Malaysian PM Mahathir Mohamad

SINGAPORE (May 21): Anwar Ibrahim has been pardoned and released from prison. Lim Guan Eng has been appointed Minister of Finance, subject to the clearing of graft charges against him. The Auditor-General’s report on 1Malaysia Development Bhd (1MDB) has

SINGAPORE (May 21): Malaysia’s new government has pledged to review all the mega projects that the previous government undertook. Cancellations or delays could affect both the Singapore economy and local companies.  

(May 17): A promise to scrap the goods-and-services tax helped Prime Minister Mahathir Mohamad win an election that led to Malaysia’s first change in government since independence.

SINGAPORE (May 16): Yesterday, the new Pakatan Harapan (PH)-led government announced that Malaysia’s 6% goods and service tax (GST) will be zero-rated from Jun 1 onwards, effectively abolishing it.

(May 16): Malaysia scrapped a 6% rate on the goods-and-services tax, fulfilling a campaign promise by Prime Minister Mahathir Mohamad that helped him win last week’s election.

(May 15): Mahathir Mohamad said he may stay on as Malaysia’s prime minister for “one or two years,” after earlier agreeing to step aside for jailed coalition leader Anwar Ibrahim.

(May 14): Investors sorted Malaysia’s political haves from the have-nots on the first trading day after a shock election result, dumping shares in firms associated with supporters of ousted prime minister Najib Razak and projects backed by his governmen

(May 14): Malaysia’s markets showed few signs of investor panic as trading reopened after Mahathir Mohamad swept to power in a surprise election outcome.

(May 11): Tun Dr Mahathir Mohamad created history today when he took the oath of office as the Prime Minister of Malaysia for the second time, and at the age of 92.