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

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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...
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Lendlease seeking to raise up to US$539mil in Singapore IPO
SINGAPORE: Lendlease Global Commercial REIT, part of Australia’s Lendlease Group, is planning to raise as much as S$740mil (US$539m) in what would be Singapore’s...
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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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Penang man stabbed to death outside Songkhla apartment
BANGKOK: A 46-year-old man from Penang was stabbed to death by a security guard during a fight in Sadao, Songkhla, southern Thailand, at 2am this morning.
Star TV:
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Thai 'Tiger Temple' blames government for deaths of rescued tigers
Thailand's much-criticised Tiger Temple tourist attraction on Monday blamed the government for the deaths of scores of its tigers seized by authorities in 2016, denying official accounts that the big...
Malay Mail:
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Malaysian man stabbed to death in southern Thailand during fight with security guard
BANGKOK, Sept 16 — A Malaysian man was stabbed to death by a security guard during a fight in Sadao, Songkhla, southern Thailand early morning today.
The Star:
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Malaysian stabbed to death during fight with guard in southern Thailand
BANGKOK (Bernama): A Malaysian man was stabbed to death by a security guard during a fight in Sadao, Songkhla, southern Thailand early Monday (Sept 16).
The Edge Markets:
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Insurmountable complexities halt Axiata-Telenor merger
IT was dubbed an audacious proposal to create the largest telco in the region by revenue.
Tech in Asia:
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A startup campus designed to bring local and foreign communities together
The first thing you’ll notice about True Digital Park is the beauty of its architecture.
BBC:
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What causes South East Asia's haze?
Almost every year, a smoky haze blankets the South East Asian region - signalling the return of forest fires in Indonesia.
EdgeProp.my:
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Four provinces in NorthEastern Thailand remain under water following tropical storm
BANGKOK (Sept 16): Four provinces in northeastern Thailand are still under water, leaving 24,235 residents in evacuation shelters, after heavy rain lashed the provinces two weeks ago.
Tech in Asia:
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Rising startups on Tech In Asia: fintech firms are growing fast
Which are the startups that are on the path to becoming the next big thing?
The Star:
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Dzulkefly: Drastic spike in dengue cases in the country this year
BUTTERWORTH: The number of dengue cases in the country has shot up drastically by 81.8% to 93,344 cases in the last nine months compared with last year, says Health...
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New funding round boosts Thai fashion startup
OMNICHANNEL fashion company Pomelo has secured US$52mil (RM216mil) in funding from a group of investors, making it the first Thai startup to raise a Series...
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When exports to China get digital spike
ONE man’s meat is another man’s poison – the proverb holds true for people’s responses to durian. You either loathe the pulpy-creamy, sweet and stinky fruit or love it...
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Logistics platform raises funds to scale up
FRESH off securing the CIP300 funding from Cradle recently, local startup Golog is now looking to raise about US$1mil (RM4.17mil) in its seed round to further scale its system and expand its market share.
CarSifu:
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Honda advancing with Prachinburi plant
BANGKOK: "No cameras, no phones and no video!" That was the explicit instruction from Honda as we began a tour of its Thai assembly plant in Prachinburi on Sept 4.
The Star:
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Child poverty makes elderly care ‘difficult’
UP to 42% of young people in Thailand are not going to school or receiving poor education, a major factor leading to their living in penury, says a new study.
The Star:
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Hazy shade of the heatwave
IT’S now decades into this rinse and repeat story, and miraculously, little has changed.
The Borneo Post:
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Sky’s the limit for Nilai’s aircraft engineering alumni
Alicia Moh Peik Shya KUCHING: The sky is the limit for Nilai University Department of Aircraft Maintenance Engineering alumni Alicia Moh Peik Shya and Jason Tan Jen Keat.
The Star:
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Ahmad Shahriman appointed CIMB Islamic Bank CEO
KUALA LUMPUR: CIMB Group has appointed Ahmad Shahriman Mohd Shariff as CEO of CIMB Islamic Bank Bhd and CEO of Group Islamic Banking effective Oct 1.
