Posted by alipay88 > 2020-03-04 20:40 | Report Abuse

Najib expects more conducive atmosphere for 1MDB trial

KUALA LUMPUR, March 4 — On trial for corruption that includes the multi-billion dollar 1MDB fraud, former Malaysian prime minister Datuk Seri Najib Razak said today that the fall of the government that ousted him meant he now expected an atmosphere more conducive to a fair hearing.

Najib was voted out in 2018 amid anger over corruption in the South-east Asian country, but the alliance that toppled him fell apart at the weekend amid turmoil following the resignation of 94-year-old Prime Minister Tun Dr Mahathir Mohamad.

Najib, 66, denies the charges against him and says they were politically motivated.

Mahathir has accused Najib’s United Malays National Organisation (Umno) of engineering a return to power so that its officials escape conviction in the 1MDB scandal.

When he took power for a second time two years ago, Mahathir accused Najib of playing a central role in the 1MDB scandal.

“I would expect that the atmosphere would be more conducive towards a fair trial,” Najib told Reuters in an interview at his mansion in an affluent neighbourhood of Kuala Lumpur before heading to his latest court appearance.

“I’m not alluding to anything, because there’s no conclusion to the trial... But hopefully, you know, I will get a fair trial,” he said.

New Prime Minister Tan Sri Muhyiddin Yassin’s office did not respond to a request for comment.

Najib is facing five trials over the 1MDB scandal that stretched from Malaysia to the Middle East to Hollywood.

Billions missing

The US Department of Justice estimates US$4.5 billion (RM18.8 billion) was misappropriated from the 1MDB sovereign fund between 2009 and 2014. US and Malaysian authorities say over US$1 billion stolen from 1MDB flowed into Najib’s personal accounts.

Najib says he was misled by Malaysian financier Jho Low and other 1MDB officials, and that he will clear his name in court.

“I don’t want any undue manipulation or pressure put on the judge or judges for political reasons. And on the strength of the evidence, I’m more than happy to go through the court process,” he said, speaking in his spacious living room decked with gilt and crystal ornaments and giant arrangements of brightly coloured artificial flowers as well as family photos.

Malaysia has also accused Goldman Sachs of misleading investors over bond sales totalling US$6.5 billion that the bank helped raise for 1MDB. Three units of the bank have pleaded not guilty.

Najib criticised the investment bank, saying Goldman had been part of a system meant to safeguard Malaysian interests.

Goldman Sachs did not immediately respond to a request for comment.

Najib, an Umno member of parliament, said he had not been directly involved in the deal between his party and some of Dr Mahathir’s allies that led to Dr Mahathir’s fall, but he had been consulted about terms of the agreement.

Strained relations

Dr Mahathir was replaced by his former ally Muhyiddin, who was himself sacked by Najib in 2015 after criticising his handling of 1MDB.

Najib said he had not spoken to Muhyiddin since he took office but he hoped to rebuild their relationship.

“I hope it’s water under the bridge,” he said, citing the example of the alliance between Dr Mahathir and his old rival Anwar Ibrahim, which won the 2018 election.

“Quite apart from jailing Anwar Ibrahim, his disparaging remarks about Anwar’s character over the years didn’t stop them from getting together,” Najib said of Dr Mahathir.

Najib, looking relaxed in a light beige suit and open white shirt, said he was not seeking a government post for now. He said the trial had strained his family, including his wife Datin Seri Rosmah Mansor, also on trial for corruption.

Away from court, Najib said he was meeting people around Malaysia and developing a more down-to-earth profile than was possible when he held the office that his father also once held.

He was also busy on social media, where he has the biggest following of any Malaysian politician.

“You know, last week my Facebook attracted 20 million engagements. Normally I get about 9.5 million a week,” Najib said. “And in terms of likes, I’m about 6,000 away from reaching 4 million. So, I mean, those are the figures, but I don’t shout about them.” — Reuters

Posted by QuartzWilly > 2020-03-04 20:48 | Report Abuse

Buy & Hold. There's still some room on the Arbb Train.

Posted by wishingwell > 2020-03-04 20:49 | Report Abuse

Wow today good results

Posted by andychin8888 > 2020-03-04 20:52 | Report Abuse

Great result!!! thumbs up,goreng goreng goreng earn some kfc

Posted by alipay88 > 2020-03-04 20:55 | Report Abuse

yup, today climbing again. Hopefully got news about dividend

Posted by THEREALDEAL > 2020-03-05 07:17 | Report Abuse

GOOD MORNING TO ALL ARBB FIGHTERS

Posted by Elaine Tan > 2020-03-05 08:59 | Report Abuse

morning guys

Posted by ViWizard > 2020-03-05 10:58 | Report Abuse

arbb sedia untuk rock and roll?

