The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 10:50 AM
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Topic: 30%

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The world’s oil security blanket has been torched
The real impact of the attack on Saudi oil installations goes well beyond the temporary loss of 5% of global oil production: It strikes at the heart of the mechanism that’s guaranteed the security of the world’s crude supply for most of the past 50 years.
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World's oil security blanket has been torched
THE real impact of the attack on Saudi oil installations last weekend goes well beyond the temporary loss of 5% of global oil production: It strikes at the heart of the...
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TM may bear up to half of NFCP's RM21.6b cost — AmInvestment
KUALA LUMPUR (Sept 20): Telekom Malaysia Bhd (TM) may bear up to half of Malaysia's National Fiberisation and Connectivity Plan's (NFCP) estimated cost of RM21.6 billion due to TM's role as Malaysia's...
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RHB Research retains buy on Kelington, new TP RM1.58
KUALA LUMPUR: RHB Research maintained its buy call on construction and engineering company Kelington Group with a new discounted cashflow-based target...
kopiandproperty.com:
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When businesses could not sustain its operations, jobs will be lost. (how to pay mortgage?)
We love to viral the news of some famous brands closing down here in Malaysia and the number of people losing their jobs.
theSun:
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OPS to put out Sri Aman peat fires on Saturday
KUCHING: The effort to extinguish peat fires at three locations in Sri Aman began with drones mapping the areas yesterday as part of the full operation involving air unit assets scheduled for Saturday...
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L&G to launch RM615m GDV developments next year
KUALA LUMPUR (Sept 18): Land & General Bhd (L&G) is planning to launch development projects with a combined gross development value (GDV) of RM615 million next year.
theSun:
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Field more women candidates in Sarawak election: Zuraida
KUCHING: Pakatan Harapan (PH) Women Chief Zuraida Kamaruddin (pix) today urged the Sarawak PH to field more women candidates in the 12th state election in line with the federal government’s commitme...
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Ministry optimistic ‘Buy Malaysian Products’ campaign will be a success
BIDOR: Domestic Trade and Consumer Affairs Ministry (KPDNHEP) is optimistic that the ‘Buy Malaysian Products’ campaign will be a success locally and internationally.
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Govt committed to promoting local goods regardless of race, says minister
BIDOR: The government is committed to promoting Malaysian-made products, says Datuk Seri Saifuddin Nasution Ismail.
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Proton sets up new 3S centre in Kuantan
KUANTAN: Proton has officially opened its new 3S (Sales, Service and Spare parts) centre in Kuantan - making it the third dealer outlet in the state of Pahang to carry the company’s new corporate id...
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Proton opens third 3S Centre in Kuantan with new CI
Proton has opened the doors to the new 3S Centre and third dealer outlet in Kuantan, Pahang, complete with the national automaker’s new corporate identity.
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Porsche 911 is the most profitable car of 2019
NEW YORK: The most profitable car launched in the past year was not a Tesla.
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Hubline buys 75% of property investment firm for RM16.4m
KUALA LUMPUR (Sept 12): Shipowner and charterer Hubline Bhd is acquiring a 75% stake in property investment company Absolute Privilege Sdn Bhd for RM16.37 million to secure tenancy for its dry bulk op...
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AM Research: Furniture exporters have big price advantage in US
PETALING JAYA: The furniture industry appears to be a clear winner from the ongoing trade war between the US and China, said a research house.
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Logistics operator Hubline to buy 75% stake in APSB for RM16.36mil
KUALA LUMPUR: Logistics operator, Hubline Bhd, is proposing to acquire a 75% stake in Absolute Privilege Sdn Bhd (APSB) for RM16.36mil.KUALA LUMPUR: Logistics operator, Hubline Bhd, is proposing to acquire a 75% stake in Absolute Privilege Sdn Bhd (APSB)...
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Hubline acquires 75% of property investment company for RM16.37m
KUALA LUMPUR (Sept 11): Ship owner and charterer Hubline Bhd is acquiring a 75% stake in property investment company Absolute Privilege Sdn Bhd for RM16.37 million to secure tenancy for its dry bulk o...
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Supermax: Trade war benefits rubber glove sector
KUALA LUMPUR: Rubber gloves manufacturer Supermax Corp Bhd is expecting its exports to increase by 10%, boosted by sales of medical gloves due to the ongoing United States (US)-China trade war.
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Supermax allocates RM1.13b to double capacity by mid-2024
KUALA LUMPUR (Sept 6): Supermax Corporation Bhd has earmarked RM1.13 billion in capital expenditure (capex) to double its production capacity by mid-2024.
