The stories shaping Malaysia, in focus.
The Inland Revenue Board faces mounting pressure to launch a comprehensive investigation into potential tax evasion by Tabung Haji and its subsidiaries, following damaging discoveries by a Royal Commission of Inquiry.
Malaysia's federal fiscal deficit has contracted for five consecutive years to 3.7% of GDP in 2025, reflecting the government's sustained economic reform efforts and prudent fiscal management that have also reduced new borrowing and moderated debt expansion.
Air Selangor has successfully issued the world's inaugural blue sukuk worth RM200 million, establishing a new benchmark for sustainable water financing in Malaysia and signalling growing investor appetite for environmental bonds.
Prime Minister Anwar Ibrahim has drawn attention to significant gaps in Malaysia's audit oversight following the eFishery scandal, noting that three major firms failed to identify fraudulent activities in a company where the Employees Provident Fund invested RM163.4 million.
Penang has appointed PricewaterhouseCoopers to develop a comprehensive white paper and strategic blueprint for the proposed Penang International Financial Centre, aimed at positioning the state as a technology-driven financial hub.
Malaysia's public sector pension fund KWAP has confirmed its RM163.4 million investment in eFishery and is now pursuing recovery measures following fraud allegations that have implicated company executives and investment advisers.
Malaysia's buy-now-pay-later sector has grown to 8 million active account holders in the first quarter of 2026, with total outstanding balances reaching RM5.3 billion. The government has introduced new licensing requirements for all BNPL providers.
The Asian Institute of Chartered Bankers urges Malaysian banks to move beyond AI adoption towards responsible implementation backed by strong governance. A new industry report reveals only 25% of banking leaders trust AI outputs for key decisions.
Malaysia's Ministry of Finance has approved a RM15.77 million grant to SUHAKAM for 2025, representing a RM2.2 million increase from the previous year. The funding covers operational expenses including staff allowances, utilities, and programme implementation.
Prime Minister Anwar Ibrahim has unveiled a voluntary e-invoice declaration programme running until December 31, 2027, designed to help Malaysian micro, small and medium enterprises manage tax compliance without facing penalties from the Inland Revenue Board.
Malaysia's EPF has facilitated RM46.3 million in retirement savings transfers to 86 family beneficiaries through its i-Legasi scheme since February launch. The programme allows members over 55 with excess savings to support immediate relatives.
Malaysia's Finance Ministry has extended TARC Education Foundation's tax exemption for three years on condition it improves governance and donation management, with eligibility for a full 10-year extension once requirements are met.
The National Higher Education Fund Corporation launches a six-month incentive campaign offering RM500,000 in prizes to depositors of its Simpan SSPN Prime education savings scheme, featuring two prize tiers and enhanced entry opportunities.