The Malaysian Pulse
Beat of the Nation
Sun, 15 Sep 2019, 9:46 PM
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theSun:
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Malay heritage park preserves image of Kampung Baru
KUALA LUMPUR: The identity of the 120-year-old Kampung Baru, located right smack in the middle of the city, will be preserved with 11 refurbished traditional homes.
The Star:
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A holistic approach to ageing needed in Malaysia
Everyone needs adequate finances to age healthy with grace and dignity. For those who are not so fortunate, then the Government is responsible to find cost-efficient and...
Free Malaysia Today:
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PAS-Umno pact poses credible threat to PH
KUALA LUMPUR: A pact between Malaysia’s biggest opposition parties is set to pose a key challenge to Prime Minister Dr Mahathir Mohamad’s multiracial coalition that has sought to win support from ...
theSun:
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Studies show Malaysian youths tolerant
KUALA LUMPUR: Just mention the names of people like badminton legend Datuk Lee Chong Wei, United Kingdom-based trainee surgeon Dr Nur Amalina Che Bakri and Asia’s Got Talent Season 3 runner-up Yaash...
The Star:
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Property wish list for Budget 2020
PETALING JAYA: Relaxed lending guidelines, continued incentives under the Home Ownership Campaign (HOC), reduced compliance cost and the termination of the real...
The Edge Markets:
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Will Indonesia chicken glut affect Leong Hup’s recovery?
KUALA LUMPUR: Leong Hup International Bhd is hoping for a quick turnaround after suffering a 76% plunge in second-quarter (2Q) net profit, but there are some doubts due to a chicken meat glut in Indon...
The Star:
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THE RIGHT WAY
Petronas’ talent management means building the Right Leader, Right Talent and Right Environment.
Free Malaysia Today:
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PSM chief calls for new strategy to revise minimum wage
KUALA LUMPUR: Parti Sosialis Malaysia chairman Dr Michael Jeyakumar has renewed calls for a review of the minimum wage, urging the government to rethink its strategy to raise it in tandem with other A...
PaulTan.org:
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paultan.org PACE 2018 visitor bought a Mercedes-Benz GLC, wins RM25k luxury holiday in lucky draw
What’s better than the joy of having a shiny new premium car in the porch?
StarProperty.my:
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ParkCity and Capitaland unveils new project in Desa Park City
Overlooking a scenic lake, Park Regent’s status as a highly sought-after development is attested by the result of the Priority Sales Event on 27 and 28 July 2019 with more than 70% of the units sold...
The Star:
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Ensure a level playing field
I REFER to the letter titled “High time to decide on the concession issue” that appeared in The Star on Aug 30 (online at bit.ly/star_drugs) calling on the government to make a timely decision on ...
The Star:
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Kobo360 reshapes Nigeria’s haulage market
LAGOS: An Uber-like app for trucks is making it easier and cheaper for firms to move goods in Africa’s most populous nation.
The Star:
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JMR to turn property development into core business
GEORGE TOWN: JMR Conglomeration Bhd is focused on turning the group’s property development segment into the group’s core business.
The Star:
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Malls can be a great place to forge unity too, says Waytha
PETALING JAYA: In the future, malls will not only be the place you head for to fill your tummy or go shopping. Under a new government initiative, it will also be the...
The Star:
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Govt aiming to work with malls to promote unity
PETALING JAYA: Minister in the Prime Minister’s Department P. Waytha Moorthy is aiming to collaborate with malls in an effort to promote unity among...
Free Malaysia Today:
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A rental app that claims it can curb racism
PETALING JAYA: You’ve probably come across house-to-let advertisements that specify the race or nationality of prospective tenants.
The Star:
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Hong Kong privacy watchdog refers 600 cases of doxxing to police
More than 70% of cases involve police officers and their families, including threats against their children. ‘It is absolutely horrendous and unacceptable’ privacy...
