DOCSLIB.ORG

Monthly News Scan

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Monthly News Scan MONTHLY NEWS SCAN Tinjauan Berita Bulanan Compiled by IDS Vol. 25 Issue 2 IDS Online http://www.ids.org.my 1 – 29 February 2020 HIGHLIGHTS Dow falls more than 4% amid China’s official Purchasing FOCUS coronavirus stock rout: Financial Managers’ Index (PMI) fell to a markets suffered a sixth day of losses record low of 35.7 in February from • A global rout is a great time for a on recently, as traders dumped shares 50.0 in January, the National Bureau command economy like China on fears that the spread of coronavirus of Statistics said on Saturday (Feb 29), • Coronavirus poses risks to fragile will hobble the global economy. In the well below the 50-point mark that recovery in global economy: IMF US, the Dow Jones plunged nearly separates monthly growth from • Economic stimulus package 1,200 points to lose 4.4%. It was the contraction. Analysts polled by necessary to ensure growth sharpest points-drop in history. The Reuters expected the February PMI to • Malaysia’s power struggle puts S&P 500 ended 4.4% lower, while the come in at 46.0. (29 February, The economy’s outlook at risk Nasdaq dropped 4.6%. Earlier, Straits Times) • RM5b green venture a world first London's FTSE 100 finished 3.5% • State Govt can sustain economic S. Korea keeps rates unchanged, growth – CM lower, while Japan's Nikkei 225 led lowers growth outlook: South Korea Asian losses, falling more than 2%. kept interest rates unchanged INTERNATIONAL (27 February, BBC News) yesterday, dashing expectations for a ANTARABANGSA cut even as it downgraded the growth Brexit complicates EU budget outlook amid mounting fears the A global rout is a great time for a plans: EU leaders are meeting in coronavirus outbreak could derail command economy like China: In Brussels this week to discuss the Asia's fourth-largest economy. times of distress, a centralised bloc’s future budget plans. These Acknowledging threats from a financial system can go a long way. negotiations are always challenging, prolonged outbreak, Bank of Korea Global investors, bruised by an ugly tending to pit net payers against net (BOK) governor Lee Ju-yeol stressed week of asset selloffs, can perhaps beneficiaries. There are proposals the limits of monetary policy and consider buying the dip - but only in from the European Commission and called for government spending and China. In the past, if the US sneezed, the Parliament that some countries more targeted measures to deal with emerging markets would soon be in think involve spending too much. This the slowdown. (28 February, The the emergency room. Not this time. time, the talks are further complicated Straits Times) While the S&P 500 Index is heading by the departure of the UK, which was for its worst week since the global a large net contributor. (20 February, UK economy saw zero growth at the financial crisis, China has been BBC News) end of 2019: The UK economy saw relatively Zen-like, despite being the no growth in the final three months of 2019, as manufacturing contracted for Japan’s factory activity shrinks at epicentre of the coronavirus outbreak. the third quarter in a row and the fastest pace since 2012 on The ChiNext index, in particular, is service sector slowed around the time still up 16 per cent this year, even after coronavirus jolt: Japan’s factory of the election. The Office for this week's heavy selling. (28 activity suffered its steepest National Statistics (ONS) said the car February, The Straits Times) contraction in seven years in industry had seen a particularly weak February, as the widening fallout from quarter. The ONS figures also Coronavirus poses risks to fragile the coronavirus outbreak in China showed the economy grew by 1.4% in recovery in global economy: IMF: reinforced the risk of a recession in the 2019, marginally higher than the 1.3% The coronavirus epidemic has already world’s third-largest economy. The rate in 2018. Recent surveys have disrupted economic growth in China manufacturing downturn offers the suggested that the economy has clearest evidence yet of the and a further spread to other countries picked up in the new year. (11 epidemic’s damaging effects on February, BBC News) could derail a “highly fragile” global growth and businesses, and is projected recovery in the global likely to ramp up pressure on Japanese Russia’s economic growth at 1.3% economy in 2020, the International policymakers to increase stimulus. (21 in 2019, slightly above Monetary Fund warned. In a note for February, Reuters) expectations: The Russian economy G20 finance ministers and central grew 1.3% in 2019, preliminary data bankers, the global lender mapped out China’s factory activity posts from the statistics service showed, many risks facing the global economy, record contraction as coronavirus slightly exceeding expectations. including the disease and a renewed bites: Factory activity in China Analysts polled by Reuters in late spike in U.S.