Malaysia morning news for May 29

Malaysia morning news for May 29

Malaysia morning news

Minister ships back 450 metric tonnes of plastic waste, brands Malaysian importers ‘traitors’
Malaysia will be shipping out 450 metric tonnes of contaminated plastic waste imported illegally from countries like UK, US, and China, minister Yeo Bee Yin said today.
— Malay Mail

FT minister clarifies ‘no more public hearings’ statement for new KL developments
Khalid Abdul Samad today explained an earlier statement regarding public hearings for new developments in the national capital following in the wake of confusion over his reported remarks.
— Malay Mail

Malaysia Tech Week 2019 brings together the best of the country’s tech ecosystem
MTW19 will feature a whole week of industry talks, workshops, business matching, breakout tracks and exhibitions Malaysia Tech Week 2019 is a city-wide festival of industry-driven events that will take place from 17th to 21st June this year in Kuala Lumpur.
— e27

Malaysia’s New Illegal Fishing Task Force in the Spotlight
A closer look at the role of the country’s newly formed task force in tackling a longstanding challenge.
— The Diplomat

Malaysia sugar tax: F&N looks to reformulate 70% of its products and considers price hikes
Beverage giant F&N Malaysia will be reformulating some 70% of its products to mitigate the effect of the country’s sugar tax, which is due to be implemented on July 1.
— Food Navigator

TNB posts lower Q1 earnings
Tenaga Nasional Bhd’s (TNB) net profit for the first quarter ended March 31, 2019 fell 26.6% to RM1.56 billion from RM2.12 billion a year ago mainly due to higher net loss on impairment of financial instruments and tax expense recorded in the current period.
— The Sun Daily

PetGas Q1 earnings up 6.7% to RM515mil, 16 sen dividend declared
Petronas Gas Bhd (PetGas), which saw its net profit grew 6.7% to RM515.46mil in the first quarter ended March 31, has proposed a dividend of 16 sen per share.
— The Star Online

Sarawak Economic Development Corp defends purchase of cattle property in Australia
The Sarawak Economic Development Corporation (SEDC) has defended its purchase of the Carmor Plains cattle property in Australia’s Northern Territory as a strategic investment to complement its existing Rosewood Cattle Station in Western Australia.
— The Star Online

Malaysia orders tonnes of imported waste to be returned
Malaysia has ordered several thousand tonnes of imported plastic waste to be sent back to the countries it came from.
— BBC

AmBank FY19 net profit rises to RM1.5b
AmBank Group’s net profit for the financial year ended March 31, 2019 rose by 32.9% to RM1.505bil from RM1.132bil in FY18, driven by its strong transformation strategy, net recovery and lower expenses.
— The Star Online

Hong Leong Bank Q3 net profit at RM633.9m
Hong Leong Bank Bhd’s net profit fell by 8.1% to RM633.89mil from RM690.03mil a year ago due to lower net income but mitigated by lower operating expenses, lower allowance for impairments and higher share of profit from associated company.
— The Star Online

Importers of contaminated plastic waste are traitors: Yeo
Importers of prohibited plastic waste are traitors to the country and stern action will be taken against them, said Energy, Technology, Science, Climate Change and Environment Minister Yeo.
— New Sarawak Tribune

Tenaga Q1 net profit down 26.5% to RM1.55b
Tenaga Nasional Bhd posted lower net profit in the first quarter ended March 31, 2019 on higher forex translation losses and higher finance costs.
— The Star Online

AmInvest Research upbeat on outlook of IOI Properties
AmInvestment Research is upbeat on the outlook of IOI Properties Group, anchored by a strong contribution from its property development projects, particularly in China and Singapore, stable income from property investments and its growing leisure and hospitality business.
— The Star Online

CIMB Research retains add for AWC, TP RM1.26
CIMB Equities Research has retained its add call for AWC with an unchanged target price of RM1.26, which is 80.6% above Monday’s closing price of 70 sen.
— The Star Online

