Nabil Luqman

0f9d2dd4f71434084e2b6094de1865e23abb37bb9f28ca51feeabee679ec9be2

Money

tech

entrepreneur

crypto

millionaire

website

domain

A Malaysian technopreneur has captured global attention after selling the internet domain AI.com for US$70 million (approximately RM276 million) &mdash; a figure widely regarded as the highest publicly disclosed domain name sale in history.
The buyer is Kris Marszalek, co-founder and chief executive officer of Crypto.com, who confirmed that the domain was acquired in April 2025 and paid for entirely in cryptocurrency. The transaction eclipses previous confirmed record sales, including CarInsurance.com, which sold for US$49.7 million in 2010.
The sale places AI.com among the most valuable pieces of digital real estate ever traded, highlighting the growing strategic importance of premium, category-defining domain names in the age of artificial intelligence.
A Domain Bought in Childhood
<img src="https://r2.myc.my/072d2d45063cc29648a54ade929ac86fb466664d0f69eea9f6a8be563ce14011" />
The seller, Arsyan Ismail, is a Malaysian technology entrepreneur whose connection to AI.com dates back more than three decades. In 1993, at just 10 years old, Arsyan purchased the domain for US$100, using his mother&rsquo;s credit card &mdash; a decision that reportedly earned him a scolding at the time.
According to Arsyan, the purchase was driven by a personal reason: &ldquo;AI&rdquo; are his initials. What began as a childhood curiosity would later become one of the most valuable digital assets in the world, delivering an estimated 700,000-fold return on investment.
A Career Built on Early Tech Adoption
<img src="https://r2.myc.my/ad1920b7b5c8f2454f56161cf63e946a9945a0cfafe7a8620cb0e7434ead0f83" />
Arsyan&rsquo;s early interest in the internet evolved into a long career in technology. By the age of 15, he had already launched his first internet-based project. In 2003, he worked on Kawanster, often described as Malaysia&rsquo;s first social networking platform and a local equivalent to Friendster.
He later became a senior programmer at Nuffnang, Malaysia&rsquo;s pioneering blog advertising network, before joining Friendster itself as a senior web developer. In 2013, Arsyan founded 1337 Tech, a startup focused on application development for businesses.
He was also an early believer in Bitcoin and blockchain technologies, working on cryptocurrency-related projects as early as 2014, well before digital assets gained mainstream attention.
Crypto.com&rsquo;s Strategic Bet on AI
&nbsp;<img src="https://r2.myc.my/6e04d265a3fb9c342d4878662b763664edef4ac361ce4610a53522fbdcbac2dd" />
The acquisition of AI.com is a strategic move by Marszalek, who described ownership of such a primary category domain as essential for long-term brand positioning.
Under its new ownership, AI.com now serves as the foundation for a consumer-focused AI platform offering personal AI agents. These agents are designed to go beyond basic chat functions, with capabilities that include sending messages, managing applications, trading stocks, organising work, and executing tasks across multiple apps.
According to the company, a key differentiator is the platform&rsquo;s ability to allow agents to autonomously develop missing features to complete real-world tasks, with improvements shared across the network to enhance overall performance.
A Super Bowl Launch and AGI Ambitions
<blockquote class="twitter-tweet">
<a href="https://t.co/ac2AqjBNxj">https://t.co/ac2AqjBNxj</a> launching during Super Bowl this Sunday. The countdown begins.. <a href="https://t.co/VWX0e63xG9">https://t.co/VWX0e63xG9</a>
&mdash; Kris | ai.com (@kris) <a href="https://twitter.com/kris/status/2019960287466778984?ref_src=twsrc%5Etfw">February 7, 2026</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The platform made its high-profile debut during Super Bowl LX on 8 February, following months of quiet development. Marszalek has stated that AI.com is on a mission to accelerate the arrival of artificial general intelligence (AGI) by building a decentralised network of self-improving AI agents.
Following the acquisition, Marszalek will continue to serve as CEO of both Crypto.com and AI.com, signalling a convergence of fintech, blockchain, and artificial intelligence under a single leadership vision.
More Than Just a Web Address
Beyond its record-breaking price, the sale of AI.com underscores a broader shift in how domain names are valued. Ultra-short, recognisable domains are increasingly viewed as strategic digital assets, comparable to prime real estate in the physical world.
For Malaysia, the transaction highlights the growing presence of local entrepreneurs in high-value global technology deals &mdash; not merely as consumers of innovation, but as owners of assets that shape future digital narratives.
Reflecting on the deal, Arsyan offered one piece of advice to others navigating negotiations at this level: never over-negotiate with a billionaire. While details of the transaction remain protected by a non-disclosure agreement, the outcome speaks for itself &mdash; a childhood purchase that evolved into one of the most significant digital asset sales the internet has ever seen.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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From being scolded for spending US$100 on his mum’s credit card to a multi-million-dollar investment.

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From A US$100 Purchase To A US$70 Million Payday: How Malaysian Entrepreneur Arsyan Ismail Sold AI.com For A Record Sum

