Malaysia morning news for March 3

Malaysia morning news for March 3
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Malaysia morning news

Malaysia’s new prime minister has been sworn in — but some say the political crisis is ‘far from over’
One week after the shock resignation of Mahathir Mohamad as Malaysia’s prime minister, the country now has a new premier — but some analysts said the political crisis is not over yet.
— CNBC

How a $7 billion dispute helped bring down Malaysia’s Mahathir
In the weeks before his shock resignation as prime minister threw Malaysia into turmoil, Mahathir Mohamad was getting agitated.
— The Jakarta Post

Malaysia confirms delivery, training schedule for light attack helicopters
Malaysia’s Army chief confirmed the country will receive the first of six light attack helicopters this year, with Malaysian personnel bound for training in the United States.
— DefenseNews

MoH investigating reports of two public figures linked to confirmed Covid-19 case
The Ministry of Health (MoH) is investigating news of two public figures claimed to have been in contact with a Covid-19 positive patient, who is Malaysia’s 26th case.
— The Borneo Post

Singapore says looking forward to resumption of talks with new Malaysian govt on HSR, RTS projects
Singapore is looking forward to resuming talks with the new government in Malaysia on the delayed Singapore-Kuala Lumpur High Speed Rail (HSR) and the Johor Baru Rapid Transit System (RTS) projects in the coming months,.
— Malay Mail

Malaysian e-commerce aggregator iPrice raises US$10M Series B financing
Malaysian e-commerce aggregator iPrice raises US$10 million in Series B financing iPrice Group, an e-commerce aggregator platform in Malaysia, has raised US$10 million in a Series B funding round, led by ACA Investments, according to DealStreet Asia.
— e27

Covid-19: Sarawak records 15 new PUI cases today
The Coronavirus Disease 2019 (Covid-19) person-under-investigation (PUI) cases took a drastic turn today when 15 new cases, two of which involved Vietnamese nationals, were recorded in the state.
— The Borneo Post

CM: Civil servants in Melaka must remain calm, carry on with duties
Civil servants in the state are reminded to maintain their work quality and remain calm in carrying out their duties in accordance with the laws and policies of the government.
— Malay Mail

Health Ministry investigates people close to infected Khazanah executive
It’s +1 in Malaysia’s Covid-19 case tally after a Khazanah senior executive was confirmed to have the virus on Sunday.The Health Ministry said it initiated an investigation immediately, following claims of an ex-minister and his deputy coming into close contact with the infected individual.
— The Sun Daily

Proton’s market share hits 77-month high
National carmaker Proton posted strong results for the second consecutive month of 2020 with sales growing over 80 per cent in February compared to the same month last year, garnering 23.8 per cent of the month’s market share, its highest since August 2013.The company said a total of 9,974 units of vehicles were registered.
— The Sun Daily

Now, MIDA also postpones annual review over Covid-19 fears
The Malaysian Investment Development Authority (MIDA) announced today that its media conference on its annual performance has been postponed as a precaution to the coronavirus disease (Covid-19) outbreak.
— Malay Mail

Explainer: What are the possible scenarios of a no-confidence motion in Malaysian parliament?
Malaysia has been rocked by political upheaval over the last week, with the shock resignation of Dr Mahathir Mohamad, the collapse of Pakatan Harapan (PH) and Mr Muhyiddin Yassin being sworn in as the country’s eighth prime minister.
— CNA

Analysts: Crucial for new govt to act quickly, take bold measures to boost confidence
The new government of Prime Minister Tan Sri Muhyiddin Yassin need to act quickly and take bold measures to boost public and investor confidence in the near term by ensuring the sustainability of economic.
— Malay Mail

Khazanah, govt to further review proposals for Malaysia Airlines
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd says it will continue to work closely with the government and Malaysia Airlines to further review the proposals and finalise a decision on the appropriate strategic option moving forward.
— The Sun Daily

IGP meets Dr M for over an hour
Inspector-General of Police Tan Sri Abdul Hamid Bador today met former Prime Minister Tun Dr Mahathir Mohamad for more than an hour at the Perdana Leadership Foundation (YKP) building, here.
— The Borneo Post

Stop harassing female activists, women’s groups tell cops as Marina, Ambiga probed after Fadiah
A coalition of women’s rights groups have urged authorities to halt its investigations against activists Datin Paduka Marina Mahathir and Datuk Ambiga Sreenevasan for joining a rally last night.
— Malay Mail