Malaysia’s cybersecurity, forensic labs among most advanced in the world
Malaysia’s cybersecurity and its digital forensic laboratories are among the most advanced in the world, CyberSecurity Malaysia (CSM) chief executive officer Datuk Dr Amirudin Abdul Wahab said.
— The Sun Daily

Malaysia too hot to cycle in? It is more a mindset, says this Dutch cyclist
In the ongoing debate about bicycle lanes in Malaysia, our hot and humid climate has often been cited as a major reason for the failure of our cycling iniatives.
— New Straits Times

Senior citizen fined RM40,000 for running illegal dental clinic
As a result of running a dental clinic without a valid licence, a 64-year-old man was fined RM40,000 or eight months in prison by the Sessions Court here today after he pleaded to the charge.Kan Char Yin pleaded guilty before Judge Manira Mohd Nor.
— The Sun Daily

Asia’s top chocolate producers, including Malaysia, can’t meet growing demand
Demand from Asia’s growing legions of chocoholics has outpaced the ability of local farmers to supply cocoa beans, prompting a surge of shipments into the region from Africa and South America.
— The Star Online

Malaysia appeals to Saudi Arabia for Haj quota increase
Prime Minister Tun Dr Mahathir Mohamad has sent an official letter to the Saudi Arabia government requesting an increase in haj quota for the pilgrimage this year, said Tabung Haji chief executive officer Datuk Seri Zukri Samat.He said, however, the TH Board has yet to receive a reply.
— The Sun Daily

Average salary growth in ICT industry to moderate this year: Pikom
The average salary growth rate in the information and communications technology (ICT) is expected to moderate further to 3.8 per cent in 2019 in line with the lukewarm.
— New Sarawak Tribune

CAP wants end to plastic waste imports
The Consumer Association of Penang (CAP) today urged the government to completely stop importing plastic waste.
— Malay Mail

Always be grateful for Malaysia’s peace, says Dr Siti Hasmah
The prime minister’s wife Tun Dr Siti Hasmah Mohd Ali today urged Malaysians to always be grateful for the peace in the country and pray for the well-being of the security forces.
— Malay Mail

Proton launches 2019 Exora with lower price tag
Local carmaker, Proton, has launched the face-lift model of its multi-purpose vehicle (MPV), Exora, with a lower price tag.
— New Sarawak Tribune

Sarawak Forestry Corp intensifies patrols to curb wildlife trade during festive season
Weekly patrols conducted by the Sarawak Forestry Corporation (SFC) at the markets throughout the state to curb wildlife trade has been effective in reducing illegal activities,
— New Sarawak Tribune

AG urged to drop charges against activists who defended Penang flat dwellers
PSM submits request to Tommy Thomas to drop charges against two of its members who helped Rifle Range flat owners.
— FMT News

JB Umno Youth condemns PKR MP for gurdwara ‘buka puasa’ event
Johor Baru Umno Youth has condemned a “buka puasa” event that will be organised at a Sikh gurdwara here later today, claiming it was insensitive to Muslims. Its chief Hairi Mad Shah said his party also criticised Johor.
— Malay Mail

AGC staff not miracle workers, Tommy Thomas tells civil groups pushing legal reforms
The Attorney General Chambers (AGC) cannot perform “miracles” in implementing legal reforms, Tommy Thomas said today following criticism from several civil societies over Malaysia’s recent withdrawal from ratifying two.
— Malay Mail

Global Warming Threatens Future Of Malaysia’s Oil Palm Says Top Malaysian Crop Expert
Developing crop diversity is not a threat to Malaysia’s oil palm industry. Rather it could be a vital saviour, one of the world’s top crop scientists based in KL has been explaining to the country’s leading politicians, who appear to be listening.
— Sarawak Report

Witness: Najib gave broad ideas for 1MDB-funded CSR, could WhatsApp him
Datuk Seri Najib Razak personally gave ideas for corporate social responsibility projects to be carried out by Ihsan Perdana Sdn Bhd using funds provided by 1Malaysia Development Berhad (1MDB) and Yayasan Rakyat 1Malaysia.
— Malay Mail

