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Re: India and ASEAN / East Asia

Posted: 18 Oct 2019 03:30
by g.sarkar
https://swarajyamag.com/economy/how-ind ... ssue-at-un
How India Is Responding To Malaysia’s Reckless, Pro-Pakistan Remarks On The Kashmir Issue At UN
by M R Subramani

Oct 16, 2019
India buys more palm oil from Malaysia than China and Pakistan put together.
Malaysia’s reckless, pro-Pakistan statement on Kashmir is costing the country dear.
On 4 October this year, the Ministry of External Affairs came out with a strong statement against Malaysia and Turkey for their comments against India at the United Nations General Assembly on the Kashmir issue.
The ministry spokesman Raveesh Kumar was reacting to both countries criticising New Delhi over the abrogation of Article 370 in Jammu and Kashmir, ending the special status to the border state. Kumar had two messages for both the nations. One, they should obtain a clear understanding of the situation. Two, the Malaysian government should bear in mind its friendly relations with India and desist from making such statements.
Probably, the Food Ministry has followed it up by proposing to raise the integrated goods and services taxes (IGST) to 12 per cent on imports of refined palm oil. The External Affairs Ministry’s statement has hit the Malaysian palm oil market badly as crude palm prices have dropped to the lowest since 3 October to $518 a tonne.
In particular, India’s statement reminding Malaysia of the friendly ties between both countries has affected the palm oil market badly.
Some palm oil importers and refiners in India have taken this as a signal that the Narendra Modi government could further retaliate with trade measures, probably leading to a mini-trade war. These importers and refiners have decided to stop signing any new purchase contract with Malaysian sellers from 1 November. According to Solvent Extractors Association of India, importers had cut down purchases from Kuala Lumpur in September itself when Malaysia criticised India on the Kashmir issue. Crude palm oil prices had ruled at $551 a tonne then.
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Gautam

Re: India and ASEAN / East Asia

Posted: 20 Oct 2019 10:24
by g.sarkar
https://www.scmp.com/week-asia/economic ... m-oil-amid
Disgruntled India weighs options on ties and palm oil amid #BoycottMalaysia campaign
The diplomatic fallout from Malaysia’s criticism over Kashmir is spreading to the economy as Indian businesses shun their palm oil suppliers in favour of Indonesian alternatives
With nationalists waging a social media campaign to boycott Malaysian imports, expectations are high that New Delhi will impose curbs or taxes

Vasudevan Sridharan, Tashny Sukumaran
18 Oct, 2019
Traders in India are avoiding Malaysian palm oil imports in favour of purchases from Indonesia amid growing fears that New Delhi is weighing retaliation against the Southeast Asian nation for its criticism over Kashmir and sheltering of wanted Islamic preacher Zakir Naik.
At least three importers said the uncertainty in bilateral relations had forced them to consider alternatives, while a government source who handles India’s trade ties with Southeast Asia struck a note of caution despite saying there was no official word on import curbs yet.
“Anything can happen. Maybe some restrictions will be imposed,” said the source, who did not want to be named as he was not authorised to speak on the matter.
B.V. Mehta, executive director of lobbying group the Solvent Extractors’ Association of India, which represents more than 875 businesses with a combined oil processing capacity of 30 million tonnes, said the Indian government was deeply upset with what officials saw as hostile comments from the Malaysians and would take action in response, “but what type of action is still not clear”.
“Just to safeguard business interests, most refiners and importers have moved from [buying from] Malaysia to Indonesia. After all, the price of palm oil from Indonesia is the same,” he said.
......
Gautam

Re: India and ASEAN / East Asia

Posted: 21 Oct 2019 10:47
by Cain Marko
"How to shoot yourself in the foot and then put that foot in your mouth" by Muhammad Mahathir

Re: India and ASEAN / East Asia

Posted: 28 Oct 2019 06:04
by g.sarkar
https://asia.nikkei.com/Politics/Kashmi ... -oil-trade
Indian anger at Malaysia's Kashmir stance threatens palm oil trade
Mahathir's 'unprovoked' and 'unacceptable' remarks prompt talk of boycott

