Malaysia morning news for November 22

Malaysia morning news for November 22

Malaysia morning newsIPIC Alleges a “MASSIVE GLOBAL CONSPIRACY” By Goldman Sachs!
Today 1MDB has further erupted into an existential threat to one of the world’s most powerful banks, Goldman Sachs, which is now being sued by one of the world’s most powerful sovereign wealth funds, IPIC/Mubadala.
— Sarawak Report

Malaysia, Indonesia achieve breakthrough in territorial disputes
After 13 years of negotiations, Malaysia and Indonesia have finally achieved a breakthrough with regard to the two maritime territorial disputes in Sulawesi Sea and the southern part of Melaka Straits.
— The Borneo Post

We have thousands of corruption cases under Najib’s govt, says Dr M
Tun Dr Mahathir Mohamad today said there are thousands of graft cases from Datuk Seri Najib Razak’s administration and the major ones mainly involved Umno leaders.
— Malay Mail

Najib: BN govt confirmed ICERD went against the Federal Constitution
Concentrate on the waning economy, rather than the International Convention on the Elimination of All Forms of Racial Discrimination (ICERD) which is against the Federal Constitution and the social contract of the nation, says former prime minister Datuk Seri Najib Razak.
— The Star Online

Malay Mail launches its first Chinese language news portal
Malay Mail has launched its first Chinese news portal “Cincai News”, which forms an important part of Malay Mail’s digital expansion.
— The Edge Markets

Shah Alam’s dual-language signs defaced, council slammed for wasting money
Several of the road signs in Shah Alam with Chinese characters appeared to have been defaced, following public complaints and the subsequent decree by the Sultan of Selangor calling for their removal.
— Malay Mail

Four Finns nabbed for handing out Christian materials in Langkawi
The police arrested four Finnish nationals, including two women, at a hotel here yesterday for allegedly distributing religious materials in public places.
— Malay Mail

Malaysian Minister of Defense visits Thailand to discuss progress on southern issues
Thailand’s Ministry of Defense has welcomed Malaysian Minister of Defense Haji Mohamad bin Sabu, who is in Thailand to discuss progress in resolving unrest in Thailand’s south.
— NNT

Bursa Malaysia worst performer as banks, Axiata, Genting sold
Bursa Malaysia was the worst performer among the key Asian markets on Wednesday as selling of banks, Axiata and Genting Bhd.
— The Star Online

55 per cent corruption cases involve individuals aged 45 and below
A total of 55.2 per cent out of the total number of arrests made by the Malaysian Anti-Corruption Commission (MACC) from 2013 to May 2018, involved individuals aged 45 and below, also categorised as youth.
— The Borneo Post

Abu Dhabi’s IPIC files lawsuit against Goldman Sachs, others over 1MDB case
Abu Dhabi’s International Petroleum Investment Co (IPIC) said in a statement today it had filed a lawsuit against US investment bank Goldman Sachs and others to recover losses incurred due to the Malaysian state fund 1MDB.
— Malay Mail

FIFA ethics judge Sundra Rajoo detained by MACC
A Fifa Ethics Committee judge was arrested on suspicion of corruption in his native Malaysia and has resigned as director of an arbitration service, his lawyer and reports said Wednesday (Nov 21).
— The Star Online

Malaysia’s AirAsia X reports wider third-quarter loss on higher fuel cost
Malaysia’s AirAsia X Bhd (AIRX.KL) reported a sharply wider third-quarter net loss on Wednesday, the airline’s second consecutive quarter in the red due to higher fuel prices.
— Reuters

From santiphap to santisuk: What Mahathir’s visit to Thailand indicates
The peace process to solve the conflict in the southernmost provinces of Thailand, known as Patani, which was officially inaugurated officially on 28 February 2013, has never been smooth.
— Prachatai English

Putrajaya to speed up applications for citizenship with new system
Putrajaya is looking to speed up the application process for citizenship with a new system that will allow other agencies to access candidates’ criminal records.
— FMT News

Sale of Felda assets may not be profitable, cautions Azmin
Economic Affairs Minister Mohamed Azmin Ali has voiced concern that the government may not be able to sell assets belonging to the Federal Land Development Authority (Felda) at a profitable price.
— FMT News

Over 60pc of all road fatalities are motorcyclists, pillion riders, PDRM data reveals
Motorcyclists and pillion riders continue to record a high death rate in Malaysia making up more than 60 per cent of the fatalities on the road each year, according to statistics from the Royal Malaysian Police.
— Malay Mail

RM3.5 mil spent on maintaining Equanimity till October
The government has so far spent RM3.5 million to maintain superyacht Equanimity, which has been embroiled in controversy following allegations that it was bought using funds from 1MDB, the Dewan Rakyat was told.
— FMT News

Lau welcomes Loke’s announcement in implementing additional flights during festive seasons
Lanang MP Alice Lau welcomed the announcement by Transport Minister Anthony Loke Siew Fook in implementing additional flights in collaboration with AirAsia during festive seasons, especially for the upcoming Chinese New Year, to address the problem of high-ticket prices especially to Sabah and Sarawak.
— The Borneo Post

AirAsia taking over KK-Sibu, KK-Bintulu routes a welcome news – Abdul Karim
Transport Minister Anthony Loke’s announcement that the low cost carrier – AirAsia is set to take over the Kota Kinabalu (KK)-Sibu and KK-Bintulu routes from MASwings Sdn Bhd starting January 2019 is indeed a welcome news to residents of both towns.
— The Borneo Post

