Asian markets sell off after US inflation fuels rate hike bets
Seoul and Tokyo bore the brunt of the selling as traders bailed out of once-imperious chipmakers. Latest News
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F1 return: Youth and Sports Ministry to table cost-benefit evaluation to Cabinet next month
KUALA LUMPUR, Oct 15 — The Sports and Youth Ministry is set to present its assessment on whether or not Malaysia should resume hosting the Formula 1 Grand Prix to the Cabinet next month, its minister Mohd Taufiq Johari told Parliament this morning. The ministry was mandated to lead an inter-ministerial F1 assessment committee formed to
Loke: CAAM audit identified minor issues prior to fatal Sarawak chopper crash, but found no direct link
KUALA LUMPUR, Oct 15 — Malaysia’s aviation regulator found organisational deficiencies at Layang-Layang Aerospace Sdn. Bhd. during a routine audit days before a fatal helicopter crash in Sarawak, though officials emphasised that the findings were not directly linked to the accident. Transport Minister Anthony Loke, addressing Parliament today, said the Civil Aviation Authority of Malaysia
IMF vows continued support for Sri Lanka
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MCMC: Madani submarine cable project expected to begin in Q1 2027, finish by 2029
KUALA LUMPUR, Oct 14 — The Madani Submarine Cable (Salam) project, which aims to strengthen communications connectivity between Peninsular Malaysia, Sabah and Sarawak, is expected to begin in the first quarter of 2027 and be completed by the fourth quarter of 2029. The Communications Ministry said the Malaysian Communications and Multimedia Commission (MCMC) was currently
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Fahmi says Budget 2027 well received by public, credits government engagement
PUTRAJAYA, Oct 14 — Budget 2027, tabled last Friday, has been well received by the public, demonstrating the success of the government’s engagement efforts at various levels, Madani Government spokesperson Datuk Seri Fahmi Fadzil said. The communications minister said the approach adopted by Prime Minister Datuk Seri Anwar Ibrahim had enabled the government to take
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Federal agency chairman set to face corruption charge over Penang land sale
GEORGE TOWN, Oct 14 — The head of a federal government-linked agency is due to be charged tomorrow at the Sessions Court here with corruption. The man, who is in his 50s, will reportedly face a charge under Section 23 of the Malaysian Anti-Corruption Commission (MACC) Act 2009. It relates to the alleged sale of
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Sabah, Sarawak’s one-third parliamentary share is constitutional safeguard, not just numbers, says state deputy minister
KUCHING, Oct 14 — The one-third parliamentary representation of Sarawak and Sabah in the Dewan Rakyat serves as a constitutional safeguard for the balance of the federation and is not merely a matter of numbers, said Datuk Sharifah Hasidah Sayeed Aman Ghazali. The Deputy Minister in the Premier’s Department (Law, MA63 and State-Federal Relations) said
Mat Sabu welcomes MACC probe into fertiliser supply delays
KUALA LUMPUR, Oct 14 — Agriculture and Food Security Minister Datuk Seri Mohamad Sabu today welcomed a swift corruption probe into delays surrounding state-subsidised fertiliser deliveries, saying early intervention was critical to preventing finger-pointing and protecting paddy farmers. Addressing Parliament on the delays affecting farmers under the Muda Agricultural Development Authority (MADA), Mohamad said he
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