<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 22): Perak’s Ayer Kuning assemblyman Ishsam Shahruddin passed away on Saturday, local media reported, citing Penang police.</p></div>

<div class=newsTextDataWrapInner><p>The 58-year-old was in Penang for the Four-Cornered Chief Minister’s Cup football championship. He was reported to have collapsed at about 5.20pm while shaking hands with other players at the side of the field, according to the <em>Malay Mail</em>.</p></div>

<div class=newsTextDataWrapInner><p>The Tapah Umno chief was rushed to Penang Hospital and was pronounced dead at 6.28pm.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>A former professional footballer, Ishsam started a business upon retirement and later became active in politics.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/745476" target="_blank">Perak state assembly speaker to notify EC on Ayer Kuning seat vacancy as early as Tuesday</a></em></p></div>


Perak’s Ayer Kuning assemblyman Ishsam Shahruddin passed away on Saturday, local media reported, citing Penang police.

Ayer Kuning assemblyman Ishsam Shahruddin passes away

SINGAPORE (Oct 2): The number of liquefied natural gas (LNG) cargoes exiting the Strait of Hormuz rose in September to its highest monthly level since the US-Israeli war on Iran began, data from analytics firms, shows, despite persistent security worries and uncertainty.

September LNG shipments through Hormuz hit highest since start of US-Iran war

On July 11, a new road was opened between Malaysia and Thailand connecting the Bukit Kayu Hitam ICQS (Immigration, Customs, Quarantine and Security) Complex in Kedah to the new Sadao CIQ (Customs, Immigration and Quarantine) Complex in Songkhla, in southern Thailand. Launched by Prime Minister Da...

Building a northern industrial ecosystem

The board of Thai Airways has suspended chief executive Chai Eamsiri over the flag carrier's response to a flood crisis in Bangkok, local media outlets reported on Friday.

Thai Airways board suspends chief executive over flood response, local media report

James Dyson’s vacuum cleaner maker has ramped up its annual dividend to the billionaire’s family holding company following years of declining payouts for one of Britain’s richest entrepreneurs.

Dyson’s US$995 mil dividend reverses years of falling payouts

(Oct 2): Volvo Car AB scrapped its full-year sales-volume and cash-flow outlook, warning of a significant hit to third-quarter earnings due to deteriorating conditions in China and a slower-than-expected US recovery.

Volvo Car scraps outlook as China, US weakness curb earnings

KUALA LUMPUR (Oct 2): Nepal's Prime Minister Balendra Shah has assured the Malaysian government that it will provide all necessary cooperation to facilitate the process of verifying the status of 54 Malaysians who remain unaccounted for after the country's devastating floods.

Anwar: Nepal PM vows cooperation to verify status of 54 missing Malaysians

(Oct 2): Novartis AG will license a messenger RNA-based autoimmune therapy from China’s Abogen Biosciences, in a deal worth as much as US$7.8 billion.

Novartis inks Chinese mRNA-therapy deal for up to US$7.8 bil

Hong Kong’s stock benchmark led losses in Asia as trading resumed after a holiday, pressured by the recent surge in US yields and disappointment over China’s latest stimulus measures.

Hong Kong stocks slump most since March, led by financials

Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening US military buildup in the Gulf kept oil prices elevated and inflation risks alive.

Asian shares fall after wild swings in bonds, forex; US jobs data looms

Malaysian manufacturers must accelerate the adoption of automation to boost productivity and reduce their dependence on foreign labour, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Manufacturers urged to speed up automation as govt cuts foreign worker quotas

<p>KUALA LUMPUR (Oct 2): Zetrix AI Bhd (KL:ZETRIX) owes the government over RM200 million as the digital services firm failed to remit the money collected from its customers, the <em>Straits Times</em> reported on Friday.</p>


Transport Ministry confirms to The Edge that Zetrix AI owes JPJ over RM200 mil

<p>KUALA LUMPUR (Oct 2): American manufacturers operating in Malaysia are reducing their reliance on Chinese inputs and turning to local suppliers as they adapt to pressure from US tariffs, according to a survey.</p>


US manufacturers in Malaysia shift to local suppliers, cut Chinese inputs amid tariffs, survey shows

<p>Prime Minister Datuk Seri Anwar Ibrahim’s PKR has lost another member of Parliament after Petaling Jaya MP Lee Chean Chung announced his resignation from the seat on Friday.</p>


