Malaysia morning news for July 17

Malaysia morning news for July 17

Malaysia morning news

Penang’s manufacturing sector records investments of RM8.8bil in Q1
Penang recorded RM8.8 billion in total approved investments in the manufacturing sector in the first quarter of 2019 (1Q19), maintaining the state’s reputation as one of top investment destinations in the country.
— The Star Online

AirAsia’s Teleport, Gobi invest US$10.6m in EasyParcel
AirAsia Group Bhd’s rebranded cargo and logistics platform Teleport and venture capital firm Gobi Partners have invested US$10.6 million (RM44 million) in e-commerce and parcel delivery player EasyParcel.EasyParcel will use the Series B funding to expand its offering for SME customers, leveraging Teleport’s logistics and infrastructure.
— The Sun Daily

Tariffs, incentives hinder 3rd national car project
THE third national car project could hit a snag as differences over incentives, grants, tax exemptions and investment returns may prolong the search for a viable partner.
— The Malaysian Reserve

Penang reclamation project expected to cost fishermen RM555m a year
The Penang South Reclamation (PSR) project will have grave, lasting impact on the fishery industry in Penang, affecting an estimated RM555 million in potential annual income for fishermen.
— The Sun Daily

Malaysian accountant jailed nearly 26 years in Singapore for embezzling S$41m from clients to feed gambling addiction
A certified public accountant and liquidator who siphoned about S$41 million (RM124.1 million) from various clients over a decade, all to feed his “insatiable appetite for gambling”, was sentenced to 25 years and 10.
— Malay Mail

Malaysian MPs back lowering voting age to 18
MALAYSIA’S parliament on Tuesday backed lowering the voting age from 21 to 18, a change that would add millions of people to the electoral roll and was pushed by the country’s reformist government.
— Business Times

Call for emergency response team after tourist death in Sarawak cave
The tourism minister of the Malaysian state of Sarawak is urging the federal government to establish a fast emergency response team after a Dutch tourist died at a popular tourist spot.
— Travel Mole

MCMC Provident Fund spending was not managed well by previous govt: Audit
The Malaysian Communications and Multimedia Commission (MCMC) Provident Fund spending was not managed efficiently and effectively especially on expenses related to the direction of the previous government minister.
— The Sun Daily

Perak DAP rep accuses BN leaders of using different words for lost RM19.4b GST money
Barisan Nasional (BN) leaders sought to cover up the missing RM19.4 billion from the Goods and Services Tax (GST) fund by using different words, Keranji assemblyman Chong Zhemin asserted today.
— Malay Mail

Guan Eng: PAC report confirms unlawful treatment of GST funds
Finance Minister Lim Guan Eng insisted today that the Public Accounts Committee investigation triggered by his claim that Barisan Nasional (BN) “robbed” the country of RM19.4 billion confirmed the illegal use of tax.
— Malay Mail

Malaysia keeps August crude palm oil export duty at zero percent
Malaysia kept its export duty on crude palm oil for August unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Tuesday, citing the national customs department.
— The Sun Daily

Syabas: Water cut in Selangor, KL, Putrajaya on July 23
There will be water disruption in some parts of Selangor, Kuala Lumpur and Putrajaya next Tuesday, says Syarikat Bekalan Air Selangor Sdn Bhd (Syabas).
— The Star Online

Diverting GST funds shows Najib’s deception, says DAP Youth chief
Breaching the provisions of Goods and Services Act by diverting funds meant for refunds into the Consolidated Account is further evidence of former prime minister Datuk Seri Najib Razak’s deceit, said DAPSY chief Howard.
— Malay Mail

Agriculture Ministry sets four conditions for Penang reclamation project
The Agriculture and Agro-based Industry Ministry placed four conditions on the Penang state government for its Penang South Reclamation (PSR) project, Parliament heard today. In his reply to Datuk Seri Reezal Merican Naina.
— Malay Mail

New system under study to teach science, mathematics in English – Mahathir
The government is making an in-depth study of a new system of teaching science and mathematics in English, with the lessons recorded by the best teachers replicated in every school through information technology, the Dewan Rakyat was told today.
— The Borneo Post

Mahathir: Govt studying possibility of reintroducing PPSMI
The government is reviewing the possibility for the return of Teaching and Learning of Science and Mathematics in English (PPSMI) in schools, according to Tun Dr Mahathir Mohamad.
— The Sun Daily

Pua: Govt studying many new infrastructure projects, earlier freeze to fix inflated costs
The government is studying multiple infrastructure projects for implementation to ensure value for money, the Finance Ministry said.
— Malay Mail

