Malaysia Money Matters Daily News Digest 23rd Sept 2025

In this episode, we unpack a landmark court ruling for Petronas, the rollout of Malaysia’s new targeted fuel subsidy scheme, major infrastructure and energy wins, and international trade tensions reshaping Southeast Asia’s economy.🏢 Malaysian Corporate & Market Headlines⚖️ Petronas Wins Big Against Shell MDSThe Court of Appeal orders Shell to pay Petronas up to RM80 million/month in overdue gas payments — dating back to August 2024.📉 Eurospan: Offer Deemed 'Not Fair or Reasonable'An independent adviser recommends shareholders reject the RM2.30/share MGO by Samuel.🔍 Auditor Shake-Up at HeiTech PaduAuditor Al Jafree Salihin Kuzaimi resigns following an SC audit board sanction — not tied to HeiTech’s books but reflects regulatory pressure.💼 Contract Wins & Strategic Deals* Kelington (KGB) bags RM108 mil Singapore project in advanced chip packaging* Solarvest & Brookfield to co-develop 1.5GW of renewable energy assets* Gamuda tipped for 40% earnings growth in FY2026 driven by strong pipeline* ITMAX secures RM51 mil smart city contract in Batu Pahat* CIMB x PingPong: New cross-border payment partnership* TM joins Meta, SoftBank in CANDLE submarine cable system (launching 2028)⛽ Government & Policy Updates💸 Fuel Subsidy Reform: Budi95 Launches Sept 30Targeted subsidy of up to 300 litres/month at RM1.99/litre for eligible Malaysians (16+ w/ valid licence).🚄 ECRL Update: 87% Complete, Challenges Remain* Cable theft in Pahang and the complex Bentong-Gombak section pose hurdles* Full completion still on track📈 Budget 2026: Semiconductors in FocusFinance Minister II signals major support for the chip sector:🌏 Regional & Global Watch🤝 RCEP Summit in Malaysia Next MonthAims to expand membership and upgrade the trade pact, reinforcing Asia’s multilateral cooperation amid rising protectionism.💥 Vietnam: $25B at Risk from US TariffsUN data shows Vietnam could lose up to 20% of its US exports📉 Diverging Markets: Gold Up, Crypto Down* Gold hits new record: US$3,700/oz on Fed rate cut bets* Crypto crashes: US$1.5 billion in bullish bets wiped out🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit mmoneymatters.substack.com