DOCSLIB.ORG

Malaysia Daybreak | 29 October 2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Malaysia Daybreak | 29 October 2014 REGIONAL DAILY December 26, 2012 MALAYSIA Malaysia Daybreak | 29 October 2014 Key Metrics ▌What’s on the Table… —————————————————————————————————————————————————————————————————————— FBMKLCI Index Plantations - Malaysia implements B7 1,900 We are positive on Malaysia's plans to start implementing the use of B7 biodiesel in stages starting Nov as this will boost the country's usage of palm oil. 1,850 We estimate that the rollout could raise the country's palm oil demand by 263k-390k tonnes per annum, or 1-2% of the total palm oil production in 2013. 1,800 As this equates to an additional monthly CPO demand of only 22k-33k tonnes, we keep our average CPO price forecast at RM2,390 and RM2,460 per tonne 1,750 for 2014 and 2015, respectively. We also maintain our Neutral rating on the Oct-13 Dec-13 Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 sector. Our key picks in the sector are First Resources, Astra Agro and SIMP. ——————————————————————————— FBMKLCI GHL Systems Bhd - One-for-two bonus issue goes ex 1825.68 2.53pts 0.14% Oct Futures Nov Futures GHL’s one-for-two bonus issue has gone ex today. Ex-bonus, our target price 1825.5 - (0.44%) 1826 - (1.00%) adjusts to RM1.06, still based on 23.8x CY16 P/E (at 40% premium over the ——————————————————————————— global payment sector average of 17x, in view of its strong EPS CAGR of 75% in Gainers Losers Unchanged 285 528 274 FY13-16 and attractive PEG of 0.6x). Stronger earnings from the TPA segment, ——————————————————————————— M&A activities in new markets and the possibility that the company could be a Turnover takeover target are potential re-rating catalysts. Maintain Add. 1580.88m shares / RM1786.732m 3m avg volume traded 2671.31m shares Nestle (Malaysia) - Still the leader 3m avg value traded RM2178.39m ——————————————————————————— Regional Indices Nestle highlighted during its analysts’ briefing today that although domestic FBMKLCI FSSTI JCI SET HSI sales grew by only 5.8% yoy, the company considers the achievement 1,826 3,212 5,001 1,557 23,520 encouraging as the growth rate was above industry average. To boost profits, it ———————————————————————————————— Market Indices will continue to focus on increasing its operating efficiency. We trim our Close % chg YTD % chg FY14-16 net profit forecasts by 0.3-0.6% to factor in the higher capex as guided FBMKLCI 1,825.68 0.1 (2.2) by management. This reduces our DCF-based target price. We maintain an Add FBM100 12,315.87 (0.1) (2.2) FBMSC 17,269.52 (1.1) 10.0 rating on the stock given its strong branding, solid delivery track record and FBMMES 6,415.75 (0.6) 13.0 superior ROE. Key rerating catalysts include a positive impact from the cost Dow Jones 17,005.75 1.1 2.6 NASDAQ 4,564.29 1.7 9.3 pass-though and easing raw material prices. FSSTI 3,211.65 (0.4) 1.4 FTSE-100 6,402.17 0.6 (5.1) SENSEX 26,880.82 0.5 27.0 Hang Seng 23,520.36 1.6 0.9 ▌News of the Day… JCI 5,001.30 (0.5) 17.0 —————————————————————————————————————————————————————————————————————— KOSPI 1,925.68 (0.3) (4.3) Nikkei 225 15,329.91 (0.4) (5.9) • US consumer confidence index climbs to highest since Oct 2007 PCOMP 7,066.74 (0.5) 20.0 • SET 1,556.53 0.6 19.9 YTL aims to expand its global and hospitality REITs Shanghai 2,337.87 2.1 10.5 • MRT Corp refutes claim that tunnelling work is unsafe Taiwan 8,773.55 1.7 1.9 ———————————————————————————————— • MPOC expects CPO price to increase to RM2,100-2,500 in 2015 Top Actives • AirAsia X expects Australia to return to a profit in 4Q14 Close % chg Vol. (m) NI HSIN 0.520 8.3 50.4 • Malindo Air will double its Indonesian network during 4Q14 SUMATEC 0.340 (4.2) 41.8 IFCA MSC BHD 0.590 (3.3) 37.2 PDZ HOLDINGS 0.255 (5.6) 35.3 BERJAYA CORP 0.485 (3.0) 34.3 EFFICIENT 0.330 0.0 32.2 DGB ASIA 0.155 0.0 31.0 TAKASO 0.625 0.0 27.5 ———————————————————————————————— Economic Statistics Close % chg US$/Euro 1.2734 (0.01) RM/US$ (Spot) 3.2745 (0.03) RM/US$ (12-mth NDF) 3.3432 (0.08) OPR (% ) 3.24 0.93 BLR (% , CIMB Bank) 6.85 0.00 GOLD ( US$/oz) 1,228.13 (0.03) WTI crude oil US spot (US$/barrel) 81.42 0.52 CPO spot price (RM/tonne) 2,195.00 0.55 ———————————————————————————————————————— Terence WONG, CFA T (60) 3 2261 9088 E [email protected] Show Style "View Doc Map" Sources: CIMB. COMPANY REPORTS IMPORTANT DISCLOSURES, INCLUDING ANY REQUIRED RESEARCH CERTIFICATIONS, ARE PROVIDED AT THE END OF THIS REPORT. Sources: CIMB. COMPANY REPORTS Daybreak│Malaysia October 29, 2014 Global Economic News US durable goods orders decreased 1.3% mom in Sep (-18.3% mom in Aug). Excluding transportation, equipment bookings declined 0.2% mom in Sep (+0.7% mom in Aug). Orders for non-defence capital goods excluding aircraft dropped 1.7% mom in Sep (+0.3% mom in Aug), the most since Jan. Shipments of non-defense capital goods, used in calculating GDP, fell 0.2% mom in Sep (+0.1% mom in Aug). (Bloomberg) The US S&P/Case-Shiller composite index of 20 metropolitan cities increased 5.6% yoy in Aug (+6.7% yoy in Jul), the smallest gain since Nov 2012. Nationally, prices rose 5.1% yoy in Aug (+5.6% yoy in Jul). (Bloomberg) The US consumer confidence index climbed to 94.5 in Oct (89 in Sep), the highest since Oct 2007. (Bloomberg) The US seasonally adjusted home ownership rate fell to 64.3% in 3Q14 (64.8% in 2Q14), the lowest since the fourth quarter of 1994. (Reuters) The risk of price deflation in the euro zone is limited and European Central Bank (ECB) figures suggest a much lower probability than those of the International Monetary Fund (IMF), ECB chief economist Peter Praet said, but added that policy makers would need to remain vigilant about price deflation. (Reuters) Japanese retail sales climbed 2.7% mom (+1.9% mom in Aug) and rose 2.3% yoy in Sep (+1.2% yoy in Aug). For 3Q14, sales were up 1.4% yoy (-1.8% yoy in 2Q14). (Bloomberg) Bank of Japan (BOJ) Governor Haruhiko Kuroda said there is no pre-set deadline for ending its massive monetary stimulus, signalling that the bank's two-year timeframe for meeting its inflation target is not a rigid one. (Reuters) Bank of Japan (BOJ) Deputy Governor Kikuo Iwata said he sees no need to revise a law guaranteeing the central bank's independence from government interference just because its 2% inflation target cannot be achieved in two years, adding that "it's not set in stone like a train timetable, there is uncertainty." (Reuters) Japanese Finance Minister Taro Aso said that he will consider compiling an economic package to support the economy after examining GDP and other economic indicators for 3Q14, ahead of a sales tax hike next year. (Reuters) South Korea’s consumer confidence slid to 105.0 in Oct (107.0 in Sep). (RTT) In its half-yearly macroeconomic review, the Monetary Authority of Singapore (MAS) said that Singapore’s GDP growth forecast would come in at between 2.5% and 3.5% this year, adding that broadly similar pace is expected for 2015. 2 Daybreak│Malaysia October 29, 2014 The MAS report highlighted that some external-oriented sectors of the economy should benefit from the uplift in the US economy. Still, some activity in the sector may be subject to sluggish demand in the eurozone and China. MAS also pointed out that the manufacturing sector is expected to move up the value chain towards high-margin activities such as research and development (R&D) as well as services. (CNA) Thailand’s exports growth bounced back to increase 3.2% yoy in Sep (-7.4% yoy in Aug). Imports were up 14.42% in Sep (-14.17% yoy in Aug). As a result, trade deficit was THB1.8bn in Sep (THB1.15bn in Aug). (Bangkok Post) Inflation in Philippines is expected to further decelerate in Oct due to the lower prices of oil and a number of food items, averaging between 3.7-4.6%, the Bangko Sentral ng Pilipinas (BSP) said. The State Bank of Vietnam’s dong deposit rate cap for terms between one month to less than six months will be lowered to 5.5% from 6% with effect from 30 29 Oct. The refinance, discount and repurchase rates will remain unchanged. (Bloomberg) Malaysian Economic News Malaysia expects to see more anti-dumping cases being initiated over the next few years, as companies