The Malaysian Pulse
Beat of the Nation
Tue, 17 Sep 2019, 1:03 AM
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Topic: September 2017

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KLK Land hands over Rumah Selangorku 'Hibiscus 3' houses to homeowners
KUALA LUMPUR (Sept 14): KLK Land Sdn Bhd (KLK Land) officially handed over second phase of the Rumah Selangorku (RSKU), “Hibiscus 3” houses, at Bandar Seri Coalfields, to purchasers.
Vulcan Post:
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In An Era Of Note-Taking Apps, This M’sian Duo Still Believes Personalised Notebooks Have Value
While the use of note-taking apps or digital journals is on the rise, many of us still find satisfaction and joy in owning a tangible notebook in which we can pen down stuff.
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No complaints yet on Chinese nationals given MyKads, says MACC
KOTA KINABALU: The Malaysian Anti-Corruption Commission (MACC) says it has yet to receive an official complaint regarding claims that Chinese nationals are being given MyKads. Chief commissioner Lathe...
theSun:
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Claims of easy citizenship: NRD lodges report against Facebook, Twitter users
PUTRAJAYA: The National Registration Department (NRD) today lodged a police report against several Facebook and Twitter account-holders who claimed that the department easily gave citizenship to forei...
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Newsbreak: Decision on toll roads likely to be made this week
THE Cabinet is likely to make a decision this week on whether to sell the toll road concessions in the country or to buy them back from the holders.
The Borneo Post:
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Claims of easy citizenship: NRD lodges police report against Facebook, Twitter users
National Registration Department (NRD) director-general Datuk Ruslin Jusoh (left) showing the copy of the police report lodged against several Facebook and Twitter account-holders who claim that the d...
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Glimmer of hope for aired commercial segment
PETALING JAYA: There is a glimmer of hope in the aired commercial segment and those involved in the business are awaiting for more positive news.
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Stop spreading news Chinese nationals given MyKad, says NRD
PUTRAJAYA: The National Registration Department (NRD) is urging the public to immediately stop spreading news that Chinese citizens have been issued with MyKad, as viralled on social media, to avoid c...
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NRD scotches rumours govt is issuing MyKad to Chinese nationals
PUTRAJAYA, Sept 7 — The National Registration Department (NRD) is urging the public to immediately stop spreading news that Chinese citizens have been issued with MyKad, as has gone viral on social ...
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Euro zone rates edge lower amid ongoing easing expectations
LONDON, Aug 20 ― Euro zone rates edged lower today as markets continued to focus on the prospect of fiscal stimulus in Germany and verbal easing from ECB policymaker Olli Rehn.
Malay Mail:
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Sterling hits 23-month low vs euro as no-deal Brexit worries grow
LONDON, Aug 5 — Heightened worries of a no-deal Brexit and the growing probability of a general election after the October Brexit deadline kept the pound subdued today, after it hit a 23-month low a...
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Chernobyl lessons unlearned: Russia hides another nuclear leak: Leonid...
(July 31): When the Home Box Office Inc series on the Chernobyl disaster became a surprise hit earlier this year, I wished Russia or one of the other directly affected countries, Ukraine or Belarus, h...
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'PUBG' deals with 'Fortnite' World Cup through map update, new season, sale
SAN FRANCISCO, July 30 ― While Fortnite was distributing over US$60 million (RM247 million) in prizes over the weekend, its Battle Royale forerunner PUBG was fighting back through a new season of co...
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Six more JPJ officers charged
BUTTERWORTH: Another six enforcement officers from the Road Transport Department (JPJ) and the now defunct Land Public Transport Commission (SPAD) have been charged in the Special Session Court here with corruption, making it 12 in two days.
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JPJ officers face graft charges
BUTTERWORTH: Six enforcement officers – five from the Road Transport Department (JPJ) and another from the now-defunct Land Public Transport Commission (SPAD) – have been charged at the Special Sessions Court for corruption.
Malaysiakini:
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Six RTD, Apad officers charged for taking bribes from lorry companies
Six officers from the Road Transport Department (RTD) and Land Public Transport Agency (Apad) pleaded not guilty in court to receiving bribes amounting to RM73,600. They were charged in the Butterwort...
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6 officers from JPJ, SPAD charged with RM73,600 bribery
BUTTERWORTH: Six officers from the Road Transport Department (JPJ) and Land Public Transport Commission (SPAD) were charged at the Sessions Court here with receiving RM73,600 in bribes from lorry comp...
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Five officers from Penang JPJ, one from SPAD, face 63 bribery charges for closing eye to rogue lorry firms
SEBERANG PERAI, July 24 — Six enforcement officers from the Road Transport Department (RTD) and Land and Public Transport Commission (SPAD) were charged with graft amounting to RM73,600 at the Speci...
