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Malaysia

Malaysia revises contract for Littoral Mission Ships

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A contract to build Littoral Mission Ships (LMSs) for the Royal Malaysian Navy (RMN) has been revised. As part of the revision, Malaysian shipbuilder Boustead Naval Shipyard (BNS) will no longer build two of the vessels in-country as originally negotiated for in 2017. As such, all four vessels ordered under the contract will now be built in China. The contract ... Read More »

The EU moves to reduce palm oil use. Malaysia hits back at ‘politics of protectionism’

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The European Commission on Wednesday concluded that palm oil should be phased out from transport fuel due to environmental concerns, sparking a backlash from Malaysia, a top producer of the vegetable oil. That conclusion came in the commission’s criteria for determining what crops cause environmental harm. That’s part of a new European Union law to boost the share of renewable ... Read More »

Transhipment bungle jeopardises rice imports by Sabah, says trade group

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KOTA KINABALU: A trade group has warned that Sabah is at the risk of losing RM2 billion in cross-border trade due to the mismanagement of a rice transhipment from Vietnam. The state has been warned of getting blacklisted for future rice imports after the Customs Department accused the parties of smuggling, says Sabah Cross Border Trade Association chairman Nordin Ening. ... Read More »

Customs D-G: Tax exemption on vehicle change of ownership in Langkawi, Labuan

SEPANG,03/10/2018,Director General of Customs Malaysia Datuk Sri Subromaniam Tholasy give a press conference on crippling syndicate processing fake booze at Customs KLIA.Also attend Deputy Director General of Customs Malaysia Datuk Sri Zulkifli Yahya.,MALAY MAIL/AZINUDDIN GHAZALI

PUTRAJAYA,: Vehicles registered in the Duty Free Islands (DFIs) of Langkawi and Labuan are exempted from tax on change of ownership, said Customs Director-General Datuk Seri T. Subromaniam. In a statement today, he said the vehicles had to meet the requirements under Item 14 of the Customs Duty (Exemption) Order 2017 for vehicles in Langkawi and Labuan which designates that ... Read More »

Transport ministry to make child seats more affordable before mandatory use in 2020

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At today’s ‘Child Safety Technical Workshop’ by the Malaysian Institute of Road Safety Research (MIROS) and Autoliv Hirotako Safety, transport minister Anthony Loke reiterated his ministry is aiming to make child seats more affordable before their use becomes mandatory in 2020. According to Loke, talks are currently ongoing with the finance ministry and Royal Malaysian Customs Department to apply for ... Read More »

Go Local with 7-Eleven Malaysia and Mickey Mouse

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EMBARK on a journey of nostalgia and local Malaysian culture with the launch of the Mickey Go Local Mini Tins collection exclusively at 7-Eleven Malaysia. The Mickey Go Local Mini Tins collection comes in 26 creative designs, showcasing local heritage, customs, language and delicacies. From colloquial slangs such as “chun” and “fuyoh”, to traditional childhood games that would take one ... Read More »

Glencore complains to LME about access to metal in Malaysia

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LONDON: Glencore has lodged a complaint with the London Metal Exchange (LME) about the company’s inability to take speedy delivery of aluminum from warehouses owned by ISTIM UK in Port Klang, Malaysia, two sources familiar with the matter said. London-listed commodity trader and miner Glencore bought 200,000 tonnes of aluminum on the LME late in January and made preparations to ... Read More »

Singaporean man and Malaysian customs officer get into shouting match after mishearing each other

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Ah, much ado about nothing. A misunderstanding that emerged from poor auditory conditions resulted in a full-blown shouting match between a Malaysian customs officer and a Singaporean man passing through the checkpoint. Believed to have taken place last Friday night at the Sultan Iskandar customs, immigration and quarantine complex in Johor Bahru (that’s the one near Woodlands), footage of the ... Read More »

JB port limits issue likely to be resolved more quickly than water issue, says M’sian foreign minister

(FILES) This file photo taken on May 24, 2018 shows Malaysia's former prime minister Najib Razak speaks to the media after being questioned at the Malaysian Anti-Corruption Commission (MACC) office in Putrajaya. Malaysia had been a loyal partner in China's globe-spanning infrastructure drive but a new government is now pledging to review Beijing-backed projects, threatening key links in the much-vaunted initiative. - TO GO WITH AFP STORY:  Malaysia-China-investments-politics-diplomacy, FOCUS by Sam REEVES/ AFP / Mohd RASFAN / TO GO WITH AFP STORY:  Malaysia-China-investments-politics-diplomacy, FOCUS by Sam REEVES

Malaysia’s Foreign Minister Saifuddin Abdullah said that on Feb 21 that there were eight issues that needed resolving between Singapore and Malaysia. Of these, the dispute concerning the limits at the Johor Baru port would like to be resolved the fastest. Some of the other issues were of course the water issue, the 1974 airspace agreement, as well as Singapore’s ... Read More »

Four arrested under Customs Department’s new internal probe team

SEPANG,03/10/2018,Director General of Customs Malaysia Datuk Sri Subromaniam Tholasy give a press conference on crippling syndicate processing fake booze at Customs KLIA.Also attend Deputy Director General of Customs Malaysia Datuk Sri Zulkifli Yahya.,MALAY MAIL/AZINUDDIN GHAZALI

