Day: May 11, 2026

Penang has no proposal to change Chief Minister’s term limit to 10 years

Penang has no proposal to change Chief Minister's term limit to 10 years

GEORGE TOWN: The Penang State Government does not plan to amend the term limit for the chief minister’s office from two terms to 10 years for the time being. Chief Minister, Chow Kon Yeow, said that the existing provisions in the state Constitution are clear regarding the term limit for the Chief Minister’s position. He […]

Agong’s ownership of Aurus Senat vehicle symbolises strong Malaysia-Russia friendship

KUALA LUMPUR: The ownership of the Aurus Senat limousine by the Yang di-Pertuan Agong, Sultan Ibrahim, is described as a special honour that symbolises the close relationship and strong friendship between Malaysia and Russia. According to a post on Sultan Ibrahim Sultan Iskandar's Facebook, Aurus is the official vehicle brand of the country's highest leadership and is often used by Russian President Vladimir V Putin at official national events and important diplomatic ceremonies. The model is also rarely owned outside the federation and is not widely exported to international markets. "Aurus is known for its combination of modern technology and high-class safety features," the post said. Earlier, His Majesty the Sultan and Yang Di-Pertuan Agong visited the Special Garage Museum, which houses a collection of more than 50 cars and motorcycles in Moscow on Sunday. Sultan Ibrahim's arrival at the Special Garage Museum was welcomed by the First Deputy Minister of Industry and Trade of the Russian Federation, Kirill Alekseevich Lysogorsky; Museum Director, Belikov AV and NAMI CEO, Nazarov FL. During the visit, His Majesty also consented to be given a briefing on the collection exhibited at the museum. The handover ceremony of His Majesty's Aurus Senat Limousine also took place at the museum. Sultan Ibrahim departed for Moscow last Wednesday at the special invitation of the Russian government as a guest of honour in conjunction with the Victory Day Anniversary celebrations.

KUALA LUMPUR: The ownership of the Aurus Senat limousine by the Yang di-Pertuan Agong, Sultan Ibrahim, is described as a special honour that symbolises the close relationship and strong friendship between Malaysia and Russia. According to a post on Sultan Ibrahim Sultan Iskandar’s Facebook, Aurus is the official vehicle brand of the country’s highest leadership […]

Ringgit opens higher against US dollar as West Asia peace talks continue

KUALA LUMPUR: The ringgit opened higher against the United States (US) dollar on Monday as investors monitored ongoing peace talks over the crisis in West Asia, analysts said. At 8am, the local currency rose to 3.9170/9230 against the US dollar from 3.9185/9230 at the close last Friday. Bank Muamalat Malaysia Bhd Chief Economist Mohd Afzanizam Abdul Rashid said market sentiment continued to be focused on the war in Iran, with ongoing peace talks seen as difficult to achieve amid inconsistent reports on the progress of the talks. “High oil prices are affecting business margins and consumer spending worldwide, leading to the possibility of investment and consumer spending being dampened. "Therefore, traders' willingness to take risks is expected to remain cautious," he told Bernama . So far, the price of Brent crude oil has increased by 3.55 percent to US$104.93 per barrel. Mohd Afzanizam said the US non-farm payrolls report rose to 115,000 in April compared to the consensus estimate of 62,000, indicating that the US labour market remains resilient and the US Federal Reserve may not be in a hurry to lower interest rates. Therefore, he said the ringgit is expected to trade in a small range and traders are also anticipating the announcement of Malaysia's Gross Domestic Product (GDP) for the first quarter of 2026 this Friday. "The Malaysian economy is seen to continue to maintain a good growth trajectory in the first three months of this year and possibly in the first half of 2026." "This expectation could provide support to the ringgit as the government remains proactive in providing a good response to the current shock," he said. In the opening session, the local currency traded higher against a basket of major currencies and most ASEAN currencies. The ringgit rose against the Japanese yen to 2.4970/5010 from 2.5010/5040 at the close last Friday, rose against the pound to 5.3248/3329 from 5.3354/3416 and gained against the euro to 4.6095/6166 from 4.6121/6174 previously. The local currency rose against the Singapore dollar to 3.0886/0936 from 3.0910/0948 at last Friday's close, strengthened against the Thai baht to 12.1322/1579 from 12.1640/1844 and rose against the Indonesian rupiah to 225.3/225.7 from 225.4/225.7 previously. However, the ringgit was unchanged against the Philippine peso at 6.46/6.47 compared to its closing level last Friday.

KUALA LUMPUR: The ringgit opened higher against the United States (US) dollar on Monday as investors monitored ongoing peace talks over the crisis in West Asia, analysts said. At 8am, the local currency rose to 3.9170/9230 against the US dollar from 3.9185/9230 at the close last Friday. Bank Muamalat Malaysia Bhd Chief Economist Mohd Afzanizam […]