Health D-G: Family, secretary of 26th Covid-19 patient cleared
The family members and secretary of a senior government-linked corporation (GLC) executive who contracted the coronavirus disease (Covid-19) have all tested negative for the virus.
— Malay Mail

Muhyiddin to meet KSN, dept heads on his first day as PM
Newly-minted Prime Minister Tan Sri Muhyiddin Yassin who began his first day in office today, is scheduled to meet with the Chief Secretary to the Government (KSN) and heads of departments and agencies to coordinate the administration of the government.
— The Sun Daily

Guocoland to sell Menara Guoco to Tower REIT for RM242.1m
Guocoland (Malaysia) Bhd has proposed to dispose of Menara Guoco in Damansara Heights to Tower Real Estate Investment Trust (Tower REIT) for RM242.1 million cash, in a related party transaction.
— The Sun Daily

PMO denies Muhyiddin meeting political leaders today
Tan Sri Muhyiddin Yassin is only scheduled to meet the heads of Malaysia’s security forces today, the Prime Minister’s Office said.
— Malay Mail

Foreigners sold RM1.26b equities on Bursa last week, highest in more than 20 months
International investors took out a whopping RM1.26 billion net of local equities last week, the largest weekly foreign net outflow in 88 weeks.
— The Sun Daily

Senior citizen remanded to facilitate probe into allegation of insulting King on Facebook
A senior citizen has been remanded for four days to facilitate police probe into allegation of insulting the Yang di-Pertuan Agong on Facebook.
— The Borneo Post

Manufacturing sector tested by Covid-19, PMI slips to 48.5
Malaysia’s manufacturing Purchasing Managers’ Index (PMI) fell to 48.5 in February, from 48.8 in January, as the delivery of key raw materials from China was disrupted by the coronavirus outbreak, according to a note by IHS Markit.
— The Sun Daily

Bursa Malaysia settles 1.06% lower at 1,466.94
Bursa Malaysia recouped some of its earlier losses to settle 1.06 per cent lower today as investors remained uncertain over the local political developments amid lingering Covid-19 fears.
— The Sun Daily

Police reports lodged against MPs for reneging on statutory declarations for PM candidates
Three police reports have been lodged here against Members of Parliament who failed to keep to their statutory declaration and switched support for candidates in the recent race for the prime minister’s post.
— The Borneo Post

Zahid met Muhyiddin briefly, but aide says it was an unofficial meeting
Datuk Seri Ahmad Zahid Hamidi (pix) did meet briefly with Tan Sri Muhyiddin Yassin before the Prime Minister left for Muar, says an aide.
— The Star Online

Prosecutors to cite Zahid for contempt after bid to delay trial repudiated by PMO
Prosecutors today sought to move the High Court to cite Datuk Seri Ahmad Zahid Hamidi for contempt, after the Umno leader allegedly made false representation to the court to postpone his ongoing corruption trial this.
— Malay Mail

MCA: BN played no part in plot to form backdoor government
Barisan Nasional (BN) component party MCA today insisted that BN was not part of the plot to form a backdoor government.
— Malay Mail

Loretto: Allegations of changes in Sabah state government untrue
Allegations that there will be changes in the Sabah state government are not true, said Parti Warisan Sabah’s secretary general Datuk Loretto Padua.
— The Borneo Post

Malaysia’s new PM Muhyiddin Yassin takes office amid economic challenges
Muhyiddin Yassin took office as Malaysia’s new prime minister on Monday, capping a week of political chaos caused by the shock resignation of Mahathir Mohamad, and as the country’s economy weakens mainly due to the spread of the coronavirus.
— CNA

Outgoing Melaka CM apologises for change in state administration
Outgoing Melaka Chief Minister Adly Zahari has apologised to the people for the change in the state’s administration.
— The Star Online

Perak excos soldier on while in the dark about the fate of Pakatan state government
Perak Pakatan Harapan (PH) state executive committee chairmen are uncertain if the state government is still valid after the realignment of political parties that led to Tan Sri Muhyiddin Yassin becoming the prime minister.
— Malay Mail

PKR ‘Cartel’ members left behind meet Dr M in Putrajaya
PKR vice president Chua Tian Chang and former PKR Youth deputy chief Dr Afif Bahardin were seen entering the Perdana Leadership Foundation to meet former prime minister Tun Dr Mahathir Mohamad today.
— Malay Mail

