Malaysia morning news for December 13

Malaysia morning news for December 13

Malaysia morning news

Govt maintains 4.8% GDP target for 2020: Guan Eng
The government will stick to its initial 4.8% Gross Domestic Product (GDP) growth target for 2020 despite the World Bank having revised its forecast to 4.5%.
— The Sun Daily

Sabah MTUC denies Kula’s claim that it supports amendments to IR Act
The Sabah Malaysian Trades Union Congress (MTUC) has denied Human Resources Minister M. Kulasegaran’s claim that the state chapter was agreeable to the amendments to the Industrial Relations Act 1967.
— The Star Online

Report: Malaysia registered companies to declare beneficial owners from next year
All companies registered in Malaysia will soon be required to submit information on their beneficial owners to the Companies Commission Malaysia (CCM), a news report said.
— The Borneo Post

Penang Structure Plan 2030 gazetted, says Chow
The state government today announced that the Penang Structure Plan (RSNPP) 2030 was successfully gazetted on October 24.
— Malay Mail

Health insurance premiums to increase if healthcare costs continue rising
Insurance companies in the country have warned that medical and health insurance premiums will be increased if the cost of obtaining healthcare continues to rise. Life Insurance Association of Malaysia (Liam), Persatuan Insurans Am Malaysia (Piam and Malaysian Takaful Association (MTA), in a joint statement today, cited information from the …
— The Sun Daily

Malaysia’s first ‘floating’ fire station commences operations today
Malaysia’s first ‘floating’ fire and rescue station, located in the district, will officially commence operations today.
— The Borneo Post

Malaysia’s top trending searches of 2019
AS WE wrap up the year, Google LLC has revealed its annual Malaysian Year in Search — a look back at the 12 months of collective trending searches on Google Malaysia to shed light on the unique trending searches of 2019.
— The Malaysian Reserve

High hopes Malaysia will move up Corruption Perception Index
As 2019 draws to a close, it will be interesting to know how far Malaysia has scaled the Corruption Perception Index (CPI) for the year, given what can be regarded as the government’s aggressive campaign to rid the country of graft.
— The Sun Daily

KL cops offering 50% ‘Christmas discounts’ for traffic summonses
The public will have have a chance to settle their traffic summonses at a 50% discount over the Christmas period.
— The Star Online

New poll shows most Malaysians doubt Pakatan’s success in combating cronyism
The majority of Malaysians remain unconvinced by the new government’s policies to stop corporations from monopolising business, according to the latest poll by local think tank Emir Research.
— Malay Mail

Eco World’s Q4 earnings leap more than 6 times to RM81.5m
Eco World Development Group Bhd posted a net profit of RM81.5 million for its fourth quarter ended Oct 31, which was 6.3 times higher than the net profit of RM12.8 million recorded in the previous corresponding quarter.
— The Sun Daily

Malaysian victim reported dead in New Zealand volcano eruption survived, in critical condition
The Malaysian victim who was reported to have died in the New Zealand volcano eruption is alive but in a critical condition, Malaysia’s Foreign Affairs Ministry said on Thursday (Dec 12).
— CNA

Qatar, Malaysia eye stronger ties
Emir of Qatar Sheikh Tamim bin Hamad Al Thani on Thursday met with the visiting Malaysian Prime Minister Mahathir Mohamad, with the two sides agreeing to boost cooperation, the Qatari royal court said in a statement.
— xinhua

Proposed amendments to Education Act being studied: Teo
The proposed amendments to the Education Act 1996 to among others make it compulsory for parents to send their children to obtain primary and secondary education, are currently being perused by the National Education Policy Committee.
— The Sun Daily

MACC chief says flooded with memos seeking cold case reviews
Malaysian Anti-Corruption Commission (MACC) chief Latheefa Koya today said that she has received numerous memos urging her to reopen cold case files that merited reinvestigation.
— Malay Mail

RHB Bank calls off talks to sell insurance arm to Tokio Marine
RHB Bank Bhd said it will no longer proceeds with talks to sell up to 94.7% of its shares held in RHB Insurance Bhd to Tokio Marine Asia Pte Ltd.
— The Sun Daily

Higher Euro-grade RON95 petrol to be introduced in January 2020
RON95 petrol that conforms with Euro 4M (E4M) European fuel standard specifications will be introduced at petrol stations nationwide starting January next year.
— The Star Online

Higher grade E4M RON95 to be introduced in January 2020
The upgraded RON95 petrol with European fuel standard specifications Euro 4M (E4M) will be introduced at petrol stations nationwide starting January next year.
— The Borneo Post

Mavcom chairman says no consultation before aviation merger, ‘heart goes out’ to team
News that the Malaysian Aviation Commission (Mavcom) will merge with the Civil Aviation Authority of Malaysia (CAAM) appears to have taken the former by surprise.
— Malay Mail

Govt to continue legal action against Goldman Sachs: Lim
Malaysia will continue with legal action against Goldman Sachs Group Inc over the 1Malaysia Development Bhd (1MDB) case, even though the company is reported to have paid the United States Department of Justice (DoJ) to settle the case.
— The Sun Daily

EC to meet on Monday to discuss Kimanis by-election
The Election Commission (EC) will hold a special meeting this Monday to discuss important dates for the Kimanis Parliamentary by-election.
— The Sun Daily

Finance minister says govt to pursue criminal case against Goldman Sachs, court hearing likely mid-2020
The Malaysian government will go ahead with its lawsuit against US investment bank Goldman Sachs to recoup losses from scandal-riddled 1Malaysia Development Berhad (1MDB), Lim Guan Eng said today.
— Malay Mail

Sarawak minister says Petronas asset sale would complicate matters
A Sarawak minister today warned that existing disputes will become more complicated if Petroliam Nasional Berhad (Petronas) sold assets to oil-producing states such as Sarawak without resolving them.
— Malay Mail

