Malaysia Morning News For June 26, 2020

World Bank: Malaysia can be high-income nation within 10 years despite Covid-19, but six reforms needed for transition
Malaysia could graduate from being a middle-income nation to a high-income country within 10 years’, but would need to carry out six major reforms to do so, including by creating high-paying jobs and having more women join the workforce, the World Bank has said.
— Malay Mail

‘Weak commitments’: Malaysian big food firms’ food wanting on nutrition commitments – obesity expert
Many big food and beverage companies in Malaysia have made commitments to improve product and population nutrition, but researchers have found these to be ‘weak’, ‘non-specific’ and lacking in comprehensiveness.
— Food Navigator Asia

With uncertain vote base, analysts say Anwar’s PM bid hinges on East Malaysian support
Datuk Seri Anwar Ibrahim’s bid to become Pakatan Harapan’s (PH) prime minister candidate relies on him gaining at least one-third of East Malaysian MPs’ support, observers suggested.
— Malay Mail

100 days of MCO: Malaysia’s success in flattening the Covid-19 infection curve
Hundred days since the movement control order (MCO) took effect on March 18 have seen the country’s success in flattening the curve of Covid-19 infection, thus reducing the transmission of the virus in the community.
— The Star Online

Minister: 12th Malaysia Plan delayed due to Covid-19 pandemic, was to be tabled in Parliament in August
Preparations for the 12th Malaysia Plan (12MP) were already in the advanced stages before the government was forced to abandon and relook at its strategies amid the Covid-19 pandemic, Minister in the Prime Minister’s.
— Malay Mail

As Muhyiddin seeks mandate to lead Malaysia, will Perikatan back him as PM?
Tan Sri Muhyiddin Yassin emerged seemingly out of left field to become the prime minister in March after what was initially believed to be a power struggle between Tun Dr Mahathir Mohamad and Datuk Seri Anwar Ibrahim in.
— Malay Mail

Myanmar to evacuate its citizens if Malaysia allows
Myanmar is planning to evacuate its citizens in Malaysia using relief flights if Malaysian government allows, said Aung Myint, Director General of Strategic Studies and Training Department under the Ministry of Foreign Affairs during a meeting with Datuk Zahairi Bin Baharim, Malaysian Ambassador for Myanmar on June 22 at the office of the Ministry of Foreign Affairs in Yangon.
— Eleven Myanmar

Malaysia losing talent it needs to climb world ladder, Fitch unit says
Stalled reforms and perceived discrimination will keep up the chronic brain drain that has hampered Malaysia’s economic development at a time regional rivals are catching up to or surpassing the country, said Fitch Solutions Country Risk & Industry Research.
— Malay Mail

Malaysia welcomes Saudi Arabia’s consideration on haj pilgrimage to proceed
Malaysia has welcomed Saudi Arabia’s stance to consider allowing haj pilgrimage for this year to proceed for the Muslim population from other countries who were already there.
— The Sun Daily

Health Ministry targets zero Covid-19 cases by mid-July, urges SOP compliance so ‘life may return to normal’
Malaysians should not feel anxious by the government’s decision to allow large-scale social gatherings from July 1 as the Covid-19 infection rate in the country is under control, Health director general Datuk Dr Noor Hisham.
— Malay Mail

Malaysian palm oil producers step up perks to retain foreign workers
After five years of often back breaking work on a Malaysian palm oil plantation, Bangladeshi national Babul told his employer this month he was ready to call it quits.
— The Sun Daily

Burst pipe repairs in Petaling completed
Air Selangor Sdn Bhd (Air Selangor) has announced that repair works on a burst pipe beside the Besraya Highway near the Kenswington Avenue Condominium, Sungai Besi, has been completed ahead of schedule at 3am on Thursday (June 25).
— The Star Online

Melaka health officers seek interpreter’s help to issue closure order on barbershop with foreign workers
Language barrier turned out to be a challenge for Melaka Health Department when issuing a seven-day closure order to three barbers from Bihar, India, during a check on the recovery movement control order (MCO) compliance.
— The Star Online

Ipsos poll shows Malaysians now massively against refugees, 82pc want borders closed
Malaysian respondents in a global Ipsos survey showed they were among those most in favour of closing their countries off to refugees in the current Covid-19 pandemic.
— Malay Mail

