Frankly Speaking: Drastic changes to MM2H will drive away prospective participants
However, the significant hike in the financial requirements for both applicants and existing participants came as a shock. Another blow for applicants is the halving of the duration of the MM2H programme’s long-term social visit pass to five years, from 10 previously. What most found unfair was the fact that the new ruling also applies to existing participants whose passes have ended or will end. While it is understandable that the government wants to attract participants of real quality to retire in Malaysia, drastic changes such as these will drive them away. Already, some existing participants are considering moving back to their home country.
Source:The Edge Markets
August 16, 2021 14:37 UTC
Man beaten up for trying to break into woman's house
KULAI: A 46-year-old man was beaten up by members of the public for allegedly trying to break into a house of a woman in Jalan Tan Yok Fong, here. “A team was dispatched to the location and upon arrival, they had found the man with injuries after he was beaten by the public. “Investigations revealed that the incident occurred when the woman was sleeping and noticed that the man had tried to break into her house. The man then tried to run away after the victim’s friend arrived,” he said in a statement here. Supt Tok added that a background check revealed that the man had six prior drug and crime-related offences on his record.
Source:The Star
August 16, 2021 13:18 UTC
Motorists urged to renew driving licences, road tax before Sept 30
PUTRAJAYA (Aug 16): The renewal period of road tax and driving licences will not be extended after Sept 30, said the Road Transport Department director-general Datuk Zailani Hashim. He said that drivers and vehicle owners are reminded to renew their Motor Vehicle Licence (LKM or road tax) or Malaysian Driving Licence (LMM), including Goods Driving Licence (GDL) and Public Service Vehicle (PSV) licence, before Sept 30. He said the extension given should be adequate for any motorist to renew their road tax and driving licence, and it could also be done online. According to records, renewal of road tax and driving licences from Aug1 to 15 at RTD counters were 639,965, Pos Malaysia (373,805), MyEG (322,231) and 8,400 at the Computerised Vehicle Inspection Centre (Puspakom). Previously, Pos Malaysia also announced that appointments could be made online using Outlet Finder at www.pos.com.my or Pos Malaysia’s mobile apps.
Source:The Edge Markets
August 16, 2021 12:22 UTC
Muhyiddin says he is caretaker PM running a 'one-man show'
PUTRAJAYA: Tan Sri Muhyiddin Yassin says he will continue to perform his executive duties as caretaker prime minister, albeit with limited powers, until a successor is appointed. Muhyiddin said when the King asked him to act as caretaker prime minister, he immediately sought Attorney General Tan Sri Idrus Harun's advice on the scope of his job. When asked if his former Cabinet would be retained as a caretaker cabinet, Muhyiddin said as far as he was concerned, he would be the one running the show. "Based on my understanding, I am the caretaker prime minister. Asked if there was a possibility that he could be reappointed as prime minister, Muhyiddin replied: "Let's wait and see.
Source:The Star
August 16, 2021 12:11 UTC
Former ministers go online to bid farewell
KUALA LUMPUR (Aug 16): Several former Cabinet ministers have taken to social media to bid farewell and extend their apology and gratitude to Malaysians, following their resignations which marked the end of the Perikatan Nasional (PN) government today. Former Senior Foreign Minister Datuk Seri Hishammuddin Tun Hussein said it has been an honour and privilege to serve the country and the people. Datuk Seri Reezal Merican Naina Merican also expressed his gratitude and thanks for the opportunity to serve as Youth and Sports Minister. Former Health Minister Datuk Seri Dr Adham Baba thanked the top leadership of the Health Ministry (MoH), all staff of MoH in Putrajaya and all frontliners for their cooperation. Datuk Dr Zulkifli Mohamad al-Bakri described his 503 days of holding the post of Minister in the Prime Minister’s Department (Religious Affairs) as very meaningful.
Source:The Edge Markets
August 16, 2021 11:48 UTC
SUPP: GPS and Perikatan Nasional have served the interest of Sarawak during the past 18 months
SIBU: The Gabungan Parti Sarawak (GPS) government wants a stable government with focus on fighting Covid-19 and less politicking, says Senator Robert Lau. The SUPP Bawang Assan chairman said GPS has chosen to support Tan Sri Muhyiddin Yassin for the last 18 months and stayed loyal because of the need to have a stable government. "At the same time, he (Muhyiddin) listens and cares for the interest of Sarawak. "I am of the view that GPS and Perikatan Nasional have served the interest of Sarawak during the past 18 months. "The delegation of power to Sarawak to look after these two sectors will make the state administration smoother and more efficient.
Source:The Star
August 16, 2021 11:48 UTC
Hisham bids farewell to Wisma Putra staff, urges them to continue serving the people
“I will continue to serve in whatever capacity I can. “For me, the most important thing is what I can contribute for the good of the people and our country,” he said. “Taking on this responsibility as the senior minister and foreign minister at a time when the world is facing the Covid-19 pandemic was not an easy task. “My fellow Malaysians, it has been an honour and a privilege to serve our beloved country and the people. “May Allah continue to bless us all to uphold our beloved nation,” he said.
Source:The Star
August 16, 2021 11:15 UTC
Muhyiddin steps down as the eighth prime minister as he refuses to give in to kleptocracy
“I could have taken the easy way out at the expense of my principles to remain as the prime minister. He recounted that he was sacked as the deputy prime minister because of his uncompromising stance against the 1Malaysia Development Bhd (1MDB) fiasco. Muhyiddin added that being the prime minister was tough, especially at the time when the nation was in an unprecedented health crisis that led to an economic crisis. Muhyiddin acknowledged that it is clear that he has lost majority support and therefore no longer needs to prove his legitimacy as the prime minister. If the vaccination programme goes well, all of you will get vaccinated by the end of October.
