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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Coke Fifa

A Malaysian tau fu fah seller has donated RM10,000 to former prime minister Datuk Seri Najib Razak&rsquo;s solidarity fund, describing the contribution as a personal way of repaying a favour he says he received more than a decade ago.
Sunnycoco, whose real name is Seow Chau Pen, said he decided to make the donation after seeing Najib seek to serve the remainder of his prison sentence under house arrest. He said the situation reminded him of his own experience of being allowed to return home early from restricted residence in 2012.
Sunnycoco Says Najib Helped Him Return Home In 2012
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In a Facebook statement, Seow recalled that he was placed under restricted residence in Manjung, Perak, in 2009 following what he described as a mistake he had made.
He said the period became one of the lowest points in his life and gave him time to reflect on his future. During that period, he hoped that he would eventually be given an opportunity to return home and care for his two elderly parents.
According to Seow, that opportunity came in 2012 when Najib, who was prime minister at the time, visited Manjung for an event.
With the help of a local penghulu, Seow said he submitted an appeal asking for his restricted residence to be ended early so that he could return home to look after his parents. He later received notification from the Ministry of Home Affairs that his restricted residence had been ended ahead of schedule.
&ldquo;For others, it may have been just a letter or a little assistance, but for me at the time, it was an opportunity to start a new life,&rdquo; he said in his statement.
The account of Najib's involvement is based on Seow's own recollection and has not been independently verified in the sources available.
He Started His Tau Fu Fah Business After Returning Home
<img src="https://r2.myc.my/5c524e523e342b80aebfccf37e3945fff309f900514c0a1cafdf1e067ae2c130" />
After returning home, Seow said he began selling tau fu fah and gradually built up his small business.
He said he never forgot the opportunity to reunite with his family and start over after what he described as one of the most difficult periods of his life. For Seow, the experience shaped his view of what a second chance meant. Years later, seeing Najib seek to return home to serve the remainder of his sentence prompted him to think back to his own experience.
&ldquo;When I needed help in the past, he helped me. Today, within my means, I also want to do something to repay that kindness,&rdquo; Seow said.
RM10,000 Represents 10,000 Bowls Of Tau Fu Fah
&nbsp;<img src="https://r2.myc.my/25f3f419403aa9929cac9ad64345d4b8c413677d52504d7077c803a5c4f68662" />
Seow acknowledged that RM10,000 was a significant amount for him, saying he was not a wealthy person and did not have a large amount of money to spare.
He explained that his business makes around RM1 in profit from each bowl of tau fu fah sold. That means his RM10,000 contribution is equivalent to the profit from approximately 10,000 bowls.
&ldquo;So, I will sell 10,000 bowls. Bowl by bowl, I will sell them and save the money little by little,&rdquo; he said.
The calculation has since become one of the most notable parts of his story, with Seow framing the contribution as something built up gradually through his business rather than as a large sum he could easily afford.
Seow Says The Donation Is Not About Politics
<img src="https://r2.myc.my/46007bc1dd6c784a47ccbfeff47a4216fe32215e6f7a3f5055f3f32881e6a3a3" />
Seow also stressed that his decision to donate was personal and should not be interpreted as a political statement.
He said he was not asking others to follow his decision, describing the RM10,000 as a personal debt of gratitude that he wanted to repay in his own way.
&ldquo;This is not because of politics, nor am I encouraging others to do the same,&rdquo; he said. &ldquo;This is simply a debt of gratitude that I want to repay in my own way.&rdquo;
His comments come as donations have been made towards a solidarity fund linked to Najib, following the former prime minister's conditional pardon and the RM50 million fine attached to the conditions of his house arrest arrangement.
The donation has also attracted discussion online, with reactions varying among social media users. Some questioned the decision to contribute, while others viewed Seow's account as a personal story about repaying someone who he believes gave him a second chance.
A Personal Story Behind The RM10,000 Donation
For Seow, however, the focus remains on the personal experience that shaped his decision.
More than a decade after he says he was given the opportunity to return home and rebuild his life, he now wants to return the favour through the means available to him.
What makes the contribution particularly significant to him is not simply the RM10,000 figure, but what it represents: 10,000 bowls of tau fu fah, earned one bowl and one ringgit at a time.
Seow said he had remembered the help he received during a difficult chapter of his life and wanted to show his gratitude after seeing Najib face a situation that reminded him of his own past.
UMNO&rsquo;s Najib Solidarity Fund Surpasses RM1 Million
Meanwhile, UMNO&rsquo;s Najib Razak Solidarity Fund has collected more than RM1 million, according to reports on 20 September. The fund was launched after Najib was granted a conditional pardon, with the RM50 million fine forming part of the conditions for him to serve the remainder of his sentence under house arrest.
The fund initially raised RM634,562 within its first three hours before surpassing the RM1 million mark less than a day after its launch.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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He says Najib gave him a second chance. Now, he’s giving back RM10,000 to repay that favour.