Manufacturing sales up 2.2% in October 2019
Malaysia’s manufacturing sales grew 2.2% in October 2019 to RM74.6 billion as compared to RM73.1 billion a year ago.
— The Sun Daily

SEB hopes to see more electric vehicles on road
Sarawak Energy group chief executive officer Datuk Sharbini Suhaili hopes to see more electric vehicles on the road in Kuching.
— New Sarawak Tribune

7-Eleven says to privatise Caring Pharmacy after MGO
7-Eleven Malaysia Holdings Bhd said it does not intend to maintain the listing status of Caring Pharmacy Group Bhd on Bursa Malaysia if the offerors Convenience Shopping (Sabah) Sdn Bhd (CSSSB) and persons acting in concert (PACs) receive valid acceptances for the mandatory general offer (MGO).
— The Sun Daily

Rep suggests either Christmas eve or Boxing Day as additional holiday for Sarawak
Tasik Biru assemblyman Datuk Harry Henry Jinep has high hopes in the Sarawak government following its Sabah counterpart in declaring an extra holiday for Christmas.
— The Borneo Post

Man fined RM6,000 for threatening to kill own father over RM20,000 dowry
A man was fined RM6,000 by the Magistrate’s Court here today for allegedly threatening to kill his father who refused to impose a RM20,000 dowry on his younger sister’s future husband.
— The Borneo Post

Pestech awarded RM93.74m contract in the Philippines
Pestech International Bhd’s wholly-owned subsidiary company Pestech Sdn Bhd has been awarded a RM93.74 million contract from the National Grid Corporation of the Philippines (NGCP) for the Cebu-Bohol 230kV Interconnection project (substation portion).
— The Sun Daily

Jasin parliamentary seat remains with BN, rules Federal Court
The outcome of the election results in the constituency not affected despite there being some non-compliance with the election law, says Chief Justice Tengku Maimun Tuan Mat.
— FMT News

Tok Mat: Sad to see PKR fight over PM post, and not improving economy
Datuk Seri Mohamad Hasan (pix) said it is sad that PKR leaders are squabbling over the prime minister post instead of improving the economy and the livelihood of Malaysians.
— The Sun Daily

Mavcom ‘disappointed’ over CAAM merger
The proposed merger of the Malaysian Aviation Commission (Mavocm) and the Civil Aviation Authority of Malaysia (CAAM) has been met with disapproval by Mavcom executive chairman Dr Nungsari Ahmad Radhi.
— The Sun Daily

95.3% of Kg Baru landowners so far agree with redevelopment plan
A total of 95.3% of Kampung Baru landowners who submitted their feedback forms to the Kampung Baru Development Corporation (PKB) have agreed to sell their land for redevelopment by the government, says Federal Territories Minister Khalid Abdul Samad.
— The Sun Daily

Ensure transparency for all medical charges, urge insurance associations
Insurance associations are urging the Government to ensure that doctors’ consultation fees and all charges for common medical procedures are disclosed to patients upfront.
— The Star Online

IPI up 0.3% in October 2019
Malaysia’s Industrial Production Index (IPI) grew 0.3% in October 2019 year-on-year, driven by the increase in the index of manufacturing (2.2%) and electricity (0.5%).
— The Sun Daily

Tesco Malaysia reported RM44m net loss for FY19
Tesco Stores (Malaysia) Bhd’s loss-making business could be one of the main reasons why its parent Tesco PLC of the UK is mulling a sale of its Malaysian operations.
— The Sun Daily

In Neelofa we (re)tweet: Malaysia’s top Twitter posts for 2019 marries the sacred and the worldly
As the year draws to a close, Twitter Asia Pacific reflected on the year that was and found that Malaysians were particularly moved by local fashion personality and entrepreneur Noor Neelofa Mohd Noor, popularly known as.
— Malay Mail

Cabinet requests for re-tabling of PLUS takeover details
The Cabinet has requested for a re-tabling of the details on the takeover bid of highway concessionaire PLUS Malaysia Bhd, said Works Minister Baru Bian.
— The Sun Daily

[email protected] programme trains over 700 SPM dropouts this year
Over 700 youths who do not possess Sijil Pelajaran Malaysia (SPM) qualification have completed Skill Training At [email protected] or [email protected] programme, a pioneer project by the Ministry of Youth and Sports (KBS), throughout the year.
— The Sun Daily

In Malaysia, Thanos, haze levels and BSH dominate Google searches for 2019
From Thanos and the Cost of Living Aid (BSH) to the Air Pollution Index (API) readings, these random words and terms have one thing in common — they’re Google’s trendiest searches for 2019 in Malaysia.
— Malay Mail

OPR cut next year ‘overwhelmingly certain’, says MIDF Research
MIDF Research believes another 25 basis point (bp) cut to the Overnight Policy Rate (OPR) is “overwhelmingly certain” next year, but it will only be a single cut as a gross domestic product growth of above 4% can still be considered solid.
— The Sun Daily

HPP Holdings to offer 108.7 million shares in IPO
HPP Holdings Bhd is heading for listing on the ACE Market, with an initial public offering consisting the public issue of 88.7 million shares and an offer for sale of 20 million shares, totalling 108.7 million shares.
— The Sun Daily

MISC, Petronas counters lift Bursa Malaysia higher in early trade
Bursa Malaysia opened lower but rebounded thereafter in early trade lifted by buying interest in MISC and Petronas-linked counters.
— The Sun Daily

 

Feature photo Sumisha Naidu 

This week’s Malaysia morning news feature photo focuses on 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).

 

 

About Malaysia morning news.

Malaysia morning news roundup is the most comprehensive hand-curated selection of Malaysia English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Malaysia English language news today.

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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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