Lee Chean Chung resigns as Petaling Jaya MP, leaving PKR with only 26 seats

<p>PUTRAJAYA (Oct 2): Berjaya Hills Resorts Bhd has filed leave to appeal to the Federal Court, over the Court of Appeal’s decision on July 16, which had ruled that state governments have the authority to determine quit rent rates without having to obtain approval from the National Land Council (NLC).</p>


Berjaya Hills obtains stay against Pahang govt’s land forfeiture, also lodges appeal to apex court

<p>Selling pressure on Malaysian large-cap stocks could persist over the next one to three months amid cautious global sentiment but is unlikely to trigger a sharp market correction, according to BIMB Securities.</p>


KLCI selling pressure may persist, but sharp correction unlikely — analysts

<p>Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening US military buildup in the Gulf kept oil prices elevated and inflation risks alive.</p>


<p>（吉隆坡2日讯）据《海峡时报》周五报道，数字服务公司Zetrix AI Bhd（KL:ZETRIX）拖欠政府逾2亿令吉，原因是该公司没有上缴向客户收取的款项。</p>


交通部向The Edge证实 Zetrix AI欠JPJ超过2亿

<p>KUALA LUMPUR (Oct 2): IOI Properties Group Bhd's (KL:IOIPG) second attempt at Shenton House is drawing less analyst concern now that the group has a clearer capital-recycling path through its Malaysian REIT and a potential Singapore REIT.</p>


IOI Properties' second bid on Shenton House draws less caution as REITs open capital-recycling route — analysts

<p>KUALA LUMPUR (Oct 2): Country Heights Holdings Bhd (KL:CHHB) said its 80.90%-owned subsidiary Golden Horse Palace Bhd (GHPB) has been served with a winding-up petition over two outstanding Industrial Court awards.</p>


Palace of the Golden Horses operator served winding-up petition over industrial court award claim

<p>Tenaga Nasional Bhd’s (TNB) (KL:TENAGA) customers who use up to 800 kilowatt-hours (kWh) of electricity per month will receive a pro-rata credit for the September bill adjustment, which will be credited directly to their October 2026 electricity bills.</p>


Customers to get pro-rata credit in October 2026 bills, says TNB

<p>Petroliam Nasional Bhd’s (PETRONAS) capital allocation could come under pressure if the government seeks larger dividend contributions from the state-owned oil firm to offset higher fuel subsidy costs, according to BIMB Securities.</p>


Larger PETRONAS dividend may weigh on long-term capital allocation — BIMB Securities

<p>Malaysia’s top 100 technology start-ups identified by Cradle Fund Sdn Bhd collectively generated RM8.5 billion in revenue in the financial year 2024, with an average compound annual growth rate of 87% between 2021 and 2024.</p>


Top 100 start-ups generate RM8.5 bil in revenue

<p>The first apartment came up for auction and nobody moved.</p>


Luxury condos seized in Singapore’s biggest money-laundering case find few buyers

<p>SINGAPORE/PERTH (Oct 2): Oil prices were broadly stable on Friday as the market weighed the possibility of renewed US-Iran tensions against signs of recovering Middle Eastern supplies this week.</p>


Oil treads water as market weighs mixed supply signals

<p>Zhi Ge, the alleged leader of an international insider trading ring, lost his court challenge against a US extradition request.</p>


Singaporean insider trading suspect loses extradition fight

<p>THE government will have to find more fiscal space without slapping on new taxes under Budget 2027. High energy prices are eating into some of the savings from subsidy reforms even as Putrajaya wants to cushion households, invest for growth and continue narrowing the fiscal deficit.</p>

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Cover Story 1: Experts expect Putrajaya to sweat existing tax system 

<p>BENGALURU (Oct 2): Amazon is seeking to offload about US$8 billion of advanced Nvidia&nbsp;chips to investors through a new vehicle to strengthen its balance sheet, the <em>Financial Times</em> reported on Friday, citing people familiar with the matter.</p>


Amazon seeks to offload US$8 bil of Nvidia chips to investors, FT reports

<p>KUALA LUMPUR (Oct 2): Gas Malaysia Bhd (KL:GASMSIA)&nbsp;aims to make a final investment decision on plans for its first regasification terminal by the second half of next year, with the facility due to come online by the end of 2030, its chief executive said.</p>


Gas Malaysia targets investment decision on Kedah LNG terminal by second half of 2027

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 2, 2026 

<p>Hong Kong’s stock benchmark led losses in Asia as trading resumed after a holiday, pressured by the recent surge in US yields and disappointment over China’s latest stimulus measures.</p>