-China trade tensions, as contracted at the fastest pace on record 2019 expected Russia’s gross well as climate-related disasters. (19 in February, highlighting the damage domestic product to expand 1.2%. The February, Reuters) from the coronavirus outbreak on the central bank predicted that the world’s second-largest economy. economy would grow by no more than 1.3%. (3 February, Reuters) 1 – 29 February 2020 MONTHLY NEWS SCAN (Tinjauan Berita Bulanan) 1 Malaysia will be undertaking Consumer confidence remains NATIONAL extensive reforms of the investment low: The consumer confidence index NASIONAL process in 2020: MITI: Malaysia (CCI) has declined for the fifth will be undertaking extensive reforms consecutive quarter since its all-time Economic stimulus package in the investment process in order to high after the 14th General Election, necessary to ensure growth: The improve the ease of doing business for both foreign and domestic investors in as more Malaysians remain economic stimulus package is apprehensive about job prospects. At necessary to ensure Malaysia’s 2020. The Ministry of International 107 points, Malaysia fell just outside economic growth will remain stable as Trade and Industry (MITI) said the government’s revenue from direct domestic investors, in particular, will the top 10 most optimistic countries, taxation fluctuates with the be encouraged to aggressively pursue placing 11th on the index, according performance of the economy. Affin export opportunities in new overseas to Nielsen. “In the fourth quarter of Hwang Capital analysts Alan Tan and markets. Under the leadership of 2019,70% of Malaysians believed that Kevin Low believe the government minister Datuk Darell Leiking, the the country is in a recession, down will be reverting back to the fiscal ministry has taken on board slightly from 73% posted in the constructive feedback offered by consolidation path when the economic previous quarter; 37% were optimistic investors and other stakeholders on about an economic recovery in the environment stabilises. Malaysia’s how to improve investment process in gross domestic product (GDP) is order to better drive economic growth next 12 months, which is higher than expected to grow between 3.2 per cent towards achieving Malaysia’s vision 34% in the third quarter of 2019. (19 and 4.2 per cent this year due to the of Shared Prosperity 2030. (14 February, The Star) impact of Covid-19 outbreak. (28 February, Business Times) February, Business Times) Malaysia can be electric car hub: UK sees Malaysia as possible Malaysia has the potential to be an Malaysia’s power struggle puts gateway to Asia-Pacific electric vehicles (EV) and plug-in economy’s outlook at risk: trade: Britain, promoting itself as a hybrid electric vehicles (PHEV) hub, Malaysia’s political upheaval is willing trade partner for the Asia- Proton Holdings Bhd deputy chief jeopardising the economy’s outlook at Pacific region, is seeking close executive officer Datuk Radzaif a time of heightened global risks and alignment with Malaysia as its former Mohamed said. But this requires the brewing discontent among locals colony considers ratifying an 11- about rising living costs. The ruling member Pacific trade pact, the UK’s local vendor community to develop coalition collapsed Monday amid a top diplomat said recently. Pushing new skills and invest in advanced power struggle between 94-year-old the tagline “Global Britain is open for technologies, allowing them to make a Prime Minister Tun Dr Mahathir business“, the UK has launched an quantum leap to become a global Mohamad and his planned successor. aggressive campaign to set up new supplier. Therefore, Radzaif said the The political uncertainty is stalling trade partnerships after it formally National Automotive Policy 2020 economic policy, including a stimulus quit the European Union at the end of (NAP2020) must take a holistic view package that was due to be unveiled January. Malaysia was the final stop regarding EV and PHEV by Dr Mahathir on Feb. 27 to counter in a four-nation tour of the Asia- encompassing multiple areas. (20 the Covid-19 coronavirus outbreak. Pacific by British Foreign Secretary February, Business Times) Now, that set of incentives won’t be Dominic Raab, who described the announced in time as it hadn’t been Comprehensive and Progressive Govt to expedite investment Agreement for Trans-Pacific approved by the previous cabinet, said projects worth RM21 bln to address Ong Kian Ming, who served as deputy Partnership (CPTPP), representing more than 13 per cent of global gross COVID-19 impact: The government trade minister. (25 February, The Star) domestic product, as a “priority” for will expedite the implementation of Britain. (12 February, Business development projects worth RM21 World Bank reviewing Covid-19 Times) billion involving government-linked impact before revising Malaysia’s companies (GLCs) and public GDP growth target: The World Malaysia’s total trade eases 2.5 pct agencies to address the impact from Bank is in the midst of reviewing the to RM1.83 trillion in 2019: the Covid-19 outbreak.
