Malaysia

Two studies relating to the RM9.13 billion (US$2.04 billion) purchase of six littoral combat ships for the military have been made public by the government of Malaysia. However, the government has only paid 66.65 percent of the total cost as of this point, and not a single ship has been delivered. The timeline said that five ships should have been …

The decision of the Federal Court to preserve former Prime Minister Najib Razak’s conviction in the case relating to 1MDB has been hailed as a win for Malaysians in their fight against corruption by the country’s opposition leaders. “This proves that the people have power, and they made the decision in 2018 to ensure an independent judiciary that (can) cleanse …

On Thursday (August 18), a man from Singapore and his Malaysian girlfriend were arrested in Malaysia on suspicion of being involved in the distribution of illegal drugs. Together, the authorities have charged Loh Kok Kiong, 49, and Soh Yong Xin, 32, with the distribution of 9.6 kilograms of methamphetamine. Additionally, additional charges of trafficking 1.5 kilograms of methamphetamine and 139 …

M. Saravanan, the Minister of Human Resources for Malaysia, stated on Friday (August 19) that an announcement on a reduction in the number of weekly working hours from 48 to 45 will be made in the near future. According to an article that was published in the Star, he was reported as stating, “Please be patient for another week. I …

Annuar Musa, chairman of Malaysia’s special task force against inflation, stated on Wednesday that the approval to export chicken will only be granted if the domestic supply of chicken is not harmed. Annuar Musa made this statement (Aug 17). According to Mr. Annuar, this is done to ensure that the cost of chickens can be kept under control. In addition …

Former Malaysian Prime Minister Najib Razak submitted a plea to the Federal Court of Malaysia to postpone the hearing of his final appeal against a guilty verdict in the SRC International Sdn Bhd case. However, the request was unanimously denied by the judges on the court. According to Malaysiakini’s reporting, Chief Justice Tengku Maimun Tuan Mat ruled on Tuesday (August …

Mr. Mathew, who works for TalentCorp, claims that the organization is making an effort to reduce the magnitude of the brain drain, despite the many factors that are driving Malaysians to leave the country in search of better opportunities elsewhere. Implementation of the Returning Expert Program is one of the initiatives being taken (REP). The program includes the Malaysia@Heart initiative, …

After more than five weeks on the run, a fugitive couple that is suspected of being involved in a luxury goods scam in which dozens of people lost millions of dollars has been apprehended in Malaysia and handed over to the Singapore Police Force (SPF). The scam allegedly involved the sale of counterfeit designer goods. The Singapore Police Force (SPF) …

According to many sources, Airbus is on the verge of finalizing a contract with Malaysia Airlines for the purchase of up to 20 A330neo aircraft. It is generally accepted that ten of the twenty planes will be acquired directly from the European planemaker at a price of two billion dollars, while the remaining ten will be leased at a cost …

Two sources with knowledge of the matter have stated that Malaysia’s second-richest man, Quek Leng Chan, is weighing options for his stake in Hong Leong Bank, including a merger. This is a move that could trigger wider consolidation in the sector and make Quek Leng Chan the second-richest man in Malaysia. According to the sources, Quek, who is 80 years …