Nabil Luqman

0f9d2dd4f71434084e2b6094de1865e23abb37bb9f28ca51feeabee679ec9be2

Money

finance

cost of living

inflation

retirement

KWSP

pension

savings

Finance Ministry

More Malaysians are reaching their Employees Provident Fund (EPF) retirement savings targets, but the majority of active contributors still remain below the recommended benchmark.
Deputy Finance Minister Liew Chin Tong told the Dewan Rakyat that as of 31 May 2026, 3.04 million active EPF members aged between 18 and 60 had achieved their age-based Basic Savings target.
The figure represents 38.3% of 7.94 million active formal-sector EPF members, marking an improvement compared with the previous year, when only 2.71 million members (35%) had reached the same benchmark.
However, the latest figures also mean that around 4.9 million active contributors, or 61.7%, have yet to achieve the Basic Savings target set by EPF.
The Basic Savings benchmark refers to the amount EPF estimates members should have accumulated by the age of 60 to support a basic retirement lifestyle.
What Is EPF&rsquo;s Basic Savings Target?
&nbsp;<img src="https://r2.myc.my/6d14a8268c8940b43e8dea6ed8e4b498a5756993e6e65441193855ba360298f6" />
Under EPF&rsquo;s Retirement Income Adequacy framework, members are encouraged to build savings according to three different levels:
<ul>
<li>Basic Savings: RM390,000</li>
<li>Adequate Savings: RM650,000</li>
<li>Enhanced Savings: RM1.3 million</li>
</ul>
The Basic Savings target of RM390,000 by age 60 is estimated to provide retirement income for approximately 20 years, from age 60 to 80, equivalent to around RM1,625 per month.
While achieving the Basic Savings level represents a minimum retirement benchmark, EPF has highlighted that higher savings tiers would provide greater financial security and flexibility during retirement.
Government Expands Initiatives To Boost Retirement Savings
&nbsp;<img src="https://r2.myc.my/c0f7b0f6fe9a2e3284ac6fa480acb2680e214c29b33201e3af77caec0feaea04" />
Liew said the improvement in savings adequacy was partly driven by several initiatives introduced by the government and EPF to encourage more Malaysians to increase their retirement funds.
Among the initiatives is i-Saraan Plus, a voluntary contribution scheme introduced for gig workers, e-hailing drivers, delivery riders and self-employed Malaysians. The programme provides matching incentives of up to RM600 annually, subject to eligibility requirements and a lifetime maximum limit.
Other initiatives include:
<ul>
<li>i-Saraan &ndash; Allows self-employed and informal sector workers to voluntarily contribute towards EPF savings.</li>
<li>i-Simpan &ndash; Enables members to make voluntary contributions of up to RM100,000 annually.</li>
<li>i-Topup &ndash; Allows employees and employers to contribute above the mandatory EPF contribution rate.</li>
<li>i-Suri and i-Sayang &ndash; Support retirement savings among women and homemakers.</li>
<li>i-Legasi &ndash; Allows eligible EPF members aged 55 and above with more than RM650,000 in savings to transfer part of their surplus savings to immediate family members.</li>
</ul>
Since its introduction in February 2026, 63 i-Legasi applications involving RM46.3 million have been approved, benefiting 86 recipients.
The government said these measures are part of broader efforts to improve retirement preparedness, especially as Malaysia moves towards becoming an ageing nation.
EPF Account Restructuring To Balance Savings And Financial Needs
&nbsp;<img src="https://r2.myc.my/10f959480cd140f9836937cc422c618770d7e56819a7c6a0b7a0ca70db94520f" />
Liew also highlighted the restructuring of EPF accounts from two to three accounts as another step towards improving retirement security while allowing members access to funds when necessary.
Under the current structure:
<ul>
<li>75% of contributions go into the Retirement Account for long-term savings.</li>
<li>15% goes into the Sejahtera Account for approved withdrawals such as housing, healthcare and education.</li>
<li>10% goes into the Flexible Account for short-term financial needs and emergencies.</li>
</ul>
The government said the new structure was introduced based on lessons learnt during the Covid-19 pandemic, allowing members to access emergency funds without significantly affecting their long-term retirement savings.
Concerns Remain Over Malaysians&rsquo; Ability To Save
&nbsp;<img src="https://r2.myc.my/e28c071917484d1f17843a6acfeaedfa21c7440894fb69021dde2430a93fb5b1" />
Despite the improvement, concerns remain over whether many Malaysians can consistently build sufficient retirement savings amid rising living costs.
Port Dickson MP Datuk Seri Aminuddin Harun previously raised concerns that around 6.1 million EPF members have savings below RM10,000, partly due to withdrawals made during the Covid-19 pandemic.
He warned that the situation could potentially increase the risk of retirement poverty if affected members are unable to rebuild their savings before reaching retirement age.
Liew acknowledged the concern, saying stronger wage growth and higher household incomes would be crucial in closing the retirement savings gap.
He added that raising wages remains a key objective under the government&rsquo;s Madani Economy framework, as higher incomes would allow Malaysians to save more consistently over the long term.
Government Aims For Stronger Retirement Protection
While EPF initiatives have helped more members improve their savings, challenges remain for workers with unstable incomes, including gig workers and those outside the formal employment sector.
The government said it will continue working with EPF to strengthen contribution incentives, expand social protection measures and improve retirement savings adequacy.
With nearly six in 10 active contributors still below the Basic Savings benchmark, ensuring Malaysians have enough disposable income and stable employment opportunities remains a key factor in building stronger retirement security.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

Despite improvements, many Malaysians still have a long way to go before reaching the recommended retirement savings target.

dc96d19917e76a3f173268cc008406e8ed0d58f015b73bcba6fc94bc29bb6bb2

Nearly 62% Of EPF Members Yet To Reach Basic Retirement Savings Target Despite Improvement

