The Malaysian Pulse
Beat of the Nation
Tue, 17 Sep 2019, 12:32 PM
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Topic: India

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Foreign funds make strong comeback to Bursa
KUALA LUMPUR: Foreign funds staged a solid comeback to Bursa Malaysia last week as they turned net buyers after eight straight weeks of selling, according to MIDF...
Malay Mail:
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Modi didn't ask me to return Zakir Naik, says Dr M
KUALA LUMPUR, Sept 17 -- Tun Dr Mahathir Mohamad today said India Prime Minister Narendra Modi did not request Malaysia return Mumbai-born preacher Dr Zakir Naik who is wanted in his home country for ...
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Foreign funds snap 8-week selling streak, bought RM192.1m local equity last...
KUALA LUMPUR (Sept 17): Foreign funds snapped their 8-week selling streak of Malaysian equity on Bursa Malaysia and bought RM192.1 million last week, compared to dumping RM278.7 million the prior week...
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India’s mega mergers fail to lure funds to bank stocks
SINGAPORE: India’s biggest bank overhaul in decades to merge state-run lenders beset with bad loans and low capital hasn’t convinced investors to increase holdings of...
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Malaysians are 2nd largest buyers of S'pore properties
PETALING JAYA: Malaysians continue to be the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, after the Chinese.
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Devotees break flower garland record
BUTTERWORTH: Some 300 devotees achieved a record-breaking feat by tying a flower garland measuring 150m at the Arulmigu Karumariamman Temple in Jalan Todak...
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Bukit Aman record statement from Santiago
KUALA LUMPUR: Police have recorded a statement from Klang MP Charles Santiago over remarks he made against controversial preacher Dr Zakir Naik.
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Oil-price shock couldn’t come at worse time for world economy
Hong Kong: The record oil-price surge after a strike on a Saudi Arabian oil facility couldn’t come at a worse time for a world economy already in the grip of a deepening...
Lowyat.NET:
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Motorola Has Its Own Android TV; Ranges Between 32 And 65-Inch Models
Looks like making smart TVs is the latest trend among smartphone makers these days.
Malay Mail:
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Saudi attack dents currencies of crude importers, stocks dip
BEIJING, Sept 16 — Emerging market currencies took a backseat today with those of major crude importers sliding as oil prices surged after an attack on Saudi Arabian facilities cut more than 5 per c...
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I was only doing my duty, says Santiago after questioning at Bukit Aman
KUALA LUMPUR: Klang MP Charles Santiago was questioned at Bukit Aman today over his statement calling for Cabinet action against controversial preacher Dr Zakir Naik.
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Oil-exporter currencies, safe havens rally after Saudi attacks
LONDON, Sept 16 — Currencies linked to the price of oil rose today after an attack on Saudi Arabian refining facilities disrupted global oil supplies, while the Japanese yen and Swiss franc strength...
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Ex-Tiger Global partner Lee Fixel may launch $1b fund for India, SEA, sources say
Lee Fixel, former head of Tiger Global’s private equity business, is planning to invest about US$1 billion in startups in India and Southeast Asia through his new fund as soon as a non-compete agree...
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Here’s how Asian Governments are reacting to the Aramco attack
The massive drone strike on the world’s largest crude-processing facility operated by Saudi Arabia’s Aramco has global ramifications, particularly for countries in Asia.
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Marriot International sees huge untapped potential in Malaysia's tourism industry
KUALA LUMPUR: Marriott International, the United States-based multinational diversified hospitality company that manages and franchises a broad portfolio...
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Lead Story: A subdued 2Q earnings performance
IT was yet another disappointing quarter for firms listed on Bursa Malaysia, with more missing their earnings targets for the June quarter than meeting them.
Malay Mail:
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Marriott International sees huge untapped potential in Malaysia’s tourism industry
KUALA LUMPUR, Sept 16 — Marriott International, the United States-based multinational diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging faci...
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No need to fear European palm oil boycott, says commodities expert
HO CHI MINH: A commodities consultant has downplayed fears over the impact of initiatives by European countries to curb the use of palm oil, citing their low consumption of palm oil and palm oil produ...
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Wake up and smell the cinnamon
CINNAMON might smell like Christmas to many in the West, but to some Vietnamese farmers, it smells like prosperity.
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India plans US$7bil of export stimulus to revive economy
NEW DELHI: India unveiled new measures involving a more than US$7bil boost to exporters and housing projects, as part of efforts to revive a flagging economy.