use such a trade remedy to protect their business operations. "We foresee an increase in the anti-dumping cases, but not exponentially," said the International Trade and Industry Ministry's (Miti) Senior Director, Mohamed Shahabar Abdul Kareem. He estimated the number could go up to six cases a year, from around three to four per annum in the past. The rise in the anti-dumping cases is attributable to more companies being aware of resorting to the trade remedy measure to fend off unhealthy competition, he told reporters here today after attending a seminar on trade remedies. (Bernama) Johor is confident of maintaining its high level of investment via the manufacturing sector which attracted RM18.8bn as at July this year.
Load more

Recommended publications
  • I. the Royal Malaysia Police
    HUMAN RIGHTS “No Answers, No Apology” Police Abuses and Accountability in Malaysia WATCH “No Answers, No Apology” Police Abuses and Accountability in Malaysia Copyright © 2014 Human Rights Watch All rights reserved. Printed in the United States of America ISBN: 978-1-62313-1173 Cover design by Rafael Jimenez Human Rights Watch is dedicated to protecting the human rights of people around the world. We stand with victims and activists to prevent discrimination, to uphold political freedom, to protect people from inhumane conduct in wartime, and to bring offenders to justice. We investigate and expose human rights violations and hold abusers accountable. We challenge governments and those who hold power to end abusive practices and respect international human rights law. We enlist the public and the international community to support the cause of human rights for all. Human Rights Watch is an international organization with staff in more than 40 countries, and offices in Amsterdam, Beirut, Berlin, Brussels, Chicago, Geneva, Goma, Johannesburg, London, Los Angeles, Moscow, Nairobi, New York, Paris, San Francisco, Tokyo, Toronto, Tunis, Washington DC, and Zurich. For more information, please visit our website: http://www.hrw.org APRIL 2014 ISBN: 978-1-62313-1173 “No Answers, No Apology” Police Abuses and Accountability in Malaysia Glossary .......................................................................................................................... 1 Map of Malaysia .............................................................................................................
    [Show full text]
  • Parliament Will This Month Receive a Report on Appointments of Four G
    1 KEEP APPOINTMENT OF CHIEF JUSTICE OUT OF PARLIAMENTARY SELECT COMMITTEE By Tun Abdul Hamid Mohamad On 12 November, 2019, The Malaysian Insight reported: “Parliament will this month receive a report on appointments of four government agency chiefs, said William Leong, the chairman of the parliamentary select committee (PSC) on major public appointments. The four are that of the chiefs of the Malaysian Anti-Corruption Agency (MACC) and Election Commission, the Inspector-General of Police (IGP) and chief justice. MACC chief Latheefa Koya was summoned by the committee last June where she was asked to explain her vision, mission and focus, among others. ….. Leong said then a report will be tabled in Parliament on the outcome of the meeting. Dr Mahathir, however, later said the appointments of the EC Chairman and its members, MACC chief commissioner, and members of the Judicial Appointments Commission and the Human Rights Commission of Malaysia (Suhakam) will go through the committee from now on. Asked if the other three were summoned to the committee’s hearing like Latheefa, Leong said the committee engaged with the respective agencies instead of the individuals. “We have already discussed with most of them, so we are now in the process of finalising the report. We hope in the next two to three weeks to table the report,” Leong told The Malaysian Insight. At this juncture, the committee has been given the approval by the government to look into the four positions but more will be added from time to time, he said.”” I am most concerned about the Chief Justice (CJ) being included in the list.