The Star:
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The pound’s relentless drop is good for whisky, bad for Thai food
London: When Brexit first drove up the cost of importing ingredients like jasmine rice, curry paste and coconut milk from Thailand, London restaurant owner Saiphin Moore...
theSun:
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Improve public train transportation to boost ridership: Analysts
KUALA LUMPUR: The element of security and timing are among the areas in need of improvements to make public transport such as train and rail services the choice of the public, especially among Klang V...
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, ...
EdgeProp.my:
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Selangor Dredging has sold up to 97% of property inventory
KUALA LUMPUR (Aug 27): Selangor Dredging Bhd has sold up to 97% of its property inventory on the back of greater take-up of its developments.
The Edge Markets:
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Selangor Dredging has sold up to 97% of property inventory
KUALA LUMPUR (Aug 27): Selangor Dredging Bhd has sold up to 97% of its property inventory on the back of greater take-up of its developments.
The Star:
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Malindo plans more routes and aircraft
SYDNEY: Prospects are looking good for Malindo Air to achieve its target of ferrying seven million passengers this year, with plans to add more routes to its network and...
The Star:
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Unearthing hidden potential
THERE is a popular seafood noodle restaurant in my Subang Jaya neighbourhood that I’ve been patronising in the last two decades.The seafood noodle soup is yummy.
Carlist.my:
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Ford Ranger Weekend Sales Carnival Kicks Off
Sime Darby Auto ConneXion (SDAC), the sole distributor for Ford in Malaysia has announced the ‘Ford Ranger Weekend Sales Carnival’ for Peninsular Malaysia which will run this August until October.
The Edge Markets:
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Perak Transit looks attractive at current price levels: TA Securities
KUALA LUMPUR (Aug 23): Perak Transit is a great buying opportunity as a domestic play that is unsusceptible to the U.S.-China trade conflict, TA Securities says.
The Star:
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One of Jimah East Power plants now commercially operational
KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) first of two units of coal-fired power plants owned and operated by Jimah East Power Sdn Bhd (JEP) successfully achieved its commercial operation date (COD) on Wednesday, adding another 1,000 megawatts (MW) to Peninsular Malaysia’s existing generation capacity of 22,748 MW.In a statement, TNB said JEP is building two 1,000 MW ultra-supercritical (USC) coal-fired power plants in Port Dickson, Negri Sembilan.
Carlist.my:
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The 2020 Audi RS6 Is A 600 hp, Mild-Hybrid Monster
There is but one performance segment that no other brand on the market can truly lay claim to, and that is the super-wagon.
Digital News Asia:
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From micro entrepreneurs, could digital industries grow?
WHEN participants at the recent graduation ceremony for 50 micro entrepreneurs (pic, above) taking part in MDEC’s Level Up eUsahawan programme were asked, “Do you want more?”, the answer was a r...
CarSifu:
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Ford Ranger sales carnival: August till October 2019
KUALA LUMPUR: Sime Darby Auto ConneXion (SDAC), the sole distributor for Ford in Malaysia, announced the ‘Ford Ranger Weekend Sales Carnival’ for Peninsular Malaysia which runs this August until O...
The Star:
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Rising cost of funerals sees more people opting for cremation
PETALING JAYA: More people are cremating their loved ones in Kuala Lumpur, with groups saying this was environmentally-friendly and with less costs involved too.
EdgeProp.my:
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Govt reopens registration of G1 Grade Bumiputera contractors after 14 years
KUALA LUMPUR (Aug 16): Putrajaya is reopening the registration of G1 Grade Bumiputera contractors after freezing it for 14 years, and would review the maximum amount of contract value they can underta...
The Edge Markets:
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Govt reopens registration of G1 Grade Bumiputera contractors after 14 years
KUALA LUMPUR (Aug 16): Putrajaya is reopening the registration of G1 Grade Bumiputera contractors after freezing it for 14 years, and would review the maximum amount of contract value they can underta...