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CIMB Group announces new appointments in top management
KUALA LUMPUR (Sept 13): CIMB Group Holdings Bhd announced today that CIMB Islamic Bank Bhd CEO and Group Islamic Banking CEO Rafe Haneef will be made Group Transaction Banking CEO effective Oct 1.
theSun:
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Have more night-time cultural shows to attract tourists: Mukhriz
LANGKAWI: Kedah Mentri Besar Datuk Seri Mukhriz Tun Dr Mahathir (pix) has urged tourism industry players to come up with creative ideas in offering packages to tourists, including having large-scale c...
Malaysiakini:
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Pope Francis to visit Thailand, Japan in November
Pope Francis will visit Asia in November and will be the first pope in nearly four decades to make a trip to Thailand and Japan, Vatican sources said.
Tech in Asia:
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JD.com, Thailand’s Central Group launch financial services app
JD.com and Central Group, a Thai conglomerate involved in merchandising, real estate, and retailing, have launched a financial services app called Dolfin.
Tech in Asia:
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As Vietnam’s penchant for ecommerce grows, keep an eye on these logistics startups
Vietnam has the fastest-growing appetite for online shopping in Southeast Asia.
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RHB favours Indonesian telco stocks most on strong data usage
JAKARTA (Sept 13): Indonesia is RHB’s only overweight in Asean-4 telecommonucations, based on its undemanding valuations and superior growth prospects.
Tech in Asia:
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As Vietnam’s penchant for ecommerce grows, keep an eye on these logistics startups
Vietnam has the fastest-growing appetite for online shopping in Southeast Asia.
The Star:
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No price tag big enough to justify risking addiction among youth
IN 2016, the Malaysian Cabinet decided to regulate vaping instead of banning its sale like our neighbours Singapore, Thailand and Brunei Darussalam did.At that time, there was no adequate scientific d...
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.
theSun:
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Durian the next big threat to Malaysian rainforest: Environmentalist
KUALA LUMPUR: Soaring Chinese demand for durian is turning into the next big threat to Malaysia’s depleted rainforest, a conservation expert said on Thursday, urging regulation.
Malaysiakini:
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China's love of durian 'next big threat' to Malaysian rainforest
Soaring Chinese demand for the stinky durian fruit is turning into the next big threat to Malaysia’s depleted rainforest, a conservation expert said on Thursday, urging regulation.
The Straits Times:
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China's love of durian 'next big threat' to Malaysian rainforest
KUALA LUMPUR (REUTERS) - Soaring Chinese demand for the durian fruit is turning into the next big threat to Malaysia's depleted rainforest, a conservation expert said on Thursday (Sept 12), urging reg...
Free Malaysia Today:
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China’s love for durians ‘next big threat’ to Malaysian rainforest, expert warns
KUALA LUMPUR: Soaring Chinese demand for durians is turning into the next big threat to Malaysia’s depleted rainforest, a conservation expert said today.
Malay Mail:
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China's love of stinky durian 'next big threat' to Malaysian rainforest
KUALA LUMPUR, Sept 12 ― Soaring Chinese demand for the stinky durian fruit is turning into the next big threat to Malaysia's depleted rainforest, a conservation expert said today, urging regulation.
The Edge Markets:
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China's love of stinky durian 'next big threat' to Malaysian rainforest
KUALA LUMPUR (Sept 12)(Thomson Reuters Foundation): Soaring Chinese demand for the stinky durian fruit is turning into the next big threat to Malaysia's depleted rainforest, a conservation expert said...
CarSifu:
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Thailand's local assembly of high-voltage batteries for BMW
PaulTan.org:
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2019 Toyota Corolla now open for booking in Malaysia – Toyota Safety Sense offered; est price from RM129k
After teasing the arrival of the all-new 2019 Toyota Corolla recently, UMW Toyota Motor (UMWT) has now announced that the order books for the C-segment sedan are now open.
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...
Malaysiakini:
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'Ultraman Buddha' art in Thailand prompts police complaint
A group of Buddhist hardliners in Thailand filed a police complaint against a young female artist yesterday over paintings that depict images of the Buddha as the 1960s Japanese superhero character Ul...
Tech in Asia:
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Thai fashion brand Pomelo banks $52m in series C round
Thailand-based Omnichannel fashion firm Pomelo has secured US$52 million in its series C round to bankroll its expansion across Asia.
Tech in Asia:
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Lazada is Southeast Asia’s ecommerce leader with over 50 million buyers, CEO says
Lazada Group chief executive Pierre Poignant said the company operates the top ecommerce platform in Southeast Asia with more than 50 million active buyers annually, contrary to prior reports that pai...