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More laws to curb corruption? Awareness is the way to go, MACC chief says
KUALA LUMPUR, July 23 — Despite being a lawyer, new Malaysian Anti-Corruption Commission (MACC) chief Latheefa Koya thinks educating people about the ills of corruption — and not harsher laws — ...
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Bank Indonesia makes first rate cut in almost two years
JAKARTA: Indonesia’s central bank cut its benchmark interest rate for the first time since September 2017, ahead of an anticipated Federal Reserve cut late this month, as it tries to help lift economic growth.
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Indonesia central bank makes first rate cut in almost 2 years
JAKARTA: Indonesia's central bank on Thursday cut its benchmark interest rate for the first time since September 2017, ahead of an anticipated Federal Reserve cut late this month, as it tries to help lift economic growth.
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Khalid awarded RM80,000 damages in suit against govt-linked Islamic body
KUALA LUMPUR: The High Court here today awarded RM80,000 in damages to Shah Alam MP Khalid Samad in his defamation suit against the CEO of the Malaysian Islamic Strategic Research Institute (Iksim).
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The State of the Nation: What RM800 bil direct government debt means
MALAYSIA’s direct government debt, which stood at RM776.82 billion as at end-March, is set to breach RM800 billion this month but should end below that level by year-end, sources say.
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Malaysia’s IPI advances 4% in May
KUALA LUMPUR: Malaysia’s industrial production index in May rose 4% year-on-year which was above the Bloomberg survey of 3.5%, underpinned by electricity, manufacturing and mining.
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Penang Hill bungalows for rent soon
GEORGE TOWN: Holidaymakers with a penchant for old world charm can head to Penang Hill where two heritage buildings will be available for rent by the end of October.
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Chance to camp under the stars on Penang Hill
GEORGE TOWN: Penang Hill, the oldest hill station in the country, will be able to accommodate more overnight visitors from October with the opening of Hillside Retreat, which can take in 80 guests.
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MIDF: Malaysia's IPI to improve further in 2H19
KUALA LUMPUR (July 12): Following better-than-expected growth of 4% in May, Malaysia's industrial production index (IPI) is expected to improve further during the second half of 2019 (2H19), according...
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Malaysian hotel association says money is leaving the country via Airbnb
Money from tourists staying in Malaysia is leaving the country through alternative online booking sites like Airbnb, the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong ...
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Malaysia's industrial output in May exceeds forecast
KUALA LUMPUR: Malaysia's industrial production index in May rose 4% on-yearwhich was above the Bloomberg survey of 3.5%, underpinned by electricity, manufacturing and mining.
Malay Mail:
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Airbnb causing money to flow out of Malaysia, local hoteliers claim
PETALING JAYA, July 12 — Money from tourists staying in Malaysia is leaving the country through disruptive accommodation platforms like Airbnb, the Malaysian Association of Hotel Owners (MAHO) presi...
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JD.com adopts AI to drive growth in small cities, among female users as ecommerce slows
Chinese ecommerce giant JD.com is exploiting artificial intelligence to help drive online consumption in smaller cities and among female users to help compensate for slowing growth in China’s ecomme...
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E-scooters: a transport ‘tsunami’ flooding cities worldwide
They appeared in June last year as Paris was waking up from its annual all-night Festival of Music: hundreds of green-and-black electric scooters dotting the pavements of the capital.
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Emerging central banks keep cutting rates
LONDON: Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank adopted a more dovish tone.
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Going fast and going low: Emerging central banks keep cutting rates in June
LONDON (July 2): Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks, including the U.S. Federal Reserve and the E...
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Between FGV and Felda – who needs who more?
The Alternative View by M. Shanmugam A DICHOTOMY of sorts emerged in the shareholders’ meeting of FGV Holdings Bhd.
PaulTan.org:
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Maxus T60 pick-up truck open for booking in Malaysia – RM99k OTR for top-spec 2.8L AT, first batch CBU
Weststar Maxus had a surprise at its Hari Raya open house today, and it’s the Maxus T60 pick-up truck, which is now in Malaysia and open for booking.
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New Twitter label will flag violating tweets from Trump, other world leaders
Twitter Inc just created what may soon become a special US president Donald Trump label.
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Millions in kickbacks from foreign visa system operator
KUALA LUMPUR: Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi was slapped with another seven charges yesterday of allegedly receiving S$4.24 million in kickbacks from a company operating...
