INDUSTRY UPDATES

Empower Syariah Court, says Tengku Abdullah

MARAN, Mar 30 (Bernama) - The regent of Pahang, Tengku Abdullah Sultan Ahmad Shah, today called for the Syariah Court in the state to be empowered and elevated on par with the civil court.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

MOT to review Issuance of Vehicle Stickers for disabled, Dewan Negara told

KUALA LUMPUR, Mar 28 (Bernama) - The Ministry of Transport (MOT) will be reviewing the issuance of disabled persons (OKU) vehicle stickers to avoid misuse by family members, the Dewan Negara was told today.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

Special ATIP Court proof of Governments Commitment to combat Human Trafficking - CJ

KLANG, Mar 28 (Bernama) - The Anti-Trafficking in Persons Sessions Court established today is proof of the government's commitment to combat human trafficking and smuggling of migrants into the country, said Chief Justice Tun Md Raus Sharif.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

SPAD assures Consumer Rights protected in Uber, Grab Merger

KUALA LUMPUR, Mar 27 (Bernama) - The Land Public Transport Commission (SPAD) will cooperate with government agencies such as the Malaysia Competition Commission and relevant non-governmental organisations to ensure the rights of consumers are protected following the Uber-Grab merger in Southeast Asia.
Date: 27 March 2018; Type: Industry Updates; Source: Bernama

New SME Listing Incentives to boost Bursa's LEAP Market

KUALA LUMPUR, Mar 30 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak's announcement of new Listing Incentives for SME (LIVE) programme today is set to boost Bursa Malaysia Bhd's Leading Entrepreneur Accelerator Platform (LEAP) Market.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Abolishing GST not an Easy Task - World Bank

KUALA LUMPUR, Mar 30 (Bernama) - Abolishing the Goods and Services Tax (GST) will not be an easy task as it will require raising other taxes, reducing expenditure or run on deficit, says World Bank Poverty and Equity Senior Economist Kenneth Simler.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

PM announces 11 Incentives Worth RM2.9 Billion for SMEs

KUALA LUMPUR, Mar 30 (Bernama) -- Datuk Seri Najib Tun Razak has announced 11 new and additional incentives worth RM2.9 billion for Small and Medium Enterprises (SMEs).
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

BNM foils Unauthorized Fund Transfers

KUALA LUMPUR, Mar 29 (Bernama) - Bank Negara Malaysia (BNM) has not experienced any financial loss in a cybersecurity incident involving attempted unauthorised fund transfers using falsified Society for Worldwide Interbank Financial Telecommunication (SWIFT) messages.
Date: 29 March 2018; Type: Industry Updates; Source: Bernama

MyCC works on Three-Year Plan to instill Self-Compliance

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) is directing its advocacy efforts towards encouraging businesses to choose self-compliance over being caught for non-compliance with the law.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

BNM outlines Factors to improve Economic Complexity

KUALA LUMPUR, Mar 28 (Bernama) - Bank Negara Malaysia (BNM) outlines talent, financing, infrastructure and regulations as four key pillars to increase the country's economic complexity, which allows Malaysia to further diversify product mix and maximise the opportunities for the nation in the highly-dynamic global environment.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

Act pre-emptively to address Vulnerabilities, Risks, Imbalances - BNM Governor

KUALA LUMPUR, Mar 28 (Bernama) - Continued vigilance together with the ability and will to act pre-emptively to address the build-up of vulnerabilities, risks and imbalances are critical to secure Malaysia's growth prospects, says Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

MyCC, SPAD to ensure E-hailing Mart remains Competitive

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) and Land Public Transport Commission (SPAD) will ensure that competition in e-hailing services will not be disrupted by the recent merger between Uber and Grab.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

INDUSTRY UPDATES

PCC seeks Own Probe on Luzon Power Outages

MANILA, Apr 22 (PNA) - The Philippine Competition Commission (PCC) announced that it will investigate allegations of collusion or abuse of dominance among energy companies that led to the recent series of power outages in Luzon.

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Right to Freedom of Religion guaranteed under Federal Constitution

KOTA BELUD, Apr 21 (Bernama) - The right to freedom of religion of every Malaysian is guaranteed under the Federal Constitution, said Sabah Rural Development Minister Datuk Ewon Benedick.

