Asean News Headlines at 10pm on Saturday (June 7, 2025)
* PM Anwar seeks stronger Asean-GCC push to end Gaza atrocities
* Another Malaysian haj pilgrim dies in Holy Land
* Selangor Sultan calls for firm action to deal with haj scams
* AG must disclose more details on NFA over Teoh Beng Hock's death, says lawyer
* Penang govt to study decision on 5% discount for first-time homebuyers among Indian Muslims, says Sim
* GRS intensifies preparations for 17th Sabah state polls
* Fahmi Reza barred from leaving country, 'thanks' cops for unforgettable birthday gift
* Penang new discount to boost housing sector gets called out
* Keluang Man takes flight: Malaysia's own superhero finally hits the silver screen
* Elderly pilgrims show unwavering spirit in stoning ritual despite physical challenges
* Pakistan's Asean dialogue partner bid to be discussed with regional leaders, says Anwar
* Embrace spirit of sacrifice this Aidiladha, says Chief Secretary
* Pink, gaseous influent likely caused Penang sewer line blast, says IWK
* Ringgit likely to trade within RM4.22-RM4.23 against greenback next week
* Klang boat tragedy: Victims may not have been wearing life jackets, say cops
* Remains of Port Klang boat tragedy victim leave hospital / Search continues for missing couple after boat capsizes
Taiwan's Chou Tien Chen celebrates after wining his men's singles semifinal match against Thailand's Kunlavut Vitidsarn at Indonesia Open badminton tournament at the Istora Stadium in Jakarta, Indonesia, Saturday, June 7, 2025. -- AP Photo/Achmad Ibrahim
Singapore:
* Singapore's Nicholas Sim is crowned the first-ever Mr Nusantara, an inspiring winner at the age of 48 who overcame many adversities
* Eight months' jail for taxi driver who crashed into elderly security officer, killing her
* Singapore and the US still in early stages of tariff negotiations, says Vivian Balakrishnan
* Singapore embassy in Washington seeking US clarification on Harvard's visa ban
* Singapore's Nee Soon mosque reopens on Hari Raya Aidiladha after S$15mil facelift
* Singapore's Home Team Career Centre evacuates 20 people after fire
* Three new licence classes for driving automatic heavy vehicles to be introduced in Singapore
* Liquidity boost for Singapore -- equity market looks set to turn the corner in the second half of the year
Indonesia:
* Badminton: Pearly Tan-M. Thinaah storm into Indonesian Open final
* Tang Jie-Ee Wei exit Indonesian Open in semi-finals
* Search for victims of West Java quarry collapse in Indonesia terminated amid rising safety risks
* Demand for Idul Adha sacrificial livestock drops amid economic slowdown in Indonesia
* Indonesia faces brain drain as skilled graduates leave for jobs abroad
* Thai Air Force boosts readiness with F-16, T-50 joint drills with Indonesia
* Indonesia -- History revisited – or rewritten?
South Korea's Baek Ha-na and Lee So-hee play a point against China's Liu Shengshu and Tan Ning during their women's doubles semi-final match at the Indonesia Open badminton tournament at Istora Senayan in Jakarta on Saturday, June 7, 2025. -- Photo by BAY ISMOYO / AFP
Thailand:
* Life's a bliss: Thai Miss World 2025 Opal Suchata is just loves to be foodie when she is enjoying a holiday
* M'sia supports June 14 Thailand-Cambodia talks, says Anwar / Thai PM thanks Anwar for offer to assist in border dispute
* Thailand 'deeply saddened' by death of Gaza hostage, says foreign ministry
* Thai DPM Phumtham issues four-point statement following Cambodia's refusal to decrease tensions at border
* Thailand and Cambodia reinforcing troops on disputed border after May skirmish, Thai minister says
* Thailand grants military control over border checkpoints with Cambodia amid escalating tensions
* Thai Commander: Over 400 protests filed against Cambodian border violations
Philippines:
* Indonesia's FM calls for stronger Asean mechanisms after Vision 2045 adoption
* Special feature - Philippine marine life under threat from industrial fishing
* 30 per cent global ocean protection target not enough for marine giants, says study
* Philippine unemployment rate hits 4.1% in April
* Phivolcs sees rise in sulfur emissions from Kanlaon Volcano, Philippines
Storm clouds are seen over an urban area in Hanoi on Saturday, June 7, 2025. -- Photo by Tran Thi Minh Ha / AFP
Vietnam
* Vietnam's Hanoi to host large-scale culture and heritage festival in October
* More and more South-East Asian women are choosing Vietnam for fetal treatment expertise
