Malaysia morning news for December 17

Malaysia morning news for December 17

Malaysia morning newsMalaysia egg shortage leaves importer Singapore scrambling for alternatives
The Republic has a “wide range of alternative sources” for eggs, the Agri-Food and Veterinary Authority of Singapore (AVA) said in response to a possible curtailing of supply from Malaysia.
— New Straits Times

AirAsia refuses to collect extra charge from KLIA2 passengers
Low-cost carrier AirAsia is not obligated to collect airport tax for Malaysia Airports (Sepang) Sdn Bhd (MASSB) and it has refused to collect the additional charge from passengers on behalf of MASSB.
— The Star Online

Malaysia: Ex-Tabung Haji Officials Made False Statements Over Land Deals, Firm Says
Former officials at a tainted Malaysian state fund aimed at helping Muslims save for their pilgrimage to Mecca were accused Friday of making false statements over land purchases, as the government moved to save the fund from financial collapse.
— Benar News

China online retailer Taobao endorsing physical store in Malaysia (corrected)
A spin off from China online retailer Taobao is endorsing a physical store in Malaysia.
— The Star Online

Malaysia Airlines hopes to narrow losses this year
Malaysia Airlines Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, expects to end 2018 with a lower loss than last year.
— New Straits Times

Higher ICPT surcharge for businesses from March
The Imbalance Cost Pass-Through (ICPT) surcharge for non-domestic customers will increase 1.2 sen to 2.55 sen/kWh in March 1, 2019, from 1.35 sen/kWh currently until Feb 28, 2019, according to Tenaga Nasional Bhd (TNB).
— The Sun Daily

Pos Malaysia to acquire two properties for RM8.84m
Pos Malaysia Bhd is acquiring two new adjoining units of one-and-a-half-storey link-detached factory located at Iskandar Halal Park, Johor for RM8.84 million from Tentu Teguh Sdn Bhd, a property development company linked to its major shareholder.
— The Sun Daily

Petronas Chemicals’ marketing arm collaborates with Sarawak Petchem to market methanol
Petronas Chemicals Group Bhd’s marketing arm Petronas Chemicals Marketing (Labuan) Ltd (PCML) has signed an agreement with Sarawak Petchem Sdn Bhd, to market methanol product from the latter’s plant.
— New Straits Times

Spike in egg prices partly due to bird flu: Malaysia’s agriculture minister
The recent increase in egg prices in Malaysia is partly due to bird flu which has caused a disruption to supply, said Agriculture and Agro-based Industry Minister Salahuddin Ayub on Saturday (Dec 15).
— Channel NewsAsia

AirAsia calls out MAHB as ‘selfish and un-Malaysian’ over additional PSC charges
AirAsia Group Bhd and AirAsia X Bhd have defended their refusal to collect the additional RM23 passenger service charges (PSC) at klia2 imposed by Malaysia Airports Holdings Bhd (MAHB) from February 2018.
— New Straits Times

Minister: 20pc deduction of foreign workers’ salary proposal, further study needed
The Ministry of Human Resource has clarified the move to deduct 20 per cent deduction from foreign workers’ salaries was just a suggestion to guarantee some form of financial security for the workers.
— Malay Mail

Malaysia PM Mahathir Mohamad gets honorary doctorate from Thai university, calls for Asean unity
Asean has been a success and the stability of the region depends on the unity of the 10-nation bloc, said Malaysian Prime Minister Mahathir Mohamad on Sunday (Dec 16).
— The Straits Times

Oil palm smallholders need help now
There is talk of increasing palm oil sales in China in the future. But at the moment, Malaysia’s oil palm smallholders are struggling with a glut and falling prices.
— The Star Online

Malaysia slams Australia’s decision on Jerusalem
Australia’s Muslim-majority neighbour Malaysia has said it “strongly opposes” the decision to recognise West Jerusalem as the capital of Israel.
— Aljazeera

Commentary: Malaysia’s anti-ICERD rally a reality check for Pakatan Harapan
The rally provided Mahathir with a strong case, directed to his Pakatan allies, that the Malays remain sensitive to perceived acts that compromise on their rights, says ISEAS-Yusof Ishak Institute’s Norshahril Saat.
— Channel NewsAsia

LKL’s Q2 net profit dragged by SST on manufacturing inputs
LKL International Bhd posted net lower net profit in the second quarter (Q2) despite a more than 32 per cent growth in revenue.
— New Straits Times

Commodities’ drag on 3Q earnings
The third quarter of this year has been a disappointing period for Corporate Malaysia as results came in below expectations and analysts believing that the profit trend would unlikely get better anytime soon.
— The Borneo Post

MACC must punish those who give bribes too
Rightly so, when the Pakatan Harapan government was formed after the 14th general election they had to deliver the promises in their election manifesto.
— FMT

Top Glove denies forced labour allegations
Top Glove Corporation Bhd has denied allegations made by foreign news reports accusing it of forced labour, excessive overtime, debt bondage and passport confiscation.
— The Borneo Post

Kula dismisses criticisms on wage deduction proposal
Human Resources Minister M Kulasegaran insists his idea to cut 20% from the foreign workers’ basic salaries will be a win-win situation for both workers and employers.
— FMT

Cyberjaya to be revived as a tech hub
The government will rejuvenate Cyberjaya as the technological hub that it was intended to be, said the Ministry of Entrepreneur Development.
— New Straits Times

Analysts continue to remain optimistic on QL Resources’ topline growth
The research arm of Kenanga Investment Bank Bhd (Kenanga Research) remains optimistic on the delivery of QL Resources Bhd’s (QL Resources) topline growth despite challenges in certain sectors.
— The Borneo Post

Malaysia’s Mahathir says no rights to recognise Jerusalem as Israeli capital
Malaysian Prime Minister Mahathir Mohamad on Sunday criticized Australia’s move to recognise West Jerusalem as Israel’s capital, saying countries had “no rights” to do so.
— Nikkei Asian Review (paywall)

Smoking ban: Dzulkefly not worried about losing votes
Health Minister Dr Dzulkefly Ahmad is not worried about losing votes in next year’s Amanah elections following his announcement that smoking will be banned in open-air eateries.
— FMT

Despite Malaysia’s olive branch, Singapore Navy seen inside Johor port limits
The Republic of Singapore Navy (RSN) sent a patrol ship into Johor Baru’s new port limits several times earlier this week, after Putrajaya’s offer to de-escalate the standoff in the contested waters off Johor.
— Malay Mail

Regulate, don’t ban porn sites, says reproductive health body
The Federation of Reproductive Health Associations, Malaysia (FRHAM), has welcomed the country’s “ousting” from a list of countries with the highest daily traffic to Canadian website Pornhub.
— FMT

Parts of Malaysia’s Terengganu state hit by floods due to monsoon rains
Parts of eastern Malaysia’s Terengganu state have been hit by floods due to heavy rains from the annual monsoon season. There were 163 evacuees at flood relief centres on Sunday (Dec 16) morning.
— The Strait Times

Malaysia’s 2019 global teacher candidate talks about learning disabilities, and his hope
Muhamad Khairul Anuar Hus­sin was only in primary school when he contracted an ear infection that rendered him partially deaf for a year.
— Malay Mail

 

Feature photo harun md

This week’s Malaysia morning news feature photo acknowledges International Migrants Day, December 18. 

 

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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