Malaysia morning news for December 11

Malaysia morning news for December 11

Malaysia morning newsAirlines and airports can collaborate to share retail profits
New ways of using digital technology and better air passenger intelligence is spawning new income streams for airport retail, said Malaysia Airports Holdings Bhd (MAHB) general manager of commercial business Hani Ezra Hussin.
— New Straits Times

East M’sia’s mobile internet usage highest in the country
Mobile internet usage in Sarawak and Sabah are among the highest in the country, Maxis Bhd (Maxis) says, with data consumption having more than doubled last year in the East Malaysian region.
— The Borneo Post

Hopes of a speedy resolution to Malaysia and Singapore’s dispute over air and sea boundaries dissipated on Monday as Kuala Lumpur dug in its heels even as it agreed to a dialogue.
— South China Morning Post

Govt cancels Immigration Dept’s RM3.5b SKIN project
Prestariang Bhd, whose shares has plunged to 30.5 sen today, said it has not received any notice of default from the government relating to the cancellation of the Immigration Department’s RM3.5 billion Sistem Kawalan Imigresen Nasional (SKIN) concession.
— New Straits Times

Malaysia’s November palm oil stockpile swells to record high
Malaysia’s palm oil inventory rose to a record high in November as exports fell at a faster pace than production, raising concerns that the supply overhang will continue to weigh on prices through the months ahead.
— Nikkei Asian Review (paywall)

UN should not have generalised Malaysia with other Islamic countries on ICERD: Tajuddin
The United Nations (UN) should not have generalised Malaysia with other Islamic countries when it comes to ratifying the International Convention on the Elimination of All Forms of Racial Discrimination (ICERD).
— New Straits Times

Malaysia vows action after world’s top glovemaker admits some migrants work too much
Malaysia said on Monday it would take action against Top Glove Corp. Bhd, the world’s top glovemaker, which admitted breaching labour laws after a Thomson Reuters Foundation expose found some migrants working illegal overtime to pay off debts.
— Reuters

Malaysia could benefit from trade war — World Bank economist
Malaysia is in a relatively good position amid an increasingly challenging economic outlook with heightened trade tensions and a higher capital outflow back to the US, said the World Bank Group’s lead economist for macroeconomics, trade and investment Richard Record.
— The Edge Markets

Govt to ensure corruption stays out of public institutions
The government is looking at ways to limit the capabilities of government institutions as to curb corruption, while ensuring that these entities still have enough flexibility to operate in a challenging environment.
— New Straits Times

Malaysia’s E&E industry well positioned
With the global semiconductor industry expected to record another healthy year, driven by the rapid expansions of the internet of things (IoT) industry, analysts viewed Malaysia’s electrical and electronics (E&E) sector as “well positioned” in this highly demanding global tech supply chain.
— The Borneo Post

A dreary year for plantation sector
Malaysia’s plantation sector might see a weak fourth quarter (4Q), continuing its disappointing streak and ending the year on a low note, analysts observed.
— The Borneo Post

MIMOS and Microsoft Malaysia collaborate to provide IoT and AI to SMEs
MIMOS Bhd and Microsoft Malaysia are working together to provide an Internet of Things (IoT) platform and artificial intelligence (AI) to local companies especially small and medium enterprises (SMEs).
— New Straits Times

Taiwan Sells Food Products at Online Grocery Site to Malaysia
Taiwan’s Council of Agriculture has collaborated with Taiwan-based agricultural E-commerce website, “The Wonderful Food,” to sell Taiwan-grown premium products to Malaysia as part of the government efforts to promote Taiwan’s agricultural products in Southeast Asian countries under the New Southbound Policy.
— Kulr

17 Thais wanted for security-related offences hiding in Malaysia, says source
Seventeen of the 129 criminals from the southern Thailand province of Narathiwat reportedly hiding in Malaysia are wanted by the Thai authorities for security-related offences, according to a high-ranking Thai source.
— New Straits Times

Race, religion still rallying cries in ‘New Malaysia’
Ethno-nationalist opposition forces have pressed PM Mahathir Mohamad to backtrack on a commitment to end all forms of racial discrimination as the nation’s ethnic politics intensify.
— Asia Times

Sapura Energy all poised for growth, Shahril on a mission
Integrated oil and gas services company Sapura Energy Bhd, which clinched a RM3 billion deal from India’s Oil and Natural Gas Corp last week, is poised for a turnaround to improve on its financial health and solidify earnings growth.
— New Straits Times

CIMB’s 3D Conquest nurtures young Asean talent for digital age
CIMB Group’s inaugural 3D Conquest hackathon has recently shortlisted 35 teams from an initial list of 715 teams, comprising 3,000 university
— New Straits Times

Malaysia to keep vessels in disputed waters while talks ongoing with S’pore, says Dr M
Malaysia will keep its vessels in the disputed waters between the country’s maritime border with Singapore while talks are ongoing, says Tun Dr Mahathir Mohamad.
— The Star Online

Sony’s latest noise cancellation WH-1000XM3 headphones now available in Malaysia
Sony Electronics has launched the WH-1000XM3 noise cancelling headphones, the newest addition to the Sony 1000X family.
— The Borneo Post

7 terror suspects, including Abu Sayyaf member, arrested in Malaysia
Malaysian counter-terrorism police have arrested seven terror suspects, including a member of the notorious Abu Sayyaf Group (ASG) involved in three serial kidnappings in the southern Philippines and Sabah, said Inspector-General of Police Fuzi Harun in a statement on Monday (Dec 10).
— Channel NewsAsia

Malaysian cosplayer works hijab into her stunning outfits
When she dons her costumes, cosplayer Saakira Izumi certainly grabs attention. There are no half measures.
— AsiaOne

e-commerce platforms need to strengthen DNS security
Malaysia’s cyber landscape has evolved tremendously, with higher growth recorded in the e-commerce segment year-on-year.
— The Borneo Post

Malaysia will be responsible for ‘any untoward situations’, says Singapore, as it repeats call for KL to withdraw vessels
Malaysia will be responsible for “any untoward situations on the ground” that arise from continued deployment of its vessels in the waters off Tuas, Singapore’s Ministry of Foreign Affairs (MFA) said on Monday (Dec 10). It also said that Singapore reiterates its call for its neighbour to revert to the status quo prior to Oct 25.
— Today Online

AmBank BizRACE assists SMEs
The ‘AmBank BizRACE’ Entrepreneurship Challenge, which has now entered the second season, is expected to help entrepreneurs of small and medium enterprises (SMEs) in facing digital challenges and improving business performance.
— New Straits Times

Little change in foreign fund flow, say analysts
As the year is almost coming to a close, there is a general upbeat over Malaysia’s prospects for 2019 but there is hardly any noticeable change in the flow of foreign funds into the local equity.
— The Borneo Post

Khairy says unaware of plot to oust Zahid as Umno president
Rembau Member of Parliament Khairy Jamaluddin has stressed that he had no knowledge about reports that claim there were efforts among Umno leaders to force party president Datuk Seri Dr Ahmad Zahid Hamidi to resign before the end of the year.
— Malay mail


Feature photo Zunar Cartoonist Fan Club

This week’s Malaysia morning news feature photo acknowledges Human Rights Day, December 10.


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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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