Overview of the employment scene in Malaysia
Despite cost pressures amid Covid-19, most companies in Malays say they are not reducing salaries and have no plans to retrench.
— The Sun Daily

Enforcers find business premises disguising detergent as hand sanitisers in Kuching
Some business premises in the city were found to be using detergent disguised as sanitiser for customers to clean their hands before entering the premises.
— The Borneo Post

S’wak Marine Police arrest two suspects, seize illicit cigarettes and vehicles
The Sarawak Marine Police have seized illicit cigarettes of various brands with an estimated value of RM63,336 that were hidden in a multi-purpose vehicle (MPV) and pickup truck yesterday.
— The Borneo Post

Malaysia losing talent it needs to climb world ladder, Fitch unit says
Stalled reforms and perceived discrimination will keep up the chronic brain drain that has hampered Malaysia’s economic development at a time regional rivals are catching up to or surpassing the country, said Fitch.
— Malay Mail

Malaysia’s political uncertainty seen keeping country stuck in middle-income trap for next decade
Malaysia’s bid to rise in the economic value chain is set to stay stagnant, according to Fitch Macro Country Risk and Industry Research that predicted the country’s growth for the coming 10 years to be half what it was.
— Malay Mail

Air Selangor: Repair works on burst pipe in Sungai Besi completed
Repair works on a burst pipe beside the Besraya Highway near the Kenwingston Avenue condominium construction site in Sungai Besi was completed ahead of schedule at 3am today.
— Malay Mail

Selangor police detain two men involved in drug processing
The Selangor Police have arrested two men believed to be involved in drug processing and seized various types of drugs worth RM198,805 in two raids carried out in Ampang and Sungai Buloh on Monday.
— The Sun Daily

Urban poverty in state due to rural urban migration, says Sarawak minister
The increased migration of rural people who lack personal development skills to urban areas is one of the factors which has contributed to the existence of urban poor population in Sarawak.
— Malay Mail

Tekun Nasional to launch Mobilepreneur 2.0 financing scheme for delivery riders
Tekun Nasional will soon launch the Tekun Mobilepreneur 2.0 financing scheme to provide financing of up to RM10,000 to delivery riders for the purchase of a new motorcycle and working capital.
— Malay Mail

RMCO: 19 farmers’ markets in Perak reopen
Nineteen out of the 29 farmers’ markets in Perak began operating in stages from today, with the number of traders being reduced to maintain social distancing.
— Malay Mail

Sabah MKN deports 134 illegal immigrants to Indonesia
A total of 134 illegal immigrants from Indonesia were deported to their home country today via Tawau Ferry Terminal, said Sabah National Security Council (MKN) director Sharifah Sitti Saleha Habib Yussof.
— The Sun Daily

Yinson posts RM46.7m net profit for Q1
Yinson Holdings Bhd recorded a net profit of RM46.71 million for its first quarter ended April 30, a 6.3% drop from RM49.85 million a year before higher depreciation and amortization charges, absence of amortisation of unfavourable contracts, impairment losses, a write off of contract acquisition costs and higher finance costs.
— The Sun Daily

Liquidity-fuelled rally causes equity market-economy disconnect
The local bourse’s recovery of late, as reflected in the FBM KLCI, has been by and large driven by liquidity and retail investors, which in turn has caused a disconnect between the equity market and the economy.
— The Sun Daily

Maybank Kim Eng expects ‘major decision’ by FTSE Russell on Malaysia in September
Maybank Kim Eng expects a “major decision” in September with regard to FTSE Russell’s stance on Malaysia.
— The Sun Daily

Two Japanese Encephalitis cases detected in Penang, says state Health Dept
Two cases of Japanese Encephalitis (JE) infection were reported in Penang, namely in Sungai Bakap locality within the Seberang Perai Selatan district (SPS), according to the statement issued by the State Health Department.
— Malay Mail

Perak MB: Privatisation of state’s waste management started under Pakatan
Perak Mentri Besar Datuk Seri Ahmad Faizal Azumu today said the decision to privatise waste management throughout the state was made by the previous Pakatan Harapan (PH) government last year.
— Malay Mail

