Asia’s tiger status less crucial than China-India competition

China Press Daily headlined that the e-invoice measure will be implemented in phases starting from August this year, based on the annual revenue thresholds of businesses. 

Companies with annual revenues exceeding RM100 million will begin implementing the e-invoice measure from August 1.

The Inside Scoop limited-edition cough syrup Pei Pa Koa flavour ice cream, has been recalled after receiving a warning from the Health Ministry for violating regulations, reported Kwong Wah Daily.

Gangs are expanding their influence by recruiting young people, headlined Guang Ming Daily.

A 17-year-old girl who moved from Negeri Sembilan to Kuala Lumpur to study suddenly changed her behaviour and picked up smoking habits.

She admitted to having joined Gang 24 for protection after being questioned by her family, however, she did not reveal the reason.

Nanyang Daily headlined that medical expenses in our country have soared by at least 50% over the past decade, causing greater health concerns among citizens compared to neighbouring Singapore. Survey respondents cited the cost of living (83%), economic slowdown (83%), and rising healthcare costs (82%) as the top three challenges impacting their confidence in achieving long-term savings goals.

With the Malaysian government offering 30-day visa-free access to Chinese nationals, Foreign Minister Datuk Seri Mohamad Hasan hopes that the Chinese government grants similar treatment to Malaysian citizens, reported Sin Chew Daily. 

Editorial

Nanyang Daily said that the government’s stance on alcohol company sponsorships for vernacular school fundraising events is merely a tacit understanding that does not explicitly state that such sponsorships are permissible for vernacular schools. 

The daily questioned the reason why the government has not clarified this matter clearly and definitively.

The daily said scholars suggest that instead of having vague administrative practices, it would be better to allocate sin taxes into a separate fund used solely for areas that do not conflict with religious and moral principles.

The daily did not name the scholar. 

Sin Chew Daily said reclaiming Asia’s tiger status is not as crucial as addressing the low-price competition from China and India. 

Instead, the government’s current priority should be to promote industrial upgrading and transformation, increase people’s incomes, and work towards strengthening the Malaysian ringgit, said the daily.