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‘Stubborn Malaysia’ in the way of reform and growth, say economists |
Posted by: superadmin - 06-14-2021, 05:56 PM - Forum: Business. Economy and Investment
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PETALING JAYA: Malaysia’s persistent stubbornness has gotten in the way of important reforms that have long been mooted but never executed, economists say.
Speaking at a webinar hosted by the Jeffrey Cheah Institute on Southeast Asia, Noor Azlan Ghazali, head of the economics and management cluster of the National Council of Professors, said the pandemic has laid bare problems that have needed addressing for decades, but have lingered due to this inflexibility at various levels.
“Report after report, blueprint after blueprint … anyone proposing another study should forget about it, we all pretty much know what needs to be done for the country,” he said.
Noor Azlan noted that recommendations like boosting competitiveness, creating high-skill jobs and closing the income gap have been on the docket for years, but were never properly addressed.
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Palm oil futures facing biggest drop in 16 months |
Posted by: superadmin - 06-14-2021, 04:53 PM - Forum: Business. Economy and Investment
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PETALING JAYA: Malaysian palm oil futures are on track for their biggest drop in more than 16 months after they fell nearly 10% in morning trading today.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell RM363, or 9.9%, to RM3,300 a tonne by the midday break, extending losses into a sixth session and hitting its lowest since Feb 4.
Last week, palm oil posted its first weekly drop in three weeks, falling 11.3% on worries over tepid June exports and forecasts of higher stocks and output.
“Crude palm oil futures on the Bursa Malaysia Derivatives Exchange are trading sharply lower following bearish momentum in CBOT (Chicago Board of Trade) soy oil futures,” Anilkumar Bagani, research head of Mumbai-based vegetable oils broker Sunvin Group, told Reuters.
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GPS leaders highlight to King three measures to fight Covid-19 |
Posted by: superadmin - 06-14-2021, 03:49 PM - Forum: Politics
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KUCHING: Gabungan Parti Sarawak (GPS) highlighted three measures to the Yang di-Pertuan Agong today on the fight against Covid-19.
Taking part in a virtual audience with the King, the coalition’s representatives stressed the importance of achieving herd immunity, having a strong government, and an economic exit plan post-Covid-19.
In a joint statement after the audience, which was led by GPS chairman Abang Johari Openg, GPS said the vaccination programme in Sarawak will be accelerated and completed by August to achieve herd immunity.
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Hisham’s act of social distancing from the govt |
Posted by: superadmin - 06-14-2021, 03:45 PM - Forum: Politics
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PETALING JAYA: Foreign minister Hishammuddin Hussein’s criticism of the government yesterday could be an indication that he is distancing himself from the Perikatan Nasional-led administration, says an academic.
Universiti Malaya socio-political analyst Awang Azman Pawi said Hishammuddin’s criticism of the government was a “rare” event.
Hishammuddin had criticised the government bureaucracy yesterday, saying it was a “key barrier” to the implementation of the country’s vaccination efforts. He also spoke on the need for consistency in SOPs and the pursuit of mass testing, something health experts and political leaders have been calling for.
Awang Azman told FMT it appeared as if Hishammuddin was trying to distance himself from the PN-led government.
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Israel's new prime minister is sworn in, ending Netanyahu's 12-year grip on power |
Posted by: superadmin - 06-14-2021, 02:26 PM - Forum: Politics
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Jerusalem (CNN)Naftali Bennett was sworn in as Israel's new prime minister on Sunday, after winning a confidence vote with the narrowest of margins, just 60 votes to 59. His victory ends a 12-year grip on power by former prime minister Benjamin Netanyahu, the country's longest-serving leader.
After four elections in two years, Bennett's incoming government breaks a long political deadlock and ushers in the most diverse coalition Israel has ever seen, including the first Arab party to serve in the government. In his speech before the Knesset confidence vote, Bennett celebrated the diversity and warned of polarization within the country.
"Twice in history, we have lost our national home precisely because the leaders of the generation were not able to sit with one and another and compromise. Each was right, yet with all their being right, they burnt the house down on top of us," Bennett said. "I am proud of the ability to sit together with people with very different views from my own."
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Exclusive: US assessing reported leak at Chinese nuclear power facility |
Posted by: superadmin - 06-14-2021, 02:23 PM - Forum: Environment Protection News
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(CNN)The US government has spent the past week assessing a report of a leak at a Chinese nuclear power plant, after a French company that part owns and helps operate it warned of an "imminent radiological threat," according to US officials and documents reviewed by CNN.
The warning included an accusation that the Chinese safety authority was raising the acceptable limits for radiation detection outside the Taishan Nuclear Power Plant in Guangdong province in order to avoid having to shut it down, according to a letter from the French company to the US Department of Energy obtained by CNN.
Despite the alarming notification from Framatome, the French company, the Biden administration believes the facility is not yet at a "crisis level," one of the sources said.
