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Fast And Furious Drives Into Streaming Era With New TV Project

Universal is officially steering the Fast & Furious franchise into live-action television, with a new spin-off series now in development for Peacock. The announcement was made by franchise star Vin Diesel during NBCUniversal’s upfront presentation in New York City, signalling that the studio is keen to keep the billion-dollar action saga running beyond its upcoming final film.

While the cinematic franchise is expected to conclude with Fast Forever in 2028, the move to streaming suggests Universal sees plenty more potential in the world of high-speed chases, globe-trotting heists and family-driven storytelling.

Diesel initially caused a stir by telling the audience that four separate Fast & Furious shows were heading to Peacock. However, industry insiders later clarified that only one live-action series is officially in active development.

Reports suggest additional projects may still be in early stages under Universal Television, but for now, just a single series has moved forward. Even so, the announcement reflects NBCUniversal’s growing strategy of turning major film properties into streaming franchises, following adaptations linked to titles such as Ted, Pitch Perfect and Chucky.

According to Diesel, expanding the franchise into television has been a long-term ambition for the creative team. Speaking at the presentation, he explained that the studio wanted to explore the wider stories and legacy characters that fans have continued to embrace over the years.

Diesel also credited NBCUniversal executive Donna Langley with helping make the project possible, saying her leadership gave the team confidence that the franchise’s “family” identity and global appeal would remain intact on the small screen.

Although plot details remain tightly under wraps, Diesel is confirmed to executive-produce the series alongside several long-time Fast & Furious collaborators.

Franchise producer Neal Moritz and writer Chris Morgan are attached as executive producers, while Mike Daniels and Wolfe Colman are reportedly writing the pilot and serving as showrunners. The pair previously worked together on NBC’s Shades of Blue, starring Jennifer Lopez.

At this stage, it remains unclear whether familiar faces from the film series will appear in the show, or whether the project will introduce an entirely new cast of street racers and criminal masterminds.

Inari Reports Fire Incident At Philippines Facility, Estimates Losses Below US$5 Million

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Inari Amertron Berhad said a fire broke out at part of its manufacturing facility in the Philippines on May 10, affecting a section of its production operations at plant CK1 in Clark.

The semiconductor packaging and testing company said the incident occurred at about 2.30pm at its wholly owned subsidiary, Amertron Incorporated.

The fire was successfully contained by the local Fire and Rescue Authority Department at around 3.40pm. Preliminary investigations indicate the blaze may have originated from a wiring short circuit in the ceiling area of the affected facility.

The company said no fatalities or injuries were reported.

According to Inari, the fire affected part of the production floor, including certain machinery, inventories and supporting facilities. Authorities and the company’s insurers are currently assessing the extent of the damage and determining the exact cause of the incident.

The affected area spans approximately 12,500 square feet, representing about 10% of CK1’s total manufacturing space of 125,000 square feet.

Operations at the affected section have been suspended pending safety inspections and clean-up works. Meanwhile, operations in the non-affected sections of CK1 were also temporarily halted due to a power shutdown mandated by the Fire and Rescue Authority Department.

Inari said operations at the unaffected sections are expected to resume once approval is obtained and dedicated power lines are installed.

The company added that its other manufacturing plant in the Philippines, CK2, which has a manufacturing space of 83,000 square feet, remains unaffected and continues operating as usual.

“AIP is currently evaluating alternative production arrangements to minimise disruption to customer deliveries,” the company said.

At this stage, Inari said the financial impact of the incident cannot yet be reliably determined, although losses are not expected to exceed US$5 million.

The group said further announcements would be made if there are any material developments.

Heavy Traffic Expected As Thunderstorms Lash KL, Selangor

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The Malaysian Meteorological Department (MetMalaysia) has issued a thunderstorm, heavy rain and strong wind warning involving multiple states nationwide until 7pm on May 12.

The warning covers Kedah, involving Pokok Sena, Padang Terap, Pendang, Kuala Muda, Sik, Baling, Kulim and Bandar Baharu.

In Perak, the affected areas are Larut, Matang dan Selama, Hulu Perak, Kuala Kangsar, Kinta, Kampar, Hilir Perak, Batang Padang and Muallim, while the whole of Kelantan is also under alert.

In Terengganu, the warning involves Besut, Setiu, Hulu Terengganu, Dungun and Kemaman, while in Pahang, affected areas include Cameron Highlands, Jerantut, Bentong, Temerloh, Kuantan, Bera, Pekan and Rompin.

