◉ HEADLINES

banking leadership

KWAP names Datuk Jay Khairil Jeremy Abdullah as new CEO, effective May 20

The retirement fund looks to leverage his three decades of banking experience to drive strategic growth and institutional resilience

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Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

Malaysia sees 11.1% increase in crime rate, with property offences and assaults leading the rise

The latest report reveals a spike in property crimes and assaults, while homicides and kidnapping cases show signs of improvement

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