In-depth reporting on Malaysia and the region.
Prime Minister Anwar Ibrahim has refused to sign off on a proposed hotel sale by the Federal Land Development Authority, after discovering the property would be sold for £100 million despite costing £160 million when acquired. He has ordered a complete report into the transaction.
The Malaysian Anti-Corruption Commission is pursuing charges against more than 100 suspects implicated in a systematic fraud involving false claims to Perkeso, the nation's social security body. Twenty-nine individuals have already been charged.
Malaysia has achieved nearly RM5 billion in budget savings through expenditure control measures implemented across all government ministries and agencies since April 2026, Deputy Finance Minister Liew Chin Tong announced.
Bank Rakyat is financing RM167 million towards Penang's first water infrastructure project using a Build-Operate-Transfer model, set to supply an additional 80 million litres daily to over 223,000 residents by mid-2027.
Malaysia has passed legislation tightening controls over the Kumpulan Wang Amanah Negara after a RM5 billion withdrawal in 2021 exposed regulatory gaps. The new law now requires parliamentary approval for any future fund withdrawals.
The Malaysian Anti-Corruption Commission has launched a major crackdown on fraudulent claims under PERKESO's Daya Kerjaya 2.0 employment programme, opening 81 cases involving 143 companies and detaining 98 individuals over an estimated RM9 million in irregularities.
The Malaysian government is implementing sweeping governance reforms to restore international confidence following the 1MDB scandal, Deputy Finance Minister Liew Chin Tong told Parliament, citing record investments and improved competitiveness rankings.