    [Show full text]
  • The Covid-19 Outbreak Is a Double-Barrelled Threat - Our Very Lives and Livelihood Are in Danger
    Alvin Dear PM, PP19507/11/2019 (035148) APRILAPRIL 2020 2020 Chong we need 0404 soars high to be more in showbiz transparent despite the P. 6 obstacles. Read about it in PURSUIT 04 PP 19339/05/2018(034908) 9 772289 234001 www.focusmalaysia.my MONTHLY APRIL 2020 MALAYSIA RM8 | ISSUE 04 Conversations Four airlines Focus List Push for Liew ask for Finding banking Chin financial aid undervalued mergers on Tong from MoF stocks the cards? P.14&16 P.18,20&22 P.24-25 P.36 Softening the blow The Covid-19 outbreak is a double-barrelled threat - our very lives and livelihood are in danger. Are the government’s efforts enough to mitigate the impact of the virus? P.8-10&12 2 contents FocusM | April 2020 • How is the Covid-19 pandemic affecting Malaysia, from people’s lives to their livelihood? • What can we expect from Covid-19, and what can we do to mitigate the risks? P.8-10,12 26 30-31 Mainstream 35 Points2Ponder: What will be your priority, transport minister? 4 Supply chain disrupted, says Westports CEO 36 A push for banking consolidation on the horizon? 6 PoundFoolish: Dear Prime Minister, we need more transparency Property 6 Will FGV’s obligation to Felda scuttle its turnaround? 26 Partial certification unacceptable for housing projects 14-16 Conversations: In search of a Malaysian identity 27 Will more theme parks close down? 18 AirAsia, MAB, Malindo, Firefly seek financial aid from MoF, say sources 28-29 How Covid-19 and politics affect the property sector 20 QuestionTime: Should airlines in Malaysia be saved? 30-31 Malls must evolve to stay
    [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]
  • Amirudin Shari Selangor Menteri Besar
    JUNE 2019 FREE selangortv.my f facebook.com/selangorjournal twitter.com/selangorjournal selangorjournal.my I would like to wish the people of Selangor Selamat Hari Raya Aidilfitri, Maaf Zahir dan Batin. May you have a safe journey back to your hometown this raya season. Amirudin Shari Selangor Menteri Besar May this Eid be a source of immense blessing and joy for you and your family. SelamatSelamat HariHari RayaRaya AidilfitriAidilfitri Amirudin - Leading Water supply from Sungai with passion and Langat treatment plant restored Page 3 compassion Federal Govt Adopts Penang’s June 2018 began a brand-new era for Selangorians as they heralded Housing Formula a new Menteri Besar for Selangor. The successor to Dato’ Seri Page 12 19Mohamed Azmin Ali was revealed to be a young and vibrant candidate by the name of Amirudin Shari, the second youngest candidate to ever hold No unfair currency practices in the position of Selangor Menteri Besar. Story continues on Page 4 Malaysia, says BNM Page 14 Be a Mentor to Neoliberal Empower Women Reforms or a woman, having a mentor who Strengthening is also a woman can prove to be Monopoly Power Fextremely beneficial, as navigating the work landscape can be complicated at and Abuses Page 15 times— particularly in an industry that is dominated by the opposite sex. Story continues on Page 7 02 NEWS June 2019 | Selangor Journal Use of Smart ‘Mysterious Deaths’ Not Verified “We suspect that it is caused by a pol- Selangor App Begins luted pond (air tandak),” he said, add- PETALING JAYA — Claims of ‘myste- ing Health Clinic and the Chiku 3 Health ing that the pond was their source of rious’ deaths plaguing the Batek Orang Clinic in Gua Musang, Dr Zaini said.