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Sabah and Sarawak High Court Registrar's Office to move to Kota Kinabalu

SANDAKAN, Apr 21 (Bernama) -- Minister in the Prime Minister’s Department Datuk Liew Vui Keong today confirmed that the Office of the Registrar of the Sabah and Sarawak High Court will be relocated from Kuching to Kota Kinabalu.

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Government awaits Approval from Malay Rulers on New Chief Justice - Mahathir

KUALA LUMPUR, Apri 19 (Bernama) - The government is awaiting approval from the Malay Rulers for the appointment of a new Chief Justice, Prime Minister Tun Dr Mahathir Mohamad said today.

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Double Pay for Workers on Maundy Thursday, Good Friday

MANILA, Apr 17 (PNA) - Workers who will report to work on April 18 and 19 will receive twice their regular daily wages as both days have been declared regular holidays, the Department of Labor and Employment (DOLE) said Wednesday.

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Palace suspends Government Work for Holy Week Exodus

MANILA, Apr 17 (PNA) - Malacañang suspended work on Wednesday (April 17), 12 noon onwards, to allow government employees to travel to their respective regions in time for the observance of Maundy Thursday (April 18) and Good Friday (April 19).

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JBC asks Applicant to comment on Gadon Opposition

MANILA, Apr 16 (PNA) - The Judicial and Bar Council (JBC) has asked an applicant for a vacancy in the Court of Tax Appeals (CTA) to comment on an opposition to her appointment filed last month by senatorial candidate and lawyer, Lorenzo "Larry" Gadon.

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PCC approves Ayala-PHINMA Energy Deal

MANILA, Apr 15 (PNA) - The Philippine Competition Commission (PCC) has approved the acquisition of the majority stake in PHINMA Energy by Ayala Corporation’s power branch, AC Energy.

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8,254 Workers Re-employed after getting Assistance from ESO

KUALA LUMPUR, Apr 16 (Bernama) - A total of 8,254 unemployed workers have been re-employed after receiving assistance from the employment service officers (ESOs) since the Re-Employment Placement Programme for Employment Insurance System (EIS) commenced in August 2018.

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Two Indonesians fined RM100,000 for Possessing Illicit Cigarettes

KLANG, Apr 16 (Bernama) - Two Indonesian retail shop workers were fined RM100,000 by the Magistrate Court here today after pleading guilty to possessing 854 packs of illegal cigarettes of various brands valued at RM1,668.56.

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"Go to the Mosque, get Closer to God," Judge advises Robber

IPOH, Apr 16 (Bernama) - "Go to the mosque, get closer to God, be a good person and stop taking drugs," Sessions Court judge Azman Abu Hassan told a palm oil fruit collector.

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Fake News Bill: Law Society refutes Online Flak over Alleged Silence

Law Society president Gregory Vijayendran said that the organization will share their views over the draft Protection from Online Falsehoods and Manipulation Act privately with policymakers, and has refuted online flak about its so-called "deafening silence".

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SC suspends Work in Courts for Holy Week

MANILA, Apr 15 (PNA) - The Supreme Court (SC) on Monday announced its modified work schedule for the Holy Week, starting with a half-day work on Wednesday.

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Fourth 'Justice Zone' opens in Pampanga

MANILA, Apr 13 (PNA) - The fourth Justice Zone in the country has been formally opened in Angeles, Pampanga by the Justice Sector Coordinating Council (JSCC).

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Indonesia Industrial Summit to be held on April 15-16

Jakarta, April 13 (ANTARA) - The Industry Ministry will organize the 2019 Indonesia Industrial Summit (IIS) themed "Implementation of Making Indonesia 4.0 Toward Top Ten Global Economies", in ICE BSD, Tangerang, Banten Province, on April 15 and 16.

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200 Lawyers gather in Kuala Lumpur for TerraLex

KUALA LUMPUR, Apr 13 (Bernama) - A total of 200 lawyers from 50 countries have gathered here for the TerraLex Global Meeting to discuss a wide variety of legal and economic issues impacting Malaysia.

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Chief Justice pens Touching Farewell to Colleagues

PUTRAJAYA, Apr 13 (Bernama) - "All I ask from you is to protect the judiciary no matter what others may say," said Tan Sri Richard Malanjum in his farewell message to the judges, officers and employees of the judiciary upon his retirement yesterday.

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Chief Justice Richard Malanjum retires

PUTRAJAYA, Apr 12 (Bernama) - Chief Justice Tan Sri Richard Malanjum retires today after serving 27 years in the judiciary.

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