Posted by RJ87 > 2020-03-05 15:01 |

Post removed.Why?

Posted by RJ87 > 2020-03-05 15:01 |

Post removed.Why?

Posted by RJ87 > 2020-03-05 15:02 |

Post removed.Why?

Posted by shakira > 2020-03-05 20:57 | Report Abuse

ready to rock and roll, happy investors of arb!

Posted by andychin8888 > 2020-03-05 21:01 | Report Abuse

so late already ,still rock and roll . good night

Posted by andychin8888 > 2020-03-05 21:05 | Report Abuse

Arb Qr coming up steadily...more $$$$ coming our way. Shakira,so late already ,still rock and roll? good night

Posted by QuartzWilly > 2020-03-05 21:08 | Report Abuse

Walaoeh, huat lah today !
Dow Jones spike up more than 1,000 pts again !
DJI closed at
27,090.86 (+1,173.45) (+4.53 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by THEREALDEAL > 2020-03-06 09:34 | Report Abuse

good morning to all arbb fighters!

Posted by Elaine Tan > 2020-03-06 09:59 | Report Abuse

hi, good morning

Posted by wishingwell > 2020-03-06 10:01 | Report Abuse

Arbb sudah bersedia untuk rock and roll- ing.

Posted by Elaine Tan > 2020-03-06 10:04 | Report Abuse

wow wishingwell so energize this morning,

Posted by traderstrades > 2020-03-06 10:12 | Report Abuse

Arb is holding on very well, business still there, Let those politician sort out those mess that they created. As a citizen we just do our part and go on with our lives, cheers

Posted by gooddaymate > 2020-03-06 10:26 | Report Abuse

Politician uncertain market uncertain,funds manager and foreign funds money would not flow in big cap and mid cap stock .because everybody scare buy high losses money .Expect funds manager money would flow out in bigcap and midcap stocks and will short selling bigcap and midcap stocks for make money so now no prospects cannot buy and hold .
Market money will flows in cheaper stock This is a opportunity in small cap cheaper stocks. sharks will goreng lows price stock at bottom.Just my 2cents

Posted by andychin8888 > 2020-03-06 10:43 | Report Abuse

Latheefa resigns to return to practice as human rights activist

KUALA LUMPUR (March 6): Malaysia Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya has submitted her resignation to Prime Minister Tan Sri Muhyiddin Mohd Yassin to return to her practice as a human rights advocate.

In a statement today, Latheefa said the decision was on her own accord and dismissed speculation that she was pressured to do so.

Latheefa said she had submitted her resignation letter to Muhyiddin on March 2, and subsequently met him on March 5 when she briefed him on ongoing actions and efforts for the recovery of stolen 1Malaysia Development Bhd monies from abroad.

“He was fully supportive of these actions.

“Throughout this week I have met with and briefed my deputy Datuk Seri Azam Baki as well as MACC department heads, in order to ensure an orderly handover of duties.

“I am leaving my position with the fullest confidence that the MACC will continue to be uncompromising and tireless in the fight against corruption, irrespective of the position or political allegiance of the perpetrators,” she said.

Lets see how new gov do........

Posted by ViWizard > 2020-03-06 11:32 | Report Abuse

YEAH ROCK AND ROLL BABE

Posted by prince4 > 2020-03-06 16:28 | Report Abuse

Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by RJ87 > 2020-03-06 16:34 |

Post removed.Why?

Posted by RJ87 > 2020-03-06 16:34 |

Post removed.Why?

Posted by QuartzWilly > 2020-03-06 18:25 | Report Abuse

US delays returning more 1MDB funds to Msia over political uncertainty

KUALA LUMPUR: The US Department of Justice (DOJ) has delayed the return to Malaysia of another US$240 million (RM1 billion) of recovered money allegedly stolen from the 1Malaysia Development Berhad (1MDB) sovereign fund, two sources with direct knowledge of the matter said on Friday, with one citing political uncertainty.

Malaysia was plunged into turmoil when 94-year-old Prime Minister Tun Dr Mahathir Mohamad quit on Feb 24.