9621255847abc97937372c8dc13279f044806beb1dd21709fd1553c490afe2dd

BIllie Eilish UMMY

cdb6070aabbec308a543cd4adeeb88164255929fcd5130c1f206502017c1c52f

Coke Fifa

38941b1bac42da64a02a23ecc8eb6222efa97c70765b23b6219aa575309b69db

UMMY Sienna Spiro

83825a877c75953ebff3be1a2ab43cd2012f89a4df7cbd22db7ff7c05598b510

Pizza hut Meltz 2026

Travelling around Thailand is about to become much more convenient for millions of visitors, as the country expands its Cross-Border QR Payment system under the "Pay Like a Local" initiative.
The new digital payment system allows eligible international tourists to pay directly at participating businesses using the mobile banking apps or e-wallets they already use back home, removing the need to carry cash or exchange currency during their trip.
Led by the Tourism Authority of Thailand (TAT) in partnership with the Bank of Thailand (BoT), the initiative is part of the country's broader push to modernise its tourism industry and strengthen its position as one of Southeast Asia's leading digital travel destinations.
Pay With Your Home Banking App
&nbsp;<img src="https://r2.myc.my/ac4c0586f881f535ed4ec18014df2cb6a23a98a01630804a736e0a92fc096046" />
Under the expanded system, visitors from Malaysia, Singapore, China, Indonesia, Vietnam, South Korea, Laos, Cambodia and Hong Kong can simply scan a Thai merchant's QR code using their compatible banking app or digital wallet to complete their purchase instantly.
The service is available across a growing number of participating businesses, including restaurants, hotels, retail outlets, tourist attractions and other tourism-related establishments nationwide.
By allowing travellers to use familiar payment methods from their home countries, the initiative aims to eliminate language and currency barriers while reducing reliance on physical cash and money changers.
How It Works
Using the system is designed to be straightforward:
<ol>
<li>A participating merchant displays its QR payment code.</li>
<li>Visitors scan the code using their home country's supported banking app or e-wallet.</li>
<li>Payment is processed securely in real time through integrated cross-border payment networks.</li>
</ol>
The seamless process allows tourists to pay in just a few taps without needing local cash or additional payment apps.
Backed by Major Banks and Global Payment Networks
&nbsp;<img src="https://r2.myc.my/d4bceb07c452fa0c2d5bdca5ad6a2fd4adaa51cfc33eed1c2f8b8ee06b8529d6" />
The rollout is supported by eight major Thai financial institutions:
<ul>
<li>Bangkok Bank</li>
<li>Krung Thai Bank</li>
<li>CIMB Thai Bank</li>
<li>Bank of Ayudhya (Krungsri)</li>
<li>Kasikorn Bank</li>
<li>Siam Commercial Bank</li>
<li>ICBC (Thai)</li>
<li>Bank for Agriculture and Agricultural Cooperatives</li>
</ul>
The system also integrates with several international payment platforms and infrastructure providers, including:
<ul>
<li>Alipay</li>
<li>WeChat Pay</li>
<li>UnionPay</li>
<li>National ITMX</li>
</ul>
Together, these partnerships enable secure, real-time interoperability between overseas banking systems and Thai merchants.
Supporting Thailand's Digital Tourism Push
<img src="https://r2.myc.my/ef81ed5565119e01b7218a50bff1884e08753e15fb4d83e38eae6e9afa7f4dd2" />
According to the Tourism Authority of Thailand, the initiative reflects changing travel habits, particularly among visitors from East Asia and neighbouring countries where QR-based mobile payments have become part of everyday life.
The agency believes making payments easier will encourage spending, improve travellers' overall experience and help local businesses adapt to increasing demand for cashless transactions.
To support adoption, TAT has also launched merchant activation programmes and roadshows across the country, helping tourism operators register for QR payment services and prepare their businesses to accept cross-border digital payments.
The nationwide rollout follows a successful pilot programme in Udon Thani earlier this year, which introduced the technology to local tourism businesses ahead of an anticipated increase in Chinese visitors.
A Growing Digital Economy
Thailand welcomed approximately 14 million international visitors during the first five months of 2026, generating an estimated THB 679.27 billion (around US$20.8 billion) in tourism revenue.
Authorities hope the expanded payment system will further enhance convenience for visitors while reinforcing Thailand's reputation as a modern, technology-driven tourism destination.
As digital wallets continue replacing cash across Asia, the "Pay Like a Local" initiative marks another significant step towards creating a smoother, safer and more seamless travel experience for international tourists visiting the Kingdom.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

Thailand just made travelling easier. Scan, pay, and skip the cash exchange queues.

953d5eff80f9c3bfd46b98c408411b97ccb7a2a45af68bf13705f9611a7c266e

Thailand Rolls Out Cross-Border QR Payments, Letting Tourists ‘Pay Like A Local’

Eligible pickup truck and jeep owners under the BUDI MADANI programme can now receive up to 300 litres of subsidised fuel each month, but many users have been left wondering how the additional allocation appears in the Touch 'n Go (TNG) eWallet app.
The confusion stems from the app only displaying a shared 200-litre monthly quota for BUDI95 petrol and BUDI Diesel, despite the government's recent announcement that certain vehicle owners are entitled to an extra 100 litres.
TNG Digital has now clarified how the system works, explaining that the higher quota will automatically be reflected in the app once an eligible application has been approved.
Additional 100-Litre Quota Requires Approval
<img src="https://r2.myc.my/b316a30225450ad837913c78002012b3d49d9f8b69d53d79e2d2741108aaaa44" />
Under the BUDI MADANI programme, all eligible motorists begin with a shared monthly allocation of 200 litres, which can be used flexibly for subsidised RON95 petrol, diesel, or a combination of both.
Owners of eligible private pickup trucks and jeeps who require more fuel for work-related purposes, such as small businesses, agriculture or rural commuting, can apply for an additional 100 litres, bringing their total monthly entitlement to 300 litres.
Applications for the extra allocation must be submitted through the official BUDI MADANI portal using MyDigital ID. Once approved, the updated entitlement will automatically appear in the user's TNG eWallet without requiring any additional action.
How the 300-Litre Quota Works
<img src="https://r2.myc.my/1649abd9b4d605284cc8fc3884a9862024b1bdb6e085ccc1a00fec412018d412" />
Although the app only displays a single combined fuel quota, TNG Digital explained that the government's implementation is expected to function as intended.
Eligible users will first consume the standard 200-litre shared allocation across BUDI95 petrol and BUDI Diesel. Once this has been exhausted, the remaining 100 litres can only be used for subsidised diesel purchases.
Rather than separating the allocations into different balances, the app simply updates the total available monthly quota to 300 litres, making it easier for users to manage their entitlement through one interface.
Subsidised Diesel Now Available Nationwide Through TNG eWallet
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://r2.myc.my/5c41efff6329c7beadd36c0694b3f1ce630feb5a1ada1a69e77e09f07cf767ea" />
The BUDI Diesel programme officially came into effect nationwide on 1 July 2026, replacing the previous subsidy mechanisms with a single system covering Peninsular Malaysia, Sabah, Sarawak and Labuan.
Instead of receiving monthly cash assistance, eligible motorists now enjoy the subsidy instantly at the pump, purchasing diesel at RM2.10 per litre.
Eligibility is verified digitally through TNG eWallet or via a physical MyKad, allowing motorists to access subsidised fuel without waiting for reimbursements.
Who Is Eligible?
To qualify for BUDI Diesel, applicants must:
<ul>
<li>Be a Malaysian citizen.</li>
<li>Hold a valid driving licence.</li>
<li>Own a privately registered diesel vehicle.</li>
<li>Have an active road tax registered under their own name.</li>
</ul>
Eligible vehicle categories include:
<ul>
<li>Individual private motor vehicles (Class AB)</li>
<li>Private cars other than individual motor vehicles (Class AD)</li>
<li>OKU private vehicles (Class IA)</li>
<li>Individual e-hailing vehicles (Class AH)</li>
</ul>
Those who were previously enrolled under the BUDI Diesel Individu cash assistance scheme have already been automatically migrated to the new nationwide system and do not need to submit another application.
How to Refuel Using TNG eWallet
&nbsp;<img src="https://r2.myc.my/c42bbdc1f82cf56aa1ae76fa2d94e4b36e03fc534a7f45e35da21382544fbb8f" />
Using subsidised fuel through TNG eWallet remains straightforward.
Before refuelling, users should complete the app's eKYC verification, which links their identity and enables the BUDI MADANI feature.
At participating petrol stations, users simply:
<ol>
<li>Open the BUDI MADANI feature in TNG eWallet.</li>
<li>Select diesel or RON95.</li>
<li>Choose the petrol station and enter the pump number.</li>
<li>Input the desired purchase amount and complete payment.</li>
<li>Present the generated QR code to the cashier, or use Setel at participating PETRONAS stations for a fully digital experience.</li>
</ol>
If the amount pumped is lower than the prepaid value, any unused balance is automatically refunded to the user's TNG eWallet.
Motorists who prefer not to use the app can still verify their eligibility using their physical MyKad at participating stations or selected outdoor payment terminals.
One Shared Quota for Greater Flexibility
One of the key features of the updated subsidy system is the shared monthly entitlement between BUDI95 and BUDI Diesel.
Eligible users can choose how they utilise their allocation depending on their needs, whether that means using all 200 litres for diesel, all for RON95, or splitting the quota between both fuel types.
For approved pickup truck and jeep owners, the additional 100 litres provides greater flexibility for those who rely on diesel-powered vehicles for work, while still keeping the subsidy integrated within a single digital platform.
With the latest clarification from TNG Digital, eligible motorists can now better understand how the increased quota will appear in the app, ensuring a smoother refuelling experience as Malaysia continues its nationwide rollout of the targeted fuel subsidy programme.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