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Tau Fu Fah Seller Donates RM10,000 To Najib, Says It’s A Debt Of Gratitude

More families in Selangor may now qualify for the Baucar Kita Selangor (BKS) after the state government raised the household income eligibility threshold from RM5,000 to RM8,000 per month.
The latest expansion means households earning between RM5,001 and RM8,000 can now be considered for the financial assistance programme, widening access to support for families dealing with rising living costs and economic uncertainty.
Eligible recipients will receive RM100 per month for six months, giving a total value of RM600. The vouchers can be used for essential household needs, including food, healthcare and education.
Kita Selangor Voucher Eligibility Raised From RM5,000 To RM8,000
&nbsp;<img src="https://r2.myc.my/a629434523d313f67e558c3d577d5a371109f75703104ac2d3c2008042a406fe" />
The Selangor government announced the revised eligibility threshold on 21 September 2026.
State Executive Councillor for Women&rsquo;s Development and Social Welfare Anfaal Saari said the household income limit had been increased from RM5,000 to RM8,000 and below to allow more families to benefit from the programme.
The BKS was introduced as part of the Selangor Resilience Strengthening Package (Pakej Pengukuhan Daya Tahan Selangor), which was established to help residents cope with the impact of rising living costs and economic uncertainty linked to global supply and geopolitical crises.
The programme was initially rolled out in phases, with priority given to more vulnerable groups such as single mothers and heads of hardcore-poor households. Eligibility was subsequently expanded to households earning RM5,000 or less before the latest increase to RM8,000.
With the latest change, more middle- and lower-income households in Selangor can now apply for the assistance.
How Much Is The Kita Selangor Voucher Worth? 
<img src="https://r2.myc.my/ed722c6a9aa13f8a02a5eee2e12ff6a1dcbf72a733288ca0aed1da424083d935" />
Under the current programme, approved recipients receive RM100 each month for six consecutive months, bringing the total value of the assistance to RM600. The distribution is being carried out in phases until December 2026.
The voucher can be used towards several essential categories, including:
<ul>
<li>Food and groceries</li>
<li>Healthcare and medical needs</li>
<li>Education-related expenses</li>
</ul>
The official BKS portal states that unused balances can be carried forward to the following month, although the total assistance must be used by 31 December 2026. The vouchers are redeemed through the Selangkah app at participating merchants.
Who Is Eligible For Baucar Kita Selangor?
<img src="https://r2.myc.my/da871cdc6e3528d6b324a89b7cb503230e820544ef2c419778d29610c5fddc83" />
While the income threshold has been increased, applicants must still meet other eligibility requirements.
According to the latest announcement, applicants must:
<ul>
<li>Be a Malaysian citizen</li>
<li>Be a registered voter in Selangor</li>
<li>Reside in Selangor and have a residential address in the state</li>
<li>Have a monthly household income of RM8,000 or below</li>
<li>Be a married couple or single parent with at least one child aged 18 or below</li>
<li>Have only one recipient per household</li>
<li>Not be an active recipient of the Bantuan Kehidupan Sejahtera Selangor (BINGKAS) programme</li>
</ul>
The single-parent category also covers individuals who are single parents following divorce or the death of their spouse.
The official BKS terms also state that being registered for or actively receiving BINGKAS assistance makes an applicant ineligible for BKS.
Existing Applications Will Be Reassessed
For residents who have already applied, the latest changes could also affect the outcome of their applications.
Anfaal said applicants whose cases are still under review, those who were previously rejected, and those currently appealing will have their applications reassessed based on the new eligibility criteria.
This means households that previously exceeded the RM5,000 income threshold may now have another opportunity to qualify, provided they meet the other requirements.
How To Apply For The Kita Selangor Voucher
<img src="https://r2.myc.my/2d70f4275bd299bfff195a2ccc32d891f77e74361842d9a684a1db77e993bfcb" />
Eligible residents can submit their application through the SELangkah app, while the official Baucar Kita Selangor portal provides information on the programme, eligibility requirements and application status.
The official programme FAQ states that applications are open from 23 June 2026 until 31 December 2026, although applicants should apply as early as possible and ensure all required information and supporting documents are provided.
Official Baucar Kita Selangor portal: <a href="https://baucarkitaselangor.com/?utm_source=chatgpt.com">Baucar Kita Selangor</a>
RM131 Million Allocated For Kita Selangor Voucher
The Kita Selangor Voucher is one of the initiatives introduced under the state's broader resilience package.
The Selangor government has allocated RM355.06 million across the first and second phases of the Selangor Resilience Strengthening Package to address the effects of supply-related crises and economic uncertainty. Of this amount, RM145.8 million was allocated under Phase One, while RM209.26 million was allocated for 15 new initiatives under Phase Two.
A total of RM131 million has been allocated specifically for the Kita Selangor Voucher programme to help households manage the impact of economic uncertainty.
With the household income threshold now increased to RM8,000, the latest expansion is expected to bring the RM600 assistance to a wider group of families across Selangor.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Earning RM8,000 or less a month? You may now qualify for the RM600 Kita Selangor Voucher.