For Selangor, the warning covers Sabak Bernam, Kuala Selangor, Hulu Selangor, Gombak and Hulu Langat, alongside Kuala Lumpur.

Negeri Sembilan districts under alert are Jelebu, Seremban, Kuala Pilah, Jempol and Tampin, while the whole of Johor is also expected to experience adverse weather conditions.

In Sarawak, affected areas include Kuching, Betong (Saratok and Kabong), Sarikei, Sibu, Mukah, Bintulu (Tatau), Miri (Subis and Beluru) and Limbang.

Meanwhile, Sabah areas under the warning are the Interior districts of Sipitang, Tenom, Kuala Penyu, Beaufort, Keningau and Tambunan; the West Coast districts of Papar, Putatan, Penampang, Kota Kinabalu and Tuaran; as well as Sandakan and Kinabatangan in the Sandakan division. Labuan is also under alert.

MetMalaysia said the warning is issued when there are signs of thunderstorms with rainfall intensity exceeding 20mm per hour that are imminent or expected to last for more than an hour.

The thunderstorm warning is a short-term alert valid for no more than six hours for each issuance.

Beijing Opposes Paraguay President’s Planned Visit To Taiwan

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A Chinese foreign ministry spokesperson said on Tuesday China firmly opposes and strongly condemns a recent tout visit to Taiwan region by Paraguayan President Santiago Pena, urging the country’s government to change course at an early date and make the right political decision to recognize the one-China principle.

Spokesperson Guo Jiakun made the remarks at a daily press briefing in response to a related query. According to reports, during his visit, Pena has met with Lai Ching-te, leader of the Taiwan region, and signed several so-called “cooperation documents.”

Boat Carrying 37 Undocumented Migrants Sinks Off Malaysian Waters

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A boat carrying 37 undocumented migrants sank off Pangkor Island on Malaysia’s west coast, leaving 14 people still missing, the Malaysian Maritime Enforcement Agency (MMEA) said on Tuesday.

The incident was reported by a Malaysian fisherman who found and picked up 23 survivors near the island in Perak state, with authorities currently engaged in a search and rescue effort to locate the remaining 14 who are still missing, Mohamad Shukri Khotob, Perak state MMEA director, said in a statement.

“Preliminary investigations also found that the migrants departed from Kisaran, Indonesia, on May 9 and were headed for several destinations in Malaysia, including Penang, Terengganu, Selangor and Kuala Lumpur,” he said.

He added that the agency has deployed boats, a helicopter and surveillance aircraft to search for the missing. 

Penang Probes Multiple Causes Behind River Pollution

The Penang government said pollution affecting Kampung Selamat and Sungai Kereh in Tasek Gelugor is not solely caused by pig farming activities, but is also linked to agricultural operations, waste discharge, drainage systems and other environmental factors.

Penang Local Government and Town and Country Planning Committee chairman H’ng Mooi Lye said enforcement action is being carried out in an integrated manner involving the Department of Environment (DOE), local authorities, the Department of Irrigation and Drainage (DID) and other technical agencies to identify the actual causes and implement corrective measures.

Among the measures being planned is the transfer of pig waste to the Ampang Jajar Transfer Station (SPAJ) to be processed as feedstock for an anaerobic digestion system.

“Through this process, organic waste is broken down in an oxygen-free environment to produce methane gas, which can be utilised as a renewable energy source,” he said.

He said the initiative would help reduce river pollution and environmental risks, while supporting sustainability efforts through more systematic waste management and green energy generation.

According to records from the Penang DOE, seven complaints related to water pollution and foul odour were received between 2024 and this year.

H’ng said field investigations and site inspections also found drains overgrown with aquatic weeds, which may have slowed water flow and contributed to foul odour issues.

The Ritz-Carlton, Langkawi Turns Global Wellness Day Into A Forest-To-Sea Escape

There are places where wellness feels like a routine, and then there is Langkawi, where it feels like a return to something older, quieter and more instinctive.

At The Ritz-Carlton, Langkawi, Global Wellness Day 2026 is being marked with a full day of immersive experiences that move from rainforest canopy to Andaman Sea shoreline, all designed to slow things down and sharpen the senses.

Set against a 10-million-year-old rainforest and calm coastal waters, the resort is curating a series of wellness journeys on June 13 that blend movement, mindfulness and nature-led experiences. The theme this year centres on rediscovering joy as a pathway to wellbeing.

