Sat, 24 Aug 2019, 10:17 PM
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Topic: 2019

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The Penang government has decided on March 13 to purchase 15 units of theToyota Camry 2.5 2019 complete built-up model for use as official cars, saidfinancial officer Sarul Bahiyah Abu.In a statement...
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This article first appeared as 'Food prices have come down, says minister' in The Edge Malaysia Weekly, on August 5, 2019 - August 11, 2019.
theSun:
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BANGKOK: A total of 829,787 Thai tourists visited Malaysia in the first five months of 2019.
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KUALA LUMPUR (Aug 23): As the systems outage at Kuala Lumpur International Airport hits its two-day or 48th hour mark, there have been concerns about how the situation at the key Malaysian airport wil...
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KUALA LUMPUR, Aug 24 ― A new Huawei device is coming to Malaysia next week and it’s a global premiere of the Nova 5T. Huawei Malaysia has sent out media invites for the launch event that’s happ...
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IN light of the alarming increase in the number of dengue cases recently, World Health Organisation Collaborating Centre for Arbovirus Reference and Research director Prof Dr Sazaly Abu Bakar has call...
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ISKANDAR PUTERI: The state Fire and Rescue Department has managed to put out the forest fire at Persiaran Medini and stop it from spreading to the...
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KUALA LUMPUR, Aug 24 ― The ringgit is expected to remain stuck in a tight range as the market seeks more direction from key US economic data expected to be released next week.
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WASHINGTON, Aug 24 ― The world's two largest economies, China and the United States, yesterday exchanged blows in the latest escalation in their trade war that has roiled supply chains and whipsawed...
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PUTRAJAYA: Malaysia welcomed 13.35 million international tourists and recorded a 6.8% growth in tourist receipts, contributing RM41.69bil to the country’s...
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PETALING JAYA: DRB-Hicom Bhd has posted a net profit of RM46.21mil for the first quarter ended June 30,2019 (1Q19) from a net loss of RM66.59 mil a year ago due to...
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KUALA LUMPUR: Oil and gas service provider, Dayang Enterprise Holdings Bhd’s net profit for the second quarter ended June 30,2019 (Q2 2019) rose to...
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PETALING JAYA: For school principal Tay Keng Lee, the #AnakAnak­Malaysia Walk 2019 is the perfect opportunity for his students from Chung Hua Independent High...
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KUALA LUMPUR: Petronas Dagangan Bhd’s (PetDag) net profit slipped 45% to RM172.75mil for the second quarter ended June 30,2019 (2Q19) from RM314.42mil due to...
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KUALA LUMPUR: Independent power producer Malakoff Corporation Bhd posted net profit of RM52.2mil in the second quarter ended June 30,2019, which was a a slight...
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AUGUST 24 — For most people who started to watch films seriously in the 90s, the name Quentin Tarantino holds as much power and influence as Kurt Cobain’s name did for serious music lovers in the ...
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KUALA LUMPUR: Malaysia must protect independent voices ready to expose, question and hold accountable the government on behalf of the public, says Sarawak Report...
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This article first appeared as 'Regulators in business - Profit, charity & conflict' in The Edge Malaysia Weekly, on August 12, 2019 - August 18, 2019.
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KUALA LUMPUR (Aug 23): As the systems outage at Kuala Lumpur International Airport hits its two-day or 48th hour mark, there have been concerns about how the situation at the key Malaysian airport wil...
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Abdul Karim (third right) joins Mohd Akil, on his right, and others in posing for a group photo at the opening ceremony.
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KUALA LUMPUR (Aug 23): Based on corporate announcements and news flow today, companies in focus next Monday (Aug 26) could include DRB-Hicom Bhd, Boustead Heavy Industries Corp Bhd, Dayang Enterprise ...
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KUALA LUMPUR (Aug 23): London Biscuits Bhd, which defaulted on a RM9.8 million loan payment, has managed to place out its last tranche placement share at an average issue price of 32.4 sen per share, ...
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PUTRAJAYA: PKR secretary-general Datuk Seri Saifuddin Nasution Ismail has reminded party leaders not to neglect basic responsibilities like attending party meetings.
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KUALA LUMPUR (Aug 23): Malaysia’s tourist receipts grew 6.8% year-on-year (y-o-y) to RM41.69 billion during the first half of the year (1H19), compared with RM39 billion in the corresponding period ...
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KUALA LUMPUR (Aug 23): DRB-Hicom Bhd, whose share price soared to a 19-year high of RM2.95 today, posted a net profit of RM46.21 million for the three months ended June 30, 2019, versus a net loss of ...