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Marvel Studios president Kevin Feige has dismissed one of the biggest fan theories surrounding Avengers: Doomsday, confirming that Robert Downey Jr.&rsquo;s Doctor Doom is not a variant of Tony Stark.
The clarification addresses months of speculation since Downey&rsquo;s return to the Marvel Cinematic Universe (MCU) was announced at San Diego Comic-Con in 2024. Best known for portraying Iron Man, the actor is set to take on the role of iconic Marvel villain Victor Von Doom.
Speaking to Empire magazine, Feige said Doom was not a shortcut to bringing back a familiar character. &ldquo;The answer is no. He&rsquo;s Victor Von Doom,&rdquo; he said, rejecting the idea that Doom is another version of an existing character.
Kevin Feige Says Doctor Doom Is Not An Iron Man Variant
&nbsp;<img src="https://r2.myc.my/78a7b17809ff9ff6505d77d653d2a3711d6fb41c2750ab32011248121b1fe1b8" />&nbsp;
The theory gained traction because Downey spent more than a decade playing Tony Stark before being cast as Doom. With Avengers: Doomsday expected to explore the multiverse, many fans assumed the two characters would be connected through an alternate timeline.
Feige addressed the speculation by asking whether Steve Rogers should be considered a variant of Johnny Storm, referring to Chris Evans&rsquo; portrayals of both characters in Marvel films. His point was that one actor can play two distinct characters without them necessarily being alternate versions of each other.
However, Downey&rsquo;s casting is different from Evans&rsquo; situation. Evans first played Johnny Storm in 20th Century Fox&rsquo;s Fantastic Four films before joining the MCU as Captain America. Downey, meanwhile, is returning to the same cinematic franchise in which he played Tony Stark.
The debate has also been fuelled by an Avengers: Endgame re-release post-credits scene, which reportedly shows Tony Stark working on what appears to be a Doctor Doom mask. It has prompted questions about whether the characters could have a deeper connection, although it does not establish that Doom is a Tony Stark variant.
The Russos Promise A Darker And More Terrifying Doctor Doom
<img src="https://r2.myc.my/8b10cb1b5e2076d0fa0d320ab9628bcacb773b71550c006b616cbf82a371085a" />
While Feige has clarified Doom&rsquo;s identity, directors Joe and Anthony Russo have offered a glimpse of the villain&rsquo;s personality and motivations.
Joe Russo described Doom as a gothic character with dark magic. He said the villain is willing to go to extreme lengths, even selling his soul, to achieve what he wants. &ldquo;He&rsquo;s worth being scared of,&rdquo; the director said.
The character&rsquo;s menace is also rooted in personal tragedy. Joe Russo revealed that Doom is a father who has lost a child and is profoundly affected by trauma. He suggested that this loss has helped shape the character audiences will see.
Co-director Anthony Russo distinguished Doom from Thanos, the antagonist of Avengers: Infinity War and Avengers: Endgame. According to Anthony, Doom is driven more by ego, whereas Thanos believed he was acting in pursuit of a greater good.
The comments suggest Marvel intends to present Doom as a different kind of threat from the MCU&rsquo;s previous major villain, with his motivations shaped by personal loss, ambition and an overwhelming sense of self.
Robert Downey Jr. Says He Embraced Playing The Villain
<img src="https://r2.myc.my/0bf8d364e998979e91cfb2bad9d595b3167408b8b33971228c45108912c87ac6" />
Downey has also spoken about returning to the MCU as a villain.
In his interview with <a href="https://www.empireonline.com/movies/news/avengers-doomsday-doctor-doom-worth-being-scared-of-exclusive/">Empire</a>, the actor recalled realising a few days into filming that he was now &ldquo;the problem&rdquo; while the heroes were on the other side. He compared the moment to Michael Douglas&rsquo; character in the 1993 film Falling Down, who questions whether he is the villain.
Rather than resisting the change, Downey said he embraced the opportunity to play a villain. He teased that Doom&rsquo;s plans would be far more extreme than audiences might expect, describing his approach as enjoying &ldquo;a bit of scorched earth&rdquo;.
Downey&rsquo;s return as Doom was announced in July 2024. He later explained that discussions with Feige and the Russo brothers helped lead him to the role, after Feige raised the possibility of his return as Victor Von Doom.
Avengers: Doomsday Arrives In Malaysian Cinemas On 17 December
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Despite Feige&rsquo;s firm denial, questions remain about why Marvel chose Downey to portray a character who is not supposed to be connected to Tony Stark. The studio has yet to explain how the film will address the fact that Doom and Iron Man share the same face, leaving audiences to wait for the story itself.
The upcoming film will bring together characters from across the Marvel universe, with the Avengers, Fantastic Four, X-Men, Wakandans and other heroes set to face Doom. Downey is also expected to reprise the role in Avengers: Secret Wars, the planned conclusion to the Multiverse Saga.
Avengers: Doomsday is scheduled to open in Malaysian cinemas on 17 December 2026, one day ahead of its US release on 18 December. The Malaysian date is listed by local cinema operators including GSC and TGV Cinemas.
For now, Feige&rsquo;s statement appears to settle the central question: Robert Downey Jr. is playing Victor Von Doom, not a multiversal version of Tony Stark. Whether the film can make that distinction convincing while explaining the familiar face is one of the biggest mysteries Marvel fans will be watching for.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Same face, different villain. But will Marvel fans buy the explanation?

81ad48ca23a5f2eee574c753e51cc96c8606aec7e6d9a2d86da7f7cd3e1f77fa

Kevin Feige Confirms Doctor Doom Is Not A Tony Stark Variant In Avengers: Doomsday

Nvidia co-founder Jensen Huang has resigned as president and chief executive of the artificial intelligence chipmaker with immediate effect, bringing his 33-year leadership of the company to an abrupt end.
The announcement follows scrutiny over reports of extramarital relationships, including one involving a former Megaspeed International executive reportedly suspected by US intelligence officials of links to Chinese intelligence. The allegations remain unproven, and China has denied claims of espionage.
Huang&rsquo;s departure has unsettled global technology markets and affected Malaysian shares linked to artificial intelligence and data centres, including YTL Power International.
Nvidia Appoints Colette Kress As Interim CEO
<img src="https://r2.myc.my/755d3b63a4b7ac02971fac051e40991fcc01787161dad76c4e757cbf80641d5d" />
Nvidia confirmed that Huang had resigned as president, CEO and a member of its board, effective immediately. Chief Financial Officer Colette Kress will serve as interim CEO while the board searches for a permanent successor. She will retain her CFO role, which she has held since joining Nvidia in September 2013.
The company appointed long-serving board member Harvey C. Jones as its first-ever chair. Jones is a technology executive and investor who previously led Synopsys.
The board will consider internal and external candidates and said it expected operations, customer commitments and the technology roadmap to continue without interruption.
Affairs And Espionage Allegations Put Huang Under Scrutiny
<img src="https://r2.myc.my/1088c3d86f6cdd7795c8efd8bf911dd655f345c6368ea690b5bb5a3c2f229f14" />
Huang, 63, co-founded Nvidia in 1993 and led its transformation into a global AI computing leader.
The controversy intensified after reports linked him to Alice Huang, a former executive at Megaspeed. They are not related. US intelligence officials reportedly suspected Alice Huang of having links to Chinese intelligence, while Megaspeed faced scrutiny over allegations that restricted Nvidia chips may have been diverted to China.
On 8 November, Jensen Huang acknowledged in a message to employees that he had been unfaithful to his wife and apologised to his family. He also said he would co-operate with an independent investigation into concerns raised by reports about the relationship.
Nvidia&rsquo;s independent directors had launched an investigation, supported by external legal advisers, into whether Huang had been targeted by a foreign intelligence operation. The board previously said it had no reason to believe US national security or the company&rsquo;s confidential information had been compromised.
The New York Times later reported an alleged relationship involving Nvidia healthcare vice-president Kimberly Powell, while Reuters reported a further relationship with another employee. Nvidia and the individuals named have not publicly confirmed those reports.
Singapore&rsquo;s Ministry of Home Affairs said its investigation into Alice Huang concerned suspected offences linked to the purchase of servers exported through Singapore to Malaysia, not espionage. Authorities reportedly found insufficient evidence to establish that she had committed an offence, but issued her a stern warning over inaccurate information given to police and barred her from re-entering Singapore. This does not establish that she was a Chinese spy.
Nvidia Shares Fall As Malaysian Data Centre Stocks Feel The Pressure
<img src="https://r2.myc.my/8e7e69b0a7b142354d165cc97402f0b7c77c13a01996097628cb8d49b82dd883" />
Nvidia&rsquo;s chips power AI systems used by cloud providers and developers worldwide, making the leadership crisis significant for the wider industry.
Nvidia shares fell 4.3 per cent on 12 November, closing at US$166.19 after dropping sharply earlier in the session. The decline reduced the company&rsquo;s market value by about US$182 billion in a day.
The impact was also felt on Bursa Malaysia. YTL Power International shares fell 39 sen, or more than eight per cent, to RM4.40, wiping over RM3 billion from its market capitalisation. YTL Power operates an AI data centre in Johor equipped with Nvidia processors and is a partner of the chipmaker.
YTL Corp and NationGate Holdings also declined. There is, however, no verified evidence linking YTL Power to Megaspeed or any breach of US export controls; its share-price fall reflected wider market concerns, not an established finding of wrongdoing.
What Does Nvidia&rsquo;s Turmoil Mean For EPF?
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The sell-off has drawn attention to the Employees Provident Fund&rsquo;s investments in Nvidia and YTL Power.
US regulatory filings for the second quarter of 2026 showed EPF held approximately 6.85 million Nvidia shares, valued at around US$1.37 billion at the end of that reporting period. This is a historical snapshot and does not establish the fund&rsquo;s current position or the precise impact of the latest share-price movements.
Bursa disclosures showed EPF held a direct stake of about 12.9 per cent in YTL Power following share acquisitions reported on 12 November. EPF said its total investment assets stood at RM1.54 trillion as at 30 June 2026, while investment income reached RM57.5 billion in the first half of the year.
EPF has said unrealised market-value fluctuations are not distributable as dividends, which are supported by realised gains and investment income.
A Leadership Change At A Critical Time For AI
Nvidia is scheduled to announce its third-quarter fiscal 2027 results on 17 November, offering investors an early opportunity to hear from its leadership following Huang&rsquo;s departure.
Although Nvidia expects business and product plans to continue, replacing the founder who shaped its strategy will be a major challenge for the board and the wider AI industry.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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One CEO’s sudden exit, billions wiped off the market, and Malaysian stocks caught in the fallout.

