is that money is considered as "Income" ?

Since 2004 to date, “income received in Malaysia from outside Malaysia” or foreign-sourced income (“FSI”) received by Malaysian taxpayers is not taxable due to the availability of tax exemption under Paragraph 28, Schedule 6 of the ITA (“Para 28”). Under this law, exemption is given to any person, other than a resident company carrying on the business of banking, insurance, or sea or air transport, in respect of income derived from sources outside Malaysia and received in Malaysia.
https://www.crowe.com/my/insights/taxabilit...-sourced-income

Govt agrees to exempt tax on foreign source income for resident taxpayers – MoF
The tax exemption is effective from Jan 1, 2022 to Dec 31, 2026.
https://www.mof.gov.my/portal/en/news/press...t-taxpayers-mof