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KUALA LUMPUR (Aug 23): Boustead Heavy Industries Corp Bhd (BHIC) saw its net profit contract 59% year-on-year in the second quarter of financial year 2019 (2QFY19) despite higher revenue, following lo...
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Hong Kong: Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them.
Malaysiakini:
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PhD student Nur Fitri Azmeer Nordin, who was convicted for possession of child pornography in the UK, is not listed in the child sex offenders’ registry maintained by Malaysia’s Social Welfare Dep...
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KUALA LUMPUR, Aug 23 — The government’s official records of convicted child sexual offenders are only from 2017 onwards as they are parked under a new 2017 law, while a math genius who is currentl...
kopiandproperty.com:
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The property market of Malaysia definitely needs a dose of positive burst.
Carlist.my:
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Team Proton R3 has recently announced the MSF-R3 Lady Racers Search and mentorship programme for race teams competing in the Malaysia Speed Festival (MSF) series.
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KUALA LUMPUR (Aug 23): Cagamas Bhd said its issuance of debt papers for August totalled RM1.8 billion, the highest this year.
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Mercedes-Benz Malaysia has reached the six-figure mark at its assembly plant in Pekan, Pahang, with a Mercedes-AMG C 43 4Matic sedan becoming the 100,000th car to roll out the production facility. 201...
PaulTan.org:
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With the Subaru Outback and Forester now equipped with EyeSight in Malaysia, what of the XV then?
PaulTan.org:
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It’s time once again for another weekly fuel update, and for the coming week, users of RON 97 petrol will have to pay more for the fuel than they did for the past two weeks.
SoyaCincau.com:
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A new Huawei device is coming to Malaysia next week and it’s a global premiere of the Nova 5T. Huawei Malaysia has sent out media invites for the launch event that’s happening on 27th August 2019 ...
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When it comes to credit card rewards in the US, it's not all about gas, groceries and restaurants anymore. Issuers are moving beyond suburban staples to include...
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KUALA LUMPUR, Aug 23 — Economic Affairs Minister Datuk Seri Azmin Ali today refuted claims by a UN rights expert that Malaysia’s poverty rate has been grossly underreported.
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KUALA LUMPUR (Aug 23): Sarawak Oil Palms Bhd suffered an 84% year-on-year fall in its net profit to RM1.68 million in its second quarter ended June 30, 2019 (2QFY19) from RM10.53 million before, as a ...
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KUALA LUMPUR (Aug 23): Dayang Enterprise Holdings Bhd's net profit grew 42% on-year in its second quarter, thanks to higher profit margin and revenue, with lower finance costs and expenses.
Malay Mail:
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KUALA LUMPUR, Aug 23 — DRB-Hicom Bhd returned to the black with a net profit of RM46.21 million in the first quarter (Q1) ended June 30, 2019 after having chalked up a net loss of RM66.60 million in...
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KUALA LUMPUR: Oil and gas contractor Dayang Enterprise Holdings Bhd posted a jump in second quarter earnings, boosted by increased order book and higher...
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SINGAPORE: Singapore's core inflation eased to its slowest pace in more than three years in July, data showed on Friday, prompting authorities to downgrade their full-year forecast amid firming bets f...
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KUALA LUMPUR: Independent power producer Malakoff Corporation Bhd posted net profit of RM52.2mil in the second quarter ended June 30,2019, which was a a slight...
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KUALA LUMPUR: Maybank Investment Bank Research has upgraded AmBank to buy with a higher target price of RM4.75 after its stronger operating growth in the first...
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KUALA LUMPUR (Aug 23): Pharmaniaga Bhd’s net profit for the second quarter ended June 30, 2019 (2QFY19) ballooned 72%, on the back of higher demand for its products in Indonesia and a lower tax bill...
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KUALA LUMPUR (Aug 23): Wellcall Holdings Bhd net profit increased 21.3% to RM9.45 million in the third quarter ended June 30, 2019 (3QFY19) from RM7.79 million thanks to lower input costs, it said in ...
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KUALA LUMPUR (Aug 23): Petronas Dagangan Bhd reported a 45% drop in its net profit to RM172.75 million for the second quarter ended June 30, 2019, from RM314.42 million in the previous year, amid lowe...
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This article first appeared as 'Who are YWP’s donors?' in The Edge Malaysia Weekly, on August 12, 2019 - August 18, 2019.
Malay Mail:
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KUALA LUMPUR, Aug 23 — Petronas Dagangan Bhd’s net profit slipped to RM172.75 million in the second quarter ended June 30, 2019 (Q2 2019) from RM314.42 million, mainly due to lower gross profit co...