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Zahid claims trial to receiving Singapore dollars in graft case
KUALA LUMPUR (June 26): Umno president Datuk Seri Ahmad Zahid Hamidi today claimed trial at the Sessions Court here over seven counts of receiving huge sums of Singapore currency at the Deputy Prime M...
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Apple acquires Grab-backed Drive.ai
Apple has acquired Drive.ai, a Grab-backed developer of autonomous vehicle technology, for an undisclosed sum.
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FGV chairman Azhar volunteers to waive his director's fee
KUALA LUMPUR (June 25): FGV Holdings Bhd chairman Datuk Wira Azhar Abdul Hamid said he proposed to shareholders to waive his director's fee for the financial year ended Dec 31, 2018 (FY18), in order f...
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Decision day for JF Apex-Mercury merger
THIS Wednesday, shareholders of Apex Equity Holdings Bhd will hopefully have their questions on the many headline-making developments involving the group answered at an extraordinary general meeting (...
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What will Generali do with its stake in MPHB’s insurance subsidiary MPI?
THE clock is ticking for Generali Asia’s investment position in local insurer MPI Generali Insurans Bhd.
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Basic wages grew by 5% across the board, says ministry
PUTRAJAYA: The human resources ministry says basic wages in the labour market grew by 5% nationally in the 12 months between September 2017 and September 2018.
Malay Mail:
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‘Super Mario’ shock: Euro slides, yields hit new lows
LONDON, June 18 — The euro took a beating and German bond yields hit a fresh record low today in reaction to European Central Bank President Mario Draghi’s comments indicating a possibility of new...
PaulTan.org:
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W222 Mercedes-Benz S560e PHEV in Malaysia – 469 hp and 700 Nm, 50 km all-electric range, RM658,888
Mercedes-Benz Malaysia has expanded its facelifted W222 S-Class range in the country to two models with the introduction of an EQ Power variant of the luxury sedan.
Malay Mail:
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Asian stocks subdued, oil near five-month low on US inventory build
TOKYO, June 13 — Asian stocks stuttered today, dogged by the uncertainty over an intractable US-China trade dispute, while oil prices flirted with five-month lows thanks to higher US crude inventori...
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Asian stocks subdued
TOKYO: Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S. crude inventories and a bleaker demand outlook.
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Uber rival Bolt relaunches in London after two years in exile
Uber Technologies Inc rival Bolt, formerly known as Taxify, has relaunched in London – nearly two years after its operating license was revoked by the city’s transit authority.
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April IPI growth stronger than expected — says RHB Research
KUALA LUMPUR (June 11): The 4% growth on Industrial Production Index (IPI) year-on-year (y-o-y) was better than expected, beating market consensus, as well as its own estimates, said RHB Research in a...
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April industrial output exceeds forecast
KUALA LUMPUR: Malaysia's industrial product index (IPI) in April 2019 expanded at a faster pace of 4% from a year ago, exceeding the Bloomberg forecast of a 2.5% growth, according to the Statistics Department.
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Malaysia's April 2019 IPI up 4% y-o-y as mining output records highest growth...
KUALA LUMPUR (June 11): Malaysia's industrial production index (IPI) grew 4% in April 2019 from a year earlier, driven by the increase in all three components of the IPI.
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E3 2019: ‘Apex Legends’ Season 2 to debut on July 2
Electronic Arts Inc said on June 8 it would launch the second season of its popular battle royale game 'Apex Legends' on July 2.
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Tough terrain for Malaysia's tourism industry
This article first appeared as 'Tough terrain for tourism' in the May 27, 209, 2019 issue of The Edge Malaysia In 2016, an Indian national’s 8 days/7 nights holiday to Malaysia with his wife, parent...
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UK economy close to stagnation due to Brexit, weak global demand
LONDON: British economic growth almost halted last month as a modest expansion in the services sector barely offset weakness among manufacturers and construction firms caused by the Brexit crisis and weaker global growth, a business survey showed.
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Ringgit ends higher ahead of Raya break on robust trade data
KUALA LUMPUR, June 4 — The ringgit continued its climb against the US dollar today, ahead of a two-day break for Hari Raya Aidilfitri holidays, thanks to Malaysia’s surprisingly strong trade dat...
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Asian shares edge up but growth worries cap gains
SHANGHAI, June 4 ― Shares in Asia inched higher and safe-haven assets gave up some overnight gains yesterday, as investors paused for breath after a volatile Wall Street session, but deeper concerns...
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Wall Street falls as Facebook, Alphabet, Amazon drag
NEW YORK, June 4 ― The three major US stock indexes declined yesterday on weaker-than-expected economic data, while shares of Alphabet, Facebook and Amazon.com fell sharply on fears the companies ar...
