JAKARTA (Aug 2): At least five people were killed and 41 were still missing on Sunday after a ferry caught fire off Indonesia's Madura island, the country's search and rescue agency said in a statement.

Five dead, 41 missing after Indonesian ferry catches fire, authorities say

The Malaysian Anti-Corruption Commission (MACC) has denied claims of misconduct during the arrest of businessman Albert Tei on Friday, including allegations that officers pointed a gun at him.

MACC denies misconduct in arrest of Albert Tei, files police report

Malaysia aspires to become high-income nation by 2030 and rank among the world’s top 30 economies, says Anwar

13MP: To accelerate AI adoption, govt aims to achieve 98% 5G coverage in populated, industrial, rural areas by 2030 — PM

Malaysia's gross exports expected to grow by 5.8% annually with broader trade opportunities, says Anwar

13MP: 95% of govt services targeted to be fully online by 2030, says Anwar

RM611b in investments required to ensure success of 13MP, says Anwar

Gross national income per capita targeted to increase to RM77,200 during 13MP, says Anwar

13MP themed 'Melakar Semula Pembangunan' takes centre stage at Parliament today

Petronas says operations at Iraq's Garraf oil field remain unaffected and proceeding as usual until further development
...

Petronas says operations at Iraq's Garraf oil field remain unaffected and proceeding as usual until further development

The two sons of former prime minister Tun Dr Mahathir Mohamad have together declared assets worth RM1.2 billion to the Malaysian Anti-Corruption Commission (MACC), Bloomberg reported on Tuesday.

Mahathir's two sons declare RM1.2 bil assets to MACC — Bloomberg

Pakistan’s cabinet approves change in the Income Tax Ordinance, enabling the nation’s tax collecting agency to levy banks that made “windfall” profits over the past two years, the prime minister’s office says in a statement on Wednesday.

Pakistan imposes 40% tax on bank profits from forex deals

This is to facilitate the redevelopment of strata schemes, to encourage urban renewal, and promote the redevelopment of old buildings in the city.


Go

Threshold for resident agreement for en bloc sales to be reduced from 100% to consistent level based on international practice, such as in S'pore

This excise duty revenue will be channelled towards addressing and treating diabetes, including to provide support for dialysis centres.


Go

Excise duty rate for sugary drinks to be raised from 40 sen to 50 sen per litre

KUALA LUMPUR (Oct 12): Prime Minister Datuk Seri Anwar Ibrahim has prayed for the speedy recovery of Rantau Panjang member of Parliament (MP) Datuk Siti Zailah Mohd Yusoff, who was injured in a road accident on Sunday (Oct 11) evening.

Anwar wishes Rantau Panjang MP Siti Zailah speedy recovery after road accident

Opposition leader Datuk Seri Hamzah Zainuddin has questioned the proposed government-linked investment companies (GLICs) and government-linked companies' (GLCs) investments under Budget 2027 that could compromise their core mandates.

Opposition leader questions expanded investment of GLICs, GLCs in Budget 2027

For most of the modern era, business has treated environmental change as something linear and manageable: a slow drift that could be tracked, budgeted for and adapted to at a comfortable pace. That assumption is no longer a reliable one. The science of tipping points tells us that many of the sys...

Business Unusual: Tipping points: Why business can no longer afford to ignore them

Prime Minister Datuk Seri Anwar Ibrahim confirmed in his budget speech that MediAsas, a basic medical insurance and takaful plan, will be launched nationwide in January 2027.

Frankly Speaking: MediAsas, a step in the right direction but… 

A one-off special financial aid of RM1,000 for 38,000 taxi and rental car drivers will be distributed in phases starting this Wednesday, said Transport Minister Anthony Loke.

RM1k aid for taxi, rental car drivers to be paid in stages starting Wednesday — Loke

Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “energy ceasefire", raising hopes that an easing of hostilities could reduce Black Sea disruptions.

Wheat extends drop as Trump remarks fuel Black Sea truce hopes

KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.

