Malaysia Money Matters Daily News Podcast

In today’s episode, we unpack a split market story — surging optimism in Malaysia’s tech sector versus geopolitical uncertainty unfolding right here in Kuala Lumpur. Semiconductor recovery, regulatory pressure, and diplomacy all collide in one eventful week.Tech & Market Highlights⚙️ Chip Comeback in Full Swing* ViTrox Q3 profit jumps 50%* UWC sees seven‑fold growth in Q4💥 Tariff Threats Still Loom* President Trump hints at 100% chip tariffs🚀 THMY Holdings Skyrockets on Debut* Shares tripled on first day — best ACE Market debut in two years* Plans to quadruple capacity by 2029, funding new AI‑driven factoryEnergy, Governance & Corporate Risk⛽ Petronas Profit Down 19% (H1 2025)* Global crude average: US$71.87/barrel* Highlights volatility between record upstream investment (RM256B since 2018) and falling returns⚠️ KNM Faces Bursa Warning* Bursa flags MAA Group’s non‑compliance in proposed RM270M German unit sale* Needs 75% shareholder approval; tight Oct 30 debt‑settlement deadline📉 Perak Transit Plunges Amid Insider Trades* RM360M market value wiped; stock hits 5‑year low* MD actively buying and selling shares during turbulenceRenewables & Regional Projects🌞 Sarawak’s Solar Push* Zecon signs 30‑year deal to build & operate 100MW solar plant for SescoDiplomacy & Policy Front🤝 US‑China Trade Talks in KL* Held Oct 24–27 — rare earths, tariffs, and tech supply chains on the table🕊️ Thailand–Cambodia Peace Deal Nears Completion* Expected to be signed at Asean Summit in KL; President Trump may witnessGlobal Energy & Market Moves🛢️ Oil Prices Spike 5%* Triggered by new US sanctions on Lukoil & Rosneft* China—major importer—hit hardest; OPEC signals possible output hike🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s episode, we explore two major currents shaping the landscape: rising market volatility and growing corporate and policy accountability — from dramatic stock swings and lawsuits to infrastructure moves, policy pivots, and global tech competition.Market Watch & Corporate Headlines📉 IOI Corp Faces KLCI Exit Risk* Failing liquidity requirements may see it replaced by Westports Holdings* Index reshuffling could trigger fund rotation and renewed volatility🚨 Perak Transit in Freefall* Stock lost nearly 50% in one day* Company says “business as usual” — fundamentals unchanged⚖️ Petronas Gas Hit with RM68M Class Action* Linked to April’s gas pipeline fire in Putra Heights* Negligence allegations could set precedent for infrastructure liability🚄 MAHB Points Finger Over KLIA Aerotrain Woes* Holding Alstom & IJM-Pestech JV accountable for 3 breakdowns* All within defect liability period; independent review launchedGreen Energy & REIT Updates🚀 Verdant Solar Pops 19% on ACE Debut* Riding strong solar sentiment* Capital raised will fuel M&A-driven diversification beyond residential projects🔌 Zecon Bags 30-Year Solar Deal in Sarawak* 100MW plant to supply Sesco* Aligns with Sarawak’s large-scale solar energy roadmap🍺 Heineken Defies Headwinds* Q3 beer volume grew despite looming 10% excise duty hike* Price increases of 3–15% expected — but historical data shows limited earnings impact🏢 REITs Hold Firm* IGB REIT, IGB Commercial, CapitaLand Malaysia Trust post stronger net property incomePolicy, Governance & Legal💰 Sabah Revenue Ruling in Focus* PM Anwar acknowledges court-ordered 40% share claim* Balancing act with existing RM17B federal allocations🌊 Flood Risk Now Part of Housing Project Approvals* Integrated into technical reviews going forward* But fixing legacy drainage systems remains a major challenge📵 Prepaid SIM Limit to Fight Scams* Limit: 2 lines per telco (Malaysians); 2 total (foreigners)* Aims to cut scam lines and deepfake frauds🏦 BNM Tightens AMLA Procedures* Banks must provide written notice with reasons for account closures under AMLAMacro View📈 Inflation Inches Up* September CPI: +1.5% YoY* Still muted, but...⚠️ Debt Servicing Burden Growing* Projected to hit 17% of revenue by 2026* GST Coming back?Global & Tech🇨🇳🇺🇸 US-China Trade Tensions Persist* China’s exports to US holding strong at ~$1B/day* Early signs of decoupling in sectors like gaming consoles🧠 AI Arms Race Intensifies* OpenAI launches ChatGPT Atlas, a direct browser competitor to Google* Google fires back with Quantum Echoes — promising supercomputer-class speed* Meanwhile, Meta cuts 600 jobs in AI to “accelerate decision-making”🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s episode, we unpack the tug-of-war between bullish long-term optimism and short-term caution in the Malaysian market — from UOB Kay Hian’s Buy call to foreign outflows, corporate plays in green energy, and political shifts abroad.Market & Corporate Headlines📈 UOB Kay Hian Turns Bullish on Bursa* Upgraded to “Buy” with a RM9.80 target price* View: US rate cuts will bring capital back to emerging markets like Malaysia⚠️ PNB’s Stark Warning* CEO Abdul Rahman calls for transformation or face “another lost decade”* Points to KLCI’s poor shareholder returns over the past 10 years🔋 Solarvest Raises RM254M for Expansion* Private placement funds earmarked for 3 major solar projects* Locations: Perak, Sarawak, Kuala Langat🌊 Vantris Energy (ex-Sapura) Secures Saudi Aramco Deal* 7-year diving support contract, starts May 2027* Diversifies revenue outside Malaysia and stabilizes cash flow📦 PPB Group Minimizes Indonesia Risk* Clarified that Wilmar’s sugar issue has no material impact* US$2.5M deposit flagged by regulators, but financials unaffectedFund