PaulTan.org:
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2019 Toyota Corolla teased for Malaysia – launch soon
UMW Toyota Motor (UMWT) has teased imminent arrival of the all-new, 12th-generation Corolla on the official Toyota Malaysia Facebook page, and based on the sole posting, it appears the model will lose...
Lowyat.NET:
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Grab Reportedly Planning Merger Of Indonesian Payment Firms To Take On Gojek
Grab’s biggest shareholder, SoftBank, is reportedly planning of building up heft and power in order to surpass the Indonesian ride-sharing company, Gojek.
The Star:
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Lazada claims it is e-commerce leader in South-East Asia with more than 50 million buyers
The company says it leads the competition in Malaysia, Singapore, Thailand and the Philippines in terms of monthly active users.
The Star:
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Thailand’s Central Retail said to target US$2b IPO in 2020
BANGKOK: Central Group, one of Thailand’s biggest conglomerates, is targeting an initial public offering of its retail arm as soon as the first quarter of next year which...
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.
StarProperty.my:
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Luasempit: A weekend market not to be missed for Visit Malaysia 2020
Bursa Malaysia listed MERIDIAN Bhd (Meridian), the developer of Malaysia Tourism City (MTC) in Kuala Linggi, Melaka, which was officially launched by Tourism, Arts and Culture Minister Datuk Mohamad K...
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Singaporean HR tech startup hits $100m valuation in 4 years
From dealing with growth ceilings and coping with cash flow shortages to just being constantly tired, being an entrepreneur is both rewarding and frustrating.
Tech in Asia:
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Singaporean HR tech startup hits $100m valuation in 4 years
From dealing with growth ceilings and coping with cash flow shortages to just being constantly tired, being an entrepreneur is both rewarding and frustrating.
theSun:
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Unique Penang experiences to be aggressively promoted: Chow
GEORGE TOWN: The Penang government will continue to aggressively promote state tourism by offering unique travelling experiences for tourists, says Chief Minister Chow Kon Yeow (pix).
The Star:
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Glove makers to gain as US impose tariffs on China gloves
KUALA LUMPUR: MIDF Research expects Malaysian’ glove manufactures to benefit from the recent US tariff imposition on China made glove, leading to higher...
SoyaCincau.com:
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AirAsia and AirAsia X fined RM200K each for charging processing fees
Malaysian Aviation Commission (MAVCOM) has fined AirAsia Bhd and AirAsia X Bhd RM200,000 each for charging processing fees on credit card, debit card and online banking transactions.
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...
The Edge Markets:
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Malaysia shuts 400 schools as haze from Indonesia’s fires spreads
SINGAPORE/JAKARTA (Sept 10): Malaysia closed more than 400 schools, citing unhealthy air quality as smoke and ash from raging forest fires in Indonesia spread to more areas in countries from Thailand ...
theSun:
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Indonesian trader loses RM1.2m in fake police raid
KUALA LUMPUR: An Indonesian businessman lost over RM1.2 million after he was double-crossed by his “business partners” apparently in a staged police raid.
Vulcan Post:
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Here Are 19 Local Startups Selling Apparel & Accessories At Artbox Malaysia 2019
Food aside, one of the other major reasons why people attend Artbox Malaysia is to check out talented artists or designers from Malaysia, Singapore, Indonesia and Thailand who often handcraft their go...
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PropertyGuru eyes $274m IPO in Australia, sources say
Singapore-based online real estate firm PropertyGuru is looking to file an Australian initial public offering sometime this year, which could net around US$274 million, sources familiar with the deal ...
Malay Mail:
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Kelantan drug lord arrested en route to performing 'umrah' in Mecca
KUALA LUMPUR, Sept 10 ― A major drug distributor from Kelantan was reportedly arrested during an operation at the Kuala Lumpur International Airport (KLIA) last Thursday, as he was making his way to...
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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.
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Kejuruteraan Asastera bags RM147m chiller optimisation job in Thailand
KUALA LUMPUR (Sept 10): Kejuruteraan Asastera Bhd (KAB) has bagged a RM146.7 million energy performance contract from Energy Optimization (Thailand) Co Ltd (EOT) to provide chiller optimisation system...