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Traditional candy fetches RM103,000 at auction
A 21kg laddu prepared for a Hindu festival in Telangana, India, was auctioned off for 1.761 million rupees (RM103,000), Malaysia Nanban reported.
The Borneo Post:
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Haze fails to deter 2,000 at Saberkas Run
Abdul Karim (second right, front) and others at a warm-up session.
Malay Mail:
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Blame game as wheels come off India’s auto sector
NEW DELHI, Sept 15 — When India’s Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales, it sparked an...
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Resolving statelessness in Malaysia
The government’s mischaracterisation of statelessness and lack of urgency have allowed misconceptions to persist, obscuring and complicating what are essentially...
Malaysiakini:
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Umno-PAS - a dangerous dagger pointed at the heart of Malaysia
COMMENT | Malays, Muslims, even an all-male elite, are all entitled to form a coalition.
Malaysiakini:
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Will we ever transcend the politics of race and religion?
COMMENT | Sunni Muslims fight Shite Muslims.
The Star:
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Barber shops facing final cut
KUALA LUMPUR: The new ruling to restrict the hiring of barbers from India will affect the iconic Indian barber shops, says Malaysian Indian Hair Dressing Salon...
Malay Mail:
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Coalition of collusion heading for a confrontation: The new normal
COMMENTARY, Sept 14 — Malays, Muslim, even an all Male elites, are all entitled to form a coalition.
The Star:
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India plans US$7b of export stimulus to revive economy
NEW DELHI: India unveiled new measures involving a more than $7 billion boost to exporters and housing projects, as part of efforts to revive a flagging economy.
Free Malaysia Today:
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Anti-hopping law will uphold what is morally right, says Shad
KOTA KINABALU: Law expert Shad Saleem Faruqi believes the time is ripe for Malaysia to enact a law preventing politicians from hopping to another party after winning an election.
The Star:
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CPO futures to trade in tight range next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a tight range of between RM2,010 and RM2,100 per...
The Borneo Post:
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RMN, Indian Navy hold bilateral exercise
Baharudin (fourth right) and Berry (centre) with RMN and Indian Navy officers.
The Star:
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Teacher beaten up over toilet tryst
A MALE teacher in Tamil Nadu, India was beaten up by villagers for hooking up with a female colleague in the school toilet, Malaysia Nanban reported.
The Star:
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Hong Leong, TPG buy Columbia hospitals in three countries
Hong Leong Group (HL) and private equity firm TPG have won the bid to acquire Columbia Asia Hospitals in South-East Asia.
Malay Mail:
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Youth wings of Opposition parties say will back PAS-Umno alliance
KUALA LUMPUR, Sept 13 — The youth wings from several Opposition parties have pledged their support to the PAS-Umno alliance at Himpunan Penyatuan Ummah (Muslim Unity Rally) today.
CarSifu:
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New Delhi to slash use of cars in November to cut pollution, says chief minister
Vehicles driving through the smog in New Delhi on Jan 7.
SoyaCincau.com:
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Vivo V17 Pro Malaysia launch happening on 1st Oct
The Vivo V17 Pro that has a total of six cameras will be making its global debut in India next week on the 20th September.
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Hong Leong confirms US$1.2b acquisition of Columbia Asia Hospitals
KUALA LUMPUR (Sept 13): Hong Leong Group has officially announced its US$1.2 billion (RM5.01 billion) acquisition of Columbia Asia Hospitals in South East Asia, confirming a report by The Edge Financi...
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Hong Leong partners with US buyout firm TPG to buy Columbia Asia Hospitals
KUALA LUMPUR: The Hong Leong Group, led by billionaire Tan Sri Quek Leng Chan and global alternative asset firm TPG have entered into a deal to acquire...
theSun:
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52-year-old businessman cycles 35,000km to raise funds for child cancer victims
KUALA LUMPUR: A 52-year-old businessman who cycled 35,000km through 26 countries for two years managed to raise RM315,000 for child cancer patients.
The Star:
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Indian national gets 13 years, seven strokes for raping Indonesian
KUALA LUMPUR: A labourer was sentenced to 13 years in jail and seven strokes of the cane at the Sessions Court here on Friday (Sept 13) for raping an Indonesian cleaner...
Free Malaysia Today:
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RCEP likely to be signed next year, says Leiking
KUALA LUMPUR: International Trade and Industry Minister Darell Leiking says the Regional Comprehensive Economic Partnership (RCEP) will likely be signed by next year.
Tech in Asia:
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Vertex hits first close of late stage-focused fund at $290m
Singapore-based Vertex Venture Holdings has hit the first close of its new venture capital fund, which is aimed at backing high-growth tech companies in their later stages, at US$290 million.
