Malaysia morning news for October 16

Malaysia morning news for October 16

Malaysia morning news

Fuel subsidy card for middle income earners ready by next March, says finance minister
Lim Guan Eng today said the fuel subsidy card for Malaysian middle-income earners, grouped as M40, will be rolled out from March 2020.
— Malay Mail

Digital service tax right move for Malaysia: World Bank economist
The implementation of the Digital Service Tax, which will take effect from Jan 1, 2020, is the right move towards helping the government increase its revenue base from the sales and service tax (SST), said the World Bank lead economist for Malaysia, Richard Record (pix).
— The Sun Daily

Malaysia offers to increase imports from India after Kashmir row
Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country’s criticism of India’s actions in Kashmir.
— Channel NewsAsia

Sarawak, Sabah to study establishment of airline
The Sarawak government intends to cooperate with the Sabah government to study the feasibility of establishing a mutually owned carrier in an effort to further enhance connectivity between.
— New Sarawak Tribune

Facial recognition mandatory for mobile phone usage in southern Thailand
Mobile phone users including foreigners travelling to southern Thailand need to submit their photographs for facial recognition or face their mobile phone jammed from November.
— The Malaysian Reserve

Water supply restored 99% in Hulu Langat
Pengurusan Air Selangor Sdn Bhd (Air Selangor) this morning informed that water supply in all areas of Hulu Langat which has been experiencing unscheduled disruptions since Sunday, has now been restored.
— The Sun Daily

GDP growth target for 2020 realistic: Guan Eng
The estimated gross domestic product (GDP) growth forecast of 4.8% for 2020 can be realised, according to Finance Minister Lim Guan Eng, despite some quarters saying that the projection looks to be high amid global headwinds and weak demand.
— The Sun Daily

Malaysia says eyeing more imports from India after threat of palm oil restrictions
Malaysia on Tuesday said it will look to increase imports of crude sugar and buffalo meat from India, after reports that New Delhi is considering restricting imports of palm oil from Malaysia.
— The Star Online

Labour reform commission needed to seek stakeholders’ input: MTUC
Penang MTUC has mooted the idea of forming a commission to look into strengthening the position of workers in both the public and private sectors.
— The Sun Daily

Naroden: Sarawak should have e-Commerce Masterplan to intensify the industry
Assistant Minister International Trade and Industry, Industrial Terminal and Entrepreneur Development Datuk Mohd Naroden Majais has suggested for the state to come up with a e-Commerce Masterplan to intensify the industry.
— The Borneo Post

Minister says RON95 subsidy nearly RM100m a week at current oil price
The price ceiling for RON95 petrol required a subsidy of almost RM100 million per week at the prevailing oil price, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
— Malay Mail

Clear air on new minimum wage, ministry told
The Ministry of Finance has been urged to clear the air over which cities in the country the revised minimum wage of RM1,200 would be implemented.
— The Borneo Post

Minister: More than 100 complaints received against catering service providers
The Domestic Trade and Consumer Affairs ministry received a total of  127 complaints against catering service providers since 2014 to last September.
— Malay Mail

Set a ceiling on loans, avoid high govt debt: Auditor General
The government needs to impose a ceiling on a guarantee for loans offered by statutory bodies and companies in order to avoid increasing government’s debt if the latter is facing difficulty in fulfilling its obligation.
— The Sun Daily

Alibaba launches championship for Malaysia’s top tech startups
Alibaba Group Holding Ltd has launched the Malaysia Finals for its inaugural [email protected] Alibaba Cloud Startup Contest ([email protected]).
— The Borneo Post

Metronic’s major shareholder Lee Kim Yew calls for special audit
Metronic Global Bhd’s major shareholder Tan Sri Lee Kim Yew (pix) has called for a special audit to be carried out by independent auditors.
— The Sun Daily

1MDB trial put off for Najib to debate on Budget 2020
The 1Malaysia Development Bhd (1MDB) trial has been postponed as Datuk Seri Najib Razak is due to give a speech in Parliament, which is currently debating Budget 2020.
— The Star Online

No need for new taxes, just tap the ‘shadow economy’, govt told
The government does not need to impose new taxes but should instead generate revenue from the untapped “shadow economy” that accounts for at least 21% of the gross domestic product (GDP), says a tax expert.
— The Star Online

Domestic violence cases on the rise in 2019, says Fatimah
Minister of Welfare, Community Welbeing, Women, Family and Childhood Development Dato Sri Fatimah Abdullah has expressed concern with the high number of domestic violence cases in the state.
— The Borneo Post

Minister: We will adjust accordingly if RON95 price shoots up
The government will take the necessary measures to adjust the targeted fuel subsidy rate as well as consider subsidising the price of RON95 if the global crude oil price shoots up exorbitantly.
— The Sun Daily

Deputy minister: DoE gave out 89 fines, launched 23 probes over open burning
The Department of Environment (DoE) issued 89 compounds against individuals and companies for open burning during the recent transboundary haze that choked the region.
— Malay Mail

Sarawak to come out with state masterplan for e-commerce
Sarawak will develop a masterplan to help local entrepreneurs make the leap to electronic commerce, Chief Minister Datuk Abang Johari Openg said today.
— Malay Mail

Dr M: Higher land price may spell unaffordable Kampung Baru property prices
The government can offer a higher rate to Kampung Baru landowners for their plots but this would have implications on its development leading to higher and unaffordable property prices for many Malays, said Tun Dr Mahathir.
— Malay Mail