Flows & Market Sentiment📉 Foreign Outflows Continue* RM962.8 million net selling last week* Sectors hardest hit: Financials, Healthcare, UtilitiesPolicy, Trade & Regional Diplomacy🇲🇾🇺🇸 Trump’s Visit to Asean Summit Confirmed* Scheduled for Oct 26–28 in Malaysia* PM Anwar: Focus on trade, investment, Gaza, regional diplomacyGlobal Headlines & Commodities🇯🇵 Japan Elects First Female PM* Sanae Takaichi ushers in a hard-right shift* Economic outlook: Return to Abe-style stimulus* Market response: Positive on “Takaichi trade,” but long-term debt concerns loom🥇 Gold Tumbles 6.3% – Biggest Drop in 12 Years* Causes: Easing US-China tensions + stronger USD* Suggests: Risk appetite rebounding — temporary retreat from safe havens🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode spotlights the tension between Malaysia’s domestic strength and rising global headwinds — from Genting’s market rally and Moody’s credit warning, to SME credit risk, KLIA breakdowns, and intensifying global tech trade friction.🏢 Corporate & Financial Highlights🎰 Genting Rally vs Moody’s Warning* Genting shares surged on optimism over a New York casino license* BUT: Moody’s placed Genting on review for downgrade* Concerns over RM6.3B debt for GenM acquisition🏢 SMEs Facing Credit Strain* Bank Negara: Impaired loan ratio for SMEs rose to 3.6%* Persistent cost pressures despite solid macro conditions🌱 KWAP Launches Dana Iklim+* Malaysia’s first climate-focused investment fund* Targeting RM2B in green investments* Goal: Reduce up to 1 million tonnes of CO₂📉 Macroeconomy & Infrastructure📊 3Q GDP Expected to Ease Slightly* Forecast: Around 4.2% growth, down modestly* Cause: Normalising exports post-August US tariffs✈️ KLIA Aerotrain Under Fire* 20 incidents since July restart* MOT considering fines; independent review underway⚡️ Post-Outage Power Sector Push* CGS International calls for new investment cycle* Nuclear option? Rosatom suggests floating power units (FPUs) by 2031🛡️ Policy, Trade & Regulation🚫 Malaysia Tightens Export Controls* Focus: Dual-use tech with military potential* Strategic Trade Act invoked in response to potential US tariffs (up to 300%)📉 Debt Sustainability Under Pressure* Fiscal deficit target: 3.8% of GDP (2025)* Debt-to-GDP ratio now 64.7% (legal ceiling: 65%)* Debt servicing forecast to hit 17% of revenue (2026)🌍 Political & Global Highlights🗳️ Sarawak Election Set for Nov 29* Nomination day: Nov 15* EC confirms it won’t conflict with SPM exams🖼️ 1MDB Asset Recovery Update* Efforts ongoing via National Visual Arts Board* Artworks by Basquiat, Picasso already sold & proceeds recovered⚖️ Sulu Arbitration: Major Legal Win* Spanish Supreme Court upheld conviction of arbitrator Gonzalo Stampa🌐 Rare Earths & US-China Tensions Escalate* China defends export controls* US exploring direct equity stakes in firms like Intel, rare earth miners🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s deep dive explores major corporate wins and growing risks — from NexG’s latest government deal to Tenaga’s regional power ambitions, retail IPO momentum, AI mega-investments, and Malaysia’s narrowing fiscal room. Big infrastructure, big opportunity, and big pressure.🏢 Corporate Moves & Market Signals🪪 NexG Lands 3rd Gov Contract, But Board Quits* 18-month extension to supply foreign worker cards* Adds to MyKad + passport contracts* BUT: Five directors resign unexpectedly🔍 HeiTech Padu Contract Jumps RM58M* NIISe deal now totals RM1.05B* New biometric system (ABIS) added🔋 Tenaga-Sarawak Power Link Plan* Seeking consortium partners for a 700km undersea cable* Goal: Transmit 2,000MW of Sarawak hydropower* 70% of output earmarked for Singapore🥐 Retail IPOs: RT Pastry & Goldfinch Group* Both heading to the ACE Market* Expansion focus: East Coast & Southern Malaysia⚡️ Infrastructure, Energy & Fiscal Watch⚡ Power Outage Highlights Grid Fragility* Lightning strike at Edra Melaka, the country’s biggest gas plant* Caused blackouts across Klang Valley & Johor Bahru📉 Fiscal Deficit: On Target, But Tightly So* Govt sticking to 3.8% deficit target (2025)* Federal debt at 64.7% of GDP (legal limit: 65%)* Debt service to hit 17% of revenue in 2026 (legal limit: 15%)🧑‍⚖️ Policy & Regulation👶 Govt to Enforce eKYC for Social Media* Aims to block under-13 users & curb scams* 78% of scam content traced to Facebook🌏 Global Moves & Market Forces🏅 Gold Hits US$4,200, Copper Surges* Gold climbs on rate cut expectations + safe haven demand* Copper may touch US$12,000/tonne💾 AI Deal of the Year: Aligned Data Centers* US$40B acquisition backed by Nvidia & BlackRock* Signals scramble for AI infrastructure control🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode covers Genting Malaysia’s takeover twist, big domestic expansion bets in property, logistics, and EVs, plus global tensions driving market volatility. From LRT tenders to crypto crashes, we break down the stories shaping your portfolio.