e0f3efc313cb09210a4636a5a20d580ebe2b292056458984bbf784ac88871121

Selangor Expands Kita Selangor Voucher Eligibility To Households Earning RM8,000 Or Below

New students entering public higher education institutions for the September/October 2026 intake will receive a one-off RM500 domestic flight ticket assistance to help cover the cost of travelling to their place of study.
Prime Minister Datuk Seri Anwar Ibrahim said the assistance will benefit 7,095 students who need to travel by air between Peninsular Malaysia, Sabah, Sarawak and Labuan to begin their studies.
The announcement was made during the national-level Malaysia Day 2026 celebration at the Borneo Convention Centre Kuching (BCCK) on 16 September.
RM500 Aid To Help With Travel Costs
<img src="https://r2.myc.my/a11020551750a9ef2cfe6d179c2115c0319402c9dc6f034d2bb58b2a4433bd71" />
The one-off assistance is intended to reduce the financial burden faced by students and their families, particularly those travelling long distances for their studies.
Eligible students include new entrants to public universities, polytechnics and community colleges for the September/October 2026 intake.
The assistance covers domestic journeys between Peninsular Malaysia, Sabah, Sarawak and Labuan. This means students who need to fly from one region to another to begin their studies can receive RM500 towards their initial travel costs.
Anwar said the matter had been discussed with Transport Minister Anthony Loke and Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir before the assistance was approved.
Students Welcome The Assistance
<img src="https://r2.myc.my/e641ea0a0d06ae1fbfd5efba0b3e65e4e18d700aa495257cb79af190786adff3" />
The announcement has been welcomed by students who face significant costs when moving to another part of Malaysia for university.
For students travelling from Sabah, Sarawak or Labuan to the peninsula, or vice versa, airfare can add considerably to the expenses of starting university.
Nur Shafeira Adrieana Mohd Faizrizey, a student from Labuan who will be studying at Universiti Putra Malaysia (UPM), said the assistance would help ease the financial pressure on her family.
Students at UiTM Kota Samarahan also welcomed the initiative, particularly those travelling from states such as Selangor and Johor.
For many new students, airfare is only one of several expenses involved in starting higher education. Accommodation, daily necessities, learning equipment and other initial costs can quickly add up.
One-Off Assistance For Initial Journey
<img src="https://r2.myc.my/3f2bbcb82a525fe715cf7f69fae792f89abbaf704ffd5c27445a05ae328cc80c" />
The RM500 payment is a one-off assistance, meaning it is intended to support students with their initial journey to their institution rather than cover their travel throughout their studies.
The measure focuses on helping students get to their new place of study at a time when families may face higher upfront expenses.
It also reflects the government's wider efforts to address cost-of-living pressures and provide support for Malaysians, particularly students and families facing higher travel costs.
Part Of Wider Malaysia Day Announcements
The flight assistance was announced alongside several other measures during the Malaysia Day celebration in Kuching. These included improvements to the BUDI Madani Diesel subsidy, as well as changes involving Sarawak's special grant.
Sarawak's interim special grant was increased to RM1.5 billion in 2026, up from RM600 million previously. The federal government also said discussions with Sabah and Sarawak would continue on developing a sustainable formula for the annual Special Grant.
The measures form part of broader efforts to ensure that opportunities and government resources reach Malaysians across different regions.
For the thousands of students preparing to begin their studies away from home, the RM500 domestic flight assistance provides some financial relief as they take the next step in their education.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Starting uni far from home? The government is offering RM500 in one-off domestic flight aid to 7,095 new students.