d07bef4b903ed648555fcb767948737bc0d0f61fc83aaca5b239a838417fd5a3

Jensen Huang Resigns As Nvidia CEO After Affair Scandal As Malaysian Shares Feel The Impact

A brutal machete attack in Kepong that left a 26-year-old police officer with his right hand severed has prompted Kuala Lumpur&rsquo;s police chief to remind frontline personnel to remain prepared to defend themselves when facing life-threatening situations.
Kuala Lumpur Police Chief Datuk Fadil Marsus directed officers to be ready to draw their firearms and respond decisively to dangerous situations following the incident at an apartment in Desa Amanpuri on 11 November. The injured lance corporal has since undergone successful emergency surgery at Hospital Kuala Lumpur (HKL), where specialists managed to reattach his severed hand.
The incident has renewed attention on the risks faced by police and other first responders during volatile operations, as well as the rules governing the use of firearms by law enforcement officers.
KL Police Chief Issues Firearm Readiness Directive
<img src="https://r2.myc.my/cd5f918d309dd3320cb48e7d12e1d76d481b23505afdf84d70d7140189b19eeb" />
In an audio recording shared on the Kuala Lumpur Police Facebook page, Fadil urged personnel serving on the ground to stay alert, maintain operational readiness and avoid hesitation when confronted by serious threats.
He told officers to know how to draw their weapons and be prepared to use them when their lives were in danger. His remarks included the instruction to shoot when faced with resistance, uncertainty or a perceived threat, warning officers not to wait until they had suffered serious injuries.
Fadil said he did not want an incident like the Kepong attack to happen to other frontline personnel. His message emphasised three key priorities: constant readiness, proper tactical training and ensuring officers do not compromise their own safety while carrying out enforcement duties.
However, the directive should not be interpreted as permission to fire indiscriminately. Police use of firearms remains subject to Malaysian law and operational procedures. Under Sections 96 to 106 of the Penal Code, officers may exercise the right of private defence when facing an imminent threat, including danger of death or grievous hurt. The force used must be justified by the circumstances.
The Criminal Procedure Code also places restrictions on the use of force during arrests. Internal police procedures provide further guidance on firearm deployment, including warnings where circumstances allow and reporting requirements after a weapon is discharged.
What Happened During The Kepong Machete Attack?
&nbsp;<img src="https://r2.myc.my/e38d6bf4a993fc7116ac11bdc6eb0144431027e373680500193f31bd990f3999" />
Police received information from members of the public at around 4pm on 11 November about a man behaving aggressively at a residential unit in Desa Amanpuri, Kepong.
A team involving police officers, Fire and Rescue Department personnel and Ministry of Health staff arrived at the apartment at about 7pm to handle the situation. However, when the team opened the unit&rsquo;s door, the man reportedly rushed out carrying two machetes and attacked those present.
A 26-year-old lance corporal attached to the Gombak District Police Headquarters&rsquo; Mobile Patrol Vehicle (MPV) unit suffered the most serious injuries. His right hand was severed at the wrist, and he also sustained injuries to his head and body. Several firefighters and Health Ministry personnel reportedly suffered minor injuries.
The suspect fled after the attack but was located near a playground close to the apartment between 7.30pm and 8pm. When officers approached him to make an arrest, he allegedly attempted to attack them again with a machete.
<img src="https://r2.myc.my/a08f29905056cf9b552fbb699e0479850102e7253daf66e7347aec5644ae8879" />
Police then fired several shots in self-defence. The suspect was wounded, and officers attempted to take him to hospital for treatment. However, he was pronounced dead upon arrival at Hospital Selayang.
HKL Specialists Successfully Reattach Officer&rsquo;s Hand
&nbsp;<img src="https://r2.myc.my/50b879f60d2067e46b80ca4dac0195db74c9963cfd9edfefadb6a3c27b8ad3dd" />
Following the attack, the injured officer was initially taken to Hospital Selayang before being transferred to HKL for specialist treatment.
The 26-year-old lance corporal underwent emergency hand replantation surgery, which was successfully completed at 8.40am on 12 November. The procedure involved reattaching his severed hand, offering hope following the severe injury.
Hand replantation is a complex microsurgical operation that requires surgeons to reconnect delicate structures, including blood vessels, nerves, tendons and bones, to give the replanted hand the best possible chance of survival and function.
Although the operation was successful, the officer remains under medical observation. His longer-term recovery is still uncertain, and rehabilitation will be important in determining how much movement and function he may eventually regain.
News of the successful surgery prompted messages of relief and support online, with Malaysians expressing appreciation for the HKL medical team. Some social media users also shared personal experiences of undergoing similar procedures, offering encouragement to the officer and hoping he will regain the use of his hand.
Leaders Condemn Attack And Call For Officer&rsquo;s Recovery 
<img src="https://r2.myc.my/dbe92ab3fb91057ef2ec3bb3c0241af8df3034023f7abeda5d8345a8bf12e76c" />
Prime Minister Datuk Seri Anwar Ibrahim condemned the violence against enforcement personnel and offered prayers for the injured officer&rsquo;s speedy recovery. He stressed that violence, particularly against those responsible for public safety, would not be tolerated.
Home Minister Datuk Seri Saifuddin Nasution Ismail also conveyed his wishes for the officer&rsquo;s recovery and called for a thorough investigation. He reminded everyone in Malaysia, regardless of nationality or background, to respect the country&rsquo;s laws.
The incident highlights the dangers faced by frontline police officers and emergency responders when attending reports involving potentially violent individuals. While Fadil&rsquo;s directive underlines the need for officers to be prepared to protect themselves, any use of firearms must still be justified and remain within the limits of Malaysian law.
For the injured lance corporal, the successful operation marks an encouraging first step. His recovery will now depend on continued medical care and rehabilitation.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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After a horrific attack, police are being told to put their safety first. But where should the line be drawn?