Your TNG eWallet quota will automatically update to 300 litres once your additional BUDI Diesel allocation is approved.

e1b6eb63dac9df5ddf8f225b4a920c4cb11767a2f22144bed8c9e66bab13eb45

TNG eWallet Clarifies How The 300-Litre BUDI Diesel Quota Works For Eligible Drivers

Egypt came within minutes of creating one of the biggest upsets of the 2026 FIFA World Cup, only to see their two-goal advantage disappear as defending champions Argentina completed a dramatic 3-2 comeback in their round-of-16 clash in Atlanta.
The Pharaohs looked on course for a historic victory after taking a 2-0 lead against the reigning world champions. Yasser Ibrahim opened the scoring with a powerful header from a well-worked corner before Mostafa Ziko doubled Egypt&rsquo;s advantage in the second half.
<img src="https://r2.myc.my/becf1e69f1cdd84bd22e7750ce15f71643db4ef45728cd4729b6ea5b2104f476" />
However, Argentina&rsquo;s experience and individual brilliance eventually proved decisive. Cristian Romero pulled one back in the 79th minute before Lionel Messi levelled the match just four minutes later. Enzo Fern&aacute;ndez completed the turnaround in stoppage time, heading home the winning goal to send Argentina into the quarter-finals.
For Egypt, the defeat was heartbreaking, especially after producing one of their strongest World Cup performances in history. The team had controlled large parts of the match, disrupted Argentina&rsquo;s rhythm and exposed weaknesses in the defending champions&rsquo; defence before Messi inspired another famous comeback.
Despite the result, Egypt&rsquo;s tournament marked a historic achievement. For the first time in their World Cup history, they won a match, progressed beyond the group stage and reached the knockout rounds.
Controversy Surrounds Argentina&rsquo;s Comeback Victory
<img src="https://r2.myc.my/6c4aac4d4aea7479f37842197cde89b224ee7fac26475253d90ecd8a44c0a921" />
While Argentina&rsquo;s comeback will be remembered as another iconic moment in Lionel Messi&rsquo;s career, the match was overshadowed by heated debate over several refereeing decisions.
Egypt&rsquo;s players and coaching staff were left furious after a second goal from Mostafa Ziko was initially awarded but later overturned following a VAR review.
The goal came after a brilliant counter-attacking move, with Mohamed Salah creating space before Ziko finished confidently past Argentina goalkeeper Emiliano Mart&iacute;nez. However, VAR intervened to review an earlier incident in the build-up, ruling that Marwan Attia had committed a foul on an Argentine player before the attack developed.
<blockquote class="twitter-tweet" data-media-max-width="560">
The foul that led to Egypt disallowed goal 👇 <a href="https://t.co/wyoRj5wcfk">pic.twitter.com/wyoRj5wcfk</a>
&mdash; 🇬🇭🇳🇬🇪🇹🇰🇪 viruS (@Ghanaviruz) <a href="https://x.com/Ghanaviruz/status/2074573016927813914?ref_src=twsrc%5Etfw">July 7, 2026</a></blockquote>

<script async="" src="https://platform.x.com/widgets.js" charset="utf-8"></script>

The decision proved controversial because the incident occurred well before the final shot, leading some pundits and fans to question whether VAR should have intervened at that stage of the play.
Had the goal stood, Egypt would have held a 2-0 advantage and potentially changed the entire direction of the match.
Football journalists and supporters debated whether the use of VAR was consistent with how similar situations had been handled throughout the tournament. Some argued that the decision followed the rules, while others felt the technology had gone too far by reviewing an incident that was not directly involved in the final scoring action.
Egypt Questions Referee Decisions As Tensions Escalate
<img src="https://r2.myc.my/91d6a81c3deb2feb332deaeef72e4c7ecaeb65479a2093f20a14ef35012c678c" />
Egypt manager Hossam Hassan openly criticised French referee Fran&ccedil;ois Letexier after the final whistle, saying his team had been treated unfairly and had &ldquo;suffered an injustice&rdquo;.
The Egyptian side had also appealed for a penalty late in the match after claiming Mohamed Salah was fouled inside the box shortly before Enzo Fern&aacute;ndez scored Argentina&rsquo;s winner. However, VAR did not ask Letexier to review the incident, increasing frustration among Egypt&rsquo;s players and staff.
Hassan revealed that Egypt had concerns about Letexier&rsquo;s appointment before the match and questioned several decisions made during the game.
&ldquo;We looked better compared to the reigning champions. We were better in everything, but the result was influenced by factors inside and outside the pitch,&rdquo; Hassan said.
The manager was shown a yellow card during extra time after confronting the referee over the decision not to review the penalty appeal. One member of Egypt&rsquo;s coaching staff was also shown a red card during the heated closing stages.
By the end of the match, Egypt had received five yellow cards, while Argentina finished without receiving any. Forward Mostafa Ziko also expressed his disappointment, saying the match changed after Egypt went 2-0 ahead.
&ldquo;After we made it 2-0, everything went against us. I don&rsquo;t know why the second goal was disallowed,&rdquo; Ziko said.
Fans Question FIFA Decisions As Argentina Controversies Continue
&nbsp;<img src="https://r2.myc.my/274931feff3050273e946e5ee78d5beb8b20eea6626a5a0d089eb61efab6cd3b" />
The refereeing controversy quickly spread online, with some fans accusing FIFA of favouring Argentina and wanting Lionel Messi to remain in the tournament.
Social media discussions intensified after Argentina completed their comeback moments after Egypt&rsquo;s disallowed goal, with some supporters claiming the decision had changed the outcome of the match.
However, there has been no evidence proving that the tournament or refereeing decisions were manipulated in Argentina&rsquo;s favour. The controversy has instead fuelled wider debates about VAR consistency and officiating standards throughout the 2026 World Cup.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://r2.myc.my/245579c662c63cec96fa23984527742da09009b05250f82df6c8b2b3275d3218" />
The tournament had already faced criticism over refereeing decisions earlier in the competition, including the controversy surrounding United States forward Folarin Balogun&rsquo;s red card against Bosnia and Herzegovina.
Balogun was initially suspended after receiving a red card following a VAR review, but FIFA later reduced the punishment, allowing him to feature against Belgium. The decision attracted attention after United States President Donald Trump publicly questioned the original decision and reportedly contacted FIFA president Gianni Infantino regarding the suspension.
Although FIFA later defended referee Raphael Claus, calling him an experienced and respected official, the incident added further discussion about the influence surrounding major refereeing decisions.
All-Argentine Refereeing Team For France vs Morocco Adds More Debate
<img src="https://r2.myc.my/1b0ed92153f4ef5133d2882264b36334bf3d5ad2f76c17f369d0b3613b6559a3" />&nbsp;
Further questions emerged after FIFA announced that the upcoming quarter-final between France and Morocco would be officiated by an entirely Argentine match official team.
The match will be led by referee Facundo Tello, alongside assistants Juan Pablo Belatti and Gabriel Chade. Fourth official Dario Herrera and reserve assistant referee Cristian Navarro complete the Argentine officiating team.
It marks the first time during the 2026 World Cup that all five appointed match officials for a match come from the same country.
The appointment attracted attention because Argentina remain active in the tournament, with fans questioning whether officials from the same nation as the defending champions should oversee such an important knockout match.
However, FIFA&rsquo;s decision was made before Argentina&rsquo;s controversial victory over Egypt, and the governing body has previously appointed refereeing teams from the same country during the tournament.
Facundo Tello also brings significant experience, having previously officiated Morocco&rsquo;s quarter-final victory over Portugal during the 2022 World Cup in Qatar.
Egypt Leaves The World Cup With Pride Despite Heartbreak
&nbsp;<img src="https://r2.myc.my/c5dcbddbdd0d7199cee220cf3d341546edbf8f9bfd8614c290bd24e1947e4f7e" />
Despite the controversy, Egypt&rsquo;s World Cup campaign will go down as a landmark moment for the nation.
Supporters in Cairo gathered to watch the match, with emotions shifting from heartbreak to pride after seeing their team compete against one of the world&rsquo;s strongest football nations.
For decades, Egypt&rsquo;s World Cup appearances were defined by early exits and missed opportunities. This time, the team broke new ground by reaching the knockout stages and pushing the reigning champions to their limit.
Egypt&rsquo;s performance also earned praise beyond their own borders, with supporters across the region celebrating the team&rsquo;s historic run.
Although Argentina advanced, Egypt showed the world that the champions were vulnerable &mdash; and that even the greatest teams can be pushed to the edge.
Argentina&rsquo;s World Cup defence continues, but their narrow escape against Egypt has raised fresh questions about their performances, the role of refereeing decisions, and the growing debate surrounding fairness at football&rsquo;s biggest tournament.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