Load more

Recommended publications
  • 'I Fear Not Jail, I Fear Only Allah' Free Malaysia Today 27 March 2014
    ‘I fear not jail, I fear only Allah’ Free Malaysia Today 27 March 2014 Oleh Luke Rintod PENAMPANG : Even with a looming five-year jail sentence hanging over his head, defiant Opposition Leader Anwar Ibrahim told supporters in Sabah Wednesday he feared no one but Allah. “I fear not to be jailed. I fear only Allah. They can send me to jail again, and I will continue to speak up for the people and against Umno. I will fight the corrupt Umno leaders till the end,” he thundered at a Reformasi 2.0 gathering of about 500 at Kampung Ramaya in Penampang, last night. The PKR supremo blasted the current Umno-led federal government as the most rotten regime Malaysians had ever witnessed. He said opposition and hatred towards the Umno-led federal government is mounting by the days and it would be unstoppable. “Umno is ruining this country with corruption, indignity and incapability of good governance. The people must stop this rot. “Stop Umno from playing racial and religious issues, and the only way is throwing them away from Putrajaya,” said Anwar in his hour-long fiery speech that captivated his responsive audience. Anwar who is also the MP for Permatang Pauh said the result from the Kajang by-election in Selangor showed that PKR and Pakatan Rakyat have the support of 60% of the electorates and that PKR has the support of the majority of Malays too. “So all the talks by Umno leaders that PKR is only supported by the Chinese and Indian communities proved to be false.
    [Show full text]
  • Monthly News Scan
    MONTHLY NEWS SCAN Tinjauan Berita Bulanan Compiled by IDS Vol. 24 Issue 12 IDS Online http://www.ids.org.my 1 – 31 December 2019 HIGHLIGHTS from leaving the EU, analysis for ANZSCEP, Singapore's first and New FOCUS BBC Newsnight has suggested. Zealand's second bilateral Free Trade Independent trade experts from the Agreement (FTA) that became • Trump ‘signs off’ on deal to pause UK Trade Policy Observatory effective Jan 1, 2001, the Ministry for US-China trade war (UKTPO) looked at the likely impact Trade and Industry said on Monday • South-east Asia may soon need a of US, Australian and New Zealand (Dec 30). The agreement will address ‘Plan B’ to deal with low free trade deals. They found that even modern trade issues and improve trade inflation: S&P Global Ratings combined, new tariff-cutting rules and provisions that are in line • ‘Malaysia on track towards agreements were likely to boost the with newer FTAs that Singapore and developed nation status’ UK economy by just 0.4%. (11 New Zealand have entered into. (30 • Malaysia enters new era of December, BBC News) December, The Straits Times) economic momentum with Bandar Malaysia revival - IQI Global Trade disputes settlement system Australia government downgrades • Japanese firm inks RM100m facing crisis: The World Trade outlook for economy, budget investment in Lahad Datu POIC Organization is facing a crisis in its surplus: Australia’s conservative • Mega Free Trade Zone to be set up system for resolving disputes between government recently cut its outlook in Putatan its members. It has an appeal "court" for growth in the economy and wages that is the final arbiter on such as part of a A$33 billion downgrade to INTERNATIONAL disputes and which is about to become expected revenues over the next four ANTARABANGSA unable to function.