🏢 Corporate Moves & Market Trends🎰 Genting’s RM2.35 Offer Sparks Debate* Genting Bhd launches a conditional voluntary offer* Analysts split:* Undervalued due to Miami land + NY casino license catalysts (worth up to RM1+ per share)* OR attractive exit above some target prices🍗 CAB Cakaran Goes Big on Retail & Feed* RM100M expansion plan: grow Kyros Kebab outlets from 25 to 100+* Strategic acquisition of Cargill’s feed ops = vertical integration & margin boost🚆 MRT Corp Opens Penang LRT Bids* Focus: sea crossing viaduct package* Updated ceiling: RM16.8B📦 Southern Cable’s RM259M Placement* Expand cable output by 25%, triple aluminium rod capacity by 2027* Target: 30% of revenue from overseas🔋 Sapura Industrial Enters EV Supply Chain* JV with Singapore partner to manufacture lithium battery parts⚖️ Grab Wins in Court, Avoids RM86.8M Fine* Federal Court dismisses MyCC appeal* Major legal victory for the ride-hailing giant💰 Velesto Energy Dividend Buzz* Maybank IB sees potential 3 sen dividend (12% yield)* Strong cash flow backing the view🏭 KNM Group Warning from MAA* RM100M lifeline hinges on Deutsche KNM sale by Oct 30* High-stakes countdown continues💼 Policy, Regulation & Governance📉 Hire Purchase Act: Big Consumer Win* Abolishes Rule of 78* Early settlements now benefit from reducing balance model📊 1MDB Recovery Hits RM20.7B* Funds recovered from Goldman Sachs, AmBank, JP Morgan* All redirected to the asset recovery trust account📈 Ringgit Strengthens 5.8% YTD* PM cites overseas travel uptick* Malaysia now assessing how to keep local tourism spots competitive (e.g. Langkawi)🌍 Climate Bill Delayed* More industry engagement needed* Carbon tax discussions ongoing🚛 JPJ Launches Crackdown on Overloaded Trucks* Repeat offenders risk permit termination🏗️ Infrastructure & Energy🔌 Cable Theft Hitting ECRL Hard* 32+ incidents since June* Over RM3M in losses for China Communications Construction🧭 Political & Legal Updates🚫 Bersatu Expels Wan Saiful, Suspends Another* Internal party discipline heating up⚖️ Tax Ruling: Directors’ Fees = Business Income* Court of Appeal ruling now final🌍 Global Headlines & Economic Shifts🌐 US–China Trade Spat Escalates Again* New port fees targeting shipping firms📉 Crypto Markets Crash $150B* Bitcoin drops to $111,500* Driven by trade friction jitters🛢️ IEA Predicts Major Oil Glut by 2026* Surplus of 4 million barrels/day expected* Slower demand + EV growth = lower oil outlook📈 IMF Lifts 2025 Growth to 3.2%* But warns: tariffs & protectionism could dent long-term prospects🏦 Big US Banks Beat Earnings* Goldman Sachs, JPMorgan shine🤖 AI Bubble Worries Growing* 54% of global fund managers (BoA survey) believe AI stocks are overvalued🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode dives into Malaysia’s corporate turnaround stories, strategic plays abroad, and rising geopolitical tensions that ripple right into local markets. From Top Glove’s first post-pandemic profit to the latest in rare earth politics, we connect the dots so you don’t have to.🏢 Corporate Moves & Market Signals💸 Public Bank Stake Trimmed for Compliance* Founder’s estate sold 50M shares* Stake now at 22%+🧤 Top Glove Returns to Profit* FY25 profit: RM109M — first since the pandemic* Boosted by 75% utilization and 80% US tariff on Chinese gloves🏥 IHH Sticks to Fortis Offer Despite 8x Price Jump* Proceeding with mandatory open offer for 26% stake in India’s Fortis⚙️ KNM Rejects MAA’s EGM Request* MAA wanted shareholder vote on Deutsche KNM sale* KNM board says sale (RM270M) is key to RM1.3B debt restructuring🛢️ NuEnergy Takeover Completed by Agrobulk* Offer price: RM0.60/share🌐 Ramssol Appointed Tencent Cloud Distributor* Covers 6 ASEAN markets* Includes AI-powered “digital humans”⚖️ Policy, Regulation & Consumer News📄 Court: Director Fees Are Business Income* Court of Appeal rules for independent non-executive directors🧑‍💻 No Mandatory Socso for Gig Workers (Yet)* Govt emphasizes flexibility for gig economy* Says contribution rules may be reviewed in future🏦 Felda’s RM2.77B Loan Repayment Due* Eagle High deal debt matures Oct 13⚖️ Petros vs Petronas: Not a Feud, Says GPS* Dispute over gas rights framed as state law enforcement, not rivalry🏗️ Lynas Facility Behind Schedule* 72% complete, 10% delay* License expires March 2026💰 Consumer & Legal Wins🚗 Hire Purchase Act: Major Consumer Win* Rule of 78 officially abolished* Early settlements now benefit from reducing balance method🌍 Global Headlines & Macro Shifts🕊️ Israel–Hamas Ceasefire Signed* Includes hostage exchange* US President’s initiative; activation expected within 72 hours of cabinet approval🧪 China Tightens Rare Earth Export Controls* Targets processing tech, especially in defense and semiconductors🌐 IMF: “Better than feared, worse than needed”* 2026 slowdown expected* Warns of AI bubble risk and geopolitical headwinds🇺🇸 Fed Signals Rate Cuts Ahead* NY Fed President backs more cuts* Due to softening US labor market🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode dives deep into Malaysia’s evolving corporate strategy, fresh consumer finance wins, and global economic anxiety. From major international tie-ups in housing and logistics, to the historic rise in gold prices, we track how local ambitions intersect with global headwinds — and what it means for you.🏗️ Corporate Moves & Strategic Shifts🏘️ SP Setia + Mitsui Fudosan JV* RM1.3B landed housing project in Setia EcoHill Semenyih* Mitsui’s first landed housing venture in Malaysia📦 Matrix Concepts x Golog Holdings MOU* RM8B Air Silk Road Dual Hub in Negeri Sembilan* AI- and IoT-powered logistics park across 618 acres🛫 Pecca & Betamek Diversify Beyond Auto* MOU to co-develop in-flight and railway entertainment systems🖥️ GUH Holdings: Two-Pronged Expansion* Investing in advanced PCBs for high-reliability industries* Launching RM1.2B SA Sentral property project in Penang💸 Tropicana Corp Pays Down More Debt* Redeems RM139M sukuk tranche* Over RM1.1B total repaid under this program⚖️ AT Systematization Scandal* Ex-director faces 41 charges tied to RM16.35M fund misappropriation💰 Consumer Wins & Policy Reforms📜 Hire Purchase Act