KIRAN SHARMA, Nikkei staff writer, OCTOBER 26, 2019
NEW DELHI -- India has blasted Malaysia and Turkey for openly supporting its archrival Pakistan on the issue of Kashmir, a Muslim-majority region whose special status was scrapped in August by the government of Prime Minister Narendra Modi.
Amid reports that New Delhi is contemplating trade curbs against the two countries, an influential trade group in India asked its members recently to refrain from importing Malaysian palm oil, in their own interest and as a mark of solidarity with the government.
"The recent developments pertaining to strained relations between our nation and Malaysia have put a lot of responsibility on our industry in view of [the] huge imports of palm oil from that country," said Atul Chaturvedi, president of the Solvent Extractors' Association of India, in an advisory to members.
"Our government has not taken kindly to the unprovoked pronouncements by the Malaysian prime minister, and [it] is contemplating some retaliatory action. It would be [fitting], as a responsible Indian vegetable oil industry, [to] avoid purchasing palm oil from Malaysia till such time as clarity on the way forward emerges from the Indian government," Chaturvedi said.
The association, with 875 members, can process up to 30 million tons of oil seed annually. India is the world's largest buyer of vegetable oils, importing about 9.5 million tons of palm oil per year: 6.5 million tons from Indonesia and 3 million tons from Malaysia.
Elaborating on the advisory, the association's executive director, B.V. Mehta, told the Nikkei Asian Review that it was issued because the trade group feared India may take retaliatory action in the wake of the current tensions with Malaysia that could affect the import of palm oil from the Southeast Asian country.
"We told [our members] to be careful," he said. "If they are buying palm oil from Malaysia, there could be some trouble at a later date [if] the government of India changes its policy." Raveesh Kumar, a spokesman for India's Foreign Ministry, told a media briefing on Thursday that he was not aware of any government decision on retaliation. "In any case," Kumar said, "I think it is important to understand that the decision to import any commodity or otherwise is the prerogative of the importing company. But at the same time, they are not impervious to the state of affairs between any two countries."
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Gautam

Re: India and ASEAN / East Asia

Posted: 14 Jan 2020 06:49
by Rony
Leaked phone call between former Malaysian PM Najib Razak pleading with Abu Dhabi’s crown prince Mohammed bin Zayed to help him and his stepson escape prosecution in a multi-billion dollar scandal.


Re: India and ASEAN / East Asia

Posted: 15 Jan 2020 02:06
by kit
In a first India is restricting semiconductor imports from Malaysia and setting standards and regulations for imports, interesting, this could actually be a template for future restrictions on Chinese imports

Re: India and ASEAN / East Asia

Posted: 15 Jan 2020 02:39
by Prem
kit wrote:In a first India is restricting semiconductor imports from Malaysia and setting standards and regulations for imports, interesting, this could actually be a template for future restrictions on Chinese imports


There goes another billion out of Malaysian pocket. Soon indisciplined Mahatir gonna lose 1% if Gdp.

Re: India and ASEAN / East Asia

Posted: 15 Jan 2020 10:15
by mappunni
kit wrote:In a first India is restricting semiconductor imports from Malaysia and setting standards and regulations for imports, interesting, this could actually be a template for future restrictions on Chinese imports


Any links?

Re: India and ASEAN / East Asia

Posted: 15 Jan 2020 20:29
by kit
mappunni wrote:
kit wrote:In a first India is restricting semiconductor imports from Malaysia and setting standards and regulations for imports, interesting, this could actually be a template for future restrictions on Chinese imports


Any links?



https://timesofindia.indiatimes.com/business/india-business/more-curbs-likely-on-imports-from-malaysia-key-things-to-know/articleshow/73270373.cms

Re: India and ASEAN / East Asia

Posted: 15 Jan 2020 20:34
by kit
Interestingly Mahathir has gone on record saying he wont speak against China and also its hegemonistic behaviour in South China sea.

https://www.bangkokpost.com/world/1760514/mahathir-no-point-confronting-china

Malaysia does not want to take a confrontational stance toward China over the disputed South China Sea or alleged mistreatment of minority Uighur Muslims, Prime Minister Mahathir Mohamad said in an interview published on Saturday.

