Read the latest news from regional and global sources, presenting different voices and perspectives.

Malaysia’s Gig Workers Bill 2025 offers new protections for one million workers
KUALA LUMPUR: The Gig Workers Bill 2025 passed by the Parliament yesterday will offer over a million gig workers in the country adequate coverage they have never enjoyed previously. Malaysian Gig Economic Council (MyGiG) chairman Datuk Seri Mohd...

Malaysian economy faces fresh downside risks from US tariffs, fragile domestic sentiment: AmBank
KUALA LUMPUR: Malaysia’s economic growth outlook has tilted further to the downside as external shocks from US reciprocal tariffs and fragile domestic sentiment cloud the recovery. AmBank Group chief economist Firdaos Rosli, in presenting the...
Business : AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account. AmBank Group chief economist...

Bank Negara: Malaysia’s official reserve assets at US$121.28 billion end of July
KUALA LUMPUR: Malaysia’s official reserve assets amounted to US$121.28 billion (RM511.56 billion) as at end-July, while other foreign currency assets stood at US$603.7 billion, according to Bank Negara Malaysia (BNM). The central bank said that in...

How Apps Help Businesses Stay Relevant In Any Sector
In 2004, Blockbuster ruled entertainment with 9,000 stores and 60,000 employees. Netflix was mailing red envelopes and running a streaming site that barely worked. Reed Hastings knew DVDs were dying, but Blockbuster’s executives didn’t want to...

Snub at Trump? Biden-era pacts on minerals & Indo-Pacific trade find mention in India-Japan factsheet
New Delhi: India and Japan have announced that their partnership in critical minerals hinged on two Biden-era agreements—the Minerals Security Partnership (MSP) and the Indo-Pacific Economic Framework (IPEF)—in what could be perceived as a snub at...
Malaysia's Petronas records lower profit amid challenging environment
KUALA LUMPUR, Aug. 29 (Xinhua) -- Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) announced Friday that its profit after tax for the first half of 2025 fell 19 percent year-on-year to 26.2 billion ringgit (6.2 billion...
Malaysia lowers renewable energy grid access fees by up to 40 pct
KUALA LUMPUR, Aug. 29 (Xinhua) -- Malaysia has cut grid access charges for trading renewable energy by as much as 40 percent under two programs. The Ministry of Energy Transition and Water Transformation (PETRA) said in a statement on Friday that...

Hyatt Regency Kuala Lumpur at KL Midtown Debuts
Hyatt Hotels Corporation have announced the opening of Hyatt Regency Kuala Lumpur at KL Midtown, which marks the return of the Hyatt Regency brand to Kuala Lumpur and represents the seventh Hyatt hotel in the city, further expanding Hyatt’s brand...

China's big data expo in Guizhou opens new window for global cooperation as foreign firms seek digital economy opportunities
The 2025 China International Big Data Industry Expo opens on August 28 in Guiyang, Southwest China's Guizhou Province. Photo: Organizing Committee of the Expo The 2025 China International Big Data Industry Expo, which has opened in Guiyang,...
Business : CIMB Expects BNM To Hold OPR At 2.75 Pct
KUALA LUMPUR, Aug 29 (Bernama) -- CIMB Investment Bank Bhd expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 2.75 per cent at the Monetary Policy Committee (MPC) meeting on Sept 4, 2025. In a Treasury and...

Malaysia's Petronas announces a'strategic transform' after H1 profits fall
Petroliam Nasional Bhd, the Malaysian state-owned energy company (Petronas), announced on Friday it had undergone a "strategic transform" to address operational challenges following lower profits and revenue for the first six months of the year....
Business : CTOS, GB Gold Sign MoU To Strengthen Digital Trust
KUALA LUMPUR, Aug 29 (Bernama) -- CTOS Data Systems, Malaysia’s leading credit reporting agency and digital solutions provider, has entered into a strategic memorandum of understanding (MoU) with GB Gold Sdn Bhd to reinforce digital trust and...
Business : Ringgit Closes Lower Against Greenback Ahead Of US Inflation Data
By Durratul Ain Ahmad Fuad KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit closed lower against the US dollar on Friday as traders turned cautious ahead of the United States (US) Personal Consumption Expenditures (PCE) data to be released later...

World Bank expert lists 3 unsung wins of Malaysias economy
Malaysia’s diversified economy has directly increased the standard of living of its citizens, said World Bank expert Apurva Sanghi. (Envato Elements pic) PETALING JAYA: World Bank expert Apurva Sanghi has highlighted three achievements in the...

Gig Workers Bill 2025 makes Malaysia a global pioneer, says MyGiG chairman
KUALA LUMPUR: The Gig Workers Bill 2025 passed by the Parliament on Thursday (Aug 28) will offer over a million gig workers in the country adequate coverage they have never enjoyed previously. Malaysian Gig Economic Council (MyGiG) chairman Datuk...

PM Anwar urges Malaysians to fly Jalur Gemilang until Malaysia Day
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has called on Malaysians to show their patriotic spirit by flying the Jalur Gemilang in conjunction with the National Day celebrations on Aug 31. He said raising the Jalur Gemilang is one way...

Business : MIDA's Economic And Market Development Conference Boosts Kulim Hi-tech Park's Growth Ambition
KUALA LUMPUR, Aug 29 (Bernama) -- The inaugural Economic and Market Development Conference 2025 gathered over 400 industry leaders, policymakers, and investors from Malaysia and Southeast Asia yesterday, highlighting Malaysia’s and Kulim Hi-Tech...

How Indonesia’s banks can break free from legacy constraints
ndonesia’s financial institutions stand at a crossroads in their technological evolution. Despite the country’s rapid digital adoption in recent years, a significant percentage of the banking system continues to operate on legacy infrastructure...

Port of Melbourne sets record with $154 billion trade in FY25
The Port of Melbourne remains Southeast Australia’s leading trade gateway, handling a record $154 billion in trade during Financial Year 2025 (FY25). Container throughput reached a historic high of 3.39 million TEUs, averaging over 9,200 TEUs...