Tech in Asia:
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Baidu falls further behind among China’s biggest tech firms as Meituan, NetEase overtake in market value
Baidu has fallen out of the top five most valuable publicly traded Chinese internet companies after its market capitalization slid below that of gaming and ecommerce pioneer NetEase. After a 40% sli...
The Star:
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S&P 500, Dow gain as upbeat retail sales offset recession fears
NEW YORK: The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears amid the simmering U.S.-China trade tensions.
The Star:
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Baidu falls further behind among China’s biggest tech firms as Meituan, NetEase overtake in market value
Baidu’s market cap has stagnated even as peers like Alibaba and Tencent saw their valuations surge. Netease’s valuation passed Baidu on Wednesday at US$33.5bil.
The Star:
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Your friendly Indian call centre worker may soon be a robot
Uniphore Software Systems Pvt, based in Chennai and Palo Alto, California, plans to use the emerging technology to change the labour-intensive business of call centres, displacing workers with machines.
Tech in Asia:
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India’s Meesho raises $125m from Naspers, Facebook, others
Meesho, an online marketplace for Indian entrepreneurs and consumers, has secured US$125 million in a funding round led by Naspers.
The Star:
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Facebook bet on Indian startup in US$125mil funding round
BANGALURU: Facebook Inc is participating in a US$125mil (RM525mil) fundraising for an Indian startup that is aiming to bring more commerce to social networks like, well, Facebook.
The Edge Markets:
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Newsbreak: Alliance looking to add another RM300 mil to its unsecured SME loan...
ALLIANCE Bank Malaysia Bhd is looking to expand its unsecured loan portfolio, in partnership with Credit Guarantee Corp Malaysia Bhd (CGC), with an additional tranche of lending, industry sources say.
The Star:
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Malaysia’s consumer confidence dipped in second quarter
KUALA LUMPUR: Consumer confidence of Malaysians dipped in the second quarter (2Q19) but they are still the tenth most confident globally, according to the Conference Board Global Consumer Confidence Survey.
Free Malaysia Today:
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Dengue death toll rises in Malaysia, number of cases doubles
KUALA LUMPUR: Malaysia saw a rise in deaths caused by dengue to 113 by Aug 3, compared to 70 cases in the same period last year, the health ministry said.
The Star:
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Big losses from illicit cigarettes
1. (Chart) Illegal Cigarettes Incidence in Malaysia March – May 2019. Illegal cigarettes continue to be a bane for the industry. Smuggled cigarettes is so big a problem and so lucrative for black market operators that they have found that faking tax stamps is one way of making more money. There continues to be a rise in smuggled normal cigarettes.
Malaysiakini:
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More than 22,000 evacuated after flooding and major landslide in Kerala
Torrential monsoon rains in Kerala caused a major landslide and flooding that has cut off some areas, forcing the evacuation of more than 22,000 people, authorities said today.
Tech in Asia:
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Singapore’s online hotel booking site RedDoorz targets Southeast Asia push
RedDoorz founder and chief executive Amit Saberwal describes his four-year-old budget hotel online booking startup as a “combination of Uber and Marriott.” The Singapore-based firm is like Uber...
theSun:
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Govt loses RM6b annually through illegal cigarettes and vaping: JTI
KUALA LUMPUR: Japan Tobacco International Bhd (JTI Malaysia) has urged the government to take stern action against the illegal cigarettes and vaping trade as it has resulted in an annual RM6 billion t...
The Edge Markets:
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Illegal vaping market estimated to be RM2b, says JTI Malaysia
KUALA LUMPUR (Aug 6): The size of the illegal vaping market in Malaysia is estimated to be some RM2 billion, says JT International Bhd (JTI Malaysia).
Free Malaysia Today:
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Open all Penang airport counters, airlines told again
PETALING JAYA: The country’s main airport operator has repeated its call to airlines to fully utilise check-in counters allocated them to help ease the congestion at Penang International Airport.
theSun:
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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.
