Good morning. Here's what you should know today.

Key Highlights

  • Sultan slams coup rumours

  • Govt to end 5G monopoly

  • OPR back to pre-pandemic level

Sultan slams coup rumours

Johor's Sultan Ibrahim Sultan Iskandar called for an end to politicking that caused instability.

The monarch said the people should not be made to endure further instability and that the economy should be prioritised.

The royal rebuke came after rife speculation of a coup attempt allegedly by Perikatan Nasional.

HIGHLIGHTS

PAS top brass signs Dr M's 'Malay proclamation'
Hadi: PAS met Dr M over 'common grounds' despite past wrongs
PM's aide: Putsch will lead to 'Prihatin', 'Keluarga M'sia'-type instability

Govt to end 5G monopoly

The government has announced a plan that would end Digital Nasional Berhad's 5G network monopoly.

The plan is for DNB to continue rolling out 5G services as is for now.

However, once the rollout hits 80 percent - targeted later this year - the government will switch to a dual-network system.

CelcomDigi terminated its share subscription agreement with DNB not long after the announcement.

HIGHLIGHTS

We have right to set our own policies, Fahmi tells EU, US on 5G
MyEG given 3 year non-exclusive extension on RTD services
M’sians can renew driving licences up to 10 years starting May 8 – Loke

OPR back to pre-pandemic level

Bank Negara increased its overnight policy rate by 25 basis points to 3 percent.

Those with home loans and other floating interest rate loans will have to pay higher interest going forward.

Economists - who mostly expected Bank Negara to maintain the OPR rate at 2.75 percent - expect the hike this week to be the last for this year.

HIGHLIGHTS

Power cut, vacated homes torn down as Koskan Tambahan holdouts rue fate
Govt mulls placing MACC under EAIC's purview
Sivakumar's officers: 5 axed, 1 transferred

Views that matter

Ong Kian Ming and the enabling of 'ketuanism'
By S Thayaparan
MACC should be answerable to Parliament
By P Ramasamy
Modus operandi to manage intra-coalition dissent needed
By Terence Netto

Other news that matter

  • The founder of Rumah Bonda was jailed for 12 years following her conviction on two counts of neglecting and abusing a teen with Down Syndrome, known as Bella.

    The judge also rejected a stay of execution on the sentence pending appeal.

  • Belantik assemblyperson Mohd Isa Shafie is in critical condition at the ICU of Sultan Abdul Halim Hospital in Sungai Petani.

  • Parliament will open its doors to the public this weekend for its inaugural "open day", including guided tours.

HIGHLIGHTS

DAP gags members from speculating on govt posts, election candidates
Tasik Chini: Two years on, heavy machinery remains at disused mines
M'sia attains highest world press freedom ranking ever