Malaysia Morning News For November 27

Malaysia Morning News For November 27

Malaysia morning newsMalaysia Airlines cancels all flights to Bali as Mount Agung volcano spews plume of ash
Malaysia Airlines (MAS) will cancel all flights between Kuala Lumpur and Denpasar in Bali today following the volcanic activity at Mount Agung in Bali.
— New Straits Times

China enhances ties with M’sia to leverage on thriving halal market
Realising the high demand, profit feasibility and the need to adapt to the growing global halal market in order to achieve its ‘One Belt One Road’ initiative, China continues to expand its partnerships with countries such as Malaysia which has a well-established halal market that is fully supported by its government.
— The Borneo Post

Social media merchants must declare income: Inland Revenue Board
Individuals or businesses selling their wares on social media, which are not registered with the Companies Commission of Malaysia (SSM), must declare their income and file their income tax returns, according to the Inland Revenue Board (IRB).
— The Sun Daily

Household debt moderating, eases to 84.6 per cent this year: BNM
The household debt in the country is showing a moderating trend this year compare to the previous years.
— New Straits Times

Moody’s: Return of fuel subsidies potentially negative if deficit affected
International credit ratings agency Moody’s said its view of Malaysia’s creditworthiness could be affected if the government restores fuel subsidies and the move reverses previous efforts to trim its overspending.
— Malay Mail Online

Malaysia’s DPM hints of election happening ‘within days’ after Chinese New Year
Malaysia: Malaysia’s Deputy Prime Minister Ahmad Zahid Hamidi hinted on Sunday (Nov 26) that Malaysia’s 14th general election will likely be held within days after the Chinese New Year next year.
— Channel News Asia

Malaysia to share counter-terrorism expertise, says Hisham
Malaysia is ready to share its expertise in counter-terrorism with members of the Islamic Military Counter Terrorism Coalition (IMCTC), said Datuk Seri Hishammuddin Hussein.
— The Star Online

No deadline for ‘stateless’ people to apply for identity cards — Entulu
Minister in the Prime Minister’s Department Datuk Joseph Entulu Belaun has clarified that no deadline is imposed on ‘stateless’ people to apply for identity cards.
— The Borneo Post

Zahid calls for minimum wage for kindergarten, preschool teachers
PRIVATE and government-run kindergarten and preschool teachers need a special salary scheme to bring them out of the poverty level.
— The Malaysian Insight

Malaysia seen on track to raise rates
Malaysia’s inflation eased more than forecast in October, but not enough for economists to change their views that the central bank may raise interest rates as early as January.
— Gulf Time/Bloomberg Jakarta

Agrobank launches microfinancing programme to help B40 in agro-based business
Agrobank has launched the Agro TERAS microfinancing programme to help micro-entrepreneurs from the bottom 40 per cent of household income group (B40) involved in agriculture and agro-based businesses.
— New Straits Times

BNM to strengthen financial inclusion in Sarawak
To further strengthen financial inclusion in Sarawak, Bank Negara Malaysia (BNM) says it will collaborate with the Sarawak state government and the financial industry to extend the reach and depth of financial services to the local community and businesses.
— The Borneo Post

Cryptocurrencies in the early stage of a bubble?
With Bank Negara Malaysia (BNM) taking steps to accommodate the rise of digital currencies, the outlook for cryptocurrencies appears to be more certain, but market observers opine that the market could be in the early stage of a bubble given the rising number of participants.
— The Sun Daily

500,000 Malaysians have fallen prey to investment scams
More than 500,000 people have become victims to illegal investment scams in the country since 2015, said Finance Minister II Datuk Seri Johari Ghani.
— New Straits Times

Malaysia’s Musang King durian festival a roaring success; to be held annually
The road leading into Bentong town was packed with cars, vans and even travel coaches from early Saturday (Nov 26) morning as visitors began streaming in for the two-day Malaysia International Durian Cultural Tourism Festival 2017.
— The Straits Times

Government shuts door on Maju’s bid for PLUS
The government’s decision not to sell PLUS Malaysia Bhd to Maju Holdings Sdn Bhd is the right move to avoid unnecessary financial problems in the future and to prevent a bailout.
— Free Malaysia Today

Education commission should be set up, says zahid
Datuk Seri Dr Ahmad Zahid Hamidi yesterday supported a suggestion that an education commission be established to strengthen the national education policy and ensure its continuity.
— New Straits Times

BN can learn from Trump’s strategy: Malaysian minister
Malaysia’s ruling Barisan Nasional (BN) coalition should take heed of Mr Donald Trump’s 2016 presidential campaign strategy, said Tourism and Culture Minister Nazri Aziz.
— The Straits Times

Sarawak Health Department carries out mass blood survey after man tests positive for malaria
A mass blood survey has been carried out in Taman Sri Malihah, Matang here, after a man tested positive for malaria.
— New Straits Times

Health Ministry launches operations to set up Hospital Medan Malaysia in Cox’s Bazar
A total of 63 officers and staff of the Health Ministry, Malaysian Armed Forces and non-governmental organisations (NGO) have left for Cox’s Bazar in Bangladesh since Nov 20.
— New Straits Times


Feature photo ILO in Asia and the Pacific
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Malaysia morning news by AEC News Today is your one stop source for Malaysia news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.


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