Amended* Rule of 78 abolished* Loans now follow reducing balance method🧓 EPF Reform in Focus* Government considering a 2-account system* 📉 Just 23.9% of members aged 18–55 meet minimum savings🌏 International & Market Signals🎯 Gold Hits Historic US$4,000/oz* Driven by:* Geopolitical risk* US shutdown* Interest rate cut expectations💸 RBNZ Surprises with 50bps Rate Cut* Now at 2.5%🇺🇸 Trump’s ASEAN Summit Conditions Raise Tensions* Reported pre-conditions:* Oversee Cambodia–Thailand peace deal* Exclude Chinese officials🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode explores the sharp contrast between bullish corporate moves and cautious macro signals. From MMC’s delayed IPO and Binastra’s RM305M green energy project to World Bank concerns about Budget 2026 and trade headwinds, we connect the micro-moves with macro-pressures shaping the financial landscape.🏢 Malaysian Company & Market Moves🚢 MMC Port IPO Delayed to 2026* Postponed to include full FY2025 results📈 New ACE Market Filings: MM Computer Systems & Liftech Group* IPOs to fund expansion in IT services and crane manufacturing💰 Pawn Loans Back New Bond Class* New Paradigm Securities launches Asia’s first pawn loan-backed bond* RM231M raised amid soaring gold prices🧠 Insights Analytics Targets 38% PAT Margin* Intelligent asset management firm maintains high-margin outlook post-IPO🔋 Binastra Lands RM305M Solar PV + Battery Project* 65MW solar + 200MWh battery system in Johor⚖️ McDonald’s Wins Trademark Dispute vs. McCurry* High Court rules McCurry brand too close to McDonald’s🏛️ Policy, Budget & Legal Updates📊 Budget 2026 Preview* Headline spending expected to cross RM430B, but mostly operating expenditure* Development spending likely flat at ~RM86B📉 World Bank Revises Malaysia’s Growth Outlook* 2025 GDP: 4.1% (up slightly)* 2026 GDP: 4.1% (flat, with cooling demand and slow investment)💼 Muhyiddin Bribery Case Set for January* AGC rejects application to drop charges; trial proceeds🚬 Proposed Vape Tax Hike: 10X Increase* From RM0.40 to RM4.00 per ml🌏 Global Trade & Economic Outlook📦 WTO Slashes 2026 Trade Growth Forecast* Now just 0.5%, down from 1.8%* Blames delayed tariff effects, especially from anticipated US-China friction🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode dives into Malaysia’s ambition-versus-accountability tension. From Khazanah backing rare earth strategies and DNeX’s cross-sector energy push, to CelcomDigi’s RM72.6M arbitration claim and sobering audit revelations, we explore how bold growth initiatives are colliding with governance weaknesses. Plus, gold, Bitcoin, and AI stocks are spiking globally — but so are the red flags.🏢 Malaysian Corporate & Market Highlights🔋 DNeX Expands Upstream & Downstream* ✅ Ping Petroleum gets greenlight for Abu oil field (3,000 bpd target)* ✅ New 1-year Petronas station maintenance contract signed🛰️ Khazanah Eyes Rare Earth Investment* Talks with China ongoing; Malaysia’s non-radioactive REE assets now valued at RM89.6B📶 CelcomDigi Faces RM72.6M Arbitration Claim* IMMA Tech dispute over services agreement; company says no major impact on FY25📉 Lion Industries Pauses Steel Plant Ops* Banting facility idled amid rising energy costs, linked to tariff hikesReinforces competitiveness concerns in local heavy industry🚀 IPO Activity & Contracts* Powertechnic launches ACE IPO at 35 sen* Cheeding Holdings wins RM33.94M TNB data center contract in Johor📈 Tight Bond Market* Malaysia sees weakest bond demand in 2025* Investors shift to higher-yielding corporate paper as rate cut hopes cool🧾 Governance, Oversight & Policy📊 Securities Commission Targets RM2B AUM by 2026* Single Family Office framework kicks off with RM400M across 6 approvals* Minimum RM500K annual local spending = real economic flow📉 Audit Report Flags Major Oversight Failures* RM54.5M in penalties unenforced against fleet concessionaire* East Sabah ESS marine police hub still incomplete after 10 years, now RM28.7M over budget💼 RM490B in Gov’t Debt Due in 5 Years* Auditor General urges tight monitoring; 2024 debt servicing hit RM50.5B📜 Hire Purchase Bill 2025 Tabled* Introduces effective interest rate model for fairer consumer lending⚖️ 1MDB Update: Jho Low’s Father Linked to US$456M* Court hears new details in ongoing embezzlement case🔧 AG Role Separation Decision Imminent* Cabinet to rule soon on splitting Attorney General & Public Prosecutor duties🏛️ Sabah State Assembly Dissolved* 17th state election due within 60 days = renewed political volatility🌏 Global & Regional Forces💸 Safe Havens Surge* Gold tops US$3,900* Bitcoin hits US$125,689 amid shutdown fears, rate anxiety🤖 AMD Signs Landmark Deal with OpenAI* Stock jumps 34%🇪🇺 Europe: Political Volatility Spikes* French government collapses in 14 hours* Czech billionaire Andrej Babis makes populist comeback📈 Vietnam GDP Soars to 8.23% (Q3)* Fastest growth since 2022, fueled by pre-tariff export rush🚢 Global Gaza Flotilla Intercepted* 23 Malaysians detained by Israel; PM Anwar promises legal action🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s briefing, we break down a landscape defined by dual momentum: booming confidence in Malaysian tech stocks amid a global AI surge — and rising local pressure from regulatory reforms, tax disputes, and governance shakeups. From Tenaga’s court win to the Gaza flotilla fallout, we explore how market forces and geopolitics are colliding as we head into Q4.