MUDRA funds 2,000 Indian entrepreneurs, RM70 million allocation

BUKIT MERTAJAM: The Ministry of Entrepreneur and Cooperative Development (KUSKOP) has approved financing of RM70 million to nearly 2,000 Indian entrepreneurs nationwide through the Entrepreneur Capital and Indian Economic Stimulus Package 2026 (MUDRA) so far. Its Minister, Steven Sim, said the amount was part of an overall fund of RM220 million announced recently, to help empower Indian entrepreneurs in the country. "I hope more entrepreneurs will come forward to participate in our MUDRA program, which is a program under Power Up 10,000 to boost and help Malaysian businesses." "The MADANI Government's commitment is to continue to empower the micro, small and medium enterprise (MSME) sector as the main pillar of the country's economic development, including ensuring more inclusive entrepreneurial development involving the Indian community through various special schemes and targeted assistance," he said. He said this after attending the Sales Carnival and Entrepreneur Engagement Session of the Malaysian Indian Chamber of Commerce and Industry (MAICCI) together with KUSKOP agencies in conjunction with Mother's Day celebrations. The program, organised by MAICCI, brought together approximately 30 local entrepreneurs with 10 agency booths under KUSKOP participating to open up networking spaces, advisory services and financing opportunities for local SMEs. Sim, who is also the Member of Parliament for Bukit Mertajam, congratulated MAICCI and Sri Muniswarar Temple on the success of organising the carnival, which he described as an important platform to further boost the people's business activities. KUSKOP also welcomes the organization of the Indian Entrepreneur Carnival tour series by MAICCI throughout the country, and will provide full cooperation including mobilizing agencies under it to participate in the program. The participation of the KUSKOP agency in the carnival aims to provide explanations, information and provide services directly to participating Indian entrepreneurs. Touching on the redevelopment of the Bukit Mertajam Indian Society building, Sim said the historic building, which was established in 1952, would be redeveloped as a symbol of the Indian community in Bukit Mertajam, as well as for the convenience of the general public. -- BERNAMA

BUKIT MERTAJAM: The Ministry of Entrepreneur and Cooperative Development (KUSKOP) has approved financing of RM70 million to nearly 2,000 Indian entrepreneurs nationwide through the Entrepreneur Capital and Indian Economic Stimulus Package 2026 (MUDRA) so far. Its Minister, Steven Sim, said the amount was part of an overall fund of RM220 million announced recently, to help […]

Takiyuddin Congratulates Vijay on Tamil Nadu Election Victory

KUALA LUMPYUR, 11 MAY -- Perikatan Nasional (PN) Secretary-General Takiyuddin Hassan has extended his congratulations to C. Joseph Vijay and his party, Tamilaga Vettri Kazhagam, following their victory in the Tamil Nadu state election and Vijay’s swearing-in as Chief Minister today. In a statement issued on Monday, Takiyuddin said the electoral outcome reflected the people’s confidence in Vijay’s reform-oriented agenda, which emphasizes justice, social harmony, youth empowerment, modernization and opposition to divisive and discriminatory politics. He noted that Vijay, widely known as “Thalapathy Vijay” from his successful acting career, enjoys strong admiration among Malaysians, particularly Indian youths, due to his artistic achievements, humanitarian image and leadership qualities. According to Takiyuddin, Vijay’s transition into politics has attracted considerable attention in Malaysia, especially because of the longstanding historical, cultural and linguistic ties between Tamil Nadu and the Malaysian Indian community. Takiyuddin also expressed hope that Vijay’s leadership would bring greater progress, stability and prosperity to Tamil Nadu. The statement was issued on behalf of Perikatan Nasional on May 11. -- MINUTESMY -- SOURCE: FB TAKIYUDDIN

KUALA LUMPYUR, 11 MAY — Perikatan Nasional (PN) Secretary-General Takiyuddin Hassan has extended his congratulations to C. Joseph Vijay and his party, Tamilaga Vettri Kazhagam, following their victory in the Tamil Nadu state election and Vijay’s swearing-in as Chief Minister today. In a statement issued on Monday, Takiyuddin said the electoral outcome reflected the people’s […]

DAP Marks 60 Years of Struggle for Justice and Reform

KUALA LUMPUR, 11 MAY -- The Democratic Action Party (DAP) celebrated its 60th anniversary yesterday with a fundraising dinner at the iDEAL Convention Centre in Selayang, reaffirming the party’s long-standing commitment to justice, accountability, equality, and meaningful reforms for all Malaysians. The event not only commemorated six decades of political struggle and public service, but also highlighted the importance of unity in strengthening efforts to build a better and more inclusive Malaysia. Party leaders and supporters gathered to reflect on DAP’s journey over the years, while expressing optimism for the future and renewing their commitment to continue advancing the principles of courage, integrity, and hope. The celebration served as a reminder of the party’s enduring role in Malaysia’s political landscape and its continued focus on reforms aimed at benefiting the rakyat.

KUALA LUMPUR, 11 MAY — The Democratic Action Party (DAP) celebrated its 60th anniversary yesterday with a fundraising dinner at the iDEAL Convention Centre in Selayang, reaffirming the party’s long-standing commitment to justice, accountability, equality, and meaningful reforms for all Malaysians. The event not only commemorated six decades of political struggle and public service, but […]

JDT Matches World Record For Most Unbeaten Matches After 14-1 Rout Of Kelantan TRW

KUALA LUMPUR, May 11 2026 — Johor Darul Ta’zim (JDT) registered their biggest win this season by beating Kelantan The Real Warriors (TRW) 14-1 in their last Super League match of this season at Sultan Ibrahim Stadium tonight. The win not only caps a stellar season for JDT, who won their 12th consecutive Super League […]

Sivasangari Storms Into Third Round Of World Championships In Egypt

KUALA LUMPUR, May 11 2026 — Malaysia’s top women’s squash player S. Sivasangari cruised into the third round of the World Championships in Giza, Egypt, after beating compatriot Aira Azman in round 2 in straight-set games today. The tournament’s fifth seed took just 24 minutes to win 11-4, 11-9, 12-10 against the 19th seed, extending […]