Malaysia’s Flying Passport Scandal Exposed | EPF Slumps, Japan on Tsunami Alert

 Border corruption resurfaces as EPF income drops 13%, tsunami threat hits Japan, and Chinese capital fuels Indonesia’s aluminium boom.

🇲🇾 Malaysia

  • The ‘flying passport’ racket persists at Johor checkpoints due to weak disciplinary action.
  • Offenders are transferred, not sacked—prompting calls for institutional reform.
  • Finance Ministry scraps High Value Goods Tax amid broader fiscal realignment.
  • EPF investment income drops 13% amid weak global markets.

🌍 International

  • Japan issues 3m tsunami warning after 8.7-magnitude quake near Russia.
  • Coastal evacuations and wave impact expected from 10am–11.30am local time.

🌏 Asia

  • Chinese billionaires drive aluminium expansion in Indonesia.
  • Projects forecast to boost output fivefold by 2030.
  • Analysts warn of energy constraints and resource sustainability.

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