Malaysia morning news for June 28

Malaysia morning news for June 28

Malaysia morning news

Budget 2020 to focus on shared prosperity through high income economy
Budget 2020 will focus on the government’s shift towards high-quality growth to achieve developed nation status.”At the same time, it is important that the growth must be felt by all segments of our society,” Finance Minister Lim Guan Eng (pix) said today.
— The Sun Daily

Malaysia posts net FDI inflows of RM32.6b in 2018
Malaysia’s foreign direct investment (FDI) recorded net inflows of RM32.6 billion in 2018 against RM40.4 billion a year before.
— The Star Online

Singapore Airlines, Malaysia Airlines sign deal to expand codeshare ties
National carriers Singapore Airlines (SIA) and Malaysia Airlines (MAS) on Thursday (Jun 27) signed a preliminary agreement that could see them “significantly” expand codeshare flights.
— Channel NewsAsia

Guan Eng: Low inflation rates show success in managing living cost
Inflation rates for March, April and May 2019 have been low and stable at 0.2% as the government is actively managing living cost pressures faced by the people, Finance Minister Lim Guan Eng said today.
— The Sun Daily

Guan Eng rejects claim govt broke, says still paying civil service unhindered
Finance Minister Lim Guan Eng dismissed today allegations that Putrajaya was bankrupt by pointing out that public workers continue to enjoy uninterrupted pay.
— Malay Mail

Did corporations charged for delivering goods to Najib knew it was stolen 1MDB money?
Malaysia’s new anti-graft chief wrecked havoc among the corporate world after the government filed a civil forfeiture suit against 41 entities comprising individuals, companies and political parties.
— The Independent

More than 377,000 Syabas customers face water disruption in Selangor
The Sungai Semenyih Water Treatment Plant (LRA), which has been temporarily shut down due to contamination in Sungai Semenyih is expected to begin operating by 11am Thursday.According to Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), the situation, however, would depend on the weather, flow of the river, as well.
— The Sun Daily

So what exactly is the Penang Transport Master Plan and how is it being funded?
The controversial Penang Transport Master Plan (PTMP) started out as a concept plan to arrest traffic and transportation issues in Penang back in 2009, just a year after Pakatan Rakyat (now Pakatan Harapan) took over.
— Malay Mail

Not compulsory for non-Muslim houses of worship to register with RoS, says interfaith council
MCCBCHST legal bureau chief says the RoS declared at a meeting with the council four years ago that there is no legal requirement for this.
— FMT News

DPLB will make rural areas conducive, close the disparity gap
The Rural Development Policy (DPLB) launched today will transform rural areas into attractive areas which are conducive to live, work and invest in, as well as close the disparity gap in development between people living in urban, rural and regional areas.
— The Sun Daily

Penang to push for tougher laws on illegal waste dumping
Penang will push for stricter legislation to address the illegal dumping of chemical and industrial wastes.The move is in response to a significant increase in the number of such cases on the mainland as well as the island. A total of 12 cases have already been detected this year, compared with eight in the five.
— The Sun Daily

Eco World International’s net loss narrows in Q2
Eco World International Bhd’s (EWI) net loss for the second quarter ended April 30, 2019 narrowed to RM11.98 million from RM26.46 million a year ago, due to recognition of revenue and profit by its joint venture projects in the UK following completion and commencement of handover of units sold to customers,
— The Sun Daily

Reduction in theft of motor vehicles
A coordinated effort among various agencies and trade groups has led to a drastic reduction in the theft of motor vehicles.A total of 35,953 cases of vehicle theft were reported last year, compared with 42,158 in 2017 and 48,411 in 2016.
— The Sun Daily

Land owner fined for allowing property to be used as garbage dumping site
A land owner was fined RM1,000 by the magistrate’s court here today for allowing his land to be used as a garbage dumping ground.Magistrate Shamsol Azwa Martadza meted out the fine on H’ng Boon Chai, 65, who pleaded guilty to the charge.
— The Sun Daily

Lynas extends loan with Japanese partner, to revamp Malaysia operations
Lynas Corporation said the 10-year extension to its loan agreement with long-term partner Japan Australia Rare Earths BV (JARE) will secure changes to its operations in Malaysia.
— Malay Mail

Full online bidding for Wilayah JPJ after ‘VDN’ plates net RM1.3mil
The Road Transport Department (JPJ) will fully implement the online bidding system in the Federal Territories after successfully collecting RM1.31mil for the “VDN” licence plate series.
— The Star Online

