Malaysia morning news for November 22

Malaysia morning news for November 22

Malaysia morning news

How Islamic finance can work with fintech to promote financial inclusion in Malaysia
Islamic finance has recently gained popularity in the Southeast Asian market due to its advantages. Apart from being a promising instrument to build wealth, it is also being touted for its ability to ensure justice in society and promote financial inclusion.
— e27

1,000 Chinese nationals suspected in massive online scam syndicate arrested by Immigration
It was a busy Wednesday for Malaysian Immigration Department officials after they raided and arrested 1,000 Chinese nationals believed to be part of the largest online scam syndicate operating in the country.
— Coconuts

PM: Economic growth and social protection should be in parallel
Economic growth and social protection should be in parallel to ensure sustainable progress, Prime Minister Tun Dr Mahathir Mohamad said today.
— Malay Mail

Malaysian militant linked to US 9/11 attacks freed but restricted to Ampang
Malaysian authorities released known terrorist Yazid Sufaat yesterday after his detention without trial under the Prevention of Terrorism Act (Pota) expired, according to the police.
— Malay Mail

FDI into Malaysia is much bigger than before: Tun M
Foreign Direct Investment (FDI) into Malaysia is much bigger than before, according to Tun Dr Mahathir Mohamad.”FDI is much bigger than before that we should be very happy about,” the Prime Minister said.
— The Sun Daily

Petra Energy swings back to black with RM25m profit in Q3
Petra Energy Bhd returned to profitability as it posted a net profit of RM25.04 million for the third quarter ended September 30, 2019 compared to a net loss of RM26.97 million in the same quarter of the previous year, underpinned by higher contribution from all business segments.
— The Sun Daily

Immigration confirms 680 arrested in Cyberjaya in this year’s biggest single operation
The Immigration Department scores big after arresting 680 suspected scammers in this year’s biggest single operation.
— The Star Online

SME Corp to introduce E50 Club, focus on business networking and matching
SME Corporation Malaysia (SME Corp) will introduce the Enterprise 50 (E50) Club which offers a wide range of benefits for small and medium-sized enterprises (SME) on business networking, business matching and capital access.
— The Sun Daily

CM: Sabah to develop border towns to capitalise on Indonesia’s capital relocation
Sabah will develop four border towns and connecting roads in preparing for Indonesia’s planned relocation of its capital to Kalimantan, said Chief Minister Datuk Seri Shafie Apdal today.
— Malay Mail

CM: Be lenient on ferry used for repatriating illegals
The State Government has requested for leniency from the Transport Ministry with regards to the issue of ferry used for the repatriation of illegal immigrants back to the Philippines.
— The Borneo Post

10,190 fakes of branded shoes, slippers worth RM365,400 seized
A total of 10,190 pairs of fake shoes and slippers worth RM365,400, featuring popular brands, were seized in a bust on two premises in Taman Desa Bakti and one in Taman Seri Melati, Batu Caves, here today.
— The Sun Daily

UiTM Sabah grabs Diamond Award at International Invention Competition
Universiti Technologi Mara (UiTM) Sabah has won a Diamond Award in the International Invention and Innovative Competition (InIIC Series 2/2019) under the Higher Institution Students (Social Sciences) category held recently at Palace of the Golden Horses Hotel in Selangor.
— The Borneo Post

MBSB Q3 net profit up 40% to RM170m
Malaysia Building Society Bhd (MBSB) saw a 39.5% increase in its net profit for the third quarter (Q3) ended Sept 30 to RM170.16 million from RM121.96 million, due to the reversal of prior year overprovision of tax expenses, after it finalised taxation for 2018 during the quarter.
— The Sun Daily

Flying car or drone? Malaysian minister grilled in parliament over what to call air mobility project
The Malaysian government’s flying car initiative is really about air mobility, Entrepreneur Development Minister Mohd Redzuan Yusof clarified on Wednesday (Nov 20), after being heckled by opposition lawmakers who noted that it is a drone project.
— CNA

