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Govt to review localisation terms for foreign investors in Malaysia

Govt to review localisation terms for foreign investors in Malaysia

KUALA LUMPUR : The government will review the possibility of strengthening localisation requirements imposed on foreign investors to create a more resilient ecosystem in Malaysia, enabling local companies to benefit from spillover effects. Deputy Minister of Investment, Trade and Industry, Liew Chin Tong, said the move aims to ensure that micro, small and medium enterprises (MSMEs) benefit not only from new domestic and foreign investments, but also from efforts to grow Malaysian companies into multinational corporations (MNCs). “There needs to be a shift in mindset, as MSMEs and smaller firms have traditionally been seen only as support players to large foreign MNCs. “The new approach emphasises the capabilities and potential of Malaysian companies to become technology-based MNCs that can play significant roles on the global stage,” he said during a question-and-answer session in the Dewan Rakyat today. He was responding to a question from Datuk Seri Dr Wee Jeck Seng (BN–Tanjung Piai), who asked about the status and effectiveness of negotiations between the Malaysian Government and the United States (US) regarding the implementation of reciprocal tariffs. Wee also sought assurance from the government that the ongoing period of uncertainty would not adversely affect trade, supply chains, and the SME sector in Malaysia. Liew said the government is confident that the early measures already implemented, along with carefully planned mitigation strategies, will help minimise the negative impact of any reciprocal tariffs imposed by the US on Malaysia. “The Ministry of Investment, Trade and Industry (MITI), through its agency, the Malaysia External Trade Development Corporation (MATRADE, is also undertaking mitigation efforts by diversifying Malaysia’s export markets. “This includes exploring new destinations in non-traditional markets and strengthening export networks for Malaysian products, particularly to fast-growing emerging markets in Central Asia, South Asia, the Middle East, Africa, and ASEAN,” he said. To position Malaysia as a key hub within global supply chains, he said the government is committed to enhancing national resilience by nurturing local technology companies in strategic sectors such as semiconductors. He also noted that the government is committed to transforming local firms from merely being outsourcing manufacturers under the “Made in Malaysia” label to becoming creators of products “Made by Malaysia”, signifying Malaysian-developed technology. “MITI, together with the Ministry of Finance, will introduce the New Industrial Investment Framework (NIIF) in the third quarter of this year to attract high-value investments and activities, ensuring that all investments bring tangible benefits such as quality employment for Malaysians and contribute to the development of ecosystems and technology within Malaysian companies,” he added. - Bernama

Tiga individu didakwa bunuh lelaki di Jasin

Tiga individu didakwa bunuh lelaki di Jasin

JASIN : Tiga individu masing-masing seorang pekerja pasar raya, mekanik dan pemandu lori didakwa di Mahkamah Majistret di sini hari ini atas pertuduhan membunuh seorang lelaki di tempat letak kereta sebuah pasar raya di Jasin bulan lepas. Tertuduh, M. Yogeswaran, 25; Mohd Azmi Mohd Nor, 34, dan K. Krishnamorthy, 66, mengangguk faham selepas pertuduhan dibacakan dalam bahasa Melayu dan Tamil oleh jurubahasa mahkamah. Bagaimanapun, tiada pengakuan direkodkan kerana kes bunuh adalah di bawah bidang kuasa Mahkamah Tinggi. Yogeswaran, Mohd Azmi dan Krishnamorthy didakwa mencapai niat bersama melakukan pembunuhan dengan menyebabkan kematian K. Gunalan, 52, di tempat letak kereta di hadapan sebuah tadika di Bandar Jasin Bestari di sini antara pukul 7.37 malam dan 8.59 malam pada 27 Julai lepas. Kesemua tertuduh didakwa di bawah Seksyen 302 Kanun Keseksaan kerana membunuh dan dibaca bersama di bawah Seksyen 34 kanun sama yang memperuntukkan hukuman mati. Timbalan Pendakwa Raya Nur Syazwanie Marizan tidak menawarkan sebarang jaminan manakala ketiga-tiga tertuduh diwakili peguam Amritpal Singh, Datuk K. Shashi Kumar dan A. Mathan. Majistret Mazana Sinin tidak membenarkan kesemua tertuduh diikat jamin dan menetapkan 8 Sept depan bagi sebutan semula kes. Pada 27 Julai lepas, seorang penganggur lelaki disahkan maut selepas dipercayai dipukul sekumpulan individu susulan tindakannya disyaki melakukan kelucahan melampau. Ketua Polis Melaka Datuk Dzulkhairi Mukhtar dilaporkan berkata mangsa berusia 51 tahun maut di tempat kejadian akibat kecederaan parah pada bahagian badan. - Bernama

