Malaysia morning news for June 13

Malaysia morning news for June 13

Malaysia morning news

Penang’s approved investment of RM8.8 billion in Q1 highest in Malaysia
Penang recorded RM8.8 billion of total approved manufacturing investment in the first quarter of this year, up 768 per cent year-on-year and surpassed 2018’s amount of RM5.6 billion.
— New Straits Times

Malaysia welcomes investments that raise skills, wages: Lim
Malaysia will welcome any investments from abroad – especially from Japan – that will raise the skills and wages of Malaysian workers.
— New Sarawak Tribune

CPO price to trend higher in 2H19, says Maybank IB
The crude palm oil (CPO) price is likely to trend higher in the second half of 2019 (2H19) as the weak price for the first quarter was dragged.
— New Sarawak Tribune

Starfresh bottled drinking water from Malaysia recalled after bacteria detected: SFA
A brand of bottled drinking water imported from Malaysia has been recalled in Singapore due to the presence of environmental bacteria detected in the product, the Singapore Food Agency said on Wednesday (Jun 12).
— Channel NewsAsia (very annoying popups)

Domestic market stays resilient amid external headwinds: Bursa
The domestic capital market remains resilient with its diversified sources of growth despite external headwinds, says Bursa Malaysia. Chief executive officer Datuk Muhamad Umar Swift said several banks.
— New Sarawak Tribune

Malaysia’s Seemingly Chaotic Foreign Policy Choices Make Strategic Sense
Malaysia is sticking with its Cold War-era strategy of selective alignment and strategic ambiguity.
— THe Diplomat

Gerakan tells CM Chow to protect Penang International Airport
Gerakan has called on Penang Chief Minister Chow Kon Yeow to make a stand and protect the Penang International Airport (PIA) in light of two recent airport proposals on mainland Penang. Gerakan Deputy President Oh Tong Keong.
— Malay Mail

Group urges northern states to team up and coordinate for better transport and development plan
A non-governmental organisation today suggested that the four northern states should jointly come up with a comprehensive transport and development plan that benefit all states.
— Malay Mail

Local sugar refiners urge govt to reconsider approval of import permits
Approval of the import permits (APs) for eight food and beverage (F&B) manufacturers in Sarawak was made without fully understanding the circumstances of industry, according to local sugar refiners.
— The Sun Daily

E-commerce race in Malaysia heats up
Bid for a boyfriend, book a new car or shake your phone for discounts – these are some of the sales gimmicks used by Malaysia’s e-commerce players as they battle for a larger share of a market worth an estimated US$2 billion (S$2.7 billion) in gross merchandise value last year.
— The Straits Times

ECRL civil works portion attracts 1,321 contractors
The civil works portion of the RM44 billion East Coast Rail Link (ECRL) project has attracted 1,321 submissions from construction companies during the pre-qualification exercise held on May 29 and 30.According to the main contractor China Communications Construction Company Ltd.
— The Sun Daily

Bumiputera SMEs urged to join GEB programme
Bumiputera small and medium enterprises (SMEs) have been urged to join the Galakan Eksport Bumiputera (GEB) programme to enable them to expand into global markets.
— New Sarawak Tribune

SRC BOD never informed about application for govt guarantee
The Board of Directors (BOD) of SRC International Sdn Bhd was never informed of the company’s application for government guarantee for a RM3.95 billion loan from the Retirement Fund (Incorporated) (KWAP) in 2011, the High Court was told.The application was disclosed via a letter.
— The Sun Daily

MACC to probe claims on Azmin’s overseas money
The Malaysian-Anti Corruption Commission (MACC) will investigate allegations that Economic Affairs Minister Datuk Seri Mohamed Azmin Ali stashed RM300 million abroad.MACC chief Commissioner Latheefa Koya (pix) said the anti-graft busters will look into all the reports received and.
— The Sun Daily