The Star:
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Asean, please help the Rohingya
TWO years on, Asia is no closer to ending its worst refugee crisis in decades.
AsiaOne:
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PUBG Mobile Campus Championship is coming to Malaysia on 24 September
Yoodo, a Malaysian digital mobile service, has just announced that the PUBG Mobile Campus Championship (PMCC) 2019 is coming to Malaysia!
The Star:
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Iron ore glory days seen numbered as China demand rolls over
SINGAPORE: Iron ore faces a long, slow slide over the coming half-decade.
The Star:
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Singapore’s Vertex adds US$290mil venture fund for high-growth tech firms
SINGAPORE: Singapore-based Vertex Venture Holdings, the first main backer of South-East Asia’s ride-hailing giant Grab, has added a new US$290mil venture capital fund targeting investments in high-growth technology firms, a senior company official said.
The Star:
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Traders seek govt’s help to save stalls
SEVEN small traders in Brickfields, Kuala Lumpur, have urged the Federal Territories Ministry to save their stalls, Malaysia Nanban reported.
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Netflix, Apple cross swords in Indian streaming market
Competition in India's booming streaming market is heating up as Netflix joins forces with a director of Bollywood feel-good blockbusters and Apple launches its...
Malaysiakini:
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Thousands detained in Indian Kashmir crackdown, official data reveals
Authorities in Indian Kashmir have arrested nearly 4,000 thousand people since the scrapping of its special status last month, government data shows, the most clear evidence yet of the scale of one of...
The Edge Markets:
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MGS yields down as Asian central banks cut interest rates — MARC
KUALA LUMPUR (Sept 12): Malaysian Government Securities (MGS) yields fell in August as Asian central banks' move to cut interest rates increased pressure on Bank Negara Malaysia (BNM) to follow suit, ...
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MGS yields fall as central bank in Asia cut key rates, MARC says
KUALA LUMPUR: Malaysian Government Securities (MGS) yields fell in August as central banks in several Asian countries cut their key interest rates and increased...
The Edge Markets:
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India's review of its ASEAN FTA won't affect RCEP talks - Darell
KUALA LUMPUR (Sept 12): India’s decision to review its free trade agreement (FTA) with ASEAN is not seen as affecting the talks on the Regional Comprehensive Economic Partnership (RCEP), which are e...
Malay Mail:
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India's review of its Asean FTA won't affect RCEP talks, says minister
KUALA LUMPUR, Sept 12 — India’s decision to review its free trade agreement (FTA) with Asean is not seen as affecting the talks on the Regional Comprehensive Economic Partnership (RCEP), which are...
Malaysiakini:
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Yoursay: Nice to hear ‘rights of all M’sians’, but time to put words into action
YOURSAY | ‘If this needs to be repeated every year ad nauseam, it shows that M’sia is a failed state.’ PM: Gov't will defend constitutional monarchy, rights of all M'sians David Dass: There is n...
Free Malaysia Today:
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What India’s space mission can teach us
India can teach us a lesson. Although many disagree with Indian Prime Minister Narendra Modi’s brand of democracy, a recent event in Indian history has proven admirable.
The Star:
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M’sians okay with social media ban during crisis
PETALING JAYA: Malaysians are seemingly receptive to a blanket ban on social media during a crisis or a terrorist attack as they believe this stops the spread of...
The Edge Markets:
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Quek Leng Chan wins bid to buy hospital business in Asean
KUALA LUMPUR: Tycoon Tan Sri Quek Leng Chan is venturing into the healthcare business in a big way.
The Star:
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Naspers sets US$105bil value for assets including Tencent
JOHANNESBURG: Naspers Ltd is all set to list Internet assets including Tencent Holdings Ltd in Amsterdam after valuing the newly created group at about €95bil (US$105bil).
The Star:
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Year-long debt crisis hits India bond market plans
MUMBAI: India’s plans to expand its corporate bond market are running up against a year-long credit crisis, in another obstacle for Prime Minister Narendra Modi’s efforts to jumpstart a sputtering economy.
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Hong Leong, TPG win bid for Columbia Asia’s hospital business
KUALA LUMPUR (Sept 11): The Hong Leong group in partnership with private equity firm TPG has won a bid to buy the hospital business of Columbia Asia group in Southeast Asia, sources say.
The Star:
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Credit Suisse maintains overweight on Malaysian stocks
KUALA LUMPUR: Credit Suisse is maintaining its overweight on stocks in Taiwan, Singapore and Malaysia in its Asia stocks allocation.