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Foreign net sale of Malaysian equities at RM279m last week — MIDF
KUALA LUMPUR (Sept 10): Foreign investors' net sale of Malaysian equities amounted to RM278.7 million last week after they bought and sold RM1.85 billion and RM2.13 billion worth shares respectively.
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Foreign funds net sellers on Bursa at RM278.7m, MIDF reports
KUALA LUMPUR: Foreign funds remained net sellers on Bursa Malaysia for the eighth straight week, though the pace had gradually declined to RM278.7mil in the week...
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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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KSK Group open to listing property arm
PETALING JAYA: KSK Group Bhd is open to listing its property arm, KSK Land, as part of its objective to become a renowned player within the real estate arena.
The Straits Times:
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Malaysia ready to induce rain in effort to ease haze
KUALA LUMPUR • Malaysia is preparing to seed clouds after air quality in parts of the country fell to unhealthy levels because of haze from forest fires, an official said yesterday.
Digital News Asia:
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Razer CEO commits US$7.23mil to gaming and e-sports in Singapore
RAZER co-founder and chief executive officer Min-Liang Tan announced on Sept 9 that he will be committing US$7.23 million (S$10 million) in funding to gaming and e-sports in Singapore over the next tw...
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Peninsular haze not from us, says Indonesian met agency
PETALING JAYA: Indonesia’s meteorology agency has rejected a Malaysian accusation of smoke haze in the country from fires in Indonesia, and said “there is no transboundary haze as some foreign med...
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As haze worsens, Putrajaya offers to help Jakarta put out fires
PETALING JAYA: Putrajaya has offered to help Jakarta put out fires in Kalimantan and Sumatra, as widespread haze from hotspots in Indonesia continues to affect air quality in Sarawak.
The Straits Times:
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Malaysia to commence cloud-seeding to combat haze, Indonesian denies fires in Sumatra are the cause
KUALA LUMPUR (AFP) - Malaysia prepared to seed clouds after air quality in parts of the country reached unhealthy levels due to smog from forest fires in neighbouring Indonesia, an official said on Mo...
Malay Mail:
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Unregulated firm Financial.org closes, investors say accounts frozen
LONDON, Sept 6 — Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.
Malay Mail:
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Indonesia denies Malaysia's haze from Sumatra, cites satellite data
KUALA LUMPUR, Sept 9 — Indonesia's meteorology body has denied that the haze in Malaysia originates from Sumatra, Indonesia, basing this assertion on satellite data over the past few days.
theSun:
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Malaysia pins hope for RCEP deal success with good progress made
BANGKOK: Malaysia sees positive progress towards concluding the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact, by year-end even though there are still some outst...
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Razer CEO to invest $7.2m to drive growth in Singapore’s gaming scene
Min-Liang Tan, co-founder and CEO of Razer, announced he will be pouring S$10 million (US$7.2 million) into Singapore’s gaming scene over the next 12 months.
Malaysiakini:
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Minister hopeful RCEP talks can conclude by year-end
Malaysia sees positive progress towards concluding the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact, by year-end, even though there are still some outstanding i...
Malay Mail:
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Minister: Malaysia can help with Indonesia fire, haze should improve end-Sept
KUALA LUMPUR, Sept 9 — The haze situation is expected to improve after weather conditions change end of this month, and the Malaysian government is prepared to help snuff out Indonesia’s fires tha...
Malay Mail:
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Malaysia pins hope for RCEP deal success with good progress made
BANGKOK, Sept 9 — Malaysia sees a positive progress towards concluding the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact, by year-end even though there are sti...
The Star:
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Animals at wildlife park get a boost from volunteers
KOTA KINABALU: Animals at the Lok Kawi Wildlife Park, many of which were rescued and placed there for rehabilitation, can be seen playing around with their new toys, thanks to a group of volunteers who came over the weekend.
The Star:
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Asean records higher trade and FDIs in 2018
BANGKOK: Asean collectively recorded higher trade and foreign direct investments (FDIs) last year despite current global economic uncertainties and the ongoing trade war...
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Thailand fares badly in business digitalisation: UNCTAD
SINGAPORE and South Korea top the charts when it comes to companies receiving orders online, the Digital Economy Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD) shows.
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Unimech to tie up with Japanese company
BUTTERWORTH: Industrial valve maker Unimech Group Bhd (UGB) plans to boost its export business under a tie-up with a Japanese strategic partner.