Free Malaysia Today:
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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.
The Edge Markets:
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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.
StarProperty.my:
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Park Regent registers a take up of 70%
Homebuyers queuing up to have first choice at Park Regent’s priority launch.
SoyaCincau.com:
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TM to deliver #khabarbaik for Streamyx users next week
Last weekend, TM had presented their plan of bringing its existing Streamyx customers up to speed with alternative broadband technologies.
The Edge Markets:
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More than 70% of CapitaLand and ParkCity’s Park Regent sold at priority launch
SINGAPORE (July 31): Park Regent, CapitaLand’s joint venture residential development with Malaysia’s ParkCity Group, reported strong sales at its priority launch which took place from July 27 to 2...
The Star:
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CGS-CIMB Research retains hold for Telekom, TP RM3.40
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Hold and discounted cashflow-based target price of RM3.40 pending further details from TM’s #khabarbaik event and upcoming 2Q19 results.
Digital News Asia:
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Better internet experience for Streamyx, unifi customers nationwide
ON THE back of the successful upgrade of 973,000 unifi customers to higher speeds, Telekom Malaysia Bhd (TM) on July 27 submitted a plan to the Ministry of Communications and Multimedia (KKMM) and Mal...
The Star:
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Streamyx fee halved, says TM chief
IPOH: The monthly subscription fee for Streamyx has been reduced by more than half for existing customers.
Malay Mail:
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TM cuts Streamyx pricing, 8Mbps from RM69/month
KUALA LUMPUR, July 27 — TM is finally reducing the price for its Streamyx broadband service.
The Star:
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TM plans to slash Streamyx price, introduce wireless broadband
Telekom Malaysia (TM) announced that it will be reducing the price of 8Mbps Streamyx plan from RM160 a month to RM69 for existing customers. New customers can get the plan at RM89.
SoyaCincau.com:
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TM reduces the price for Streamyx, 8Mbps from RM69/month
TM is finally reducing the price for its Streamyx broadband service.
The Star:
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China, Malaysia restart massive Belt and Road project after hiccups
DUNGUN: China and Malaysia resumed construction on a massive "Belt and Road" train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about $11 billion.
SoyaCincau.com:
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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.
The Star:
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ECRL contractor now hiring
KUALA LUMPUR: The main contractor for the East Coast Rail Link (ECRL) is inviting Malaysians to fill more than 300 positions within its ranks as construction of the line will pick up pace again following the signing of a Supplementary Agreement between Malaysia and China tomorrow.
The Star:
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Vital to strengthen financial literacy, say experts
KUALA LUMPUR: One out of three Malaysians are not comfortable with their financial knowledge, while half of the population (52%) say they face difficulties raising even RM1,000 for emergencies.
The Star:
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The (Many) Benefits of Saving in PRS
An overwhelming 70% of people who took a survey in March by Private Pension Administrator Malaysia (PPA) said they wished they are saving more for their retirement.
The Star:
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Trump meets with tech CEOs on Huawei
WASHINGTON: U.S. President Donald Trump met on Monday with the chief executives of seven technology companies and he agreed with their request for timely licensing decisions from the Commerce Department on blacklisted Chinese firm Huawei Technologies, the White House said.
Digital News Asia:
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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).
The Star:
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‘Orangutan safe in protected areas’
KOTA KINABALU: Sabah’s orangutan population of about 11,000 has remained stable in protected areas for the past 15 years but the state needs to ensure conservation measures continue to be in place.
BBC:
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Orangutan numbers stable but palm oil still a threat
There's some good news about the survival rates of orangutans in protected forests on the Malaysian island of Borneo.
The Star:
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Kenanga maintains underperform on Hua Yang, TP at 33.5 sen
KUALA LUMPUR: Kenanga research maintained underperform on Hua Yang Bhd with an unchanged target price of 33.5 sen as it deemed its 1Q20 core net profit of RM3.7mil broad in line with expectations.