An absolute cinema of a football match! Argentina’s comeback delivered drama, but key refereeing decisions have sparked controversy.

1bc08a6879a32a8c350bd66856ad46027a051bcdfeb8ad5a20857f8a91906726

Egypt’s World Cup Dream Ends After Argentina Comeback Amid VAR Controversy

After a three-year wait, K-pop powerhouse MAMAMOO is officially returning to Malaysia as part of their 2026 WORLD TOUR [4WARD].
The beloved quartet will perform at Unifi Arena (formerly Axiata Arena) in Kuala Lumpur on 10 October 2026, marking their first full-group concert in Malaysia since their successful MY CON tour in 2023.
The Kuala Lumpur stop was announced as an additional date on the group's ongoing world tour, with more information regarding ticket prices and sales expected to be revealed by concert organiser CK Star Entertainment soon.
Who Is MAMAMOO?
&nbsp;<img src="https://r2.myc.my/0977cfb0a5c3cbddd310a891496c010af162354b6c2818cfc760e9340828cc07" />
Debuting in 2014 under RBW Entertainment, MAMAMOO consists of Solar, Moonbyul, Wheein and Hwasa. The group has built a reputation as one of K-pop's strongest vocal acts, earning praise for their live performances, powerful harmonies and charismatic stage presence.
<iframe src="https://www.youtube.com/embed/QwjWP2Tnsjk" width="560" height="314" allowfullscreen="allowfullscreen"></iframe>
MAMAMOO first caught the public's attention with songs such as Mr. Ambiguous and Piano Man, before breaking into the mainstream with hits including Um Oh Ah Yeh, You're The Best, D&eacute;calcomanie, Starry Night, Egotistic, HIP, gogobebe and AYA.
Over the years, the quartet has received numerous accolades, including Mnet Asian Music Awards (MAMA), Golden Disc Awards, Seoul Music Awards, Gaon Chart Music Awards and Melon Music Awards, cementing their status as one of South Korea's most respected girl groups.
While each member has enjoyed successful solo careers in recent years, MAMAMOO's reunion for the 4WARD tour marks an exciting new chapter for both the group and their fans.
About The &lsquo;4WARD&rsquo; World Tour
<img src="https://r2.myc.my/5029d20e052e1102f48a8c5f852cb17104d855ec5868433282b363b7fb540bda" />
The title 4WARD combines the number "4", representing the group's four members, with the word "forward", symbolising their decision to reunite and move ahead together after establishing themselves as successful solo artistes.
The world tour celebrates MAMAMOO's remarkable 12-year musical journey, featuring a career-spanning setlist alongside new music from their latest chapter.
The tour has already demonstrated the group's enduring popularity, with concerts in Seoul, Kaohsiung and Macau selling out rapidly.
Beyond Asia, MAMAMOO will also perform across several cities in North America, including New York, Chicago and Los Angeles.
The Asia leg of the tour includes:
<ul>
<li>Macau &ndash; 18 July 2026</li>
<li>Singapore &ndash; 31 July 2026</li>
<li>Manila &ndash; 8 August 2026</li>
<li>Jakarta &ndash; 19 September 2026</li>
<li>Hong Kong &ndash; 4 October 2026</li>
<li>Kuala Lumpur &ndash; 10 October 2026</li>
</ul>
Kuala Lumpur Concert Details
<img src="https://r2.myc.my/894a1494f9e4ab83431e1c00bdf504117e1a407891b003d9cc879c47d68a48c6" />
Malaysian MOOMOOs can catch MAMAMOO live on:
Date: 10 October 2026 (Saturday) Venue: Unifi Arena, Kuala Lumpur Organiser: CK Star Entertainment
At the time of writing, ticket prices and sales dates have yet to be announced.
Fans are encouraged to keep an eye on CK Star Entertainment's official social media channels for the latest updates.
Stream MAMAMOO's Latest Single 4 Flowers
&nbsp;<iframe src="https://www.youtube.com/embed/PVzSI9PpkXc" width="560" height="314" allowfullscreen="allowfullscreen"></iframe>
Ahead of the tour, MAMAMOO released their latest special single, 4 Flowers, marking the long-awaited reunion of all four members. The heartfelt track celebrates the group's 12-year journey together, with each "flower" symbolising Solar, Moonbyul, Wheein and Hwasa, while expressing their enduring friendship, growth and gratitude towards one another and their fans.
If you're getting ready for the concert, now's the perfect time to stream 4 Flowers on Spotify, along with some of MAMAMOO's biggest hits, including HIP, Starry Night, D&eacute;calcomanie, Egotistic, You're The Best, gogobebe and AYA.
<iframe style="border-radius: 12px;" src="https://open.spotify.com/embed/artist/0XATRDCYuuGhk0oE7C0o5G?utm_source=generator&amp;si=689aec2b061348b7" width="100%" height="352" frameborder="0" allowfullscreen="allowfullscreen" loading="lazy" data-testid="embed-iframe"></iframe>
Are You Ready For MAMAMOO's Return?
With another chance to witness their renowned vocals, energetic performances and undeniable chemistry live on stage, MAMAMOO's return is shaping up to be one of the biggest K-pop concerts in Malaysia this year.
If you've been waiting to see Solar, Moonbyul, Wheein and Hwasa perform together again, 10 October is a date you'll definitely want to keep free.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

After three years, MAMAMOO is finally returning to Malaysia!