Lim: Ministry to highlight borrowing, tax and worker issues in preparing Budget 2020
The need to loosen borrowing procedures, tax matters and the hiring of foreign workers are among the main issues to be highlighted in the preparation for Budget 2020, Finance Minister Lim Guan Eng said.
— The Borneo Post

Power export in SEB’s plans
Sarawak Energy Berhad (SEB) hopes to supply power to Brunei and Sabah under the Borneo Grid by 2022. This cross-border interconnection may well be a precursor to SEB’s Asean.
— New Sarawak Tribune

Cost of Living Index to complement CPI
The government is currently designing a Cost of Living Index to complement the existing Consumer Price Index (CPI), said Finance Minister Lim Guan Eng.
— The Star Online

Labuan Corp tenders out three prominent projects
Local authority the Labuan Corporation (LC) has tendered out three prominent development projects as part of efforts to recover its investment and boost its coffers as well as the duty-free-island’s economy as a whole.
— The Star Online

Fitch Research sees ringgit trading at average 4.25 to US$ this year
Fitch Solutions Macro Research sees the ringgit weakening against the US dollar this year due to risks from the US-China trade tensions and is also slightly bearish over the longer term.
— The Star Online

Labuan Shipyard & Engineering files lawsuit against Icon Offshore over contract dispute
Icon Offshore Bhd’s wholly owned subsidiary Icon Ship Management Sdn Bhd (ISM) has been served with a writ of summons with the statement of claim filed by Labuan Shipyard & Engineering Sdn Bhd (LSE) over disputes in a contract.
— The Sun Daily

Criticised over Chinese calligraphy display, Guan Eng says also has Quranic verses in office
Finance Minister Lim Guan Eng defended today a pair of red-and-black Chinese calligraphy couplets in his office, telling critics these were standard festive greetings. He said the couplets photographed on a wall in his office.
— Malay Mail

Health minister calls for tact amid concern over backlash from drug law reform
Health Minister Datuk Seri Dzulkefly Ahmad said today the government must handle its plan to decriminalise drug dependency “with care and tact”.
— Malay Mail

Losses from 1MDB, corruptions hampered govt’s ability to spend – Lim
The government’s ability to spend more especially on the people’s welfare programme have been hampered by financial constraints due to losses sustained from 1Malaysia Development Bhd (1MDB) and other related corruptions cases, said Finance Minister Lim Guan Eng.
— The Borneo Post

Zahid now tops list with 87 charges, surpassing Musa, Najib, Rosmah
Datuk Seri Ahmad Zahid Hamidi has amassed the most criminal charges among prominent individuals from the Barisan Nasional era, accumulating 33 more today to bring his total to 87 counts.
— Malay Mail

PM urges farmers to embrace land consolidation, mixed farming to boost income
Prime Minister Tun Dr Mahathir Mohamad has called for small-scale farmers to embrace land consolidation and mixed farming as ways to improve their income, and subsequently, lift their standard of living.
— Malay Mail

Local IS threat: Militants still use Malaysia as recruitment base
Despite the defeat of Islamic State (IS) in Syria three months ago, Malaysia continues to serve as a base from which potential militants are radicalised and recruited for its cause.And instead of reaching out to potential recruits directly, IS now uses the Internet and the “Dark Web” as a medium to get to its.
— The Sun Daily

Zahid faces 33 more charges involving RM42.76 mln over visa system
Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi was charged in the Sessions Court today with 33 counts of having accepted bribes totalling RM42.76 million from a company over the overseas visa system, raising to 40 the number of such charges brought against him.
— The Borneo Post

Illegal dumping cases increasing at alarming rate in Penang, says Jagdeep
The number of illegal dumpsites in Penang is increasing at an alarming rate.
— The Star Online

We need to digitalise our economy, says Guan Eng
Wage growth has not kept up with living costs, Finance Minister Lim Guan Eng said today.”There is little comfort to take from GDP (Gross Domestic Product) growth if our wages do not increase as well,” he said in his keynote address at the 2020 Budget Consultation in Putrajaya.
— The Sun Daily

Tighten budget? FGV directors deserve only half of RM5.7m pay, says key shareholder
FGV Holdings Bhd’s board of directors should only be paid half of the proposed remuneration fees if they were serious about tightening the budget, key shareholder Koperasi Permodalan Felda (KPF) has said.
— Malay Mail

Mahathir shares life values, hopes for Malaysians
Prime Minister Tun Dr Mahathir Mohamad last night highlighted some of the life values that he cherished most as he told Malaysians to defend and nurture the country’s freedom.Addressing the ‘My Voice My Nation Malaysia 2019’ edutainment concert here tonight, the 93-year-old Dr Mahathir underscored important.
— The Sun Daily