Residents protest against 51-storey condo project at Jalan Bernama
A group of residents of Menara Inspirasi (Expressionz Professional Suites) at Jalan Bernama here have voiced their concern over the proposed construction of a 51-storey building next to their condominium.They claimed the building could worsen the traffic congestion in the area.
— The Sun Daily

Bring your own water bottles, Sarawak Rainforest festival goers told
The Rainforest World Music Festival (RWMF), one of Sarawak’s top events, is going greener in its 22nd edition this year.
— The Star Online

Court sets June 28 to hear transfer of Rosmah’s graft case to High Court
The application of the prosecution to transfer the case of Datin Seri Rosmah Mansor on charges of receiving RM5mil in bribes over a solar system project will be heard on June 28 at the High Court.
— The Star Online

IHH Healthcare to reduce forex risk in Turkey
IHH Healthcare Bhd aims to further reduce foreign exchange (forex) exposure to between US$300 million and US$350 million, from US$420 million currently in its Turkish home market where it has a 90% stake in Acibadem.IHH group CFO Low Soon Teck (pix) said that the group plans to .
— The Sun Daily

Environmental concerns inspire lecturer to innovate bamboo straw
Concerned with the threat of plastic straws on the environment especially marine life, a lecturer was inspired to come out with her own brand of bamboo straw as.
— New Sarawak Tribune

Businessman fined RM16,000 for possessing 243 Baya Weaver without licence
A businessman was fined RM16,000 or five months imprisonment by the Sessions Court here today after pleading guilty to a charge of keeping 243 Baya Weaver (Ploceus Philippinus) a protected species without a valid licence four years ago.
— The Sun Daily

‘Mental health issues must be managed head-on’
There are too many incidents involving suicide which is mainly caused by depression that needs to be duly managed.A recent case was of the teenage girl in Sarawak plunging to her death from a shop lot after people voted for her to die in an Instagram poll.
— The Sun Daily

Plastic waste brought to Perak not hazardous: DOE
The Perak Department of Environment (DOE) has given its assurance that the plastic waste brought into the state for recycling as alternative fuel is safe.Its director, Norazizi Adinan said based on monitoring, the waste obtained from local suppliers all over the country did not contain toxic.
— The Sun Daily

Tributes recall historian Khoo’s contributions to Malaysia
Politicians, academics, media personalities and former students paid emotional tributes today to Tan Sri Khoo Kay Kim, one of Malaysia’s most revered historians.
— Malay Mail

Customs Dept seizes smuggled liquor worth RM244,000
The Customs Department has seized contraband liquor worth more than RM244,000 at the Kuala Kedah cargo jetty here.
— The Star Online

Muslim lawyers’ group wants AGC’s explanation on why lawyer quit Adib inquest
A Muslim lawyers’ group urged the Attorney General’s Chambers (AGC) today to explain the withdrawal of a lawyer representing a ministry from Muhammad Adib Mohd Kassim’s inquest.
— Malay Mail

Police to review reports against ex-telco boss accused of molest
Police said today they will review all 17 reports made by Jason Lo’s ex-wife and his children after the former telecommunications company CEO denied allegations he molested his children.
— Malay Mail

Lawyer: Late treatment led to prisoner’s death by TB
A Sungai Buloh remand prisoner was said to have not been given timely and proper medical treatment, leading to his death from multiple organ failure due to disseminated tuberculosis (TB).
— The Sun Daily

Syed Saddiq: Stop labelling Syakilla as ‘diva’
Youth and Sports Minister Syed Saddiq Syed Abdul Rahman has urged people to stop labelling national karate queen Syakilla Salni Jefry Krishnan as a ‘diva’.
— New Sarawak Tribune

Social media platforms used by syndicates to recruit trafficking mules
Social media has become a boon for those involved in the drug trade. In a business that requires surreptitious communication and false identities, platforms such as Facebook offer the perfect cover.
— The Sun Daily

 

Feature photo baka_neko_baka

This week’s Malaysia morning news feature photo acknowledges Gawai Dayak Festival, June 1.

 

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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