ac8fb16450688daed7df5c03018d514919301c03af2c0bb482d3d5f4e54db49b

KL Police Chief Tells Officers To Be Ready To Shoot After Kepong Attack Leaves Policeman’s Hand Severed

Vinda Malaysia has launched Vera&trade;, a new feminine care brand developed under the tagline &ldquo;By Women, For Women, Period&rdquo;, with a nationwide giveaway of one million menstrual products and what the company describes as Malaysia&rsquo;s first all-women concert.
The brand made its debut on 1 November at Surf Beach, Sunway Lagoon, combining product sampling, menstrual health education and live entertainment to introduce its range of sanitary pads, pantyliners and period underwear. The launch also saw Vera receive two Malaysia Book of Records titles: Largest Distribution of Menstrual Products and First All-Women Concert.
One Million Menstrual Products Distributed Nationwide
<img src="https://r2.myc.my/9537cf9f771fd8e5c74acb55d05f7c7c399168c0ad39793531a662ad8b473a26" />
As part of its launch, Vera distributed one million packs of menstrual products through outreach activities at schools, colleges, universities and workplaces across Malaysia. The initiative also reached underprivileged students at schools in the Klang Valley, Perak and Negeri Sembilan.
Alongside the giveaway, the brand is conducting menstrual hygiene education programmes in schools to help girls better understand their bodies and learn how to care for themselves during their periods.
Yapp Pau Ling, Country Head of Vinda Malaysia, said the brand was founded on the belief that women understand women best. She said its &ldquo;By Women, For Women, Period&rdquo; promise was intended to go beyond product features by creating a supportive community where women can discuss menstruation openly, without embarrassment.
The large-scale distribution was also designed to give consumers the opportunity to try Vera&rsquo;s products and experience the features behind the new range.
Ernie Zakri And Priscilla Abby Lead All-Women Concert
<img src="https://r2.myc.my/6bd439fd4ff93ca02b02933a1daef893b122634abe5b97ad069944ee5852f633" />
Vera introduced singers Ernie Zakri and Priscilla Abby as its brand ambassadors during the launch, which was marked by an all-women concert at Surf Beach, Sunway Lagoon.
The line-up included Ernie and Priscilla, alongside Vanessa Reynauld, Layla Sania and XONE, as well as DJs Bambi and Charisma. More than 6,000 fans attended the event, according to a report by A+M.
Vinda Malaysia said entertainment was chosen to connect with consumers through shared experiences and create a more approachable way to introduce a personal product category such as feminine care.
The concert and nationwide giveaway earned Vera its two Malaysia Book of Records recognitions. The company said the milestones reflected its aim to make menstrual care and conversations about periods more visible.
Vera Sanitary Pads, Pantyliners And Period Panties
Vera&rsquo;s product range includes sanitary pads, pantyliners and period panties in different sizes and designs. The brand says all its products feature its V-FIT&trade; hourglass design, intended to follow the body&rsquo;s natural curves, and V-FLOW&trade; channels, which guide menstrual flow evenly to support fast absorption and help prevent leaks.
One of its latest products is the Daun Sirih period panties, which contain extracts of daun sirih and cica leaves. Vinda Malaysia says the ingredients have antibacterial properties that help inhibit the growth of harmful bacteria, soothe the skin and keep the intimate area feeling fresh.
The period panties also feature a high-waisted cut, side guards for V-360&deg;&trade; coverage, a soft cotton-like feel and disposal tape to make wrapping and discarding the product more convenient.
Vera is backed by Vinda Malaysia&rsquo;s experience in the hygiene and personal care sector. The company&rsquo;s existing portfolio includes Vinda, Tempo, Libresse, Drypers, Dr P and TENA.
Where To Buy Vera And How To Enter Its RM1 Million Contest
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Vera products are available at major supermarkets, neighbourhood stores and pharmacies, as well as through the brand&rsquo;s official online channels on Shopee, Lazada, TikTok Shop and Vindamall.
To mark its launch, Vera is also running a &ldquo;Buy &amp; Win&rdquo; contest offering prizes worth up to RM1 million. Prizes include a new car, luxury handbags, gold bars and other rewards.
The brand says its next focus is to build on the launch by helping consumers identify products suited to their individual needs, while continuing to share information about menstrual care through education, product guidance and its ambassadors.
More information about Vera&rsquo;s products, promotions and updates is available at <a href="http://www.veramalaysia.com">www.veramalaysia.com</a>.
&nbsp;
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Breaking period taboos, one million packs at a time.

9ce66ce2af0273cff905fb71cdcb254862591366732aecb83a93f6b6c2c233d5

Vinda Malaysia Launches Vera Feminine Care Brand With One Million Free Menstrual Products Giveaway

