Malaysia

Malaysian Ministries to discuss possibility of reducing property prices for foreigners

PONTIAN, Oct 13 (NNN-BERNAMA) — The Ministry of Housing and Local Government (KPKT) will hold discussions with the Ministry of Finance (MOF) on the lowering of the threshold for foreigners to purchase condominiums and apartments in urban areas from RM1 million to RM600,000.

Housing and Local Government Minister Zuraida Kamarudin said there was a need to re-examine the policy, as there were many among the rakyat who disagreed with it.

Malaysia’s oil firm wins 3 exploration blocks in Brazil

KUALA LUMPUR, Oct 11 (NNN-Xinhua) — Malaysia’s state-owned oil firm Petronas said Friday that it has successfully won three exploration blocks in the Campos Basin, offshore Brazil.

The company said in a statement that its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) has won blocks CM 661, CM 715 and CM 541 in the region.

As operator, PPBL holds 100 percent equity in blocks CM661 and CM715. As for block CM541, PPBL owns 20 percent stake, while France’s Total SA (operator) and Qatar Petroleum holds 40 percent stake each.

M’sia, Pakistan, Turkey planning a TV channel to counter Islamophobia

KUALA LUMPUR, Oct 8 (NNN-BERNAMA) — Discussions to set up an English language channel – proposed by Pakistan, Turkey and Malaysia to counter Islamophobia – have begun, with a technical meeting held between Pakistan and Turkey.

Turkish Ambassador to Malaysia Merve Safa Kavakci said Turkey’s Presidential Communications Director Fahrettin Altun had led a delegation to a meeting with Pakistani representatives on the matter last week. 

Malaysia seeking USD 100 mn in fines in expanded 1MDB probe

Kuala Lumpur, Oct 7 (AFP) Malaysian authorities have imposed fines of around USD 100 million on 80 entities, intensifying their pursuit of people allegedly linked to the massive 1MDB corruption scandal, the anti-graft chief said Monday.

The fines are linked to a wide-ranging probe into billions of dollars that were looted from state investment fund 1MDB between 2009 and 2014, and spent on everything from yachts to expensive artwork, in a fraud allegedly involving the former prime minister.

Germans in Malaysia mark Unity Day with a grand feast and lessons from the wars

KUALA LUMPUR, Oct 4 (NNN-BERNAMA) — The German community in Malaysia marked the 30th anniversary of its Unity Day with a grand dinner hosted by the country’s ambassador to Malaysia Nikolaus Graf Lambsdorff at a hotel here Thursday evening.

Also known as the National Day, the Day of German Unity is celebrated on October 3 every year to commemorate the unification of east and west Germany following the historic fall of the Berlin Wall in 1989.

The day also marked the 70th anniversary of the republic’s Constitution, famously known as the Grundgesetz or the Basic Law.

Twitter abuzz over Mahathir’s remarks on Jammu and Kashmir

KUALA LUMPUR, Oct 2 (NNN-BERNAMA) — A remark by Malaysian Prime Minister Tun Dr Mahathir Mohamad at the United Nations General Assembly last week on Jammu and Kashmir sent Twitter into overdrive today.

Several netizens, who seemed to be Indian nationals, expressed their disappointment through #BoycottMalaysia over the remark that Kashmir had been “invaded and occupied”.

Malaysia’s Leading Index Shows Brighter Economic Outlook Ahead: Data

KUALA LUMPUR, Sept 25 (NNN-BERNAMA) – Malaysia’s leading index has signalled a brighter economic outlook in Nov, 2019, until Jan, 2020, according to official data released today (Wednesday).

Malaysian Statistics Department, said, the leading index that signals the direction of economic movements surged 1.4 percent to 119.3 points in July, from 117.6 points in the previous month, showing the economy will enter the expansion phase.

Malaysia: 5G trials going nationwide from October – Gobind

KUALA LUMPUR, Sept 24 (NNN-BERNAMA) — The 5G trials launched in Putrajaya and Cyberjaya last April are to be expanded nationwide, with the 5G demonstration projects around the country set to begin next month, Communications and Multimedia Minister Gobind Singh Deo said today.

“It is hoped that Malaysia’s early commitment to 5G, to rapidly deploy 5G test beds and nationwide demonstration projects, will position the country  as one  of the leaders of 5G adoption in the world,” he said.

Malaysia, Indonesia shut thousands of schools as haze worsens

KUALA LUMPUR/JAKARTA, Sept 20 (NNN-AGENCIES) — Thousands of schools have been ordered closed across Malaysia and Indonesia on Thursday, affecting at least 1.7 million students, officials said, as toxic haze from rampant forest fires sent air quality plummeting.

Nearly 2,500 schools were ordered to suspend classes in Malaysia — including nearly 300 in the smog-hit capital of Kuala Lumpur — over soaring health concerns sparked by toxic haze from out-of-control blazes in Indonesia’s Sumatra and Borneo islands.

Malaysian Govt agrees with body cameras for law enforcers to prevent misconduct

PUTRAJAYA, Sept 19 (NNN-BERNAMA) — The government has agreed to implement the use of body cameras on law enforcement officers such as police, immigration and customs to overcome issues of misconduct, Prime Minister Tun Dr Mahathir Mohamad said.

He said the proposal for the use of the body cameras was accepted as there have been various allegations of misconduct by officers on duty, such as beating the person being investigated.

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