He was replaced on Sunday by Tan Sri Muhyiddin Yassin, whose coalition includes the former ruling party that was voted out in 2018 amid accusations of corruption over 1MDB.

The US Department of Justice says over US$4.5 billion was looted from the fund under Umno Prime Minister Datuk Seri Najib Razak, who is now on trial for corruption.

Since 2016, the department has filed civil lawsuits seeking to seize about US$1.7 billion in assets allegedly bought with stolen 1MDB funds.

Last May, the United States began returning some of the recovered funds. The first instalment was nearly US$200 million.

The DOJ had initially been scheduled to return the next payment of recovered funds to Malaysia on Feb 19, but there were technical reasons the transfer did not happen, the two sources said.

The total amount was around RM1 billion, one source said.

But once Dr Mahathir resigned, it was decided to hold the payment due to uncertainty over what would happen next, one source said. The sources did not want to be identified as they were not authorised to speak to media.

A DOJ spokesman declined to comment.

Malaysia’s finance ministry redirected questions to the Attorney General’s Chambers, which did not immediately respond to a request for comment.

The sources said they were not aware of DOJ’s next steps.

The funds returned go into a special fund at Malaysia’s finance ministry and are meant to be used to pay 1MDB’s bondholders.

American and Malaysian investigators have said Najib received about US$1 billion of the stolen funds from 1MDB. He has pleaded not guilty and says he was misled by Malaysian financier Jho Low and other 1MDB officials.

It was only after Najib’s unexpected defeat in the 2018 elections that the 1MDB investigation was reopened in Malaysia and trials began.

Goldman Sachs and some of its executives are among the many charged for their role as underwriter and arranger of three bond sales that raised US$6.5 billion for 1MDB. Three units of Goldman have pleaded not guilty to charges.

Najib told Reuters this week that he expected an atmosphere more conducive to a fair hearing now that Dr Mahathir has gone.

Muhyiddin has not talked about the 1MDB cases but has vowed to fight graft.

Two senior officials in the Dr Mahathir administration fighting graft - the Attorney General and the chief of the Malaysian Anti-Corruption Commission (MACC) - quit in the last week after Dr Mahathir’s resignation. - REUTERS

Posted by THEREALDEAL > 2020-03-09 09:18 | Report Abuse

Good morning to all arbb fighters

Posted by THEREALDEAL > 2020-03-09 09:45 | Report Abuse

Cover Story: IR4.0 in Malaysia: The challenges

Malaysia’s strategic location made it one of the most important logistics destinations in the region in the past. Today, with the advent of IR4.0, it continues to leverage the same advantage to establish itself as a preferred logistics and e-commerce hub destination.

Besides its location, there are other factors in its favour, such as the availability of properties and incentives, a modern infrastructure, lower cost of doing business, huge market size in the region and digital readiness.

With large international retail brands setting up their national and regional distribution centres in Malaysia, its potential in IR4.0, especially in the logistics and e-commerce sectors, can be seen.

Nestlé’s national distribution centre at Axis Mega DC in Teluk Panglima Garang occupies the entire Phase 1, which has a built-up of 515,000 sq ft. Further to the west are the Ikea Regional DC in Pulau Indah Industrial Park, Klang, the Lazada Regional DC in Sepang and the Continental Tyres Regional DC in Kuala Selangor.

Advantages

Landserve Sdn Bhd managing director Chen King Hoaw tells City & Country that Malaysia’s 30 highways, five international airports and seven international seaports are linked to all major cities and growth centres in the country. Malaysia is also served by a telecommunications network of digital, fibre-optic and satellite technology, which is crucial to the industrial, logistics and e-commerce sectors.

“According to the Malaysian Communications and Multimedia Commission’s 2018 statistics, there were 39.4 million broadband subscriptions in the country, and 3G and 4G/LTE network had expanded to reach 94.7% and 79.7% population coverage respectively, signifying that the nation is ready to take digital growth to a whole new level,” he says.

“Besides, Malaysia has one of the lowest rents for Grade A offices in Asia and is also rated as the least expensive Asean country to live in. Above all, it has political stability, established legal and ­financial systems with comparatively low tax rates.”

Datuk Jeffrey Ng, chairman of the Malaysian REIT Managers Association (MRMA) notes that the country’s developers and construction companies are experienced in developing industrial properties, and that capital is also available from investment funds and real estate investment trusts (REITs).