* Machucha missed birth of first child to be with Malaysian team ahead of Vietnam clash
* Vietnam welcomes 9.2 million international visitors in first five months
* Vietnam's trade surplus with US surges, complicating tariff talks
Myanmar:
* Coral reefs face race against time as climate change outpaces their survival, says study
* China and Myanmar commemorate 75 years of ties with emphasis on bilateral cooperation, support
* Myanmar junta says UN labour resolution politically motivated
* Rice with disease-preventing flavonoids developed in Hainan, China
* Child among 16 held in killing probe of junta retired military general
Tourists enjoying a view at the Mahanakhon Skywalk rooftop in Bangkok, Thailand. -- Photo: REUTERS/Athit Perawongmetha
Cambodia:
* Thailand tightens border controls for tourists after Cambodia clash
* Porn producers in Phnom Penh busted: 12, including a Malaysian, in custody
* Thai-Cambodian fake news spreads: Government urges caution
* Deepening Cambodian Muslim bonds on Aidil Adha
* 'High-level' readiness if Cambodia row escalates
Laos:
* New Lao-Thai friendship bridge to enhance trade and connectivity, say top officials
* New partnership to enhance vocational education, training in Laos
* Laos sees drop in number of students for final exams
Brunei:
* Bruneian youth to participate in marine conservation in efforts to protect their marine life
* Over 15,000 receive qurban meat in Brunei for Aidil Adha
* Nationwide takbir in Brunei marks Hari Raya Aidiladha
Teams compete during the International Dragon Boat races at Tsim Sha Tsui East Promenade in Hong Kong on Saturday, June 7, 2025. -- Photo by May JAMES / AFP
AseanPlus:
* National Youth Day celebration to showcase elements of Asean
* Foreign students feel at home celebrating Aidiladha in Malaysia
* Pin Supu forest reserve is Malaysia's first terrestrial site on prestigious conservation list
* Sabah to host international event on rural social enterprise from Oct 31-Nov 4
* Mahar carries out qurban programme in seven countries
* Pakistan hopes to advance Asean partnership status: Envoy
* US, China to hold trade talks in London on Monday (June 9) - Trump
* Princess Kako visits Japanese Cultural Centre in Sao Paulo
* Hong Kong's still 'over' but Stephen Roach says city a surprise trade war winner
* Is China's promise of a new world order a self-serving power play?
* Chinese spies at Stanford? US tightens visa policies over espionage fears
* Paralysed Chinese woman falls for 'doctor' in rehab, he flees with US$420,000 loan
* Man arrested for threatening to kill Delhi CM Rekha Gupta
* Japan trade negotiator Akazawa says he made progress in US tariff talks
* New Zealand sees sharp rise in Covid-19, influenza
* Millions sit China's high-stakes university entrance exam
* Int'l motorsports festival in Mongolia attracts 2,500 participants
* Four BTS members to complete military service next week
* China's foreign exchange reserves log growth in May
* Trump says Xi to restart rare earth flows, sets date for talks
* Bangladesh's Yunus announces elections in April 2026
* Taiwan condemns China's 'provocative' patrol
* North Korea internet hit by a major outage, analyst says
* South Korea's Lee, Trump agree to pursue deal on tariffs in first phone call
* Nepal's US trade preference at risk amid growing tariff tensions
* India's Modi opens strategic railway in contested 'crown jewel' Kashmir
* Carney invites Modi to G7 summit despite strained ties between Canada and India
* 'One hell after another': US travel ban deepens despair for Afghans awaiting visas
* Yunus expresses hope for presenting the July Charter in Bangladesh next month
* Japanese kids say they want to work in a cake shop when they grow up
* Hong Kong principals slam popular schools' class expansion without consultation
* Dengue cases surge past 6,000 in Sri Lanka in May as monsoon season begins
* Australian cities offer free public transport to fill empty seats, ease cost of living pain
* Tennis-Sinner faces defending champ Alcaraz in hotly anticipated French Open final / Sinner says rivalry with Alcaraz just the tonic sport needs
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The Star
3 hours ago
- The Star
Semiconductor sector holds steady for now
