1. 31 in Langkawi quit UMNO en masse
  2. Bill to abolish death penalty to be tabled at next Dewan Rakyat sitting
  3. Malaysia draws RM139.3 bln investments in first 9 months
  4. MAHB eyes RM1b in future investments for infra development
  5. MAHB aims to attract 10 new airlines to Malaysia in 2019.
  6. TNB to announce broadband plan in January

31 in Langkawi quit UMNO en masse
30 people from eight branches in Langkawi quit the party today. Datuk Mohd Rawi Abd Hamid, the former state assemblyman for Ayer Hangat, made the announcement during a press conference at Alor Setar this morning. “With a heavy heart, I announce that I am quitting Umno, which I joined in 1990, holding various party posts from division to state level. “Eight Umno branches in Ayer Hangat Umno will be closed after the leadership and committee members leave,” he said. Mohd Rawi said he was ready to join another political party to continue to serve the rakyat. However, he did not want to reveal which party he would be applying to join. He said Umno was not united and there was a lot of in-fighting. “The majority of Umno members are still in a lurch, waiting for direction from the party. Many are not convinced that Umno will rise again when they look at the present political scenario. “I estimate that about 500 more Umno members in Langkawi will announce they are leaving the party after this,” he said.

Bill to abolish death penalty to be tabled at next Dewan Rakyat sitting
The bill to abolish the mandatory death penalty is expected to be tabled at the next Dewan Rakyat sitting. Minister in the Prime Minister’s Department Datuk Liew Vui Keong said the Attorney-General’s Chambers was currently in the final stage of preparing the legislative papers for the purpose. “All the preparations are complete, with only a few details to be sorted out. So, it won’t take too long.”

Malaysia draws RM139.3 bln investments in first 9 months
Malaysia attracted a total of RM139.3 billion worth of investments in the manufacturing, services and primary sectors in the first nine months of 2018, up 18 per cent from RM118.1 billion approved in the same period last year. The Malaysian Investment Development Authority (MIDA) said the total investments approved in January-September 2018 were from 3,243 projects, which are expected to generate 93,379 job opportunities for the country. “Approved foreign direct investments (FDI) increased by 109.7 per cent to RM64.1 billion in January-September 2018 from RM30.5 billion in the same period last year, mainly driven by the manufacturing sector which recorded a strong increase of 249.4 per cent in the period.

MAHB eyes RM1b in future investments for infra development
Malaysia Airport Holdings Bhd (MAHB) is expecting RM1bil worth of future investments from third party investors in the next three to five years from its investment in infrastructure development between 2018 and 2020. General Manager of Land Development Randhill Singh said the airport operator is investing RM150mil during the three-year period for the development of infrastructure in its air cargo and aerospace segment, which would also generate about 3,200 jobs. “We have started this year. These third party investors are expected to build the facilities, as well as put in the suitable system and technology. “The jobs to be created are mostly high-value technical jobs,” he told reporters after MAHB’s business update and outlook briefing in Sepang. He said about RM40 million from the total investment has been allocated for the development of the Subang Aerotech Park, with a total gross development value of RM400 million.

Meanwhile, MAHB aims to attract 10 new airlines both premium and low-cost carriers (LCCs) to Malaysia, especially to its five main airports, in 2019. MAHB General Manager for Airline Marketing Mohd Sallauddin Mat said the airports are the KL International Airport (KLIA), KLIA2, Penang International Airport, Kota Kinabalu International Airport and Kuching International Airport. “We are going to be very focused next year and will continue to pursue many more airlines,” he told reporters after welcoming Citilink Indonesia’s inaugural flight into KLIA today.

TNB to announce broadband plan in January
Tenaga Nasional Bhd (TNB) will announce the details of its plan to enter the broadband services market in January. President and chief executive officer Datuk Seri Ir Azman Mohd said TNB was in the process of communicating its plan to the relevant ministries. TNB is planning to enter broadband market by utilising its existing fibre optic network across the nation and it is currently running a pilot project in Melaka. “I will say that the project, technically, has been very successful. However, there will be no more pilot projects,” he said.