HEADLINES

Carmelo Ferlito

Economist urges end to subsidies as Malaysia readies Budget 2026

Carmelo Ferlito of the Centre for Market Education says subsidies distort prices and fuel dependency, calling instead for targeted aid and social vouchers in health and education

No RON95 subsidy news yet: govt reaffirms focus on targeted diesel subsidies

Government stresses it is stabilising diesel subsidies before moving ahead with the expected implementation of RON95 rationalisation

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source