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New Public University Students To Get RM500 Domestic Flight Aid

A cryptocurrency hack has taken an unusual turn after an attacker stole around 4,000 Bitcoin worth approximately US$320 million from the Liquid Network, only to return most of the funds after the vulnerability behind the incident was patched.
The attacker, whose identity remains unknown, has been described by Liquid Network as a &ldquo;purported white-hat hacker&rdquo; &mdash; an ethical hacker who exploits security vulnerabilities to expose weaknesses rather than simply taking funds for personal gain.
While around 85% of the stolen Bitcoin has now been returned, roughly 598 BTC, worth about US$47 million, remains outstanding. The incident has also forced Liquid Network to pause activity while further security measures are put in place.
What Is Liquid Network?
&nbsp;<img src="https://r2.myc.my/9946993bb795285f9e9d336b1165664ebe7e79fd0112dc1d062f186edef2856f" />
Liquid Network is a Bitcoin sidechain developed by Blockstream and launched in 2018. It was designed to make Bitcoin transactions faster and more efficient, particularly for cryptocurrency exchanges and financial institutions that need to settle trades quickly.
The main Bitcoin blockchain can take time to confirm transactions, especially when the network is busy. Liquid works differently by allowing users to move Bitcoin into the network and receive an equivalent amount of Liquid Bitcoin (L-BTC), which can then be transferred more quickly.
The network is managed by the Liquid Federation, a group of more than 80 companies including cryptocurrency exchanges, infrastructure providers and other digital-asset businesses. Around 15 federation members operate the network&rsquo;s functionary nodes that play a key role in processing transactions.
How Did The Bitcoin Hack Happen?
<img src="https://r2.myc.my/e66b57c5de0ce94ec6b4360f9fc2277e91534d4df7557c282c4fba34f4e39ff2" />
The incident was not the result of a stolen password or compromised private key.
Instead, the attacker exploited a software vulnerability involving Elements, the open-source technology underpinning Liquid Network.
According to reports, the vulnerability allowed the attacker to generate around 4,000 L-BTC without first depositing the equivalent amount of real Bitcoin. The attacker then moved the newly created tokens through SideSwap, a legitimate platform used to convert L-BTC back into Bitcoin.
SideSwap processed the transaction as valid because it could not distinguish the artificially created L-BTC from legitimate tokens. The Liquid Federation subsequently released nearly 4,000 real BTC to the attacker.
Liquid said the transaction was authorised through its peg-out system and that the relevant cryptographic key itself had not been compromised. Other digital assets on the Liquid sidechain were not affected.
The Hacker Says They Are A &lsquo;White Hat&rsquo;
The story became even more unusual when the attacker began communicating with Liquid and Blockstream through messages recorded on the Bitcoin blockchain. The hacker reportedly told the network&rsquo;s maintainers to fix the vulnerability first and patch every affected node, promising to return the Bitcoin once the system had been secured.
That led to the attacker being described as a possible white-hat hacker. In cybersecurity, white-hat hackers may deliberately exploit vulnerabilities to demonstrate that a system can be breached, sometimes returning stolen assets after a fix or receiving a bounty for identifying the flaw.
However, the label remains unconfirmed, and the hacker&rsquo;s identity and motivations have not been established.
Around 3,400 Bitcoin Returned
<blockquote class="twitter-tweet">
Update: 3,400 BTC of the roughly 4,000 BTC withdrawn on September 6 has been returned to the <a href="https://x.com/Liquid_BTC?ref_src=twsrc%5Etfw">@Liquid_BTC</a> Federation wallet. The return followed confirmation from <a href="https://x.com/Blockstream?ref_src=twsrc%5Etfw">@Blockstream</a> that the affected bridge nodes have been patched. Approximately 598 BTC remains outstanding, and&hellip;
&mdash; Samson Mow (@Excellion) <a href="https://x.com/Excellion/status/2097060644977877433?ref_src=twsrc%5Etfw">September 7, 2026</a></blockquote>

