Malaysia morning news for July 26

Malaysia morning news for July 26

Malaysia morning newsMalaysia wants a better economic deal with China
Malaysian Prime Minister Mahathir Mohamad is pushing back against China’s dominance in its economy, stalling billions of dollars of contracts as he tries to renegotiate them.
— The Asean Post

Nurul Izzah: Anwar will come back to Malaysia once he gets clean bill of health
Datuk Seri Anwar Ibrahim has successfully undergone surgery in Turkey for his right shoulder and will return to Malaysia as soon as he can, said Nurul Izzah Anwar.
— The Star Online

Malaysia seeks to complete US$10b project rocked by scandal
WITH its reflective blue glass facade and 12-storey clear glass crown, the Exchange 106 tower in Kuala Lumpur is meant to make a commanding statement about this fast-growing Malaysian capital’s readiness to be regarded among the world’s great cities.
— Business Times

Malaysia introduces measures to eliminate illegal gold and iron mining
The Malaysian State Forestry Department has announced that it will increase efforts to crack down on illegal gold and iron mining in the state of Pahang, following operations which led to the arrest of several illegal miners last week.
— Mining Technology

Malaysia to be firmer in row over South China Sea
Foreign Minister Saifuddin Abdullah said Wednesday that Malaysia’s new government will adopt a firmer stand in tackling a decades-old territorial row in the South China Sea amid China’s aggressive expansion in the disputed area.
— PhilStar

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GST vs SST: Malaysians are waiting for clarity over new manufacturer-facing regime
What’s in a letter? A great deal, if Malaysia is anything to go on, as the newly elected Pakatan Harapan (PH) government rolls back the hated GST sales tax system to replace it with an SST — a move which few people really understand, but everyone seems to have a view about.
— Food Navigator

Malaysia open to working with EU on palm oil, says deputy minister
Shamsul Iskandar Mohd Akin’s comments follow French envoy’s statement that European opinion of palm oil still negative.
— The Malaysian Insight

Foreign direct investments into Malaysia seen weak in 2018
Foreign direct investments into Malaysia may stay weak this year after falling 13% in 2017, hurting prospects of stronger economic growth when global tariff tussle risks stifling exports of the trade-reliant country.
— Nikkei Asian Review (paywall)

Incentives given to all airlines, not just AirAsia — Fernandes
AirAsia Group chief executive officer Tan Sri Tony Fernandes in his latest tweet acknowledged all the incentives provided by Malaysia Airports Holdings Bhd (MAHB) to nurture low-cost travel growth, but pointed out that they were given to all airlines and not just AirAsia.
— The Borneo Post

11 Uyghurs Ask Malaysia’s Attorney General to Drop Illegal-Entry Charges
Eleven Uyghur Muslims who are charged with illegally entering Malaysia and could be deported to China have asked the attorney general to drop the charges as they prepare for trial in September.
— Radio Free Asia

WHY SINGAPORE WON’T BE REPEATING MALAYSIA’S POLITICAL DRAMAS ANY TIME SOON
In May, soon after the surprise victory of his Pakatan Harapan (PH) alliance in elections, he quipped that Singaporeans “must be tired of having the same government, the same party since independence”, a clear reference to the republic’s ruling People’s Action Party’s (PAP) almost six-decade monopoly on power.
— South China Morning Post

MAB to ferry over 70,000 umrah pilgrims from four operators
Malaysia Airlines Bhd (MAB) is set to ferry over 70,000 pilgrims from four umrah tour operators for the umrah season beginning October 2018 until June 2019.
— New Straits Times

Malaysia Orders New Anti-Tank Missiles
Malaysia has ordered an unknown number of shoulder-launched New Generation Anti-Tank Weapons (NLAWs) developed by Sweden.
— Aviation week

Datasonic Group aggressively promotes its businesses in West Africa and Middle East
Datasonic Group Bhd is aggressively promoting its businesses in West Africa and the Middle East under the national security programme which includes identification card (IC), passport, credit card and debit card solutions.
— New Straits Times

SCB to launch associate platform at TriBE 2018
Sarawak’s inaugural conference, Business Events Tribal Meet (TriBE 2018) on August 24, 2018, will also see the launch of the BESarawak Alliance – a dedicated associate platform for government ministries and agencies to further Sarawak’s economic transformation.
— The Borneo Post

Malaysia: Growing angst over Malay Muslim rights
Umno and PAS stir unease among Malay community amid changes to policies and personnel by the new government.
— The Straits Times

Rakuten Trade marks first year as trailblazing fintech startup
Digital equity broking platform Rakuten Trade Sdn Bhd (Rakuten Trade) first opened its doors a little over a year ago and has grown from strength to strength with the commitment to change and simplify the equity broking Industry.
— The Borneo Post

Singapore shares rally as banks advance, Malaysia edge higher
Singapore shares rebounded strongly Wednesday, playing catch up to recent gains in other Asian markets, and Malaysia advanced further thanks to overnight positive leads from the Wall Street.
— Nikkei Asian Review (paywall)

Malaysia to host 22nd DGICM from Aug 5-9
Malaysia will host the 22nd Asean Directors-General of Immigration Departments and Heads of Consular Affairs Divisions of Ministries of Foreign Affairs Meeting (DGICM), which will be held here from Aug 5 to 9.
— The Sun Daily

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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 by AEC News Today is your one stop source for Malaysia news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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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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