PETALING JAYA: While Malaysia's semiconductor sector is unlikely to be sidelined anytime soon, analysts caution that the risk of gradually losing market share is real if cost pressures persist and regional competition intensifies. Tradeview Capital fund manager Neoh Jia Man said demand for local semiconductor products and services is expected to remain inelastic over the next few years, as customers struggle to find alternative suppliers quickly. However, in the long run, they will still look to diversify. 'Customers will almost certainly seek to renegotiate prices, expecting local suppliers to help share the cost burden from tariffs. 'In the end, it depends on how big the local semiconductor companies' profit margins are and how much cost they can absorb,' Neoh told StarBiz. 'I wouldn't say there's no impact on demand, but for now, US customers don't have much choice – at least for the next few years. It would take time for them to fully establish alternative supply chains.' The United States recently announced a 25% tariff on Malaysia, up from 24% previously, effective Aug 1, 2025. By comparison, Vietnam will face a lower 20% rate. It was also reported that the US is working on an interim trade deal with India that could reduce its proposed tariffs to below 20%. For sectors like semiconductors, the Trump administration has signalled since April that a special tariff rate would be applied. While some semiconductor products are exempted from the tariffs announced in April, it remains to be seen if this will continue beyond Aug 1. Earlier this month, US President Donald Trump said he will 'soon' announce the tariff rate for the chip industry. Vietnam's success in negotiating a lower tariff, along with India's push into higher-value semiconductor activities, may increase competitive pressure on Malaysia. This may also accelerate the Malaysia+1 trend, where companies shift some operations out of Malaysia. Neoh said Vietnam and India 'could pose serious threats' to Malaysian semiconductor companies over the long run, as both countries have the advantage in terms of labour costs and market size. 'Hence, if Malaysia is unable to negotiate a better tariff rate with the United States compared with these countries, then we will definitely lose more business to them over the next decade,' he said. Phillip Nova senior analyst Danish Lim noted a silver lining: Malaysia's overall tariff rate remains lower than some neighbours such as Thailand, Indonesia and Cambodia. 'The tariff saga could also accelerate the China + 1 shift, with US fabless companies that still run test and packaging facilities in China likely to fast-track (moving) their facilities to Penang or Kulim. 'This would also apply to other countries that have higher tariff rates than Malaysia,' Lim added. Neoh opined that the China+1 trend may still outweigh the Malaysia+1 phenomenon, as players continue relocating from China to Malaysia. 'As such, we are still a net beneficiary amid the ongoing tariff developments.' While the risk of gradually losing market share is real, Neoh said the rate at which Malaysian chip companies gain market share from Chinese players might still outpace the rate at which India and Vietnam erode theirs, at least for the next few years. Between India and Vietnam, Phillip Nova's Lim said the latter poses a bigger risk given its lower tariff rate of 20%, more competitive labour costs and proximity to China. Crucially, Vietnam also has one of the world's largest rare earth deposits, he added. Nevertheless, he noted that both Vietnam and India have less mature ecosystems than Malaysia, particularly in the outsourced semiconductor assembly and test (Osat) space. 'Both still face challenges such as talent availability and infrastructure development. Hence, as the semiconductor space becomes more globally competitive, we believe market share erosion will be gradual, not abrupt. 'Volume relocations by US companies are very unlikely in the near term,' Lim said. Lim is of the view that if the 25% tariff remains post Aug 1, Malaysia's electrical and electronics exports, and consequently semiconductor players, could take a hit, as supporting industries like raw materials, industrial components and machinery remain subject to tariff. He added that the structural drivers for artificial intelligence or AI remains intact, and demand for Osat is likely to grow as more advanced chips hit the market. 'Provided the exemptions for semiconductors remain, Malaysia's key role in the global semiconductor supply chain is unlikely to take much of a hit, even with rising competition from neighbours like Vietnam,' he said.
