Malaysia morning news for May 16

Malaysia morning news for May 16

Malaysia morning newsMIDA sets up dedicated team to promote development along ECRL route
The Malaysian Investment Development Authority (MIDA) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Railway Link (ECRL) project.
— The Star Online

Stats show males outnumbering females in Malaysia as population stands at 32.66 million
Malaysia’s population for the first quarter of 2019 is estimated at 32.66 million, with the male population now outnumbering females, according to the Statistics Department.
— Malay Mail

Singapore-Malaysia maritime boundary delimitation committee holds first meeting
A committee set up to discuss boundary delimitation in the waters between Singapore and Malaysia has held “constructive discussions” in its first meeting, said Singapore’s Ministry of Foreign Affairs (MFA) on Wednesday (May 15).
— Channel NewsAsia (very annoying popups)

Malaysian durian reach important turning point in export to Chinese market
Experts from General Administration of Customs of the People’s Republic of China (GACC) were in Malaysia at end of April 2019 to audit and examine durian orchards and pack house facilities to pave the way for the final approval for Malaysia durian to be imported into China in the form of frozen whole fruit durian.
— Fresh Plaza

Question Time for Ministers to be introduced in Malaysia’s Parliament this July
The introduction of Prime Minister (PM)’s Question Time is one of the latest changes to Malaysia’s Parliament sessions that will be implemented in July this year, according to Deputy Speaker Nga Kor Ming.
— The Online Citizen

Dr Mahathir confesses to being baffled by his mobile phone, admitting today’s technology is confusing to old people
In the presence of 500 alumni members of the Sultan Abdul Hamid Old Collegians Association (Sahoca), Tun Dr Mahathir Mohamad admitted he does not know how to fully utilise his smartphone. The candid disclosure took place on Monday (May 13) during the organisation’s breaking of fast event.
— The Independent

Cahya Mata Sarawak registers 4.6% rise in Q1 earnings
Cahya Mata Sarawak Bhd (CMSB) saw its net profit increase 4.6% to RM40.76 million for the first quarter ended March 31, 2019 compared with RM38.98 million in the same quarter a year ago, driven by higher contribution from its core businesses, namely cement, construction materials.
— The Sun Daily

Govt wants Malaysia to be known for integrity, anti-corruption: Dr Wan Azizah
Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the Pakatan Harapan government wants Malaysia to be known as a country of integrity and anti-corruption in the international arena.
— New Sarawak Tribune

SRC trial: Ihsan Perdana got RM40m a year to run CSR schemes dictated by BN, Umno leaders
Ihsan Perdana Sdn Bhd was given RM40 million in annual grants from Yayasan 1MDB (Y1MDB) and Yayasan Rakyat 1Malaysia (YR1M) to conduct Corporate Social Responsibility (CSR) programmes in areas held by Barisan Nasional (BN).
— Malay Mail

M’sia must not bow to international pressure on LGBT issues, says Anwar
Malaysia must not bow down to international pressure over lesbian, gay, bisexual and transgender (LGBT) issues, says PKR president Datuk Seri Anwar Ibrahim.
— The Star Online

Malaysian teen took own life after Instagram pollby
Patrick Lee A Malaysian teenager who posted an Instagram poll asking if she should live or die took her own life after a majority of respondents voted for the latter, sparking calls for an investigation. The unidentified 16-year-old from Kuching in eastern Sarawak state died after posting the …
— The Online Citizen

MBSB posts lower net profit in Q1 on higher expected credit losses
Malaysia Building Society Bhd (MBSB) posted lower net profit of RM83.83mil in the first quarter ended March 31, 2019 due to higher expected credit losses (ECL).
— The Star Online

Mida establishes dedicated team to promote development along ECRL project
The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Railway Link (ECRL) project.
— The Sun Daily

Malaysia’s population increased to 32.29m in Q1
Malaysia’s total population for the first quarter of 2019 rose by 1.1% to 32.66 million from 32.29 million while males outnumbered females by 107 to 100.
— The Star Online

Mida unit tasked with driving development along ECRL corridor
KUALA LUMPUR, May 15 — The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the…
— Malay Mail

EC should launch inquiry into transfer of military voters, says Kit Siang
The Election Commission (EC) should hold an inquiry on whether it had acted unlawfully in complying with the directive by the previous Barisan Nasional (BN) government to illegally transfer military voters to shore up the support for four former ministers for the 14th General.
— The Sun Daily

Mavcom aware of judicial review application filed by AirAsia, AirAsia X
The Malaysian Aviation Commission (Mavcom) is aware and takes note of a judicial review application against the commission filed by AirAsia Bhd and its long haul affiliate, AirAsia X Bhd.
— The Sun Daily

Investors can use Malaysia to tap Asean market: Azmin
Malaysia should take the opportunity to convince foreign investors to use the country as a base to penetrate the Asean market, says Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pix).
— The Sun Daily

Govt to discuss with EC on restriction involving cabinet ministers: Mahathir
The government will discuss with the Election Commission (EC) on the restriction on Cabinet ministers to campaign during working hours, said Prime Minister Tun Dr Mahathir Mohamad.
— The Sun Daily

Impact from OPR cut just temporary, says BIMB CEO
BIMB Holdings Bhd (BHB) expects the impact from the recent cut in the overnight policy rate (OPR) to be temporary.
— New Sarawak Tribune

Avoid making provocative statements, stop fighting over petty issues: IGP
Inspector-General of Police Datuk Seri Abdul Hamid Bador has advised Malaysians to avoid being provocative or to fight over petty issues.He said there were groups out to put a new spin to statements (made in the public sphere) to cause chaos in the country.
— The Sun Daily

