Morning Brief

Malaysia has already lost more than 15% of her beaches with things set to become worse. In the peninsula alone, more than 30 beaches have experienced critical erosion of over 4 metres a year and the National Coastal Erosion Study 2015 revealed that many of these beaches could be lost in the next 10 years or so. Associate Professor Dr Effi Helmy Ariffin, Deputy Director at Universiti Malaysia Terengganu's Institute of Oceanography and Environment (INOS) talks to us about the impact of coastal erosion and if enough is being done to address it.

US Speaker of the House, Nancy Pelosi continues her whirlwind tour of Asia, moving onto South Korea and Japan. However the trip has been overshadowed by her visit to Taiwan which was the worst kept secret of her itinerary. We speak to William Pesek, columnist at Nikkei Asia as to what is her agenda.

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The Control of Tobacco Products and Smoking Bill 2022 has now been referred to the Parliamentary Special Select Committee to be finetuned despite some concessions made before it was tabled for second reading at the Dewan Rakyat this week. It is now expected to come up again at the next sitting. Bandar Kuching MP Dr Kelvin Yii is a member of this PSSC and he explains the intricacies of formulating a bill to meet every stakeholders' demands.

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Malaysia has agreed in principle to implement a global minimum tax of 15% on multinational companies. Currently, Malaysia's standard corporate income tax rate is 24%, with some MNCs granted tax exemptions and enjoy preferential rates of zero to 10% according to various concession. Dr Geoffrey Williams, Economist at Malaysia University of Science and Technology, talks about how this may impact foreign direct investment into the country.

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The Control of Tobacco Products and Smoking Bill 2022 has now been referred to the Parliamentary Special Select Committee to be finetuned despite some concessions made before it was tabled for second reading at the Dewan Rakyat this week. It is now expected to come up again at the next sitting. Bandar Kuching MP Dr Kelvin Yii is a member of this PSSC and he explains the intricacies of formulating a bill to meet every stakeholders' demands.

US Speaker of the House, Nancy Pelosi continues her whirlwind tour of Asia, moving onto South Korea and Japan. However the trip has been overshadowed by her visit to Taiwan which was the worst kept secret of her itinerary. We speak to William Pesek, columnist at Nikkei Asia as to what is her agenda.

Malaysia has agreed in principle to implement a global minimum tax of 15% on multinational companies. Currently, Malaysia's standard corporate income tax rate is 24%, with some MNCs granted tax exemptions and enjoy preferential rates of zero to 10% according to various concession. Dr Geoffrey Williams, Economist at Malaysia University of Science and Technology, talks about how this may impact foreign direct investment into the country.

With the Home Ministry officially launching the Sahabat Kita Demi Negara programme, we ask James Chai, Visiting Fellow, ISEAS – Yusof Ishak Institute whether this programme wanting youths to be its eyes and ears for KDN has more sinister intentions

Image credit: Shutterstock

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A few days ago for the first time since the start of the Russian invasion, a ship carrying Ukrainian grain finally left the port of Odesa. Will this lead to lower prices? Priyanka Kishore, head of India and Southeast Asia economics at Oxford Economics tell us her views.

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To get a temperature check on the property market and even what to buy, Chan Ai Cheng, President, Malaysian Institute of Estate Agents helps us give a perspective on how the demand supply dynamics are evolving for the property market

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