Malaysia morning news for October 31

Malaysia morning news for October 31

Malaysia morning news

Malaysian banks shut accounts of legal foreign residents from some countries on US watchlists
Thousands of bank accounts belonging to Malaysia’s legal foreign residents have been terminated, many of them migrants from Muslim-majority countries on United States terror sponsorship watchlists.
— The Star Online

Malaysia’s Tanjung Pelepas on its way to becoming a top SEA port
Port of Tanjung Pelepas (PTP) in Malayrisa’s Johor Bahru, aims to become a leading port in the region.
— Khmer Times

Chinese national: I was told I could get a legal Malaysian passport for RM400,000
A Chinese national believed that he need only “invest” RM400,000 to apply for a legal Malaysian passport, a Penang High Court heard today during the hearing of the sale of MyKad case.
— Malay Mail

Manufacturing sector underpinned by strong private investment: Tun M
Prime Minister Tun Dr Mahathir Mohamad said today that despite the level of involvement of government-linked investment companies (GLICs) and government-linked companies (GLCs) in almost every sector of the economy, Malaysia’s manufacturing sector has benefited greatly from high levels of private sector investment.
— The Sun Daily

Malaysia is targeting a higher level of renewables in its energy mix by 2025, says its environment minister
Southeast Asian country Malaysia is looking to use a higher percentage of renewables in its energy mix in the next five years, its environment minister said on Tuesday.
— CNBC

Guan Eng trade barbs with opposition MPs over national debt, assets
Finance Minister Lim Guan Eng traded barbs with several opposition lawmakers in Parliament on Wednesday (Oct 30) over the national debt and assets.
— The Star Online

New NAP to be presented to cabinet next week, says Darell
The National Automotive Policy (NAP) 2019 may be presented to the cabinet next week for approval, to allow the new policy to be launched by end-2019.
— The Sun Daily

Selangor police dispose RM7.3 billion worth of drugs
Selangor police today disposed of 143,240 kg of drugs worth RM7.3 billion at Kualiti Alam Sdn Bhd waste management center in Bukit Pelandok, near here.
— The Sun Daily

Minister: Putrajaya yet to figure out how to sell unsold properties to foreigners
Putrajaya has yet to come up with a formula or plan to sell unsold luxury residential properties to foreign buyers, the Parliament was told today.
— Malay Mail

Details on 2nd Samurai Bond to be made via formal statement – Lim
Information on the second Samurai bond issuance will be announced through a formal statement, said Finance MinisterLim Guan Eng.
— The Sun Daily

Tourism minister says no issues on working with Sarawak Tourism Board
Federal Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi said today there is no problem for the Sarawak Tourism Board (STB) to cooperate with Tourism Malaysia (TM) in promoting the state overseas.
— Malay Mail

RM43m to drive Industry4WRD programmes next year
The government has set aside RM43 million to enhance the existing Industry4WRD programmes for next year, says International Trade and Industry (MITI) Minister, Datuk Darell Leiking (pix).
— The Sun Daily

Is Malaysia Ready For The IT Outsourcing Big Leagues?
Competition for IT outsourcing is intense in Asia-Pacific. While India and China have dominated the market for a long time, emerging challengers across Southeast Asia have upped their games. One small but mighty destination of note is Malaysia.
— Forbes

Health ministry to blacklist, fine companies caught selling recycled cosmetic products
The Ministry of Health will blacklist and fine companies caught selling recycled cosmetics starting next year.
— Malay Mail

AIR PASSES TO BE EXPLORED IN SINGAPORE AIR-MALAYSIA MARKETING AGREEMENT
Air passes are tipped to be one of the benefits of a move by Malaysia Airlines Berhad and Singapore Airlines to strengthen their partnership with a sweeping commercial agreement.
— Airline Ratings

Guan Eng: Reaffirmation of credit ratings is proof of govt’s ability to administer country
The reaffirmation of Malaysia’s sovereign credit ratings by international ratings agencies is proof that Pakatan Harapan (PH) is capable of administering the country, despite the financial constraints inherited from the.
— Malay Mail

Guan Eng admits writing foreword for controversial pro-China comic book, refuses to say more
Finance Minister Lim Guan Eng has chosen to remain tight-lipped over the foreword that he penned in the controversial and now banned pro-China comic book, “Belt & Road Initiative for Win-Winism”.
— The Star Online

