Malaysia morning news for October 25

Malaysia morning news for October 25

Malaysia morning news

Malaysia ranks 12th in World Bank Doing Business 2020 report
The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry.
— The Sun Daily

Miti to work with steel industry on consolidation incentive, says deputy minister
The Ministry of International Trade and Industry (Miti) will be presenting a comprehensive proposal to the Ministry of Finance (MoF) on consolidation incentives for the local steel industry, said Deputy Minister Ong Kian.
— Malay Mail

Malaysia first in Southeast Asia to get Netflix’s mobile plan
RM17 per month plan gives users access to all of streaming platform’s shows and movies.
— FMT News

Too few local biz class flyers to keep Malaysia Airlines airborne, Khazanah concludes
Malaysia Airlines Bhd (MAB) is uncompetitive in the long-haul and full-service sectors as there are not enough premium travellers in the country, Khazanah Nasional Bhd said.
— Malay Mail

Transport Ministry to consider e-hailing bus proposal
The Transport Ministry is looking at new concepts in public transport including e-hailing buses.
— New Sarawak Tribune

Fire and Rescue personnel dies during full scale aircraft crash drill at Penang Airport
A Penang International Airport (PIA) Fire and Rescue Services Unit (AFRS) personnel died while undergoing a full scale drill at the airport yesterday.
— Malay Mail

Houses in Malaysia ‘seriously unaffordable’, says Bank Negara
Houses in Malaysia are considered “seriously unaffordable” by international standards, a Bank Negara Malaysia official said.
— FMT

Darell confident Malaysia-India palm oil issue won’t derail RCEP talks
Malaysia is confident that the palm oil issue with India will not derail the country’s Regional Comprehensive Economic Partnership (RCEP) negotiations, slated for conclusion this year.
— The Sun Daily

Malaysia’s frozen durian exports to China drive demand for pulp
“Durian exports from Malaysia have skyrocketed since the shelled durian gained access to China in May 2019. Within just one month from July to August, our company exported 675 tons to China, nearly 4 times that of last year,” Luo Sheng, Manager of Malaysia company KAMI FOOD SERVICES SDN BHD said.
— Fresh Plaza

Saifuddin Abdullah: Malaysia’s foreign policy gradually returning to NAM’s founding principles
Malaysia, which considers the Non-Aligned Movement (NAM) still relevant in this era, is gradually returning to the movement’s founding principles in its foreign policy, Foreign Minister Datuk Saifuddin Abdullah said.
— Malay Mail

Work harder to be in World Bank’s top 10 ranks: Darell
Malaysia needs to work harder to be among the top 10 economies in the World Bank Doing Business ranking, says International Trade and Industry Minister Datuk Darell Leiking (pix).
— The Sun Daily

Storms, floods to worsen in Malaysia, warns climate change expert
A climate change expert has warned Malaysians to brace for even heavier rain as well as more severe storms and floods.
— New Straits Times

Govt wants to take part in refugee status determination process
The government is currently in the process of negotiating with the United Nations High Commissioner for Refugees (UNHCR) for government agencies to participate in the process of determining the status of a refugee, the Dewan Rakyat was told today.
— The Sun Daily

Deputy minister: Jakarta yet to notify Putrajaya of Malaysian firms involved in open burning
The Energy, Science, Technology, Environment and Climate Change Ministry (MESTECC) said it still has not received details of Malaysian companies accused of open burning in Indonesia.
— Malay Mail

More than 1,100 B40 households helped under BNM fund
The RM1 billion BNM Fund for Affordable Homes has helped more than 1,100 households from the B40 income group afford a home, said Bank Negara Malaysia (BNM) director of financial surveillance Qaiser Iskandar Anwarudin.
— The Sun Daily

Putrajaya moves to protect local steel industry from big foreign firms
A white paper will among others address the threat from foreign players, by including a recommendation for freeze on licenses.
— FMT News

EXIM Bank recalls facility, seeks US$43.59m from Barakah unit
Barakah Offshore Petroleum Bhd’s wholly owned subsidiary Kota Laksamana 101 Ltd (KL101) has received a notice of termination, recall and demand from Export-Import Bank of Malaysia Bhd (EXIM Bank) for owing the bank US$43.59 million (RM183 million).
— The Sun Daily

Malaysia weighs mere $2 billion penalty for Goldman over 1MDB
Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
— Pionline

Malaysia identifies issues to be raised in UN next year
In the effort to strengthen multilateralism, Malaysia has identified several issues which will be raised at the United Nations (UN) next year in conjunction with the world body’s 75th anniversary.
— The Edge Markets

Muhyiddin: Refugee children born here don’t get automatic citizenship
Citizenship is not given to children born to refugee parents in Malaysia, says Home Minister Tan Sri Muhyiddin Yassin.
— The Star Online

Malaysian households remain resilient despite elevated aggregate debt level
The financial position of Malaysian households remain resilient despite the elevated level of aggregate debt, a Bank Negara Malaysia official said today.
— The Sun Daily

Exchange 106: An inside look at Malaysia’s tallest building
Exchange 106 is Malaysia’s latest skyscraper located at Tun Razak Exchange (TRX), the new financial and business hub of Kuala Lumpur.
— Malay Mail

