HEADLINES

tobacco tax hike

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

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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

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

National shuttlers demand RM2 million salaries: can BAM keep up financially?

Several top athletes aim for salaries that could outpace even the highest-earning footballers, raising questions about the sustainability of funding within Malaysian sports