The country’s designated industrial zones also attract foreign industrial players to invest in duty-free import and export businesses as they can enjoy certain tax benefits. The industrial zones include Port of Tanjung Pelepas, Bayan Lepas Free Industrial Zone, Port Klang Free Zone and KLIA Aeropolis Digital Free Trade Zone in Sepang.

Ng adds that Malaysia allows up to 100% foreign ownership of businesses, and offers incentives for foreign direct investment.

“However, these advantages may not be unique to Malaysia, and it faces strong competition from regional players such as China, India and Vietnam. Thus, while Malaysia’s industry may be robust in certain areas such as petrochemicals, electrical and electronic manufacturing and agricultural-based products, the country has not achieved developed industrial status, owing to insufficient focus on innovation, automation, digitisation and technology,” he explains.

Challenges

Malaysia is facing challenges both internally and externally. Chen notes that Malaysian companies need to adapt to the rapid technological changes that affect the way businesses operate in order for Malaysia’s digital economy to prosper. Companies must embrace the changes to stay competitive.

“The Ministry of Communications and Multimedia, more particularly its Malaysia Digital Economy Corporation (MDEC) that was established in 1996, has been doing a great job by organising seminars in the country and abroad, and coming up with incentives and funding to promote the adoption of IR4.0,” he says.

Ng says talent, regulation, economies of scale and the lack of technology innovation are some of the challenges. He explains that there is a shortage of people skilled in science, technology, engineering and mathematics (STEM) and insufficient focus on digital literacy and innovation, which result in a workforce that is less adaptable to fast-evolving technology.

Furthermore, he adds, red tape and, to some extent, perceived endemic corruption and abuse of power continue to weigh on multinational corporations and small and medium enterprises alike, dampening investments, innovation and industrial competitiveness. Certain industries, pending liberalisation and deregulation, continue to be tightly controlled by state-owned monopolies and government-linked companies, he says.

Posted by THEREALDEAL > 2020-03-09 09:45 | Report Abuse

“While the government has taken the effort to promote technical and vocational education and training, response remains slow, owing to a traditional mindset. Graduate unemployment and under-employment because of unsatisfactory wages, and racial and political issues have also resulted in a brain drain to other countries, reducing Malaysia’s competitiveness in high-tech, high-value industrial production,” Ng says.

“The lack of innovation may also be attributable to the higher interest costs compared with those in developed nations, which reduce business risk appetite, shortage of STEM talent, investment infrastructure and business ecosystem, limited local economies of scale and continued reliance on unskilled and semi-skilled foreign workers despite tightened work visa policies.”

Solutions

Chen says the challenges are the political uncertainty; the rising cost of doing business compared with other rapidly growing economies in the region such as Vietnam, Cambodia and Myanmar; Malaysian seaports’ inefficiency compared with some other ports in the region; and labour and talent shortage.

“To overcome the challenges, the government needs to focus on building the economy and continue to project Malaysia as a progressive yet friendly nation. It should ride the growth momentum resulting from the various initiatives introduced by MDEC to assist companies in their digital transformation journey,” he says

He suggests that Malaysia look into developing human resource programmes through collaboration with the local universities and government agencies to provide a semi-skilled and skilled workforce that is able to meet the requirements of the industry.

“Malaysia must put all the pieces together: overcoming the political and economic uncertainties, containing the rising cost, improving the efficiency at our seaports and airports, and building a vast pool of reliable workforce and talent that meets the requirements of industry players.”

Ng concurs, emphasising the importance of the development of human capital with an increased focus on STEM and digital literacy to boost the domestic talent pool and make it ready for IR4.0, alongside strict regulation and enforcement, innovation and technology as well as promoting further integration with Asean to benefit from the economies of scale and to access regional markets.

He notes that the government can seize the opportunity for Malaysia to become a major spot for the industrial sector by providing incentives for developers and REITs in developing land banks for the purpose of industrial developments as well as providing tax incentives for the relevant sectors.

“Malaysia occupies a unique position as a developing economy, where basic and digital infrastructure are already in place and human capital is more developed than that of its Southeast Asian peers,” he says.

“There is now high potential for the regeneration of old industrial sites. They can be redeveloped into modern, gated and guarded industrial parks, similar to the evolution of residential and commercial areas. These parks can be configured in standard formats or built-to-suit units to attract large local and multinational manufacturers to set up operations. In the long term, this will have the trickle-down effect of attracting the sub-contractors of these large manufacturers, who will prefer to be closely located to the supply chain.”