Seafield temple devotees take complaint to PM in protest at Parliament
A group of devotees up in arms for months over the relocation of a Hindu temple in Seafield, Subang Jaya, have taken their complaint to Parliament and Prime Minister Dr Mahathir Mohamad
— FMT News

Outlook leads analysts to peg 4.8 per cent GDP for 2018
Analysts took the signs of slowing growth for Malaysia’s Gross Domestic Product (GDP) in its third quarter of 2018 (3Q18) as a precursor to a slower end for 2018, possibly extending into 2019.
— The Borneo Post

Planning new international airport now shows Penang’s foresight
AnakPinang welcomes the plans announced by the Penang state government to eventually build a new international airport on reclaimed land off Batu Maung, on the southeast side of Penang island.
— FMT News

Top international legal body official arrested
PROFESSOR Sundra Rajoo was arrested today, two days after his office at the Asian International Arbitration Centre (Malaysia) was raided by authorities.
— Malaysian Insight (paywall)

46 pct of Malaysians insecure about online banking security: study
Almost 46 per cent of Malaysian consumers felt insecure about security measures related to e-wallets and payment applications, according to the VMware Banking Consumer 2020 Study.
— Yahoo News

Malaysian fugitive arrested in Phuket for B17mn real estate fraud
A man wanted on an Interpol Red Notice for B17 million in real estate fraud in Malaysia has been arrested in Phuket and will be deported to his homeland south of Thailand.
— The Phuket News

MIC chief’s behaviour may have backfired
The problem with Malaysia is that we have a shortage of leaders with no ego. Most of the people who become leaders in their parties have egos which have to be constantly massaged. If they are rebuffed for one reason or another, they throw temper tantrums.
— FMT News

‘Easy for them to blend in’: Foreign terror suspects pose security challenges for Malaysian authorities
When Malaysian police announced the arrest of eight terror suspects last Friday (Nov 16), it highlighted a particular problem authorities here face.
— Channel News Asia

Sabah indigenous people group supports ratification of ICERD
A local NGO championing the rights of indigenous people has urged the federal government to ratify the controversial UN treaty on the elimination of racial discrimination, as long as it is in line with the Malaysia Agreement 1963 (MA63).
— FMT News

CM: Reject extremism, racism
Chief Minister Datuk Seri Panglima Shafie Apdal has called on the people of Sabah to reject extremism and racism.
— The Borneo Post

Palm oil may fall to RM1,933
Palm oil may fall to RM1,933 per tonne, as it has broken a support at RM1,972.
— The Edge Markets

Sime Darby Plantation declines 3.4% to lowest level in 11 months
Sime Darby Plantation Bhd shares fell 3.4%, more than any full-day drop since June 1 and more than triple Malaysia’s benchmark index.
— The Edge Markets

15-foot long croc caught in Lahad Datu
The Civil Defense Force (APM) caught a 15-foot long crocodile weighing at least 500kg near the Sahabat 16 beach on Monday.
— The Borneo Post

Malaysia and Indonesia foreign fighter transit routes to Philippines identified
A Philippine terrorism expert has identified backdoors in the Malaysian Borneo state of Sabah and Manado in Indonesia’s North Sulawesi province used by foreign militants to enter the southern Philippines to join Islamic State-affiliated groups.
— The Defense Post

AmBank Research cautious on ringgit after overnight fall on Wall St
AmBank Research remains cautious on the ringgit due to the broad based strength in the US dollar amid the risk averse sentiment.
— The Star Online

Five robbers shot dead in goldsmith heist
A dramatic shootout in the car park of a busy shopping mall here saw four robbers dead, one arrested and a policeman injured.
— The Star Online

Nurul Izzah named ‘influential woman of year’ in Singapore summit
PKR lawmaker Nurul Izzah Anwar was conferred the “2018 Influential Woman of the Year” award at the CEO Asia Summit in Singapore yesterday.
— Malay Mail

NRD to access police records in citizenship process, deputy home minister says
The Home Ministry is coming up with an information sharing system allowing all relevant agencies under its purview to have access to criminal records in a move aimed at speeding up the citizenship application process.
— Malay Mail

Malaysia to make seat belts compulsory on new express buses
Malaysia will be making it compulsory for all new express buses to be installed with seat belts and CCTVs by 2020 as part of its efforts to help reduce fatal accidents on the road.
— Straits Times

Debate rages over Malaysia’s move to scrap death penalty
The Malaysian government is keen to replace the death penalty with life imprisonment, arguing for the sanctity of human life.
— Straits Times

Can Anwar Ibrahim save PKR Sarawak?
The relationship between Parti Keadilan Rakyat (PKR) Sarawak and their president and Prime Minister-in-waiting Datuk Seri Anwar Ibrahim has hit a new low after the party’s recent election.
— The Borneo Post

MMC Gamuda bags award for work on MRT line
MMC Gamuda KVMRT (T) Sdn Bhd (MGKT) has been acknowledged for its delivery of the underground package for the Sungai Buloh-Kajang (SBK) MRT line.
— FMT News

Film ‘With Love’ wins gold award in China Sabah Short Film Competition
China and Sabah have been inextricably linked since ancient times, said Consul General of the People’s Republic of China in Kota Kinabalu, Liang Caide.
— The Borneo Post

Likening it to Lavida Coin, Najib demands names behind Harapan Coin
Former prime minister Datuk Seri Najib Razak called out Bank Negara Malaysia and the Securities Commission today over their silence on a minister’s proposal for a Harapan Coin, saying consumers were potentially at risk.
— Malay Mail

 

Feature photo Women’s Aid Organisation (WAO)

This week’s Malaysia morning news feature photo acknowledges International Day for the Elimination of Violence against Women November 25

 

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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