12c911884df3cfb4de73c70cf3518819540e71224b5e11d90884c851d1d46c81

MAMAMOO Is Returning To Kuala Lumpur This October For Their ‘4WARD’ World Tour

Local fast-food chain Ahmad's Fried Chicken has officially rebranded as Ahmad's HotChicken, unveiling a refreshed identity alongside one of its boldest moves yet &ndash; the appointment of an "AI CEO" to help manage the business.
The announcement has quickly attracted attention online, with the company claiming to be among the first fast-food brands in Malaysia to integrate artificial intelligence into such a senior leadership role.
AI To Support Operations And Business Decisions
<iframe style="border: none; overflow: hidden;" src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fahmadshotchicken%2Fposts%2Fpfbid0332sMmaCE5gU3tVU3aHFd5ZwUhALC4Q77jE46M6wocr12hcVpeJx5Eahjv6FVHX8al&amp;show_text=true&amp;width=500" width="500" height="562" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe>
According to Ahmad's HotChicken, the AI CEO will assist with day-to-day operations, marketing, data analysis and strategic decision-making, allowing the company to respond more quickly to market trends and customer needs.
The brand said artificial intelligence will help it make faster, data-driven decisions while enhancing the overall customer experience.
"AI technology enables us to work faster, make decisions based on data and continuously improve the customer experience. It is part of Ahmad's direction to build the fast-food brand of the future," the company said.
While the announcement refers to an "AI CEO", the company has not disclosed exactly which AI system is being used or how much authority it has within the organisation.
Based on the company's statement, the AI appears to function more as a digital executive assistant or decision-support system rather than replacing a human chief executive entirely.
At the time of writing, Ahmad's HotChicken has yet to provide further technical details on how the AI will operate.
More Than Just A Name Change
<img src="https://r2.myc.my/fbdc91966940ed1fe8279fe04c9da09d1c7ed4bb933275264210c2bd2f54c0cb" />
The rebranding goes beyond a new logo and name.
Ahmad's says it has rebuilt the brand from the ground up, refreshing its menu, recipes, customer experience and overall identity to create what it describes as a more modern and distinctive spicy fried chicken brand.
One of the biggest additions is its new "5 Levels of Heat" system, allowing customers to customise the spiciness of their meals. The heat scale ranges from Scaredy Cat for those who prefer no spice, followed by Low Key, Mid, Nocap Hot, and finally Reaper, which uses the famously fiery Carolina Reaper chilli.
The chain said the idea is to let customers choose a spice level that best suits their own tolerance rather than offering a one-size-fits-all experience. Alongside its fried chicken, Ahmad's HotChicken has also introduced new menu items, including Signature Mac &amp; Cheese, made with three types of cheese and topped with crispy beef bacon.
Some customers have also noticed that several promotional visuals and menu graphics appear to have been generated using AI, although the company has not officially confirmed this.
More Than 40 Outlets Across Malaysia
<img src="https://r2.myc.my/648c43a281ba57c442b4355c97a3e01c0b2f52aa58c9465e11b632de94751a76" />
The rebranded chain currently operates more than 40 outlets across Peninsular Malaysia as well as Sabah and Sarawak.
The company also has ambitions to continue expanding both locally and internationally as part of its long-term growth strategy.
AI In The CEO's Office Is Still Rare
Although artificial intelligence is becoming increasingly common in customer service and business operations, appointing an AI to a leadership role remains highly unusual.
One of the best-known examples is Dictador Europe, a Polish spirits company that introduced an AI-powered robot named Mika as its CEO in 2023.
Meanwhile, Hong Kong-based gaming and education technology company NetDragon Websoft appointed an AI-powered virtual executive called Tang Yu to oversee organisational management, workflow automation and data-driven business processes.
Whether Ahmad's HotChicken's AI CEO will have a similarly significant role remains to be seen, but the move highlights how Malaysian businesses are beginning to experiment with artificial intelligence beyond traditional customer-facing applications.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

New name, new identity, and an AI-powered “CEO”? Is this the future of the F&B industry? 

fb45bee9eb71fc1c8532d8b08e46c365b92f76256bc8397ba3f4a6c0c619be9f

Ahmad's Fried Chicken Rebrands As Ahmad's HotChicken, Introduces AI-Powered "CEO" To Help Run Business

Malaysia's crackdown on the misuse of subsidised fuel has resulted in one of its first successful prosecutions under stricter enforcement rules, after a Singaporean driver was fined RM20,000 for illegally purchasing RON95 petrol in Johor.
The case serves as a reminder that while Malaysia's subsidised RON95 fuel is significantly cheaper than premium petrol, it is reserved exclusively for eligible Malaysian motorists and cannot be purchased by foreign-registered vehicles.
Singaporean Driver Pleads Guilty
&nbsp;<img src="https://r2.myc.my/816c0128f8387d17fbab56b4ecb68ea1822fb44208461df92c2845a367077543" />
The man, who is in his 50s, pleaded guilty at the Johor Bahru Sessions Court after being caught filling his Singapore-registered Honda Civic with subsidised RON95 petrol at a petrol station on 9 April.
The offence was uncovered during Op Tiris 4.0, an enforcement operation carried out by officers from the Ministry of Domestic Trade and Cost of Living (KPDN).
Sessions Court Judge Datuk Che Wan Zaidi Che Wan Ibrahim sentenced him to a RM20,000 fine, with an additional three-month jail term if he failed to pay. According to local reports, the driver settled the fine on the very same day.
Why Foreign Vehicles Cannot Buy RON95
<img src="https://r2.myc.my/a14f673653dfc027a26aa21093d5dbdfb4fbd3e0a8be0a769e3f1a557d07e800" />
Malaysia has prohibited foreign-registered vehicles from purchasing subsidised RON95 petrol since 2010.
The subsidy exists to ensure Malaysian taxpayers benefit from government-funded fuel assistance, with eligible Malaysians currently paying RM1.99 per litre for RON95.
Drivers of foreign-registered vehicles are instead required to purchase RON97, which is sold at market prices.
While the restriction has existed for years, enforcement has become significantly stricter since 1 April 2026.
Previously, legal action was primarily taken against petrol station operators found selling subsidised fuel to foreign vehicles. However, under the revised enforcement measures, authorities can now prosecute both petrol station operators and the owners or drivers of foreign-registered vehicles.
This Johor case is believed to be among the first prosecutions under the tougher approach.
Authorities: Subsidies Must Reach The Right People
&nbsp;<img src="https://r2.myc.my/3c7e3a6b0c6c09110bf80bb66cd6e19e8d6c4a585bb42fd5bf28561ee4b19d43" />
Johor KPDN director Lilis Saslinda Pornomo said the successful prosecution demonstrates the government's continued commitment to preventing the misuse of controlled goods.
She explained that enforcing the regulations helps protect consumer interests while ensuring Malaysia's subsidised fuel remains available for those it is intended to benefit.
Authorities also reminded the public that purchasing subsidised fuel using a foreign-registered vehicle is an offence under the Control of Supplies Act 1961.
Under the law, first-time offenders can face fines of up to RM1 million, imprisonment of up to three years, or both. Repeat offenders face even harsher penalties, including fines of up to RM3 million and jail terms of up to five years.
Companies or petrol stations found supplying subsidised fuel illegally may also face fines reaching RM2 million, increasing to RM5 million for repeat offences.
A Costly Attempt To Save On Fuel
&nbsp;<img src="https://r2.myc.my/3199f97008424903f1313149810d2f8c4e90a4037fec6357c5f289f9deef9e67" />
Authorities did not reveal how much fuel the driver purchased.
However, the RM20,000 penalty far outweighs any potential savings he could have made by choosing subsidised RON95 instead of RON97.
At the current price of RM4.00 per litre for RON97 in Malaysia, the fine is equivalent to around 5,000 litres of premium petrol &mdash; enough to fill a typical 50-litre passenger vehicle approximately 100 times.
The case highlights just how seriously Malaysian authorities are now treating attempts to misuse the country's fuel subsidy programme.
Malaysia Vs Singapore Fuel Prices
&nbsp;<img src="https://r2.myc.my/42efe1111ab9d55f646d8dbde77dd6b2bc9bb345fdab57ae406d36695e3b1b7c" />
The incident also highlights the significant difference in fuel prices between Malaysia and Singapore.
In Malaysia, eligible motorists currently pay RM1.99 per litre for subsidised RON95, while RON97 costs RM4.00 per litre. Eligible BUDI Diesel recipients are also able to purchase subsidised diesel at RM2.10 per litre.
In comparison, fuel prices in Singapore are considerably higher due to the absence of fuel subsidies, higher taxes and market-based pricing. Based on current pump prices, petrol in Singapore costs approximately RM9.30 to RM11.30 per litre, depending on the fuel grade and retailer, while diesel is priced at roughly RM9.00 to RM9.70 per litre.
The sizeable price gap has long made Malaysia an attractive destination for motorists crossing the border to refuel. However, Malaysian authorities have reiterated that subsidised RON95 is reserved exclusively for eligible Malaysian motorists, with stricter enforcement now targeting both petrol station operators and foreign drivers who attempt to misuse the subsidy.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