The Star:
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Amazon bets big on India with mega-office
With 49 elevators moving a floor per second and zumba classes for its more than 15,000 employees, Amazon's new Indian headquarters, its biggest building globally...
Malay Mail:
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Questioned by cops, Penang deputy CM Ramasamy, assemblyman stand by statements on Dr Zakir Naik
GEORGE TOWN, Sept 11 — Police recorded statement from both Penang Deputy Chief Minister II P. Ramasamy and Bagan Dalam assemblyman Satees Muniandy at the former’s office in Komtar today.
theSun:
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75% M’sians for blanket ban on social media during crisis
PETALING JAYA: Malaysians are in favour of a blanket ban on social media platforms in the event of a crisis.
Malaysiakini:
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Three in four M'sians agree to social media ban during crisis - global survey
Three in four Malaysians favour a temporary government-imposed social media ban during a time of crisis to prevent widespread of misinformation, a global survey agency has found.
The Star:
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US firms sour on their future in China as trade war bites, AmCham says
SHANGHAI: The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world's second-biggest economy, a survey by a prominent American business associatio...
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Three in four Malaysians favour social media ban during crisis
PETALING JAYA: Three out of four Malaysians or 75% support the idea of a social media ban during a crisis or a terrorist attack to prevent the flow of fake information...
Malay Mail:
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Ipsos: Three in four Malaysians back social media blackout during crises, second-highest level of support globally
KUALA LUMPUR, Sept 11 — An overwhelming 75 per cent of Malaysians say they would accept a ban on social media during times of strife, in an unusual show of support for authoritarian measures among g...
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MIDF : Malaysia 2H palm oil inventory seen higher
KUALA LUMPUR (Sept 11): Malaysia's palm oil inventory in August dropped 10% on year to 2.2 million metric tons, marking the first on-year decline since July 2017, as export demand grew at a faster pac...
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Eversendai up 2.29% on bagging RM288m worth of jobs
KUALA LUMPUR (Sept 11): Shares in Eversendai Corp Bhd rose 2.29% this morning after it bagged contracts worth RM288 million in Dubai, Saudi Arabia, India, Singapore and the Netherlands, despite challe...
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Self-defence workshop held for women on silambam
MORE than 40 women from around Sepang, Selangor, underwent a “silambam” self-defence workshop organised by the Sungai Pelek branch of Pusat Wanita Berdaya (PWB), Malaysia Nanban reported.
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Citi: Gold rally to US$2,000 would be bad news for diamonds
MOSCOW: Citigroup Inc’s prediction that gold could rally above US$2,000 an ounce in two years would be negative for another precious and shiny commodity: diamonds, according to Barry Ehrlich, an analyst at the bank.
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Stalled Asia trade pact at ‘point of no return’, Indonesia says
SINGAPORE: Global trade tensions could derail a landmark regional agreement encompassing 16 countries including India, China and Australia if a deal is not struck by November, said Indonesian Minister of Trade Enggartiasto Lukita.
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Yoursay: The Malaysians who live off migrant worker ‘slave trade’
YOURSAY | ‘Is it because this ‘trade’ is so lucrative that there hasn’t been much action?’ Exposed - 'trade' in Bangladeshi workers, slave-like work conditions Ramesh Nair: Finally, the issu...
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Eversendai wins seven contracts worth RM288mil
PETALING JAYA: Eversendai Corp Bhd has secured seven contracts for structural steel works worth RM288mil across various markets.
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Malaysia end-August palm oil stocks slip to 13-month low
KUALA LUMPUR: Palm oil inventories in Malaysia extended falls to a 13-month low at the end of August as strong export gains outpaced production increases, according to official data. Declining stockpiles in the world’s second-largest producer of the edible oil could...
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Jack Ma ends 20-year reign over Alibaba wealth creation empire
HONG KONG: Jack Ma is giving up the reins of Alibaba Group Holding Ltd after presiding over one of the most spectacular creations of wealth the world has ever seen.
Malaysiakini:
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Strong commitment to conclude RCEP this year - Thai DPM
Thailand Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said the trade deal member countries gave their mandate to the RCEP Trade Negotiating Committee to reach a conclusion, especiall...
theSun:
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Malaysia’s CPO exports to increase following higher production
KUALA LUMPUR: Malaysia’s crude palm oil (CPO) exports are expected to rise this year following an expected boost in production, said Primary Industries Minister Teresa Kok (pix).