The day begins early with a Sunrise Rainforest Awakening and breathwork session, where guests are guided along the resort’s nature trail before settling into mindful breathing exercises beneath the jungle canopy. The intention is simple, clarity through stillness rather than intensity.

Later in the morning, the focus shifts to conscious living with a wellness breakfast at Langkawi Kitchen, featuring plant-based dishes and locally inspired ingredients designed around sustainability and nourishment.

By late afternoon, the pace softens further with a gentle yoga flow in the rainforest setting, followed by a sunset meditation on the beach. As the sun drops into the Andaman Sea, guests are encouraged to sit with silence and sound rather than distraction.

For those looking for deeper restoration, The Ritz-Carlton Spa will offer a curated 60-minute stress relief massage with an extended wellness journey experience from June 7 to 14.

Even dining becomes part of the concept. The Beach Grill will serve a plant-forward wellness menu overlooking the sea, designed around freshness, balance and mindful eating.

At its core, the programme reflects a simple idea that wellness does not need to be loud or complicated. Sometimes it is just about stepping into nature, slowing the breath and letting the environment do the work.

World Bank Warns Global Supply Pressures, Malaysia Plans Targeted Response

The government is preparing a series of targeted policy responses to cushion the impact of rising global supply pressures, following concerns highlighted by the World Bank over escalating energy, fertiliser and food costs.

Speaking during the televised Global Supply Crisis Briefing, Economy Minister Akmal Nasrullah Mohd Nasir said the National Economic Action Council (MTEN) had discussed the World Bank’s assessment that current global pressures are occurring in overlapping waves, with rising commodity prices creating spillover effects on production costs and household living expenses.

According to the World Bank’s assessment, global price increases remain concentrated on key commodities, particularly fuel, fertiliser and food, which continue to place pressure on supply chains and operating costs.

World Bank had outlined four key priorities for Malaysia, namely ensuring energy security, strengthening fiscal space, managing energy demand and delivering targeted assistance to households and businesses most affected by the crisis.

The recommendations also stressed the importance of maintaining uninterrupted supply for critical goods and ensuring financing support for vulnerable supply chain players.

Akmal said, among the measures currently being coordinated are tighter controls on the export of certain fuel products, supply guarantees for essential goods, quota management for purchases, energy-saving initiatives and closer engagement with industry players.

Gamuda Officially Takes Over Sabah’s Ulu Pedas Water Project

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Upper Padas Power Sdn Bhd has formally assumed control of the development grounds for the Ulu Padas Water Supply Scheme following the site handover ceremony.

The project is designed to meet the growing demand for treated water in Sabah’s west coast corridor, including Kota Kinabalu, Beaufort, Sipitang, and Kuala Penyu. With an ultimate design capacity of 950 million litres per day (MLD), the scheme leverages a “bolt-on” design with the existing Ulu Padas Hydroelectric Project, optimising resources and minimising environmental impact.

This site handover ceremony marks the start of a 42-month journey to secure Sabah’s water future, designed to bridge the gap between urban and rural needs. Phase 1 of the SBAUP is scheduled for completion by end 2029, delivering a 350 MLD water treatment plant in Beaufort and over 200km of pipelines spanning Sipitang to Kota Kinabalu, to provide immediate relief and stability to the state’s water grid.

EU Mulls Delaying Social Media Access To Children

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The European Union should explore limiting children’s access to social media with possible new rules proposed within months, EU chief Ursula von der Leyen said on Tuesday (May 12).

The European Commission president has tasked an expert panel to report back by July on what steps the EU should take to protect minors online, including a potential social media ban.”Without pre-empting the panel’s findings, I believe we must consider a social media delay. Depending on the results, we could come with a legal proposal this summer,” von der Leyen said during a summit on AI and children in Copenhagen.

“The discussions about a minimum age for social media can no longer be ignored,” she said, pointing to Denmark and nine other member states, including France, seeking to ban social media for teenagers under a certain age.”The question is not whether young people should have access to social media. The question is whether social media should have access to young people.”

The commission is the EU’s digital watchdog and has already launched several probes into the world’s biggest online platforms including TikTok and Meta’s Facebook and Instagram over whether they are doing enough to protect children.

Last month, the EU found Meta is failing to keep under-13s off Facebook and Instagram, and in February, it gave an unprecedented warning to China’s TikTok to change its “addictive design” or risk heavy fines.