🏢 Key Malaysian Corporate & Market Updates⚖️ Tenaga National wins first round in RM78.5M tax dispute* Minor stock bump (+0.9%), but a significant precedent for other listed firms⚖️ Feed Millers Secure Judicial Review Against RM367M Fine* Leong Hup, PPB, and others pause MyCC’s largest ever price-fixing penalty📈 Insider Moves to Watch* 🛠️ T7 Global: Largest shareholder boosts stake to 22.7% (RM12M buy-in)* 🧪 VS Industry: MD increases holdings while others trim—mixed signal* 🏗️ Binastra: Prudential’s Eastspring emerges with 5.78% stake—institutional vote of confidence🆕 IPO Pipeline Heats Up* BMS Holdings gets ACE Market greenlight—funding showroom, distribution expansion* Elsa Oil & Gas eyes ACE debut to fund robotics division🤖 AI Push: Censof Appoints First Chief AI Officer* Signals serious intent to drive automation, compliance efficiency, and long-term margin gains📊 Sector Trends & Q4 Outlook🚀 Malaysian Tech Stocks Outperform Asia* Inari up 11%; sector index +5%* Riding the global AI wave, with hopes of Fed easing adding fuel🔍 Analog Devices Endorses Malaysia’s Chip Ambitions* Moving beyond backend assembly to IC design & innovation* Signals genuine shift up the semiconductor value chain🌏 Malaysia-China Rare Earths Talks Deepen* Potential tech-for-access swap involving Khazanah📈 KLCI Q4 Outlook: Best in 5 Years?* Fund inflows driving optimism* But analysts caution: gains will be selective, not broad-based* RAM survey: business sentiment improving but SMEs still feeling cost and reform pressure💸 Policy Signals: Budi95 Expansion Likely* More RON95 fuel support for e-hailing drivers expected in Budget 2026🌐 Sarawak & World Bank Partner on SOE Reform* Push for greater transparency, accountability at the state enterprise level🌍 Global Headlines Shaping Local Risk💼 Elon Musk Hits US$500B Net Worth* Tesla, SpaceX, and xAI surge* OpenAI valuation (also US$500B) lifts chip stocks by US$200B globally🇺🇸 US Shutdown Looms, Hiring Slows* Trump threatens worker firings amid spending impasse* US job hiring hits 16-year low, more volatility ahead🌎 Malaysia’s Diplomatic Spotlight* Asean Summit seen as possible Trump–Lula meeting venue🚢 Gaza Flotilla Incident: Malaysia Reacts* PM Anwar condemns Israeli interception* 23 Malaysians detained aboard the Sumud flotilla🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s fast-moving briefing, we examine how Malaysian companies are working to create internal clarity — from Petronas Gas’ structural revamp to court decisions that shield directors — all while global instability ramps up, including a partial US government shutdown and fresh trade recalibrations.🏢 Malaysian Corporate Moves & Legal Developments🏗️ Petronas Gas Reorganizes: Split into Regulated vs. Non-Regulated* Launch of PG Energia to house utility and energy ventures⚖️ Petronas vs. Petros (Sarawak) Dispute Back in Court* Ongoing conflict over gas licensing authority🔍 Iris Case: Court Reaffirms ‘Business Judgment Rule’* Directors shielded from liability if acting in good faith and due care, even if business decisions fail📈 Custom Food Holding Eyes Main Market IPO* Backed by Creador🥇 Westports Wins ESG Gold* Best of the Best award at The Edge ESG Awards💰 Banks Go Big on Fundraising* Public Bank launches RM10B commercial paper programme* RHB Bank rolls out RM5B multicurrency sustainable financing programme🌍 Global Uncertainty, Local Opportunity🇺🇸 US Partial Government Shutdown Begins* Gridlock over funding* ~750,000 workers potentially furloughed* Gold prices spike to record highs amid flight to safety📊 Malaysia Named ASEAN’s Top Trade Performer – Standard Chartered* 1 in 3 global firms plan to increase trade with Malaysia* Driven by supply chain realignment and confidence in stability🛢️ Policy & Regulatory Updates⛽ Expanded RON95 Subsidies* E-hailing drivers and registered boat owners to receive additional fuel aid* Rollout expected mid-October🚭 Perak Joins Vape Ban from Jan 1, 2026* Follows national health policy trends🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode is a tight, fast-paced breakdown of the growing tension between global trade moves and local corporate resilience. From surprise earnings swings and takeover discounts to evolving subsidy policies and geopolitical shocks, it’s all about understanding how the external is shaping the internal — and your investment decisions.🏢 Malaysian Corporate Highlights📉 VS Industry Swings to RM33M Loss* Revenue down 29% in 4QFY2025* Main cause: US reciprocal tariffs delaying client orders⚠️ Vestland MGO at Deep Discount* Concert party triggers mandatory takeover offer* Offer at 34 sen vs market price of 50.5 sen🏗️ Mitrajaya Doubles Data Centre Contract to RM800M+* NEXTDC Malaysia job expanded* Stock hits 7-year high⚠️ Greenyield Governance Tensions Escalate* Second EGM called to remove chairman and directors* Follows CEO resignation in ongoing family-business fallout🔍 Sector Sentiment & Market Trends💻 Tech Sector Upgraded to Overweight by Kenanga* Chip upcycle may run into mid-2026* Driven by demand in AI and 5G🛢️ Oil & Gas Also Overweight – CGS International* Oil holding steady in the high US$60s* China stockpiling crude, supporting prices🇲🇾 Domestic Policy & Energy Moves⛽ RON95 Subsidy Cut-Off for Non-Citizens* 900K+ non-citizens with Malaysian licenses to pay RM2.60/l💰 New Rule: Personal Loans Over RM100K Require Financial Literacy Module* Takes effect 2027⚡ Pulau Indah 1,200MW Power Plant Inaugurated* Combined-cycle gas turbine facility supports energy transition goals🔋 Selangor Sends Talent to China for Nuclear Training* Tsinghua University partnership🌍 Global Trade & Geopolitics🇺🇸 New Trump