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Nasdaq confirms correction, bond yields fall further
NEW YORK: The Nasdaq confirmed it was in a correction on Monday as stocks extended their recent sell-off, and the continued flight to safe-haven assets pushed 10-year U.S. Treasury yields to their lowest since September 2017.
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Bond yields ease again as flight to safety continues
NEW YORK: A flight to safe-haven assets pushed U.S. Treasury yields to their lowest since September 2017 on Monday, while gold prices jumped more than 1%.
Malay Mail:
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Nasdaq confirms correction, bond yields fall further
NEW YORK, June 4 ― The Nasdaq confirmed it was in a correction yesterday as stocks extended their recent sell-off, and the continued flight to safe-haven assets pushed 10-year US Treasury yields to ...
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Asia Stocks Seen Lower; Treasuries Pare Gains
(May 30): Asian equities look set to remain under pressure Thursday after U.S. stocks fell to a 12-week low amid increased concern for global growth.
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US stocks fall as trade concerns spark growth fears
NEW YORK, May 30 — US stocks fell yesterday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy US-China trade war would crimp global growth pushed investor...
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US stocks fall as trade concerns spark growth fears
NEW YORK: US stocks fell on Wednesday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy U.S.-China trade war would crimp global growth pushed investors into the safety of government bonds.
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Trade fears and falling yields push yen to two-week highs vs dollar
LONDON, May 29 ― The Japanese yen firmed to a two-week high versus the dollar today as concerns of a further escalation in the trade conflict between the United States and China prompted investors t...
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Dollar finds support amid fresh trade war fears; US yields slip
TOKYO: Fears of a further escalation in the China-US trade dispute kept the dollar steady on Wednesday, holding gains made overnight after investors scooped up safe-haven assets, including U.S. Treasuries.
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Dollar holds up on trade, European political worries as US yields fall
TOKYO, May 29 ― The dollar managed to hold on to most of its overnight gains today after investors scooped up safe-haven assets, including US Treasuries, on lingering fears of a further escalation i...
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Prominent historian Khoo Kay Kim dies
PETALING JAYA: Khoo Kay Kim, one of Malaysia’s most well known and prolific historians, died today at the age 82.
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Water debts written off
PUTRAJAYA: The Federal Government will be writing off outstanding water debts of states, amounting to RM3.8bil incurred between 2001 and 2018, says Prime Minister Tun Dr Mahathir Mohamad.
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Workers can demand higher pay for better skills through TVET, says minister
PUTRAJAYA, May 27 — Human Resources Minister M. Kulasegaran today urged workers to take up technical and vocational training so they can push for higher salaries.
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Paralysed ex-executive, wife win negligent suit against superstore owner
SHAH ALAM: The High Court here today found a superstore proprietor liable for an incident that resulted in a company executive becoming paralysed below the waist.
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Dr M says abolishing tolls will burden govt's finances
PUTRAJAYA: Despite an earlier pledge to abolish tolls, the government has acknowledged that the move will be a burden to the government's finances.
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Emulate Melaka's development — King
ALOR GAJAH (May 17): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah said today that all states, especially Pahang, should emulate the development showcased by Melaka fo...
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Weak US retail sales, industrial output highlight slowing economy
WASHINGTON, May 16 — US retail sales unexpectedly fell in April as households cut back on purchases of motor vehicles and a range of other goods, pointing to a slowdown in economic growth after a te...
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Oil price firms on Middle East uncertainty, shrugs off US crude build
NEW YORK: Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories.
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Tower REIT steps outside the box for value creation
THE glut of office space in Kuala Lumpur has prompted Tower Real Estate Investment Trust to reinvent itself by offering co-working and co-living spaces in one of its properties.
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Report: Zahid warned against late completion of Hutan Melintang camp
Former deputy prime minister Ahmad Zahid Hamidi had threatened legal action against contractors if they failed to complete a new army camp in Hutan Melintang at the latest by August 2017.
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Zahid threatened action if new camp not ready, purportedly as voting base
PETALING JAYA (May 14): A special audit report on the Defence Ministry’s land swaps revealed that former deputy prime minister Ahmad Zahid Hamidi had threatened action if the Hutan Melintang army ca...
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Oracle Malaysia launches cloud solution hub
COMPANIES across Asia Pacific will soon find it easier to access the latest offerings in the Oracle Cloud as a result of the newly launched Oracle Cloud Solution Hub in Kuala Lumpur.
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Oracle Malaysia to create 150 new jobs with new cloud solution hub
KUALA LUMPUR: Software firm Oracle Corp Malaysia Sdn Bhd (Oracle Malaysia) is targeting to create 150 new jobs with its newly launched cloud solutions hub.
