HEADLINES

Middle East conflict economic impact

Ceasefire offers little relief as Middle East damage continues to strain global economy

Malaysia is expected to continue feeling the economic fallout of the Middle East conflict despite a temporary ceasefire, as damaged energy infrastructure and shipping bottlenecks delay recovery

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Govt to raise alcohol excise duty by 10% from November 2025, tobacco taxes also up: Anwar

Prime Minister says the move, announced under Budget 2026, aims to promote healthier lifestyles and reduce access to alcohol and tobacco, with additional revenue channelled to the Health Ministry

Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

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