    [Show full text]
  • Malaysian Prime Minister Hosted by HSBC at Second Belt and Road Forum
    News Release 30 April 2019 Malaysian Prime Minister hosted by HSBC at second Belt and Road Forum Peter Wong, Deputy Chairman and Chief Executive, the Hongkong and Shanghai Banking Corporation, together with Stuart Milne, Chief Executive Officer, HSBC Malaysia, hosted a meeting for a Malaysian government delegation led by Tun Dr Mahathir Mohamad, Prime Minister of Malaysia, with HSBC’s Chinese corporate clients. The meeting took place in Beijing on the sidelines of the Second Belt and Road Forum for International Cooperation, in which Mr. Wong represented HSBC. Dr. Mahathir together with the Malaysian Ministers met with Mr. Wong and executives from approximately 20 Chinese companies to discuss opportunities in Malaysia in relation to the Belt and Road Initiative. Also present at the meeting were Saifuddin Abdullah, Minister of Foreign Affairs; Mohamed Azmin Ali, Minister of Economic Affairs; Darell Leiking, Minister of International Trade and Industry; Anthony Loke, Minister of Transport; Zuraida Kamaruddin, Minister of Housing and Local Government; Salahuddin Ayub, Minister of Agriculture and Agro- Based Industry; and Mukhriz Mahathir, Chief Minister of Kedah. Ends/more Media enquiries to: Marlene Kaur +603 2075 3351 [email protected] Joanne Wong +603 2075 6169 [email protected] About HSBC Malaysia HSBC's presence in Malaysia dates back to 1884 when the Hongkong and Shanghai Banking Corporation Limited (a company under the HSBC Group) established its first office in the country, on the island of Penang, with permission to issue currency notes. HSBC Bank Malaysia Berhad was locally incorporated in 1984 and is a wholly-owned subsidiary of The Hongkong and Shanghai Banking Corporation Limited.
    [Show full text]
  • Mps As GLC Heads: Double-Edged Sword for Warisan, Says Analyst
    MPs as GLC heads: Double-edged sword for Warisan, says analyst Published on: Saturday, June 06, 2020 By: FMT Warisan president Shafie Apdal is walking a political tightrope with the appointments of two elected representatives as GLC heads, says analyst Romzi Ationg. (Bernama pic) KOTA KINABALU: A political analyst in Sabah says Warisan’s decision to backtrack on its election pledge by appointing elected representatives as heads of government-linked companies (GLC) could work in either direction for the party amid speculation of impending crossovers to the state opposition. Romzi Ationg of Universiti Malaysia Sabah (UMS) said the move could work in Warisan’s favour but only if the MPs appointed to the posts do an outstanding job. He acknowledged that voters might be upset by Chief Minister Shafie Apdal’s (pic) decision to appoint two of his MPs to such positions as it was a clear breach of his election pledge. He also warned of a backlash from the opposition which he said would seek to use the matter for political mileage. “We need to give the chief minister room to do what he thinks is best to reach the goal of improving state affairs through these appointments. “But failure to do so may hurt Warisan. It’s a double-edged sword,” he told FMT. Earlier this week, Shafie announced the appointments of Penampang MP Darell Leiking as chairman of Sabah Oil and Gas Development Corporation Sdn Bhd and Sepanggar MP Azis Jamman as head of state investment arm Warisan Harta Sabah Sdn Bhd. He said then that the move was for the good of the people, adding that the MPs had the experience and capability to lead the GLCs and ensure progress in the state.