Lack of enquiry-based thinking among the Malaysian students: Think tank
The lack of enquiry-based thinking among the Malaysian students is worrying, says the Academy of Sciences Malaysia. “It has been long discussed that most university or college students lack an inquisitiveness and are not brave enough to express their own views”, said Datuk Professor Dr Awg Bulgiba Awg Mahmud.
— The Sun Daily

Moody’s downgrades ratings of Petronas LNG
Moody’s Investors Service has downgraded Petronas LNG Ltd’s (PLL) foreign and local currency issuer ratings to “Baa1” from “A3” following the downgrade of PLL’s ultimate parent Petroliam Nasional Bhd’s (Petronas) rating to “A2” from “A1” last week.
— The Sun Daily

NetX partners 2Go Technologies for e-KYC platform
NetX Holdings Bhd has entered into a collaboration agreement with 2Go Technologies Group Ltd (2GO) for the development and deployment of electronic customer verification platform known as the e-KYC platform in Malaysia. NetX said the e-KYC platform is aimed as being a verified and widely accepted data passport,
— The Sun Daily

Nizar: Don’t view Bangladesh negatively just because of their workers here
Malaysians should not view Bangladesh negatively just because of their workers here, says Datuk Seri Mohammad Nizar Jamaluddin.
— The Star Online

LGE: You’re not off the hook just because you’re not in MACC list of 41
Parties not named in the Malaysian Anti-Corruption Commission’s (MACC) civil forfeiture list of 41 entities should not think they are getting away scot-free, says Finance Minister Lim Guan Eng.
— The Star Online

39 illegal immigrants arrested in food outlet and hostel raids
A total of 39 illegal immigrants were detained following raids on a food outlet and a workers’ hostel in Setia Alam.
— The Star Online

Govt tends to give too much, says PM
The plan to consolidate smallholdings into one big farm has faced many obstacles, according to Prime Minister Tun Dr Mahathir Mohamad.He said the government tends to give them everything, including too much support.”This is because we want them to earn money so that they can buy their own houses.
— The Sun Daily

Ex-DPM Zahid Hamidi slapped with another 33 charges over RM43m bribes from visa scheme
Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi claimed trial to 33 charges of accepting bribes worth RM42.76 million related to the Overseas Visa System and One Stop Centre in China, at the Sessions Court here.
— Malay Mail

Sungai Semenyih water treatment plant resumes operations
Operations at the Sungai Semenyih water treatment plant, which were shut down after a foul smell was detected from the raw water supply, fully resumed at 6am today.According to Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), the process of channeling the water to the distribution system and service ponds in the.
— The Sun Daily

Motorcyclist succumbs to injuries after accident
A motorcyclist succumbed to his injuries at the Asajaya clinic after he was involved in an accident at KM31 Jalan Kota Samarahan – Sadong Jaya around 8pm last night. State Traffic Investigation and Enforcement Department chief Supt Alexson Naga Chabu who confirmed the case, revealed that the deceased was.
— The Borneo Post

Five detained, RM800,000 fake electronic goods seized
The State Domestic Trade and Consumer Affairs Ministry enforcement unit yesterday raided a premises in Penampang which was reported to be a storage unit for counterfeit electronic goods. Deputy State Director Ravichandran a/l Vadivellu in a media statement said that the raiding team seized items worth about.
— The Borneo Post

CM: Put into practice Adenan’s advice to take good care of S’wak
Young Sarawakians are told to put into practice the advice of the late Pehin Sri Adenan Satem to take good care of Sarawak and defend the state from those wanting to disrupt its peace and unity.
— The Borneo Post

Syabas: Taps to flow again for 377,000 Selangor customers starting from this afternoon
The Sungai Semenyih Water Treatment Plant (LRA), which has been temporarily shut down due to contamination in Sungai Semenyih, is expected to begin operating by 11am today.
— Malay Mail

Penang Press Club to meet on refunding donation linked to 1MDB
The Penang Press Club will meet tomorrow to discuss refunding a RM50,000 donation received from a charity linked to the 1MDB strategic investment fundClub president Wong Soon Eng said that the club would discuss and sanction a move to return the donation in good faith.
— The Sun Daily

Dr M dismisses reports claiming Bersatu might delay party polls
Parti Pribumi Bersatu Malaysia will hold its inaugural party elections during its annual assembly this year, said Tun Dr Mahathir Mohamad in response to press reports claiming these may be delayed. T
— Malay Mail

 

Feature photo Khalzuri Yazid

 

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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