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China’s Belt and Road Initiative opens up opportunities for Chinese firms to expand here, says Citi Malaysia
The Belt and Road Initiative (BRI) will open new opportunities for more investors from China to expand their operations in Malaysia, Citi Bhd (Citi Malaysia) chief executive officer (CEO) Lee Lung Nien said, noting that the two countries have a strong history of bilateral trade and cultural relevance.
— The Edge Markets

Increasing airport tax removes incentive for foreigners to use klia2
It is the normal practice for airports around the world to levy the passenger service charge (PSC), also known as airport tax.
— Free Malaysia Today

Challenging year for Labuan’s oil and gas in 2017
The year 2017 has been a challenging one for Malaysia’s oil and gas (O&G) hub of Labuan, with the island’s key engine of economic growth continuing to run at a slow pace.
— The Borneo Post

UN endorses stand on moderation
FRIDAY Dec 8, 2017 was a landmark date for the movement of moderation when the United Nations, at the 72nd General Assembly, adopted a resolution tabled by Malaysia, and co-sponsored by 29 member nations.
— New Straits Times

Malaysia’s electoral system must now change
The Coalition for Clean and Fair Elections 2.0 (Bersih 2.0) calls upon all democracy-loving Malaysians to strive to change the country’s electoral system after the Selangor state government lost its bid to challenge the delineation proposal by the Electoral Commission in the Kuala Lumpur High Court.
— Aliran

Malaysia to open embassy in Palestine, al-Quds
The Malaysian deputy prime minister said that his country would follow Turkey in opening embassy in east Jerusalem to recognize the holy city as the capital of Palestine.
— MEHR News Agency

Deputy minister: Malaysia not afraid to champion Muslims in Palestine
Although Malaysia’s stance in rejecting United States action to recognise Jerusalem as the capital of Israel will have an impact on the country’s economy to some extent but the government is not afraid to champion the rights of Muslims in Palestine.
— Malay Mail Online

Green University signs MoU with Binary University, Malaysia
A Memorandum of Understanding (MoU) was signed between Green University of Bangladesh (GUB) and Binary University, Malaysia, to create and enhance the academic relationship between the two universities.
— The Daily Star

Malaysia Airports apologises for Christmas greeting spelling error
Malaysia Airports has apologised on Sunday (Dec 24) for spelling errors on Christmas greeting banners at an airport in Kota Baru.
— Channel News Asia

Bangladesh-Malaysia chamber elects new committee
Syed Moazzam Hossain, managing director of SMH Engineering Limited, has been elected president of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI).
— Prothom Alo

Eco-friendly project with innovative concept
BUSINESS parks in Malaysia have shown positive developments since the 1990s and are increasing their level of competitiveness.
— New Straits Times

Bursa Malaysia to move upwards with fund inflow next week
Bursa Malaysia is expected to move upwards, supported by the firmer ringgit against the US dollar and the continuation of foreign fund inflow, said a dealer.
— The Sun Daily

Ringgit to strengthen further against US Dollar
The ringgit is expected to strengthen further next week amid the likelihood of interest rate hike in early 2018, said dealers.
— New Straits Times

Malaysia Airlines Receives Second A350 XWB
Malaysia Airlines Bhd (MAS) has received its second A350-900 aircraft with the special Negaraku livery.
— New Straits Times

NIA set to seek Zakir Naik’s provisional arrest in Malaysia
The National Investigation Agency (NIA) will move a request for provisional arrest of controversial televangelist Zakir Naik, believed to be in Malaysia, apart from submitting a fresh plea to Interpol on Tuesday for a red corner notice (RCN) against him.
— The Times of India

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Malaysia morning news by AEC News Today is your one stop source for Malaysia news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

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