Shopee to continue ‘Buy Malaysia Campaign’ during 11.11 Big Sale
E-commerce platform Shopee is continuing its Buy Malaysia Campaign during its 11.11 Big Sale to encourage the purchase of Malaysian-made products and help local entrepreneurs grow their businesses.
— The Edge Markets

Endangered loggerhead turtle netted in Penang returned to sea
The Fisheries Department has returned a 60kg loggerhead turtle that was accidentally caught in fishing nets off the southern coast of Penang into the sea after a month of rehabilitation.
— Malay Mail

2020: MOE plans student unions at five universities
The Ministry of Education (MOE) targets to set up student unions at five public universities next year, said its minister, Dr Maszlee Malik (pix).
— The Sun Daily

Umno MP wants government to haul up ministers, deputies linked to ‘Superman’ comic
An Umno MP today challenged the Pakatan Harapan (PH) government to take “special action” against Cabinet members and officials associated with a pro-China comic banned for being communist propaganda.
— Malay Mail

Mavcom: Work on new regulatory framework in final stages, passengers to gain from lower PSC
The Malaysian Aviation Commission’s (Mavcom) new regulatory framework could see up to 20 million passengers benefiting from a lower passenger service charge (PSC), the commission said in a statement today.
— The Sun Daily

Efinair to launch medical private jet next year
Efinair MyJet International Sdn Bhd (Efinair) will launch its first medical private jet in January next year, giving a boost to Malaysia’s robust medical tourism industry.
— The Edge Markets

RAM sells 33% stake in RAMCI to Experian
RAM Holdings Bhd has sold its 33.15% stake in RAM Credit Information Sdn Bhd (RAMCI) to information services company Experian (Malaysia) Sdn Bhd at an undisclosed sum.
— The Sun Daily

Let LTTE detainees go early for Deepavali, lawyer urges IGP
The police should consider the coming Deepavali holiday this weekend and release the 12 Malaysians detained on suspicion of trying to revive a defunct Sri Lankan terror group, lawyer Ramkarpal Singh said today.
— Malay Mail

More opportunities for minor crime offenders to re-assimilate into society
Former juvenile delinquents and minor crime offenders will have a better chance to reassimilate into society, says Youth and Sports Minister Syed Saddiq Abdul Rahman (pix).
— The Sun Daily

Netflix offers new plan at RM17 per month
Netflix is offering its new mobile plan at RM17 a month, with Malaysia being the first country in Southeast Asian to have the plan.
— New Sarawak Tribune

Under 20pc of boats still fish in site marked for reclamation, says Penang exco
Less than 20 per cent of fishing boats in the state operate within the area earmarked for the Penang South Reclamation (PSR) project, state exco Dr Afif Bahardin said today.
— Malay Mail

Six BN MPs support Tun M to see out full term
Six Barisan Nasional MPs today issued a joint statement supporting Tun Dr Mahathir Mohamad (pix) to serve his full term as prime minister.
— The Sun Daily

Johor water supply back to normal from Saturday as dam levels rise
Water rationing throughout parts of Johor will end on Saturday. Johor International Trade, Investment and Utility Committee chairman Jimmy Puah Wee Tse said water supply will return to normal in all parts of the state.
— Malay Mail

Toto Jackpot strikes make 2 instant millionaires; 23 share RM1.9m
Two punters became instant millionaires on Oct 16 after striking the Toto 4D Jackpot 1. On the same day, 23 others shared the remaining RM1,978,603.70 of the whopping RM12,071,815.50 Toto 4D Jackpot 2.
— The Sun Daily

Bursa Malaysia opens firmer on renewed buying interest
Bursa Malaysia rebounded from yesterday’s losses to open firmer today on renewed buying interest in the market.
— The Sun Daily

Public consultation sessions on IPCMC to be held in four states
Public consultation sessions on the Independent Police Complaints of Misconduct Commission (IPCMC) Bill will be held in four states to get feedback from stakeholders and the public.
— The Sun Daily

Don’t compromise enforcing bylaws, Penang rep tells island council
The Penang Island City Council (MBPP) must be strict in the enforcement of its bylaws, councillor Azahari Aris said today.
— Malay Mail

Khazanah confirms leaving KLCC for KL Sentral to save RM20m annually
Khazanah Nasional Bhd will shift its entire operations from its main base at the iconic Petronas Twin Towers to newer premises in KL Sentral, managing director Datuk Shahril Ridza Ridzuan revealed in a parliamentary inquiry.
— Malay Mail

HSS Engineers associate bags Pan Borneo job
HSS Integrated Sdn Bhd (HSSI), an associate company of HSS Engineers Bhd, has been appointed as the independent consulting engineer by the Works Ministry for the Pan Borneo Highway project in Sabah.
— The Sun Daily

Youth and Sports Ministry enters agreement with TVET players
The Youth and Sports Ministry today exchanged Statements of Understandings with five entities aimed at forging stronger cooperation between the public and private sectors in developing the Technical and Vocational Education and.
— Malay Mail

Gadang earnings in Q1 10.3% lower
Gadang Holdings Bhd’s net profit for the first quarter ended Aug 31, 2019 fell 10.3% to RM14.85 million from RM16.54 million a year ago, mainly due to widened losses from the investment holding division and lower profit in the property division.
— The Sun Daily

 

Feature photo UNDP Malaysia

This week’s Malaysia morning news feature photo focuses on United Nations Day, October 24.

 

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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