Iranians in Malaysia say banks closing their accounts as US sanctions bite
Banks in Malaysia are closing the accounts of Iranian individuals and companies, nearly a dozen affected people told Reuters, in a sign that US sanctions are having a far-reaching impact on citizens of the Islamic republic.
— Malay Mail

90 percent of Malaysians will settle and work abroad, says survey
Nine in 10 or 90 percent of Malaysians will settle and work abroad for better career opportunities and work-life balance.
— New Sarawak Tribune

Agriculture Ministry receives RM1.3b to implement 374 projects
The Agriculture and Agro-based Industry Ministry (MOA) has been allocated over RM1.3 billion to implement 374 agriculture-related projects and programmes nationwide next year.
— Malay Mail

Ideas: Concentration of corporate power in hands of PM
A major, but covert, reconfiguration of control of government-linked companies (GLCs) has occurred since Pakatan Harapan took power in a manner that suggests concentration of corporate power in Prime Minister Tun Dr Mahathir Mohamad’s party Parti Pribumi Bersatu Malaysia (Bersatu).
— The Sun Daily

Tourism Minister in the dark over Egyptian pharaohs exhibition plans in conjunction with VM2020
Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi is in the dark about plans to exhibit Egyptian pharaoh artefacts in Malaysia next year.
— The Star Online

EC distributes voter’s card to 52,978 Tanjung Piai voters
The Election Commission (EC) has distributed voter’s card to 52,978 Tanjung Piai constituents since Oct 16 to encourage voters and facilitate the voting process.
— The Sun Daily

Local Iranians say banks close their accounts as US sanctions bite
Banks in Malaysia are closing the accounts of Iranian individuals and companies, nearly a dozen affected people told Reuters, in a sign that US sanctions are having a far-reaching impact on citizens of the Islamic republic.
— The Sun Daily

GLICs and GLCs must focus on creating strong institutions, says Tun M
Government-linked investment companies (GLICs) and government-linked companies (GLCs) must focus on creating strong institutions, establishing the necessary infrastructure and supportive policies to fuel the nation’s growth, said the Prime Minister.
— The Sun Daily

Dr M optimistic about nation’s recovery
Tun Dr Mahathir Mohamad said the new government has been working overtime to re-energise and clean up the mess left behind by the previous administration, with the road to recovery visible now.
— Malay Mail

Mohammadin: Sarawak records RM24.2 mln in craft products sales as of Sept this year
Sarawak recorded RM24.2 million in craft products sales from January to September this year, says Tourism, Arts and Culture Minister Datuk Mohammadin Ketapi.
— The Borneo Post

Additional technical committee meeting proposed for amendments to labour laws
An additional technical committee meeting is being proposed to be held on Nov 4 for the proposed amendments to the Employment Act 1955 and Trade Unions Act 1959, said Human Resources Minister M. Kula Segaran (pix).
— The Sun Daily

No plans to allow civil servants to be active in politics, parliament told
The government has no plans to allow civil servants to be actively involved in politics for fear it will affect their principle of neutrality, says Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.
— The Borneo Post

Motac plans to exhibit Ramses II and King Tut artefacts in 2020
The Ministry of Tourism, Arts and Culture (Motac) is planning to exhibit Egyptian pharaoh’s tomb and artefacts of Ramses II and Tutankhamun, or popularly known as King Tut, in October next year in conjunction with Visit Malaysia Year 2020.
— The Sun Daily

BNM raids RSI International for using “bank” without approval
Bank Negara Malaysia (BNM) has raided RSI International Bhd located in Cheras on Oct 23 for using the word “bank” in their office premises signage without its written approval.
— The Sun Daily

YBS buys Penang Science Park for RM24 million
YBS International Bhd’s wholly owned subsidiary Oriental Fastech Manufacturing Sdn Bhd (OFM) has proposed to acquire Penang Science Park from Penang Development Corp (PDC) for RM24.03 million cash.
— The Sun Daily

Crest Builder scraps plans for RM1.33b mixed commercial development
Crest Builder Holdings Bhd’s 51%-owned subsidiary Landasan Bayu Sdn Bhd (LBSB) has agreed with Lembaga Getah Malaysia (LGM) to terminate the joint development agreement (JDA) for the development of a 4.75 acres land on Jalan Ampang, Kuala Lumpur.
— The Sun Daily

Zuraida: No formal target set for sale of luxury homes to foreigners
There is currently no formal target set for the sale of luxury homes to foreigners, says Housing and Local Government Minister Zuraida Kamaruddin.
— The Star Online