RM5.27 mln for civil servants medical expenses last year
The state government has spent RM5.27 million for civil servants’ medical expenses in 2018, said Sabah state secretary Datuk Seri Hashim Paijan.
— The Borneo Post

Audit report: 24 ministries, departments and agencies in Sarawak achieve excellence in financial management
A total of 24 of the 32 Sarawak state ministries, departments and agencies audited in 2018, achieved an ‘Excellent level’ in financial management, according to the 2018 Auditor General’s Report Series 1.
— The Sun Daily

Scheduled water supply interruption in Seberang Perai Tengah
Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) will require a pipe diversion work from 10pm this Friday which will affect about 6,900 water supply consumers at Jalan Kulim, Seberang Perai Tengah (SPT) district.
— The Sun Daily

Run to raise awareness on endangered Malayan tigers
The Malayan Tiger, WWF-Malaysia together with Maybank will be hosting Malayan Tiger Run 2019 and Malayan Tiger Pledge with the theme “Roar For Life”.
— The Sun Daily

Invest Selangor targets RM250m transaction value at business summit
Invest Selangor is targeting RM250 million in transaction value from its Selangor International Business Summit (SIBS) 2019, according to Selangor Mentri Besar Amirudin Shari.
— The Sun Daily

Nadma plays important role in handling Kuala Koh disaster: Wan Azizah
The involvement of the National Disaster Management Agency (Nadma) in handling the disaster situation in Kuala Koh, Gua Musang, has helped the agency in playing its role in formulating a more effective disaster management strategy, instruction and action plan, the Dewan Rakyat was told today.
— The Sun Daily

CM says PSB chief contributed a lot to Sarawak, but chose to resign
Parti Sarawak Bersatu (PSB) Datuk Seri Wong Soon Koh has contributed much to Malaysia’s largest state, but his decision to resign from the state Cabinet should be respected, Chief Minister Datuk Abang Johari Openg said today.
— Malay Mail

Dr M: Younger generation maturing faster, hence ‘Vote 18’ Bill
The younger generation’s mature thinking is among the reasons the government decided to reduce voting age from 21 to 18, says Prime Minister Tun Dr Mahathir Mohamad.
— The Star Online

SRC trial: YR1M’s first CEO got job through cousin, was never interviewed
The High Court was told today that the first chief executive of Yayasan Rakyat 1Malaysia (YR1M) applied for the job through her cousin and was not required to undergo any formal job interview before landing the role.
— Malay Mail

Peaceful power transition allowed PH to implement necessary changes
Tun Dr Mahathir Mohamad has commended the opposition and the rakyat for putting aside political affiliations to ensure peace and stability in the country since the transition of power that occurred in May of last year.
— The Sun Daily

SRC trial: Former YR1M CEO worked for investment firm controlled by Jho Low
The former chief executive of Yayasan Rakyat 1Malaysia (YR1M) previously worked for Wynton Private Equity Group Sdn Bhd from 2004 to 2006, an investment firm formerly owned by fugitive financier Low Taek Jho or Jho Low, the.
— Malay Mail

Don’t fix NSC Act, just repeal it, say PH MPs
Petaling Jaya MP Maria Chin Abdullah and Beruas MP Ngeh Koo Ham urge the government to abolish the act instead of reviewing amendments.
— FMT News

Takiyuddin: Meeting to cement PAS-Umno collaboration delayed
PAS and Umno’s meeting tonight to discuss formalising the two Opposition parties’ cooperation has been postponed, Datuk Takuyiddin Hassan said.
— Malay Mail

Police investigating five teenagers for alleged involvement in bullying case
Police here are investigating five teenagers, including a secondary school student for allegedly involved in a bullying case involving a 13-year-old boy on July 8.
— The Borneo Post

Police: Medical, forensic reports on rape linked to Perak exco out in two to three weeks
The results of medical and forensic examinations on an Indonesian maid who has accused Perak state executive councillor Paul Yong of rape will only be known in two weeks at the earliest, the police signalled today.
— Malay Mail

MPs call for action over diversion of GST funds
Authorities must investigate former Barisan Nasional (BN) officials responsible for unlawfully registering money meant for tax refunds as revenue in the Consolidated Account, said two Pakatan Harapan MPs yesterday.
— The Borneo Post

Defiant smokers to face music, come Sept 1
Smokers who defy the smoking ban will face the wrath of Kota Samarahan Municipal Council (MPKS). Its chairman Datuk Peter Minos said this yesterday when contacted by New Sarawak.
— New Sarawak Tribune