    [Show full text]
  • Sarawak Report Taib Corruption
    Sarawak Report Taib Corruption Double-edged and repellant Jerrold stores his heat slices mutualizes connaturally. Gleetiest Ira never compute drizzly,so subject but orwelcome garagings Lukas any browbeating unavoidableness cynically obdurately. or disillusionises Sometimes irresolutely. darkening Erastus evinces her swap The interview with which begins the sarawak report APs, to spot few businessmen, some stun them said to be suspend to Rafidah. Najib had determined quick efficient order but Domestic Trade, Cooperatives and Consumerism Ministry to halt the allegation towards Suaram for its links to currency speculator George Soros. The crooks of BN Sarawak, now passing under your different company, sit allied to the government benches in the Assembly protected by PH and pale from enquiry and prosecution. London lawyers who landed on haircut and ward should buy, we need always free press. Onn Mahmud controls shipping permits. The ministers, as elected representatives, were also answerable to the Dewan Rakyat or lower bone of Parliament, Aziz added. Kadir Jasin said today. Given a remote location, children unless these communities do not reflect access to schools. Jamilah Taib Murray, the climax of Taib. The lecture slides were hastily removed from the official SEB Web site after environmental groups discovered and downloaded it. Others have all pretty exotic. However, they thought had then admit that SAKTO when relief was founded was several Taib family members. The problem note that the affluent and size of buddy the proposed HEP dams are huge. Malaysian sovereign last month, warned BNP Paribas. The exact total shape of public funds expended for the completion of initial project, but, remains unknown.
    [Show full text]
  • Constituting Religion
    Downloaded from https://www.cambridge.org/core. IP address: 170.106.35.93, on 27 Sep 2021 at 12:55:29, subject to the Cambridge Core terms of use, available at https://www.cambridge.org/core/terms. https://www.cambridge.org/core/product/888E17F4ACC3739CE1AA443FD07C9BA8 Downloaded from https://www.cambridge.org/core. IP address: 170.106.35.93, on 27 Sep 2021 at 12:55:29, subject to the Cambridge Core terms of use, available at https://www.cambridge.org/core/terms. https://www.cambridge.org/core/product/888E17F4ACC3739CE1AA443FD07C9BA8 constituting religion Most Muslim-majority countries have legal systems that enshrine both Islam and liberal rights. While not necessarily at odds, these dual commitments nonetheless provide legal and symbolic resources for activists to advance contending visions for their states and societies. Using the case study of Malaysia, Constituting Religion examines how these legal arrangements enable litigation and feed the construction of a “rights-versus-rites binary” in law, politics, and the popular imagination. By drawing on extensive primary source material and tracing controversial cases from the court of law to the court of public opinion, this study theorizes the “judicialization of religion” and examines the radiating effects of courts on popular legal and religious consciousness. The book docu- ments how legal institutions catalyze ideological struggles that stand to redefine the nation and its politics. Probing the links between legal pluralism, social movements, secularism, and political Islamism, Constituting Religion sheds new light on the con- fluence of law, religion, politics, and society. This title is also available as Open Access on Cambridge Core at https://doi.org/10.1017/ 9781108539296.
    [Show full text]
  • Suhakam) on 1 December 2006
    BAR COUNCIL LEGAL AID CENTER (KL) REPORT OF OBSERVATIONS ON THE PUBLIC INQUIRY INTO THE INCIDENT AT KLCC ON 28 MAY 2006 ON BEHALF OF INTERESTED PARTIES Chua Tian Chang (W1), Badrul Hisham bin Shaharin (W2), Yap Weng Keong (W4), Dr. Hatta Ramli (W5), Lim Sok Swan (W6), Ronnie Liu Tian Khiew (W7), Lee Huat Seng (W8), Lua Khang Wei (W9), Lai Chee Sen (W13), Lee Khai Loon (W14), Lim Hong Siang (W15), Soh Sook Hwa (W16), Zahir bin Hassan (W17), Syed Ibrahim bin Syed Noh (W19), Lim Ban Teng (W20), Nashita binti Md Noor (W22), Ooi Tze Min (W23), Teh Chun Hong (W24), Amran Zulkifli (W25), Wong Keen Yee (W26) and Omar Tan Abdullah @ Tan Soi Kow (W27) SUBMITTED TO THE HUMAN RIGHTS COMMISSION OF MALAYSIA (SUHAKAM) ON 1 DECEMBER 2006 BAR COUNCIL LEGAL AID CENTRE (KL) 6TH FLOOR, WISMA KRAFTANGAN NO. 9, JALAN TUN PERAK 50050 KUALA LUMPUR 1 Report Of Observations On The Public Inquiry Into The Incident At KLCC on 28 May 2006 On Behalf of Interested Parties TABLE OF CONTENTS I. INTRODUCTION II. IDENTIFICATION OF THE RIGHTS ENGAGED III. ANALYSIS OF EVIDENCE OF WITNESSES IN CHRONOLOGICAL ORDER IV. OVERVIEW AND NARRATIVE OF THE EVENT V. VIOLATIONS OF HUMAN RIGHTS AND HOW THEY CAME ABOUT, WHO WAS RESPONSIBLE, ADMINISTRATIVE DIRECTIVES, PROCEDURES OR ARRANGEMENTS THAT CONTRIBUTED VI. RECOMMENDATIONS VII. ACKNOWLEDGEMENTS VIII. APPENDIX 1 2 Report Of Observations On The Public Inquiry Into The Incident At KLCC on 28 May 2006 On Behalf of Interested Parties I. INTRODUCTION These observations are forwarded on behalf of the following interested parties who also appeared as witnesses in the Inquiry.