Malay Mail:
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Higher trade and foreign investments for Asean in 2018
BANGKOK, Sept 8 — Asean collectively recorded higher trade and foreign direct investments (FDIs) last year despite current global economic uncertainties and the ongoing trade war between China and t...
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AirAsia flight makes safe emergency landing in Maldives after engine catches fire
PETALING JAYA: A Thai AirAsia flight made a safe emergency landing at Velana International Airport in Malé, Maldives after encountering a technical issue just 22...
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Prem Tinsulanonda: The man behind Thailand’s...
IT is one of the most iconic images in Southeast Asian history: Thailand’s King Bhumibol (Rama IX) sitting regally before a group of prostrating, feuding politicians.
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No anomaly or malicious activity detected, says TM
PETALING JAYA: Telekom Malay­sia (TM) says its systems are operating normally, in the wake of a fo­­reign report claiming that hackers from China have broken into...
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Let’s roar proudly for Brand Malaysia
MALAYSIA beat Indonesia 3-2 in our opening World Cup qualifying match in Jakarta on Thursday.Syabas! We finally ended our 15-year winless drought against Indonesia at the hostile Gelora Bung Karno Sta...
The Straits Times:
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Ministry to respond if VEP applies to Singapore vehicles only
The Ministry of Transport (MOT) will consider an "appropriate response" if Malaysia applies a vehicle entry permit (VEP) requirement to only Singapore-registered vehicles.
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Asian cities turn to electric vehicles in anti-pollution drive
BANGKOK: Asian cities are switching to electric vehicles in a bid to tackle worsening air quality, cut climate changing emissions, and expand their public transport networks, climate experts said on F...
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Thailand to legalise ride-hailing services by early 2020
As part of the approval, ride-hailing firms in Thailand must verify the identities of drivers and operate a 24-hour complaint centre.
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Thai AirAsia plane makes emergency landing in Maldives
A Thai AirAsia Airbus A320 made an emergency landing at Malé International Airport, Maldives around 22 minutes after taking off at 8:25 pm local time on Monday.Flight FD-178, with 58 passengers on bo...
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MOT to consider 'appropriate response' if Malaysia applies VEP to only Singapore vehicles
SINGAPORE - The Ministry of Transport (MOT) will consider an "appropriate response" if Malaysia applies a vehicle entry permit (VEP) requirement to only Singapore-registered vehicles.
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Hektar REIT bags Asean energy efficient building award for Subang Parade
KUALA LUMPUR (Sept 6): Hektar REIT was named the first runner-up in the Asean Energy Efficient Building: Retrofitted Building category at the Asean Energy Awards & Gala Dinner held in Bangkok, Thailan...
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Unclear if Malaysia's Vehicle Entry Permit requirement will apply to all land borders: MOT
SINGAPORE: Singapore's Transport Ministry will “consider the appropriate response” if Malaysia will apply its Vehicle Entry Permit (VEP) requirement only on Singapore-registered vehicles, the Min...
theSun:
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FT Ministry enters strategic collaboration with AirAsia on inflight advertisement
LABUAN: Federal Territories (FT) Ministry today entered a strategic collaboration with AirAsia on inflight media advertisement space involving RM1 million to promote tourism attractions in the three f...
theSun:
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Lao-Thailand-Malaysia project enhances Asean multilateral power trade: Yeo
BANGKOK: The first Lao-Thailand-Malaysia Power Integration Project (LTM-PIP) is seen as a milestone to enhance multilateral electricity trade in the Asean Power Grid (APG) and the region towards energ...
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Malaysia to send diplomatic note to Indonesia over forest fires
KUCHING, Sarawak: Putrajaya will send a diplomatic note to Jakarta to request it takes immediate action to put out forest fires in Indonesia, as air quality deteriorated in parts of Sarawak.
Malaysiakini:
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Axiata and Norway's Telenor call off JV talks
Norway's Telenor and Malaysia's Axiata Group said they had called off talks to create a telecoms joint venture with nearly 300 million customers across South Asia and Southeast Asia on Friday, sending...
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Ex-Gobi Partners exec on his investment thesis and industry trends
This article is from an episode of Asia VC Cast, a podcast hosted by Daniel Song.
The Star:
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Asian shares see heavy foreign sell-off in Aug as trade war bites
BENGALURU: Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new...
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