Water safety passport for workers to be enforced by early 2026

Water safety passport for workers to be enforced by early 2026

PUTRAJAYA: The Water Safety Passport, which emphasises compliance with safety procedures and risk awareness among workers, is expected to be enforced by early 2026, according to the National Water Services Commission (SPAN). In today’s statement, SPAN announced that the programme is set to be implemented in stages, starting next month, with the development of training modules and a pilot run scheduled for the end of the year. “Each participant, comprising workers in the water services industry, will be awarded a Water Safety Passport after completing the training, as proof of basic safety qualification recognised by SPAN and the National Institute of Occupational Safety and Health (NIOSH),” read the statement. Introduced by SPAN, the development of the Water Safety Passport module is the result of a collaboration between SPAN and NIOSH, supported by water supply and sewerage operators, aimed at strengthening risk control and safety within the national water services industry. According to SPAN, the initiative serves as a benchmark for joint efforts to enhance safety awareness and knowledge among workers in Malaysia’s water services industry. “With the implementation of this programme, SPAN is confident that occupational safety standards in the water industry will be further reinforced, contributing to safer, more efficient and resilient water service delivery,” read the statement. The exchange ceremony for the Memorandum of Understanding documents for the collaboration took place during the ASEAN Safety and Health Workers 2025 Summit, organised by NIOSH at the Kuala Lumpur Convention Centre on Aug 4. - Bernama

Malaysia explores nuclear energy potential under 13MP with MOSTI-PETRA collaboration

Malaysia explores nuclear energy potential under 13MP with MOSTI-PETRA collaboration

CYBERJAYA : The Ministry of Science, Technology and Innovation (MOSTI) has reaffirmed its commitment to strengthening collaboration with the Ministry of Energy Transition and Water Transformation (PETRA) to explore the potential of nuclear energy in Malaysia. Its minister, Chang Lih Kang, said nuclear energy has long been identified as a strategic area, with MOSTI playing a key role in advancing related technologies, developing talent, and formulating the regulatory framework. “Exploration in the nuclear field is not new. Discussions between MOSTI and PETRA have been ongoing, but this time, with clear government backing under the 13th Malaysia Plan (13MP), we are now moving forward in a more comprehensive and structured manner. “This reflects a whole-of-nation approach, where all relevant stakeholders are being engaged. We have formed six task forces, three led by MOSTI and three by PETRA,” he told Bernama and RTM after opening the International Conference on Science Diplomacy for Regional Prosperity in ASEAN here today. Prime Minister Datuk Seri Anwar Ibrahim, when tabling the 13MP last Thursday, said the government was considering nuclear energy as one of the clean, competitive and safe energy sources Prime Minister Datuk Seri Anwar Ibrahim, in tabling the 13th Malaysia Plan last Thursday, stated that the government is considering nuclear energy as one of the clean, competitive, and safe energy sources for the future. A structured assessment is currently underway to evaluate its role in Malaysia’s long-term energy mix. The initiative aims to diversify energy sources, enhance energy security, support national carbon reduction targets, and reduce reliance on fossil fuels, aligning with the country’s climate commitments and rising energy demand. In addition to nuclear energy, Chang said MOSTI is also involved in developing other strategic sectors such as rare earth elements (REE), with a similar focus on technology development, talent cultivation, and regulatory frameworks. He added that MOSTI is preparing to implement a range of Science, Technology, and Innovation (STI) initiatives outlined in RMK13, as part of efforts to elevate Malaysia into a high-tech economy. “As the implementing ministry, we are fully committed to driving the country’s progress through the successful execution of these STI initiatives,” he said. - Bernama

JPA nafi perubahan sistem pencen kerajaan mulai 2025

JPA nafi perubahan sistem pencen kerajaan mulai 2025

KUALA LUMPUR: Jabatan Perkhidmatan Awam (JPA) sekali lagi menafikan kononnya berlaku perubahan sistem pencen kerajaan mulai 1 Jan 2025 seperti ditularkan pihak tertentu di media sosial. Dalam kenyataan di akaun Facebook rasminya hari ini, JPA juga menegaskan tiada pembatalan pencen untuk pegawai awam sedia ada. “Sebarang maklumat berkaitan pencen perlu dirujuk kepada sumber rasmi kerajaan,“ menurut JPA. JPA turut mengingatkan orang ramai bahawa menyebarkan berita palsu adalah satu kesalahan di bawah Seksyen 233 Akta Komunikasi dan Multimedia 1998 serta menasihati agar tidak berkongsi maklumat yang tidak sahih. Sementara itu, Bahagian Pencen JPA turut menafikan dakwaan berkenaan dan memaklumkan maklumat tular itu bukanlah daripada bahagian itu mahupun Kumpulan Wang Persaraan (Diperbadankan) (KWAP). “Jika kalian terima, abaikan. Rujuk sumber yang sahih dan ayuh kita doakan agar insan yang mengadakan ‘cerita tidak benar ini’ diberikan petunjuk,“ kata Bahagian Pencen JPA. - Bernama