Taiwan has suspended bilateral investment negotiations with Malaysia following Prime Minister Datuk Seri Anwar Ibrahim&rsquo;s remarks describing the island as part of China. The diplomatic setback comes as a separate controversy involving Nvidia CEO Jensen Huang and a Singapore-based company with Malaysian operations raises questions about advanced artificial intelligence (AI) chip supply chains.
The two developments have attracted attention simultaneously, but there is no confirmed evidence linking them. Taipei has attributed the suspension to Anwar&rsquo;s comments, while the Nvidia controversy concerns possible breaches of United States export controls.
Taiwan Suspends Investment Talks After Anwar&rsquo;s One China Remarks
<img src="https://r2.myc.my/8562c4011586b95b56bcca44e4a7107d8e6cb919d78953c1e7c8b75ae013587b" />
Taiwan&rsquo;s Ministry of Foreign Affairs confirmed on 10 November that it had temporarily suspended bilateral investment negotiations with Malaysia. The talks, scheduled for late October, were intended to advance cooperation and update a 1993 investment agreement.
The decision followed Anwar&rsquo;s August interview with Al Jazeera, during which he said he regarded Taiwan as part of China, in line with Malaysia&rsquo;s longstanding One China policy. He also compared a possible attempt by Taiwan to separate from China with a Malaysian state seeking to break away from the federation.
Taipei objected strongly, arguing that the remarks appeared to justify Beijing&rsquo;s position on the possible use of force against the self-governed island. Foreign Ministry spokesman Hsiao Kuang-wei said the suspension was intended to protect Taiwan&rsquo;s sovereignty, economic security and the interests of its investors.
Taiwan said it remained in communication with Malaysia and hoped conditions could be created for negotiations to resume.
Malaysia Reassures Taiwanese Investors
<img src="https://r2.myc.my/57d665c726b32dff22e4742d0460fc9f996502c078e545bdda6572d201b947ca" />
The suspension has raised concerns about whether diplomatic tensions could affect Malaysia&rsquo;s semiconductor industry, which has attracted significant investment from Taiwanese companies.
Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said Malaysia valued its long-standing economic relationship with Taiwan and remained committed to providing a stable, business-friendly environment. He stressed that existing operations and investments had not been disrupted.
On 12 November, Anwar told Parliament there was no indication Taiwanese investors were withdrawing or withholding new investments. Malaysia remained open to investment in semiconductors, chips, AI and electrical and electronics.
He said Malaysia had requested the resumption of informal discussions through the Malaysia-Taiwan Economic Cooperation Committee.
The economic relationship remains substantial. Anwar said bilateral trade reached RM254.21 billion between January and September 2026, up 47.1 per cent year-on-year. Malaysian exports to Taiwan rose 88 per cent to RM116.58 billion, while imports increased 24.2 per cent to RM137.63 billion.
How The Nvidia Scandal Brings Malaysia Into The Spotlight
<img src="https://r2.myc.my/3ce526d34ab0c21c5a1f08b91f5e594d3c15907bb98feb50a80f4f1f6b062bf7" />
Separately, Malaysia has been drawn into scrutiny surrounding Nvidia CEO Jensen Huang and Megaspeed International, a Singapore-based cloud computing company that reportedly bought more than US$4.8 billion worth of Nvidia chips over two years.
Megaspeed has faced questions over whether advanced Nvidia processors were channelled to China in breach of US export restrictions. Its Malaysian subsidiary, Speedmatrix Sdn Bhd, has also come under attention after reports that it received more than 200 shipments of restricted technology between June 2024 and June 2025.
The controversy intensified after Huang admitted being unfaithful to his wife. Media reports identified the woman as Alice Huang, a former Megaspeed executive reportedly suspected by US authorities of having links to Chinese intelligence. They are not related.
The espionage allegations have not been independently verified by Reuters, and China has rejected them. Nvidia has launched an independent investigation into whether its chief executive was targeted by a foreign intelligence operation. The company&rsquo;s board has said it has no reason to believe US national security or its trade secrets were compromised.
A shareholder has also filed a proposed class-action lawsuit against Nvidia and Huang, alleging investors were misled about the relationship and its potential risks. The claims have not been proven.
MITI Says No Investigation Into Speedmatrix Yet
<img src="https://r2.myc.my/283628ccf1fb41832918fbf727a810289affd8c9e8bebb093c5e8d8044d4296d" />
Johari said Malaysia had not initiated an investigation into Speedmatrix because the ministry had not been presented with evidence that the company had breached Malaysian law.
He said credible evidence or a formal request from foreign authorities would be assessed under Malaysia&rsquo;s laws and procedures. However, he warned that the country would not allow itself to be used as a channel to circumvent export controls.
US export restrictions do not automatically become Malaysian law, but companies in global supply chains may still face scrutiny over restricted-chip movements.
What Could This Mean For Malaysia&rsquo;s Semiconductor Industry?
<img src="https://r2.myc.my/bd22f0b6baa1847a134aaf5d490f315dff4be437e7b68ccb9a1217c76dc5fe08" />
Taiwanese companies have invested heavily in Malaysia&rsquo;s electronics and semiconductor sectors, particularly in Penang. Existing operations are not expected to be immediately affected, but uncertainty could make investors more cautious about expansion.
Malaysia also competes with Vietnam and Thailand for high-value technology investments. Any loss of confidence could affect manufacturers and local suppliers.
There is currently no confirmation of Taiwanese investors withdrawing or Malaysian authorities finding wrongdoing by Speedmatrix. The developments nevertheless underline the importance of investor confidence and Malaysia&rsquo;s reputation as a trusted semiconductor hub.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Could these controversies shake investor confidence in Malaysia’s tech industry?

7ad5a281badd1bda5179ab9177c882cedda76045d8b4e8ee63497f3cb0f6d635

Taiwan Freezes Investment Talks With Malaysia As Nvidia Chip Scandal Raises Further Concerns

The government has announced a 50% toll discount for motorists travelling on 6 and 7 November 2026 in conjunction with Deepavali, giving Malaysians an opportunity to save on their journeys during the festive period.
The discount will be available from 12.00am on Friday, 6 November, until 11.59pm on Saturday, 7 November. Deepavali falls on Sunday, 8 November, and the initiative is intended to ease travel expenses for people returning to their hometowns or visiting family and friends.
Works Minister Datuk Seri Alexander Nanta Linggi said the government expects to spend approximately RM20.11 million to compensate participating highway concessionaires for the reduced toll collection. The amount will be borne by the government, subject to verification of traffic data after the implementation.
Which Vehicles Are Eligible For The 50% Toll Discount?
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The 50% toll discount applies to Class 1 private vehicles at all toll plazas nationwide. Class 2 vehicles travelling across the Penang Bridge are also eligible for the reduced rate.
However, motorists should take note that the discount does not cover two toll plazas located at Malaysia&rsquo;s southern border crossings. These are the Bangunan Sultan Iskandar (BSI) Toll Plaza on the North-South Expressway (PLUS) and the Tanjung Kupang Toll Plaza on the Malaysia-Singapore Second Link (LINKEDUA).
Drivers using either of these two toll plazas will continue to pay the usual toll charges. The discount is also limited to the stated two-day period, so motorists travelling outside the eligible hours should expect normal rates.
The Works Ministry, through the Malaysian Highway Authority (LLM), will coordinate the implementation with the highway concessionaires involved to ensure eligible road users receive the discount.
Government Allocates RM20.11 Million For Festive Toll Relie 
<img src="https://r2.myc.my/f278e5257afd7b795690cc703e80ad559f0fa9ccbdd3f67a08d9c16d97d1937f" />
Nanta said the initiative reflects the government&rsquo;s commitment to easing the cost of living and supporting Malaysians during major festive periods, regardless of race, religion or belief.
He added that the discount is particularly intended to help members of the Hindu community travelling home or making visits to relatives to celebrate Deepavali. The government hopes the savings will allow families to spend more time together while reducing some of the expenses associated with festive travel.
The two-day discount comes as authorities prepare for heavier traffic on major highways. The Malaysian Highway Authority is expecting around 3.28 million vehicles to use the main highways during the Deepavali holiday period, according to figures cited in local reports.
Motorists are therefore encouraged to plan their journeys early and avoid peak travel periods where possible. Drivers should also ensure that their Touch &lsquo;n Go cards and eWallets have sufficient balance before setting off, particularly as the discount does not mean toll payments are waived entirely.
Free Penang Ferry Rides On Deepavali
&nbsp;<img src="https://r2.myc.my/ba4f6657365b83b8157f29859172ea408030bbd089188022a16ec3849e369866" />
In a separate festive initiative, Malaysians travelling in Penang can also look forward to free ferry rides on Sunday, 8 November, in conjunction with Deepavali.
The Penang Port Commission (PPC) and Penang Port Sdn Bhd (PPSB) will offer complimentary ferry services to Malaysian passengers travelling from Sultan Abdul Halim Ferry Terminal in Butterworth to Raja Tun Uda Ferry Terminal in George Town, and vice versa.
PPC chairman Datuk Yeoh Soon Hin said the free service will operate according to the latest ferry schedule. Passengers are advised to check the commission&rsquo;s and operator&rsquo;s official websites and social media channels for updated service information before travelling.
The initiative is intended to make travel more convenient during the festive period and help ease congestion in Penang. It also gives residents and visitors another way to move between the mainland and the island without paying the usual passenger fare.
Motorists Urged To Plan Ahead And Drive Safely
<img src="https://r2.myc.my/1cc4d4f72f9dce99b13d389d2a986f813cc3662dd623ad430a0cdc5057af6371" />
With more people expected to travel over the Deepavali weekend, Nanta reminded motorists to prioritise road safety throughout their journeys.
Drivers should observe posted speed limits, maintain a safe distance from vehicles ahead and take sufficient breaks to avoid fatigue, especially when travelling long distances. They are also encouraged to check the latest traffic updates and highway incident reports through the Malaysian Highway Authority&rsquo;s official channels before and during their trips.
The Works Ministry has extended its Deepavali greetings to the Hindu community, expressing hope that the Festival of Lights will bring joy, prosperity and harmony while strengthening unity among Malaysians.
For those taking advantage of the toll discount, the reminder is simple: plan your journey, check your payment balance and drive carefully. The savings may make the trip more affordable, but arriving safely remains the most important part of the festive journey.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Cheaper tolls and free Penang ferry rides. A little Deepavali travel treat!

