In today’s episode, we explore a growing paradox: Malaysia’s economy is surging, but beneath the surface, policy and project execution gaps risk slowing that momentum. From VSTECS’ tech boom and subsidy wins to slow capital gains tax intake and stalled megaprojects — this is a story of growth potential versus delivery risk.

Malaysian Corporate & Market Developments

🌴 United Plantations Profit Dips 5.5%

Despite strong 23% revenue growth, rising costs and tax expenses squeezed profits. Still, declared 18th consecutive special dividend — signaling long-term confidence.

🌿 Greenyield Shareholder Revolt

Non-exec chairman removed, seven new directors appointed. Boardroom shakeup suggests resolution to long-running internal dispute.

🏙️ YNH-Sunway Land Deal Extended to 2026

RM170M Desa Sri Hartamas transaction delayed again — raising investor patience questions.

💻 VSTECS Profit Jumps 31.6% in Q3

AI and digital adoption continue to drive record earnings. Strong signal of Malaysia’s tech momentum.

📊 Bursa Launches Thoughtstream Research Hub

New platform aims to democratize market research, linking analysts with licensed investment advisors.

🚚 Swift HOL Q3 Profit Up 23.9%

Cleaner transport investments and EV fleet expansion support stronger margins. ESG-aligned logistics growth in motion.

🎢 Khazanah Invests RM4B in Desaru & Legoland

Big bet on Johor-Singapore Special Economic Zone (JSE). Banking on regional tourism and integrated growth.

🛫 Malaysia Aviation Group CEO to Retire

Captain Nasaruddin (current COO) slated to succeed in 2026 — ensuring leadership continuity.

🛢️ Petronas Enters Guyana with 25% Stake

Partners with TotalEnergies and QatarEnergy. Major move expanding Malaysia’s global energy footprint.

Macro, Policy & Political Developments

💱 Ringgit Hits One-Year High at 4.118/USD

Currency strength reflects economic confidence and market reform momentum.

⛽ Targeted Diesel Subsidy Saves RM5B

Sales dropped from 770M to 465M litres/month. Funds reallocated to cash aid (Sumbangan) — a key policy success.

📉 Capital Gains Tax Falls Short at RM162M

First-year collections well below RM800M target. Exemptions for IPOs and listed shares likely diluted effectiveness.

🏗️ Project Execution Still Lagging

Only 75% of national project funds spent. Chief Secretary flags urgency ahead of 13th Malaysia Plan rollout.

📣 PM to Address Parliament on Sabah Revenue

Gov’t confirms no appeal of court ruling on 40% revenue — high-stakes fiscal and political move.

📰 Gov’t Reaffirms Commitment to Press Freedom

Deputy minister pledges no interference, even with critical coverage — signals institutional maturity.

Global & Geopolitical Outlook

🧠 AI Momentum Splits Investor Sentiment

SoftBank stock drops 10% after Nvidia exit (US$5.8B), while Foxconn stays bullish on 2026 demand. AI boom remains divisive.

🪙 China Accuses US of ‘Bitcoin Theft’

Claims US government “stole” US$13B in Bitcoin. Sharp escalation in cyber and financial rhetoric.

🌲 EU Delays Anti-Deforestation Law

Postponed to late 2026 amid compliance concerns. Eases pressure on palm oil exporting countries.

🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!

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