Fiscal discipline essential as nation goes deeper into debt
OUR national debt could hit the statutory limit of 55% of gross domestic product at the end of this year from 52% currently.In revealing this, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this is due to the implementation of measures to save lives, protect livelihoods and stimulate the economy.
— The Sun Daily

As MOH sets zero case target in July, victory over Covid-19 in sight?
July is the much-awaited month of the year as the country is expected to be free of Covid-19 after the fight against it began in January this year.
— Malay Mail

No new Covid-19 case in Sabah
There was no new Covid-19 case in Sabah yesterday. And altogether, there are only four yellow districts left in Sabah. They are Papar (one case), Tawau (one case), Tuaran (four cases) and Penampang (three cases).
— The Borneo Post

Ticket sales for KTM ETS, intercity services start tomorrow
Tickets for KTM Electric Train Service (ETS) and Intercity rides between July 1 and July 14 will go on sale beginning tomorrow.
— The Sun Daily

Compound exemption for late business registration renewals extended
The Companies Commission of Malaysia (SSM) will extend the period of compound exemption for late business registration renewals until Dec 31.
— The Sun Daily

Spritzer Q1 earnings up 13.8%, thanks to lower manufacturing costs
Spritzer Bhd saw a 13.8% rise in its net earnings for the first quarter ended March 31 to RM8.79 million, from RM7.71 million previously mainly due to lower manufacturing costs.
— The Sun Daily

ARB to dispose of remaining stake in timber business
ARB Bhd has entered into a conditional share sale agreement with AY Brothers Sdn Bhd for the proposed disposal of its remaining 51% interest in Aturmaju (Sabah) Holding Sdn Bhd for RM5.6 million, as part of its plan to transform ARB’s business position from the timber sector to the information technology sector.
— The Sun Daily

Contractor and ex-supervisor nabbed by MACC over false claims
A contractor and a former office supervisor were arrested by the Malaysian Anti-Corruption Commission (MACC) today for allegedly forging the signature of a state assemblyman to make false claims amounting to RM39,000.
— The Sun Daily

Deputy speaker to be selected via consensus: Amirudin
The Pakatan Harapan component parties are looking for a suitable candidate for the post of deputy speaker of the Selangor Legislative Assembly, said state PH chairman Datuk Seri Amirudin Shari.
— The Sun Daily

Eager for a swim? Practise social distancing even in waters, says Dr Noor Hisham
Health Director-General Datuk Dr Noor Hisham Abdullah today urged the public to practise social distancing even in the waters as the government recently announced that swimming pools and other recreational water activities.
— Malay Mail

Gamuda third-quarter earnings 77% lower
Gamuda Bhd’s net profit for its third quarter ended April 30 fell 77.1% to RM40.23 million, from RM175.99 million in the same quarter of the previous year, attributed to work stoppages, lack of property sales and low traffic plying its four expressways during the movement control order (MCO) period.
— The Sun Daily

PM Muhyiddin visits KL school, gives thumbs up on reopening
Tan Sri Muhyiddin Yassin visited Sekolah Menengah Kebangsaan (SMK) Datok Lokman in Jalan Kampung Pandan here today to check out the reopening of schools after a three-month closure due to the Covid-19 pandemic.
— Malay Mail

Pandemic shrinking revenue of animal shelters, while more pets being dumped due to shifting priorities
Animal shelters have become the latest casualty of the Covid-19 pandemic.
— The Sun Daily

Friendliness, openness key to public governance success – minister
Friendliness and openness are key components towards achieving public governance success as they allow proponents to move forward more easily to help fast track the quest of building a better Malaysia.
— The Borneo Post

Pakatan Youth criticises Perak MB’s move to trade old Camry for new Lexus while thousands go jobless as ‘selfish’
Perak Pakatan Harapan (PH) Youth leaders today condemned Mentri Besar Datuk Seri Ahmad Faizal Azumu for his decision to upgrade his official car from a Toyota Camry to a Lexus ES sedan when Malaysians are in financial straits.
— Malay Mail

Feature photo Universiti Malaysia Sarawak (UNIMAS)
This week’s Malaysia morning news feature photo focuses on United Nations Public Service Day , June 23.

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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