Von der Leyen defended the law used to launch the investigations, known as the Digital Services Act, which has been fiercely criticised by the US administration under President Donald Trump.

“We have shown that we will forge ahead despite the headwinds we face. We’ve set the rules. It’s the law, and those who break it will be held accountable,” von der Leyen said without referring directly to US criticism.

Trinity Group’s RM395 Million Rainforest TOD Nears Completion After Strong Demand

Trinity Group Sdn Bhd has marked the topping out of its Trinity Rainfora development in Bandar Kinrara, Puchong, as Phase One of the transit-oriented development recorded a full sell-out, signalling strong demand for the project.

The rainforest-inspired freehold development carries a gross development value of RM395 million and is built on 2.4 acres of land. It comprises two 31-storey residential towers with 535 units alongside nine commercial units, with overall completion targeted for the third quarter of 2027.

Phase One, known as Block A, which was launched in September 2024, was fully taken up ahead of schedule. Block B is now open for sale with units priced from RM568,000.

Trinity Rainfora is positioned as a wellness-focused transit-oriented development with 36 lifestyle facilities including an infinity pool, jogging trail, yoga deck, edible garden, glamping area and co-working spaces.

The development is connected via a 400-metre covered walkway to the Kinrara BK5 LRT Station and is also accessible via major highways including the Bukit Jalil Highway, Damansara-Puchong Expressway and Shah Alam Expressway.

Trinity Group managing director Dato’ TPr. Neoh Soo Keat said, “With Trinity Rainfora, we set out to create a living environment where nature, wellness and urban connectivity converge seamlessly to amount to a true sanctuary for the modern homeowner.”

Trinity Group said the project is part of its broader portfolio with cumulative gross development value exceeding RM2.8 billion.

Govt To Launch Public Dashboard, Tracking Crisis Development

The government is set to launch a public-facing dashboard to monitor developments linked to the ongoing global supply crisis, in a move aimed at improving transparency and strengthening data-driven crisis management.

Economy Minister Akmal Nasrullah Mohd Nasir said the Pemantauan Krisis Bekalan Global Dashboard is being jointly developed by the Economy Ministry and Department of Statistics Malaysia (DOSM).

Speaking during the live televised Global Supply Crisis Briefing, Akmal said the platform is intended to serve as a centralised and publicly accessible reference point for Malaysians to track current developments related to global supply disruptions.

The dashboard is expected to be accessible to the public beginning 15 May 2026 and will feature 10 main subcategories, including energy, commodities, cost of living, economic performance, foreign exchange rates and trade flows.

In addition to the public interface, the government will also utilise a separate internal dashboard to monitor crisis developments, identify emerging risks and coordinate mitigation strategies using near real-time data.

Akmal described the initiative as a significant shift in how the government manages economic and supply-related crises, enabling authorities to detect pressure points earlier, coordinate responses more effectively and provide clearer information to the public.

The initiative comes as Malaysia continues to monitor the impact of global energy volatility, supply chain disruptions and rising living costs on domestic economic conditions.

DBKL Probes Utility Works As Possible Cause Of Wangsa Maju Sinkhole

Kuala Lumpur City Hall (DBKL) believes yesterday’s sinkhole incident on Jalan Wangsa Delima 4, Wangsa Maju, may have been triggered by underground utility maintenance works rather than natural soil subsidence.

Mayor Fadlun Mak Ujud said investigations are ongoing to determine the exact cause, while the affected stretch will remain closed for two weeks for repair works.

Initial inspections found that part of a “sump” wall within the area’s main 1.5-metre drainage system had likely collapsed.

“We found that the sump wall had broken, but we could not locate where the structure fell,” he said.

Fadlun said underground utility works using the horizontal directional drilling (HDD) method may have accidentally damaged the structure without visible signs on the surface.

He said the damage could have caused cracks in the drainage structure, allowing water to seep directly into the soil and eventually trigger the sinkhole.

The affected area measures about four metres in length, width and depth, he added.

Separately, Fadlun said another smaller sinkhole was detected yesterday near a bank along the pedestrian walkway on Jalan Tun Perak.

However, he clarified that the shallow hole, measuring about one foot deep, was not linked to utility-related issues.

Meanwhile, utility mapping works around Jalan Masjid India are nearly 90% complete, covering a 32km stretch. DBKL is expected to begin repairs on pedestrian walkways in the area in October and will install settlement markers at selected locations to monitor ground movement in real time.

