Malaysia morning news for June 6

Malaysia morning news for June 6

Malaysia morning news

Malaysian gov’t investigating visa fees
Claims of excessive fees by Scicom, the company responsible for managing Malaysian study visas, are being investigated by the country’s education ministry, but the company has hit back against what it says are “malicious allegations”.
— The Pie News

PM apologises for any shortcomings in the past year
Prime Minister Tun Dr Mahathir Mohamad wished all Malaysians Selamat Hari Raya and extended his apologies to the rakyat if there were any shortcomings.In his Hari Raya speech at the Prime Minister’s official residence here, he said Malaysia is a country that has always provided for the.
— The Sun Daily

Sales tax manifests Sarawak’s financial independence: Dr Sim
The passing of the five per cent sales tax on oil and gas this year marks the beginning of Sarawak’s financial independence which allows the state government to further.
— New Sarawak Tribune

Reintroducing GST would help cut govt debt, says economist
However, Barjoyai Bardai says the country’s debt situation is not worrying yet despite the increase in direct government debt.
— FMT News

Nomura: M’sia 4th biggest beneficiary of trade war
The Malaysian electrical and electronics (E&E) sector, as well as natural gas, were among the biggest beneficiaries of the ongoing trade war between the world’s two largest economic juggernauts.
— The Star Online

Motorcyclists receive free petrol from ministry
Some 500 lucky motorcyclists received early Hari Raya contribution from the Domestic Trade and Consumer Affairs Ministry yesterday. Domestic Trade and Consumer Affairs Deputy Minister Chong Chieng Jen officiated.
— New Sarawak Tribune

Petron spending US$100mil to upgrade PD refinery
Petron Corp is spending US$100mil until next year to complete the upgrade of its refinery in Malaysia and allow it to produce Euro 5 diesel, the Philippines Star reported.
— The Star Online

Govt initiatives to help poor will succeed only with people’s support: Mukhriz
Various initiatives aimed at helping the poor will only succeed if the people continue to support the government, said Kedah Mentri Besar Datuk Seri Mukhriz Mahathir.
— The Sun Daily

Ministers say Cabinet didn’t discuss Latheefa’s appointment as MACC chief
The appointment of Latheefa Koya as the new head of the Malaysian Anti-Corruption Commission (MACC) was not raised at all during Cabinet discussions, several ministers said today.
— Malay Mail

Money the problem, not confidence, say B40 entrepreneurs
They say financial constraints and uncertainties deter many from starting their own businesses, against a minister’s suggestion that lack of confidence is to blame.
— FMT News

Be grateful for being able to fast in peace: Mahathir
Prime Minister Tun Dr Mahathir Mohamad has called on Malaysians especially Muslims to be grateful for being able to carry out the Ramadan fasting without any disturbance and to celebrate Aidilfitri today.
— New Sarawak Tribune

All AWAS highway cameras working well, says RTD
The Road Transport Department (RTD) has refuted a news report claiming that only four out of 45 mobile automated enforcement system cameras on highways were operational.
— Malay Mail

Morning: traffic smooth on several highways
Traffic flow on most highways are reported to be smooth as of 9.30 am.A PLUS Malaysia Berhad spokesman when contacted said traffic was under control along PLUS’ highways, North South Expressway Central Link, Malaysia-Singapore Second Link Expressway, Butterworth-Kulim Expressway,
— The Sun Daily

Nancy welcomes Mahathir’s directive to lawmakers to declare assets
Gabungan Parti Sarawak (GPS) MPs have no problem declaring their assets as directed by Prime Minister Tun Dr Mahathir Mohamad, says Batang Sadong MP Datuk Seri Nancy Shukri.
— New Sarawak Tribune

VentureTECH invests RM100 mln to support high-tech businesses
VentureTECH Sdn Bhd, an investment company for high value-added and emerging industries, has invested about RM100 million in 13 investee companies since its inception a decade ago.
— The Borneo Post

PMB eyes RM5 billion in assets under management
PMB Investment Bhd, a wholly-owned subsidiary of Pelaburan MARA Bhd, is optimistic it can increase its asset under management (AUM) to about RM5 billion under its Vision 2022 plan from RM1.2 billion as at May 29, 2019.
— The Borneo Post

Latheefa’s MACC appointment not discussed in Cabinet, say ministers
However, they welcome her appointment, saying she is a capable individual with a proper understanding of the law.
— FMT News

PKR sec-gen confirms Latheefa sent in resignation via email, no longer member
PUTRAJAYA, June 5 — New Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya is no longer a PKR member, party secretary-general Datuk Seri Saifuddin Nasution Ismail confirmed today. Clarifying his remarks on her membership…
— Malay Mail