Seaweed cluster projects in Sabah not achieving objectives
The implementation of the seaweed cluster project in the state under Sabah Fisheries Department has not met its objectives as only four of the 10 clusters planned were set up and in operation.
— The Borneo Post

No hike in electricity tariff until December: Yeo Bee Yin
There will be no hike in electricity tariff for all categories of domestic users as well as commercial and industries for the period between July to December this year, according to Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
— The Sun Daily

Youth age cap: Sarawak associations may be excluded
Youth associations in Sarawak may be exempted from the decision to lower the youth age cap from 40 years to 30.
— New Sarawak Tribune

‘Show me the money’, says Dr M of GST money reported ‘not missing’ by PAC
Prime Minister Tun Dr Mahathir Mohamad today said the RM19.4 billion in revenue from GST collection would only be deemed ‘not missing’ if the funds concerned are recovered.
— The Borneo Post

Elements of fraud in the recruitment of foreign workers: Auditor-General’s report
There were elements of fraud and manipulation in the recruitment and management of foreign workers in the country, according to the Auditor-General’s Report.From 2016 to 2018, a total of 22,901 foreign workers found jobs in sub-sectors for which their recruitment was already frozen.
— The Sun Daily

Bill for workers’ housing and amenities passed
The Workers’ Minimum Standard of Housing and Amenities (Amendment) Bill 2019 which aims to expand the minimum standard of housing and provision of basic facilities for workers in all sectors was passed in Parliament today.
— The Sun Daily

Funds transferred into Najib’s account was not a donation or gift: Bank Manager
An Ambank Remittance Manager told the High Court here today that RM50 million which was transferred into former prime minister Datuk Seri Najib Abdul Razak’s bank account in 2014 was not a ‘donation or a gift’.
— The Sun Daily

SRC has to repay RM9.2b to KWAP: Lawyer
The High Court here was told today that SRC International Sdn Bhd was required to pay RM9.2 billion to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facility for the RM4 billion loans it obtained in 2011 and 2012.Lawyer Mohd Shuhaimi Ismail, a partner at Messrs.
— The Sun Daily

Berjaya Land buying 75% stake in Iceland hotel operator for RM220m
Berjaya Land Bhd (BLand) is acquiring a 75% stake in Icelandair Hotels ehf for US$53.63 million (RM220 million) cash. BLand told Bursa Malaysia that its subsidiary Berjaya Property Ireland Ltd had entered into a share purchase agreement with Icelandair Group hf for the acquisition.
— The Sun Daily

Coastal Contracts bags RM17m vessel deals
Coastal Contracts Bhd has secured contracts for four units of low-end vessels for an aggregate value of approximately RM17 million.The contracts were awarded through its wholly owned subsidiaries, Pleasant Engineering Sdn Bhd and Coastal International Marine Inc, according to its filing with the stock exchange.
— The Sun Daily

Chin Hin to list associate Atlantic Blue on ACE Market
Chin Hin Group Bhd announced its plan to list its 45%-owned associate company Atlantic Blue Sdn Bhd (ABSB) on the ACE Market of Bursa Malaysia.This will be done via its special purpose vehicle Solarvest Holdings Bhd (SHB).
— The Sun Daily

ELK-Desa to raise RM1b to fund hire purchase business
ELK-Desa Resources Bhd is establishing a Medium-Term Notes (MTN) programme of up to RM1 billion in nominal value via Premier Auto Assets Bhd. The group said in a statement that it aims to utilise the fund to grow the hirer base of its used car hire purchase financing business.
— The Sun Daily

Tanjung Rambutan good for Najib, Hamidah after PPBM brains claim, says Kit Siang
DAP lawmaker Lim Kit Siang today said both Datuk Hamidah Osman and Datuk Seri Najib Razak can check themselves into Tanjung Rambutan for insisting he masterminded the formation of Parti Pribumi Bersatu Malaysia (PPBM) to.
— Malay Mail

CID director: Don’t be careless if you don’t want your vehicle stolen
Always make sure your vehicle is locked and don’t leave it unattended to avoid becoming a victim of vehicle theft, says Bukit Aman.
— The Star Online

Brahim’s targets 10% increase in sales during first year online
Brahim’s marketing and distribution arm, Dewina Holdings Sdn Bhd is aiming a 10 per cent increase in sales of its meals-ready-to-eat packs during the first year of its venture into e-commerce.
— The Sun Daily