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Hong Kong: Hong Kong housing rents are set to decline as anti-government protests continue to rock the city.
The Star:
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THE policy torpor in Bangkok is over. After sitting out interest-rate cuts and growth warnings that have swept both the developed world and emerging markets for...
Malay Mail:
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KUALA LUMPUR, Aug 23 — Malaysia welcomed a whopping 13.35 million international tourists and recorded a 6.8 per cent growth in tourist receipts from a year ago, thus contributing RM41.69 billion to ...
theSun:
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KUALA LUMPUR: After eight months of waiting for their salary arrears and compensation, about 40 workers of defunct Tamil newspaper Tamil Nesan today urged Human Resource Minister M. Kula Segaran (pix)...
Free Malaysia Today:
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KUALA LUMPUR: After eight months’ wait for their salary arrears and compensation, about 40 workers of the defunct Tamil Nesan today urged Human Resources Minister M Kula Segaran to help them.
Free Malaysia Today:
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JAKARTA: Everything is available on Gojek.
Malay Mail:
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KUALA LUMPUR, Aug 23 — The retail price for RON97 petrol will increase by two sen to RM2.51 from RM2.49 per litre for the period of August 24, 2019 to August 30, 2019.
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KUALA LUMPUR (Aug 23): Malaysia is expected to attract quite a healthy inflow of investments from Chinese companies in the second half of the year, Deputy International Trade and Industry Minister Ong...
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KUALA LUMPUR, Aug 23 — Prime Minister Tun Dr Mahathir Mohamad’s planned visit to Vietnam next week will strengthen the existing strategic partnerships between the two South-east Asian nations, sai...
Carlist.my:
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A week after its first public appearance at the Carlist.my Drive Auto Fair 2019, the all-new fifth-generation Subaru Forester was officially launched earlier today at the new and upgraded Subaru showr...
SoyaCincau.com:
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The ROG Phone II is expected to come to Malaysia very soon but if you can’t wait, you can consider getting the Chinese version that’s released in partnership with Tencent.
Tech in Asia:
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Indonesian ecommerce unicorn Bukalapak has launched a tax payment feature that lets Indonesians pay for expenses like income tax, value-added tax, and luxury sales tax through the Bukalapak platform.
Malay Mail:
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KUALA LUMPUR, Aug 23 — After eight months of waiting for their salary arrears and compensation, about 40 workers of defunct Tamil newspaper Tamil Nesan today urged Human Resources Minister M. Kulase...
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KUALA LUMPUR, Aug 23 — Malakoff Corporation Bhd’s net profit was marginally lower at RM52.25 million for the second quarter ended June 30, 2019, from RM52.55 million recorded in the same period la...
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GEORGE TOWN, Aug 23 — Transport Minister Anthony Loke Siew Fook confirmed that the departure levy will be collected from outbound travellers from September 1 onwards.
Malaysiakini:
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Law lecturer professor Noor Aziah Mohd Awal has been appointed as Suhakam (Human Rights Commission of Malaysia) Commissioner for Children for the 2019-2022 term, the Prime Minister’s Office (PMO) an...
Free Malaysia Today:
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GEORGE TOWN: Transport Minister Loke Siew Fook said the government has decided that the departure levy will stay and collection will begin on Sept 1.
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THIS monthly report is compiled and briefly summarised by a group of lawyers on a voluntary basis for the benefit of readers of The Edge.
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KUALA LUMPUR (Aug 23): Malakoff Corp Bhd's net profit for the second quarter ended June 30, 2019 came in marginally lower at RM52.25 million versus RM52.55 million a year earlier, on the back of lower...
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Abang Johari (second left) in discussion with Awang Tengah (first left) and Zhang (second right).
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Snowdan Lawan KUCHING: Datuk Patinggi Abang Johari Tun Openg said today that one youth assistant minister in the State Cabinet would suffice, and that any more would be unconstitutional.
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KUALA LUMPUR (Aug 23): The Merbau (Malacca teak) tree is Malaysia’s National Tree.
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PETALING JAYA: Prof Datuk Noor Aziah Mohd Awal has been appointed as the new Suhakam's Commissioner for child affairs, beginning this year until 2022.
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KUALA LUMPUR (Aug 23): Shareholders of LTKM Bhd have been advised to accept the takeover offer extended by the company's managing director Datuk Tan Kok and his family.
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KUALA LUMPUR (Aug 23): Tropicana Corp Bhd’s net profit rose 3% to RM39.02 million for the second quarter ended June 30, 2019 (2QFY19), from RM38 million a year ago.