Johor tables RM2.3m budget surplus for 2020
The Johor government today tabled a surplus budget of RM2.36 million for 2020, it’s tenth since 2011.
— Malay Mail

MPI in talks with MoF to set up biodiesel stabilisation fund
The Ministry of Primary Industries is currently in talks with the Ministry of Finance (MoF) to set up a biodiesel stabilisation fund and has proposed that 3% of the windfall tax imposed on palm oil exporters be refunded and channelled back to the fund.
— The Sun Daily

[email protected] to commence beginning Q2 next year: Lim Guan Eng
The [email protected] initiative will commence in stages beginning in the second quarter of next year, Finance Minister Lim Guan Eng said today.
— The Sun Daily

Bill to lower age of elected, nominated assemblymen to 18 passed by Sabah assembly
The bill to amend Sabah’s State Constitution to allow lowering the minimum age of elected and nominated assemblymen to 18 years old from 21 has been passed at the state legislative assembly sitting on Thursday (Nov 21).
— The Star Online

Over one million traffic summonses issued this year
The Road Transport Department (RTD) has issued 1,028,387 summonses for various traffic offences nationwide, from early January to October this year.
— The Borneo Post

Major online scam syndicate masterminded by Chinese nationals smashed
The Immigration Department today busted the largest online scam syndicate believed to be run by Chinese nationals in the country.
— The Sun Daily

Survey finds Malaysians holding off big ticket spending due to dimmer hope for future
Malaysians are more hesitant to make major purchases like buying a house or a car now compared to half a year ago, according to a recent survey by global market research firm Ipsos.
— Malay Mail

Putrajaya studying Sosma arrest provisions for possible review
Putrajaya is examining the arrest provisions from the Security Offences (Special Measures) Act (Sosma) as part of the review of the security law, said Datuk Liew Vui Keong today.
— Malay Mail

Fighter jets, Sedition Act among hot topics at Dewan Rakyat today
The issue over national defence assets, pertaining to the Sukhoi Su-30MKM and MIG-29 fighter jets, is expected to be among hot topics at the Dewan Rakyat sitting today.
— The Sun Daily

Only 30% of TAED to be sold to investors
Chief Minister Datuk Seri Panglima Shafie Haji Apdal said that only 30 percent or 39 lots of the Tanjung Aru Eco Development (TAED) would be sold to investors for development.
— The Borneo Post

More water tanks needed for growing population – Peter
More water storage tanks are needed to cater for the growing population, said Infrastructure Development Minister Datuk Peter Anthony.
— The Borneo Post

M’sia on right track for big data, AI in education
Malaysia is on the right track in using big data and artificial intelligence (AI) for the benefit of children especially in ensuring future careers and avoiding mismatch of skills and talents.
— The Sun Daily

40pc revenue’s return: Sabah will continue discussion with federal govt
The Sabah state government will continue to discuss with the federal government regarding the refund of 40 per cent of revenue from Sabah, said Chief Minister Datuk Seri Mohd Shafie Apdal.
— Malay Mail

46,420 affordable homes built over last 17 years under RMR scheme
A total of 46,420 houses were constructed between 2002 and Oct 31 this year, out of a total of 50,289 applications approved under the government’s affordable housing scheme, ‘Program Rumah Mesra Rakyat’ (RMR).
— The Sun Daily

‘Facebook queries’ show many Sarawakians want independence, claims PBK
Parti Bumi Kenyalang (PBK) today claimed that many Sarawakians want Sarawak to be independent, regardless of what Chief Minister Datuk Patinggi Abang Johari Tun Openg has said.
— The Borneo Post

PAS supports Cabinet reshuffle, says Guan Eng should be first to go
Tuan Ibrahim Tuan Man criticises the allocations in the 2020 Budget, says Lim Guan Eng is still blaming the previous government for Malaysia’s debts.
— FMT News

