In-depth reporting on Malaysia and the region.
Prime Minister Anwar Ibrahim says Malaysia will intensify reviews of new investment applicants to guarantee they generate genuine employment and economic benefits, targeting companies that operate warehouses and transit hubs without contributing locally.
Thai authorities arrested 13 foreign nationals in Hua Hin during raids targeting companies allegedly using Thai nominees to hold beachfront properties worth millions. The operation marks the sixth phase of a nationwide campaign against illicit foreign ownership structures.
Malaysia's Home Ministry is strengthening enforcement operations against foreign tourists illegally engaged in business activities while holding social visit passes, particularly in Semporna, Sabah. The government aims to protect local economic interests.
Deputy Prime Minister Zahid Hamidi says Malaysia will benefit economically from its involvement with the Bahrain Grand Prix through increased tourism and heightened global visibility that could attract foreign investment.
A Chinese businessman's RM110 million legal claim against a property developer and marketing firm has been dismissed by the court. He had alleged being misled about hotel-style accommodation use for 51 luxury residential units he purchased.
Sabah's government is cracking down on 'Ali Baba' tourism operations where foreign nationals control businesses registered under local nominees, threatening the state's economic reputation and the livelihoods of 380,000 workers.
Malaysia's Economy Ministry is developing new laws to combat rent-seeking and Ali Baba schemes involving foreign nationals, aiming to protect local businesses and improve competitive fairness across the economy.
Johor's Regent has pledged decisive action against Network School in Forest City, stating the state government will revoke operating licences if violations are substantiated during ongoing investigations.
Transport Minister Anthony Loke has reaffirmed that the government does not interfere in management appointments at port operators, even when foreign nationals assume leadership roles, as long as Malaysian ownership stays above 51 per cent.
Forest City has pledged complete cooperation with authorities investigating allegations of Israeli connections to Network School, amid mounting scrutiny of the educational institution's backers and operations.