Construction Sector Faces Cost Pressure From Rising Building Material Prices

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The Malaysian construction industry is facing renewed cost pressures as the Department of Statistics Malaysia (DOSM) reported a widespread increase in the price of essential building materials for April 2026.

The latest “Special Release for Building and Structural Works” highlights significant month-on-month surges, particularly in raw materials like sand and aggregates, alongside steady climbs in steel and cement prices across Peninsular Malaysia, Sabah, and Sarawak.

Sand prices saw some of the most dramatic increases this month, with the unit price index rising by as much as 14.5%. The East Coast was hardest hit, with the Terengganu & Kelantan region recording the maximum 14.5% jump, followed closely by Pahang (14.4%) and Miri (14.1%).

Aggregates followed a similar trajectory, with price index changes ranging from 0.5% to 16.4% across various regions. These sharp increases in bulk raw materials are often attributed to localized supply constraints and rising haulage costs following recent diesel price adjustments.

Industrial materials also trended higher in April, adding to the overall burden on contractors: The unit price index rose between 0.1% and 6.1%. Perak recorded the highest increase at 6.1%, followed by Johor at 2.7%. Prices edged up by 0.1% to 6.0%. The highest monthly hike was observed in Sibu (6.0%), followed by Johor (3.9%).

Steel increased to RM3,504.20 per metric tonne (up 2.3% from March’s RM3,426.80) while cement: Rose to RM25.90 per 50kg bag (up 1.3% from March’s RM25.55).

Comparing April 2026 to the same month last year reveals a persistent inflationary trend in the construction sector. The annual unit price index for sand has jumped by as much as 18.6% in Miri and 16.0% in the Northern Region (Pulau Pinang, Kedah & Perlis).

Cement also showed a notable year-on-year increase of up to 7.5%, with Kuching and Perak leading the annual price hikes.

The continued rise in material costs presents a significant challenge for developers and contractors, many of whom are already navigating a high-interest-rate environment. Industry experts suggest that the “double-digit” spikes in sand and aggregates may force a recalculation of project margins, particularly for infrastructure and residential developments in high-growth areas like Johor and the Klang Valley.

“With steel now averaging above the RM3,500 mark again, we may see an increased push for price escalation clauses in new private-sector contracts,” noted one industry analyst.

The report underscores a broader trend where domestic supply chain dynamics—including logistics costs and regional demand—are increasingly dictating the pace of construction inflation in Malaysia.

Malaysia Brings World Cup 2026 Back To Free Screens After 20 Years

Malaysia will broadcast the FIFA World Cup 2026 free of charge across multiple platforms, with Malaysians encouraged to download the RTM Klik app to ensure they do not miss the matches.

Communications Minister Datuk Fahmi Fadzil said the tournament will be shown on Radio Televisyen Malaysia (RTM) and Unifi TV, which are the official broadcasters in Malaysia.

“This is the first time in 20 years that we are providing World Cup broadcasts for free for all Malaysians.

“What do Malaysians need to do to ensure they do not miss watching for free? Download RTM Klik, or you can watch anywhere through MyTV and RTM,” he said after attending the Communications Ministry monthly assembly for May 2026.

He added that all 104 matches will be broadcast live on Unifi TV, while RTM will carry most matches either live or on delay.

Fahmi also said Malaysians will have access across free-to-air and digital platforms including MyTV, RTM Klik and Unifi TV, ensuring wider coverage of the tournament.

The minister said RTM and Unifi TV have been asked to ensure smooth broadcast delivery so that viewers can enjoy the tournament without disruption.

“I ask that this is looked into to ensure there are no excessive barriers for Malaysians to enjoy the live broadcast,” he said.

He also confirmed that several programmes will be organised ahead of the tournament’s kick-off.

The FIFA World Cup 2026 will be co-hosted by the United States, Mexico and Canada, with the opening match set to take place in Mexico City on June 11 and the final scheduled in New Jersey on July 19.

Loewe Introduces A Bigger, Softer Take On The Puzzle Bag

Loewe is giving its Featherlight Puzzle bag a size upgrade. After launching the ultra-soft style in small and mini versions last year to celebrate the Puzzle bag’s tenth anniversary, the Spanish fashion house is now introducing the Medium Featherlight Puzzle — a larger, more practical take on one of its most recognisable designs.

The new size keeps the signature Puzzle shape intact but shifts the focus towards everyday wearability.