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3Q2019 Vistage-MIER CEO Confidence Index: Sentiments remain cautious
CONFIDENCE among CEOs remained muted as the soft global economy and trade tensions continued to pose challenges for the Malaysian economy and their businesses.
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Penang’s ‘not my problem’ stance on low-cost units morally wrong, says CAP
GEORGE TOWN: Penang’s first-time home buyers continue to be ripped off as developers charge double for low-cost flats worth RM42,000 or RM72,500, the Consumers’ Association of Penang (CAP) claimed...
Tech in Asia:
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PayPal remains dominant in e-payments, but its business model may need updating
PayPal, a company that once innovated the world of digital payments, is facing certain challenges.
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Billionaire Uniqlo founder wants a woman to succeed him
TOKYO: Tadashi Yanai, Fast Retailing Co.’s 70-year-old billionaire founder, said he would prefer to be succeeded by a woman, which would be better for Asia’s largest...
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KVDT2 rehabilitation to be completed in five years instead of seven
SERENDAH (Sept 3): The planned RM4.475 billion second phase of the Klang Valley Double Track (KVDT2) rehabilitation project will now involve 265km of KTM Bhd railway tracks instead of 110km as announc...
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Study shows workers value ‘strong management’ in their employer
PETALING JAYA: Two in five or 44% of Malaysian workers have ranked “strong management” as the most important factor they look for in an ideal employer, according to The Employer Brand Research 201...
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Dhaya Maju LTAT to complete 265km KVDT2 rehabilitation in five years
SERENDAH (Sept 3): The planned RM4.475 billion second phase of the Klang Valley Double Track (KVDT2) rehabilitation project will now involve 265km of KTM Bhd railway tracks instead of 110km as announc...
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Shippers want new air cargo charges dropped
PETALING JAYA: Air freight companies and shippers are seeking a suspension of new charges by MASkargo which came into effect yesterday, predicting that prices of air-flown imported goods could rise by...
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Undiagnosed: The case of Malaysian urban poverty
PETALING JAYA: Prof Denison Jayasooria wants to change the face of urban poverty.
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Zecon sinks into the red in 4Q, plans another private placement
KUALA LUMPUR (Aug 30): Zecon Bhd has sunk into the red with a net loss of RM10.98 million, with a loss per share of 8.38 sen, in its fourth quarter ended June 30, 2019 (4QFY19), as revenue dived 60.48...
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Melting Greenland to host first electric racing series
LONDON: Greenland will be one of five climate-threatened locations to host the first Extreme E championship in 2021, the pioneering all-electric off-road racing series said today.
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Slow and steady the way for Maideasy as it looks to offer more value
BACK in 2015, Meriza Mustapha (pic) and her husband, Azrul Rahim, founded Maideasy, a mobile or web platform for homeowners to easily and quickly hire part-time cleaners.
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Apple to start online sales in India after country eases rules
Apple Inc is poised to start online sales of its devices in India within months, a person familiar with the matter said, benefiting from new rules making the world’s...
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Google Is Moving Pixel Production Out Of China And Into Vietnam
Alphabet Inc’s Google has become the next smartphone maker that is opting to shift the production of its Pixel smartphones outside of China.
theSun:
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Forest fire: Schools reopen after fire shows signs of abating
ISKANDAR PUTERI: The Sekolah Kebangsaan (SK) Tanjung Adang and Sekolah Menengah Kebangsaan (SMK) Tanjung Adang that were closed for two days from Sunday, following a forest fire in Gelang Patah here, ...
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Virgin Australia swings axe as loss puts focus on costs
SINGAPORE: Virgin Australia Holdings said on Wednesday it would cut 750 jobs, merge business divisions and conduct a sweeping review of its operations...
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Forest fire: Schools advised to remain closed until situation improves
ISKANDAR PUTERI: Two schools affected by the forest fire in Gelang Patah, near here, have been advised to remain closed until the situation improves.
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EPF’s i-Invest to attract members aged 40 and below
PETALING JAYA: The Employees Provident Fund (EPF) is banking on over one million members aged 40 years and below to transfer a portion of their savings in its Account 1 into unit trusts, with the introduction of the i-Invest online platform.
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Opec’s market share sinks — and no sign of wavering on supply cuts
LONDON, Aug 22 — Opec’s share of the global oil market has sunk to 30%, the lowest in years, as a result of supply restraint and involuntary losses in Iran and Venezuela, and there is little sign ...
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FMM: Manufacturers remain cautious on outlook for second half
KUALA LUMPUR: Manufacturers are bracing for slower growth in the second half of 2019, in light of the economic uncertainties that are expected to persist for the remainder of the year.