KUALA LUMPUR: A new unit under the Customs Department formed just last month to weed out internal corruption has made its first arrests. Its director-general Datuk Seri T. Subromaniam confirmed the arrests of four officers and one forwarding agent, The Star reported today. An unnamed source told the newspaper that three officers and a forwarding agent were detained when a ... Read More »

Malaysian companies may create palm oil packaging production in Uzbekistan

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Uzbek Ambassador to Malaysia Ravshan Usmanov met with Deputy Director of the Malaysian Palm Oil Council Faisal Iqbal to discuss issues of the state and prospects for the development of trade and economic cooperation on February 18, 2019, Trend reports via Uzbek media. The main objective of MPOC (Malaysian Palm Oil Council) is to attract and implement innovative technological solutions ... Read More »

Man held for attempt to smuggle 23 pangolins into Sabah

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KOTA KINABALU: A 40-year-old man was detained yesterday for possessing 23 live pangolins while attempting to enter Sabah from Sarawak. Sabah Wildlife Department spokesperson Siti Nur’ain Ampuan Acheh said the arrest was made at about 11.50am on Friday at a roadblock at Kemabong-Tenom, about a five hours’ drive from here. “Based on information from the public, an enforcement unit of ... Read More »

Customs, police seize millions of Eramin 5 pills worth RM60m in Port Klang raid

NILAI, 8 Feb -- Ketua Pengarah Jabatan Kastam Diraja Malaysia (JKDM) Datuk Seri T. Subromaniam (tengah) ketika sidang media hari ini.
JKDM cawangan Narkotik Ibu Pejabat dengan kerjasama Jabatan Siasatan Jenayah Narkotik (JSJN) Bukit Aman merampas 3 juta pil Eramin 5 bernilai anggaran RM60 juta yang disorokkan di dalam ekzos motosikal.
Turut hadir Timbalan Ketua Pengarah Kastam (Penguatkuasaan dan Pematuhan) Datuk Azimah Abd Hamid dan Timbalan Pengarah JSJN Bukit Aman Datuk Kamarul Zaman Mamat (kanan).
--fotoBERNAMA (2019) HAK CIPTA TERPELIHARA

NILAI — The Royal Malaysian Customs Department (JKDM) Narcotics Branch in collaboration with the Bukit Aman Narcotics Criminal Investigation Department (JSJN) seized three million Eramin 5 pills valued at RM60 million in an operation at North Port in Port Klang, last month. Customs director-general Datuk Seri T. Subromaniam said in the January 31 raid, the drugs were found in motorcycle ... Read More »

Malaysian palm oil price edges higher on easing stocks outlook

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KUALA LUMPUR: Malaysian palm oil futures rose on Monday, charting a third session of gains in five, on the back of expectations of easing inventory levels. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.3 percent at 2,306 ringgit ($563.68) a tonne at noon, after earlier hitting a high of 2,313 ringgit. ... Read More »

Customs starts making GST refund payments

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PUTRAJAYA: The Customs Department has started refund payment for Goods and Services Tax (GST), beginning January. Its director-general Datuk Seri Subromaniam Tholasy said today most of the claims submitted to the department had gone through the vetting process and refund payments would be done in stages until the end of the year. To ensure revenue security, Subromaniam said, the department ... Read More »

China imports no U.S. LNG in Dec.; Malaysia cargoes reach record

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SHANGHAI : China didn’t import LNG from the U.S. in December after resuming shipments the previous month amid a trade dispute, according to data from the General Administration of Customs. *** Annual imports 23.5m tons in 2018, according to Bloomberg calculations based on customs data ** Qatar 1.12m tons, highest since January *** Annual imports 9.24m tons: Bloomberg calculations ** ... Read More »

Putrajaya to use big data and AI in fight against financial crime

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KUALA LUMPUR, Jan 25 ― Malaysia will be ramping up its crackdown on financial crime by harnessing the power of big data, while ensuring seized assets do not lie idle. Datuk Seri Mustafar Ali, CEO of the newly-formed National Anti-Financial Crime Centre’s (NAFCC), said the centre will usher in a “new dimension of collaboration and co-operation” among the country’s law ... Read More »

Car sales in Malaysia to shift to lower gear

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PETALING JAYA: The Malaysian automotive sector is expected to shift into lower gear in 2019 as total vehicle sales are projected to be flattish, marking a sharp reversal from last year’s stronger-than-expected sales performance. Anticipating a meagre 0.21% growth in total industry volume (TIV) for 2019, the Malaysian Automotive Association (MAA) said the Pakatan Harapan government is partly to be ... Read More »

Malaysia scandal costs Goldman dear

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Goldman Sachs set aside more than $500 million to cover legal costs last year as it was drawn deeper into the 1MDB scandal. The disclosure came in the bank’s fourth quarter results today, which easily beat Wall Street’s forecasts despite the worst performance from its bond-trading desk since the financial crisis. Goldman Sachs is the world’s best-known investment bank and ... Read More »

National Financial Crime Centre to be fully operational by June

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PUTRAJAYA (Jan 11): The National Financial Crime Centre (NFCC) is expected to be fully operational by June this year, said National Governance, Integrity and Anti-Corruption Centre (GIACC) director-general Tan Sri Abu Kassim Mohamed today. He said the GIACC was now in the midst of drafting and scrutinising every detail of the centre before tabling a Bill for the establishment of ... Read More »