At 65, Sultan Ibrahim of Malaysia is known for his lavish lifestyle and philanthropy, backed by a family fortune estimated at $5.7 billion, as reported by Bloomberg.
Sultan Ibrahim of Johor state installed as Malaysia’s 17th king
In a ceremony at the national palace in Kuala Lumpur Malaysia Sultan Ibrahim from the southern state of Johor was formally installed as the country 17th king
Sentence halved for Malaysia’s ex-PM Najib, jailed in 1MDB scandal
Former Malaysian premier Najib Razak, who was convicted of graft over the multibillion-dollar 1MDB scandal, could be released by 2028 after his jail sentence was halved, prompting uproar from critics …
Malaysia’s new king has a $5.7B family fortune. Here’s how he spends his money.
“That relationship has to be elevated in the next few years for us to really present Malaysia and Singapore as a seamless market.” The scope of the king’s wealth matters, particularly when it comes to …
1MDB scandal: ex-PM Najib Razak’s 12-year prison sentence halved by Malaysia’s pardons board
Najib was jailed in 2022 after being convicted of corruption linked to the plunder of state fund 1MDB. The decision means he could now be eligible for release as early as next year.
Indonesia’s Manufacturing PMI Beats Other ASEAN Countries
Indonesia’s manufacturing purchasing managers’ index (PMI) is beating other ASEAN countries such as close neighbor Malaysia, according to business analytics firm S&P Global. As the name suggests, the …
More than 100 Myanmar migrants flee Malaysian detention centre, one dead
An undocumented migrant from Myanmar has died in a road accident while fleeing an immigration detention centre with over a hundred others in Malaysia late Thursday, officials said. The incident was the second reported breakout from a Malaysian detention centre in as many years.
Malaysia swears in new king who promises hands-on leadership and economic revival
Sultan Ibrahim Iskandar, a billionaire who reigns over Malaysia’s Johor state, has been sworn in as the nation’s new king in accordance with a rotating monarchy system.
Malaysian Tycoon Francis Yeoh’s YTL Power To Build $597 Million Hydrogen Power Plant In Singapore
YTL Power International—controlled by Malaysian tycoon Francis Yeoh—is spending S$800 million ($597 million) to build a hydrogen-ready power plant in Singapore.
HK actor Owen Cheung interested in buying a property in Malaysia
Adding onto the list is TVB actor Owen Cheung, who was recently in the country with fellow actress Katy Kung for work. According to Cheung, 36, he doesn’t mind living in Malaysia as he loves the …