<script async="" src="https://platform.x.com/widgets.js" charset="utf-8"></script>

The unusual promise was partially fulfilled after Blockstream said the affected bridge nodes had been patched.
Following confirmation of the fix, the attacker returned approximately 3,400 BTC to the Liquid Federation&rsquo;s wallet, leaving about 598.5 BTC, worth roughly US$47 million, still in the attacker&rsquo;s possession. Despite the return of most of the funds, Liquid Network has not immediately resumed normal activity.
The network remains paused while Blockstream and Federation members carry out additional fixes, address the wider security implications and prepare for a safer restart. Users have also been warned not to send Bitcoin to Liquid peg-in addresses until the network confirms that operations have resumed.
One Of The Biggest Crypto Heists Of 2026
<img src="https://r2.myc.my/425ad94fb3bf6902c78749214836873c531d689b69f53a2018cc6c28845eda22" />
The scale of the incident makes it one of the largest cryptocurrency thefts reported this year.
The attack also highlights a wider cybersecurity problem affecting the digital-asset industry. Blockchain security firm PeckShield recorded 50 major crypto hacks in August 2026, with total losses of around US$136.3 million. That was actually lower than July&rsquo;s losses despite the number of attacks increasing by 67%.
Liquid&rsquo;s case is particularly notable because the attackers did not simply gain access to a wallet and transfer existing funds. Instead, the vulnerability allowed fraudulent L-BTC to be generated and ultimately exchanged for genuine Bitcoin held in reserve.
Crypto Security Faces Another Major Test
The Liquid Network incident comes after several other high-profile cryptocurrency security breaches this year.
A separate vulnerability involving Coldcard hardware wallets led to hundreds of Bitcoin being drained from affected devices, while a South Korean government agency was also embarrassed after accidentally revealing a cryptocurrency wallet recovery phrase in a public photograph. The latter incident resulted in digital assets worth millions of dollars being moved from the wallet.
Together, these incidents show that cryptocurrency security risks can come from many different points &mdash; including software vulnerabilities, transaction infrastructure and even basic operational mistakes.
For Liquid Network, the immediate priority is now recovering the remaining funds and ensuring that the vulnerability cannot be exploited again.
What started as a US$320 million Bitcoin heist has therefore become one of the stranger crypto security stories of 2026: an attacker drained almost the entire reserve, demanded that the vulnerability be fixed, and then returned most of the stolen Bitcoin.
The twist may sound almost too convenient, but the remaining US$47 million serves as a reminder that, white hat or not, the incident is far from completely resolved.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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White hat or not, hacking into systems and taking funds isn’t something to copy. Always protect, report vulnerabilities and stay on the right side of the law.