While US officials have deemed the situation does not currently pose a severe safety threat to workers at the plant or Chinese public, it is unusual that a foreign company would unilaterally reach out to the American government for help when its Chinese state-owned partner is yet to acknowledge a problem exists. The scenario could put the US in a complicated situation should the leak continue or become more severe without being fixed.
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Malaysian-born journalist Ed Yong wins Pulitzer Prize for explanatory reporting |
Posted by: superadmin - 06-14-2021, 01:06 PM - Forum: International News
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KUALA LUMPUR, June 14 — Malaysian-born British science journalist Edmund Yong has won the 2021 Pulitzer Prize for explanatory reporting.
Born in 1981, Edmund, better known as Ed Yong, migrated to the UK in 1994 and became a citizen in 2005.
Yong has been writing for The Atlantic in the US since 2015 and won the award for his series of articles where he anticipated the course of the coronavirus pandemic, clarified its dangers, and illuminated the American government’s failure to curb it.
The Atlantic in acknowledging Yong’s accomplishments said Yong began warning readers about the fragility of America’s pandemic preparedness long before Covid-19 emerged.
His 2018 investigative article, “When the Next Plague Hits.” showed how Yong correctly predicted an interconnected set of dangers: breakdowns in international communication, chronic underfunding of public health, shortages of supplies and scientific expertise at the federal level, and former President Donald Trump’s inadequacies as a leader.
In a series of tweets, Yong who is also a juror, said “I could not have done this without the amazing people at the Atlantic, who collectively created an environment where award-winning work was possible. It really takes a village, and in recognition of that.
“I’ll be splitting the prize money between everyone who worked on my pieces last year—every editor, copy editor, fact checker, artist, and more. Even when individuals win Pulitzers, their work depends on a community. I want to honor mine,” he said.
This is not Yong’s first award. In 2016 he was awarded the Byron H. Waksman Award for Excellence in the Public Communication of Life Sciences.
Yong was selected for his excellence in science writing, which includes his popular blog, Not Exactly Rocket Science, his work with national publications such as The Atlantic, and his first book, I Contain Multitudes, which focuses on microbiology.
His blog Not Exactly Rocket Science was part of the National Geographic Phenomena network.
The Pulitzer Prize is an award for achievements in newspaper, magazine and online journalism, literature and musical composition within the United States.
Source: The Malay Mail
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15 Jitra mosque congregants die of Covid in 2 weeks |
Posted by: superadmin - 06-14-2021, 11:08 AM - Forum: Covid-19 Pandemic
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PETALING JAYA: Fifteen congregants of a mosque in Jitra, Kedah, have died of Covid-19 over two weeks, a state official has confirmed.
According to a Berita Hairan report, state executive councillor Dr Mohd Hayati Othman said the virus is believed to have spread among the congregants of the mosque in May.
Taman Mashuri, where the mosque is located, was under an enhanced movement control order from May 18 to May 31.
Hayati was commenting on a viral message about Covid-19 deaths among the mosque’s congregants. The message was accompanied by a video of a person believed to be among those who passed away.
Hayati added the deaths show how dangerous the Covid-19 virus is. “We hope many people will continue to register for their vaccinations so we can achieve herd immunity,” he said.
On May 16, it was reported that there was a surge in cases in nine localities in Bandar Darulaman, Lubuk Kawah, and Jitra.
Source: FMT
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Zahid must make ‘big sacrifice’ for Umno’s sake, says analyst |
Posted by: superadmin - 06-14-2021, 09:08 AM - Forum: Politics
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PETALING JAYA: Umno president Ahmad Zahid Hamidi should consider making a big “sacrifice” for the sake of the party and make way for other leaders, says a political analyst.
Mustafa Ishak, a former politics professor, said the reality is that Zahid and Umno will face an uphill task of overcoming the perception linked to Zahid’s trial on 47 charges of money laundering and criminal breach of trust involving millions from Yayasan Akalbudi.
Had it not been for the corruption case, Zahid would have naturally been Umno’s candidate to be prime minister, said Mustafa in response to a proposal by former minister Zaid Ibrahim that Umno veteran Tengku Razaleigh Hamzah should be appointed interim prime minister of a new government.
Mustafa said although Zahid was Umno president, others such as Tengku Razaleigh, deputy president Mohamad Hasan, vice-president Ismail Sabri and former vice-president Hishammuddin Hussein were more likely candidates for the top position.
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Malaysian employers urge Putrajaya to set up Covid vaccine research centre |
Posted by: superadmin - 06-14-2021, 09:03 AM - Forum: Covid-19 Pandemic
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KUALA LUMPUR, June 14 — Malaysian Employers Federation (MEF) has called on the government to set up a national vaccine research centre employing local experts and resources to ensure a long-term vaccine supply for the country.
MEF president Datuk Dr Syed Hussain Syed Husman JP lauded the government’s move in setting up various centres for vaccination, such as mega centres, mobile units and vaccination centres at private clinics and hospitals as well as in mobilising the armed forces medical corps under the National Covid-19 Immunisation Programme.
“But while we plan the infrastructure of vaccine logistics and centres, there should also be a comprehensive strategy for the supply of vaccines.
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