GIACC bent on erasing Malaysia’s kleptocrat label
In its bid to transform Malaysia’s image in the eyes of the world, the Governance, Integrity and Anti-Corruption Centre (GIACC) is determined to get rid of its ‘kleptocrat nation’ label.
— The Sun Daily

Boost: Digital service tax will not affect offline merchants
The digital service tax – announced under Budget 2020 and will come into effect on January 1, 2020 – will not affect Boost’s offline merchants.
— The Borneo Post

SMEs urged to embrace e-commerce
Small and medium enterprises (SMEs) need to venture into e-commerce to counter the present stagnation in the market as the world evolves to embrace technology, said the Malaysia SME Media Group CEO Wayne Lim.
— The Sun Daily

Dr Wan Azizah says government open to all views on 90-day maternity leave
The government will engage stakeholders over their concerns about raising maternity leave to 90 days for the private sector, said Datuk Seri Dr Wan Azizah Wan Ismail.
— Malay Mail

After Kelantan insists paid gratuity instead of oil royalty, Guan Eng says money still flowed
Finance Minister Lim Guan Eng said the Kelantan government was paid what it was due for petroleum resources derived from its territory.
— Malay Mail

Sosma review Bill not for this sitting, says deputy home minister
The government will not table its review of the controversial Security Offences (Special Measures) Act 2012 (Sosma) in the current Dewan Rakyat sitting, Datuk Azis Jamman said today.
— Malay Mail

LPI Capital posts lower profit in Q3
LPI Capital Bhd’s (LPI) net profit for the third quarter ended Sept 30, 2019 fell 4.3% to RM87.82 million from RM91.81 million a year ago, due to an increase in claims and a slower growth in gross premium income.
— The Sun Daily

Crest Builder bags RM155.1m Kelana Jaya project from Glomac
Crest Builder Holdings Bhd has accepted a RM155.1 million project for the construction of a proposed plaza @ Kelana Jaya mixed commercial development from Glomac Bhd.
— The Sun Daily

Govt in early stages of creating national suicide prevention strategy
The government is in the midst of formulating a national comprehensive strategy for suicide prevention, according to Minister in the Prime Minister’s Department Datuk Liew Vui Keong (pix).
— The Sun Daily

Government urged to iron out issues on implementation of 90-day maternity leave
The government is advised to refine the implementation of the 90-day maternity leave from 2021 so that it will be beneficial to both employers and workers.
— The Sun Daily

Higher taxes for the rich? Lim says our rate still among the lowest
Finance Minister Lim Guan Eng said yesterday 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 Borneo Post

Ministry receives 305 complaints of moneylender misconduct
A total of 305 complaints involving various types of misconduct allegedly committed by moneylenders have been recorded by the Ministry of Housing and Local Government between Jan 1 and Aug 31 this year.
— The Borneo Post

Need to tweak business strategy to remain competitive — Dr Mahathir
There is a need for Malaysian businesses to change their business strategy to remain competitive, including focusing more on research and development (R&D), said Prime Minister Tun Dr Mahathir Mohamad.
— The Borneo Post

TNB to immediately fence Pandan Jaya fire-prone squatter area
Tenaga Nasional Berhad (TNB) will take immediate measures to fence the entire squatter area in Pandan Jaya here to prevent more homes from being set up there.
— The Sun Daily

Forfeitures: Prosecution agrees to show copies of seized items to Najib and family
The prosecution team in the forfeiture suit against Datuk Seri Najib Abdul Razak, and his family today agreed to provide colour pictures of the items seized, which included 315 designer handbags of various brands, to the former prime minister.
— The Sun Daily

Grand-Flo firm plans Kampar project with RM88m GDV
Grand-Flo Bhd’s wholly owned subsidiary, Innoceria Sdn Bhd, has entered into a joint venture agreement with Pembinaan Maka Cemerlang Sdn Bhd (PMC) to develop 13.23 acres of leasehold land in Kampar, Perak.
— The Sun Daily

Enra unit buys oil & chemical tanker
Enra Group Bhd’s 60%-owned subsidiary Enra SPM Labuan Ltd (ESPML) has proposed to acquire an oil and chemical tanker known as Maersk Edgar from Denmark’s Maersk Product Tankers A/S for US$9.3 million (RM38.87 million) cash.
— The Sun Daily

Technology, property sectors clear winners in Budget 2020
The clear sector winners for Budget 2020 are technology and property, according to most analysts.
— The Sun Daily

Malaysia PM Mahathir says ‘satisfied’ with police’s reasoning for Tamil Tigers arrests
The Malaysian police have their own reasons for the arrests of individuals suspected of having links to the now-defunct Sri Lankan Liberation Tigers of Tamil Eelam (LTTE) separatist group, Prime Minister Mahathir Mohamad said on Monday (Oct 14).
— CNA

State govt has final say on lower property threshold for foreigner: Azmin Ali
It is up to the state government to implement the lower property threshold for foreign ownership that was announced in the Budget 2020, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali (pix).
— The Sun Daily

East Coast Muslim women least tolerant of interfaith interactions, survey shows
Muslim women from the peninsula east coast states of Kelantan, Terengganu, and Pahang are the least likely to accept cross-religious interactions, such as marrying someone from another religion or allowing non-Muslims to.
— Malay Mail

 

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).

 

 

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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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