    [Show full text]
  • Malaysia Politics
    March 10, 2020 Malaysia Politics PN Coalition Government Cabinet unveiled Analysts PM Tan Sri Muhyiddin Yassin unveiled his Cabinet with no DPM post and replaced by Senior Ministers, and appointed a banker as Finance Minister. Suhaimi Ilias UMNO and PAS Presidents are not in the lineup. Cabinet formation (603) 2297 8682 reduces implementation risk to stimulus package. Immediate challenges [email protected] are navigating politics and managing economy amid risk of a no Dr Zamros Dzulkafli confidence motion at Parliament sitting on 18 May-23 June 2020 and (603) 2082 6818 economic downsides as crude oil price slump adds to the COVID-19 [email protected] outbreak. Ramesh Lankanathan No DPM but Senior Ministers instead; larger Cabinet (603) 2297 8685 reflecting coalition makeup; and a banker as [email protected] Finance Minister William Poh Chee Keong Against the long-standing tradition, there is no Deputy PM post in this (603) 2297 8683 Cabinet. The Constitution also makes no provision on DPM appointment. [email protected] ECONOMICS Instead, Senior Minister status are assigned to the Cabinet posts in charge of 1) International Trade & Industry, 2) Defence, 3) Works, and 4) Education portfolios. These Senior Minister posts are distributed between what we see as key representations in the Perikatan Nasional (PN) coalition i.e. former PKR Deputy President turned independent Datuk Seri Azmin Ali (International Trade & Industry), UMNO Vice President Datuk Seri Ismail Sabri Yaakob (Defence), Gabungan Parti Sarawak (GPS) Chief Whip Datuk Seri Fadillah Yusof (Works) and PM’s party Parti Pribumi Malaysia Bersatu Malaysia (Bersatu) Supreme Council member Dr Mohd Radzi Md Jidin (Education).
    [Show full text]
  • Lam Research to Expand Global Footprint
    Lam Research to Expand Global Footprint February 4, 2020 KUALA LUMPUR, Malaysia, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Lam Research Corporation (Nasdaq: LRCX), in collaboration with the Malaysian Investment Development Authority (MIDA) today announced that Lam has selected Batu Kawan Industrial Park in Penang, Malaysia as the location for a new advanced technology production facility. “MITI and MIDA have been hard at work to entice more quality investments globally, particularly in the areas of technology and innovation to propel Malaysia to greater heights. This project, in particular, will ultimately create new opportunities for local businesses and vendors as well as high-value jobs for Malaysians.” said YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI). The new facility will be 700,000 square feet at the initial phase with the opportunity to expand in the future. Construction is expected to begin in early 2020, with the first shipment by 2021. With the new facility, it is projected that there will be up to approximately 350 jobs added over the next three years, including roles in manufacturing, facilities and on-site shipping and receiving. The Minister of Finance, YB Mr Lim Guan Eng, said, “The establishment of Lam Research’s new advanced technology production facility in Batu Kawan is a mark of confidence in the capacity and promise of sustainable growth of the Malaysian economy, especially in the manufacturing sector. We are confident that Malaysia’s attractive talent pool, facilitative investment environment, as well as its deep integration with the international supply chain, offers the right mix for the high-tech sectors.” Lam’s global operations are essential to its success in quickly delivering innovative technologies to its customers worldwide.
