Malaysia Morning News For July 20

Malaysian ports’ prospects to remain healthy
RAM Rating Services Bhd (RAM Ratings) expects the container- and cargo-handling prospects of Malaysian ports to remain healthy this year, in line with the gradual global economic recovery.
— The Star Online

Ministry to study flexible road tax payment system
The transport ministry is keen on eventually having a flexible road tax payment system based on a motorist’s driving statistics following the recent liberalisation of motor insurance tariffs.
— Free Malaysia Today

Iskandar Malaysia fails to shine even with significant investments from Singapore
Singaporean investment of RM19 billion (US$4.4 billion) has been poured into the Iskandar Malaysia project since its launch in 2006. The developers behind the huge manufacturing and services complex hope it will be “Malaysia’s Shenzhen” by 2025.
— Asean Today

June Consumer Price Index sees 3.6 per cent rise
The Consumer Price Index rose by 3.6 per cent in June, indicating that inflationary pressures have abated.
— New Straits Times

Asia Inc perpetual bonds have bumper year as Softbank joins ranks
Asia Inc‘s scramble to lock in low interest rates and investors’ thirst for a steady stream of income have boosted perpetual bond issuance in the region to a record this year, led by a clutch of jumbo deals from ChemChina to Japan’s SoftBank.
— DealStreetAsia

U Mobile provides mobile connectivity to G3 Global
G3 Global Bhd’s wholly-owned unit, Atilze Digital Sdn Bhd, has teamed up with U Mobile Sdn Bhd for mobile connectivity.
— The Edge Markets

RM140.53 mil worth of affordable houses to be built in Melaka
Up to 801 houses affiliated with two affordable home projects valued at RM140.53 million would be built in Alor Gajah and Melaka Tengah districts.
— The Edge Markets

Malaysia poised to become Asean, China economic corridor
Malaysia, with its strong economic fundamentals and strategic geographical location, is expected to become an important economic corridor for Asean and China over the next five years, said IQI Group Holdings chief economist, Shan Saeed.
— The Borneo Post

Malaysian ports’ prospects expected to remain healthy
RAM Rating Services Bhd (RAM Ratings) expects container and cargo handling prospects of Malaysian ports to remain healthy this year, in line with the gradual global economic recovery.
— The Sun Daily

Malaysia has right foundation to successfully implement UN’s SDG
Malaysia has all the right foundation for the successful implementation of the United Nation’s (UN) Sustainable Development Goals (SDG), says Minister in the Prime Minister’s Department Datuk Seri Abdul Rahman Dahlan.
— The Sun Daily

mTouche taps into Southeast Asian, Hong Kong digital advertising market
Mobile value-added services and digital media marketing firm mTouche Technology Bhd has inked a comprehensive master collaboration partnership agreement with Advanced Platform Sdn Bhd to tap into the digital media advertising market in Southeast Asia and Hong Kong.
— The Sun Daily

Thai-Malaysian armies attend LWG Meeting
Thai-Malaysian Armies attended the first Thai-Malaysian Land Working Group (LWG) in 2017, to tackle security issues along the Thai-Malaysian border.
— NNT

Malaysia Education Fair in Nepal starts Friday
Study Plus is organizing the tenth Malaysia Education Fair in Nepal with the support from the Embassy of Malaysia, Nepal on Friday and Saturday.
— My Republica

Action required to catalyse debit card usage in Malaysia
Malaysia intends to leverage debit cards to bolster cashless transactions and for financial inclusion of its remaining eight per cent unbanked population.
— The Borneo Post

Neutral on Axiata following call-off review of stakes in M1 Limited
The decision by Axiata Group Bhd (Axiata), Keppel Telecommunications & Transportation Ltd (Keppel) and Singapore Press Holdings Limited’s (Singapore Press) to not proceed with the strategic review of their stakes in M1 Limited (M1) has garnered a neutral view from AmInvestment Bank Bhd (AmInvestment Bank).
— The Borneo Post

Media practitioners must keep up with changing technology
The job of media practitioners is getting more complex in the advent of technology, hence the Malaysian Media Awards 2017 this Friday will recognise media specialists and buyers for their creative use of the right advertising platforms, in line with changing times.
— The Sun Daily

All-New CRV Achieves Two Months Sales Target Within A Week
Honda Malaysia Sdn Bhd received 1,400 bookings for theFifth Generation All-New CR-V within a week of its launch on July 12, equivalent to two months of its sales target set for the model.
— Malaysian Digest

IJM Corp’s Outstanding Orderbook Hits Record RM9 Billion Level
IJM Corp Bhd’s latest construction job win has lifted its outstanding orderbook to above RM9 billion, further enhancing its medium-term earnings visibility.
— Malaysian Digest

EVEN AS CHINA PROPERTY BUBBLE STARTS TO CRACK, CIMB RESEARCH CHIEF SAYS ‘DON’T OPPOSE INVESTMENTS IF PROJECTS VIABLE’: BUT WHAT IF PARTIES RUN OUT OF MONEY MIDWAY?
Malaysia should not shy away from investments from China or any other country if a proposed project is viable, said CIMB Asean Research Institute (CARI) chairman Tan Sri Dr Munir Majid.
— Malaysia Chronicle

‘Caning move is against national obligations’
The Kelantan government’s move to impose public caning for syariah offences runs contrary to the international human rights treaties of which Malaysia is a party to.
— The Star Online

Feature photo John Walker
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Malaysia morning news is published M-F by AEC News Today: Governance, not government; policies not politics.

Malaysia Morning News For July 20 added by Leakhena Khat on July 20, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.