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Finance Ministry issues guidelines to curb non‑essential spending, safeguard economy and public services

PUTRAJAYA, April 29 — The Ministry of Finance today confirmed that guidelines have been issued to ministries and agencies to reprioritise operating expenditure in response to global supply chain challenges and rising subsidy commitments. The ministry said the measure is

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Oil supply stable for May–June, no disruptions expected for Petronas, says comms minister

KUALA LUMPUR, April 29 — Communications Minister Datuk Fahmi Fadzil said crude oil supply remains stable in the immediate term, with no disruptions expected for May and June, particularly involving Petronas. He said the matter was raised during yesterday’s National

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Umno assemblymen in Negeri Sembilan dismiss rumours of U‑turn, await Zahid Hamidi’s instructions

PETALING JAYA, April 29 — Negeri Sembilan Umno leaders have dismissed speculation that several of their assemblymen may return to support the state Pakatan Harapan government, insisting they will act only on instructions from party president Datuk Seri Ahmad Zahid

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Asia markets rebound as focus shifts to Fed decision and tech earnings

SINGAPORE, April 29 — Markets found their footing in Asian trading on Wednesday as worries ​about the Iran conflict and health of the AI sector eased, optimism over corporate earnings grew, and attention turned to the Federal Reserve’s decision due

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EU warns Meta over failure to keep under-13s off Facebook and Instagram

BRUSSELS, April 29 — The EU said on Wednesday Meta is failing to prevent children under 13 using Facebook and Instagram, potentially exposing them to inappropriate content – and putting the tech giant at risk of a massive fine. The

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S. Korea ex-president Yoon gets seven years in prison over martial law scandal

SEOUL, April 29 — A ‌South Korean ​appeals court on Wednesday gave ‌a seven-year jail ​term to former President Yoon Suk Yeol ​on charges including obstructing investigators trying to execute ‌an arrest warrant ⁠since ⁠his ⁠short-lived 2024 martial law ⁠declaration.

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Crackdown on illegal tourism turned up 71 cases of unlicensed operators in Sabah since last year

KOTA KINABALU, April 29 — Authorities have opened dozens of investigation papers against illegal tourism operators in Sabah since last year as part of an ongoing crackdown on unlicensed activities in the sector, the state assembly was told today. Assistant

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Selangor to encourage data centres to use raw or recycled water to not affect consumer water supply

SHAH ALAM, April 29 — New data centre developments in Selangor are encouraged to use recycled water or treat raw water to suitable standards for cooling system needs. State Investment, Trade and Mobility Committee chairman Ng Sze Han said the

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Malaysia’s inflation eases to 1.4pc in 2025 as ringgit’s strength, BUDI95 help

KUALA LUMPUR, April 29 — Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government. According to the

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Big Four firm KPMG quits US government auditing business, redeploys 450 staff

WASHINGTON, April 29 — Big Four firm ‌KPMG is shutting its federal government ​audit business and will redeploy more than 450 US staff after losing a US$60 million-a-year ‌contract with the Pentagon, the Financial Times reported on ​Wednesday, citing sources.

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