Morning Brief

Communications and Digital Minister Fahmi Fadzil recently called out social media platform Telegram for not taking action on illicit activity on the platform. Does the MCMC have the authority and legal means to regulate digital platforms hosted overseas? We discuss the legal framework that applies and gaps in regulation with Intellectual Property and Information Technology Lawyer, Foong Cheng Leong.

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Datuk Seri Anwar Ibrahim has turned his sights on affordable homes, stating that the 30% quota imposed on developers is inadequate. We speak with Dr Suraya Ismail, Director of Research, Khazanah Research Institute, to find what defines a low cost home and what policies the Local Government Development Ministry could review to help affordable housing development.

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CPO prices have declined by 18% on a year to date basis. This despite China's reopening story. We check in with Alvin Tai, Senior Analyst at Bloomberg Intelligence as to when we can expect price recovery and the impact of EUDR on our planters.

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The Malaysian semiconductor industry is expecting slower growth for the second half of 2023 amid global headwinds and softer demand for consumer electronics. We speak with Dato Seri Wong Siew Hai, President of Malaysia Semiconductor Industry Association (MSIA) on how business are navigating the situation, and how high demand for AI technologies will impact the local semiconductor industry.

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The Malaysian semiconductor industry is expecting slower growth for the second half of 2023 amid global headwinds and softer demand for consumer electronics. We speak with Dato Seri Wong Siew Hai, President of Malaysia Semiconductor Industry Association (MSIA) on how business are navigating the situation, and how high demand for AI technologies will impact the local semiconductor industry.

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Malaysia’s politics is never boring with new parties mushrooming over the past few years. This week, former Health Minister Khairy Jamaluddin has hinted that he may form his own political party, a sign he will be turning down the offer to join Perikatan Nasional. We speak with Dr Oh Ei Sun, Principal Adviser, Pacific Research Centre whether there are any secrets of success for new political parties.

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The airline industry is booming, so much so that the International Air Transport Association or IATA recently upgraded its profit estimates for 2023, doubling from $USD4.7 billion projected in December to $USD9.8 billion this week. What accounts for the renewed optimism? We discuss aviation sector signals and trends with Shantanu Gangakhdekar of Frost & Sullivan.

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After the success of the first Special Voluntary Disclosure Programme, the Inland Revenue Board has launched the 2nd programme starting today.

We speak to Sim Kwang Gek, Country Tax Leader at Deloitte Malaysia to find how this programme is an improvement and the IRB objectives for SVDP 2.0 to register new taxpayers and collections.

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The annual Knight Frank Wealth Report showed that Malaysia is among the top 10 countries with the fastest-growing population of ultra-rich individuals, defined as having net wealth of at least 30 million US dollars. We discuss with Zouhair Mohd Rosli, Senior Researcher, DM Analytics whether this is a symptom of a widening wealth gap and the implications for policy.

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After the success of the first Special Voluntary Disclosure Programme, the Inland Revenue Board has launched the 2nd programme starting today.

We speak to Sim Kwang Gek, Country Tax Leader at Deloitte Malaysia to find how this programme is an improvement and the IRB objectives for SVDP 2.0 to register new taxpayers and collections.

Image by: Shutterstock

See omnystudio.com/listener for privacy information.