Malaysia morning news for October 15

Malaysia morning news for October 15

Malaysia morning news

Dr M: Malaysia aims to be South-East Asia’s Industry 4.0 hub
Malaysia is targeting to be an Industry 4.0 hub in South-East Asia to regain its status as an Asian Tiger.
— The Star Online

Malaysia aspires to be global halal gelatine supplier
Malaysia is taking steps to become a supplier of halal gelatine for the global market, said Entrepreneur Development Minister Mohd Redzuan Md Yusof.
— New Sarawak Tribune

GDP growth projected to pick up to 4.8% next year
Malaysia’s GDP seen growing faster at 4.8% in 2020> Gross domestic product (GDP) growth is projected to improve marginally to 4.8% in 2020 from 4.7% in 2019.> Household spending, which accounts for 58% of GDP, will continue to spearhead growth, supported by a stable labour market and benign inflation.
— The Sun Daily

Opposition: 2020 Budget prioritises the rich, ignores lower income Malaysians
Opposition Leader Datuk Seri Ismail Sabri Yaakob (pix) has hit out at the government over what he described as a capitalist-oriented 2020 Budget that ignored the needs of lower income Malaysians.
— The Sun Daily

AirAsia named Asia’s leading low-cost airline at World Travel Awards Asia and Oceania 2019
AirAsia has continued its winning streak, taking out top honours at the World Travel Awards Asia and Oceania 2019 for the seventh year in a row.
— The Borneo Post

Trade war rejuvenates ‘Silicon Valley’ firms in Malaysia
Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders.
— Reuters

Paedophile ‘monster’, Richard Huckle, stabbed to death in jail
A man who sexually abused over 200 children while working as an English teacher before he was caught has been killed in jail.

Honghui Fruit and Vegetables invests 280 million yuan in Malaysian tropical fruit orchard
Honghui Fruit and Vegetables Joint-Stock Co., Ltd. (hereafter referred to as ‘Honghui Fruit and Vegetables’), announced on the 9th of October, 2019, their investment of 280 million yuan [39.5 million USD] in the subsidiary company Hong Kong Honghui for the establishment of a new subsidiary company in Malaysia.
— Fresh Plaza

Indian buyers slash Malaysian palm oil orders, say traders
Indian refiners have stopped buying Malaysian palm oil for shipments in November and December fearing New Delhi could raise import taxes or enforce other measures to curtail imports from Malaysia, five traders told Reuters on Monday.

World Bank actually mooted 35pc tax rate, Guan Eng says to defend new bracket
Finance Minister Lim Guan Eng revealed today Putrajaya’s move to introduce a 30 per cent income tax rate on those making RM2 million and more annually came from a World Bank proposal.
— Malay Mail

Petronas expands customer base with 3rd LNG break bulking STS transfer
Petroliam Nasional Bhd (Petronas), through its subsidiary, Petronas LNG Ltd (PLL), recently completed its third successful delivery of liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer to two buyers.
— The Sun Daily

Malaysia: Kuala Lumpur hotel creates Durian Room
The Corus Hotel Kuala Lumpur became the first hotel in Malaysia to have a room for durian tasting.
— Fresh Plaza

Penang exco calls for stiffer penalties for wrong, false import declarations
The Federal Government needs to impose stiffer penalties against parties who made false declaration of imported goods as a deterrent against the influx of unwanted shipments, particularly hazardous wastes, into the country.
— The Sun Daily

M’sia M&A deals to increase to 221 in 2020 : Report
Malaysia’s deal activity outlook is brightening, with research and analysis consultancy Oxford Economics expecting the number of mergers and acquisitions (M&A) transactions in Malaysia to increase to 221 deals in 2020, from an expected 218 deals in 2019.
— The Sun Daily