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Malaysians still in the dark about respiratory illnesses, study shows
KUALA LUMPUR: Many Malaysians are still unaware of the symptoms and treatments available for respiratory conditions such as asthma, according to Dr Khoo Ee Ming of Universiti Malaya’s Department of ...
The Edge Markets:
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Malaysia's CPO exports to increase following higher production
KUALA LUMPUR (Sept 10): Malaysia’s crude palm oil (CPO) exports are expected to rise this year, following an expected boost in production, said Primary Industries Minister Teresa Kok.
theSun:
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Malaysia to fully adopt 5G by 2023
JAKARTA: Malaysia is currently working to fully adopt 5G technology by 2023, said Deputy Foreign Minister Datuk Marzuki Yahya (pix).
Malay Mail:
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Malaysia’s CPO exports to increase following higher production
KUALA LUMPUR, Sept 10 — Malaysia’s crude palm oil (CPO) exports are expected to rise this year following an expected boost in production, said Primary Industries Minister Teresa Kok.
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India’s palm oil tax hike unlikely to hurt Malaysia overall, says council
KUALA LUMPUR: The Malaysian Palm Oil Council (MPOC) said New Delhi’s tax hike on imports of Malaysian refined palm oil may affect the export volume to India.
EdgeProp.my:
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Eversendai bags RM288m worth of jobs
KUALA LUMPUR (Sept 10): Eversendai Corp Bhd has bagged contracts worth RM288 million in Dubai, Saudi Arabia, India, Singapore and in the Netherlands despite challenges and uncertainties in the global ...
SoyaCincau.com:
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Samsung Galaxy M30s: sAMOLED display and 6,000mAh battery confirmed
Samsung is getting better when it comes to the mid-range smartphones and the upcoming Galaxy M30s could possibly be their best bang for buck device yet.
The Star:
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Pokémon Go celebrations feature more regional specials, Deoxys and themed raid battles
Pokémon Go players can now walk to find typically regional exclusive Pokémon – by hatching them in eggs – instead of flying to other countries.
The Star:
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Uber Eats to pull out of South Korea amid tough competition
Uber Technologies Inc's restaurant delivery business will terminate its service in South Korea, Uber Eats said on Monday.
The Edge Markets:
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Eversendai bags RM288m worth of jobs
KUALA LUMPUR (Sept 10): Eversendai Corp Bhd has bagged contracts worth RM288 million in Dubai, Saudi Arabia, India, Singapore and in the Netherlands despite challenges and uncertainties in the global ...
The Edge Markets:
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Malaysia to fully adopt 5G by 2023
JAKARTA (Sept 10): Malaysia is currently working to fully adopt 5G technology by 2023, said Deputy Foreign Minister Datuk Marzuki Yahya.
Malay Mail:
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Malaysia to fully adopt 5G by 2023
JAKARTA, Sept 10 — Malaysia is currently working to fully adopt 5G technology by 2023, said Deputy Foreign Minister Datuk Marzuki Yahya.
Malay Mail:
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Eversendai secures RM288m new contracts overseas
KUALA LUMPUR, Sept 10 — Eversendai Corporation Bhd has secured new contracts worth RM288 million in Dubai, Saudi Arabia, India, Singapore and in the Netherlands despite challenges and uncertainti...
SoyaCincau.com:
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Galaxy A50s passes SIRIM, may come with Samsung Pay
It looks like Samsung is bringing its refreshed Galaxy A lineup to Malaysia very soon.
The Star:
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Australian pension funds' US$168b 'wall of cash' may lead overseas
SYDNEY: Australian pension funds are sitting on a A$245 billion ($167.38 billion) 'wall of money' that will probably flow overseas because of a lack of domestic options...
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Keep your eye on the road, India investors
India’s plunging auto sales are making investors nervous. Their bigger worry should be the vanishing new roads.
Free Malaysia Today:
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Raatchasi ignites self-reflection among teachers
Early last month a teacher told me that a Tamil film titled “Raatchasi” (demoness) was the hottest topic among the fraternity.
The Star:
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Volunteers make toys and bring cheer to animals in wildlife park
KOTA KINABALU: Rescued animals at the Lok Kawi Wildlife Park were given new toys by volunteers from among AirAsia staff in seven countries and conservation...
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CPO to trade at RM1,900-RM2,200
PETALING JAYA: Crude palm oil (CPO) is expected to trade between RM1,900 and RM2,200 per tonne this month as rising optimism on lower stockpile will likely be...
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India says has located lost moon lander
India's moon lander suffered a hard landing but is unbroken, the country's space agency said on Monday.
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