malaysia - General & Misc - News

64,632 Malaysians declared Bankrupt over last Five Years

KUALA LUMPUR, Nov 15 (Bernama) - The Malaysia Department of Insolvency says 64,632 Malaysians aged between 18 and 44 have been declared bankrupt over the last five years.
Date: 15 November 2018; Type: Industry Updates; Source: Bernama

SMEs should use funding from Cooperatives for Adoption of Industry 4.0

KUALA LUMPUR, Nov 15 (Bernama) - Small and medium enterprises (SMEs) can use funding from cooperatives to scale up their business in adopting the Fourth Industrial Revolution (Industry 4.0) technology, Minister of Entrepreneur Development, Datuk Seri Mohd Redzuan Yusof said.
Date: 15 November 2018; Type: Industry Updates; Source: Bernama

Smoking Ban at all Eateries stays - Dr Dzulkefly

KUALA LUMPUR, Nov 14 (Bernama) - The government will not compromise with the smoking ban in all restaurants, food outlets and hawker stalls as it involves public interest, says Health Minister Datuk Seri Dr Dzulkefly Ahmad. He said the government’s directive to ban smoking at all eateries would stay despite the protests from restaurant o ...
Date: 14 November 2018; Type: Legal News; Source: Bernama

Sarawak Rep fined for Contempt of State Assembly

KUCHING, Nov 14 (Bernama) - The Sarawak Legislative Assembly today imposed the maximum fine of RM2,000 on DAP assemblyman Violet Yong for incurring the contempt of the House.
Date: 14 November 2018; Type: Industry Updates; Source: Bernama

UM bags 13th LAWASIA International Moot Competition

KUALA LUMPUR, Nov 13 (Bernama) - A group of University of Malaya (UM) Bachelor of Law (LLB) students emerged as International Champion at the 13th LAWASIA International Moot Competition held early this month.
Date: 13 November 2018; Type: Industry Updates; Source: Bernama

MATTA appeals for Temporary Waiver of Visa Fees for Chinese and Indian Tourists

KUALA LUMPUR, Nov 13 (Bernama) - The Malaysian Association of Tour and Travel Agents (MATTA) is appealing for a temporary waiver of visa fees for tourists from China and India, in order to boost visitor arrivals to Malaysia.
Date: 13 November 2018; Type: Industry Updates; Source: Bernama

SME Non-performing Loans in Malaysia among World's Highest

JOHOR BAHRU, Nov 13 (Bernama) - Malaysia’s Non-Performing Loans (NPLs) among Small and Medium Enterprise (SME) entrepreneurs are among the world’s highest, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof.
Date: 13 November 2018; Type: Industry Updates; Source: Bernama

Melaka enforces Law to overcome Problems concerning Dogs

MELAKA, Nov 12 (Bernama) - The Melaka state government will enforce the Dog Licensing and Breeding By-Law 2013 to ensure that issues involving dogs including neglected dogs could be overcome, the Melaka State Legislative Sitting was told today.
Date: 12 November 2018; Type: Legal News; Source: Bernama

New Name for FT Ministry expected Early Next Year - Khalid

LABUAN, Nov 11 (Bernama) - The new name for the Federal Territories Ministry is expected to be made known early next year, said its Minister Khalid Abdul Samad.
Date: 11 November 2018; Type: Industry Updates; Source: Bernama

Sabah to study Tax on Petroleum Products - Shafie

KOTA KINABALU, Nov 9 (Bernama) - The Sabah government will study the need to impose sales tax on petroleum products in the state, said Chief Minister Datuk Seri Mohd Shafie Apdal.
Date: 09 November 2018; Type: Legal News; Source: Bernama

Sivarasa's Defamation Suit against Tengku Adnan settled

KUALA LUMPUR, Nov 9 (Bernama) - The defamation suit filed by Deputy Rural Development Minister R. Sivarasa against UMNO treasurer Datuk Seri Tengku Adnan Tengku Mansor has been resolved amicably in the High Court here today.
Date: 09 November 2018; Type: Legal News; Source: Bernama

Court issues Warrant of Arrest against Shahidan Kassim

KANGAR, Nov 9 (Bernama) - The Kangar Sessions Court today issued a warrant of arrest against former Minister-in-the-Prime Minister’s Department Datuk Seri Shahidan Kassim for failing to be present in court to face charges, believed related to the case where an under-aged girl was allegedly molested by him recently.
Date: 09 November 2018; Type: Industry Updates; Source: Bernama