Ramasamy: Have White Paper on 1MDB and Zakir Naik as well (Updated)
White Papers on 1Malaysia Development Bhd (1MDB) and controversial Muslim televangelist Zakir Naik must be tabled in Parliament in line with a PAS proposal that similar action on the Liberation Tigers of Tamil Eelam (LTTE) be taken.
— The Sun Daily

Health minister: Govt mulls banning vaping devices, e-cigarettes completely
The government is studying the possibility of banning the use of electronic cigarettes and vaping devices completely, following reports of fatalities in the US and the UK.
— Malay Mail

Govt stands by roadmap on fiscal consolidation to restore economy: Guan Eng
The government has designed a three-year financial roadmap to put Malaysia back on fiscal track and restore the country’s economic health despite entrenched uncertainties brought about by the US-China trade war which has permanently reoriented the global supply chain.
— The Sun Daily

RM100m in collections expected from new tax band
The new tax band of 30% for those with a chargeable income of RM2 million a year is expected to generate about RM100 million for the government, according to Finance Minister Lim Guan Eng (pix).
— The Sun Daily

Report on 5G roll-out in final phase
The National 5G Task Force is now in the final phase of completing its report on the implementation of 5G before submitting it to the government within the.
— New Sarawak Tribune

Malaysia will benefit from Indonesia relocating its capital to Kalimantan
Malaysia will benefit from Indonesia’s decision to relocate its capital to East Kalimantan on Borneo island, Deputy Foreign Minister Datuk Marzuki Yahya told the Dewan Rakyat.
— The Star Online

Foreigners sell RM276.6m net on Bursa last week
Foreign investors sold RM276.6 million net of local equities last week, compared to RM770.8 million net sold the week before.
— The Sun Daily

G25 asks four public universities to explain role in Malay Dignity Congress
Four public universities and their vice-chancellors have a duty to explain to Malaysians their reasons for taking an active role in co-organising the recently held Kongres Maruah Melayu (Malay Dignity Congress), G25 said today.
— Malay Mail

Budget allocation will be used to modernise agriculture sector — Salahuddin
The Ministry of Agriculture and Agro-based Industry (MoA) will use a big chunk of its increased allocation as announced during the tabling of the 2020 Budget to modernise the agriculture sector.
— The Borneo Post

Each state will be allowed to decide the right price to sell properties to foreigners: Zuraida
Every state in Malaysia will have to decide what the appropriate threshold is for the sale of property to foreigners, although the general guideline is RM600,000 and above.
— The Sun Daily

A-G’s Report: Federal government should continue to increase revenue
The Federal Government has been advised to continue with efforts to increase revenue through various sources and to adopt prudent spending, said the Auditor-General’s Report 2018, the Federal Government’s Financial Statements.
— The Borneo Post

‘Maternity move’ to cost firms RM2.7b: MEF
Employers will see operational costs rise by RM2.7 billion a year if maternity leave for workers is extended to 90 days from the current 60 days.
— The Sun Daily

Higher taxes for the rich? Lim says our rate still among the lowest
Finance Minister Lim Guan Eng (pix) said today that even with the two-percentage point increase in income tax rate for those with taxable income in excess of RM2 million, the rate remains among the lowest in this region.
— The Sun Daily

Loke: Decision on RTS to be announced by next month
The decision to continue construction of the Johor Baru-Singapore Rapid Transit System (RTS) project will be announced by the end of this month, said Transport Minister Anthony Loke Siew Fook.
— Malay Mail

Guan Eng: HR Ministry will name cities involved in 2020 wage floor hike
Cities where the minimum wage will rise to RM1,200 next year under Budget 2020 will be announced by the Human Resources Ministry, Finance Minister Lim Guan Eng said today.
— Malay Mail

Malaysia to study impact of India’s planned trade action after Mahathir’s Kashmir comments
Malaysia’s Prime Minister Mahathir Mohamad said his government will monitor the trade situation with India, which is reported to be considering trade curbs on the Southeast Asian nation over his criticism of actions in Kashmir, news wire Bernama reported.