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EPF's i-Invest gets mixed reactions from experts
PETALING JAYA: There have been mixed reactions from the experts on the Employees Provident Fund’s (EPF) move to encourage its members to invest a portion of their retirement savings into unit trusts via a simplified and cheaper online platform.
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EPF launches online platform for unit trust investment
KUALA LUMPUR: The Employees Provident Fund has launched its i-Invest online platform, which allows members to make informed investments in unit trust funds offered by EPF-approved fund management institutions (FMI).
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EPF now lets you invest in unit trust funds directly via i-Akaun portal
To make it easier to diversify retirement savings, Employees Provident Fund (EPF) has launched its i-Invest platform which allows its members to invest in unit trust funds with their EPF savings.
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EPF members can start investing online in unit trust
KUALA LUMPUR (Aug 19): Employees Provident Fund (EPF) members can now invest in unit trust funds offered by EPF-approved fund management institutions (FMIs) through the self-service i-Invest online pl...
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EPF launches online platform for unit trust investment
KUALA LUMPUR: The Employees Provident Fund has launched its i-Invest online platform, which allows members to make informed investments in unit trust funds offered by EPF-approved fund management institutions (FMI).
Free Malaysia Today:
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Malaysia ill-prepared for IR 4.0, employers group agrees
PETALING JAYA: The Malaysian Employers Federation (MEF) says the country is ill-prepared for Industrial Revolution 4.0 (IR 4.0), warning that Malaysia will no longer be competitive if it is not able t...
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To cope in an IR4.0 world, grads must take charge of own learning
By 2021, IDC expects over 21% of Malaysia’s GDP to be contributed by the Digital Economy against the current level of 18%.
Fintech News Malaysia:
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ASEAN Needs to Address Several Gaps to Be at the Forefront of Fintech
Experts in both the public and private sectors all agreed that ASEAN stands to be at the forefront of the development of financial technology fintech by making financial services and financing availab...
Free Malaysia Today:
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Urban youth not ready for IR 4.0, says research firm
SUBANG JAYA: Industry research firm International Data Corporation (IDC) said today that Malaysia’s future workforce is unprepared for Industrial Revolution 4.0 (IR 4.0), according to a study conduc...
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Acme proposes one-for-four bonus warrants; to raise up to RM22m to buy Penang land
KUALA LUMPUR (Aug 8): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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Review mySalam before it’s too late
I refer to the statements by PSM chairman Dr Jeyakumar Devaraj and Galen Centre for Health and Social Policy CEO Azrul Mohd Khalib with regards to mySalam. At the onset of the birth of mySalam, I had ...
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Acme proposes one-for-four bonus warrants; to raise up to RM22m to buy Penang...
KUALA LUMPUR (Aug 7): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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NS govt willing to help out Nora Anne’s family
SEREMBAN: The Negri Sembilan state government is ready to offer a helping hand to the family of Nora Anne Quoirin, 15, the Irish girl who has been missing from The Dusun resort in Nilai near here sinc...
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Teaching people to know when it’s okay for sex
PETALING JAYA: Two women’s rights societies have called for more comprehensive sex education in schools so that both men and women will understand the need for consent in sexual relationships.
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Sarawak requests for Federal Govt’s clarification on departure levy
SIBU: Sarawakians commuting from Miri to Limbang and Lawas via Brunei are unsure of whether they would be imposed the departure levy to be enforced on Sept 1.
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Felcra to disburse RM27.59m in dividends
KUALA LUMPUR: Felcra Bhd has declared a dividend payout of RM27.59 million to 46,922 of its participants nationwide.
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Felcra to pay out RM27.59 mil in dividends
KUALA LUMPUR: Felcra Bhd has declared a dividend payout of RM27.59 million to 46,922 participants nationwide.
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Felcra to disburse RM27.59m in dividends
KUALA LUMPUR (Aug 2): Felcra Bhd has declared a dividend payout of RM27.59 million to 46,922 of its participants nationwide.
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Penang low-medium cost house buyers claim forced to pay double the price
GEORGE TOWN: The Consumers’ Association of Penang (CAP) says it has received numerous complaints from first-time house buyers who claim they are being forced to pay more than the price mandated by t...
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5 Steps to getting your finances in order to buy a property
A lot of people think they’re prepared to buy a house, but when it’s time to apply for a mortgage or home loan to help pay for their dream homes, they find out that they aren’t quite ready yet.
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India cuts tax rate on electric vehicles to boost uptake
Indian commuters plying a busy road in New Delhi.— AFP NEW DELHI: India slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally friendly cars.
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AHB, Tan Chong Motor, FGV, MSM Malaysia, Boustead Plantations, Boustead,...
