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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