Budget 2019 reflects Malaysia's Commitment to ensure a Conducive Business Environment

KUALA LUMPUR, Nov 5 - “The new and extended incentives announced under Budget 2019 reflect Malaysia’s commitment in ensuring a conducive business environment for domestic and foreign investors against the backdrop of global challenges. As the principal investment promotion agency for the country, MIDA looks forward to the holistic study ...
Date: 05 November 2018; Type: Legal News; Source: MIDA

Property Crowdfunding Framework to support Home Ownership Measures outlined in Budget 2019

The Securities Commission said it would be reviewing the details of the proposed structure and our Guidelines on Recognised Markets (RMO Guidelines) to facilitate the establishment of property crowdfunding platforms as announced in Budget 2019.
Date: 05 November 2018; Type: Industry Updates; Source: Securities Commission

National Water Resources Bill being studied

KOTA TINGGI, Nov 8 (Bernama) - The Ministry of Water, Land and Natural Resources is in the process of studying the National Water Resources Bill (RUU SAN) in efforts to strengthen water resources management. Its minister Dr Xavier Jayakumar said the bill should be ready to be tabled in Parliament by next year. “We are confident that ...
Date: 08 November 2018; Type: Legal News; Source: Bernama

Public Service Delivery must evolve in tandem with Industry 4.0 - Chief Secretary

PUTRAJAYA, Nov 8 (Bernama) - Public service delivery needs to evolve to face challenges which are increasingly complex, in line with the development of Industry 4.0, said Chief Secretary to the Government (KSN) Datuk Seri Dr Ismail Bakar.
Date: 08 November 2018; Type: Industry Updates; Source: Bernama

Food Company Fine for using Unpermitted Sweetener in Preserved Fruits

KUALA LUMPUR, Nov 8 (Bernama) - A food company was fined RM5,000 by the Magistrate’s Court here today for using cyclamate, which is an unpermitted sweetener, it its preserved fruits.
Date: 08 November 2018; Type: Legal News; Source: Bernama

Court records Consent Judgment in Suit filed by Neelofa against Rotikaya

KUALA LUMPUR, Nov 8 (Bernama) - The High Court here today recorded the consent judgment of a suit filed by popular TV host and actress Neelofa against the operator of news portal Rotikaya after both parties agreed to settle the matter amicably through the mediation process.
Date: 08 November 2018; Type: Industry Updates; Source: Bernama

New Policies for FDI to be announced: MITI

KUALA LUMPUR, Nov 8 (Bernama) - New policies for strategic areas of Foreign Direct Investment (FDI) would be announced next year, says International Trade and Industry Deputy Minister Dr Ong Kian Ming.
Date: 08 November 2018; Type: Industry Updates; Source: Bernama

MITI completes Anti-dumping Probe on Galvanized Iron Imports from China, Vietnam

KUALA LUMPUR, Nov 8 (Bernama) - The Ministry of the International Trade and Industry (MITI) has completed an anti-dumping investigation on imports of galvanised iron coils/sheets from China and Vietnam following a petition from a domestic producer.
Date: 08 November 2018; Type: Industry Updates; Source: Bernama

INDUSTRY UPDATES

Corruption: Court allows Tengku Adnan Bail of RM1 Million

KUALA LUMPUR, Nov 15 (Bernama) - Former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor who was charged in the Sessions Court here today with two counts of corruption and an alternative charge with accepting bribes of RM3 million in connection with an approval given to a company to raise the ratio plot for development at Jalan Semarak here in 2013 was allowed bail of RM1 million.

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INDUSTRY UPDATES

64,632 Malaysians declared Bankrupt over last Five Years

KUALA LUMPUR, Nov 15 (Bernama) - The Malaysia Department of Insolvency says 64,632 Malaysians aged between 18 and 44 have been declared bankrupt over the last five years.

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INDUSTRY UPDATES

SMEs should use funding from Cooperatives for Adoption of Industry 4.0

KUALA LUMPUR, Nov 15 (Bernama) - Small and medium enterprises (SMEs) can use funding from cooperatives to scale up their business in adopting the Fourth Industrial Revolution (Industry 4.0) technology, Minister of Entrepreneur Development, Datuk Seri Mohd Redzuan Yusof said.