3G lease cessation minimal impact, says Maxis
Maxis Bhd sees the cessation of the 3G radio access network (RAN) lease arrangement by U Mobile Sdn Bhd to have minimal impact on its 2019’s earnings before interest, taxes,
— New Sarawak Tribune

Wang Kelian RCI proceeding enters 10th day
The Royal Commission of Inquiry (RCI) into the discovery of temporary transit camps and mass graves in Wang Kelian, Perlis continues today in its 10th day of hearing with the 27th witness.
— New Sarawak Tribune

Apparel company fined RM40,000 for possession of imitation Fipper slippers
An apparel company was fined RM40,000 by the sessions court here today for the possession of 5,556 imitation Fipper slippers.Judge Manira Mohd Nor meted out the fine on ZC Fashion Sdn Bhd after the company director, Tan Hock Chuah, 39, pleaded guilty to the charge.
— The Sun Daily

KLCS to hold ‘i-Shave 7.0’ fund raising event for Palliative Care Centre project
The Kuching Life Care Society (KLCS) is short of the RM2 million it needs for its Hospice and Palliative Care Centre project. Its chairman Hung Sung Huo said the cost of the building as well as medical equipment, electric beds and relevant software is estimated to be around RM10 million.
— The Borneo Post

SRC trial: RM42mil transferred to Najib between Dec 2014 and Feb 2015 for CSR
Some RM42mil from the bank account of Ihsan Perdana Sdn Bhd was transferred to two AmBank accounts belonging to Datuk Seri Najib Razak for the purpose of corporate social responsibility (CSR), the High Court heard.
— The Star Online

Wisma Putra puzzled M’sia still listed as Rome Statute signatory on UN website
Wisma Putra is seeking the United Nations (UN) explanation on Malaysia’s latest status on its removal as a signatory of the Rome Statute of the International Criminal Court (ICC).
— The Star Online

MBSB’s Q1 profit tumbles 73.5% on higher expected credit losses
Malaysia Building Society Bhd’s (MBSB) net profit slumped 73.5% to RM83.83 million for the first quarter (Q1) ended March 31, 2019 against RM316.79 million in the previous corresponding period, dragged down by higher expected credit losses.
— The Sun Daily

S&P Global Ratings says tech at heart of US-China dispute
Technology is at the heart of the US-China dispute as technology, not the bilateral trade deficit, is the key US focus, S&P Global Ratings says.
— The Star Online

Poll: Malaysia’s economic growth likely to have slowed in Q1
Malaysia’s economic growth pace likely slowed in the first quarter, due to tepid consumption and softer global demand as a result of the US-China trade war, a Reuters poll showed.The poll of 13 economists predicted the economy will grow at a median rate of 4.3% in January-March,
— The Sun Daily

Heed ban on taking part in election campaign during working hours, Bersih tells ministers
The decision to ban ministers from taking part in election campaigns during their working hours should stay, never mind that the prime minister has called for a relaxation, according to Bersih 2.0.
— The Sun Daily

Wisma Putra says checking why Malaysia still on Rome Statute list after withdrawal
Wisma Putra will ask the United Nations (UN) Resident Coordinator for Malaysia to explain on the current status and process of Malaysia’s withdrawal as a signatory of the Rome Statute of the.
— Malay Mail

Anwar says hammering out details on PM transition
Datuk Seri Anwar Ibrahim said the specifics of his succession of Tun Dr Mahathir Mohamad as the prime minister are currently being discussed. He said this after he was asked when he would become prime minister as tomorrow will mark.
— Malay Mail

Wang Kelian RCI: Customs had prior knowledge of camps, but did not react due to insufficient leads
The Customs Department had prior information of the existence of human trafficking camps in Wang Kelian, Perlis before it was first discovered in January 2015, but could not act due to insufficient leads.
— The Sun Daily

BIMB CEO sees temporary impact from OPR cut
BIMB Holdings Bhd (BHB) expects the impact from the recent cut in the overnight policy rate (OPR) to be temporary.
— The Star Online

Penang PAS claims state’s reclamation will sideline the poor, destroy environment
The Penang government’s insistence on reclaiming land to create three artificial islands will only sideline the poor and destroy the environment, the state’s sole PAS assemblyman said today.
— Malay Mail

Agreement to send Malaysian workers to Japan not finalised yet
The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, said Human Resource Minister M Kula Segaran.
— The Borneo Post

Cahya Mata Sarawak posts 4.4% higher 1Q net profit of RM40.76m
Cahya Mata Sarawak Bhd’s (CMS) net profit for the quarter ended March 31 rose 4.4% year-on-year (y-o-y) to RM40.76mil on the back of higher contributions from the group’s core businesses.
— The Star Online

Anwar ticks off Clooney on Malaysia’s anti-gay stand
Human rights concerns are no excuse to dictate Malaysia’s policies, says PKR chief.
— FMT News

UEM Edgenta eyes double-digit profit growth in FY19
UEM Edgenta Bhd is targeting a double digit growth in earnings this year driven by margins improvement, operational efficiency and new jobs.
— The Star Online

Bursa Malaysia rebounds, but settles below 1,600 psychological level
The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from earlier losses to finish the day just a whisker below the 1,600 psychological level, on fresh hopes over the US-China trade deal after US President Donald Trump said he will meet President Xi Jinping at the G20 Summit in June.
— The Sun Daily

 

Feature photo udeyismail

This week’s Malaysia morning news feature photo acknowledges Vesak Day, May 18. 

 

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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