Posted by andychin8888 > 2020-03-09 09:50 | Report Abuse

arb go go go

Posted by Elaine Tan > 2020-03-09 09:53 | Report Abuse

Good posting therealdeal, its still accumulating stage for Arbb.

Posted by mf > 2020-03-09 09:54 |

Post removed.Why?

Posted by Elaine Tan > 2020-03-09 09:57 | Report Abuse

Its a very nice timing now

Just buy and wait

IR4.0 is way to go...

Posted by mf > 2020-03-09 09:58 | Report Abuse

FBM KLCI 1,446.85 -36.25 2.44%

Posted by THEREALDEAL > 2020-03-09 10:01 | Report Abuse

Correct Elaine Tan, its time to accumulating now, i just buy in somemore.

Posted by traderstrades > 2020-03-09 10:07 | Report Abuse

The worst economic are already inside our Bursa tummy and the economy

will grow into a super bull end of 2020 !

Got it !

Posted by traderstrades > 2020-03-09 11:57 | Report Abuse

Gold bursts above $1,700 with market mayhem stoking haven demand

March 9): Gold rallied above $1,700 an ounce as a concerted global rush into havens intensified, with the upswing driven by turmoil in the oil market, the spread of the coronavirus, sinking equities, and expectations of easier monetary policy as recession risks loom ever larger.

The precious metal hit the highest level since 2012 as Brent crude collapsed at the start of trading in Asia, while futures on the S&P 500 Index sank more than 4%. Investors have already driven holdings in bullion-backed exchange-traded funds to a record as the coronavirus slammed the outlook for growth.

The traditional haven has sprinted higher this year, following an 18% surge in 2019, as the global health crisis expanded and central banks cut interest rates to try and stem the damage. Gold has immunity to the virus, according to Goldman Sachs Group Inc., which dubbed the metal as the currency of last resort and predicted that prices could top $1,800 an ounce.

“There’s a clear rush to safe-haven assets at the moment and gold’s a major beneficiary,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. Markets are concerned that “we could see a more ugly situation before things get better, which of course is good news for gold,” he said.

Spot gold surged as much as 1.8% to $1,703.39 an ounce, the highest since December 2012, and traded at $1,694.54 at 8:33 a.m. in Singapore. The gains came as 10-year U.S. Treasury yields plunged below 0.5% to a record low amid the stampede for safer assets.

The U.S. and Europe now face the “distinct possibility” of technical recessions in the first half as the outbreak hurts demand and supply, and drives investors to safe havens, according to Pacific Investment Management Co.’s Joachim Fels. Over the weekend, Italy locked down a swathe of the nation.

Even after the Federal Reserve implemented an emergency rate cut last week, there are forecasts for more easing, which would benefit non-interest bearing gold. In addition, investors will track this week’s scheduled policy meeting of the European Central Bank.

The surge in bullion prices is boosting miners’ shares. Newcrest Mining Ltd., Australia’s largest gold producer, rose more than 4% in Sydney, while Northern Star Resources Ltd. climbed 2.1%. The gains came as broader equity benchmarks saw significant declines.

Among other main precious metals, silver was flat, while platinum fell 1.1% and palladium dropped 2.5%.

Posted by traderstrades > 2020-03-09 11:57 | Report Abuse

wow big news

Posted by QuartzWilly > 2020-03-09 16:37 | Report Abuse

yeah many big news recently,

Posted by QuartzWilly > 2020-03-09 16:38 | Report Abuse

see this
Digital era: 'New infrastructure' to drive Chinese economy

BEIJING : China is accelerating the construction of 'new infrastructure, ' which is expected to bring new drivers for the economy, especially in sectors like new consumption, new manufacturing and new services.

The country will accelerate the construction of new infrastructure such as 5G networks and data centres, said a meeting of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee on March 4.

In the industrial era, infrastructure is represented by railways, highways and airports, but in the digital era, digital facilities such as optical cables and mobile communications have become increasingly important.

Liu Duo, president of the China Academy of Information and Communications Technology (CAICT), said 5G is crucial for digital transformation in many sectors to boost innovation and underpin the growth of the economy and society.

The accelerated construction of new infrastructure, such as 5G, data centres and industrial internet, is important to achieve stable investment, steady growth and high-quality economic growth, she said.