df8dc4104e5ece27c063b05871dd4a885f2207114925aa213d67c781ca9d9536

Deepavali 2026: Malaysians Enjoy 50% Toll Discount On 6 And 7 November

Binance is in discussions with Malaysian regulators about securing a licence to operate in the country, potentially paving the way for the cryptocurrency exchange to return more than five years after it was ordered to stop its local operations.
A spokesperson for Binance confirmed that the company has been engaging the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) over the past 10 months to explore a licensed route for offering its products and services to Malaysians.
Speaking to Bloomberg, the spokesperson said the discussions were focused on the viability and structure of a licensed business model. However, Binance has not disclosed which specific licence it is seeking, and there has been no announcement that regulatory approval has been granted.
The talks mark a possible step towards re-establishing the exchange&rsquo;s presence in Malaysia, where access to its website and mobile applications remains blocked.
Binance&rsquo;s regulatory history in Malaysia
<img src="https://r2.myc.my/43543d1d937790f2cc741552bc86c524ea505b984ca80220646c2aa51e4e09b3" />
Binance&rsquo;s previous operations in Malaysia were halted in July 2021, when the SC ordered the exchange to cease operating after finding that it was running a digital asset exchange without the required authorisation.
The regulator also directed Binance to stop all media and marketing activities in the country and restricted Malaysian investors from accessing its Telegram group. The action formed part of efforts to ensure that digital asset trading platforms operating locally comply with Malaysia&rsquo;s regulatory framework.
Although the SC removed Binance from its Investor Alert List in 2024, the exchange was added back to the list on 8 October 2026, without a public explanation for the decision, according to the reports.
The Ministry of Finance also confirmed in July that Binance remained unlicensed in Malaysia and that its website and applications were still blocked. The latest discussions therefore do not mean the exchange is currently authorised to provide services to Malaysian users.
For a formal return, Binance would need to satisfy the relevant regulatory requirements and obtain the necessary approvals. Malaysia&rsquo;s digital asset market already includes locally registered operators, with Luno among the established platforms serving consumers.
P2P trading platform draws scrutiny over ringgit transactions
&nbsp;<img src="https://r2.myc.my/d29ea830276c7e6ec9e4dc584b347e94ef2395ba3f6941760a03fde4a3a79836" />
Alongside its licensing discussions, Binance has faced questions about transactions on its peer-to-peer (P2P) marketplace and whether foreign-currency listings could be used to facilitate trades involving the ringgit.
In September, former finance minister and DAP chairman Lim Guan Eng wrote to the SC asking it to investigate whether Binance&rsquo;s P2P platform was enabling ringgit transactions through advertisements listed under other currency denominations. His office released the letter on 31 October, citing the exchange&rsquo;s recently reported security incident.
Binance said it had voluntarily disabled a specific Papua New Guinea kina marketplace after identifying that it was unofficially pegged to the ringgit. The company described the move as part of its engagement with the SC.
It also addressed a separate complaint involving an advertisement placed by a non-Malaysian user on its Romanian leu marketplace. Binance characterised this as an isolated case and maintained that no other products on its platform were pegged to the ringgit or offered as substitutes for the Malaysian currency.
The exchange acknowledged that no platform could completely prevent individuals from attempting to bypass marketplace rules. However, it rejected the suggestion that the incidents demonstrated a sustained effort to circumvent Malaysian law, saying it took the concerns seriously.
US$6.3 billion security incident adds to scrutiny
<img src="https://r2.myc.my/4f494f3208ae77f90448731b9e0aedb29bf8a515e3273a2973b3b7c2ee4af2ae" />
The renewed regulatory discussions come as Binance faces international scrutiny following a major security breach reported in late October. The incident involved digital assets valued at approximately US$6.3 billion (around RM25.6 billion), making it one of the largest reported security incidents in the cryptocurrency sector.
Binance said it had found no evidence that users&rsquo; wallet private keys had been leaked and maintained that customer funds remained safe. The exchange pledged to cover losses through its Secure Asset Fund for Users (SAFU) and corporate reserves. Reports also said that around US$3 billion (approximately RM12.2 billion) in affected assets had been frozen through cooperation with blockchain partners.
The incident has raised further questions about the security measures and safeguards used by major cryptocurrency platforms, particularly as regulators assess the risks associated with digital asset trading and custody.
No confirmation of Binance&rsquo;s return yet
<img src="https://r2.myc.my/ae673066e003c2ce688a89bed6a17e2aa6fc3fdefe21c92e604e9ad010b7cbce" />
Binance has reiterated that it remains committed to working with Malaysian regulators to offer its services in line with local requirements. However, the outcome of its discussions with the SC and BNM remains uncertain.
Until the necessary approvals are secured and any official announcement is made, Malaysian users should not interpret the talks as confirmation that Binance can legally resume local operations.
The exchange&rsquo;s potential return will depend on whether it can meet Malaysia&rsquo;s regulatory expectations, address concerns surrounding its P2P marketplace and demonstrate that it has appropriate safeguards for protecting users and their assets.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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A familiar name in crypto, but can it win back trust and confidence?

