Malaysia Morning News For May 17

Malaysia Morning News For May 17
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Malaysia morning news

Malaysia eyes sale of Proton as Mahathir’s dream fades
In its day, automaker Proton Holdings was a source of national pride and the centerpiece of a bold strategy by Mahathir Mohamad, Malaysia’s leader for more than two decades, to turn his country into an industrialized powerhouse equal to Asian Tigers like South Korea and Taiwan. The former prime minister founded the company in 1983, calling its first sedan, the Saga, an icon of “national dignity.”
– FMT/ Bloomberg

Corruption: 191 civil servants among 414 individuals nabbed by MACC
Civil servants made up about 46 per cent of the 414 people detained by the Malaysian Anti-Corruption Commission (MACC) for various offences so far this year, says MACC deputy chief commissioner (prevention) Datuk Shamshun Bahari Mohd Jamil .
– The Borneo Post

Minister: MARA produces 399 educators with PhD to increase competency
The Majlis Amanah Rakyat (MARA) has produced 399 educators who are doctorate holders from the Institusi Pendidikan MARA (IPMa) to increase the professionalism and competency of the teaching staff there.
– Malay Mail Online

Cyber attack eases, at least 12 incidents reported in Malaysia
Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry “ransomware” attack warned it would release more malicious code.
– The Star Online

Fitch sees no need for change in Malaysia rating
International credit ratings and research agency Fitch Ratings says it does not see any near-term signs that could make it alter its current A- rating stable outlook on Malaysia but maintains that it would continue to monitor the country’s state of public finances.
– The Star Online

JJPTR comes to a full stop, following arrest and raid
Following the arrest of Johnson Lee and two of his key associates in the JJPTR investment scheme, everything has come to a full stop as to its business operations and Facebook (FB) pages, The Star reported.

‘Sugar price unlikely to increase by 40sen per kg’
While there have been that MSM Malaysia Holdings Bhd (MSM) is still in talks with the government to increase local sugar price by 40sen per kilogram (kg), analysts opine that a price increase of this quantum is unlikely.
– The Borneo Post

CM committed to Internet connectivity devt
Chief Minister Datuk Amar Abang Johari Tun Openg said he will look for another RM1 billion if the first RM1 billion he pledged earlier is not enough to finance development of Internet connectivity in Sarawak.
– The Borneo Post

Google and FB must be socially responsible’
Cyberspace giants such as Facebook and Google cannot just shrug off responsibility when gruesome, gory and graphic content is making its rounds on their electronic platforms, said media experts.
– The Star Online

Malaysia encouraged to work with Maori, NZ business
Māori Development Minister Te Ururoa Flavell has told Malaysian businesses they can rely on high quality, fresh and safe food and beverage products from Aotearoa New Zealand.
– Fresh Plaza

JJPTR scheme: Three men arrested in Petaling Jaya
Police detained three local men who are suspected to be involved in the controversial investment scheme, JJ Poor to Rich (JJPTR) in Petaling Jaya, Selangor yesterday.
– The Borneo Post

Linde Group may invest RM2bil in Malaysia
Linde Malaysia Sdn Bhd, a unit of the Germany-based Linde Group, may invest about RM2bil in Malaysia within five years and is part of the company’s proposed five-year plan, said Asia-Pacific chief operating officer Sanjiv Lamba.
– The Star Online


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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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