The Star:
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We must embrace disruptive technologies, says Dr Mahathir
KUALA LUMPUR: Malaysians have no choice but to embrace disruptive technology, says Prime Minis­­­­ter Tun Dr Mahathir Moha­mad.In his keynote address at the Beyond Paradigm Summit organised by Serba Dinamik Holdings here yesterday, Dr Mahathir said Malaysians must take on disruptive technologies as it was projected that 65% of today’s primary school children will go on to work in jobs that do not yet exist.
The Star:
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Dr M: No choice but to adapt and master disruptive technology
KUALA LUMPUR: Malaysians have no choice but to adapt and master disruptive technology as it has been projected that 65% of today’s children currently in primary education will be working in jobs that do not exist today, says Prime Minister Tun Dr Mahathir Mohamad.
The Edge Markets:
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Khazanah sold 3.45% CIMB stake worth an estimated RM1.7b
KUALA LUMPUR: Khazanah Nasional Bhd has disposed of 335.70 million shares in CIMB Group Holdings Bhd, representing some 3.45% stake in the banking group, valued at an estimated RM1.75 billion.
The Edge Markets:
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Financialisation undermines real economy
The relationship between finance and the real economy is arguably at the root of the contemporary economic malaise.
Free Malaysia Today:
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E-hailing companies hail 3-month extension to get PSV licence
KUALA LUMPUR: Several e-hailing companies have welcomed the transport ministry’s decision to allow another three months for drivers to obtain their public service vehicle (PSV) licence after the ini...
The Star:
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Digi kicks off Q2 results season with higher earnings
KUALA LUMPUR: Digi.com Bhd started the second quarter corporate results season by registering a slightly higher net profit of RM392.47mil and declared an interim dividend of five sen a share.
The Star:
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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.
The Edge Markets:
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Putrajaya has six tools to address youth unemployment, says PM
KUALA LUMPUR (July 11): The government has introduced six measures thus far to combat youth unemployment.
PaulTan.org:
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Grab rides likely to take longer with new regulations
In addition to the expected fare increases due to the July 12 deadline for drivers to obtain the mandatory Public Service Vehicle (PSV) license which will result in reduced ride-hailing driver availab...
EdgeProp.my:
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Land ownership remains with Felda settlers in amalgamation scheme: Azmin
KUALA LUMPUR (July 9): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali gave an assurance the government’s plan to merge Felda settlers’ land will not affect their ownership.
The Edge Markets:
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YTL Communications: Setting the record straight
KUALA LUMPUR (July 9): The following is a press release by YTL Communications Sdn Bhd, reproduced in full.
theSun:
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Gov’t to engage Felda settlers over plan to merge lands into estates: Azmin
KUALA LUMPUR: Engagement sessions will be held to explain to Felda settlers the benefits of merging their lands into big estates, Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today.
The Edge Markets:
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Felda land merger scheme: Azmin says ownership will remain with settlers
KUALA LUMPUR (July 8): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali assured that the government’s plan to merge Felda settlers’ lands will not affect their ownership.
PaulTan.org:
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Ride-hailing fares expected to increase from July 12
Regulars of ride-hailing services like Grab are in for a bit of a shock this weekend, as fares and wait times are set to increase considerably come July 12, according to a report from The Star.
The Star:
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Quick take: Tenaga sees RM3.6b erased on negative news
KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) fell to an intra-day low of RM13.44 on negative news about its 70% owned power plant and talk of the government studying a proposal to liberalise the retail energy sector.
The Star:
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Delay in Tenaga's 70% owned Jimah East Power operations
KUALA LUMPUR: The commercial operation date (COD) of Jimah East Power Sdn Bhd's (JEP) two 1,000MW ultra-supercritical coal-fired power plant in Jimah, Negeri Sembilan has been delayed.
theSun:
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IJM land’s Rimbun Alam houses are 70% sold
SEREMBAN: 70% of the houses at IJM Land Bhd’s residential project at Seremban 2, Rimbun Alam, have been taken up.
