Malaysia Morning News For July 3

Halal Exports Growth Expected To Increase By 5 To 6pct In 2017 – HDC
The Halal Industry Development Corporation (HDC) expects the exports of halal products to grow between five per cent and six per cent this year from RM42 billion recorded last year, said chief executive officer, Datuk Seri Jamil Bidin.
— Malaysian Digest

Malaysia’s PMI falls to record low in June
The Nikkei Malaysia Manufacturing Purchasing Managers’ Index, or PMI, dropped to 46.9 in June from 48.7 in May, recording the lowest reading in the survey’s five-year history.
— Nikkei Asian Review

More developers being wooed by govt’s ‘green’ incentive
There has been a substantial rise in green development projects in Malaysia as more developers and investors are drawn to the government’s “green” tax incentives and cost-saving initiatives.
— Free Malaysia Today

Malaysia’s GDP growth fuels market optimism
Malaysian stock market optimism is apparent on economic and corporate earnings growth expectations.
— The Edge Markets

Edra’s listing on Bursa M’sia to raise in excess of RM5 bln
Independent power producer (IPP), Edra Power Holdings Sdn Bhd, is expected to be listed on the Main Board of Bursa Malaysia in November this year.
—The Borneo Post

Gov’t targets furniture exports to top RM12b by 2020
The government hopes Malaysian furniture manufacturers would be able to top RM12 billion by 2020, now that a total ban of rubberwood exports is in place.
— New Straits Times

Too many teachers doing admin work, says professor
A university professor has questioned the need for so many teachers to be assigned to perform administrative work instead of teaching.
— Free Malaysia Today

U.S. Ban Worries Asia-Based Carriers
THE in-cabin ban on electronic devices by the United States on 10 airports in the Middle East, which may be extended to other Asian carriers, is becoming a big inconvenience.
— Malaysian Digest

Malaysia’s market to see recovery in earnings — Analysts
Malaysia’s FBM KLCI earnings could see a recovery in the remaining half of the year due to steadier commodity prices, improvements in external demand and gradual recoveries in domestic consumption, analysts observed.
— The Borneo Post

M3Tech expects to turn around in coming financial year
Having been in the IT industry for 17 years since the dotCom boom at the start of the millennium, M3 Technologies (Asia) Bhd (M3Tech) has established a foothold in the mobile value-added services segment.
— The Edge Markets

International Yoga Day sets MBOR Record
The International Yoga Day celebration held at the Dataran Merdeka yesterday, has made it into the Malaysia Book of Records (MBOR) for ‘Most Participation in a Yoga Session’.
—The Borneo Post

Maritime agency busts Vietnamese fish transfer racket
The Malaysian Maritime Enforcement Agency (MMEA) stumbled on a fish transfer racket involving 14 Vietnamese fishermen about 35 nautical miles northeast of Pulau Tioman in Pahang yesterday.
— The Malay Mail Online

After Indonesia, Malaysia’s Perkasa calls for boycott against Starbucks over ‘pro-LGBT stand’
Malay rights group Pribumi Perkasa Malaysia had urged Muslims nationwide to boycott Starbucks on Sunday (July 2) over a four year-old quote by its then chief executive supporting the lesbian, gay, bisexual and transgender (LGBT) community.
— Today Online

Illegal workers arrested in raids across Malaysia
In the early hours yesterday, a convoy of trucks and cars with 86 officers on board rolled out from Malaysia’s Immigration Department headquarters.
— The New Paper

Malaysia files new application to ICJ on Pedra Branca ruling; Singapore says it’s ‘without merit’
Malaysia on Friday (Jun 30) filed an application requesting interpretation of the judgment delivered by the International Court of Justice (ICJ) in 2008 over the sovereignty of Pedra Branca, in a move Singapore has called “puzzling”.
— Channel NewsAsia

Extend deadline or offer better choices, Govt urged
Bosses are hoping for either the E-Card registration deadline to be extended or alternatives be given to them.
— The Star Online

Ministry: Sale of pufferfish will be made illegal soon
The Health Ministry is coming up with a regulation – make the sale of pufferfish illegal unless its toxins have been removed first.
— The Star Online

E-Card registration fee reduced registration numbers: MEF
The action by the Immigration Department in imposing almost RM600 to apply for the Enforcement Card (E-Card) are among the factors that had stopped employers from registering undocumented workers sooner, claimed Malaysian Employers Federation (MEF) executive director Datuk Shamsuddin Bardan.
— The Sun Daily

Feature photo John Walker
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).

Malaysia morning news is published M-F by AEC News Today: Governance, not government; policies not politics.

Malaysia Morning News For July 3 added by Leakhena Khat on July 3, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.