    [Show full text]
  • Penyata Rasmi Parlimen Dewan Rakyat Parlimen Keempat Belas Penggal Ketiga Mesyuarat Ketiga
    Naskhah belum disemak PENYATA RASMI PARLIMEN DEWAN RAKYAT PARLIMEN KEEMPAT BELAS PENGGAL KETIGA MESYUARAT KETIGA Bil. 48 Isnin 7 Disember 2020 K A N D U N G A N JAWAPAN-JAWAPAN LISAN BAGI PERTANYAAN-PERTANYAAN (Halaman 1) RANG UNDANG-UNDANG: Rang Undang-undang Perbekalan 2021 Jawatankuasa:- Jadual:- Kepala B.27 (Halaman 21) Kepala B.28 (Halaman 50) Kepala B.30 (Halaman 84) USUL-USUL: Usul Anggaran Pembangunan 2021 Jawatankuasa:- Kepala P.27 (Halaman 21) Kepala P.28 (Halaman 50) Kepala P.30 (Halaman 84) Waktu Mesyuarat dan Urusan Dibebaskan Daripada Peraturan Mesyuarat (Halaman 84) DR. 7.12.2020 1 MALAYSIA DEWAN RAKYAT PARLIMEN KEEMPAT BELAS PENGGAL KETIGA MESYUARAT KETIGA Isnin, 7 Disember 2020 Mesyuarat dimulakan pada pukul 10.00 pagi DOA [Tuan Yang di-Pertua mempengerusikan Mesyuarat] JAWAPAN-JAWAPAN LISAN BAGI PERTANYAAN-PERTANYAAN 1. Datuk Wilson Ugak anak Kumbong [Hulu Rajang] minta Menteri Pembangunan Luar Bandar menyatakan status projek-projek infrastruktur luar bandar di bawah kementerian iaitu projek-projek jalan luar bandar, bekalan elektrik dan bekalan air khususnya di kawasan Parlimen Hulu Rajang dan amnya di negeri Sarawak. Menteri Pembangunan Luar Bandar [Datuk Dr. Haji Abd. Latiff bin Ahmad]: Terima kasih Tuan Yang di-Pertua, terima kasih Yang Berhormat Hulu Rajang. Untuk Rancangan Malaysia Ke-11, untuk negeri Sarawak, daripada tahun 2016 hingga 2020 dalam Rancangan Malaysia Ke-11, ada sejumlah 15 projek untuk bekalan air luar bandar yang mana lima telah pun siap, dalam pembinaan sejumlah lima, tiada dalam perolehan, satu dalam reka bentuk dan empat dalam lantikan perunding. Daripada sebanyak 15 itu Tuan Yang di-Pertua, enam berada di Hulu Rajang dengan tiga projek pada tahun 2016 yang mana satu sudah siap manakala dua dalam pembinaan.
    [Show full text]
  • Diterbitkan Oleh: SEKSYEN PENYATA RASMI PARLIMEN MALAYSIA 2018
    ________________________________________________________________________________________________________ Diterbitkan oleh: SEKSYEN PENYATA RASMI PARLIMEN MALAYSIA 2018 K A N D U N G A N PEMASYHURAN TUAN YANG DI-PERTUA: - Teks Titah Seri Paduka Baginda Yang di-Pertuan Agong (Halaman 1) - Memperkenankan Akta-akta (Halaman 1) - Perutusan Daripada Dewan Negara (Halaman 2) - Pelantikan Ketua Pembangkang (Halaman 2) JAWAPAN-JAWAPAN LISAN BAGI PERTANYAAN-PERTANYAAN (Halaman 2) USUL-USUL: Menjunjung Kasih Titah Seri Paduka Baginda Yang di-Pertuan Agong - Dato’ Johari bin Abdul (Sungai Petani) (Halaman 25) ________________________________________________________________________________________________________ Diterbitkan oleh: SEKSYEN PENYATA RASMI PARLIMEN MALAYSIA 2018 DR 18.7.2018 i AHLI-AHLI DEWAN RAKYAT 1. Yang Berhormat Tuan Yang di-Pertua, Dato’ Mohamad Ariff bin Md Yusof 2. “ Timbalan Yang di-Pertua, Dato’ Mohd Rashid Hasnon [Batu Pahat] – PKR 3. “ Timbalan Yang di-Pertua, Tuan Nga Kor Ming [Teluk Intan] – DAP MENTERI 1. Yang Amat Berhormat Perdana Menteri Tun Dr. Mahathir bin Mohamad [Langkawi] – PPBM 2. “ Timbalan Perdana Menteri dan Menteri Pembangunan Wanita, Keluarga dan Masyarakat, Dato’ Seri Dr. Wan Azizah Wan Ismail, D.P.P.N. [Pandan] – PKR 3. Yang Berhormat Menteri Dalam Negeri, Tan Sri Dato’ Haji Muhyiddin bin Mohd Yassin, P.S.M., S.P.M.P., S.P.M.J., S.M.J., P.I.S., B.S.I., S.H.M.S., S.P.S.A., S.P.M.P., S.U.N.S., S.P.D.K., D.P., P.N.B.S. [Pagoh] – PPBM 4. “ Menteri Kewangan, Tuan Lim Guan Eng [Bagan] – DAP 5. “ Menteri Pertahanan, Tuan Mohamad bin Sabu [Kota Raja] – AMANAH 6. “ Menteri Pendidikan, Dr. Maszlee bin Malik [Simpang Renggam] – PPBM 7.