Instead of a structured finish, the Medium Featherlight Puzzle leans into a softer, more relaxed silhouette that sits naturally against the body. It is less about making a dramatic statement and more about fitting seamlessly into daily life.

Measuring 29cm wide and 19.5cm high, the bag offers noticeably more space than previous versions. Loewe has also added a longer shoulder handle, changing the way the bag is carried and giving it a more casual feel. The geometric panels remain, but the softer construction gives the design a looser, more effortless look when worn over the shoulder.

The interior follows the same approach. Crafted entirely from nappa lambskin, the bag features a consistent leather finish throughout with no contrasting lining. A detachable sling strap is still included for crossbody wear, although the shoulder carry is clearly the focus this time around.

Priced at SGD7,450, the Medium Featherlight Puzzle comes in Deep Saffron, Pecan and Silk Beige with gold-tone hardware, as well as Black with palladium-tone hardware.

Each bag also includes an embossed leather tag with a hidden pocket and Loewe’s signature balloon dice charm.

Malaysia’s Customer Experience Industry Evolves With AI Push

Automation and artificial intelligence are changing the customer experience industry. However, human empathy and connection still matter most, according to Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil.

Speaking at the National Contact Centre Conference (NCCC) 2026 in Petaling Jaya, Anuar said technology can improve efficiency and simplify processes. It, however, cannot replace human understanding or trust.

“You can have all the tech. You can have all the ChatGPTs and all the tools in the world, but nothing replaces humans. Nothing replaces human empathy, and nothing replaces the desire to be able to make a connection,” he said.

He said Malaysia’s contact centre industry has moved far beyond traditional outsourcing over the past two decades, evolving into a hub for global business services and customer experience operations serving international markets. Malaysia is now ranked first in Southeast Asia and among the top 25 globally for contact centre operations by the Milken Institute.

Anuar said the industry’s growth supports the country’s wider ambitions under the Malaysia Digital (MD) initiative and its target of becoming an AI Nation by 2030. However, he stressed that technology should support the industry, not define it. “At the centre of it, it is about how we keep it all human. Tech is just a tool,” he added.

He also said MDEC will continue working with industry partners and businesses to strengthen talent development and raise standards across the sector. According to Anuar, Malaysia’s ability to deliver culturally nuanced and human-centred customer experiences remains one of its biggest strengths in the global market.

The conference, organised by the Contact Centre Association of Malaysia (CCAM), brought together industry leaders and customer experience professionals to discuss the future of digital services and customer engagement.

CCAM president Vigneswaran Sivalingam said the industry is rapidly evolving as AI, automation and digital channels reshape how businesses interact with customers. Still, he said the sector is expanding rather than shrinking, moving beyond traditional call handling into a wider customer engagement ecosystem.

“We used tools like Zoom to stay connected and collaborate, but today we use it for contact centre solutions and to elevate customer experience,” he said, adding that Malaysia remains well-positioned to strengthen its role as a regional customer experience hub.

State Councils Urged To Reduce Small Store Rental Rates, Taking Cue From DBKL

Recently, the Kuala Lumpur City Hall introduced a 50% rental reduction for selected hawker sites and business premises as the government moves to ease mounting cost pressures faced by small traders and micro entrepreneurs.

The measure, effective from 1 April 2026 until 31 December 2027, is expected to benefit more than 10,000 small traders in the capital.

The announcement was highlighted during the latest televised Global Supply Crisis Briefing by Economy Minister Akmal Nasrullah.

According to the Housing and Local Government Ministry (KPKT), rental rates for business premises under local authorities vary depending on whether they fall under city, municipal or district councils, as well as the type of premises involved.

For city councils, rental rates for public markets and wholesale spaces currently range between RM30 and RM1,600, while hawker stalls and trading spaces range from RM80 to RM600. Commercial complexes and business lots can cost between RM200 and RM1,600 monthly.

Authorities said rental expenses contribute an average of 7% of business operating costs, but in some cases can account for as much as 58%, particularly for small-scale operators.

Majlis Amanah Rakyat (MARA) has already rolled out a 20% rental reduction involving more than 7,135 business lots nationwide beginning May 2026.

Selangor government was also reported to have responded positively to the proposal, with details of its own rental reduction initiative expected to be announced soon.

The economic council, meanwhile, has urged other local authorities and state governments nationwide to immediately implement targeted rental reductions for premises and shops under their respective jurisdictions, based on each council’s financial capacity.

