Malaysia morning news for May 9

Malaysia morning news for May 9

Malaysia morning news

One Year in, Mahathir Gets Mixed Result on Malaysian Economy
A year after a shock election win, Malaysia’s government is fighting perceptions that its management of the economy deserves poor marks.
— The Edge Markets

Race still an issue in Malaysia Baharu, says Dr M
Pakatan Harapan needs the support of all Malaysians – regardless of race and religion – and must work hard to ensure that everyone is satisfied with the government, says Prime Minister Tun Dr Mahathir Mohamad (pic).
— The Star Online

737 additional domestic flights for festive season
The two largest local airlines, AirAsia and Malaysia Airlines (MAS), will have additional 737 domestic flights during this festive season, the Dewan Negara was told yesterday. Deputy Transport Minister Datuk Kamarudin Jaffar said the proposal had been agreed upon by the parties.
— The Borneo Post

Alipay’s average overseas spending per user grows 11 per cent to RM1,100 in SEA region
Malaysia is the seventh largest market worldwide for Chinese tourists overseas spending, moving up from ninth place year-on-year, ahead of Singapore for the first time since the inception of Alipay in May 2017.
— New Straits times

Health Ministry earns plaudits for smoking ban in eateries
Health Minister Datuk Seri Dzulkefly Ahmad became a household name in October last year following his ministry’s announcement that smoking will be banned in all eateries, including open-air hawker centres, beginning Jan 1.
— Malay Mail

Malaysia respects Thailand’s decision on Kra Canal project
The Malaysian government will respect Thailand’s decision if the kingdom wants to go ahead with the Kra Canal project, the Dewan Negara was told today.
— New Straits Times

Malaysians spend more time looking at properties than going to the gym or reading
Malaysia is the most property obsessed country in the Southeast Asia and ranked at fourth place globally after the United Arab Emirates, the United States and Taiwan, according to HSBC Malaysia.
— The Star Online

M’sia issues protest note to Vietnam over repeated encroachments
The Malaysian government today handed over a protest note to Vietnam’s envoy expressing its objection to repeated encroachments by Vietnamese fishing vessels into Malaysian territorial waters.
— Malaysiakini

Global telecom decision makers optimistic of 5G business outlook
Global telecom decision makers are optimistic of 5G business outlook and are moving forward aggressively with deployment plans, according to a report released by Vertiv, a US-based technology company, together with technology analyst firm 451 Research.
— The Star Online

Global MNCs in KL grooming world-class local talent
INDUSTRY 4.0 is reshaping economies around the world with rapid technological advancements. By providing an enabling eco-system to thrive in these new technologies, the country will continue to attract high-growth investment from various industries, especially in the high-value services sector, providing regional high-paying jobs.
— New Straits times

JAL and Malaysia Airlines aim to form ‘joint venture’
Japan Airlines and Malaysia Airlines are entering a flight-sharing and marketing tie-up, as the Japanese carrier takes another step to expand its Asian alliances since it was freed from government restrictions in 2017.
— Nikkie asian Review (paywall)

Foreign banks don’t expect another OPR cut by Malaysia this year
JPMorgan Chase Bank and OCBC Bank do not expect another overnight policy rate (OPR) cut this year, despite the ever moderating global economy.
— New Straits Times

Sarawak entrepreneurs to promote products in international trade fairs
The Sarawak Ministry of International Trade and E-Commerce will coordinate seven trade expositions, mostly in foreign countries in the second half of the year to exhibit and promote various products from Sarawak.
— The Sun Daily

Grab Malaysia offers cash reimbursements to help e-hailing drivers cope with new regulations
Grab Malaysia has announced that the company will be offering cash reimbursements to e-hailing drivers as they go through the process of applying for the Public Service Vehicle (PSV) Licence.
— The Star Online

7-Eleven Malaysia opens 2,323rd store
7-Eleven Malaysia Holdings Bhd, through its wholly owned subsidiary 7-Eleven Malaysia Sdn Bhd, launched its 2,323rd store in Plaza Arkadia, Desa ParkCity here this morning.
— The Sun Daily

Vietnamese woman in Kim Jong-nam assassination faces Malaysia ban
The Vietnamese woman who accepted a plea bargain to escape a murder charge may be banned from reentering Malaysia.
— VnExpress

Emergency, Confrontation bonded Malaysia and Australia closer
Peace cannot be secured by avoiding responsibilities or the denial of realities, a visiting top Australian general said recently.
— New Straits times

MIDF maintains positive outlook on automotive sector
MIDF says the decision to cut OPR rates has the potential to improved consumer spending.
— FMT News

Running fowl of the law: Four charged with transporting poultry on bus
Four men have been charged at the magistrate’s court here for illegally transporting 13 chickens in an express bus from Kelantan to Johor.
— The Star Online

SRC trial: BNM official says Najib won’t be tipped off on suspicious transactions in his account
Datuk Seri Najib Razak would not be alerted if suspicious transactions were detected in his personal bank accounts as it would go against the country.
— Malay Mail

Govt, police file forfeiture suits against Najib and Rosmah over items worth RM711mil
Two civil forfeiture suits have been filed by the government and the police against former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and several others to seize RM711mil worth of items, which were allegedly bought using 1Malaysia Development Berhad.
— The Star Online

Kulim Airport project important for country’s tourism industry: Mohamaddin
The construction of the Kulim International Airport (LTAK) in Kedah is one of the most important projects which will contribute to the country’s tourism industry, says Minister of Tourism, Arts and Culture Datuk Mohamaddin Ketapi (pix).
— The Sun Daily

Miri embarks on ‘Say No To Plastic Straws’ campaign
As part of its effort to reduce the usage of straws, the Miri City Council (MCC) has embarked on a ‘Say No To Plastic Straws’ (Tak Nak Straw) campaign.
— New Sarawak Tribune

