Ringgit Rises as Oil Fears Ease | Malaysia News

Former PM Najib Razak is now under house arrest after a conditional pardon that slashes his jail time, with the rest of his sentence ending August 23, 2028 — provided he pays a 50 million ringgit fine. The move, approved by the King and Pardons Board, follows earlier reductions in his sentence and fine. While some say Pakatan Harapan won’t lose support, citing Anwar Ibrahim’s respect for royal authority and anti-corruption stance, critics warn it could be a political misstep — especially given the scale of the 1MDB scandal, which fueled public outrage and helped topple the previous government in 2018.

Eco World, the Malaysian property giant, just bought a prime Singapore land parcel for $208 million—aiming to launch its first residential project there by 2028, turning Thomson’s coveted private housing zone into luxury condos under a 99-year lease.

Over 7,000 hectares of protected Tasik Bera forest—equivalent to 70 square kilometers—has been illegally cleared for oil palm and rubber plantations, sparking a major crackdown by state forestry, wildlife, and police teams. On September 15, tensions flared as protesters blocked enforcement efforts, leading to arrests of five individuals. Authorities are now investigating the full scope of the damage and those responsible, underscoring the ongoing struggle to safeguard vital ecosystems from illegal exploitation.

A meter reader in Cheras was brutally assaulted while doing his job, losing a tooth and suffering serious injuries after a confrontation sparked by a simple greeting. Police swiftly arrested two suspects, both with criminal histories, and are seeking public help to solve the case — a chilling reminder that everyday work can turn deadly.

Twenty police officers raided offices of civil society groups Mandiri and Hayat, demanding documents, computers, and USB drives—claims the groups deny wrongdoing. Days after their bank accounts were frozen under anti-money laundering laws and key staff barred from traveling, they remain defiant, insisting they’re innocent and cooperating fully with authorities.