INDUSTRY UPDATES

SC Deputy Chief Executive Appointed Judicial Commissioner

KUALA LUMPUR, Mar 30 (Bernama) - Securities Commission Malaysia (SC) Deputy Chief Executive Datuk Ahmad Fairuz Zainol Abidin, who has completed his contract with the commission, has been appointed a Judicial Commissioner.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Yangon Starts New Wheel Tax Collection System, but More Reviews needed

MPs who discussed new tax regulations under the Yangon taxation law during a regional parliament session yesterday agreed that more should be done to improve the system.
Date: 30 March 2018; Type: Industry Updates; Source: Myanmar Times

Price of Higher-End Vehicles fall after Tax Reduction

Some high-end cars are looking a little cheaper following a reduction in taxes on special goods under the new 2018 Union Tax Law, which was signed into legislation on March 20.
Date: 27 March 2018; Type: Industry Updates; Source: Myanmar Times

Minister Siti Nurbaya leads Indonesian Delegation at meeting with EU

Jakarta, Mar 27 (ANTARA News) - Indonesian Environment and Forestry Minister Siti Nurbaya Bakar led an Indonesian delegation during a meeting with European Union (EU) key elements in Brussels to discuss a wide range of issues including palm oil.
Date: 27 March 2018; Type: Industry Updates; Source: Antara

Maritime Affairs and Fisheries Ministry wins OpenGov Award

Jakarta, Mar 26 (ANTARA News) - The Maritime Affairs and Fisheries Ministry has won an OpenGov Recognition Award during Indonesia Leadership Forum 2018 organized by the OpenGov Asia.
Date: 26 March 2018; Type: Industry Updates; Source: Antara

Indonesian Central Bank gets New Governor

Jakarta, Mar 28 (ANTARA News) - The House of Representatives (DPR), through its Commission XI on banking affairs, in a fit and proper test session on Wednesday endorsed the candidacy of Perry Warjiyo as the new Bank Indonesia (BI) Governor.
Date: 28 March 2018; Type: Industry Updates; Source: Antara

ASEAN opens Dialogue with China, US

Jakarta, Mar 27 (ANTARA News) - ASEAN member countries open a dialogue with the Government of the People's Republic of China and the United States regarding issue on iron and steel industry policy imposed by both countries.
Date: 27 March 2018; Type: Industry Updates; Source: Antara

Treasury Department introduces New Coins Portraying King Rama X

BANGKOK, Mar 28 (NNT) - The Treasury Department introduced new coins with a portrait of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun.
Date: 28 March 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Barcode System to improve Efficiency of Excise Tax Collection

BANGKOK, Mar 26 (NNT) - The Excise Department has developed a barcode system to calculate median prices of excise products. The system is expected to help the excise tax collection meet its target.
Date: 26 March 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Calida: Sereno misled JBC in applying as SC Justice

MANILA, Mar 27 (PNA) - Solicitor General Jose Calida said Tuesday that Chief Justice Maria Lourdes Sereno has misled the Judicial Bar and Council (JBC) regarding her application as Associate Justice in the Supreme Court in 2010.
Date: 27 March 2018; Type: Industry Updates; Source: Philippine News Agency

Anti-Fake News Law can create Generation with First-Class Mentality

KUALA LUMPUR, Mar 30 (Bernama) - The Anti-Fake News Bill 2018 tabled in the Dewan Rakyat on Monday, is seen capable of producing a generation with first-class mentality.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

MyCC conducts First Choral speaking Contest on Competition Law

KUALA LUMPUR, Mar 30 (Bernama) - The Malaysia Competition Commission (MyCC) conducted the first choral speaking competition on competition law in Malaysia with the theme, #Bebaskartel, in celebrating its seventh year anniversary.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

Do not Postpone Cases unreasonably - Chief Justice

PUTRAJAYA, Mar 30 (Bernama) - Chief Justice Tun Raus Sharif today reminded judges against postponing their cases unreasonable.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

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

INDUSTRY UPDATES

House rejects Four Candidates for Chief Justice

Jakarta, May 22 (ANTARA) - The House of Representatives (DPR) Commission III rejected four candidates proposed by the Judicial Commission for chief justice during a plenary session held in Jakarta on Tuesday.

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18 Items listed under Festive Season Price Control Scheme for Aidilfitri, Gawai

KUCHING, May 22 (Bernama) - The Ministry of Domestic Trade and Consumer Affairs has listed 18 items under the Festive Season Price Control Scheme (FSPCS) in conjunction with Aidilfitri and 14 items for Gawai Dayak which will be celebrated in June.

