Malaysia morning news for October 8

Malaysia morning news for October 8

Malaysia morning news

Budget 2020: real estate industry expects focus on growth
Real estate industry leaders IQI Global and Juwai.com expects Budget 2020 to be people centric, growth focused and confidence driven.
— The Borneo Post

Malaysia keen to benefit from mutual collaborations with China, says deputy minister
Malaysia is keen to further benefit from mutual collaborations with China in the technology sector mainly Industrial Revolution 4.0 (IR4.0), says deputy International Trade and Industry (MITI) minister Ong Kian Ming.
— Malay Mail

Malaysia to present expanded Budget to ward off trade war, slow growth
MALAYSIA’S government will likely present an expanded budget on Friday to temper a weak economic outlook, as it grapples with global recession fears, the protracted US-China trade war and a large debt pile left behind by its predecessors.
— Business Times

Malaysia’s first ‘ethical’ job agency targets modern slavery
A Malaysian recruitment agency set to launch a pioneering “ethical” hiring model has called for an industry overhaul to tackle debt bondage among migrant workers and end modern slavery in the Southeast Asian nation.
— The peninsula qatar

Rise to challenges of demand-driven economy, Bumiputera firms urged
Bumiputera companies have been urged to participate in the demand side of the economy, especially in the consumer-driven product and services sectors, as government contracts and business constitute less than 15 per cent of.
— Malay Mail

Govt needs to provide further housing aid to young M40: Tax Expert
Ernst & Young Tax Consultants Sdn Bhd has urged the government to provide further housing assistance to the young Middle 40 household income group (M40), as they could provide additional traction to the property market.
— The Sun Daily

Malaysia fines Najib’s brother, others for receiving 1MDB funds
Malaysia has fined the brother of former prime minister Najib Razak as well as other people and companies for allegedly receiving money from state fund 1MDB, the country’s anti-graft chief said yesterday.
— The Straits Times

Felda confirms employee and settlers arrested, affirms zero-tolerance for animal cruelty
The Federal Land Development Authority (Felda) has gone on record to state its zero-tolerance policy against animal cruelty, with severe action against any of its employees and settlers who are caught for the offence.
— Malay Mail

BNM’s international reserves slip 0.48% to US$103b
Bank Negara Malaysia’s (BNM) international reserves fell 0.48% to US$103 billion (RM431.58 billion) as at September 30, 2019 from US$103.5 billion (RM433.67 billion) as at September 13, 2019.
— The Sun Daily

Anti-Fake News Bill re-tabled in Parliament
The government today re-tabled the Anti-Fake News (Repeal) Bill 2019 in the Dewan Rakyat.
— The Borneo Post

Sarawak seeking administrative autonomy, more healthcare funding
Sarawak is seeking administrative autonomy and more funding in healthcare from the Federal Government in order to serve the people better and meet local needs.
— The Star Online

Ann Joo, Southern Steel to form JV for long steel manufacturing biz
Ann Joo Resources Bhd and Southern Steel Bhd have entered into a memorandum of understanding (MoU) for the formation of 55:45 joint venture company (JV co) in relation to their long product steel manufacturing businesses.
— The Sun Daily

Saifuddin: No targeted fuel subsidy for Sarawak, Sabah and Labuan; RON95 to remain at RM2.08
The people of Sarawak, Sabah and Labuan will not benefit from the targeted fuel subsidy scheme which will come into effect on January 1, 2020, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail announced today.
— The Borneo Post

Sarawak CM says won’t let native land be converted for development
Chief Minister Datuk Patinggi Abang Johari Openg today stressed that he will not allow native customary rights (NCR) land to be converted into mixed zones just for revenue.
— Malay Mail

Prosecution will prove Mohd Isa received more than RM3m in bribes: DPP
The prosecution will prove that former Felda chairman Tan Sri Mohd Isa Abdul Samad (pix) had received more than RM3 million in bribes over the approval of the purchase of a hotel in Kuching, Sarawak, by Felda Investment Corporation Sdn Bhd (FICSB).
— The Sun Daily

PM: Up to Petronas to weigh Saudi Aramco’s IPO offer
Prime Minister Tun Dr Mahathir Mohamed said it is entirely up to Petroliam Nasional Bhd (Petronas) to decide whether it wants to take part in Saudi Aramco’s initial public offering (IPO).
— Malay Mail

Haze: Probe outcome will determine action against Malaysian plantation companies
The government is to act against Malaysian-owned plantations in Indonesia if it is true that they have resorted to open burning that contributed to the recent trans-boundary haze that also affected Malaysia.
— The Borneo Post

Dr M: Govt ready to review National Poverty Line definition
The government is ready to review the definition of the National Poverty Line (NPL), says Prime Minister Tun Dr Mahathir Mohamad.
— The Star Online

Tun M comments on NEP and Vision 2020 shortcomings
The National Economic Policy (NEP) and Vision 2020 failed due to “inefficient policy making” by governments under the fifth and sixth prime ministers, according to Prime Minister Tun Dr Mahathir Mohamad.
— The Sun Daily

Dr M: Previous economic plans failed because people did not make use of it
Prime Minister Tun Dr Mahathir Mohamad today said the reason behind previous failed economic plans was because people did make use of opportunities that were available to them.
— Malay Mail

Targeted fuel subsidy scheme commences Jan 1, says domestic trade minister
The Targeted Fuel Subsidy Scheme will be implemented on January 1, 2020, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
— Malay Mail