Malaysia is too small to face up to the Asian powerhouse, even though Chinese ships surveying its waters for oil and gas in South China Sea do so without permission, he told an online news service during his visit to New York where he addressed the UN General Assembly.

“We watch what they are doing, we report what they are doing, but we do not chase them away or try to be aggressive,” Mahathir told BenarNews, an online news service affiliated with Radio Free Asia that reports in five languages.

“The Malay states have existed near China for the past 2,000 years. We have survived because we know how to conduct ourselves. We don’t go around trying to be aggressive when we don’t have the capacity, so we use other means.”

He said that in the past Malaysia used to send to China “gold and silver flowers every year as a symbol of our being practically, well, subservient to them”.

Mahathir also said China’s might was the reason Muslim-majority Malaysia did not speak out much against Beijing’s alleged repression of Uighur Muslims.

“You don’t just try and do something which would fail anyway, so it is better to find some other less violent ways not to antagonise China too much, because China is beneficial for us,” he said.


So the bugger seems to think he can talk and do whatever he wants against India.


Might rules and is respected.


Interestingly Mahathirs great grandparents come from South India and has some connections even now in Kerala and TN

Re: India and ASEAN / East Asia

Posted: 16 Jan 2020 11:05
by mappunni
kit wrote:Interestingly Mahathirs great grandparents come from South India and has some connections even now in Kerala and TN


Actually, his Grandfather was from Kerala (Mopilah) who went to Malaysia and married a Malay and became one. The Tamil Muslims, when go to Malaysia adopt the Malaysian language and customs. They are called Mamak by the locals.

Remember my father telling about Malaysia in the 70s and even 80s where few and far women wore the hijab. Now due to the Islamist pandering by Mahathir to gain the Malay votes is slowly but surely turning Malaysia into an Islamist hellhole.

The Malays govern on the basis of Ketuanan Melayu or Malay supremacy. Look at where Malaysia is, compared to Singapore.

Re: India and ASEAN / East Asia

Posted: 20 Jan 2020 18:46
by Rony
‘We’re too small to take action’: Malaysian PM Mahathir after India’s palm oil boycott

https://www.hindustantimes.com/india-ne ... sZwNJ.html

Re: India and ASEAN / East Asia

Posted: 21 Jan 2020 23:06
by ramana
Rony wrote:‘We’re too small to take action’: Malaysian PM Mahathir after India’s palm oil boycott

https://www.hindustantimes.com/india-ne ... sZwNJ.html



This is just the beginning.

Re: India and ASEAN / East Asia

Posted: 14 Feb 2020 23:26
by g.sarkar
https://www.dawn.com/news/1534442/india ... -oil-trade
India's curbs on Malaysian palm imports stir up edible oil trade
Reuters | Dawn, February 14.

India's halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.
India, the top global palm oil buyer, imposed restrictions on imports of refined palm oil last month, a move sources said was retaliation against Malaysia's criticism of New Delhi's actions in occupied Kashmir and a controversial citizenship law. Traders had also held off buying crude palm oil from Malaysia.
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85 per cent from a year earlier to 46,876 tonnes, the lowest since 2011.
India accounted for nearly a quarter of Malaysia's total palm oil exports last year and has been the biggest buyer of Malaysian palm oil for five years.
To compensate, Malaysia dialled up shipments to other destinations, with exports to Pakistan, Saudi Arabia and Ghana — markets that have traditionally bought heavily from Indonesia — all increasing in January by more than 100pc from the same month in 2019.
"A rebalancing is happening in the palm oil market," said a Mumbai-based dealer with a global trading firm.
"European and price-sensitive Asian buyers are switching to Malaysia from Indonesia due to lower prices."
Indonesian prices have climbed to a rare premium to Malaysian levels this year, on expectations of higher Indian purchases.
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Gautam

Re: India and ASEAN / East Asia

Posted: 20 Feb 2020 10:54
by mappunni
More bad news for Senile Fart of Malaysia :(( :(( :((

Exclusive: Machine lubricants leave bad taste for palm oil producers, buyers

https://www.reuters.com/article/us-malaysia-palmoil-exclusive/exclusive-machine-lubricants-leave-bad-taste-for-palm-oil-producers-buyers-idUSKBN20C1KP

Re: India and ASEAN / East Asia

Posted: 25 Feb 2020 00:10
by Venkarl
Mahathir is history now.