Tariffs: 10% on Lumber, 25% on Furniture* Starts Oct 14 under national security grounds (Section 232)* Targets: Canada, Mexico, Vietnam🇮🇳 India Faces US$16.8B in Stock Outflows* Reasons: US tariffs + higher H-1B visa fees* Rupee hits record low at 88.80/USD despite RBI intervention🇺🇸 US Shutdown Looms Again* Funding deal gridlocked* Could delay flights, job data, impact confidence🇵🇸 Gaza Peace Plan Deadline Approaching* US-backed proposal includes ceasefire + Hamas disarmament* Hamas rejects plan as biased🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode cuts through the noise on a wave of regulatory scrutiny in Malaysia’s steel sector, landmark penalties at Wilmar, Sapura’s struggles under its new name, and major market signals both locally and globally. From policy shifts to pricing trends, it’s all about understanding the mix of pressure and opportunity shaping your next move.📉 Malaysian Company & Market News🔎 MACC Freezes Unit of Mayu Global in RM950M Scrapyard Probe* Sunrise Manner (80%-owned by Mayu) linked to scrap metal smuggling* RM950M in alleged tax losses under “Op Metal”💥 Wilmar Hit with RM3.1B Penalty, PPB Warns of Q3 Losses* Graft case from 2021 resurfaces in Indonesia* PPB’s key associate now expects quarterly loss, though FY outlook remains profitable📉 Vantress Energy (ex-Sapura) Posts RM230M Loss* FX losses of RM239M despite debt halving to RM5.6B🚧 Gamuda Secures S$1B Singapore Project* Acquires 50% controlling stake in Chencharu Close development* Expands RM3.31B regional project portfolio💳 AEON Credit & MUFG Launch RM500M Social Loan* Focus: underserved Malaysians earning ≤ RM2.5K/month⚙️ Sector & Policy Developments⚡ Electricity Tariff Relief Announced by Tenaga Nasional* 6.5 sen/kWh rebate kicks in October, thanks to falling fuel costs* Rebate applies to most users, possibly extended into 2026🏗️ Steel Industry Faces Structural Shake-Up* Steel Roadmap 2035 unveiled:* 🚫 Ban on new BF-BOF (high-emission) plants* 🛑 Stricter licensing rules* 💰 Potential carbon tax by 2026🌍 Global Trends & Market Signals🏅 Gold Surges to US$3,800/oz – Record High* Driven by Fed rate cut bets + global geopolitical unease📈 Stocks Rally as Goldman Turns Bullish* Cites strong US economic data and supportive Fed policy🗳️ Political & Governance Updates🗳️ Simultaneous Elections Proposal Faces Pushback* Civil society groups prefer fixed election dates for:* 🧭 Governance clarity* 📅 Economic predictability* 🚨 Disaster preparedness📌 Key Takeaways✅ Regulatory attention is mounting—from scrap metal smuggling to steel emissions✅ Wilmar’s penalty underscores long-lingering risks from past actions✅ Market sentiment is split: gold hits records even as stock outlook improves✅ Electricity rebates offer short-term relief, while carbon taxes and policy pivots are setting the long-term tone🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s episode, we break down how Malaysia’s leading corporates are managing risk amid legal battles, global trade uncertainty, and internal shifts. From a brewing RM600 million exposure at PPB to the prospect of a national vape ban, the message is clear: in a volatile climate, focus is everything.📈 Malaysian Corporate Headlines⚖️ PPB Faces RM600M Risk from Wilmar Case* Indonesian Supreme Court reverses Wilmar’s acquittal* Linked to graft case on cooking oil exports* PPB hasn’t provisioned for the potential loss💼 Bermaz Auto Rejects Shareholder Push* Pangolin Asia Fund proposed tying director fees to market-purchased shares* Board rejected it outright📉 Yinson Profit Halved* Q2 net profit: RM101M* Dragged by EPCIC segment + higher finance costs📺 Astro Q2 Profit Drops 70%* Subscriptions + ad revenue down sharply* Small bright spot: first net pay TV customer growth since 2018🚀 Infrastructure IPOs Show Strong Demand* Cheeding Holdings (utilities): Public tranche oversubscribed 40.28x* Farm Price Holdings earnings forecast to jump 33% in FY26🏢 F&N Monetizes Non-Core Assets* Selling half-stake in PJ property: RM180M🌍 Trade & International Relations🇺🇸 US-Malaysia Tariff Talks Before Trump’s Visit* Aim: Resolve reciprocal tariffs (~19%) ahead of October ASEAN Summit* Exports to US already down 16.7%🇪🇺 Malaysia-EU FTA Talks Set for November* Complicated by EUDR (deforestation regulation)* Despite 57% drop in primary forest loss, Malaysia still classified as “standard risk”🇲🇾 Domestic Policy & Legal Moves🛢️ Vape Ban Incoming by Mid-2026* Ministry of Health plans phased ban on vape sales* Part of broader anti-addiction strategy* Paired with expansion of Sara Aid to include healthier foods⚖️ SRC Civil Trial: Najib’s Accountability Questioned* RM4B pension fund involvement* SRC lawyers argue “too busy” isn’t a valid defense💡 Final ThoughtThere’s a clear pivot toward core focus—both in business and governance.* Companies like F&N and Yinson are shedding distractions.* The government is doubling down on accountability and regulatory clarity.* Meanwhile, unresolved trade issues with the US and EU hang over our export future.The message?💬 Stay lean. Stay strategic. And keep your eyes on the big picture.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s episode, we explore Malaysia’s shifting tech and infrastructure momentum, unfolding political and regulatory stories, and how regional markets are reacting to persistent trade headwinds. From soaring IPOs to luxury car tax dodges, it’s another packed day of money, markets, and macro moves.