Malays must explore, be new industry players
The Malays need to explore new industries and gain experience in such sectors so as to change their fate just as the (South) Koreans had done so.
— New Sarawak Tribune

Azmin: Restructuring economy key to ensuring Malaysia adapts to global challenges
The government aims to restructure and develop the economy to prepare it for global challenges, said Economic Affairs Minister Datuk Seri Azmin Ali.
— Malay Mail

Restrict online sale of vape to certified traders only: Vape industry
Stakeholders in the vaping industry have suggested that the online sale of vape products be restricted to certified vape traders, who have registered with the Malaysian Communications and Multimedia Commission (MCMC).
— The Sun Daily

Malaysia abruptly imposes physical e-hailing vehicle permit, causing hiccups in operation
Malaysia’s e-hailing drivers reportedly have two new requirements to fulfill if they want to stay operating from this Saturday, causing concerns to fail to meet these additional conditions before the deadline, The Star reported.
— e27

Slap higher assessment on empty homes, says CAP
The Consumers’ Association of Penang says assessment rates should not be raised all round in view of the economic situation.
— FMT News

Maxis 4G network goes down
Maxis says they are working to resolve the issue. Below is their full statement on the matter: “We would like to apologise to our Hotlink and Ookyo customers who may be experiencing some service interruptions with their.
— Malay Mail

Chong: RON95 to be cheaper in Sarawak than Peninsula when targeted subsidy takes effect
The price of RON95 will be capped at RM2.08 per litre for Sarawakians after the targeted subsidy scheme takes effect in Peninsular Malaysia from Jan 1 next year, said Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen.
— The Borneo Post

Targeted Fuel Subsidy scheme to commence next year
The government will provide a monthly petrol subsidy of RM30 for car owners and RM12 for motorcycle owners.Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the subsidy for RON 95 fuel will be paid every four months starting in April of next year.
— The Sun Daily

Penang exco says more discussions needed on proposed single-stream schools
Penang state exco Dr Afif Bahardin today said the proposal for single-stream schools by the Malay Dignity Congress needed further discussion as this also meant absorbing Sekolah Agama Rakyat (SAR) or Islamic religious schools.
— Malay Mail

WKB2030 aims to produce Bumiputera with integrity: Dr Mahathir
The government aims to produce a new generation of Bumiputera who hold firmly to good moral values and integrity through the Shared Prosperity Vision 2030 (WKB2030) launched last Saturday, the Dewan Rakyat was told today.
— The Sun Daily

Sarawak digital village ready mid next year
Construction of the RM27 million Sarawak Digital Village at the Sama Jaya High Tech Park here, is expected to be completed by the middle of next year.
— New Sarawak Tribune

MACC issues compound notices to 80 individuals, entities
The Malaysian Anti-Corruption Commission (MACC) has issued compound notices to 80 individuals and entities that received money totalling RM420 million, believed to have originated from 1Malaysia Development Bhd (1MDB).
— New Sarawak Tribune

21 still warded after food poisoning at Malay Dignity Congress
Twenty One of the 197 university students who suffered food poisoning at the Malay Dignity Congress here yesterday are still being treated at hospitals.
— Malay Mail

1MDB ex-CEO becomes suspicious of Jho Low when probe begins
Former chief executive officer of 1Malaysia Development Berhad (1MDB), Datuk Shahrol Azral Ibrahim Halmi (pix) told the High Court here today that he became suspicious of the fugitive businessman Low Taek Jho or Jho Low after the authorities started investigating the 1MDB case in 2015.
— The Sun Daily

IPCMC bill has plenty of teeth, Liew tells NGO
The minister says the oversight body will have investigative powers under the Criminal Procedure Code which will make it ‘just as good as the police’.
— FMT News

Analyst: Former Najib loyalist Salleh PKR could be liability, fuel PKR factionalism
Datuk Seri Salleh Said Keruak’s reputation as former prime minister Datuk Seri Najib Razak’s outlet for attacking Tun Dr Mahathir Mohamad previously could make him a liability to PKR if it chooses to accept him.
— Malay Mail

Govt will consider all offers for PLUS acquisition, says Mahathir
The government will consider all offers for the acquisition of PLUS Malaysia Bhd if the price is right, said Prime Minister Tun Dr Mahathir Mohamad.
— The Sun Daily

Tioman airport project awaits final approval by state govt: Berjaya founder
Plans are under way for an international airport to be built in Pulau Tioman to boost tourism arrivals there, said Berjaya Corporation Berhad founder Tan Sri Vincent Tan.
— The Sun Daily

Khazanah to pare down debt to RM35-RM40 bln
Khazanah Nasional Bhd is to further pare down its debt to between RM35-RM40 billion by year-end from RM47 billion currently, via continued assets disposal and investment sales activities.
— New Sarawak Tribune

Govt mulling 2-tier pricing system for private hospitals, says Guan Eng
The finance minister says private hospitals should consider measures to reduce costs and pass on the savings to help patients who cannot afford treatment.
— FMT News

Malacca will not let water woes become annual event: CM
Since the last episode of water woes which affected 25,167 account holders in the state last month, the focus is now on the state government and Syarikat Air Melaka Berhad’s (SAMB) plan to ensure that the problem will not be an annual event.
— The Sun Daily

 

 

Feature photo WCS Malaysia

This week’s Malaysia morning news feature photo focuses on World Habitat Day, October 7.

 

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.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Malaysia daily news that you need to know to start your day into an easy to read, time saving format of Malaysia news headlines and first paragraphs before 8.15am Malaysia time.

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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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