47986c5adf595c2b8015d9d00f360ce5d911fa3f6f822e046ec2d194aa2606e9

Binance In Talks With Malaysian Regulators To Secure Licence After Five-Year Absence

Malaysians travelling to mainland China, Hong Kong, South Korea, the Philippines and Laos can now make QR payments at participating merchants using supported Malaysian mobile banking apps. The new service, launched by Payments Network Malaysia Sdn Bhd (PayNet) through Ant International&rsquo;s Alipay+ platform, means travellers can pay directly through their existing banking app without downloading another application or signing up for an Alipay+ account.
At launch, the service is available through Maybank, CIMB and Hong Leong Bank, while Bank Islam is expected to join soon. PayNet says the service will be expanded progressively to more overseas destinations and may also be adopted by other participating banks and e-wallet providers.
How to Make Overseas DuitNow QR Payments
&nbsp;<img src="https://r2.myc.my/30170fa6e415fd999a95e15491af4230ba9c3ccc927be721add18b9ef64031b6" />
The payment process is intended to be as straightforward as using DuitNow QR at home. At a participating business displaying the Alipay+ logo, customers open the QR payment function in their Malaysian banking app and scan the merchant&rsquo;s QR code. They can then review the transaction details and confirm the payment within the same app.
Travellers do not need to download a separate app or create an Alipay+ account. However, the service currently works by customers scanning the merchant&rsquo;s QR code; it does not support the reverse arrangement in which a merchant scans a QR code displayed on the customer&rsquo;s phone. Users should check that their bank supports the feature and look for the Alipay+ logo before attempting to pay.
PayNet Extends Its Partnership with Alipay+
<img src="https://r2.myc.my/9de99645e04606afb9b28a599a7a1d7aa6b40ba995b7ded0d878e955315234cd" />
The launch builds on an existing partnership between PayNet and Ant International. Since November 2023, travellers using supported Alipay+ partner wallets have been able to pay at DuitNow QR merchants in Malaysia. That arrangement has helped local businesses, including small and medium-sized enterprises, accept payments from international visitors using participating overseas wallets.
The new outbound service extends the connection in the other direction, enabling customers of participating Malaysian banks to pay at Alipay+-supported merchants abroad. Rather than requiring travellers to learn a new payment system or register for another digital wallet, the feature uses the banking apps they already have.
PayNet chief executive officer Praveen Rajan said cross-border payments should feel as familiar as paying at home. He added that collaboration between financial institutions and international payment partners can extend Malaysia&rsquo;s national payment infrastructure beyond its borders, make spending across borders easier and strengthen the country&rsquo;s economic links with the region.
The initiative also aligns with Bank Negara Malaysia&rsquo;s broader vision for cross-border payments that are faster, more efficient and inclusive.
Cross-Border QR Payments Continue to Grow
<img src="https://r2.myc.my/2a9c025e437b8b59c5c1d4c273be1ee3f5c1d15506c38c1f81a8cd26421b9a70" />
The expansion comes amid a sharp rise in cross-border payment activity. PayNet recorded nearly 30 million cross-border transactions in 2025, approximately 150% more than in 2024. Transactions linked to mainland China accounted for much of that growth, according to the company.
Alipay+ connects more than two billion user accounts through over 50 international payment partners, with more than 150 million merchants across over 210 markets, according to Ant International. The network gives connected payment services a wider reach, although the new DuitNow QR feature is only available at participating merchants in the five destinations announced at launch.
DuitNow QR is already interoperable with payment schemes in Singapore, Thailand, Indonesia and Cambodia, allowing participating users to make cross-border payments in those markets. The latest Alipay+ launch is a separate expansion that brings outbound access through supported Malaysian banking apps to the five newly announced destinations.
PayNet will continue working with financial institutions and regional partners to bring the service to more apps and markets. Other PayNet-participating banks and e-wallet providers can also adopt the outbound QR capability, potentially allowing more Malaysians to make overseas payments through services they already use.
For travellers, the main benefit is convenience: in supported destinations, eligible users can pay by scanning a participating merchant&rsquo;s QR code through their Malaysian banking app. Before travelling, customers should confirm availability with their bank and remember that acceptance depends on the merchant displaying the Alipay+ logo.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Cashless travel just got easier for Malaysians.

409518d772e9cbd0393d4e339807d6b18ab08d18b18719241077579bfd085722

Malaysians Can Now Use DuitNow QR To Pay In Five Overseas Destinations

Malaysia has recorded its highest-ever score in the Economic Freedom of the World index since it was introduced in 1970, although the country has slipped two places in the global rankings as other economies made faster progress.
According to the Center for Market Education (CME), Malaysia scored 7.57 out of 10 in the Economic Freedom of the World: 2026 Annual Report, improving slightly from 7.55 previously. Despite the record score, Malaysia fell from 33rd to 35th place among 165 countries and jurisdictions assessed.
In a statement issued on Monday, 19 October, the think tank said Malaysia's economic freedom had improved considerably since the beginning of the century. However, it warned that the latest ranking should not be a reason for complacency, particularly as other countries continue to implement reforms at a faster pace.
Malaysia Remains ASEAN's Second-Freest Economy
<img src="https://r2.myc.my/8afca5035a0d0b9972cef6b39abed3b1b25a2242bcf4ad10b2ed6e72a6f3234c" />
Despite its decline in the global rankings, Malaysia remains the second-freest economy in ASEAN, trailing only Singapore, which secured third place worldwide with a score of 8.43.
Malaysia continues to rank ahead of several regional economies, including Thailand in 57th place, Brunei and the Philippines in joint 61st place, and Indonesia in 72nd place.
Globally, Hong Kong topped the index with a score of 8.53, followed by Switzerland, Singapore, New Zealand and the United States.
Malaysia's score is also above the regional average of 6.99, indicating that the country's overall economic freedom remains relatively strong compared with its regional counterparts.
Nevertheless, the two-place drop highlights the difference between improving a country's own performance and keeping pace with other economies. Although Malaysia achieved a higher score, other countries made sufficient progress to overtake it in the rankings.
Malaysia's Economic Freedom Has Recovered Since the Asian Financial Crisis
&nbsp;<img src="https://r2.myc.my/f5efc3d20acd87b90e8ec65ca8a5facac8f825db5aaf4bd93400351a81f384e5" />
The CME noted that Malaysia has made considerable progress since the economic difficulties experienced during the Asian financial crisis.
According to the report, Malaysia scored 6.99 and ranked 36th in 1995 before its score fell to 6.12 in 2002 following the financial crisis, capital controls and policy disruptions.
The country's position deteriorated further, reaching 97th place in 2009. However, Malaysia has gradually improved its standing since then, reflecting its longer-term progress in economic freedom.
The latest score of 7.57 marks its strongest performance since the index was established, suggesting that Malaysia has made significant gains over the decades despite facing economic and policy challenges along the way.
The improvement also reinforces Malaysia's position as one of Southeast Asia's more economically open economies, although the latest ranking suggests there is still room for further reform.
Government Ownership Remains a Key Concern
&nbsp;<img src="https://r2.myc.my/f4d57510cb73caddb9a44fc4b7cd4032798a83df8448a27e7035f76a4597605b" />
CME chief executive officer Dr Carmelo Ferlito said Malaysia's monetary stability and relatively flexible labour market remained important strengths supporting its economic performance.
However, he warned that the government's extensive involvement in commercial activities continued to present a challenge.
According to Ferlito, government-linked companies (GLCs) and state-owned banks account for a substantial state presence in the economy, which he described as among the heaviest in the world.
He also raised concerns about public administration, stating that it had become less impartial since 2019.
While the country's record score is encouraging, Ferlito stressed that Malaysia should not become complacent as other economies continue to advance their economic reforms.
His comments highlight the ongoing debate over the role of government in the economy, particularly the balance between state participation, private-sector competition and market efficiency.
What Malaysia Needs to Do to Reach the Global Top 20
<img src="https://r2.myc.my/d231982ee21843486056da568c1d7911fcbe2fe9c0aefaf186ab4678a4075298" />
Ferlito said Malaysia would need to pursue further structural reforms if it hopes to break into the world's top 20 economies in the economic freedom rankings.
Among the measures he identified were reducing state ownership in the economy, ensuring that the civil service operates according to clear rules and remains impartial, simplifying the country's tariff structure, and opening markets to greater competition.
Reducing barriers to competition could help create more opportunities for private businesses, while clearer and more impartial public administration could support a more predictable business environment.
Simplifying tariffs could also make trade arrangements easier to navigate, potentially improving market access for businesses and investors.
However, the proposed changes would require sustained policy efforts rather than relying solely on incremental improvements in the country's overall score.
Record Score Shows Progress, But More Reforms Are Needed
Malaysia's latest economic freedom score represents a milestone, reflecting its recovery from the setbacks experienced in the aftermath of the Asian financial crisis and its subsequent improvement over the years.
Nevertheless, its fall to 35th place globally serves as a reminder that maintaining competitiveness requires continued progress as other countries strengthen their own economic policies.
With Malaysia still ranked second in ASEAN, the country has a relatively strong regional position. The challenge now is to translate that standing into further improvements in economic openness, market competition and public administration.
As highlighted by CME, reaching the global top 20 will require Malaysia to address the role of state-owned entities, strengthen impartial governance and create greater opportunities for competition.
Whether Malaysia can climb higher in future editions of the index will depend not only on maintaining economic stability, but also on how effectively it implements the reforms needed to keep pace with the rest of the world.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Malaysia hits a record economic freedom score, but slower progress sees it slip two places in the global rankings.