A cheaper tank of petrol turned into a RM20,000 lesson for one Singaporean driver.

9b26b5ac6ca8fe4e1df65ddf98e0e08928b90e936ec3b3e8f39d9303b45f8cf5

Singaporean Driver Fined RM20,000 After Illegally Filling Up With Subsidised RON95 Petrol In Johor

The removal of the RM1 interbank ATM withdrawal fee has been welcomed by many Malaysians, but it has also caused some confusion after several people reported they were still being charged despite the new policy taking effect on 1 July.
Communications Minister Datuk Fahmi Fadzil has now clarified that the fee waiver does not apply to every ATM in the country. Instead, it only covers ATMs and Smart Recycler Machines (SRMs) that are owned and operated by banks participating in the shared ATM network.
If you are withdrawing cash from one bank's ATM using another bank's debit card, you should no longer be charged the RM1 fee&mdash;provided the machine belongs to a participating bank.
Why Are Some ATMs Still Charging RM1?
&nbsp;<img src="https://r2.myc.my/86700a47d538309688d3f955449b53cc4bd27531ed308f2b4e261269e3d19df7" />
According to Fahmi, around 84% of the country's approximately 16,000 ATMs are owned by banks and are covered under the new fee exemption.
The remaining 16% are operated by independent, non-bank companies, which continue to charge the RM1 withdrawal fee as part of their own commercial business model.
These privately operated ATMs are not included in the industry-wide initiative announced by Malaysia's banking sector and therefore remain free to impose the transaction fee.
Fahmi explained that these machines generally operate under separate commercial agreements that differ from those governing the country's banking network.
How To Tell Whether An ATM Is Covered
&nbsp;<img src="https://r2.myc.my/2ea857ae9c563287f17ce6c0b2935b63fdb777c3fe4318a9b1764d245cf237bb" />
If you're unsure whether you'll be charged, Fahmi says there's a simple way to tell.
Bank-operated ATMs usually display a prominent bank logo, making them easy to identify.
Meanwhile, independently operated ATMs typically do not carry the branding of a single bank and are instead managed by third-party operators.
As a result, customers using these privately operated machines should still expect the RM1 interbank withdrawal fee to apply.
What Should You Do If You're Still Charged At A Bank ATM?
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://r2.myc.my/e83794adaf66b3dd3facf270cccff947fb2515bb7086bfe2e1d529dfcb621b2d" />
If you are charged the RM1 fee while withdrawing cash from a bank-owned ATM, Fahmi urged consumers to report the matter to Bank Negara Malaysia (BNM).
According to him, the central bank will investigate whether the charge resulted from a technical issue, an operational error or non-compliance with the new directive by the financial institution involved.
Consumers are also encouraged to keep their transaction receipts or bank statements showing the deduction, as these can help speed up the investigation process.
Bank Negara has been tasked with ensuring banks comply with the new fee waiver and protecting consumers from being wrongly charged.
More Than 14,000 Bank ATMs Now Offer Free Interbank Withdrawals
&nbsp;<img src="https://r2.myc.my/ab7072e1482e0eee0b9fbeebe27df6cb7d66f17dd8b4ea933c9ef215d20d055d" />
The fee waiver, which came into effect on 1 July, was introduced through a joint initiative by the Association of Banks in Malaysia (ABM), the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), the Association of Development Finance Institutions Malaysia (ADFIM) and Payments Network Malaysia (PayNet).
Under the initiative, debit cardholders can now make unlimited interbank cash withdrawals at more than 14,000 bank-operated ATMs and Smart Recycler Machines (SRMs) nationwide without paying the RM1 fee.
The move is aimed at making cash withdrawals more convenient and affordable by allowing customers to use participating ATMs regardless of which bank issued their debit card.
Social Media Confusion Prompted The Clarification
<blockquote id="ig-tp-DaO3PyZk_P1" class="text-post-media" style="background: #FFF; border-radius: 16px; max-width: 650px; margin: 1px; min-width: 270px; padding: 0; width: calc(100% - 2px); border: 1px solid #00000026;" data-text-post-permalink="https://www.threads.com/@tiga_izz/post/DaO3PyZk_P1" data-text-post-version="0">
<div style="padding: 40px; display: flex; flex-direction: column; align-items: center;">
<div style="display: block; height: 32px; width: 32px; padding-bottom: 20px;">&nbsp;</div>
<div style="font-size: 15px; line-height: 21px; color: #000000; font-weight: 600;">View on Threads</div>
</div>
</blockquote>

<script async="" src="https://www.threads.com/embed.js"></script>

Fahmi's clarification came after social media users questioned why they were still being charged RM1 despite the policy taking effect.
Some posts showing transaction receipts quickly gained traction online, leading many to believe the fee waiver had not been properly implemented.
However, other users soon pointed out that many of the transactions had likely been carried out at independently operated ATMs, which are not covered under the exemption.
To avoid confusion, Fahmi reminded Malaysians to look for the bank logo before making an interbank cash withdrawal. If the ATM belongs to a bank, the RM1 fee should no longer apply. If it does and you are still charged, consumers are advised to report the incident directly to Bank Negara for further action.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

The RM1 interbank ATM withdrawal fee has been abolished at bank-operated machines, but some ATMs will still continue charging it.