Malaysia’s ‘Open House’ ensures all are welcome on Eid
In Malaysia, Eid is not only a time for close friends and family. It is a time when people throw open their doors and invite others to join the festivities.
— Arab News

Visitors throng Seri Perdana for PM’s Raya open house
Malaysians from all walks of life turned up in their Sunday best today for the Prime Minister’s Hari Raya Open House at Seri Perdana here.
— Malay Mail

FAMA: Pasar Tani Keningau chalked up RM9.8m worth of sales in 2018
Federal Agricultural Marketing Authority (FAMA) Keningau recorded a cumulative sales total of RM9.8 million last year generated by traders at the Pasar Tani Kekal Tamu Ground (PTKTG) in Keningau, Sabah.
— Malay Mail

After Cradle CEO’s widow allowed bail, we take a look at how bail works in Malaysia
The Federal Court’s recent decision to allow bail for Samirah Muzaffar, charged with murdering her husband and Cradle Fund CEO Nazrin Hassan, has stunned many, both in the legal fraternity and outside.
— Malay Mail

CM’s Raya open house at BCCK
Chief Minister Datuk Patinggi Abang Johari Tun Openg and his wife are inviting members of the public to their Hari Raya open house at Borneo Convention Centre Kuching (BCCK).
— New Sarawak Tribune

Firms prepare for China tech investments
Asean’s digital economy is projected to exceed US$200 billion (US$1=RM4.17) by 2025 and many Chinese companies are looking to capitalise on this potential, said HSBC Malaysia, quoting a Google/Temasek report.
— The Borneo Post

Malaysian stocks receive upgrading boost
Malaysian stocks have received a much-needed upgrade from leading banks as the US-China trade war continues, leading investors to look elsewhere in the region for opportunities.
— irmagazine

Non-Sarawakian as CM? Not impossible under PH , says Dr Sim
It is not impossible that a change of government during the next state polls could see the appointment of a non-Sarawakian as chief minister. Minister of Local Government and Housing Datuk Dr Sim Kui Hian warned that based on precedents in Peninsular Malaysia and Sabah, such a scenario.
— The Borneo Post

Inova CEO sees big potential in online healthcare
Digital healthcare is exploding and many are scrambling to enter this market space. However, many companies lack an understanding of how health clinical pathways should be applied and managed.
— The Star Online

Thousands throng PM, cabinet ministers’ Aidilfitri open house
Thousands thronged the Prime Minister’s official residence, Seri Perdana for the Aidilfitri open house hosted by Tun Dr Mahathir Mohamad and Cabinet ministers since 10 am.
— The Borneo Post

Malaysia studio’s ‘No Straight Roads’, ‘RPG Time’ among BitSummit indie fest winners
Malaysia’s rock and EDM adventure No Straight Roads are among the many international winners at Japan’s indie game festival BitSummit 2019 at Kyoto.
— FMT News

Forge closer ties with your fellow Muslims, says Terengganu sultan in Raya message
Sultan Mizan Zainal Abidin of Terengganu today reminded the people in the state that Hari Raya was not merely a joyous occasion.
— Malay Mail

Quitting PKR won’t change perceptions of bias, analysts tell Latheefa
Even though newly-appointed Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya has resigned from PKR, the public will still fear that she may not be neutral in her undertakings, analysts said.
— Malay Mail

SUPP surprised Shafie appoints non-Sabahan as assemblyman
Sarawak United People’s Party (SUPP) is surprised that Sabah Chief Minister Datuk Seri Panglima Shafie Apdal has accepted the recommendation of Democratic Action Party (DAP) to appoint a non-Sabahan.
— New Sarawak Tribune

Three firms get nod to operate digital asset exchanges
The Securities Commission has registered three recognised market operators (RMO) to establish and operate digital asset exchanges (DAX) in Malaysia.
— The Star Online

Can-One accepts takeover offer for F&B Nutrition
Can-One Bhd’s board has accepted the takeover offer for its indirectly 100% owned unit F&B Nutrition Sdn Bhd from Asia Dairy Creations Sdn Bhd (ADCSB) that values the latter at between RM800mil and RM1bil.
— The Star Online

HSBC: Asean gearing up for next wave of Chinese tech investment
Asean’s digital economy is projected to exceed US$200bil by 2025 and many Chinese companies are looking to capitalise on this potential, said HSBC Malaysia, quoting a Google/Temasek report.
— The Star Online

 

Feature photo Jabatan Penerangan Malaysia/ Wazari Wazir

This week’s Malaysia morning news feature photo acknowledges Eid al-Fit, June 4-5.

 

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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