Five innovations win RM250,000 Selangor research grants
Five innovations emerged winners in a competition in conjunction with the Selangor Research, Development and Innovation Expo yesterday, winning a total of RM250,000 in research grants from the Selangor government.
— The Sun Daily

Factory operator loses RM40,000 in get-rich-quick scheme
A factory operator lost RM40,000 to a get-rich-quick scheme syndicate.Seberang Prai Utara district police chief ACP Noorzainy Mohd Noor said the 37-year-old woman was drawn to an advertisement on Facebook in early September that promised high profits for a short term investment.
— The Sun Daily

Individuals, industry players can contribute to increasing tourist arrivals
Individuals and industry players have a role to play in the effort to boost the local tourism industry and make Malaysia a destination of choice for tourists.
— The Borneo Post

MACC accused of exceeding its powers for issuing compound notices to 80 entities allegedly linked to 1MDB
The Malaysian Anti-Corruption Commission (MACC) has been accused of acting beyond its legal powers (ultra vires) for issuing compound notices to 80 entities over funds allegedly linked to 1MDB.
— The Star Online

Decision on JB-Singapore RTS Link to be announced by end-October
The decision to continue with the construction of the Johor Bahru-Singapore Rapid Transit System (RTS) project will be announced by the end of the month, Malaysia’s Transport Minister Anthony Loke said on Monday (Oct 14).

RM9m for maintenance of infrastructure to reduce flood risk in Kelantan
The federal government allocated RM9 million for the maintenance of infrastructure to reduce flood risk in Kelantan this year, the State Legislative Assembly was told.
— The Sun Daily

Not worth their salt: Salted fish manufacturers suffered RM5mil losses due to pollution, says Dr Wee
76 salted fish manufacturers in Pulau Kukup suffered losses amounting to about RM5mil after approximately 100 tonnes of fish died from an unknown reason, says Ayer Hitam MP Datuk Seri Dr Wee Ka Siong.
— The Star Online

Regal Path secures RM1.1b financing for Pavilion Bukit Jalil
Regal Path Sdn Bhd has secured syndicated banking facilities of up to RM1.1 billion for the acquisition of Pavilion Bukit Jalil mall from Malton Bhd’s wholly owned subsidiary Pioneer Haven Sdn Bhd.
— The Sun Daily

Japanese experts on mission to develop human capital for KTMB
Japan has sent two teams of railway officials and experts to Malaysia following a request by Prime Minister Tun Dr Mahathir Mohamad for Japanese assistance in order to increase the usage of the existing railway network in.
— Malay Mail

NGO, youth collaboration good for tourism: Syed Saddiq
The Youth and Sports Ministry will continue to match non-governmental organisations (NGO) with the youth through collaborative activities and programmes on their home ground.
— The Sun Daily

Kenaf plant industry makes inroads into housing development sector
The emergence of the kenaf plant (widely cultivated for its fibre), as the source of an efficient and cost-effective construction material, marks the potentially important contributions of the country’s kenaf industry towards the housing development sector.
— The Sun Daily

MOH calls for more involvement in palliative care awareness
Palliative and hospice communities in Malaysia should create more voices about the importance of palliative care to the public, Deputy Ministry of Health (MoH) Lee Boon Chye said.
— The Borneo Post

PAS: RM4.4 bln devt allocation for Sarawak not what it should be
Parti Islam Se-Malaysia (PAS) Sarawak is disappointed with the allocations given to Sarawak under Budget 2020, especially the amount slated for development, says its information chief Zharudin Narudin.
— The Borneo Post

New foreigner house price idea was from finance ministry, says Zuraida
The housing minister says the budget proposal to lower the threshhold to RM600,000 was not from her ministry.
— FMT News


Feature photo Malaysian Association of Applied Linguistics – MAAL

This week’s Malaysia morning news feature photo focuses on World Statistics Day, October 20.


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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