📈 Malaysian Corporate Highlights📊 XPB Debuts Strong on ACE Market* IPO oversubscribed 13.55x* Debut close: +12.5% at RM0.225⚡ EI Power Files for ACE Listing* Focus: Electrical systems for data centers* Backed by OCK Group* Target markets: Thailand & Johor🆔 NexG (formerly Datasonic) Launches RM250M Expansion* Phase 1: RM85M to double passport production* Supporting RM1.73B gov’t contract* Introduced MyNasional, a private digital ID platform✈️ Capital A Targets PN17 Exit by Year-End* Needs disposal of airline ops to AirAsia X + RM1B capital🏗️ LB Aluminium Profit +31%* Q1 net: RM1.6M* Driven by PSV1 project (87% sold)🏭 Winstar Capital Faces Costly Delays* RM14.5M aluminium plant still idle due to final approvals* Paying depreciation & loan interest with no returns yet⚠️ C-Suite Movements* CEO of Sentral REIT resigns* CFO exit at CTOS Digital, shortly after CEO left🛢️ National Policy & Governance⛽ Budi95 Fuel Subsidy Defended* Savings estimated: RM2.5B–RM4B/year* Cut foreign + business access (22% of old volume)🚘 Road Tax Dodging on Luxury Cars* RM35.7M owed from just 5 high-end brands* Porsche alone: RM3.7M⚖️ Legal & Corruption Updates* MACC probe into Dr. Mahathir now extends to Switzerland* Abu Sahid faces fresh CBT charge: RM145M* Former director Yap Wee Leong: 9 counts incl. money laundering🌍 International Outlook🌴 Palm Oil Prices Eye RM5,500* Driven by:* Ageing trees* Indonesia’s possible B50 biofuel mandate* Short-term relief: EU deforestation law (EUDR) delayed📉 ASEAN Warns of US Tariff Fallout* Ongoing US-China tensions + Trump’s UN speech* ASEAN trade officials flag slowing regional trade* Vietnam at high risk with 20% tariff exposure🥇 Gold Soars Again* Hits US$3,784/oz🚨 Regional Security* Malaysia IGP denies US analyst’s Hamas claims🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s deep dive, we unpack a surge in IPO excitement, a complex new fuel subsidy rollout, rising financial pressures, and escalating global trade tensions. From Bursa to Beijing — here’s what’s moving markets and shaping Malaysia’s economic landscape.🏢 Malaysian Corporate & Market Highlights🏆 United Plantations Named Company of the YearAt the Edge Billion Ringgit Club Awards, United Plantations clinched the top honour.🚢 MMC Port Holdings Clears Path to Main MarketThe port operator gets the green light for a Main Market listing — expected to fund port expansion and digitalisation.☀️ JS Solar Holdings Jumps 29% on ACE Debut📉 Apollo Food Q1 Profit Falls 34% Lower exports, higher costs💸 Kuchai Development Announces Special Dividend + Bursa Exit* RM0.448 per share special dividend* Voluntary delisting after asset disposals⚖️ Prasarana Loses RM30M Claim vs Penang Port* Judge: Prasarana exited ferry ops too early🏛️ Policy, Infrastructure & Inflation⛽ Budi95 Fuel Subsidy Begins Sept 30* RM1B allocated* RM1.99/L for eligible Malaysians (300L/month)* New tiers:* RM2.05 for select commercial vehicles* Market rate (~RM2.60) for non-citizens🛠️ Managed via TNG Digital’s backend system📈 Insurance Inflation Alert* Financial services inflation: +5.6% (Aug)* Hospital benefit premiums: +14.7%⏳ Basic health insurance initiative still in development🔐 Telcos Team Up Against Identity FraudCelcomDigi, Maxis, U Mobile, TM & YTL Communications launch a mobile-based ID verification API📲 Designed for banks & retailers to counter phishing and SIM swap fraud💡 More secure than SMS OTPs🌏 Global Trade, Markets & Cooperation🚨 OECD Warns: Full Impact of US Tariffs Still Incoming* Effective import tariff rate now 19.5%Suggests pressure on global trade flows will intensify📦 China’s Export Surplus Sparks Alarm* Projected US$1.2T trade surplus* Oversupply of cheap goods could provoke retaliatory trade policies🥇 Gold Hits Record High: US$3,784/ozDriven by:* Fed rate cut bets* Weakening US labor data* Classic flight to safety🤝 ASEAN Signs Regional Competition AgreementSignals push for fairer regional markets amid global turbulence🧠 Final ThoughtAs China floods the global market with exports and the US tightens trade, the rest of the world faces a critical choice: respond in kind, or ride it out? The answers will ripple through global supply chains — and into your portfolio.Investors should watch for retaliatory trade measures, shifting subsidy dynamics, and how corporate Malaysia continues adapting to both global headwinds and local reform.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In this episode, we unpack a landmark court ruling for Petronas, the rollout of Malaysia’s new targeted fuel subsidy scheme, major infrastructure and energy wins, and international trade tensions reshaping Southeast Asia’s economy.🏢 Malaysian Corporate & Market Headlines⚖️ Petronas Wins Big Against Shell MDSThe Court of Appeal orders Shell to pay Petronas up to RM80 million/month in overdue gas payments — dating back to August 2024.📉 Eurospan: Offer Deemed 'Not Fair or Reasonable'An independent adviser recommends shareholders reject the RM2.30/share MGO by Samuel.🔍 Auditor Shake-Up at HeiTech PaduAuditor Al Jafree Salihin Kuzaimi resigns following an SC audit board sanction — not tied to HeiTech’s books but reflects regulatory pressure.💼 Contract Wins & Strategic Deals* Kelington (KGB) bags RM108 mil Singapore project in advanced chip packaging* Solarvest & Brookfield to co-develop 1.5GW of renewable energy assets* Gamuda tipped for 40% earnings growth in FY2026 driven by strong pipeline* ITMAX secures RM51 mil smart city contract in Batu Pahat* CIMB x PingPong: New cross-border payment partnership* TM joins Meta, SoftBank in CANDLE submarine cable system (launching 2028)⛽ Government & Policy Updates💸 Fuel Subsidy Reform: Budi95 Launches Sept 30Targeted subsidy of up to 300 litres/month at RM1.99/litre for eligible Malaysians (16+ w/ valid licence).