◉ HEADLINES

SMEs

Malaysia must move beyond consuming AI and start building solutions: Teo

Deputy minister says local businesses, SMEs and start-ups must develop AI innovations for Malaysia and the wider Asean market

Minimum wage is not living wage: FMM rejects MTUC’s proposed RM3,100

The drastic increase from RM1,700 presently could make Malaysia less competitive than Asean neighbours, says the Federation of Malaysian Manufacturers

RM50 mil fund set to drive TVET 2.0 and boost high-impact skills programmes

Ramanan says allocation will empower SMEs and strengthen TVET as the nation’s primary pathway for talent development and skilled careers

Bank Negara launches RM5 billion SME support scheme amid global supply disruptions

Scheme designed to shore up business continuity as prolonged conflict strains financing and operations

RM5 bil guarantee, e-invoicing flexibility for MSMEs to weather fallout from Iran crisis

Moves cover higher financing coverage and longer tenure, additional 12-months transition for e-invoicing Phase 4 implementation

◉ Popular

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

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period