By 2025, China's 5G network construction investment will reach 1.2 trillion yuan (about US$172.66 billion), which will bring about 3.5 trillion yuan of investment in the upstream and downstream of the industrial chain, the CAICT forecast in an industry report on 5G.

In the next five years, the economic output indirectly driven by 5G businesses in China will hit 24.8 trillion yuan, according to the report.

New infrastructure construction will cover not only internet infrastructure, but also computing infrastructure, according to market insiders.

"Cloud is defining everything, and everything is defining cloud," said Liu Song, vice president of Alibaba.

The computing landscape has changed greatly compared with five years ago, he said, adding that hardware is important, but it is also important to strengthen the coordination between machines and improve computing capacity.

Cloud computing has maintained rapid growth, creating conditions for many intelligent applications.

Among the distinct trends that have emerged in the digital era, the online office is gaining strong momentum, as more people have stayed at home to engage in remote work and online education amid the Covid-19 outbreak.

Zhang Qingyuan, chief operating officer of Chinese software company Kingsoft Office, said its WPS Office software had more than 239 million monthly active users as of March 2.

He believed 2020 will be the first year of the online office, an important development for many online office software developers.

New business modes are expected to boom amid the accelerated construction of new infrastructure.

Unmanned delivery is one of them. The catering chain brand Xiaoheng Dumplings, for example, has cooperated with an unmanned vehicle enterprise to pilot unmanned vehicle delivery services in Beijing.

Li Heng, founder of Xiaoheng Dumplings, believes unmanned delivery is the future of the industry as it is safer and more efficient.

The total amount of information consumption brought by 5G commerce will exceed 8.3 trillion yuan by 2025, according to the CAICT report.

The spillover effect of new infrastructure construction is significant, as it will boost new consumption and new manufacturing to become a fresh driver of development, said Wang Zhiqin, vice-president of the CAICT.

Posted by wishingwell > 2020-03-09 16:39 | Report Abuse

stay strong ya happy investors!

Posted by Revenue Queen > 2020-03-09 16:42 | Report Abuse

yes, arbb add oil, add oil

Posted by THEREALDEAL > 2020-03-10 09:04 | Report Abuse

Good morning to all arbb fighters

Posted by Elaine Tan > 2020-03-10 09:54 | Report Abuse

Good morning

Posted by QuartzWilly > 2020-03-10 09:59 | Report Abuse

happy yo Muhyiddin unveils cabinet of senior ministers, no DPM

Prime Minister Muhyiddin Yassin unveiled the names of his ministers and their respective deputies in Putrajaya this evening.

The Bersatu president described the line-up as a “functional cabinet”, which would deliver its services in a focussed and effective manner.

“For this, I have appointed four senior ministers who will help me coordinate the affairs of the cabinet related to economy, security, infrastructure development, education and social (issues).

“The appointment of these senior ministers will enable the issues which arise between the ministries and the abovementioned fields to be streamlined in a more effective manner.

“In summary, I want to form a cabinet which can provide the best service to the rakyat – a cabinet that delivers,” he stressed.
With the appointment of the senior ministers, Muhyiddin said there is no need for a deputy prime minister at this point of time.

“These senior ministers will assist me in my duties as prime minister, including charing the cabinet meetings when I am not in the country,” he added.

The four senior ministers are:

International Trade and Industries Minister – Azmin Ali
Deputy Minister: Lim Ban Hong (to be appointed senator)

Defence Minister – Ismail Sabri Yaakob
Deputy Minister: Ikhmal Hisham Abdul Aziz

Works Minister - Fadillah Yusof
Deputy Minister: Shahruddin Md Salleh

Education Minister - Mohd Radzi Md Jidin
Deputy Minister I: Dr Mah Hang Soon (to be appointed senator)
Deputy Minister II: Muslimin Yahaya