Re: India and ASEAN / East Asia

Posted: 25 Feb 2020 01:12
by g.sarkar
https://www.cnn.com/2020/02/24/asia/mal ... index.html
Malaysia's Prime Minister Mahathir Mohamad resigns
By Helen Regan and Ushar Daniele, CNN, February 24, 2020

Malaysian Prime Minister Mahathir Mohamad submitted his resignation to the country's king on Monday, his office announced, a shock move that could plunge the country into political crisis.
The surprise announcement comes amid speculation that 94-year-old Mahathir was attempting to form a new ruling coalition that would exclude his promised successor Anwar Ibrahim. It is not clear who will be the next Prime Minister or whether general elections will be held. Mahathir's party, the Malaysian United Indigenous Party (Bersatu) announced Monday it would be dropping out of the ruling coalition Pakatan Harapan in support of the prime minister.
.....
Gautam

Re: India and ASEAN / East Asia

Posted: 25 Feb 2020 08:05
by mappunni
Venkarl wrote:Mahathir is history now.


No Saar, too early to write of the wily fox who outwitted Anwar Ibrahim now thrice to the PM post!

Re: India and ASEAN / East Asia

Posted: 25 Feb 2020 09:30
by Bart S
Venkarl wrote:Mahathir is history now.

No, he is just scheming to renege on a deal in which he was supposed to hand over power, in an attempt to keep it via a new coalition.

Re: India and ASEAN / East Asia

Posted: 25 Feb 2020 10:00
by mappunni
Bart S wrote:
Venkarl wrote:Mahathir is history now.

No, he is just scheming to renege on a deal in which he was supposed to hand over power, in an attempt to keep it via a new coalition.


Exactly!! He is making a come back with new coalition! :mrgreen: :mrgreen:

Re: India and ASEAN / East Asia

Posted: 26 Feb 2020 04:42
by Vips
Mahatir will do anything for power.

According to reports, the proposed new government includes Mahathir's party, the United Malays National Organisation - the party of scandal-tainted ex-leader Najib Razak, which was ousted at the 2018 polls - and a hardline Islamist group.

Re: India and ASEAN / East Asia

Posted: 27 Feb 2020 09:15
by mappunni
Vips wrote:Mahatir will do anything for power.

According to reports, the proposed new government includes Mahathir's party, the United Malays National Organisation - the party of scandal-tainted ex-leader Najib Razak, which was ousted at the 2018 polls - and a hardline Islamist group.


Senile Fart turned once liberal Malays in hardcore Islamist for just to cling on to power. He capitalized on the Asian Tiger status in the 80s and 90s but Soros had the last laugh with the currency crisis. His family and his cronies have swindled billions.

Re: India and ASEAN / East Asia

Posted: 27 Feb 2020 10:19
by g.sarkar
https://foreignpolicy.com/2020/02/26/ma ... -politics/
Malaysia’s Geriatric Palace Intrigues Are Causing Political Turmoil
94-year-old Mahathir Mohamad has betrayed his 72-year-old successor Anwar Ibrahim. Again.
BY KRITHIKA VARAGUR | FEBRUARY 26, 2020.