Genting falls 17% to 2007 lows after over RM1 bil cash call 

Two Melaka Pakatan Harapan (PH) leaders have filed a lawsuit challenging a state constitutional amendment on the appointment of assemblymen.

Melaka Pakatan leaders sue over amendment on appointed reps 

Stock markets got off to an erratic start on Monday as earnings season looked set to test high tech valuations, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.

Share markets choppy in Asia as earnings loom, oil slips

South Korea’s won jumped to a two-year high on Monday, supported by lower oil prices and heavy dollar selling by local companies.

South Korean won hits two-year high on lower oil, dollar sales

KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.

AirAsia (KL:AAGB) co-founder Tan Sri Tony Fernandes met with officials from Malaysia's Finance Ministry two weeks ago to discuss potential government support for Southeast Asia's largest low-cost airline, said three people with knowledge of the matter.

AirAsia in talks with govt over potential funding support — Reuters

KUALA LUMPUR (Oct 12): The High Court on Monday fixed June 14 next year for case management over the Malaysian Bar’s legal challenge against the Attorney General’s decision to drop its investigation against Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi in the Yayasan Akalbudi case.

Bar's challenge to AG’s decision to drop Zahid probe on hold pending apex court ruling

The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd chief executive officer Tan Su Shan.

DBS CEO Tan says market repricing risks on AI financing

KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.

Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

RHB Research sees value emerging in Malaysian property stocks after the recent sell-off, with the sector now trading at a 60% discount to their revalued net asset value (RNAV), wider than the 50% in May.

RHB sees value in battered property stocks, now at a 60% discount to asset value

KUALA LUMPUR (Oct 12): His Majesty Sultan Ibrahim, King of Malaysia,&nbsp;attended a state welcoming ceremony at Istana Negara on Monday, marking the start of King Abdullah II of Jordan's two-day state visit to Malaysia, which began on Sunday (Oct 11).

Sultan Ibrahim attends state welcoming ceremony for Jordan’s King Abdullah II

Stock markets got off to an erratic start on Monday as earnings season looked set to test high tech valuations, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.

Two startling pieces of news surfaced last week about private companies that collect money on behalf of the government.

Frankly Speaking: When suspension is not good enough

PUTRAJAYA (Oct 12): 1Malaysia Development Bhd (1MDB) is in talks with Deutsche Bank to settle their legal dispute, the court heard on Monday.

1MDB in settlement talks with Deutsche Bank

US President Donald Trump’s Libe­ration Day tariffs, first unveiled in April 2025, triggered a barrage of near-uniform criticisms from economists and trade experts.

Tong's Portfolio - Trump’s tariffs: Why the inflation shock never came

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Oct 12, 2026 

Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the number of benchmark interest-rate hikes needed to get inflation under control.

Bond selloff may mean fewer rate hikes from global central banks

Consumer and property stocks could emerge as among the main beneficiaries of Budget 2027, although analysts see limited upside for the broader equity market.

Consumer, property stocks poised to gain from Budget 2027 measures — analysts

DUBAI/RIYADH (Oct 11): One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Iran-aligned Houthis that killed 13 people and wounded more than 300.

One dead in new attack on Saudi airport, a day after Houthi strike kills 13

SINGAPORE (Oct 12): Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.

Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

Our small and medium enterprises (SMEs) are in real danger of being gutted by their hyper-competitive counterparts from China whose overcapacity is being exported to our domestic markets. They create very little domestic employment and value-add, bringing in an en bloc shipment of labour and over...

My Say: The SME crisis: How China’s exported over-capacity is gutting Malaysia’s private sector

Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how quickly the central bank will continue raising interest rates.&nbsp;

US bond traders await CPI, Warsh for insight on Fed’s rate path

（吉隆坡12日讯）云顶（Genting Bhd）（KL:GENTING）宣布拟发行附加股筹集12亿5000万令吉以偿还债务后，周一跌至近20年来最低。

拟发股筹逾10亿 云顶挫17%至2007年低位

The government must take “drastic” action to reduce its reliance on imports and strengthen domestic manufacturing, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

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