0b2e45164a4774b303c5e1cbf7bca65751f2d58c518230b954a88537386f195a

Still Being Charged RM1 At The ATM? Here's Why It Happens And When You Should Report It

Malaysia's controversial yet highly successful Rain Rave Water Music Festival 2026 generated an estimated RM392.33 million in economic returns, according to Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.
Speaking during Minister's Question Time in the Dewan Rakyat, Tiong said the festival demonstrated the effectiveness of event-based tourism in driving visitor spending, economic activity and international exposure under the Visit Malaysia 2026 (VM2026) campaign.
Held from 30 April to 2 May, the festival attracted approximately 415,000 visitors across Kuala Lumpur and six other locations nationwide, making it one of the country's largest tourism events this year.
Kuala Lumpur Led The Economic Impact
<img src="https://r2.myc.my/30096ea859ee33c1020be7a4f137f1b99e22fb92150820d38528526ec276dd68" />
The flagship Rain Rave event in Bukit Bintang attracted around 250,000 visitors, comprising approximately 150,000 domestic tourists and 100,000 international visitors from countries including China, Japan, India, South Korea, Thailand, Singapore, Indonesia and Vietnam.
According to Tiong, the Kuala Lumpur edition alone generated an estimated RM320.43 million in economic returns.
Meanwhile, companion events held in Terengganu, Melaka, Negeri Sembilan, Johor, Labuan and Langkawi attracted a further 165,000 visitors and contributed an estimated RM71.9 million.
Combined, the nationwide festival generated RM392.33 million in economic impact, with estimates calculated using Tourism Malaysia's Departing Visitors Survey (DVS) methodology, supported by data from the Department of Statistics Malaysia (DOSM).
RM36 Return For Every RM1 Spent
<img src="https://r2.myc.my/7aaf4d93aeee9ceb5e4ad8b599093f8a20f73af7686e6b352675fdfc95937118" />
Tiong revealed that the festival cost RM15 million to organise, with RM11 million funded by the government and RM4 million contributed by private-sector partners.
Based on the returns generated, every RM1 spent by the government delivered an estimated RM36 in economic value.
Although admission was free, Tiong said organisers could have generated substantial ticket revenue. Charging RM300 per ticket could have raised around RM75 million, while a RM200 ticket price could have generated approximately RM50 million.
However, the government chose to keep the event free as a gesture of appreciation to Malaysians in conjunction with Labour Day, while encouraging wider participation and promoting Visit Malaysia 2026.
Positive Impact On Businesses And Tourism Operators
&nbsp;<img src="https://r2.myc.my/f5c9897a61e938ef891bdc0fe654707b81aad14da17a202d37d70bbb297144cb" />
The festival also delivered significant benefits to businesses in the Bukit Bintang-KLCC area.
According to feedback from the BBKLCC Tourism Association, Lot 10 recorded a 40% increase in visitor traffic and a 45% rise in sales during the festival period. Sungei Wang Plaza also reported a 31.3% increase in visitors alongside stronger sales performance.
The food and beverage sector experienced a boost as well, with Pavilion Kuala Lumpur reporting an 11% increase in average sales and higher walk-in customer numbers.
A total of 63 food stalls and 15 craft booths participated in the festival, generating direct sales of RM388,690.
Tiong highlighted the experience of one food vendor from Kelantan who reportedly earned RM4,600 on the first day, RM6,200 on the second day and approximately RM10,000 on the third day of the festival &mdash; far exceeding the vendor's usual daily earnings back home.
The tourism sector also benefited, with around 80 hotels nationwide offering discounts of between 30% and 50% during the festival period. Many participating hotels reportedly recorded occupancy rates close to full capacity, particularly in Kuala Lumpur and Bukit Bintang.
International Publicity For Malaysia
<blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/reel/DXxKtzZz2V4/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14">
<div style="padding: 16px;">
<div style="display: flex; flex-direction: row; align-items: center;">
<div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;">&nbsp;</div>
<div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;">
<div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;">&nbsp;</div>
<div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;">&nbsp;</div>
</div>
</div>
<div style="padding: 19% 0;">&nbsp;</div>
<div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;">&nbsp;</div>
<div style="padding-top: 8px;">
<div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div>
</div>
<div style="padding: 12.5% 0;">&nbsp;</div>
<div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;">
<div>
<div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);">&nbsp;</div>
<div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;">&nbsp;</div>
<div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);">&nbsp;</div>
</div>
<div style="margin-left: 8px;">
<div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;">&nbsp;</div>
<div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);">&nbsp;</div>
</div>
<div style="margin-left: auto;">
<div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);">&nbsp;</div>
<div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);">&nbsp;</div>
<div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);">&nbsp;</div>
</div>
</div>
<div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;">
<div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;">&nbsp;</div>
<div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;">&nbsp;</div>
</div>
<p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/reel/DXxKtzZz2V4/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by rain.rave (@rainrave.my)</a>
</div>
</blockquote>
Beyond visitor spending, Rain Rave also generated considerable international exposure for Malaysia.
Tiong said 41 international media representatives attended the event, helping to promote both the festival and Visit Malaysia 2026 to overseas audiences.
The festival generated nearly 10,000 media reports and digital content pieces, creating an estimated publicity value of RM77.5 million.
On social media, the event recorded an estimated reach of 1.9 billion, alongside 25.1 million interactions and 25.3 million livestream and video-view engagements.
The minister described the festival as an important platform for showcasing Malaysia to the world while attracting new and repeat visitors.
Blending Global Entertainment With Local Culture
Despite facing criticism from some quarters before the event, Tiong defended the festival as an example of how international-standard entertainment can coexist with Malaysian cultural values.
Alongside modern performances and large-scale attractions, visitors were introduced to traditional music, cultural fashion showcases, heritage cuisine, traditional games and local artistic performances.
He said the approach allowed visitors to enjoy a world-class experience while learning more about Malaysia's culture and heritage.
Following the strong turnout and economic impact, Tiong said industry players and local businesses have expressed support for Rain Rave to become an annual international-scale event.
He described the festival as a strategic platform that strengthens event-based tourism, boosts visitor spending and raises Malaysia's profile on the global tourism stage ahead of Visit Malaysia 2026.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

From packed crowds to stronger retail sales, the nationwide event delivered a significant boost for businesses and tourism operators.

c0d0dfb1bb549a0c3177254926f212a68d174a65231bd1b35e98badd0ed05354

Rain Rave Water Music Festival Generates Nearly RM400 Million For Malaysia’s Economy, Says Tourism Minister

Malaysia&rsquo;s subsidised diesel price will be reduced to RM2.10 per litre nationwide from July 2026, as the government introduces a new MyKad-based subsidy mechanism aimed at ensuring fuel subsidies reach only eligible Malaysians.
The announcement was made by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim during an event in Bintulu, Sarawak. The move marks a major shift in how diesel subsidies are distributed across the country and is part of the government&rsquo;s broader subsidy rationalisation efforts.
<blockquote class="twitter-tweet">
Alhamdulillah di Bintulu tadi, saya telah umumkan harga diesel bersubsidi untuk rakyat Malaysia akan diturunkan kepada RM2.10 seliter bermula Julai ini. Penurunan harga diesel ini akan dilaksanakan secara seragam di seluruh negara melalui penggunaan MyKad. Tatkala dunia masih&hellip; <a href="https://t.co/yDDM9o6I8Z">pic.twitter.com/yDDM9o6I8Z</a>
&mdash; Anwar Ibrahim (@anwaribrahim) <a href="https://x.com/anwaribrahim/status/2068613690778419666?ref_src=twsrc%5Etfw">June 21, 2026</a></blockquote>