Malaysia’s palm oil stocks at lowest level in 10 months
Malaysia’s total palm oil stocks fell 10.3 per cent to 2.45 million tonnes in May — the lowest in 10 months — from 2.73 million tonnes recorded in.
— New Sarawak Tribune

Sabah conservationists caution against issuing mining licences
A group of Sabah conservationists has come out strongly against the issuance of mining licences for the extraction of natural resources in the state.
— The Star Online

SRC trial: Ex-director says Nik Faisal kept massive KWAP loan bids from board
Former SRC International Sdn Bhd chief executive Nik Faisal Ariff Kamil failed to inform the directors of his firm and its parent, 1MBD, when he applied for a RM3.95 billion loan from the Retirement Fund (Incorporated).
— Malay Mail

Water relief for 500 people in remote Sarawak village
For the last 28 years, some 500 Kenyah people in the remote village of Long Puak in Sarawak were forced to depend on rainfall as their main source of water supply. Finally, on May 17, they were relieved of this hardship when they started receiving clean piped water, made possible by.
— The Borneo Post

Crest Builder eyes RM500m worth of construction jobs
Crest Builder Holdings Bhd is targeting to secure another RM500 million worth of construction jobs in the second half of this year, in line with its aim to have total construction contract wins of RM600 million in 2019.
— The Sun Daily

HSBC unveils Malaysia’s first ESG Islamic structured product
HSBC Amanah Malaysia Bhd has launched the first environmental, social and governance (ESG) Islamic structured product in the Malaysian market.
— The Edge Markets

HPMT down after positive debut on Bursa
HPMT Holdings Bhd debuted at 58 sen on Bursa Malaysia today, a 3.5% premium against its offer price of 56 sen.However, at 10.51am, its shares were trading 5 sen or 9% lower at 51 sen with 53.81 million shares traded, giving it a market capitalisation of RM167.52 million.
— The Sun Daily

Media waited to get a statement from minister linked to video
Efforts by a group of media practitioners who had waited at Perdana Putra, here to get a statement from a minister alleged to be linked to the dissemination of photographs and intimate video scenes proved futile.
— The Sun Daily

Latheefa says will not be involved in MACC investigations into Cabinet minister
Newly-appointed Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya said she will be not involved in investigations into alleged suspicious transactions into the bank accounts of a Cabinet minister.
— The Star Online

Online doctor service offers free check-up following Penang partnership
The DoctorOnCall service will offer a free virtual medical consultation to all users applying a promotional code from its partnership with the Penang government, Chief Minister Chow Kon Yeow announced today.
— Malay Mail

Cops confirm arrest of six Malaysians in Indonesia for allegedly smuggling 37kg of syabu
The federal police have confirmed that six Malaysians were arrested in Indonesia for allegedly smuggling 37kg of syabu.
— The Star Online

Starfresh bottled drinking water from Malaysia recalled after bacteria detected: SFA
A brand of bottled drinking water imported from Malaysia has been recalled in Singapore after bacteria was detected in the product, the Singapore Food Agency said on Wednesday (Jun 12).
— Channel NewsAsia

Sabah Education Dept looking at ways to reduce crime, social ills among students
The Sabah Education Department is looking at ways to reduce and ultimately prevent crime and social ills among students.
— The Star Online

Red Ideas partners GoCar, Boost to provide more community services
Red Ideas Holdings Bhd is partnering with GoCar Malaysia and Boost to provide more convenience to communities in terms of security, commuting and payment of fees.
— The Star Online

Seacera seeking legal advice on voluntary declaration with RM22.18m overdue tax
Seacera Group Bhd is seeking legal advice on the voluntary declaration made by a director of its subsidiary Duta Skyline Sdn Bhd without written approvals from the boards of Seacera and Duta Skyline.
— The Sun Daily