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KUALA LUMPUR (Aug 23): Paramount Corp Bhd, which reported a lower second-quarter (2Q) net profit yesterday following the absence of a disposal gain, announced that Benjamin Teo Jong Hian, the son of c...
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Despite Sony Mobile officially withdrawing from the Southeast Asian region, it looks like Sony Malaysia is still interested in selling you smartphones because they’ve just launched the Sony Xperia 1...
Tech in Asia:
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Swoop Aero, a provider of on-demand autonomous air transport service for medical supplies, has secured seven-figure funding in a round co-led by venture capital firms Tempus Partners and Right Click C...
Lowyat.NET:
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Months after its debut at MWC 2019 and just a couple of weeks after its appearance on the SIRIM database, Sony is finally ready to debut the Xperia 1 in Malaysia.
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SAN FRANCISCO, Aug 23 ― Google seems to have run out of sweets to name new versions of its Android operating system after.
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SAN FRANCISCO, Aug 23 ― Originally scheduled for September 2, the mobile Gears of War game with a Funko Pop collectible figurine aesthetic is available for iOS and Android nearly two weeks early.
Free Malaysia Today:
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GEORGE TOWN: The Penang government today said it has bought 15 Toyota Camry 2.5V cars at a cost of RM2.77 million for its state executive council members to replace the official cars of the same make ...
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KUALA LUMPUR: Dewan Bahasa dan Pustaka (DBP) has expressed dissatisfaction at the decision by the Youth and sports Ministry to rename and rebrand the “2019 National Sports Day” ’ to Malaysia Spo...
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KUALA LUMPUR (Aug 23): Tan Sri Tony Fernandes again called for the improvement of the infrastructure of Malaysian airports following the technical glitch that has occurred at both terminals of the Kua...
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This article first appeared as 'Najib’s SRC trial: How he received and spent RM606 million in 19 months' in The Edge Malaysia Weekly, on August 12, 2019 - August 18, 2019.
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KUALA LUMPUR (Aug 23): Analysts have revised downwards their earnings projections for AirAsia X Bhd (AAX) after its just-announced "whopping quarterly loss", taking into account of a more conservative...
Malaysiakini:
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The Penang government has decided on March 13 to purchase 15 units of the Toyota Camry 2.5 2019 complete built-up model for use as official cars, said financial officer Sarul Bahiyah Abu.
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KUALA LUMPUR (Aug 23): Public Bank Bhd unit Public Mutual launched its PB Global Opportunities Fund (PBGOPF) yesterday.
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Seated from left, Tham, Chan, Yusof, Teo and Gerturude at the briefing for the new administration building, multipurpose hall and auditorium at IPG Gaya campus.
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KUALA LUMPUR (Aug 23): Shares in low-cost long-haul carrier AirAsia X Bhd fell 5.13% this morning after its net loss for the second quarter ended June 30, 2019, ballooned to RM207.11 million from RM57...
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PETALING JAYA: Petroliam Nasional Bhd (Petronas) has been named “Most Attractive Employer in Malaysia” for 2019 by human resources solutions agency Randstad – for the second time.
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PETALING JAYA: Allianz Malaysia Bhd has recorded a net profit of RM117.7mil for the second quarter to end-June, a 30.9% increase compared with the same period a year ago
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In a rather surprising bit of news, Perodua has decided to update their range of Axia models with features and a few new variants for 2019, and while they haven't officially been launched, bookings ar...
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Jaguar Land Rover revealed that they are developing a head-up display that could project safety information in front of drivers and 3D entertainment in front of passengers.
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In a triple celebration, Petronas unveils its National and Malaysia Day webfilm UNI
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PETALING JAYA: AirAsia X Bhd (AAX) has recorded a net loss of RM207.11mil in its second quarter to end-June of financial year 2019 (2Q19)
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PETALING JAYA: Bank Negara’s efforts to increase the number of applicants seeking assistance from its RM1bil housing fund are not expected to make waves, industry sources say.
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KUALA LUMPUR (Aug 22): Based on corporate announcements and news flow today, companies that may be in focus on Friday (Aug 23) may include the following: AirAsia X Bhd, Media Prima Bhd, AMMB Holdings ...
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For more than a decade, record sales have been about as close to a sure thing as exists in the rarely settled music industry.
Malaysiakini:
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Police today confirmed receiving a notice by organisers of the planned 'Say No to Zakir Naik, Equal Rights To Indians & Other Races' rally, but say that the notice was incomplete and did not meet lega...