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Malaysia Achieves Highest Economic Freedom Score Since 1970, But Slips To 35th Globally

Ryt Bank customers can now make contactless payments using their Apple devices, following the launch of Apple Pay support for the bank&rsquo;s Ryt Card on 6 October 2026. The update allows customers to add their card to Apple Wallet and pay in stores, online and through supported apps without needing to take out their physical card.
With this addition, Ryt Bank becomes the first digital bank in Malaysia to support both Apple Pay and Google Pay. The bank introduced Google Pay support in January 2026, giving Android users access to mobile payments before extending the service to Apple users.
The latest update offers customers more flexibility in how they pay for everyday purchases, from buying groceries and grabbing coffee to shopping online. It also introduces another convenient way to make payments while benefiting from the security features built into Apple Pay.
How Apple Pay Makes Everyday Payments More Convenient
<img src="https://r2.myc.my/a06634d7f0de0d8f8ba130a5be85cd48b0017e061d6bbdda0e8e0a4cec6d2fdf" />
Apple Pay allows customers to use compatible devices, including iPhones and Apple Watches, to make contactless payments at participating merchants. Instead of carrying a physical card, users can simply authenticate their payment on their device and hold it near a compatible payment terminal.
The service also works for online purchases and in-app transactions at supported merchants, allowing users to complete payments without repeatedly entering their card details.
For customers who frequently use contactless payments, adding a card to Apple Wallet can make everyday transactions quicker and more convenient. It is particularly useful when heading out without a wallet, as payments can be made directly through a compatible Apple device.
Customers who use Android devices can continue to access Google Pay with their Ryt Card, meaning Ryt Bank now supports both major mobile wallet platforms.
Apple Pay Security Features Protect Your Card Details
<img src="https://r2.myc.my/724ed1fa5a195167b50cac4b7b977fbefb8d824b9a7a4435187ed13a5a0f9b5b" />
Beyond convenience, Apple Pay includes security measures designed to protect users&rsquo; payment information.
Each transaction must be authenticated through Face ID, Touch ID or the device&rsquo;s passcode, helping ensure that payments are authorised by the device&rsquo;s owner.
Apple Pay also uses a device-specific account number and a unique security code for each transaction, rather than sharing the actual card number with merchants. Apple states that card numbers are not stored on its servers, adding another layer of protection when customers make payments.
If an iPhone is lost or misplaced, users can also use Apple&rsquo;s Find My service to mark the device as lost and suspend Apple Pay on it.
However, users should still protect their devices with a secure passcode and keep their banking applications updated.
How To Add Your Ryt Card To Apple Pay
&nbsp;<img src="https://r2.myc.my/8f90cd0d321e69e0ce6a2eb0c2d2ed8edda25d579cd43fa930c406b9029d639d" />
Ryt Bank customers can add their Ryt Card to Apple Wallet through the bank&rsquo;s app or directly through the Wallet app on a compatible Apple device.
Option 1: Through the Ryt Bank app
<ol>
<li>Open the Ryt Bank app and navigate to the Cards tab.</li>
<li>Select the option to Add to Apple Wallet.</li>
<li>Follow the on-screen instructions to complete the setup.</li>
</ol>
Option 2: Through Apple Wallet
<ol>
<li>Open the Wallet app on your compatible Apple device.</li>
<li>Tap the + button to add a card.</li>
<li>Follow the instructions to add and verify your Ryt Card.</li>
</ol>
Once the setup is complete, you can use Apple Pay wherever the service is accepted. Depending on your device and setup, you may also be able to add the card to other compatible Apple devices.
What Is Ryt Bank?
<img src="https://r2.myc.my/7838122416fdb9288b2869284ae7342adcbab30c4e9ed6c8699fea2c795f1bbc" />
Ryt Bank is a licensed digital bank in Malaysia that provides banking services through a digital platform, allowing customers to manage their finances without relying on a traditional network of physical bank branches.
It is operated by YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited, the parent company of Shopee and Garena. The bank offers digital banking services through its mobile app, including access to its Ryt Card.
As a digital bank, Ryt Bank focuses on providing customers with accessible banking services and digital tools for everyday financial management. Its support for Google Pay and Apple Pay expands the ways customers can use their Ryt Card for cashless transactions.
Which Other Banks Support Apple Pay In Malaysia?
Ryt Bank joins several established financial institutions that already support Apple Pay in Malaysia. These include AmBank, CIMB, Hong Leong Bank, HSBC, Maybank, RHB and Standard Chartered.
Wise Payments Malaysia is also listed by Apple as a participating card issuer, although availability can vary depending on the issuer and card type.
With Apple Pay now available for the Ryt Card, Ryt Bank customers have another option for making secure, convenient payments using their preferred devices. The move also strengthens the bank&rsquo;s digital payment offerings, allowing both iPhone and Android users to enjoy mobile wallet convenience.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Your Ryt Card just got more convenient, with seamless cashless payments.