Anwar Ibrahim may be the most outmaneuvered man in Malaysia. The trials of his political life have been Job-like, from multiple sodomy accusations to police assaults to nearly a decade spent in jail. In 2018 he seemed, momentarily, to have been rewarded for his forbearance, when his party coalition with former Prime Minister Mahathir Mohamad won a surprise election victory, overturning the National Front that had ruled Malaysia since its independence from Britain in 1957. Anwar “won” from jail, through a baroque setup by which he was supposed to eventually succeed the then 92-year-old Mahathir after two years, in a transition whose specifics were never explained. But he would eventually get his day in the sun … right? Wrong. After a series of hushed, closed-door meetings, backdoor plots, and obtuse power plays over the past five days, the Malaysian government is now in chaos, and it seems like Anwar may let power slip through his fingers again. Mahathir resigned as prime minister at 1 p.m. on Monday, as well as from his leadership of the Bersatu political party. Meanwhile, Bersatu, which accounts for 26 seats in the lower house of Parliament, announced that it was exiting the Alliance of Hope (Pakatan Harapan) coalition that won in 2018, depriving it of its parliamentary majority and essentially dissolving the government. The same day, 11 members of Anwar’s party resigned. The clock is ticking for a new ruling coalition to emerge soon. The suddenness and rapid succession of these events have the dramatic flair of late-season scripted television.
“This is a very typical Malaysian way of doing politics,” said James Chin, a political scientist at the University of Tasmania. “They are trying to create a herd mentality so people can start rushing to the presumed forerunner.” Anwar’s People’s Justice Party was the largest component of the Alliance of Hope, having won 47 seats in the 2018 general election. A new coalition needs 112 members of Parliament to form a government, said Chin, but “to prove stability they will need at least 130 people.” On top of that, Malaysia is a constitutional monarchy, and the king must greenlight a new government. The current king, Sultan Abdullah Sultan Ahmad Shah, interviewed every single member of Parliament on Tuesday and Wednesday in order to establish which faction has the majority support, according to the Associated Press. The king also appointed Mahathir as interim prime minister.
On Wednesday, Mahathir delivered a national address and apologized for the recent “political turmoil,” which seemed, at surface level, like an effort to distance himself from the week’s machinations. “If it is possible I will try to establish a government that does not favor any party. Only the interests of the nation will take precedence,” he told the country. “He is speaking in code,” said Chin. “He is saying: Everyone can come together, but I get to pick and choose who gets to come in. And he is addressing the other MPs as individuals, not as parties. He remains the kingmaker.”
The choice before members of Parliament is essentially whether to back Anwar or Mahathir now, and one of them has been prime minister for a cumulative 24 years, whereas the other has been spectacularly foiled at multiple junctures during that time frame. “The choice,” said Chin, “is not exactly difficult.”
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Gautam

Re: India and ASEAN / East Asia

Posted: 27 Feb 2020 10:51
by sum
^^ Such a familiar desi feel reading this article

Re: India and ASEAN / East Asia

Posted: 29 Feb 2020 18:43
by Vips
Malaysia's Mahathir says he has support to return as PM.

Paki lover thought he can do what he wants and lord over Malaysia but ....

Malaysia's king appoints Muhyiddin Yassin as prime minister.

Malaysia's king named former interior minister Muhyiddin Yassin as the new prime minister on Saturday in a shock decision that sidelined old rivals Mahathir Mohamad and Anwar Ibrahim after a week of political turmoil.


Mahatir now asking Imran's shuttle(cock) wife to talk to the jinns on the wall and make him the prime minister :rotfl:

Re: India and ASEAN / East Asia

Posted: 29 Feb 2020 21:34
by Vips
Speaker rejects Mahathir's call as Malaysia's turmoil grows.

The speaker of Malaysia's House rejected interim leader Mahathir Mohamad's call for a vote next week to chose a new premier, deepening the country's political turmoil after the ruling alliance collapsed this week.

Mahathir said on Thursday that King Sultan Abdullah Sultan Ahmad Shah failed to find a candidate with majority support and will leave it to the lower house to vote. If there is an impasse, Mahathir said snap elections will be called.

But House speaker Mohamad Ariff Mohamad Yusof said a vote could only follow an official decree by the king and Mahathir's call for Parliament to meet didn't follow proper procedure. As such, there will be no special sitting of the lower house on Monday, Mohamad Ariff said in a statement.

His stand echoes that of the former ruling alliance, now led by Mahathir's rival Anwar Ibrahim, and other political parties that only the king has the power to appoint the prime minister under the constitution. They also said Mahathir had jumped the gun ahead of an official announcement from the palace and the Conference of Rulers meeting. :lol:

Re: India and ASEAN / East Asia

Posted: 29 Feb 2020 23:05
by chetak
mappunni wrote:
Venkarl wrote:Mahathir is history now.


No Saar, too early to write of the wily fox who outwitted Anwar Ibrahim now thrice to the PM post!



Feb 29, 2020


Malaysia’s king names Muhyiddin Yassin as prime minister; ex-interior minister gets top post after week of political turmoil


malayasia is probably hoping to get back into India's good graces by sidelining both mahathir and anwar

anwar is the bugger and mahatir is buggered.