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INDUSTRY UPDATES

92,682 Businesses have registered under SST - Lim

KUALA LUMPUR, Nov 15 (Bernama) - A total of 92,682 businesses have registered under the Sales and Services Tax (SST) regime as of Oct 23, the Dewan Rakyat heard today.

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INDUSTRY UPDATES

Ministers' Pay Cut to remain in Force - Guan Eng

KUALA LUMPUR, Nov 14 (Bernama) - The 10 per cent salary cut for all Cabinet ministers will remain in force, Finance Minister Lim Guan Eng said today.

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INDUSTRY UPDATES

UM bags 13th LAWASIA International Moot Competition

KUALA LUMPUR, Nov 13 (Bernama) - A group of University of Malaya (UM) Bachelor of Law (LLB) students emerged as International Champion at the 13th LAWASIA International Moot Competition held early this month.

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INDUSTRY UPDATES

Time for BNM to reimpose Financing Quota - HBA

KUALA LUMPUR, Nov 13 (Bernama) - It is time for Bank Negara Malaysia (BNM) to reimpose financing quota that the banks need to adhere to in order to assist first-time home buyers, said the National House Buyers Association (HBA).

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INDUSTRY UPDATES

Death of RMN Personnel: Court orders another Probe by Inquiry Board

KUALA LUMPUR, Nov 13 (Bernama) - The High Court here today ordered the Malaysian Armed Forces Council to set up a board of inquiry to determine whether Royal Malaysian Navy (RMN) seaman Muhammad Lailaltuiman Mohd Sukri, who died at a detention room in Sungai Wangi, Sitiawan, was mentally and physically abused while he was attached with KD LEKIR.

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INDUSTRY UPDATES

Need to address, curb questioning of Constitution - Sultan Sharafuddin

SHAH ALAM, Nov 13 (Bernama) - The act of a certain group in questioning the sanctity of Islam, the special rights of the Malays and Bumiputeras, the national language, and the function and position of the Malay Rulers enshrined in the Federal Constitution need to be immediately addressed and curbed.

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INDUSTRY UPDATES

Anwar's Challenge over Implementation of NSC Act remitted to High Court

PUTRAJAYA, Nov 13 (Bernama) - The Federal Court today remitted PKR president-elect Datuk Seri Anwar Ibrahim's legal challenge over the implementation of the National Security Council Act (NSC) 2016 back to the High Court for hearing.

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INDUSTRY UPDATES

MATTA appeals for Temporary Waiver of Visa Fees for Chinese and Indian Tourists

KUALA LUMPUR, Nov 13 (Bernama) - The Malaysian Association of Tour and Travel Agents (MATTA) is appealing for a temporary waiver of visa fees for tourists from China and India, in order to boost visitor arrivals to Malaysia.

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INDUSTRY UPDATES

SME Non-performing Loans in Malaysia among World's Highest

JOHOR BAHRU, Nov 13 (Bernama) - Malaysia’s Non-Performing Loans (NPLs) among Small and Medium Enterprise (SME) entrepreneurs are among the world’s highest, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof.

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INDUSTRY UPDATES

IRB puts 79,786 Tax Evaders on Notice

KUALA LUMPUR, Nov 13 (Bernama) - The Inland Revenue Board (IRB) has identified 79,786 individuals, companies, organisations, cooperatives and more with property and extraordinary wealth who have yet to pay tax.

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INDUSTRY UPDATES

Government urged to review Scheduled Salary Deductions for PTPTN Loanees

KUALA LUMPUR, Nov 12 (Bernama) - A Pakatan Harapan MP today urged the government to review the scheduled salary deductions for National Higher Education Fund Corporation (PTPTN) loanees who earned more than RM1,000 a month.

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INDUSTRY UPDATES

EPF extends Mohamad Nasir's term to December 31, 2019

KUALA LUMPUR, Nov 12 (Bernama) - The Employees Provident Fund (EPF), with the approval from the Ministry of Finance, has agreed to extend Datuk Mohamad Nasir Ab Latif’s term as Deputy Chief Executive Officer (Investment) until Dec 31, 2019.

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