Malaysia morning news for April 5

Malaysia morning news for April 5

Malaysia morning newsMalaysia to enhance halal certification system in push towards global hub status: DPM Wan Azizah
The Malaysian government has come up with new methods to enhance its halal certification system in its push to be a global halal hub, deputy prime minister Wan Azizah Wan Ismail said on Wednesday (Apr 3).
— Channel NewsAsia

Malaysia’s February exports unexpectedly fall 5.3 pct y/y
Malaysia’s exports fell sharply in February, the first contraction since August as trade slowed with most of its partners, government data showed on Thursday.
— Nasdaq

​​​​​​​Malaysia initiates anti-dumping duty investigation on non-alloy steel from Việt Nam
Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of cold-rolled coils of iron or non-alloy steel originating or exported from four countries, including Việt Nam, China, Japan and South Korea.
— Viet Nam News

Moody’s lowers Malaysia’s GDP outlook for 2019, 2020
Moody’s Investor Service today reduced Malaysia’s Gross Domestic Product (GDP) outlook to 4.4 per cent for this year, and 4.3 per cent for 2020.
— Malay Mail

Malaysia is world No.1 consumer of illegal ciggies
Malaysia has become the largest consumer of illegal cigarettes with over 12 billion sticks sold last year.
— The Star Online

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Philippines: Malaysian Hostage Shot During Rescue from Abu Sayyaf Militants
Islamic State-linked militants shot and wounded a Malaysian hostage as Filipino security forces rescued him in the southern Philippines on Thursday, almost four months after the man and two Indonesians were seized at sea off eastern Malaysia, military officials said.
— Benar News

Targeted subsidies may be extended to M40, says minister
Targeted subsidies rolled out for the bottom 40% (B40) income group could be extended for the medium 40% (M40) income group, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
— The Malaysian Reserve

Malaysia’s debt now more manageable, but government may sell more assets: PM Mahathir
Malaysia’s national debt has declined to a manageable level, but the government is still considering selling some assets to trim the deficit further, said Prime Minister Mahathir Mohamad on Thursday (Apr 4).
— Channel NewsAsia

Malaysia Federal Court hears appeals from Najib’s legal team
Former Malaysian prime minister Najib Razak’s legal team went back to court on Thursday (April 4) with three appeals relating to a former 1Malaysia Development Berhad (1MDB) subsidiary, SRC International.
— The Straits Times

Putrajaya may extend price control period during festive seasons
The government is considering extending the duration for price-controlled items during festive periods, as part of measures to alleviate the rakyat’s rising living costs, said Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
— Malay Mail

Moody’s: Malaysia able to service elevated debts
Although Malaysia’s debt burden is elevated and has consistently been above median levels, it is able to service its debts, according to rating agency Moody’s Investors Service.
— The Star Online

Malaysia urged to reinvestigate 2 apparent police abductions
Malaysia’s government has been urged to reinvestigate the disappearances of a Christian pastor and a Muslim activist after a public inquiry concluded the duo were abducted by the police special branch over matters against Islam.
— Fox News

Malaysia exports record sharpest fall in over 2 years in February
Malaysian exports posted the steepest fall in more than two years in February, against a backdrop of a slowing global economy and persistent trade tensions.
— Financial Times

Malaysia’s film industry is moving in the right direction
This year’s Malaysia Film Festival (FFM), its 30th edition, honours the most prestigious films while having a varied list of nominees in each category.
— Star2

AirAsia receives highest number of air traffic rights
The AirAsia Group received the highest number of approvals from the Malaysian Aviation Commission’s (Mavcom) allocation of air traffic rights (ATR) to Malaysia’s local carriers for the period of January 1 to March 31, 2019.
— The Borneo Post

Grab Malaysia’s new tipping feature gets mixed reactions
Malaysians today responded to the news of Grab’s new tipping feature with mixed feelings, with some expressing their displeasure on Facebook.
— The Star Online

Govt does not intend to amend Bankruptcy Act
The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534).
— The Star Online

Genting keeps ‘poker face’ on Equanimity plan
Genting Malaysia Bhd has confirmed it is paying US$126 million to buy Jho Low’s seized Equanimity but the casino operator is hardly generous on what exactly it will do with the superyacht.
— New Straits Times

Malaysia’s 5G spectrum biddings not for profit, says MCMC
The Malaysian government does not expect to profit from 5G spectrum that will be assigned to mobile operators and is expected to reveal the timeline for doing so by October 2019, key officials from the country’s industry regulator said.
— Computer Weekly

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EPF spending guide vastly understates real costs, finance portal argues
Recommended budgeting in the Employees Provident Fund’s (EPF) Belajawanku is unrealistic for unmarried Malaysians residing in Klang Valley, according to an iMoney survey.
— Malay mail

F&N Malaysia repositions 100PLUS in the eyes of youths with new campaign
Fraser & Neave (F&N) Malaysia has rolled out a campaign which repositions its 100PLUS flavoured drinks range as an active lifestyle drink, under the slogan “100PLUS Aktifkan Potensimu” (Unleash Your Inner Potential). The campaign will run until 21 April and was done in collaboration with UM and Ensemble Worldwide.
— Marketing interactive

Dr M: Malaysia debt-to-GDP ratio lower now, to sell more assets to reduce borrowings
Prime Minister Tun Dr Mahathir Mohamad says Malaysia’s debt-to-GDP ratio is lower now, resulting in a more manageable debt level, but the government will sell more assets to reduce borrowings.
— The Edge Markets

Affin Bank set to ramp up SME and commercial business
Affin Bank Bhd has been working hard to re-engineer its approach to banking with small and medium enterprises (SMEs). At the same time, it has also been making major tweaks to its commercial business.
— The Malaysian Reserve

Malaysia has asked for more time to decide on Johor Bahru-Singapore RTS Link: MOT
Singapore’s Transport Ministry confirmed on Thursday (Apr 4) that Malaysia has requested for a six-month extension on a deadline to respond to matters related to the Johor Bahru-Singapore Rapid Transit System Link (RTS) project.
— Channel NewsAsia

E&E sector could suffer blow from slowing trade
Malaysia’s electrical and electronics (E&E) sector is likely to suffer from moderating trade momentum amid greater uncertainty and softening global demand.
— The Malaysian Reserve

Leo Moggie: Electricity tariffs to remain unchanged till June
The electricity tariffs are likely to be maintained until June this year as there are no changes in the current Imbalance Cost Pass-Through (ICPT) mechanism for the period of Jan 1 until June 30, 2019.
— The Sun Daily

Shell Malaysia first to have green retail fuels stations in Asia Pacific
Shell Malaysia yesterday achieved another milestone in its ambition for a greener future by being the first in Asia Pacific’s retail fuel industry to be awarded the Green Building Index (GBI) Certification.
— The Borneo Post

HDC: Malaysia seeking partners to improve halal economy
Malaysia will continue to aggressively identify countries to be its partners to improve the halal economy amid the global political and economic uncertainties.
— New Straits Times

Honeywell reaffirms strong commitment to Malaysia via Asean hub in KL
Honeywell, a Fortune 100 global technology and software-industrial leader, has recently reaffirmed its strong commitment and continued contribution towards the growth and development of Malaysia’s Industry 4.0 agenda.
— The Borneo Post

MGA calls for natural gas roadmap
The Malaysian Gas Association (MGA) has urged stakeholders to work together to formulate a comprehensive Natural Gas Roadmap to drive the nation’s socio-economic progress.
— The Borneo Post


Feature photo NASOM

This week’s Malaysia morning news feature photo acknowledges World Autism Awareness Day, April 2. 


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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