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US Senate intelligence panel subpoenas Trump's son
The US Senate Intelligence Committee has subpoenaed one of the president’s sons, Donald Trump Jr, to answer questions about his contacts with Russia, two congressional sources said on Wednesday.
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7.5 Degree secures seed funding from East Ventures
7.5 DEGREE, a Southeast Asian New Economy Information and Service Platform, announced on May 8 that it has secured an undisclosed amount of seed funding from East Ventures, an early-stage venture fund...
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Oil price ends at lowest in a month on trade concerns, high crude supplies
NEW YORK: Oil prices closed at their lowest in over a month on Tuesday as renewed doubts over a U.S.-China trade deal stoked concerns over global growth and on expectations that U.S. crude stockpiles could hit fresh 19-month highs
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Fisheries Dept never issues deep-sea fishing licence to foreigners (Updated)
PUTRAJAYA: The Department of Fisheries (DOF) has never issued or leased any deep-sea fishing licence to foreigners, said its director-general, Datuk Munir Mohd Nawi.
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DOF never issues sea licences to foreigners
PUTRAJAYA: The Department of Fisheries Malaysia (DOF) has never issued any deep sea licence to be given, rented or leased to foreigners, its director-general Datuk Munir Mohd Nawi said.
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U.S. begins return of $200 million in 1MDB funds to Malaysia
KUALA LUMPUR (May 7): The U.S. government has begun returning to Malaysia some $200 million recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatri...
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Ikea opens city-centre concept store in Paris
PARIS, May 6 — Ikea opened a new city-centre concept store in Paris today as the Swedish furniture giant tries a new strategy for winning over urban consumers that will be rolled out internationally...
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Hamilton Lane warned about Abraaj
LONDON: Five months before the events that led to the collapse of Abraaj Group, the biggest in private equity history, one of the firm’s investors was warned about putting more money in, according to an email chain reviewed by Bloomberg News.
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Mustafa Akyol puts banned book online for free
PETALING JAYA: Turkish academic Mustafa Akyol has released an online Malay edition of his book on Islam which had been banned in Malaysia since September 2017.
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Now Malaysians can read Akyol’s banned book ‘Islam without Extremes’ for free online
KUALA LUMPUR, May 5 — Turkish writer Mustafa Akyol has put up for free online the Malay translation of his book on liberalism and Islam that Malaysia had banned.
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Global oil price edges up after strong economic data, but ends week lower
NEW YORK: Oil prices inched up on Friday as strong U.S. economic data boosted demand sentiment and as production losses in sanctions-hit Iran and Venezuela tightened the market.
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Oil price drops nearly 3% on oversupply worries
NEW YORK: Oil plunged Thursday, with U.S. crude dropping almost 3 percent as the market grappled with oversupply fears as increased U.S. sanctions on Iran had more gradual impact than expected and U.S. crude oil inventories rose sharply.
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Oil caught between pillar and post as US output hits record
SINGAPORE: Oil prices were caught between opposing forces on Thursday, squeezed by record U.S. crude oil output and surging stockpiles, but supported by global market tensions as all exemptions to U.S. sanctions on Iran expired, Venezuela's crisis escalated, and producer club OPEC withheld supply.
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Libyan forces push back against Haftar in house-to-house battles
Forces backing Libya's internationally recognised government fought house-to-house battles with troops loyal to commander Khalifa Haftar in southern parts of the capital Tripoli on Sunday and appeared...
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173 abusers put behind bars
EXCLUSIVE:PETALING JAYA: A total of 173 child sexual abusers have been put behind bars by the special court handling sexual crimes against children since it was set up nearly two years ago.
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KLCI up 0.16% as regional markets stay mixed
KUALA LUMPUR (April 19): The FBM KLCI eked out slim gains at the midday break today, against the backdrop of mixed regional markets.
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KLCI notches up limited gains
KUALA LUMPUR (April 19): The FBM KLCI notched up limited gains at mid-morning today, tracking the modest rise at regional markets.
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KLCI dips marginally as Public Bank, Axiata drag
KUALA LUMPUR (April 19): The FBM KLCI erased its meagre gains and retreated this morning, weighed by select index-linked stocks including Public Bank Bhd and Axiata Group Bhd, while regional markets s...
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Asian Stocks Set for Gains in Holiday Hit Trading
(April 19): Stocks in Asia looked set for modest gains after their U.S. counterparts edged higher, ahead of a holiday weekend in many countries.
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US retail sales, labour market data paint upbeat economic picture
WASHINGTON, April 19 — US retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic...
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