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Prime Minister Anwar Ibrahim has refused to approve a proposed sale of a Felda-owned hotel at a significant loss, directing the agency to submit a comprehensive report on the transaction after discovering the asset would be sold for 100 million British pounds against its original 160 million pound acquisition cost.
The Malaysian Anti-Corruption Commission has secured a five-day remand order for three suspects in connection with the alleged misappropriation of RM450,000 in penalty payments, as the anti-corruption body intensifies its investigation into the case.
Malaysia's Immigration Department is on track to surpass its RM5 billion revenue collection target for 2026, having already collected RM2.6 billion in the first half of the year, according to Home Affairs Minister Saifuddin Nasution.
Malaysia's parliament has approved transferring RM14.5 billion in remaining proceeds from government bond issuances to the Development Fund, part of a broader RM95 billion MGII programme designed to finance infrastructure and bridge fiscal deficits.
Malaysia will maintain its BUDI95 petrol subsidy quota at 200 litres per month, with the government waiting to assess the impact of recent US-Iran ceasefire negotiations on global oil prices before reconsidering restoration to the previous 300-litre allowance.