PM-linked stocks see trading swell, sin stocks under pressure
Eden Inc Bhd and Thriven Global Bhd saw a surge in investor interest today, following the appointment of Tan Sri Muhyiddin Yassin as Malaysia’s eighth Prime Minister over the weekend.
— The Sun Daily

UDA board member confirmed Covid-19 positive
UDA Holdings Berhad (UDA) confirms that one of its board members has tested positive for Covid-19. In a statement today, UDA said that the affected individual is now being quarantined in a government hospital.
— The Borneo Post

My case not dropped, just postponed for today, says Zahid Hamidi
Umno president Datuk Seri Dr Ahmad Zahid Hamidi said his ongoing court case was only postponed for one day and has not been dropped. He said the trial would resume tomorrow.
— The Borneo Post

Shafee’s money-laundering trial vacated to make way for Najib’s ongoing trial
The trial of Tan Sri Muhammad Shafee Abdullah (pix), who is facing two counts of money laundering charges involving RM9.5 million he allegedly received from former prime minister Datuk Seri Najib Abdul Razak, and two charges of making false statements to the Inland Revenue Board (IRB), has been vacated.
— The Sun Daily

Ex-Sarawak PKR duo defend decision to support Muhyiddin as PM
Two former PKR lawmakers today defended their decision to support Tan Sri Muhyiddin Yassin as the prime minister after they were accused of betraying the trust of voters in Sarawak by jumping ship before the collapse of Pakatan.
— Malay Mail

Khazanah reports turnaround in overall 2019 performance, profits up to RM7.36b
Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns.
— The Sun Daily

Despair yesterday, spirit to fight corruptors today: Hannah Yeoh
Segambut Member of Parliament Hannah Yeoh (pix) may have been a casualty of the recent political crisis, losing her position as the Deputy Minister for Women, Family and Community development, but her spirit to serve continues.
— The Sun Daily

Johor PAS congratulates PM, urges rakyat to support new leadership
Johor PAS today congratulated Tan Sri Muhyiddin Yassin on his appointment as the eighth Prime Minister while urging the people to give their support to the government and the country’s new line of leadership.
— The Sun Daily

Najib’s son fails to stay proceedings of IRB suit
The High Court here has dismissed former Prime Minister Datuk Seri Najib Razak’s son, Datuk Mohd Nazifuddin’s application for a stay of proceedings of the Inland Revenue Board (IRB) lawsuit against him to seek RM37.6mil in unpaid taxes, pending an appeal on the tax assessment to the IRB.
— The Star Online

Civil servants in Malacca must remain calm, carry on with duties: CM
MALACCA: Civil servants in the state are reminded to maintain their work quality and remain calm in carrying out their duties in accordance with the laws and policies of the government.
— The Sun Daily

Explain stance on Zahid’s claim charges ‘politically-motivated’, Bersatu Youth tells Muhyiddin
The Parti Pribumi Bersatu Malaysia Youth wing has demanded for party president Tan Sri Muhyiddin Yassin to state his stand on new ally Datuk Seri Ahmad Zahid Hamidi’s claim that his court cases are politically-motivated.
— Malay Mail

No clampdown as long as people adhere to the law, says IGP
Inspector-General of Police Tan Sri Abdul Hamid Bador (pix) said today that police will not restrict or prohibit the people from expressing their discontent over the current political situation as long as it is carried out within the perimeters of the law.
— The Sun Daily

PM: No meeting with political leaders today
Prime Minister Tan Sri Muhyiddin Yassin is not meeting any political leaders today, his office said.The statement was issued after Umno president Datuk Seri Ahmad Zahid Hamidi’s corruption trial was adjourned this morning apparently for him to meet the prime minister to discuss the formation of the new Cabinet.
— The Sun Daily

 

 

Feature photo CITES

This week’s Malaysia morning news feature photo focuses on World Wildlife Day, March 3, here poached elephant tusks and pangolin scales.

 

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).

 

 

About Malaysia morning news.

Malaysia morning news roundup is the most comprehensive hand-curated selection of Malaysia English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Malaysia English language news today.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Malaysia daily news that you need to know to start your day into an easy to read, time saving format of Malaysia news headlines and first paragraphs before 8.15am Malaysia time.

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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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