (JPJ) has temporarily suspended the vehicle type approval certificate for the Chery Omoda 5, halting new registrations of the vehicle until technical investigations are completed and potential safety risks are identified.

The third attack this week on Riyadh's international airport on Saturday left at least 12 people dead and more than 300 wounded, Saudi authorities said, as Iran-backed Houthis escalated the campaign they launched this summer against the kingdom.

Houthi attack on Saudi airport kills 12, over 300 wounded, authorities say

Indonesia has confirmed that discussions with Malaysia are underway to detail the best form of cooperation to tackle forest and land fires that have triggered transboundary haze.

Haze: Malaysia, Indonesia discussing joint solutions

National Higher Education Fund Corporation (PTPTN) borrowers with no arrears who make regular repayments will enjoy a 10% discount from 2027.&nbsp;

A total of 15 areas nationwide recorded unhealthy air quality as of 9am on Sunday, with Pasir Gudang, Johor, registering the highest air pollutant index (API) reading at 180.

Haze: Unhealthy air in 15 areas nationwide, Pasir Gudang worst hit

KUALA LUMPUR (Oct 11): Penang’s ChinaHouse has always been a microcosm of coolness and creativity. But Men with Plants IV, happening until Nov 30 at its Art Space along Beach Street, has just upped the ante by quite a bit.&nbsp;

Led by Fuan Wong, one of Malaysia’s most renowned glass ar...

Botany bay

Microsoft Corp chief executive officer Satya Nadella said companies should treat powerful artificial intelligence (AI) models as potential insider threats, assume they could be compromised and create an “emergency brake” system to prevent agentic models from going rogue.

Microsoft CEO Nadella calls for ‘emergency brake’ on advanced AI

Elon Musk said he thinks his companies would probably “figure out how to make chips better than anyone” given their expertise in creating customised equipment.

Musk says Terrafab plant to ‘make chips better than anyone’

The establishment of a Royal Commission of Inquiry (RCI) to investigate delays in the Royal Malaysian Navy’s littoral combat ship (LCS) project is not a determining factor in ensuring the prompt completion of the country’s defence assets.

There are no reports of Malaysian casualties resulting from the latest attack on Saudi Arabia’s King Khalid International Airport in Riyadh and a projectile falling in the vicinity of King Fahd International Airport in Dammam on Saturday, the Foreign Ministry said.

Two secular trends will shape finance in the years ahead, one powered from the bottom up by transformative technological innovations, and the other from the top down by geoeconomic influences. Managing each will require major adaptations from financial firms and their regulators, a task complicat...

The Risk Factor: The Opposing Forces Reshaping Global Finance

On September 30, the OECD marked the 65th anniversary of its founding. Like many other aging international organizations, it has developed a taste for mission creep, as we witnessed firsthand as former delegates there. That is why some US policymakers want to reduce or eliminate funding for the o...

The Frontiers Of Growth: The OECD Should Be Reclaimed, Not Abandoned

All educational institutions under the Ministry of Education in Melaka will reopen on Monday, Oct 12,&nbsp;after the air pollutant index (API) recorded moderate readings&nbsp;below 100.

DAP has never been involved in any attempt to trigger a crisis in Negeri Sembilan and remains focused on serving the people, its secretary general Anthony Loke Siew Fook said.&nbsp;

All educational institutions under the Ministry of Education (MOE) in the Kinta Utara, Kinta Selatan and Kuala Kangsar district education offices, which were closed last Friday, will reopen on Monday.

The Negeri Sembilan Education Department (JPNS) has announced that all educational institutions under its jurisdiction will operate as usual on Monday, Oct 12, following an assessment of current conditions and the latest air pollutant index readings.

Joseph E Stiglitz

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Joseph E Stiglitz

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