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Australia targets big firms with tougher modern slavery penalties after US tariff threat
SYDNEY, July 16 — Australia will make big companies criminally liable for modern slavery in supply chains, the nation’s top lawyer said Thursday, weeks after the United States threatened trade tariffs over the issue. Attorney General Michelle Rowland said laws
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Iran claims drone strikes on US facilities in Kuwait, Bahrain
TEHRAN, July 16 — Iran’s army said on Thursday it carried out drone attacks against US bases and facilities in Kuwait and Bahrain, state TV reported, after the United States carried out strikes on the Islamic republic. Iran’s military said
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PAC: RM10.879b cooking oil subsidy failed to fully reach intended recipients
KUALA LUMPUR, July 16 — The Public Accounts Committee (PAC) has called for an overhaul of the country’s cooking oil subsidy management system after finding that the existing mechanism failed to ensure subsidised cooking oil reached those who genuinely needed
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Mat Sabu: Measures in place to protect food supply from El Nino impact
KUALA LUMPUR, July 16 — The government is strengthening various mitigation measures to reduce the impact of the El Nino phenomenon on the agro-food sector, including ensuring more efficient water resource management, expanding the use of smart irrigation technology and providing
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Education Ministry: Nearly 20pc of Chinese secondary students enrolled in UEC schools this year
KUALA LUMPUR, July 16 — Nearly 20 per cent of Chinese secondary school students in Malaysia are enrolled in Chinese independent high schools offering the Unified Examination Certificate (UEC) stream this year, according to the Education Ministry. In a written
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Anwar says 200-litre BUDI95 quota fits most drivers as average RON95 use is 100 litres
KUALA LUMPUR, July 16 — Prime Minister Datuk Seri Anwar Ibrahim defended the reduction of the BUDI95 fuel quota from 300 litres to 200 litres a month, saying the move was based on actual usage data showing that most users
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KWAP deceived into RM200m eFishery investment despite due diligence, says Anwar
KUALA LUMPUR, July 16 — Prime Minister Datuk Seri Anwar Ibrahim today said the Retirement Fund (Incorporated) (KWAP) was deceived by Indonesian aquaculture startup eFishery after the company manipulated its financial statements, despite the fund carrying out due diligence before investing
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Govt refunds RM14.7b in excess tax payments to 3.17 million cases
KUALA LUMPUR, July 16 — The government has refunded RM14.7 billion in excess tax payments involving 3.17 million taxpayer cases as of June 30, 2026, according to the Ministry of Finance (MoF). Of the total amount, RM5.75 billion was refunded
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Wall Street rises as tame inflation data lifts tech giants
NEW YORK, July 16 — Wall Street stocks advanced Wednesday following another benign US inflation report as oil prices edged higher following the latest escalation of fighting between the United States and Iran. Major US indices withstood a midday swoon
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Malaysian households now 18pc better off than before Covid — but debt clouds the horizon
KUALA LUMPUR, July 16 — The average Malaysian household now has 18 per cent more purchasing power than it did in 2019, according to a new consumer outlook report from BMI, a Fitch Solutions company. The findings suggest that while
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