The Eastern Sabah Security Zone (ESSZone) security hub project for the marine police, approved nearly 10 years ago, is still incomplete and now needs an extra RM28.7 million, according to the auditor general’s latest report.

AG’s report: ESSZone project still incomplete after nearly 10 years, needs additional RM28.7m

The latest Auditor General’s (AG) Report found governance and financial issues at four Malaysian diplomatic missions — in Canberra, Wellington, Singapore, and Hanoi.

AG finds governance, financial management slips at four diplomatic missions

The latest Auditor General’s Report highlights serious weaknesses in payment controls at the Malaysian Maritime Enforcement Agency (APMM), alongside concerns over its reliance on ageing vessels.

AG's report: Maritime agency paid RM32.34 mil without supplier invoices

The auditor general has criticised the federal government for poor management of the government vehicle fleet, highlighting delays in deliveries and a failure to enforce penalties.

AG's report flags poor management of govt vehicle fleet, failure to enforce RM54.5m penalties

KUALA LUMPUR (Oct 6): The auditor general has urged the government to closely monitor new borrowings used to repay maturing loans, as debts worth RM490 billion are due within the next five years.

Auditor general urges govt to monitor borrowings as RM490b debt due in five years

Malaysia’s auditor general cleared the federal government’s financial statements for the year ended Dec 31, 2024 while flagging some issues that deserve attention.

Auditor general clears federal govt’s 2024 financial statements, flags some issues

The Ministry of Defence (Mindef) has yet to collect RM162.75 million in penalties from a contractor following delays for the supply of armoured vehicles, according to the Auditor General’s (AG) 2025 Report on Monday.

AG’s report: Delays in delivery of 70 army vehicles, RM162m penalty collection spell weak contract enforcement by Mindef    

KUALA LUMPUR (July 21): The current policy on subsidised cooking oil is not comprehensive and has allowed non-targeted groups, including non-citizens, to benefit from the government’s subsidy programme, according to the National Audit Department (NAD).

Cooking oil subsidy policy not comprehensive, says auditor general

KUALA LUMPUR (July 21): The Auditor-General (AG) has flagged serious governance lapses in Felcra Bhd’s RM241.76 million acquisition of four oil palm estates between 2022 and 2024.

Governance lapses in Felcra’s RM241m plantation acquisitions, says Auditor General

The auditor general recommends ending the pre-qualification procurement system in favour of full open tenders, according to the auditor's latest report released Monday.

Auditor general calls for end to pre-qualification system, shift to open tender

KUALA LUMPUR (July 21): There were “serious irregularities” and “weaknesses” found at seven ministries' projects and programmes that cost RM48.78 billion in total, Malaysia’s auditor general flagged on Monday.

Auditor General finds serious irregularities, weaknesses at govt projects, programmes worth over RM48 bil

The Inland Revenue Board (IRB) incurred the largest deficit, followed by PR1MA Malaysia Corp and University Teknologi Mara, among government agencies in 2023, according to the Auditor General’s (AG) Report.

IRB incurs RM735m deficit in 2023, highest among agencies — AG

Malaysia’s five research universities carried out more than 1,000 research projects that turned out unsatisfactory in 2023 while costing RM148.04 million, according to the auditor general.

Over 1,000 research projects costing RM148m by Malaysia’s top universities found ‘unsatisfactory’

A total of 97 federal government agencies recorded a cumulative surplus of RM73.89 billion in the financial year ended Dec 31, 2023 (FY2023), according to the Auditor General’s Report.

AG’s Report: 97 federal govt agencies generated RM73.9b surplus in 2023

The main US stock indices advanced on Monday, powered by gains in artificial intelligence (AI) firms, as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on the prospect of a breakthrough in Middle East talks at a United Nations meeting this week.

Wall St rises on AI gains as oil slides, Treasury yields retreat

Electronic Know Your Customer (eKYC) service providers are updating their systems to recognise the design and features of the new-generation MyKad for identity verification.

eKYC providers updating systems for new generation MyKad — NRD

Police are hunting the suspects behind arson attacks on two convenience stores in Kuching and Sri Aman on Sunday, in which objects believed to contain explosives or flammable materials were thrown into the premises.

Sarawak police hunt suspects in explosive attacks on two convenience stores

Advanced Micro Devices Inc (AMD) shares jumped on Monday, putting the company on track to close above US$1 trillion (RM4.08 trillion) in market value for the first time amid renewed optimism for chipmakers necessary to power artificial intelligence (AI).

AMD set to top US$1 tril in market value as chip stocks soar

China is over halfway to meeting its pledge to buy 25 million tonnes of US soybeans this year, but progress on a separate commitment to spend billions of dollars more on American crops has largely stalled.

China’s selective crop buying tests US trade truce before summit

Vladimir Putin is set to travel to China for the Asia-Pacific Economic Cooperation (Apec) summit hosted by President Xi Jinping but is likely to skip the Group of 20 (G20) in the US with Donald Trump.

Putin plans to attend Xi’s Apec summit and skip G20 with Trump — Bloomberg

CNN, MS NOW and Politico sued President Donald Trump and other members of his administration on Monday for banning them from White House grounds, saying it violated their rights to free speech and a free press under the US Constitution's First Amendment.

CNN, MS NOW and Politico suing Trump over White House ban

Ireland’s media watchdog has fined Alphabet Inc’s Google over how the tech company processed location data after complaints from several European consumer rights organisations.

Google fined €403 mil by Irish watchdog for breaching location data rule

Paramount Skydance Corp has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros Discovery Inc, according to a person familiar with the matter.