    [Show full text]
  • Crisis Committee Issue: Transition of Power in Malaysia Student Officer
    Shanghai Model United Nations XX 2018 | Research Reports Forum: Crisis Committee Issue: Transition of Power in Malaysia Student Officer: Wesley Chiu Position: Crisis Chair Mohamad Sabu (Minister of Defense) From a culinary graduate to the Minister of Defense, Mat Sabu’s rise in Malaysian politics is widely considered as one of the most bizarre journey. Sabu, unlike many other military personnel, is a charismatic and holistic leader who constantly speaks out racial and religious tensions in Malaysia. Despite not being a typical military officer, Sabu has a grand vision for the Malaysian military. With the deteriorating state of most equipments and the rapidly advancing military technology, Sabu intents to implement a whole scale change in the military by brining in drone aircrafts and introducing the use of Artificial Intelligence into the military. However, understanding that the government is currently on a tight budget, Subu recognizes that his vision might take a certain level of patience before becoming a reality. Mohamed Azmin Ali (Minister of Economic Affairs) While it is true that the Malaysian people has just elected a new Prime Minister, Mohamed Azmin Ali has been tipped to become the long-term solution to Malaysian leadership. A relatively reserved and quiet politician, Azmin has been involved in Malaysian politics for 30 years. Like many other progressive politicians in the current administration, Azmin shares the same worry about religion and racial devision. However, as the head of the Minister of Economic Affairs (a newly created ministry in the current administration), Azmin is more troubled by the economic aftermaths of failed programs such as the BR1M.
    [Show full text]
  • Page Numbers Followed by “N” Refer to Endnotes. a Abang Johari, 241, 365
    INDEX Note: Page numbers followed by “n” refer to endnotes. A Alor Setar, 74, 159, 173 Abang Johari, 241, 365, 374–76, 381, 397n5 Amanah. See Parti Amanah Negara Abdul Aziz Mohd Yusof, 69 Aminolhuda Hassan, 325 Abdul Hadi Awang, 206, 351, 353, 354 Amirudin Shari, 306 Abdul Halim Yusof, 359 Ansell, Ben, 115 Abdul Latiff Ahmad, 224 Anthony Nogeh Gumbek, 382–83 Abdul Rahman Haji Uthman, 343 anti-Communist Emergency campaigns, Abdul Rahman Ya’kub, 367–68 210 Abdul Rashid Abdul Rahman, 356, 357 anti-corruption, 140, 238, 326 Abdul Razak Hussein, Tun, 7, 164, 251, 261, Anti-Fake News Bill, 9, 34, 319, 490 344, 367, 447 anti-ICERD rally, 180 Abdullah Badawi, 7, 238, 239, 263, 281, 322, anti-Muslim, 222 348 Anuar Tan, 356 Abdullah Sani, 292 Anwar Ibrahim, 6, 9, 60, 74, 222, 238, 247, Adenan Satem, 10, 241, 371–72, 374, 381, 254, 348, 428, 486, 491 397 Asian Financial Crisis, 6, 87, 238 Adnan Yaakob, 448 Asri Muda, 344 Afghanistan, 28 Astaka, 73 Ahmad Baihaki Atiqullah, 359 Asyraf Wajdi Dusuki, 352 Ahmad Bashah Md Hanipah, 174 autoregressive distributed lag (ARDL) Ahmad Fathan Mahmood, 360 model, 109, 110 Ahmad Marzuk Shaary, 360 Ayer Hitam, 246, 248, 331, 333 Ahmad Nazib Johari, 381 Azalina Othman, 224, 323, 329 Ahmad Yakob, 351, 353, 360 Azmin Ali, 195, 280, 283, 290, 291, 295, 298, Aku Janji Warisan, 409 454 Ali Biju, 390, 396 “Allah ban”, 375 B Alliance-BN, 4, 5, 191 Bachok, 348, 355 Alor Gajah, 222 Bahasa Melayu, 167, 251, 252, 372, 375, 376 19-J06064 24 The Defeat of Barisan Nasional.indd 493 28/11/19 11:31 AM 494 Index Bakun Dam, 375, 381 parliamentary seats, 115, 116 Balakong, 296, 305 police and military votes, 74 Balakrishna, Jay, 267 redelineation exercise, 49, 61, 285–90 Bandar Kuching, 59, 379–81, 390 in Sabah, 402, 403 Bangi, 69, 296 in Sarawak, 238, 246, 364, 374–78 Bangsa Johor, 439–41 Sarawak BN.