KUALA LUMPUR (July 26): Based on corporate announcements and newsflow today, stocks on focus for July 29 (Monday) might be as follows: AHB Holdings Bhd, Tan Chong Motor Holdings Bhd, FGV Holdings Bhd,...
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Netflix rolls out mobile-only plan in India, 60% cheaper than Basic plan
In an attempt to reach out to more users in price-sensitive markets, Netflix has officially announced a new mobile-only plan for India.
theSun:
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IR4.0 push stalls on slow SME uptake
PETALING JAYA: The push towards the Fourth Industrial Revolution (IR4.0) seems to have hit a wall.
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Sitec announces the top startups from its Selangor Accelerator Programme 2019
THE Selangor IT and e-Commerce Council has announced the top ten winners for the Selangor Accelerator Programme 2019 (SAP 2019).
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Selangor MB: Sabotage possibly involved in recent Sg Selangor fuel spill
BESTARI JAYA: Selangor Mentri Besar Amirudin Shari says there was a possible act of sabotage involved in the recent fuel spill into Sungai Selangor, resulting in the closure of the Sungai Selangor Phase 2 water treatment plant here and further water cuts in the state.
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Another effort to make KL a green city
KUALA LUMPUR: Sixteen saplings of the Melaka Tree were planted in various parts of Kuala Lumpur today under an initiative to bring greenery to Greater Kuala Lumpur and the Klang Valley.
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If MAS is to be sold, cast the net wider
The Alternative View - M Shanmugam Malaysia Airlines Bhd (MAS) is like the Brazilian football team. Almost everybody, from politicians to technocrats and investment analysts, seems to be an expert in how it can improve its services in good and bad times.
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MACC awaits briefing on weaknesses in Auditor-General's Report
PUTRAJAYA (June 17): The Malaysian Anti-Corruption Commission (MACC) will meet with the National Audit Department before deciding whether an investigation should be conducted on the weaknesses disclos...
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MACC awaits briefing on weaknesses in Auditor-General’s report
PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) will meet with the National Audit Department before deciding whether an investigation should be conducted on the weaknesses disclosed in the ...
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MACC is waiting for a brief on weaknesses in the audit report
PUTRAJAYA (June 16): The Malaysian Anti-Corruption Commission (MACC) will meet with the National Audit Department before deciding whether an investigation should be conducted on the weaknesses disclos...
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A new era has begun; the new Porsche 911 is now in Malaysia!
Porsche Malaysia has launched the new 992 generation Porsche 911 here in Malaysia at the Sepang International Circuit with the Carrera S starting from RM1,150,000 with the new Carrera 4S starting from...
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Tencent wants up to 70% of sales generated from its games
HONG KONG: Tencent Holdings Ltd is pressing China’s top smartphone vendors and app stores to boost the cut of revenue it gets from games sold through their platforms, people familiar with the matter said, stepping up efforts to claw back profits as its business slows.
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How the World Can Solve Its 2-Billion-Ton Trash Problem
(July 12): The stench of curdled milk wafted from a shipping container of waste at Malaysia’s Port Klang as Environment Minister Yeo Bee Yin told a group of journalists in May she would send the mag...
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Dr Wee discusses politics, global issues with former Ukrainian minister
PETALING JAYA: Datuk Seri Dr Wee Ka Siong met with a former Ukrainian minister in Parliament Thursday (July 11).
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Samsung To Close Down Mobile Production Plant In China
Amidst the on-going trade war between the US and China, Korean electronics giant Samsung is already planning on moving one of its manufacturing plant out of the Chinese mainland.
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PTPTN borrowers listed in CCRIS can buy first home
KUALA LUMPUR: National Higher Education Fund Corporation (PTPTN) borrowers listed in the Central Credit Reference Information System (CCRIS) will be able to buy their first house, said Housing and Loc...
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PTPTN borrowers listed in CCRIS can buy 1st home
KUALA LUMPUR: National Higher Education Fund Corporation (PTPTN) borrowers listed in the Central Credit Reference Information System (CCRIS) will be able to buy their first house, said Housing and Loc...
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GALLERY: Honda City 1.5L V in Passion Red Pearl
Honda Malaysia announced last month that the City can be ordered with a Passion Red Pearl paintjob, so here’s a full gallery of the B-segment model in that shade for your viewing pleasure.
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CM: Malacca can overcome flood in six months
ALOR GAJAH: The Malacca government is optimistic that the problem of flash floods which often hit the state can be overcome in six more months through the implementation of four major initiatives to a...