    [Show full text]
  • MEDIA MONITORING REPORT MARCH 2020 SUMMARY This
    MEDIA MONITORING REPORT MARCH 2020 SUMMARY This report aims to identify and monitor on a monthly basis instances of freedom of expression and speech concerns and violations in the Malaysian media, including arrests and investigations. Due to recent political developments on the national level as well as the ongoing COVID-19 pandemic, which have seen the return of UMNO to federal power and a Movement Control Order (MCO) implemented nationwide, this report includes analysis on the matter as well. The monitoring sample consisted of a total of 12 online news portals across the entire country, from the Klang Valley to the east coast and both East Malaysia states. The 12 portals are: The Star Online, News Straits Times, Malaysiakini, Free Malaysia Today, Malay Mail Online, Sinar Harian, Berita Harian, Malaysian Gazette, Borneo Post, New Sarawak Tribune, Daily Express Sabah and Harakah. Monitoring work was done twice daily for five days in a row. Monitoring of TV and radio stations were not feasible due to budgetary constraints and lack of manpower. ANALYSIS The political crisis March marked the controversial return of Umno into federal power, and Parti Pribumi Bersatu Malaysia (PPBM) president Muhyiddin Yassin as the country's eight prime minister, replacing Dr Mahathir Mohamad, who had led the Pakatan Harapan (PH) coalition to Putrajaya during the May 2018 general elections. Prime Minister Muhyiddin Yassin during his swearing-in ceremony at the National Palace in Kuala Lumpur on March 1. Picture credit: EPA ​ Dubbed a "backdoor government" because of the way a political coup was launched to achieve this, concerns had been raised about existing plans for institutional reforms that were initiated by PH, especially with a PAS leader, Takiyuddin Hassan, as the minister of law.
    [Show full text]
  • Projekpantau Finale V3.Pdf
    Faiz Zaidi is a Researcher in Democracy and Governance at IDEAS. He received his Bachelors Degree in Politics and Government from the University of Malaysia Sarawak (UNIMAS) and a Master of Social Science (Strategy and Diplomacy) from the National University of Malaysia (UKM). Faiz was previously a Perdana Fellow, a program under the Ministry of Youth and Sports, where he was attached to the Minister of Primary Industries. Jasmine Redzuan is a Research Assistant in Democracy and Governance at IDEAS. She received her Ontario Secondary School Diploma from Sunway College, and will attend the University of Nottingham Malaysia Campus to receive her Bachelor of Arts in International Relations with French. She aspires to continue advocating for a government that is transparent and upholds the principles of rule of law. 2 Projek Pantau - Final Report of the Pakatan Harapan Government’s Performance Final Report Card Project Introduction Projek Pantau was designed to track the progress of the Pakatan Harapan (PH) government’s performance based on their manifesto promises pledged in the Buku Harapan. The aim of the project was to provide a transparent assessment of the PH government’s performance in a series of report cards published in April, June and December 2019. In the previous series of report cards that we published last year, we used a mechanism called IDEAS Manifesto Scorecard Methodology to indicate the level of progress of each of the sub promises that were broken down from the main promises stated in the Buku Harapan. All these sub promises were then divided into three (3) different categories - Political Commitment, Policy Direction and Implementation.