🚄 ECRL Update: 87% Complete, Challenges Remain* Cable theft in Pahang and the complex Bentong-Gombak section pose hurdles* Full completion still on track📈 Budget 2026: Semiconductors in FocusFinance Minister II signals major support for the chip sector:🌏 Regional & Global Watch🤝 RCEP Summit in Malaysia Next MonthAims to expand membership and upgrade the trade pact, reinforcing Asia’s multilateral cooperation amid rising protectionism.💥 Vietnam: $25B at Risk from US TariffsUN data shows Vietnam could lose up to 20% of its US exports📉 Diverging Markets: Gold Up, Crypto Down* Gold hits new record: US$3,700/oz on Fed rate cut bets* Crypto crashes: US$1.5 billion in bullish bets wiped out🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

Today’s episode dives into Malaysia’s corporate shake-ups, shifting global economic winds, and new signals from Putrajaya — from Sunway’s record Singapore buy to Nvidia’s billion-dollar Intel stake, plus early Budget 2026 clues and a call for cleaner election financing.🏢 Malaysia Corporate Highlights🏗️ Sunway’s RM2.4 Bil MCL Deal: Third Singapore Play in 3 MonthsSunway secures its largest-ever acquisition, adding momentum to a $1.2B+ Singapore expansion since July.💡 MPI Moves into Infineon’s Thailand Back-End SiteMalaysian Pacific Industries invests RM328 mil to strengthen ties with Infineon and expand chip packaging/testing capacity.⚡ TNB Drops RM1.4 Bil Tax Dispute, Seeks Incentives InsteadAfter a court ruling went against them, Tenaga Nasional pivots from litigation to negotiation — aiming to mitigate financial risk via utility-specific tax incentives.📉 Macro Trends & Market Signals📉 Ringgit and Bursa Could Rebound on US Rate CutsAnalysts say falling US interest rates could prompt foreign fund inflows into Malaysia.🔋 Semiconductor Exports Still ResilientDespite global headwinds, Malaysia’s chip sector is still riding the AI-driven growth wave, aided by strategic moves like MPI's Thailand expansion.🌍 Global Moves With Local Impact🇨🇳 China Holds Steady While US CutsBeijing keeps policy rates unchanged, signalling measured confidence in its economy despite global easing cycles.🧠 Nvidia Invests US$5B in IntelA surprise chip-sector alliance: Nvidia takes a multibillion-dollar stake in Intel to co-develop PC and data center chips.🏛️ Political & Governance Updates📊 Budget 2026: Civil Servants Set for Positive NewsMalaysia’s Chief Secretary teases good news ahead of Budget 2026 (tabling October 10), with focuses on:✅ Living standards✅ Fiscal resilience✅ Growth + governance reforms💰 RM1 Mil to Win a Seat? Sanusi’s Claim Fuels Bersih’s Reform PushElection watchdog Bersih renews calls for a Political Financing Act and updates to the Election Offenses Act, citing rising campaign costs and concerns over money politics.🧠 Key TakeawayThis episode highlights how capital shifts, political reform, and global tech alliances are actively shaping Malaysia’s investment and policy landscape. From Sunway’s long game in Singapore to election funding transparency, these stories reflect a nation — and region — in transition.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe

In today’s episode, we untangle how tariffs, tech breakthroughs, infrastructure plays, and AI regulations are reshaping Malaysia’s economic future — while global forces continue to ripple through everything from interest rates to restaurant tables.🏢 Malaysia Business & Policy Highlights📉 Manufacturers Feel the Heat from US TariffsA Federation of Malaysian Manufacturers (FMM) survey shows 75% of firms are already impacted — with a third reporting export sales down 10–30%.🚢 Selangor’s Carey Island Port Takes Shape1,699 hectares earmarked for a third major port.🕌 Shariah-Compliant AI Developed with JakimZetrix AI partners with the Islamic authority to help issue halal certifications, Shariah rulings using AI.🍬 Felda Pushes for Sugar Import ReformsFelda chair calls to abolish APs for refined sugar, citing dumping risks and the need to protect local refineries like MSM.💡 Local Tech, Transport & Regulatory Updates📲 NIISe Immigration System Rolls Out in JohorTrial begins Sept 22. KLIA to follow. MyNIISe app to support automation and faster border control.🚁 Flying Cars Incoming? Malaysia Preps RegulationsTransport Ministry working on advanced air mobility (AAM) ConOps for drones and air taxis — coming in 2026.🌍 Global News With Local Impact🇨🇳 China’s AI Boom Faces Nvidia RoadblocksHang Seng Tech surges on AI optimism — but Beijing signals local firms must stop buying Nvidia AI chips, including the RTX Pro 6000D.🍜 China’s Food Delivery War Hurts RestaurantsUltra-cheap meals and coffee fuel delivery growth — but chains like Haidilao face empty tables and slumping sales.💸 US Rate Cut Bets RisingBond markets expect up to 0.5% Fed rate cut by year-end as job data softens.📵 Singapore Cracks Down on Scam MulesFrom October, new rules restrict access to banking and telecom services for those linked to scams.🧠 Key TakeawayMalaysia is navigating a perfect storm of global headwinds and local opportunity. From tariff pain and digital border upgrades to AI-informed fatwas and future flying taxis, this episode shows just how interconnected, fast-moving, and complex the new economy really is.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! Get full access to Malaysia Money Matters at mmoneymatters.substack.com/subscribe