<script async="" src="https://platform.x.com/widgets.js" charset="utf-8"></script>

New MyKad-Based Subsidy Mechanism
<img src="https://r2.myc.my/cd76674a4d2c0468f1ab0b78d8f27749b42072d03a5ffdaf6300c6ce8f5dd0ed" />
According to the Ministry of Finance (MOF), the new system will operate similarly to the existing BUDI MADANI RON95 (BUDI95) programme, where eligible Malaysians can access subsidised fuel prices through MyKad verification.
Under the revised mechanism, Malaysians who qualify for the subsidy will be able to purchase diesel at RM2.10 per litre, while non-citizens and those who do not meet the eligibility requirements will have to pay the market rate.
The government said the reform is designed to create a uniform subsidy system nationwide while reducing leakages and the smuggling of subsidised diesel.
&ldquo;Diesel subsidies will be channelled directly to Malaysians through MyKad verification, while non-citizens and ineligible parties must purchase diesel at the unsubsidised price,&rdquo; the ministry said.
Standardising Diesel Prices Across Malaysia
&nbsp;<img src="https://r2.myc.my/514828cf062c260d416fdadc98ea5413917a832dba53017c9f96dcc65b10acf9" />
The announcement also introduces a significant change to the current diesel pricing structure between Peninsular Malaysia and East Malaysia.
At present, diesel prices in Peninsular Malaysia are floated weekly under the Automatic Pricing Mechanism (APM), while Sabah, Sarawak and Labuan continue to enjoy subsidised diesel priced at RM2.15 per litre.
Starting in July, the subsidised diesel price will be standardised nationwide at RM2.10 per litre for eligible Malaysians.
This means diesel vehicle owners in Sabah and Sarawak will see a reduction of five sen per litre from the current subsidised rate, while non-Malaysians in the region will no longer have access to subsidised diesel.
The government believes the nationwide implementation will ensure a fairer system where all eligible Malaysians enjoy the same price and purchasing mechanism regardless of where they live.
Tackling Leakages and Smuggling
&nbsp;<img src="https://r2.myc.my/e2ac37d9426973b758900feb7755deb604a8b86df4080477fb37544e42775cad" />
The Ministry of Finance said the reform comes at a crucial time, particularly as global oil supplies continue to face pressure due to ongoing tensions in the Middle East.
According to the ministry, the large gap between subsidised and market-priced diesel has created opportunities for abuse, including leakages and cross-border smuggling activities.
Currently, unsubsidised diesel in Peninsular Malaysia is priced at RM4.37 per litre, more than double the newly announced subsidised rate.
By requiring MyKad verification at the point of purchase, the government hopes to close loopholes and ensure public funds are channelled directly to Malaysians who are entitled to receive assistance.
Significant Savings For Diesel Vehicle Owners
<img src="https://r2.myc.my/9079371f8fa27d0bf45cece8c3ca0b04ad16afd9d511847d97fb414451cbf621" />
The new rate is expected to provide substantial savings for diesel vehicle owners, particularly in Peninsular Malaysia.
Based on current fuel prices, eligible motorists could save more than RM2.20 per litre compared to the prevailing market rate of RM4.37 per litre.
The move is also expected to benefit many individuals currently receiving diesel-related assistance through existing programmes such as BUDI Diesel, which provides monthly aid to eligible diesel vehicle owners, farmers and smallholders.
According to previous government data, BUDI Diesel has benefited around 340,000 eligible recipients, while the Subsidised Diesel Control System (SKDS) serves more than 398,000 logistics and public transport vehicles through a fleet card system.
Here&rsquo;s the fuel prices in Malaysia for the week of 18th June to 24th June 2026:
<ul>
<li>RON95 (subsidised): RM1.99/L</li>
<li>RON95 (unsubsidised): RM3.72/L</li>
<li>RON97 (unsubsidised): RM4.35/L</li>
<li>Diesel (B10/B20) in Peninsular Malaysia: RM4.37/L</li>
<li>Diesel (B7) in Peninsular Malaysia: RM4.57/L</li>
<li>Diesel (B10/B20 subsidised) in Sabah, Sarawak and Labuan: RM2.15/L</li>
<li>Diesel (B7 subsidised) in Sabah, Sarawak and Labuan: RM2.35/L</li>
</ul>
More Details Expected Soon
Following the announcement, Anwar said the reduction reflects the government&rsquo;s commitment to ensuring that the benefits of economic reforms and national growth are returned to the rakyat.
He also reiterated that the subsidised RON95 petrol price of RM1.99 per litre will remain unchanged.
Further details on the implementation of the diesel subsidy programme, including eligibility requirements, purchasing procedures and any potential usage quotas, are expected to be announced by Finance Minister II Datuk Seri Amir Hamzah Azizan.
For now, Malaysians can expect a nationwide diesel subsidy system that promises lower fuel costs, greater transparency and a more targeted approach to government assistance beginning this July.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
FOMO much? Follow our&nbsp;<a style="color: #ff0000;" href="https://www.facebook.com/mycclub/">Facebook</a>&nbsp;and&nbsp;<a style="color: #ff0000;" href="https://www.instagram.com/myc_news/?hl=en">Instagram</a>&nbsp;for more updates.

Eligible diesel vehicle owners can expect cheaper fuel from July onwards.

Nearly 62% Of EPF Members Yet To Reach Basic Retirement Savings Target Despite Improvement

Despite improvements, many Malaysians still have a long way to go before reaching the recommended retirement savings target.

Latest News

Thailand Rolls Out Cross-Border QR Payments, Letting Tourists ‘Pay Like A Local’

TNG eWallet Clarifies How The 300-Litre BUDI Diesel Quota Works For Eligible Drivers

Egypt’s World Cup Dream Ends After Argentina Comeback Amid VAR Controversy

MAMAMOO Is Returning To Kuala Lumpur This October For Their ‘4WARD’ World Tour

Ahmad's Fried Chicken Rebrands As Ahmad's HotChicken, Introduces AI-Powered "CEO" To Help Run Business

Related Articles

Thailand Rolls Out Cross-Border QR Payments, Letting Tourists ‘Pay Like A Local’

Singaporean Driver Fined RM20,000 After Illegally Filling Up With Subsidised RON95 Petrol In Johor

Still Being Charged RM1 At The ATM? Here's Why It Happens And When You Should Report It

Rain Rave Water Music Festival Generates Nearly RM400 Million For Malaysia’s Economy, Says Tourism Minister

Subsidised Diesel Price To Drop To RM2.10 Per Litre Nationwide From July Under New MyKad System

Related Articles

Thailand Rolls Out Cross-Border QR Payments, Letting Tourists ‘Pay Like A Local’

Singaporean Driver Fined RM20,000 After Illegally Filling Up With Subsidised RON95 Petrol In Johor

Still Being Charged RM1 At The ATM? Here's Why It Happens And When You Should Report It

Rain Rave Water Music Festival Generates Nearly RM400 Million For Malaysia’s Economy, Says Tourism Minister

Subsidised Diesel Price To Drop To RM2.10 Per Litre Nationwide From July Under New MyKad System