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Derivatives vigilantes punishing ‘bad’ nations
Asset managers are increasingly using their financial clout to persuade companies to be friendlier to the planet, wielding a combination of the stick of disinvestment and the carrot of engagement. But can the financial world do more to ensure countries and their central banks are also meeting their environmental, social and governance responsibilities?
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HP, Dell, other tech firms plan to shift production out of China: Nikkei
Several major US-based technology companies are planning to shift substantial production out of China, spurred by a bitter trade war between Washington and Beijing, the Nikkei reported on July 3, citing sources.
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Ong: Ramasamy should have gone through IDEAS report
PETALING JAYA: Penang Deputy Chief Minister Dr P Ramasamy would have been more constructive in his reminder had he gone through the detailed report card produced by IDEAS, MP for Bangi Dr Ong Kian Min...
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Nielsen sees security concerns as main barrier to e-wallet adoption
E-WALLET adoption in Malaysia is still at its infancy.
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No to African workers
TRADE and industry groups in the country are against any government decision to bring in African workers, citing social and cultural issues.
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Taking African workers for plantation work just a proposal, says Mahathir
PETALING JAYA: The government’s proposal to take foreign workers from Africa to work in the plantation sector is still at the proposal stage, Prime Minister Dr Mahathir Mohamad said.
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Powernet appoints Serba Dinamik's Karim deputy chairman, Mustakim group MD
KUALA LUMPUR: The new substantial shareholders in Kumpulan Powernet Bhd, led by billionaire Datuk Mohd Abdul Karim Abdullah, have taken management control of the company.
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IDEAS: Govt can achieve balanced budget in four years
KUALA LUMPUR (June 28): The government is able to achieve a balanced budget in the next four years based on steps it is taking to reduce costs, observed the Institute for Democracy and Economic Affair...
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Bring back the big events to KL
MALAYSIAN fans of the biggest band in the world have been scrambling to get tickets for U2’s South-East Asian debut on Nov 30 and Dec 1.
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Zen Courts wins legal battle against Ho Hup
PETALING JAYA: The Kuala Lumpur High Court has decided in favour of Zen Courts Sdn Bhd in its share valuation hearing, after a nine-year legal battle with Ho Hup Construction Company Bhd.
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Random checks find employers not complying with minimum wage ruling
PUTRAJAYA (June 27): Random checks by the Human Resource Ministry on 274 employers nationwide recently found that almost 30% of them did not comply with the RM1,100 minimum wage.
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30% of employers not complying with minimum wage ruling
PUTRAJAYA: Random checks by the human resources ministry on 274 employers nationwide recently found that almost 30% of them did not comply with the RM1,100 minimum wage ruling.
theSun:
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Random checks find employers not complying with minimum wage ruling
PUTRAJAYA: Random checks by the Human Resource Ministry on 274 employers nationwide recently found that almost 30% of them did not comply with the RM1,100 minimum wage.
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Honda Malaysia Opens First 3S Centre In Bintulu, Sarawak
Honda customers in Bintulu, Sarawak are now able to enjoy more convenience and easier accessibility with the opening of the new Honda 3S Centre by Kemena Auto Sdn.
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Cost optimisation to aid Astro's earnings performance
KUALA LUMPUR: Astro Malaysia Holdings Bhd's core earnings of RM184mil, which rose 6% year-on-year in 1QFY20 came in within expectations, said Alliance DBS research.
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Dream home within your reach
OWNING a home is no longer just a pipe dream. Whether you have difficulty getting a loan or are trying to make the best choice for yourself between renting and owning, S P Setia is there to take on the challenges with you and guide you along the way – from the very moment you decide to buy your dream property.
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Kelantan religious teacher and headman to promote vaccine awareness
KOTA BHARU: The Kelantan government will promote the importance of measles vaccination among the Orang Asli community in Kampung Kuala Koh, Gua Musang through the religious teacher and penghulu or hea...
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Govt to resolve problems of refugees at Bukit Malut holistically
SHAH ALAM: The government will study problems on refugees at Bukit Malut, Langkawi, Kedah, to resolve the matter holistically, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail.
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Ducati on track to meet sales target
PETALING JAYA: Next Bike Sdn Bhd, a unit of Naza Corp, is confident of selling some 380 units of the high-performance lifestyle Ducati motorcycles this year.
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YouTube AR lets beauty blog viewers digitally try on makeup
Google has revealed that YouTube will soon get a feature that lets viewers digitally test out the makeup that their favourite beauty gurus are reviewing in their videos.
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Most Malaysians don’t know the signs of cancer
PUTRAJAYA: Fear of cancer is enough to push more than 90% of Malaysians to visit their doctors within two weeks of seeing tell-tale signs of the disease.
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