Ensure substantive deliverables when Malaysia hosts Apec 2020, says Dr M
Malaysia needs to show firm commitment to produce substantive deliverables when Putrajaya becomes the host of the Asia-Pacific Economic Cooperation (Apec) next year, says Prime Minister Tun Dr Mahathir Mohamad.
— Malay Mail

Impossible for Kelantan govt to be unaware of mining area in Kuala Koh: Deputy minister
Deputy Minister of Water, Land and Natural Resources Tengku Zulpuri Shah Raja Puji today said that it was impossible for the Kelantan state government to be unaware that there was an iron ore mining area near the settlement of Orang Asli of the Batek tribe in Kuala Koh, Gua Musang.
— The Sun Daily

Kelantan govt’s ignorance of iron ore mining activity near Orang Asli settlement ‘absurd’, says deputy minister
Deputy Minister of Water, Land and Natural Resources Tengku Zulpuri Shah Raja Puji today said that it was impossible for the Kelantan state government to be unaware that there was an iron ore mining area near the settlement.
— Malay Mail

Person with suspected rabies infection seeking treatment at SGH – Uggah
A person suspected of being infected with rabies is now seeking treatment at Sarawak General Hospital and could be the 19th rabies human case if test result is positive. This came more than a week after rabies claimed the life of its 17th victim, a 26-year-old man from Batu Kawa, died at.
— The Borneo Post

72,891 nabbed for drug-related offences: Kamarulzaman
A total of 72,891 individuals have been detained nationwide from early January to May 16 this year for suspected drug-related offences.Bukit Aman Narcotics Criminal Investigation Department (NCID) acting director Datuk Kamarulzaman Mamat said of the total detained, 67,887 were locals.
— The Sun Daily

Seacera posts quarterly net loss of RM102m
Seacera Group Bhd reported a net loss of RM102.15 million for three months ended March 31, 2019.The net loss was due to impairment of plant, machinery and equipment due to permanent shutdown of the tiles factory of RM23 million; impairment of amount due from associate company.
— The Sun Daily

Look closely into your party regulations, senior DAP leaders urged
Parti Bumi Kenyalang (PBK) has called on the senior leaders of the Democratic Action Party (DAP) to look closely into their party regulations. In response to claims from DAP Sarawak chairman Chong Chieng Jen and organising secretary Violet Yong that PBK’s newly minted chairman Voon.
— The Borneo Post

Ex-aide says Zuraida ‘good boss’, but quit because no confidence in Pakatan
Ahmad Soffian Mohd Shariff finally disclosed that his reason for resigning as Zuraida Kamaruddin’s press secretary was linked to his lawyer wife’s abrupt removal from the ongoing inquest of firefighter Muhammad Adib.
— Malay Mail

InvestKL CEO steps down after 8 years of service
InvestKL CEO Datuk Zainal Amanshah (pix) will leave the agency upon completion of his contract on July 10, 2019, after serving a full term of eight years.Zainal was appointed the first CEO in 2011.
— The Sun Daily

PAS calls for Islamic court action against man who confessed to gay sex in video
Muslims should not bear false witness, but those who admit to sin should be punished, PAS deputy president Datuk Tuan Ibrahim Tuan Man said today in response to a viral homosexual video purportedly implicating a Pakatan.
— Malay Mail

Police seeking information on viral video clip of woman abusing child
Police are seeking information on a video clip showing a woman badly abusing a child which has gone viral on social media.Royal Malaysia Police Corporate Communications head Datuk Asmawati Ahmad in a statement here today said so far no one had lodged a police report on the.
— The Sun Daily

Premiums won’t go up for current ILP policyholders: LIAM
Insurance premiums will not be going up for current investment-linked product (ILP) policyholders following the implementation of new guidelines for ILPs by Bank Negara Malaysia (BNM) on July 1, 2019, says Life Insurance Association of Malaysia (LIAM).
— The Sun Daily

 

Feature photo Malaysian Pharmaceutical Society

This week’s Malaysia morning news feature photo acknowledges World Blood Donor Day, June 14.

 

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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