Sarawak CM: I will respect PSB president’s decision to quit state Cabinet
Datuk Patinggi Abang Johari Tun Openg says he will respect the decision by Parti Sarawak Bersatu (PSB) president Datuk Seri Wong Soon Koh to quit the state Cabinet.
— The Star Online

Outright sales of DBKL land ‘a new practice’, court told
The outright sale of Kuala Lumpur City Hall (DBKL) land was a new practice, the High Court heard on Tuesday (July 16) during the corruption trial of Datuk Seri Tengku Adnan Tengku Mansor.
— The Star Online

Putrajaya says reviewing Official Secrets Act to plug leaks
The federal government is looking to amend the Official Secrets Act 1972 (OSA) to prevent the leak of state secrets. Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin told the Dewan Rakyat during.
— Malay Mail

Muhyiddin meets S’pore minister on decriminalisation of drug addiction
Malaysia and Singapore have met to discuss several issues, including the decriminalisation of drug addiction.
— The Star Online

Report lodged against teens for bullying, arrest expected
The father of a Form One schoolboy has lodged a police report against five teenagers for beating up his 13-year-old son.
— The Star Online

We will respect PAC recommendations on GST, says Lim
The Finance Ministry will ensure that there is no repeat of what happened with the GST refunds during the Barisan Nasional government’s tenure, says Finance Minister Lim Guan Eng.
— The Star Online

Bahrain interested in Proton’s X70: Redzuan
Bahrain has expressed an interest in importing Proton’s latest model, the X70. Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof said he found during his recent working visit to Bahrain, that the country was keen on strengthening bilateral relations and Proton could benefit from this.
— The Borneo Post

PM tables historic Undi 18 Bill in Parliament
Prime Minister Tun Dr Mahathir Mohamad tabled today his government’s ambitious Bill to amend the Federal Constitution and lower the voting age from 21 to 18. The proposed amendments also include allowing youths aged 18.
— Malay Mail

TNB weighs on KLCI amid broad-based decline
The FBM KLCI extended its fall over the morning session as investors retreated further into the sidelines ahead of US corporate earnings announcements, which would help gauge the health of the world’s biggest economy.
— The Star Online

Anwar demands probe on Wan Ji’s claim of prison warden assault
The Home Affairs Ministry must act upon Muslim preacher Wan Ji Wan Hussin’s allegation that he was assaulted by a warden at the Kajang Prison while seeking a stay of his sentence for sedition, Datuk Seri Anwar Ibrahim.
— Malay Mail

Anwar: Public wants to know who is behind sex clip scandal
Malaysians are eager to learn the authenticity of sex clips implicating a federal minister and the culprits behind the scandal, Datuk Seri Anwar Ibrahim said today. The PKR president said the police should be allowed to.
— Malay Mail

Ekuinas sells APIIT Lanka for RM41mil
Ekuiti Nasional Bhd has disposed of its entire equity interest, together with its minority partners in APIIT Lanka Pvt Ltd (APIIT Lanka), based on an enterprise value of approximately RM41mil to BG Investments Pte Ltd.
— The Star Online

Expressing confidence in youth, Dr M urges bipartisan support for Undi 18 Bill
Malaysian youths are mature enough to pick and vote for the country’s leaders, the prime minister said today urging lawmakers from both sides of the aisle to vote for a constitutional amendment to lower the voting age from.
— Malay Mail

Widow of Nigerian PhD student accuses Malaysian authorities of autopsy without consent
A Malaysian post-mortem examination on Nigerian Thomas Orhions Ewansiha, a former PhD student at the Limkokwing University of Creative Technology in Cyberjaya, Selangor who died while in immigration custody was performed.
— Malay Mail

SRC trial: Yayasan Rakyat 1Malaysia ex-CEO helped shift RM42m from CSR partner to Najib’s accounts
The transfers of RM42 million from Ihsan Perdana Sdn Bhd (IPSB) into Datuk Seri Najib Razak’s bank accounts were facilitated by a former Yayasan Rakyat 1Malaysia (YR1M) chief executive on orders from Najib’s ex-aide in.
— Malay Mail

Najib’s SRC trial: Ex-CEO says Yayasan Rakyat 1Malaysia used Genting’s casino money to fund social projects
Money sourced from Genting Group’s licensed gambling business was used to fund social programmes and projects undertaken by Yayasan Rakyat 1Malaysia (YR1M), the High Court heard during Datuk Seri Najib Razak’s trial.
— Malay Mail

Parking bays to be closed to make way for PSP system installation
A total of 997 parking bays around Penang will be closed in stages from July 19 to August 25 to allow work on the installation of the Penang Smart Parking (PSP) sensor system.
— The Sun Daily