The Star:
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Hong Leong Bank to allocate 60%-70% of capex for digitisation efforts
KUALA LUMPUR: Hong Leong Bank Bhd (HLB) is allocating between 60% and 70% of its total capital expenditure (capex) of RM220mil in the financial year ending June 30, 2020 (FY20) for digital capabilities enhancement and initiatives.
The Edge Markets:
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Hong Leong Bank allocates up to 70% of FY20 RM220m capex for digitisation
KUALA LUMPUR (July 2): Hong Leong Bank Bhd (HLB) is allocating between 60% and 70% of its total capital expenditure (capex) of RM220 million for the financial year ending June 30, 2020 (FY20), for dig...
Free Malaysia Today:
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Shahidan questions why PH lost three by-elections
KUALA LUMPUR: An Opposition MP today claimed that Pakatan Harapan would not have lost the three by-elections if it had been running the country well since taking over last year.
The Edge Markets:
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Newsbreak: Khazanah asset sales set to pick up
Units within UEM Group could be next to be divested as sovereign wealth fund rejigs portfolio and raises cash IN an interview with The Edge in February, Datuk Shahril Ridza Ridzuan, who was appointed ...
The Edge Markets:
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MoF Inc offers RM6.2 bil for four toll highways
PUTRAJAYA is offering to pay the shareholders of Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak Holdings) RM6.2 billion to take over four toll highways in the Klang Valley.
The Edge Markets:
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Khazanah asset sales set to pick up
In an interview with The Edge Malaysia in February, Shahril Ridza Ridzuan, who was appointed managing director of Khazanah Nasional last August, disclosed that the company had divided its assets into ...
The Edge Markets:
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The State of the Nation: Don’t wish for a rate cut, though Malaysia has room...
THERE is good reason Professor Jomo Kwame Sundaram’s call last Monday for Malaysians to set aside political differences and unite in dealing with real issues impacting the economy resonated with fel...
theSun:
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Ministry’s video on child sexual abuse is misleading: NGO
PETALING JAYA: The government may be sending out the wrong message in its effort to educate pre-schoolers on how to protect themselves against sexual predators.
The Edge Markets:
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Malaysia Airlines' Amal set to fly up to 20,000 pilgrims for hajj 2019
SEPANG (June 25): Amal, the pilgrimage arm of Malaysia Airlines Bhd, is set to transport up to 20,000 pilgrims for this year's hajj season with the first flight scheduled to depart from Kuala Lumpur I...
theSun:
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Malaysia Airlines’ Amal set to fly up to 20,000 pilgrims for hajj 2019
SEPANG: The pilgrimage arm of Malaysia Airlines Bhd (MAB), is set to transport up to 20,000 pilgrims for this year’s hajj season with the first flight scheduled to depart from Kuala Lumpur Internati...
The Star:
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Chevron joins Qatar to build Mid-East’s biggest ethylene plant
DUBAI: Chevron Phillips Chemical Co will help gas-rich Qatar build the Middle East’s largest plant for production of ethylene, a key ingredient in plastics.
The Edge Markets:
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Moody's downgrades Petronas to A2 from A1 after revising methodology
KUALA LUMPUR (June 21): Moody's Investors Service has downgraded Petroliam Nasional Bhd's (Petronas) domestic issuer and foreign currency senior unsecured ratings to A2 from A1. Moody’s said Petrona...
theSun:
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Lynas Malaysia drives STEM education programmes for local communities
PETALING JAYA: Lynas Malaysia has welcomed the comments by Pahang State Exco for Education, Religion and Health, Datuk Seri Syed Ibrahim Syed Ahmad that it is a “gem” in the state.
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