Paramount said to settle lawsuits, paving way for Warner Bros merger

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

Pekat, Gamuda, Southern Score Builders, Powerwell, Straits Energy, CTOS Digital, Dialog, Excel Force, M&A Equity, Winstar Capital & Inspace Creation

Nearly two-thirds of Malaysia’s wage earners were in semi- and low-skilled jobs in 2025, with median monthly wages of RM2,223 or less, according to the Department of Statistics Malaysia (DOSM).

Nearly two-thirds of Malaysians made RM2,200 or less a month in 2025 — official data

Proton Holdings Bhd on Monday launched its own automotive financing arm in a move that will provide the national carmaker a powerful tool to drive vehicle sales.

Proton sets up its own automotive financing arm

Prime Minister Datuk Seri Anwar Ibrahim left the Negeri Sembilan Palace in Changkat Persekutuan here on Monday after an audience of nearly an hour with the Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir.

Anwar leaves Negeri Sembilan Palace after hour-long audience with Tuanku Muhriz

Hengyuan Refining Company Bhd (KL:HENGYUAN) hit a four-year high on Monday in a sudden spike in its share price, which came amid a slew of positive developments, including the renewal of a 10-year product supply deal with Shell Malaysia two weeks ago.

Hengyuan hits four-year high after slew of good news 

Excel Force MSC Bhd (KL:EFORCE), one of the companies linked to businessman Wong Thean Soon, has proposed a private placement to raise up to RM10.98 million for working capital and free up funds for a software project.

Excel Force proposes RM11 mil placement for working capital after TS Wong sell-off   

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

A minimum of 30% Bumiputera equity ownership is no longer a requirement for private limited companies operating private educational institutions (IPS) under the Ministry of Education (MOE).

Education Ministry relaxes Bumiputera equity requirement for private educational institutions

Powerwell Holdings Bhd (KL:PWRWELL) said on Monday it has secured two contracts worth RM190.42 million for the supply of low-voltage&nbsp;switchgear and related equipment for a data centre project in Johor.

Powerwell secures RM190m orders to supply low voltage switchgear for data centre in Johor

Putri Norlisa Najib, the eldest daughter of former prime minister Datuk Seri Najib Razak, has joined CTOS Digital Bhd (KL:CTOS) as an independent non-executive director.

CTOS appoints Najib's daughter Putri Norlisa as independent director

Dialog Group Bhd (KL:DIALOG) said its RAJA Cluster small field asset production sharing contract (PSC) has received approval from Petroliam Nasional Bhd (PETRONAS) for an US$81 million (RM330.29 million) field development and abandonment plan.

Dialog gets PETRONAS approval for US$81m RAJA Cluster development plan

Former High Court judge Datuk Duncan Sikodol has been appointed to the Malaysian Anti-Corruption Commission’s (MACC) Anti-Corruption Advisory Board for the 2026-2029 term.

Former High Court judge Duncan Sikodol joins MACC advisory board

M&amp;A Equity Holdings Bhd (KL:M&amp;A) said its non-executive director Thong Mei Chuen has been redesignated as non-executive chairperson, effective Monday.

M&A Equity Holdings redesignates Thong Mei Chuen as non-executive chairperson

Prime Minister Datuk Seri Anwar Ibrahim’s visit to Shanghai and Hangzhou starting from Tuesday is aimed at deepening economic ties, advancing digital trade frameworks and highlighting the importance of technical talent development.

Anwar to visit China from Tuesday for diplomacy, digital trade and TVET

Malaysia should offer stronger incentives to attract front-end semiconductor investments to capture more of the artificial intelligence (AI)-driven boom of the sector, particularly in advanced packaging, said Nomura Asset Management. &nbsp;

Malaysia needs stronger incentives to capture AI chip boom, says Nomura Asset Management

Police and the Prisons Department held a coordination meeting on Monday to assess the security aspects of Datuk Seri Najib Razak’s residence in preparation for the former prime minister's house arrest.

House arrest: Police, Prisons Dept meet to assess security at Najib's residence

AirAsia Malaysia, the carrier operated by AirAsia Group Bhd (KL:AAGB), was&nbsp;recognised as the World’s Best Low-Cost Airline for the 17th consecutive year at the 2026 Skytrax World Airline Awards in London last Friday.

AirAsia Malaysia wins best low-cost airline award for 17th year as it renews operating certificate

A summary of how key Bursa Malaysia indices and the ringgit performed on Monday.

FBM KLCI up 0.08% to 1,666.94 on Sept 21, 2026

Every Sept&nbsp;12, the United Nations marks the International Day for South-South Cooperation. The language surrounding it centres on solidarity, mutual development, knowledge sharing, and cooperation among developing economies, presented as an aspiration. Some countries have taken this further, turning South-South cooperation into something decidedly commercial by bringing not just their products but also their capital, technology, expertise, and capabilities into new markets.

Opinion: The US$7.2 tril shift — What the Global South means for Malaysian business

The 22nd Malaysia International Halal Showcase (Mihas), opening at the Malaysia International Trade and Exhibition Centre (Mitec) this Wednesday, is expected to attract 50,000 visitors from 45 countries.

Mihas 2026 expected to attract 50,000 visitors from 45 countries — Matrade

China has expelled two top military officers, Zhang Youxia and Liu Zhenli, from the Communist Party and the military over "serious violations of discipline and law", the state-run Xinhua news agency said on Monday.

AG's Report 2025

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AG's Report 2025

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