The Star
3 hours ago
- The Star
Asean news headlines as at 10pm on Tuesday (July 15)
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young suspected Kpod peddlers nabbed in Bishan, Yishun The Violinist, Singapore's first animated historical film, set for August 2026 release Singapore public healthcare institutions to record all Kpod cases, confiscate vapes Singapore researchers get S$25mil grant to screen, treat lung cancer in Asian patients Actor-artist Chen Xi marries Japanese girlfriend in Singapore Singaporean actress Sheila Sim takes hair-cutting course after giving daughter 'awful' haircut S$10mil Toto results to be announced on July 17; no winners in past three draws Thailand Supreme Court hears fourth session on Thaksin's hospitalisation during sentence Thailand delays tourist entry fee till 2026 Golf, the femme fatale embroiled in sex scandal with monks, faces arrest over embezzlement of temple funds Suspended Thai PM asks court for more time to respond to ethics case Thailand unexpectedly delays naming new central bank chief Thai police submit sedition case against Hun Sen to prosecutors Thailand's changing cannabis rules leave farmers in a tough spot French President Emmanuel Macron, right welcoming Indonesia's President Prabowo Subianto at the Elysee Palace in Paris n July 14. - AP Photo Indonesia Indonesia rescues 11 who swam for hours to survive boat capsize Search extended for 17 missing victims in Bali Strait ferry tragedy Indonesian diva and pop princess Bunga Citra Lestari to jive stage with Jaclyn Victor and violinist Dennis Lau for 'love concert' in KL Indonesia trains migrants workers as cultural ambassadors abroad Philippines Magnitude 5.8 earthquake strikes Luzon, Philippines Cops raid online lending company in Pasig City, nab 168 employees Reforms could help transform Philippines into middle-class society by 2040: World Bank Search for missing Philippine cockfighting enthusiasts in Taal Lake to take six months: Remula Vietnam Vietnam's capital to help residents switch to electric vehicles SpaceX expected to launch Starlink services in Vietnam from fourth quarter German customs officials find 1,500 tarantulas hidden in biscuit packaging from Vietnam Vietnam's former top health official prosecuted in dual bribery scandals Cambodia Archaeologists restoring ninth brick tower of Bakong temple in Cambodia's famed Angkor park Defence minister demands public apology for assault on Cambodian soldier at Ta Mone Thom Cambodian ministries going digital with e-invoice platform Myanmar Four consecutive earthquakes strike within hours in Myanmar Myanmar welcomes over 500,000 foreign tourists in H1 2025 Laos Laos, Cambodia, Myanmar to release 100 million fingerlings into rivers Laos moves toward integrating digital ID systems Brunei Brunei Sultan announces landmark reforms and digital transformation on 79th birthday Brunei's lion dance troupe to 'roar' at world championships China is experiencing a relentless heatwave, with temperatures forecast to exceed 40 deg C in parts of the country as residents prepare for the summer season to reach its peak on July 20. - AFP Aseanplus Australia sidesteps US tensions to seek closer China trade ties Hong Kong opens probe into AI-generated porn scandal at university China's Xi vows greater support for Russia as he meets Lavrov Pilot groups reject claims of human error in Air India crash Japan man sells Ferrari to fund shelter for 'taxing' dogs, repay pet that saved his life Heatwave sweeping across China could be unprecedented Parent of top student, teacher break into South Korean school to steal exam papers Typhoon Nari makes landfall over Japan's Hokkaido Teacher, teen arrested at Hong Kong airport in 'Ice', ketamine drug cases China steps in as US pulls back from diplomacy, report says Elegant Fine Caviar: Malaysian-owned caviar from a sturgeon farm in China World's oldest marathon runner dies aged 114 in road accident Fringe party vows to put 'Japan First' to chip away at LDP rule China's Q2 GDP growth tops forecast even as US tariff risks mount Squid Game's tragic couple speak out on their harrowing on-screen relationship Tech takes centre stage as Chinese students weigh up major choices Fringe party vows to put 'Japan First' to chip away at LDP rule Astronauts from India, Poland, Hungary head for splashdown with NASA veteran Japan's ruling coalition seen losing upper house majority, polls show Australia looks to scrap surcharges on most card payments Nvidia's CEO says it has US approval to sell its H20 AI computer chips in China Lego doubling down on China market Japan launches government body to address concerns over foreigners Bangladesh struggles to contain the fallout of an uprising that toppled its leader last year 'Butter': the foodie feminist bestseller skewering sexism in Japan Japan ruling party support plunges ahead of national election in NHK poll HK actor Ray Lui's wife flaunts RM216k handbag while vacationing with husband in Europe Asian markets mixed as China's economy meets forecasts
Malaysian Reserve
4 hours ago
- Malaysian Reserve
MAMBA: Avoid politicising e-commerce fee hikes, focus on MSME sustainability
THE Malaysian Micro Business Association (MAMBA) has urged for a balanced and constructive conversation around recent fee changes by e-commerce platforms, warning against scare tactics and politicisation. 'We must avoid scare tactics and politicising important conversations that directly affect thousands of Malaysian sellers,' said MAMBA secretary-general Alvin Low Wei Yan. 'There needs to be room for discussion—so that everyone, from sellers to shoppers to platforms—can win,' he said. Low said the influx of cheap imports, especially from China amid the ongoing trade war, is already threatening local MSMEs, adding that fee adjustments may be necessary to ensure platforms can continue investing in infrastructure and services. 'Good customer experience is not just a buyer issue – it's a seller issue too,' he said. 'Sellers benefit when platforms are seen as trustworthy and efficient.' MAMBA stressed the importance of collaboration between government, platforms, and seller groups to protect MSMEs, warning that blanket criticism and punitive calls could harm the broader digital economy. 'Calling for authorities to threaten or punish platforms simply for raising fees is counter-productive and risks undermining the very ecosystem we are trying to strengthen,' said Low. –TMR
