Malaysia Morning News For April 6

Swiss making progress in 1MDB case despite Malaysia’s silence: top prosecutor
Swiss Attorney General Michael Lauber said on Wednesday that his money laundering investigation into Malaysian fund 1MDB was making progress despite Malaysian authorities’ refusal to cooperate.
— Reuters

Hadi’s Shariah Bill likely to be debated today
PAS president Datuk Seri Abdul Hadi Awang’s proposed amendment to increase Shariah Court punishments is likely to be debated in Parliament today.
— Malay Mail Online

MITI: Halal industry players need to embrace e-commerce
The halal industry players must embrace the e-commerce push as the traditional brick and mortars mode of doing business is on its way out, said the Ministry of International Trade and Industry (MITI).
— New Straits Times

Bursa Malaysia ends mixed, CI down 2.52 points
Bursa Malaysia ended mixed on Wednesday with the composite index closing in the negative territory, weighed down by selling in selected heavyweights led by Hong Leong Bank and Genting.
— New Straits Times

Mitsubishi UFJ Financial Group ups CIMB stake
Mitsubishi UFJ Financial Group Inc (MUFG) has emerged as a substantial shareholder in CIMB Group Holdings Bhd with a 5.11% indirect stake.
— The Star Online

Malaysia arrests 28 Vietnamese for illegal fishing, one dies in detention
Malaysian maritime authorities have arrested 28 Vietnamese for illegal fishing off the northeastern city of Miri, and one fisherman died while in detention, Malaysia’s media reports said.
– VBN

WCT secures RM189mil LRT3 depot contract
WCT Holdings Bhd has clinched a RM185.9mil contract from Prasarana Malaysia Bhd to build the Johan Setia depot and undertake associated works under the Light Rail Transit Line 3 (LRT3) project.
— The Star Online

Najib: India visit paradigm shift needed by two countries to realise each other’s potential
Prime Minister Datuk Seri Najib Razak described his recent working visit to India as a paradigm shift needed by the two countries in realising each other’s potential.
— Malay Mail Online

Malaysia worried EU resolution could dent palm oil exports
Malaysia voiced concern on Wednesday that a call by European Union lawmakers for curbs on imports of palm oil could deal a blow to one of the Asian country’s biggest exports.
— Reuters

EPF, OSK partner to develop Melbourne project with GDV of RM9.4bil
The Employees Provident Fund (EPF) is set to expand its property investment portfolio in Australia by entering into an agreement to subscribe to a 49% interest in Yarra Park City Pty Ltd (YPC) for A$154mil (RM516.8mil).
— The Star Online

Newly-listed Serba Dinamik clinches contracts worth RM469mil
Engineering services provider Serba Dinamik Holdings Bhd announced on Wednesday its first batch of new contracts since its listing in February, comprising five contracts with a combined value of RM469.2mil.
— The Star Online

Dutch PIB Palmeres Consortium signs MoU with AIM to collaborate in biomass sector
Eight Dutch companies under PIB Palmeres Consortium from the Netherlands have signed a memorandum of understanding (MoU) with Agensi Inovasi Malaysia (AIM) to collaborate in the biomass sector.
— New Straits Times

Unique partnership: Promoting M’sian palm oil through Mumbai’s dabbawalas
Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the Malaysian Sustainable Palm Oil (MSPO) certified foods and beverages will soon be promoted in India via a unique partnership with Mumbai’s dabbawalas.
— New Straits Times

Survey: Safety beats price as house buyers’ top concern, but location still king
Malaysians who want to buy houses now consider safety and property size above price, although location remains the most important criterion, a survey has shown.
— Malay Mail Online

Malaysia passes child sex crimes law, does not ban child marriage
A Malaysian MP said girls as young as nine were “physically and spiritually” ready for marriage, as the Muslim-majority Southeast Asian country passed a law on sexual offences against children without criminalizing child marriage.
— Reuters

Women Techmakers celebrate Malaysian women in technology
THE Kuala Lumpur chapter of Google’s Women Techmakers programme recently celebrated Malaysian women in technology with a special event in conjunction with International Women’s Day held at the Google Malaysia office.
— Digital New Asia

Seventeen Cambodians Repatriated From Malaysia
Thirteen Cambodians trafficked to Malaysia in 2015 and last year were to be repatriated on Wednesday, the Foreign Affairs Ministry announced, and another four were returned on Monday after working in Malaysia as maids—a violation of a government ban on sending domestic workers to the country.
— The Cambodia Daily

Feature photo Shahnoor Habib Munmun
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