
On Australian PM's visit to China, the two nations ‘hold back' on disputes
The deals include the potential widening of access to the Chinese market for Australian farm produce and coal, cooperation in the digitalisation of the financial sector, investment in greenfield projects and potential tariff cuts for Australian agricultural exports, according to a source with knowledge of their content.
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Focus Malaysia
8 minutes ago
- Focus Malaysia
UMNO man is furious Jho Low is still at large
UMNO Supreme Council member Datuk Dr Mohd Puad Zarkashi criticised Malaysian authorities for their delay in tracking and extraditing Jho Low, following reports that he is living luxuriously in Shanghai using a fake Australian passport with a Greek name. Puad said it is the responsibility of the police and of the Malaysian Anti-Corruption Comission (MACC) to bring Jho Low back to face justice. He also criticised former IGP Abdul Hamid Bador for failing to fulfil his promise to bring Jho Low back by end-2019 and mocked his remarks about Jho Low's changed appearance. 'If it is true that he is in Shanghai, then it is the heavy responsibility of the Royal Malaysia Police (PDRM) and the MACC to bring Jho Low back to face justice,' he said in a statement on Saturday. Abdul Hamid Bador Puad said, 'He even promised that Jho Low would be brought back before the end of December 2019. However, it was all just empty talk ('sembang kari') that ultimately embarrassed the country.' Additionally, Puad suggested that Najib's trial is unfair without key witnesses like Jho Low present. 'If that is the case, the charges should be dropped,' he added. Meanwhile, Rawang assemblyman Chua Wei Kiat has urged Putrajaya to offer a RM10 million reward for credible information leading to the capture of fugitive financier Jho Low. He argued that Jho Low's return is crucial for justice in the 1MDB case, similar to former prime minister Najib Razak being tried. Chua said the reward is a small amount compared to the RM29 billion already recovered from 1MDB assets and would show Malaysia's commitment to fighting corruption. After nearly four years, Jho Low, the mastermind of the 1MDB scandal, has reportedly been located in Shanghai's exclusive Green Hills area, living under a fake Australian passport and driving luxury cars, according to journalists Bradley Hope and Tom Wright. —July 20, 2025 Main image: Malay Mail


New Straits Times
an hour ago
- New Straits Times
Don't worry 'we have RM40 million in the bank', says OCM supremo
KUALA LUMPUR: Olympic Council of Malaysia (OCM) president Tan Sri Norza Zakaria has assured that the umbrella body has solid financial footing ahead of their move to Bukit Jalil. OCM has inked a land swap deal with Malaysian Resources Corporation Berhad (MRCB) to build their new headquarters - dubbed the Olympic House - on a 5.38 acre plot of land that will be leased (30 years) from the government. In return, MRCB will take ownership of OCM's current headquarters — Wisma OCM (0.73 hectare) at Jalan Hang Jebat - in return for building a new RM93 million state of the art facility for OCM. Certain quarters recently questioned OCM's decision as the latter will not get any cash out of the deal, adding that it could potentially strain OCM financially in the future once the 30-year lease in Bukit Jalil expires. Norza said the move is part of their plans to modernise OCM and assured that they have a "healthy balance sheet". "We have received criticism with some saying it is not a good business decision," said Norza yesterday (July 19). "We are, however, not sacrificing anything. We will get a better building in a better location close to our stakeholders. We will not be stuck in traffic between a school and Petaling Street anymore. "As I have said before, we could just take RM20 to RM30 million and build a small office in Balakong or Bukit Beruntung and keep the rest of the money, but do we really want that? "Our balance sheet is healthy, we have RM40 million in the bank. We are also under the International Olympic Committee (IOC). Every year we get (RM) three to five million in funding coming in through sponsorships and so on, so we are okay (financially). "Our objectives and our core business are different (from other organisations). We are in the process of modernising OCM and we want to establish a well respected organisation. We have to lead by example. "This issue has been addressed with our affiliates and they are fully supporting the move to Bukit Jalil." Norza added that a hotel will also be incorporated into the Olympic House project to generate recurring income for OCM. The new headquarters will also feature offices for over 32 national sports associations, an auditorium, a media conference room as well as various other modern facilities. OCM yesterday announced that a committee has been formed to oversee the Olympic House project to ensure that OCM receives a facility worthy of the RM93 million valuation. The committee is led by OCM secretary-general Datuk Nasir Ali with Squash Racquets Association of Malaysia (SRAM) president Gerard Monteiro as deputy chairperson. Datuk Amarjit Singh Gill (cycling), Datuk Awalan Abdul Aziz (lawn bowls) and Akhramsyah Sanusi (chess) will serve as committee members. The Olympic House is expected to be completed by the end of 2027 at the earliest.


Malaysia Sun
3 hours ago
- Malaysia Sun
Chinese automakers drive green mobility in Thailand, says Thai expert
A Thai auto industry expert has highlighted China's world-class expertise in EV technology, particularly in battery systems and industrial-scale manufacturing, which is complemented by Thailand's geographic advantages, skilled labor, and robust government support. BANGKOK, July 20 (Xinhua) -- The growing presence of Chinese automakers in Thailand has marked a crucial milestone in collaborative efforts toward green mobility and deepening of ties with China, a Thai auto industry expert has said. Suroj Sangsnit, president of the Electric Vehicle Association of Thailand (EVAT), described the partnership as a testament to the systematic development of electric vehicle ecosystem and a strategic step toward advancing shared environmental goals. In a recent interview with Xinhua, Suroj highlighted China's world-class expertise in EV technology, particularly in battery systems and industrial-scale manufacturing, which is complemented by Thailand's geographic advantages, skilled labor, and robust government support. This synergy, he said, enables both countries to collaborate across the entire EV value chain, from vehicle production and infrastructure development to battery recycling. The arrival of Chinese manufacturers, offering "advanced technology, accessible prices, and swift product deployment," has made EVs more attainable for the average Thai consumer, fostering wider adoption, he said. That has also spurred investment in infrastructure such as charging stations, battery repair services, EV maintenance education, and parts manufacturing, he noted. In the first half of 2025, new registrations of pure electric passenger vehicles in Thailand increased nearly 35 percent over the same period last year, reaching 55,708 units, of which Chinese brands accounted for almost 90 percent, official data showed. Over the past few years, several Chinese automakers have established production facilities in Thailand, significantly bolstering the Southeast Asian country's ambition to become a regional electric mobility hub. Suroj underscored the EVAT's role in fostering regional integration within the Association of Southeast Asian Nations by creating a network with its counterparts. He noted that the goal is to develop common standards and enable cross-border infrastructure, such as charging roaming. Suroj emphasized that EV cooperation will be a cornerstone of future cooperation. He envisioned collaborative efforts in technologies, including solid-state batteries, intelligent EV platforms, and battery recycling solutions, with the establishment of joint research and development centers in Thailand.