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Phone Call not from Officer or Staff of Penang Courts - Chief Registrar's Office

PUTRAJAYA, May 21 (Bernama) - The Federal Court Chief Registrar’s Office (PKPMP) has denied an individual’s claim about receiving a phone call from an officer or employee of the Penang courts.

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ASEAN told to improve Production Technology and Capacity

KUALA LUMPUR, May 21 (Bernama) - Southeast Asia, particularly Malaysia, should focus on improving production technology and capacity, as well as regional integration in order to benefit from the shifting of supply chains due to changes in global trade, says HSBC Bank Malaysia Bhd.

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No Freeze in Intake of Foreign Workers - Ministry

KUALA LUMPUR, May 18 (Bernama) - The Human Resources Ministry has clarified that there is no freeze in the recruitment of foreign workers although many applications to bring in workers have been rejected for non-compliance with the law.

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Actions against those who tarnish Judiciary's Image, Dignity, says CJ

PUTRAJAYA, May 17 (Bernama) - Actions will be taken against those who tarnish the judiciary's image and dignity, says Chief Justice Datuk Tengku Maimun Tuan Mat.

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Right Decisions only Way for Judiciary to recover Glory - Attorney General

PUTRAJAYA, May 17 (Bernama) - Attorney-General Tommy Thomas says judges must always endeavour to make the right decisions, without fear or favour, and regardless of the personality of the party or the accused before them.

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Transport Ministry makes it More Flexible for e-hailing Drivers to obtain PSV Licence

KUALA LUMPUR, May 17 (Bernama) - The Ministry of Transport is willing to make it easier for e-hailing drivers to clock in the six hours of course time to obtain a Public Transport Vehicle (PSV) licence.

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RM1.56 Mln Fine on Poachers, highest so far for Wildlife Crimes

PUTRAJAYA, May 17 (Bernama) - The Kuala Terengganu Sessions Court's decision to fine RM1.56 million each on two Vietnamese poachers has been the highest amount so far for wildlife crimes in the country's history, said Water, Land and Natural Resources Minister Dr Xavier Jayakumar.

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Delegation of Lawmakers visit Netherlands

Hanoi, May 15 (VNA) - A delegation of the National Assembly’s Committee on Laws led by the committee’s vice chairman Pham Tri Thuc has just paid a working visit to the Netherlands.

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Adib Inquest: Lawyer grills Forensics Expert on 'Probability Report'

SHAH ALAM, May 16 (Bernama) - A lawyer questioned the ‘probability report’ of a specialist medical witness in the inquest into the death of Muhammad Adib Mohd Kassim, that injuries to the right chest of the firefighter were caused by a curb or road shoulder.

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Telecom Regulator proposes Online Sim Card Registration

The Lao Telecommunication Regulatory Authority is developing an application for use as a possible option to speed up sim card registration.

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Government agrees to appoint a Youth to represent them in the Senate

BANGI, May 15 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad announced that the government has agreed to appoint a member of the Senate from among the youths with wide expertise and knowledge in the field and issues on the development of youths.

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MoF sets up Debt Management Office

KUALA LUMPUR, May 15 (Bernama) - The Ministry of Finance has set up the Debt Management Office (DMO) to review and manage the government’s debt and liabilities.

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RoK helps Vietnam accelerate Judicial Reform

Hanoi, Apr 26 (VNA) - The Supreme People’s Court and the Korea International Cooperation Agency (KOICA) launched a project on improving trial transparency and quality at Vietnamese courts during a ceremony in Hanoi on April 26.

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DOLE announces 29 Job Fir Venues Nationwide on Labor Day

MANILA, Apr 29 (PNA) - The Department of Labor and Employment (DOLE) is inviting job seekers to a nationwide job fair on May 1.

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Universities, Industry Players to join forces for IR 4.0

GEORGE TOWN, Apr 29 (Bernama) - The joint forces of the brains in the universities and the capacity and capabilities of key industries will make a change for a better world through the Fourth Industrial Revolution (IR 4.0), said Universiti Sains Malaysia (USM) vice-chancellor Prof Dr Asma Ismail.

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BNM appoints Two External Members to Monetary Policy Committee

KUALA LUMPUR, Apr 29 (Bernama) - Bank Negara Malaysia (BNM) has reappointed Professor Dr Yeah Kim Leng and appointed Datuk Dr Gan Wee Beng as external members of its Monetary Policy Committee (MPC) effective April 1, 2019.

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