CNY stands for Chinese New Year, which is one of the most significant and widely celebrated festivals in Malaysia. The festival is known for its vibrant celebrations, including family reunions, traditional feasts, lion dances, fireworks, and the giving of red envelopes (ang pao) containing money. It's a time that brings together not just the Chinese community but is celebrated across the multicultural tapestry of Malaysia, showcasing the country's rich cultural heritage and unity.