Home Ministry does not recognise MCAC card
The Malaysian Clarification Authority Card (MCAC) issued to foreigners is not recognised, the Home Ministry (KDN) said in a statement today.
— The Sun Daily

Tuan Ibrahim: Guan Eng should be first to go if there’s a cabinet reshuffle
Finance Minister Lim Guan Eng should be the first to go in the event of a Cabinet reshuffle, says PAS deputy president Datuk Tuan Ibrahim Tuan Man.
— The Star Online

Solarvest to install solar panels at Teo Seng’s chicken farms, factories
Solarvest Holdings Bhd has signed a memorandum of agreement (MoA) with Teo Seng Capital Bhd to install solar photovoltaic panels across the latter’s chicken farms and factories in Johor.
— The Sun Daily

Hearing on Najib’s bid to obtain, inspect Justo’s documents on Dec 13
The High Court here today has fixed Dec 13 to hear former prime minister Datuk Seri Najib Abdul Razak’s application to obtain and inspect documents surrendered by Xavier Andre Justo to the Malaysian Anti-Corruption Commission (MACC) as part of the 1Malaysia Development Berhad (1MDB) investigations.
— The Sun Daily

Elderly woman loses over RM100,000 after being duped by three men
A 70-year-old woman was duped into parting with her savings of RM119,823 after three men promised to help her invest the money in an oil and gas company.
— The Sun Daily

WAO wants Act amended to also protect children, family members of domestic violence victims
There are proposals to further amend the Domestic Violence Act to better protect children and family members of abuse victims, says Deputy Women, Family and Community Development Minister Hannah Yeoh.
— The Star Online

Economically frustrated youths can bring unrest, Mahathir warns
There is a possibility of unrest in the country, like the ongoing Hong Kong protests, if the issue of youth unemployment is not addressed, Prime Minister Tun Dr Mahathir Mohamad has warned.
— The Sun Daily

Putrajaya mulls removing domestic abusers from family homes to protect victims
Abusive spouses could eventually be barred from their family homes as a way to prevent the victims from being forced into shelters, Hannah Yeoh told Parliament today.
— Malay Mail

Unfulfilled promises: Lip Eng slams PH over Lynas issue
A DAP lawmaker took Pakatan Harapan (PH) to task for failing to fulfil the pledges in its manifesto, which he claims was the reason for its drubbing in the Tanjung Piai election.
— The Sun Daily

KTMB to investigate hacking as possible cause of online ticketing glitch
A glitch with Keretapi Tanah Melayu Bhd (KTMB)’s online ticketing system caused severe disruptions during the first day of advanced ticket sales on Monday, and measures are already being put in place to avoid a repeat.
— Malay Mail

Show mercy on Malaysian facing execution: Liew Vui Keong
Malaysia is urging Singapore to show mercy on a Malaysian citizen who is scheduled to be executed on Friday for drug trafficking.
— The Sun Daily

First residential project at Tun Razak Exchange to be launched on Nov 25
Core Residence @ TRX, the first residential project at the Tun Razak Exchange (TRX) will be launched on Nov 25, according to a statement released by the project’s developer Core Precious Development Sdn Bhd.
— The Sun Daily

Let students decide the courses they want to study, says lecturer
Putrajaya’s proposed move to provide a list of jobs which are becoming irrelevant in Malaysia should only be advisory and students must have the liberty to choose their courses without coercion.
— The Borneo Post

Carousell to merge with Telenor Group’s online classified assets
Classifieds marketplace provider Carousell has signed an agreement with Norway’s Telenor Group, which will see it merging with 701Search – the owner of online marketplaces Mudah in Malaysia, Cho Tot in Vietnam, and OneKyat in Myanmar.
— The Sun Daily

 

Feature photo WPF Malaysian National Branch

This week’s Malaysia morning news feature photo focuses on World Philosophy Day, November 21.

 

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).

 

About Malaysia morning news.

Malaysia morning news roundup is the most comprehensive hand-curated selection of Malaysia English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Malaysia English language news today.

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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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