Health Minister: Dengue cases up by 77.3pc this year
Dengue cases in Malaysia have shot up by 77.3 per cent (47,352 new cases) this year up till October 26, 2019 compared to the same period last year.
— Malay Mail

Combative session in Dewan as LGE spars with opposition over govt debt
Finance Minister Lim Guan Eng found himself the target of the opposition’s ire as one accusation after another was hurled across the aisle at the Dewan Rakyat today.
— The Sun Daily

Minister says must vet foreign missionaries as Malaysian society ‘fragile’
Background checks on foreign missionaries are necessary to protect Malaysia’s delicate society, said Minister in the Prime Minister’s Department Datuk Seri Mujahid Yusof Rawa.
— Malay Mail

Widad ups the ante with RM5.3b offer for PLUS
Widad Business Group Sdn Bhd (WBG) has revised upward its offer price by 77% to RM5.3 billion cash from RM3 billion previously for the entire stake in PLUS Malaysia Bhd.
— The Sun Daily

Fraudsters offer foreigners ‘RM300,000 Muslim bride deal’ to tap bumiputra privileges
Business opportunities are aplenty in Malaysia, making it a hotspot for scams that are tweaked to get unsuspecting foreigners to part with large sums of money.
— The Sun Daily

Bursa Malaysia extends gains in early trade
Bursa Malaysia extended yesterday’s gains to open higher this morning on buying support in the index-linked counters amid positive market sentiment.
— The Sun Daily

Modified bicycle accidents: Integrated enforcement by police, JPJ needed
More efficient and integrated enforcement by the police and the Road Transport Department (JPJ) is important in curbing road accidents that have claimed the lives of children using modified bicycles (basikal lajak).
— The Sun Daily

Bill on political funding for tabling next year
The government is expected to table the Political Funding Bill in Parliament next year, according to Law Minister in the Prime Minister’s Department Datuk Liew Vui Keong (pix).
— The Sun Daily

DAP embraces politics of race, says PDP Youth
DAP, not GPS, embraces politics of race, said Progressive Democratic Party (PDP) Youth chief Robert Ayu.
— New Sarawak Tribune

Detailed design failure leads to late delivery of six RMN ships
The failure of the contractor to complete detailed design according to deadline and delay in finalising the acquisition of a large portion of the equipment under its responsibility are among the cause of delay in delivering six littoral combat ships (LCS) to the Royal Malaysian Navy (RMN).
— The Borneo Post

National Cleanliness Policy can help local authorities do a better job: Zazali
The National Cleanliness Policy which is set to be launched this Sunday, is believed to be able to help local authorities in better maintaining the cleanliness of their respective jurisdictions as well as improving the waste management system.
— The Sun Daily

‘Restructuring process to keep Forest Dept relevant’
The Forest Department is undergoing a restructuring process in order to remain relevant and better serve the people.
— The Borneo Post

Marine police seize 221 boxes of contraband liquor worth RM446,696
The southern region (Region Two) marine police seized 221 boxes of liquor of various brands worth RM446,696, believed to be smuggled into the country yesterday.
— The Sun Daily

New acquisition lifts DKSH’s Q3 net profit by 17%
DKSH Holdings (Malaysia) Bhd’s net profit for the third quarter ended Sept 30, 2019 rose 16.9% to RM10.74 million from RM9.19 million in the corresponding quarter of the previous year, attributed to the contribution from Auric Malaysia that was acquired in March this year as well as the organic growth of existing clients in all segments.
— The Sun Daily

Globetronics posts lower Q3 earnings
Amid the ongoing trade spat between the US and China, Globetronics Technology Bhd saw its net profit for the third quarter ended Sept 30 decrease 19.7% to RM18.94 million, from RM23.6 million in the previous corresponding quarter, due to lower volume loadings of products from certain customers.
— The Sun Daily

Academic welcomes decriminalising drug use, citing failures of current approach
Incarcerating drug users increases the risk of spreading infectious diseases like HIV, hepatitis and tuberculosis, says an academic.
— The Sun Daily

Cleo International says leading youth initiative, no contract signed with Orange E-sports yet
Under the spotlight after a recent meeting with Youth and Sports Minister Syed Saddiq Abdul Rahman, Cleo International Sdn Bhd has reiterated that it is the one leading the youth initiative pitched to the ministry.
— Malay Mail

 

Feature photo Pamper.my

This week’s Malaysia morning news feature photo focuses on Diwali.

 

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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