In today’s edition of Evening 5 — Prime Minister Datuk Seri Anwar Ibrahim launches NIMP 2030, which will require investments totalling RM95 billion over seven years. Meanwhile, Datuk Seri Ahmad Terrirudin Mohd Salleh will be appointed as the new Attorney General starting Sept 6.
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00:00 [Music]
00:04 The new Industrial Master Plan 2030 or NIMP 2030
00:09 will require an estimated total investment of RM95 billion through its seven years,
00:15 a key component of economy madani.
00:17 The blueprint is aimed at developing a more robust manufacturing sector
00:22 through the creation of growth opportunities for small and medium enterprises
00:26 and high value job opportunities for the people,
00:29 Prime Minister Dato' Sri Anwar Ibrahim said today that RM8.2 billion will come from Putrajaya
00:35 via the NIMP Industrial Development Fund and the NIMP Strategic Co-Investment Fund,
00:42 though the investment would be predominantly from the private sector,
00:45 mobilised from private equity, capital and financial markets.
00:50 Speaking at the launch of the Industrial Master Plan,
00:52 he said the NIMP 2030 has four missions,
00:56 to advance economic complexity, embrace technology and digital transformation,
01:01 push for net zero emissions and safeguard economic security and inclusivity.
01:06 The plan is to increase the manufacturing sector's value added by 6.5% to RM587.5 billion by 2030,
01:15 with employment growth in the sector projected at 2.3% from 2023
01:21 and median salary growth at 9.6% to reach RM4,510 from RM1,976 currently.
01:30 Solicitor General Dato' Sri Ahmad Teri Rudin Muhammad Saleh will be appointed as
01:40 the new Attorney General beginning next Wednesday.
01:43 The announcement was made by Chief Secretary to the Government,
01:47 Tan Sri Muhammad Zuki Ali in a statement today.
01:50 Ahmad Teri Rudin is replacing Tan Sri Idris Haron,
01:53 whose contract as the nation's Chief Law Officer ends on September 5.
01:58 Idris was first appointed to the role on March 6, 2020,
02:02 during Tan Sri Muhyiddin Yassin's tenure as Prime Minister,
02:05 replacing then AG, Tan Sri Tommy Thomas.
02:08 In today's statement, Zuki said Ahmad Teri Rudin's appointment is consented to by the King,
02:14 in line with Article 1451 of the federal constitution.
02:18 The government also thanked Idris for his contribution as AG.
02:22 Prior to being Solicitor General,
02:24 Ahmad Teri Rudin was Chief Registrar of the Federal Court.
02:28 China-based X-Fusion International has chosen Penang to house its maiden global supply centre
02:39 and plans to invest more than RM1 billion over the next three years.
02:44 In a statement today, the company said a 254,491-square-foot facility
02:51 will be located in NationGate Holdings' factory in Sebrang Prai.
02:55 The centre will be a key hub for the computing power infrastructure
02:59 and services providers' international market,
03:02 with annual production capacity of over 150,000 units of equipment,
03:08 including graphics processing units or GPU servers.
03:12 NationGate has been appointed as X-Fusion's strategic partner
03:16 to manufacture GPU servers for the global market.
03:19 These are high-powered servers designed for data centres
03:23 and are applicable to artificial intelligence,
03:26 high-performance computing, database and video analysis scenarios.
03:30 The venture marks Malaysia's continued presence in the global growth of the industry,
03:35 which has expanded by an average of 30% in the last five years in China alone.
03:41 (Music)
03:46 Sersel has suspended the functions of its chief executive officer,
03:49 Datuk Wirat Justin Lim Huatat, with effect from August 30, 2023.
03:55 In a boss filing today, the company said he had shown insubordination
03:59 and failed to act as a responsible CEO.
04:02 It said Lim had not responded to any of the official requests made by the board
04:07 since July 20 this year, asking him to return to the office to report to the board
04:12 and, pending his return, to provide a written response on the MACC's inquiry on him
04:17 and the sort of work he has been performing as CEO while he is abroad.
04:22 The Johor-based chemical manufacturer said it is seeking a basis to warrant Lim as CEO
04:28 to be abroad and away from office from February 2023
04:33 and expressed its concerns about whether Lim has been effectively discharging his role as CEO.
04:39 Sersel was last traded at 15 cent for a market value of RM109.7 million.
04:46 (Music)
04:51 On the first day of Malaysia Airlines' transition to self-catering for in-flight meals
04:56 following the axing of its contract with Brahims Holdings,
04:59 some reports of flight delays from disgruntled passengers have surfaced.
05:03 In response to the complaints, Malaysia Airlines told The Edge
05:07 that it had encountered various challenges during the transition,
05:11 which were made worse by rainy weather conditions and changes to aircraft parking bays at KLIA.
05:17 In a statement, the carrier apologised and said it regrets the challenges,
05:22 which impacted several flights during the first half of the day.
05:25 There were also coordination issues that it is addressing with its partners.
05:30 As of noon today, close to 80% of its flights have taken off on schedule.
05:35 Earlier this week, Malaysia Aviation Group, the parent company of Malaysia Airlines,
05:40 announced it was ending the partnership with Brahims after a thorough and prolonged negotiation period.
05:46 The airline said it would resort to self-catering from September 1 for selected routes.
05:51 [Music]