Source:The Edge Markets
August 16, 2021 07:28 UTC
SIBS 2021 rescheduled to Nov 18 to 21 due to current Covid-19 situation
KUALA LUMPUR (Aug 16): Invest Selangor Bhd has rescheduled the Selangor International Business Summit 2021 (SIBS 2021) to Nov 18 to 21, due to the current Covid-19 situation in Malaysia. The investment promotion agency had previously announced that SIBS 2021 was slated to take place from Oct 7 to 10, but has now pushed back the event in hopes that the pandemic situation will have improved by November. “It is hoped that with the vaccination push under ‘Operation Surge Capacity’ and the state government’s Selvax initiative, the pandemic situation will have improved by November and will give trade visitors and participants more confidence to visit exhibitions and conduct business through SIBS 2021. Invest Selangor noted that SIBS 2021 will take place in a hybrid mode, with it being physically held at Kuala Lumpur Convention Centre and virtually on the Selangor Business Hub portal. Invest Selangor said the decision to hold SIBS 2021 as a hybrid event is to enable businesses to still network with stakeholders worldwide despite travel restrictions due to the Covid-19 pandemic.
Source:The Edge Markets
August 16, 2021 07:18 UTC
Survivors of acid attacks in Mexico unite to push for change
"But we’re not alone anymore.”Earlier this year, the Carmen Sánchez Foundation formed here to provide support and lobby for legal reforms for survivors of acid attacks. There are children and men among the victims of acid attacks, but 80% are women, according to The Acid Survivors Trust International (ASTI). ASTI documents about 1,500 acid attacks per year, but says the real number could be higher. Only two of Mexico’s 32 states have classified acid attacks on women as attempted femicide. Violence against women in Mexico extends far beyond acid attacks making it more difficult to gain attention.
Source:The Star
August 16, 2021 03:45 UTC
Khaby Lame has reached 100 million subscribers on TikTok - before Bella Poarch!
With his unique expressions and characteristic humor that have become his signature, content creator Khaby Lame has quickly conquered the hearts of Internet users. Khaby Lame has also paid tribute to Will Smith, Eddie Murphy and even Omar Sy, whose films have inspired his humour. To date, the creator has 101.8 million subscribers on his TikTok account and accumulates over 1.5 billion "Likes." In comparison, Bella Poarch is followed by 78.4 million fans for 1.78 billion "Likes" while Charli D'Amelio continues her amazing rise with over 122.2 million fans and 9.7 billion "Likes." The latter was the first creator on TikTok to reach 100 million subscribers in November 2020.
Source:The Star
August 16, 2021 03:00 UTC
Political woes send KLCI further into the red
KUALA LUMPUR: The ongoing political volatility with Prime Minister Tan Sri Muhyiddin Yassin expected to tender his resignation on Monday pushed the local stock market deeper into the red. Reuters reported the ringgit fell about 0.1% to 4.2410 against the US dollar, the lowest since July 2020. Rakuten Trade said this political volatility may create more uncertainties in the market over the immediate term as it reckons sellers to emerge. Khind rose 11 sen to RM3.08, Perstima 10 sen to Rm3.93, LPI eight sen to RM14 and Westports five sen to RM4.15. AVI was the most active, surging7.5 sen to 26.5 sen while DNeX lost 3.5 sen to 75 sen.
Source:The Star
August 16, 2021 01:43 UTC
A Malaysian foodie's effort has sent food aid to over 1,600 families in need
For those who need help, no white flags necessary. “I was really shocked and never expected there to be so many people who need food. Tan's initiative helps those who have little or no access to food banks or other types of aid. Some fixers have more donors than people in need while other fixers have more people in need than donors. For details, WhatsApp Tan at 013-342 0849.
Source:The Star
August 16, 2021 00:56 UTC
MISC earnings to remain under pressure from spot charter rates
KUALA LUMPUR: After a year-on-year (y-o-y) drop in core earnings over the first half of the year, MISC Bhd could continue to see negative pressure on its earnings as the short-term outlook for petroleum tanker spot rates remains challenging.According to Kenanga Research, the petroleum tanker spot rates could be the biggest external risk to MISC's quarter-to-quarter earnings fluctuations as 28% of its petroleum shipping fleet is exposed to the spot market.However, the research house remains bullish on the group's stable and attractive dividend yields of about 5%, coupled with its ESG-compliant angle, inclusion in the F4GBM index as well as its four-star ESG rating by FTSE Russell. "Maintain OUTPERFORM, with unchanged TP of RM8.10, pegged to 1.1x PBV. Post-results, we make no changes to our FY21-22E numbers," said Kenanga.In 1HFY21, MISC's core net profit of RM1.03bil was deemed within expectations at 48% and 55% of Kenanga's and consensus full-year estimates.The earnings were 27% lower y-o-y due to a plunge in spot charter rates dragging on petroleum shipping, weaker LNG shipping from higher vessel opex and widened losses in heavy engineering, partially offser by a better offshore segment from construction gains in Mero-3 FPSO.MISC's interim dividend of seven sen per share brought year-to-date dividends to 14 sen per share, which was also within expectations.
Source:The Star
August 16, 2021 00:56 UTC
Indonesia animal-lovers help pets left behind by coronavirus
She is among many pets left behind when their owners tested positive for COVID-19 and were hospitalised or placed in isolation. With more than 3.7 million confirmed cases and over 100,000 deaths, Indonesia is battling one of the worst coronavirus epidemics in Asia. The "AD-19 programme" launched last month by rights group Animal Defender helps pets left in limbo while their owners deal with coronavirus infections. The pets picked up by Animal Defender usually get a checkup before going to an existing animal shelter. But my advice is, do not hug and kiss the dogs," Magda said.
Source:The Star
August 16, 2021 00:56 UTC