    [Show full text]
  • Six Muslim Men Jailed for Missing Friday Prayers in Malaysia
    Table of Contents Six Muslim men jailed for missing Friday prayers in Malaysia Malaysian women’s rights activists under investigation for refusing to wear hijab Malaysia investigates women who discussed their 'dehijabbing' Six Muslim men jailed for missing Friday prayers in Malaysia UCA News (05.12.2019) - http://bit.ly/2Rn3KxK - Six Muslim men in Malaysia’s conservative northeastern state of Terengganu have been handed one-month jail terms for missing Friday prayers, according to a news report. The punishment has prompted fresh concern about a rise in Islamic conservatism in the multi-ethnic country. Attending Friday prayers is obligatory for Muslim men in Malaysia, but it is unusual for such punishment to be handed down for not doing so. According to the Harian Metro newspaper the men aged from 17 to 35 were caught having a picnic by a waterfall instead of observing Islam’s holiest day of the week. The sharia court they were dragged before on Dec. 1 also fined each of them between 2,400 and 2,500 ringgit (US$575-$600). They are free on bail while they appeal the sentences, but could have faced two years behind bars. “Their alleged failure to attend Friday prayers is a personal matter,” Zaid Malek, from rights group Lawyers for Liberty, said, reported AFP. “While such acts may be considered improper by some in Muslim society, criminal punishment is excessive and not the way to address them.” Critics said the case demonstrated that Malaysia’s tolerant interpretation of Islam was being eaten away, and came a few weeks after four Muslim men were caned for having gay sex.
    [Show full text]
  • Das Vorläufige Ende Der Demokratisierung in Malaysia? Der Machtwechsel Im Februar / März 2020 März 2020
    Blickwechsel Gesellscha Umwelt Menschenrechte Armut Politik Entwicklung Demokratie Gerechtigkeit Das vorläufige Ende der Demokratisierung in Malaysia? Der Machtwechsel im Februar / März 2020 März 2020 Von Andreas Ufen In Malaysia ist die vorsichtige Demokratisierung, die seit Mai 2018 langsam in Gang gekommen war, zum Erliegen gekommen. Auch aufgrund einer rätselhaften Entscheidung des Königs gelang es den „Kleptokraten“, die alte Regierung zu stürzen. Und das, obwohl bis heute unklar ist, ob eine Mehrheit im Parlament den Machtwechsel unterstützt. Im Mai 2018 gewann in Malaysia erstmals seit Mahathir gegründet worden, nachdem er sich 1957 die Opposition die nationalen Wahlen. Die von der alten Regimepartei UMNO (United Malays seit 2015 bestehende „Allianz der Hoffnung“ National Organisation) losgesagt hatte, vor allem (Pakatan Harapan oder PH), bestand aus der vor- wohl um den damals regierenden, als korrupt rangig ethnisch chinesischen Democratic Action geltenden Premierminister Najib Razak aus dem Party (DAP), der Malaysian United Indigenous Party Amt zu jagen. (Parti Pribumi Bersatu Malaysia, PPBM oder Ber- satu), der People’s Justice Party (PKR) von Anwar Die PH versprach im Wahlkampf 2018 umfas- Ibrahim und einer kleineren islamischen Partei, sende Reformen, letztlich eine fundamentale Amanah, die sich vor ein paar Jahren von der is- Demokratisierung eines autoritären Systems. lamistischen PAS (Parti Islam Se-Malaysia) abge- Insgesamt ist die Bilanz der Koalition nach 21 spalten hatte. Bersatu ist im September 2016 von Monaten aber enttäuschend. Die Prozesse gegen Mein unglück­ Najib und den amtierenden UMNO-Präsidenten seliges Malaysia Zahid Hamidi sind nur langsam in Gang ge- (Grafik: Zunar) Der „Sheraton Move“ kommen, und repressive Sicherheitsgesetze wie etwa der Sedition Act sind weitgehend unan- und Mahathirs Rücktritt getastet geblieben.
    [Show full text]