Posted by wishingwell > 2020-03-10 10:14 | Report Abuse

hi quartzwilly. this is Muhyiddin's full cabinet lineup

Prime Minister: Muhyiddin Yassin (Bersatu)
Minister in the Prime Minister's Department (Law):
Takiyuddin Hassan (PAS)
Deputy: Eddin Syazlee Shith (Bersatu)
Minister in the Prime Minister's Department (Religion):
Zulkifli Mohamad Al-Bakri
Deputy: Ahmad Marzuk Shaary (PAS)
Minister in the Prime Minister's Department (Special Functions):
Mohd Redzuan Md Yusof (Bersatu)
Deputy: Mastura Yazid (Umno)
Agriculture and Food Industry:
Ronald Kiandee (Bersatu)
Deputies: Ahmad Hamzah and Che Abdullah Mat Nawi (Umno)
Agro entreprenuer and commodities:
Mohd Khairuddin Aman Razali (PAS)
Deputies: Wee Jeck Seng (MCA) and Willie Mongin (Bersatu)
Communications and Multimedia:
Saifuddin Abdullah (Bersatu)
Deputy: Zahidi Zainul Abidin (Umno)
Defence: Ismail Sabri Yaakob (Umno)
Deputy: Ikhmal Hisham Abdul Aziz (Bersatu)
Minister in the Prime Minister's Department (Sabah and Sarawak Affairs): Maximus Johnity Ongkili (PBS)
Deputy: Hanifah Hajar Taib (GPS)
Domestic Trade and Consumer Affairs:
Alexander Nanta Linggi (GPS)
Deputy: Rosol Wahid (Bersatu)
Economic Affairs: Mustapa Mohamed (Bersatu)
Deputy: Arthur Joseph Kurup (PBRS)
Education: Mohd Radzi Md Jidin (Bersatu)
Deputies: Dr Mah Hang Soon and Muslimin Yahaya (MCA)
Energy and Natural Resources: Shamsul Anuar Nasarah (Umno)
Deputy: Ali Biju (Bersatu)
Entrepreneur and Co-operative Development: Wan Junaidi Tuanku Jaafar (GPS)
Deputy: Mas Ermieyati Samsudin (Bersatu)
Environment: Tuan Ibrahim Tuan Man (PAS)
Deputy: Ahmad Masrizal Muhammad (Umno)
Federal Territories: Annuar Musa (Umno)
Deputy: Santhara Kumar (Bersatu)
Finance: Tengku Zafrul Tengku Abdul Aziz
Deputy: Abd Rahim Bakeri and Mohd Shahar Abdullah (Umno)
Foreign Affairs: Hishammuddin Hussein (Umno)
Deputy: Kamaruddin Jaffar (Bersatu)
Health: Dr Adham Baba (Umno)
Deputy: Dr Noor Azmi Ghazali (Bersatu), Aaron Ago Dagang (GPS)
Higher Education: Noraini Ahmad (Umno)
Deputy: Mansor Othman (Bersatu)
Home: Hamzah Zainuddin (Bersatu)
Deputies: Ismail Mohamed Said (Umno) and Jonathan Yassin (Bersatu)
Housing and Local Development: Zuraida Kamaruddin (Bersatu)
Deputy: Ismail Abd Mutalib (Umno)
Human Resources: M Saravanan (MIC)
Deputy: Awang Hashim (PAS)
International Trade and Industry: Azmin Ali (Bersatu)
Deputy: Lim Ban Hong (MCA)
National Unity: Halimah Mohamed Sadique (Umno)
Deputy: Tiong King Sing (GPS)
Rural Development: Abd Latiff Ahmad (Bersatu)
Deputies: Abdul Rahman Mohamad (Umno) and Henry Sum Agong (GPS)
Science, Technology and Innovation: Khairy Jamaluddin (Umno)
Deputy: Ahmad Amzad Hashim (PAS)
Tourism, Arts and Culture: Nancy Shukri (GPS)
Deputy: Jeffrey Kitingan (STAR)
Transport: Wee Ka Siong (MCA)
Deputy: Hasbi Habibollah (GPS)
Women, Community and Family Development:
Rina Mohd Harun (Bersatu)
Deputy: Siti Zailah Mohd Yusoff (PAS)
Works: Fadillah Yusof (GPS)
Deputy: Shahruddin Md Salleh (Bersatu)
Youth and Sports: Reezal Merican Naina Merican (Umno)
Deputy: Wan Ahmad Fayhsal Wan Ahmad Kamal (Bersatu)

Posted by Elaine Tan > 2020-03-10 10:20 | Report Abuse

Better than none, malaysia economy is up-rise coming soon

Posted by THEREALDEAL > 2020-03-10 10:25 | Report Abuse

This is the outcome of more on politicking than helping solve nation problem, result to this. What can the rakyat expect?

Posted by traderstrades > 2020-03-10 10:28 | Report Abuse

Chill out guys, its really as Elaine Tan said, better than none. Let it crash more, so that everyone can buy more on a very special discounted price. Stay tune.