That's malayasian politics for you.

Re: India and ASEAN / East Asia

Posted: 01 Mar 2020 08:27
by chanakyaa
Subhanalla! Jazakulla! Shall we call it -- Palm Oil Regime Change? The virus thing is making things worse for palm oil exporters. Desi bania can now import from Malays for cheap.

Palm oil heads for worst week in 11 years on demand destruction

Slimy Mahathir won't let go easily
Malaysia's Mahathir seeks urgent parliament session on PM

Re: India and ASEAN / East Asia

Posted: 01 Mar 2020 09:16
by g.sarkar
https://www.bloomberg.com/news/articles ... a-comeback
Fresh Out of Power, 94-Year-Old Mahathir Plots Malaysia Comeback
By Philip Heijmans, February 29, 2020.

Mahathir Mohamad may be at least temporarily out of power, but the 94-year-old leader isn’t going down without a fight.
Mahathir’s abrupt resignation last Monday kicked off a week of horse-trading that saw his fortunes rise and fall by the hour. On Saturday morning, he said he had the numbers to form a government, but by late afternoon the king appointed Muhyiddin Yassin– until recently Mahathir’s right-hand man – as prime minister.
Late Saturday night, Mahathir said he has secured the backing of 114 lawmakers -- enough for a majority in Malaysia’s 222-member parliament -- and will send a letter to tell the king. It remained unclear if the king would reconsider his decision. “I hope the King will accept the letter and my explanation,” Mahathir said in a statement. No matter how things shake out, it’s a safe bet Mahathir isn’t going anywhere. While he’s ruled Malaysia for nearly a quarter century over two stints, he was perhaps just as active politically when he was retired as he was inside the prime minister’s office -- including helping take down former Prime Minister Najib Razak in 2018.
“The game is not over yet,” said James Chin, a Malaysian academic and a political analyst who heads the Asia Institute at the University of Tasmania. “It’s too early to write him off. Mahathir being Mahathir, I doubt he would leave Muhyiddin and Najib with the last laugh.” Born in 1925 when the Malay Pensinsula was still ruled by Britain, Mahathir studied medicine and became a physician. He became politically active after Japan occupied what is now Malaysia during World War II, and became prime minister for the first time in 1981 at the age of 56 -- helming the long-ruling coalition anchored by the United Malays National Organisation, or UMNO. During his first 22 years in office, Mahathir worked hard to put Malaysia on the world map. He had an affinity for ambitious projects such as the world’s tallest office building, one of the world’s largest dams, and Southeast Asia’s largest airport.
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Gautam

Re: India and ASEAN / East Asia

Posted: 01 Mar 2020 20:07
by sum
How the F*** does one have this enery to cling onto power at 94?

Seems to be outdoing gold standard desi politicos and making them look like novices

Re: India and ASEAN / East Asia

Posted: 01 Mar 2020 20:34
by Bart S
chetak wrote:
mappunni wrote:
No Saar, too early to write of the wily fox who outwitted Anwar Ibrahim now thrice to the PM post!



Feb 29, 2020


Malaysia’s king names Muhyiddin Yassin as prime minister; ex-interior minister gets top post after week of political turmoil


malayasia is probably hoping to get back into India's good graces by sidelining both mahathir and anwar

anwar is the bugger and mahatir is buggered.

That's malayasian politics for you.


The only party getting buggered is Malaysia.

Also, the new coalition relies on an extremist Islamist party to make up the numbers, so don't count on the change being favorable to India at all. Actually I would take Mahathir over these folks, at least he announces his intentions quite openly (due to his being an arrogant loudmouth oaf who can't help it), thereby waking up GOI and baboons from their slumber. These folks are probably a lot more sly and will continue backing Pakistan while making conciliatory noises in public.

Re: India and ASEAN / East Asia

Posted: 01 Mar 2020 22:26
by Vips
In a way the reliance on hardline Islamic forces is bound to alienate a substantial (40% of the total) non islamic non malay population. This will screw up the economic growth. Ultimately not good for this paki lover nation and hence good for us.