301378b26d9450705ec699cc45a860d4b026803df6283d174e90233ba16f1d1d

Hacker Steals Around US$320 Million In Bitcoin Then Returns Most Of It

Malaysians who rely heavily on their vehicles have some good news as the government has restored the monthly BUDI95 subsidised RON95 quota to 300 litres, effective 1 September 2026.
The increase reverses the temporary reduction from 300 litres to 200 litres introduced in April. At the same time, eligible private diesel-powered pick-up and jeep owners can now receive up to 400 litres of subsidised diesel per month.
Prime Minister Datuk Seri Anwar Ibrahim announced the changes during his National Day address on 30 August, saying the government was acting ahead of Budget 2027 because cost-of-living pressures could not wait until October. The Finance Ministry subsequently confirmed that the revised quotas would be implemented automatically for eligible existing recipients.
BUDI95 Quota Returns To 300 Litres
&nbsp;<img src="https://r2.myc.my/1c0a538b35a9c667136fb2958d7b5d68221ef42fc905ef0df110ceeac0f0d608" />
Under BUDI MADANI RON95 (BUDI95), eligible Malaysians can purchase subsidised RON95 petrol at RM1.99 per litre.
From 1 September, the basic monthly eligibility limit has increased from 200 litres to 300 litres, essentially restoring the quota that was in place when BUDI95 was first introduced in September 2025.
The government said around 16 million Malaysians benefit from subsidised RON95 under the programme. The adjustment is automatic for existing eligible BUDI95 recipients, meaning they do not need to submit a new application simply because the quota has increased.
The original reduction to 200 litres took effect on 1 April 2026 as the government responded to higher global crude oil prices and increased subsidy costs.
Why Was The Quota Reduced In The First Place?
<img src="https://r2.myc.my/9e79cc3c7237a8dbc6d29e0fa729df2fc45eea9b03966e9e578af01868977359" />
The 200-litre limit was introduced as a temporary measure amid significant pressure on the government's fuel subsidy bill.
At the time, the government said the adjustment was necessary as international oil prices rose sharply, increasing the cost of maintaining subsidised fuel. However, the lower quota also prompted complaints from some motorists, particularly those who travel long distances for work, family commitments or business.
With the latest adjustment, the government says it has taken into account the needs of Malaysians who rely heavily on their vehicles, including those travelling long distances and small traders who depend on vehicles for their livelihoods.
The Finance Ministry also said the restoration was made possible by better fuel supply management, stronger enforcement, improved economic performance and the government's current financial capacity.
BUDI Diesel Quota Can Go Up To 400 Litres
&nbsp;<img src="https://r2.myc.my/886a2038177948d8613242bea037cb47f3a320f1e8a91f47fb76d2fc1d4f229f" />
There is also an increase for eligible diesel vehicle owners.
The basic BUDI Diesel monthly entitlement has been restored to 300 litres, with subsidised diesel remaining at RM2.10 per litre.
Eligible owners of private diesel-powered pick-up trucks and jeeps can apply for an additional 100 litres, bringing their total monthly entitlement to up to 400 litres.
More than half a million eligible diesel vehicle owners can apply for the additional allocation.
Those who were already approved for the extra 100 litres do not need to apply again, as their entitlement will be automatically adjusted to 400 litres from 1 September. Those who have not applied can submit their application through the BUDI MADANI portal.
No Need To Reapply For The Basic Increase
For existing BUDI95 and BUDI Diesel recipients, the return to the higher basic quota is automatic, subject to their existing eligibility.
This means eligible BUDI95 users will receive the revised 300-litre monthly limit, while eligible BUDI Diesel recipients will receive the applicable revised allocation without having to restart the application process.
For pick-up and jeep owners seeking the additional 100 litres under BUDI Diesel, a separate application is still required unless they have already received approval previously.
Government Says Subsidies Must Still Be Protected From Misuse
<img src="https://r2.myc.my/fcb9910f3e2295225b40eb53ad336fa9cd144b1d06d15d597ccdc14e2ad578fc" />
Despite increasing the quotas, the government said it would continue strengthening measures to prevent subsidy leakage, smuggling and misuse.
BUDI95 was originally designed as a targeted fuel subsidy system, with eligibility tied to Malaysian citizenship and driving licence information.
When the programme was launched, the government said the 300-litre ceiling was already sufficient for the overwhelming majority of private motorists, based on national vehicle usage data.
The latest restoration therefore does not represent a return to an unrestricted blanket petrol subsidy.
What Malaysians Need To Know
For eligible motorists, the changes from 1 September 2026 are straightforward:
BUDI95: Up to 300 litres of subsidised RON95 per month at RM1.99 per litre.
BUDI Diesel: Up to 300 litres per month at RM2.10 per litre for eligible recipients.
Private diesel pick-up and jeep owners: Up to 400 litres per month with the additional 100-litre allocation, subject to eligibility and application requirements.
Anwar has positioned the move as an immediate measure to help ease cost-of-living pressures before Budget 2027, which is due to be tabled in October.
For millions of Malaysians, the biggest takeaway is simple: the 200-litre BUDI95 limit is gone, and the monthly subsidised petrol quota is back to 300 litres from 1 September.
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*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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BUDI95 and BUDI Diesel quotas are back up from September, giving eligible Malaysians higher monthly fuel limits.

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