Govt Tightens Scrutiny On RM149 Billion Unfulfilled Data Centre Investments

The government is stepping up scrutiny on the remaining RM149 billion in unrealised data centre investments by filtering for high-quality industry players genuinely committed to operating in Malaysia.

Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said total data centre investment commitments pledged to the government have reached RM280 billion, but only RM131 billion have been realised so far.

“As such, this gap needs to be reassessed to identify industry players that are genuinely serious.

“This includes co-locator and hyperscaler companies that truly intend to operate in this country and require locations with specific security standards,” he said.

Johari said data centre projects require massive electricity and water resources, making careful screening and sustainable planning critical.

According to Tenaga Nasional Berhad records, Malaysia currently has 47 operational data centres, while another nine facilities remained under construction as of December 2025.

He said the government, through the Data Centre Task Force (DCTF), has introduced sustainability guidelines in line with Malaysia’s broader renewable energy push.

The guidelines include parameters on energy and water efficiency aimed at reducing environmental impact while improving operational performance.

Johari said operators are encouraged to adopt advanced energy-efficient technologies, including liquid cooling and immersion cooling systems, to replace conventional cooling methods and significantly improve energy efficiency.

The government is also exploring alternative water sources such as reclaimed water, seawater and other untreated water supplies to reduce reliance on treated water resources.

Indonesia Proposes Hosting ASEAN Oil Storage Hub To Boost Regional Reserves

Indonesia has proposed hosting an Association of Southeast Asian Nations (ASEAN) oil storage hub to boost reserves, as Southeast Asian leaders mull steps to strengthen energy security amid the ongoing Middle East conflict.

Indonesia’s Energy Minister Bahlil Lahadalia said on Monday (May 11) that no agreement has been reached on the hub’s location but it hopes to partner with other bloc members, Malaysia, Brunei and the Philippines to advance the proposal.

“We will build storage anywhere, but I proposed Indonesia,” Bahlil said, as quoted by state news agency Antara, and added that the regional oil hub would help supply Southeast Asian countries during disruptions.

“The idea of creating an ASEAN oil storage hub is a good one,” he added, as quoted by local media.

His remarks were linked to Bahlil’s visit to the Philippines last week with President Prabowo Subianto for the 48th ASEAN Summit in Cebu.

At the summit, ASEAN leaders proposed new ideas like a regional fuel stockpile and a standby mechanism for food security to cushion against the impacts of the Strait of Hormuz closure – and potentially similar incidents in the future that could strain crucial fuel and fertiliser supplies to the region.

They mulled a “mechanism” for a “reservoir” of different fuel products that could be shared among member states, Philippines President Ferdinand Marcos Jr told the media after the summit last Friday.

“The situation right now is very different for each country. Some countries have a surplus of a certain kind of fuel. Other people have a shortage, and we’re trying to balance that out,” said Marcos, who is the 2026 chair of the 11-member bloc.

“And when something like this happens – a war happens and a trade route like the Strait of Hormuz is closed with all the attendant effects – we have somewhere to immediately run to for emergency supply,” he added.

Regional cross-border electricity interconnectivity and energy diversification were also discussed at the summit.

Separately, Bahlil also announced plans for a domestic oil storage facility in a Sumatra special economic zone to raise its national reserves, adding that the Sumatra project would proceed even if Indonesia is not chosen to host the ASEAN hub.

Plans for the Sumatra project are still in the feasibility stage, he added. 

The ongoing war between Iran and the United States and Israel has entered its 11th week amid a fragile ceasefire and the continued closure of the Strait of Hormuz, which normally carries one-fifth of the world’s oil and gas supply.

Oil prices surged on Monday after US President Donald Trump said the ceasefire in Iran was on “life support” after Tehran’s response to the US’ proposal to end the war.

Earlier on Mar 4, Bahlil reportedly said that the energy ministry conducted a feasibility study for an oil strategic facility on Nipa Island among the Riau islands, and aims to begin construction this year, according to Indonesian energy news outlet Petromindo.com. 

Bahlil added that the storage development plan was reported to Prabowo, who advised that the plan be implemented as soon as possible, reported Petromindo.

“This is about survival. If we want energy security, we must address the core issues quickly so we do not remain dependent,” Bahlil was quoted as saying, adding that investors had already been secured, with funding coming from domestic and international sources, excluding the US.

CNA