MCMC denies spying on mobile phone users
The Malaysian Communications and Multimedia Commission (MCMC) has denied allegations that certain individuals’ mobile phones were being monitored and spied on by the authorities in the country.MCMC in a statement today said the claims were false and baseless.
— The Sun Daily

RM16.9mln allocation for four drainage works: Dr Sim
The state government has allocated RM16.925 million this year for four urban drain improvement projects at Kampung Gita in Kuching, Kampung Jeriah and Kampung Bahagia in Sibu, and Taman.
— New Sarawak Tribune

National awareness plan on managing cybersecurity, cybercrime at year-end
A national awareness plan on the management of cybersecurity and cybercrime will be launched at the end of this year, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said today.
— The Borneo Post

‘ECRL may boost GDP growth by 2.7%’
MIDF Research estimates the revised and revived RM44 billion East Coast Rail Link (ECRL) project to contribute 2.7% to Malaysia’s economic growth.”However, the full estimated GDP contribution will depend on the pace of spillover effects to other economic sectors,” the research.
— The Sun Daily

CE Technology to raise RM12.48 mln to fund expansion plans
Malaysia’s second largest cleanroom gloves exporter, CE Technology Bhd aims to raise RM12.48 million from the listing on the Leading Entrepreneur Accelerator Platform (LEAP) Market of Bursa Securities, which will be utilised mainly for its expansion plans. — The Borneo Post

Video of pervert filming breast, private parts of unconscious woman goes viral
A video showing a man molesting an unconscious woman in a car went viral on the social media yesterday. Police have yet to determine where the incident took place.
— The Sun Daily

Penang-based green group calls for crackdown on garbage pile along Perai river bunds
Irresponsible parties have been dumping solid waste, including industrial waste, along river bunds in Southern Seberang Perai for at least a few years without action being taken against them, a non-governmental group (NGO).
— Malay Mail

MIDF Research sees ringgit trading at 4.1 to US$ by end 2019
MIDF Research has revised downwards its ringgit outlook and sees the local currency trading at 4.10 to the US$ by end-2019 as more risks emerge.
— The Star Online

BNM’s decision to cut OPR due to external factors, say research houses
Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3.0% yesterday, was due to external factors that have dampened global trade and investments, said research houses of banks.
— The Sun Daily

A year later, small businesses say feeling the pinch from Pakatan’s costly reforms
To small or startup firms, reforms are not necessarily good for business.
— Malay Mail

Ministry to hold 57 devt programmes this year
The Tourism, Art, Culture, Youth and Sports Ministry will be organising 57 development programmes for Sarawak youths this year. Its minister Datuk Abdul Karim Hamzah said the ministry will continue.
— New Sarawak Tribune

KLCCP profit up slightly in Q1, declares 8.8 sen dividend
KLCCP Stapled Group recorded a net profit of RM183.96 million for the first quarter ended March 31, a slight increase of 1.8% from RM180.67 million registered in the corresponding quarter of the previous year, underpinned by stronger contribution from the retail and management.
— The Sun Daily

Car-for-sale scam syndicate still operating with impunity despite reports, arrests
The main people behind a car scam syndicate, that targets vehicle owners who sell their cars online, continue to elude police. The mastermind remains at large, while two suspects who were caught last week were released barely a day later despite the fact that one of them confessed to.
— The Sun Daily

Sarawak govt seeks federal funding for start of English in Maths and Science next year
The Sarawak government hopes to receive federal funding when primary schools statewide begin teaching Mathematics and Science in English starting January 2020.
— Malay Mail

No more blank cheques for GLCs, former finance minister urges Putrajaya
Government-linked corporations’ (GLC) profligacy in the last decade was partially responsible for Putrajaya’s dry coffers now, Tun Daim Zainuddin said.
— Malay Mail

61 notices issued to traders not displaying price tags
The Ministry of Domestic Trade and Consumer Affairs issued 61 warning notices to operators of eateries throughout the country who did not display price tags on the first day of Ramadan.Head of the Pricing Unit, Price Control and Anti-Rationing Enforcement Division, Mazlina Ahmad said.
— The Sun Daily

Over RM30 mln in direct delegate expenditure in Q1 ’19
Sarawak has secured 21 business events during the first quarter of this year, which translates to approximately RM30,330,300 in direct delegate expenditure, which will be disbursed from 2019 to 2022.
— New Sarawak Tribune

Mitraf 21 to showcase host of products, services
See Hua Marketing Sdn Bhd (SHM), in collaboration with Bintang Megamall, will be holding the 21st edition of Miri Trade Fair 21 (Mitraf 21) from tomorrow (May 9) till Sunday.
— The Borneo Post

Hartalega Q4 profit dragged down by strong ringgit
Nitrile glove manufacturer Hartalega Holdings Bhd recorded a 21.7% decline in net profit for the fourth quarter ended March 31 from RM116.65 million a year ago, due to the inability to pass the rapid rising cost arising from the strengthening of the ringgit within a short period of.
— The Sun Daily

SRC trial: AmBank punished for not flagging dodgy transactions in Najib’s accounts
AmBank was previously penalised by Bank Negara Malaysia (BNM) over its failure to report suspicious transactions in Datuk Seri Najib Razak’s accounts from the time these were opened until they were closed, the High Court.
— Malay Mail

Met Dept: Northern states to experience heavy rain, strong winds
Perlis, Kedah and Penang will experience heavy rains, strong winds and turbulent seas following the start of the southwest monsoon season on Monday.
— Malay Mail

 

Feature photo Yn. Abdul Aziz

This week’s Malaysia morning news feature photo acknowledges the commencement of Ramadan, May 6.

 

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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