    [Show full text]
  • Click Here for the Full Report
    1 Contents President’s Message - 3 Executive Director’s Message - 4 About AMCHAM - 6 Board of Governors 2017/18 - 8 Honorary Members - 10 Executive Office Team - 11 Finance - 12 Membership Listing - 14 Committees & Working Groups - 18 Advocacy - 19 Events & Programs - 24 APCAC - 25 Washington Doorknock - 26 Photo Gallery - 28 Corporate Social Responsibility - 32 JA Malaysia - 34 2 President’s Message Dear Members, At AMCHAM, we take our commitment to our Mission and Objectives very seriously. Since the hiring of a new Executive Director in 2016, we embarked on a strategy to ensure that we would be in a position to fulfil those five tenets. I am happy to report that, three years later, the Chamber has achieved what it set out to do, reviving itself to become a significant voice for the American business community. We are stronger today than we have ever been and ready to face the challenges that impact us every day. As we witness monumental shifts in global trading relationships and the breakneck speed of technological development, the challenge of innovation and adoption, along with the shifting needs being imposed on talent development, makes it imperative to be communicating consistently with our host government. To do our jobs, it is incumbent on us to be as up-to-date and responsive to the changing business environment. This is made easier with our active engagement at the Chamber, along with the financial support we provide at various opportunities throughout the year. A strong Chamber becomes vital in helping us work as partners with the government, to bring out the best for both our companies and the country, together.
    [Show full text]
  • Jeffrey: Report an 'Eyewash' to Save Dr M Malaysiakini.Com Dec 3, 2014 Veteran Sabah Politician Jeffrey Kitingan Has Described T
    Jeffrey: Report an 'eyewash' to save Dr M MalaysiaKini.com Dec 3, 2014 Veteran Sabah politician Jeffrey Kitingan has described the royal commission of inquiry (RCI) report on foreigners in the state as an "eyewash" to save former premier Dr Mahathir Mohamad. "The people of Sabah are unhappy," the State Reform Party (Star) chairperson told Malaysiakini. He said it was "impossible for the government to be blameless" with regard to the "Project IC" when identification cards were produced by the government. He added that contents of the report were "disappointing and pointless" despite the commission taking a long time to unveil its findings and recommendations. "Is this all they have come up with after taking such a long time to produce the report?" he asked. Another term used for "Project IC" is "Project M", where the "M" stood for Mahathir, who is often described as the mastermind behind the alleged granting of citizenship to illegal immigrants in return for votes. Jeffrey has been critical of the alleged project and even described it as a "dangerous, ticking time bomb". He previously said the government's lack of action against the fake Sabahan/Malaysian identity cards as "treasonous". RCI clears gov't and political parties However, the RCI report released this afternoon, though acknowledging the possibility of such a scheme taking place, had cleared the government and political parties of any involvement. According to the report, syndicates comprising former National Registration Department officers were to be blamed. Last year, when testifying before the commission, Mahathir denied any knowledge of such an operation.
    [Show full text]