Bloomberg: Riza Aziz’s ex-partner surrenders ‘King Kong’ poster, Basquiat painting, gifts worth US$14m over US 1MDB probe
Hollywood producer Joey McFarland who co-founded Red Granite Pictures with Riza Aziz will forfeit US$14 million (RM64 million) in artwork, luxury items and company profits to the US Justice Department’s (DoJ).
— Malay Mail

MACC chief Latheefa vows no kid gloves for VIPs
VIPs will be treated the same as ordinary people when they are investigated by the Malaysian Anti-Corruption Commission (MACC), said Latheefa Koya. The MACC chief commissioner, known for her no-nonsense approach, noted that.
— Malay Mail

Minister recommends gazetting diving spots
Gazette all the diving spot areas to keep visitors safe and fish bombers out, recommended federal Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi.
— The Borneo Post

95,045 detained over drug-related offences: Kamarulzaman
A total of 95,045 people were detained from Jan 1 to July 4 this year, on suspicion of being involved in drug trafficking syndicates, with a total seizure worth RM250.66 million.
— The Sun Daily

Bursa Malaysia opens marginally lower
Shares on Bursa Malaysia kickstart today’s trading marginally lower after closing at day’s high yesterday, with market projects the local bourse to extend its mild recovery over the near term.
— The Sun Daily

Museum entrance fees should be reviewed: Minister
Tourism, Arts and Culture Minister, Datuk Mohamaddin Ketapi said museum entrance fees in the country need to be reviewed since it is relatively low compared to other countries.
— The Sun Daily

Association praised for promoting Sabah tourism
Chief Minister Datuk Seri Panglima Shafie Apdal has lauded the Sabah Ann Koai Association for promoting tourism activities and also business, trade and investment opportunities in Sabah through the hosting of the Malaysia Ann Koai Clan Convention, which has brought in about 300 clan members from Peninsular Malaysia and overseas to the State.
— The Borneo Post

Dewan Rakyat to decide on voting age today
The Dewan Rakyat today will be the focus of the nation as it will decide on the proposed amendments to the Federal Constitution to allow youths in the country to vote at the age of 18.
— The Sun Daily

Body of heroic tour guide found in Mulu National Park
The body of 20-year-old tour guide Roviezal Robin, who saved eight tourists during a flash flood in a cave in Gunung Mulu National Park on Friday before he himself was swept away, was recovered at 10am this morning.
— The Sun Daily

Alliance Bank clarifies Federal Court judgement
Alliance Bank Bhd stressed that the Federal Court, in its oral judgement, did not rule that the bank was guilty of union-busting or had broken any law.
— The Sun Daily

Wider credit spectrum needed for bond issuance
There is a need to widen the credit spectrum to create a more diversified capital market, particularly in bond issuance as most are skewed towards higher credit rating issuances such as AA and AAA-rated.
— The Sun Daily

Bursa Malaysia recovers to end at day’s high
Bursa Malaysia rebounded to end at the day’s high amid the lingering overbought condition since the previous week, a dealer said.At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.92 points or 0.17% to 1,672.37 compared with 1,669.45 at Friday’s close.
— The Sun Daily

George Kent water meter biz gets Honeywell boost
George Kent (Malaysia) Bhd, via its wholly owned subsidiary George Kent International Pte Ltd, has entered into a long-term licence agreement with Honeywell to bolster its water meter production business.
— The Sun Daily

No appetite, says PAS’ Hadi on invite to join Pakatan
PAS president Datuk Seri Abdul Hadi Awang has snubbed Datuk Seri Mukhriz Mahathir’s call for PAS to join Pakatan Harapan to unify the Muslims of the country.
— The Star Online

Another suspect detained in factory manager assault case
Police arrested another suspect believed to have been connected to the assault case involving a plastic factory manager on July 2, during a raid at Taman Cendana, Penang early this morning.
— The Sun Daily

PM: Don’t let prideful defence of Bahasa be obstacle for Malaysian students
Prime Minister Tun Dr Mahathir Mohamad urged defenders of the national language to set aside their objections to the use of English in education, saying the learning of science and mathematics would be harmed otherwise.
— Malay Mail

13 Sabah ministries, depts, agencies achieve excellence – AG’s Report
Thirteen out of the 29 ministries, departments and agencies under the Sabah state government audited in 2018 have achieved the level of excellence in their financial management.
— The Borneo Post

 

Feature photo Theravada Buddhist Council of Malaysia

This week’s Malaysia morning news feature photo focuses on Asalha Puja, July 16.

 

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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