Malaysia Morning News For May 25

Maybank 1st-Quarter Net Profit Up 19.3% to MYR1.70 Billion; Beats Forecast
Malayan Banking Bhd. (1155.KU), known as Maybank, said first-quarter net profit rose 19.3% from a year ago on a decline in allowances for impairment losses and a rise in net interest and Islamic banking income.
– The Star Online

Cambodia lifts freeze on maids to Malaysia
Cambodia has lifted a six-year freeze on its citizens working in Malaysia as maids, with the first group of workers expected to arrive here after Hari Raya Aidilfitri.
– FMT

No oil in Penang waters, says exco
There is no oil in Penang waters, an exco man told the state assembly today, following a DAP rep’s suggestion to halt reclamation and rely on possible oil reserves in the state’s waters for revenue.
– FMT

Bank Negara to introduce more rules to strengthen banking system
Bank Negara Malaysia (BNM) will introduce more regulatory measures over next seven months to strengthen banking system, says its Governor Datuk Muhammad Ibrahim
– The Star Online

Survey shows Najib leads as next PM choice at 31pc, Anwar at 8pc
Datuk Seri Najib Razak remains the top choice to be the next prime minister at 31 per cent while his key political rival Datuk Seri Anwar Ibrahim only scored a miserly 8 per cent support in the latest survey of 17,962 voters carried out by a PKR-linked outfit.
– MALAY MAIL ONLINE

Govt’s open data bank will boost innovation, says Zahid
he Malaysian Open Data is an initiative by the government to share its data for more accurate analysis.
– FMT

Maybank leads 14 Malaysian firms on Forbes Global 2000 list
Malayan Banking Bhd leads the 14 Malaysian companies that have made it into this year’s Forbes Global 2000 list.
– FMT

Dr M cries over Proton deal with Chinese firm
Tun Dr Mahathir Mohamad lamented today over the sale of a 49.9 per cent stake in Malaysia’s national carmaker Proton, once the country’s source of pride, to Chinese automaker Zhejiang Geely Holding Group.
– MALAY MAIL ONLINE

Malaysia can be leader in cyber security after Singapore, expert predicts
Malaysia can be a leading player in Asia for cyber security after Singapore, an expert said today.
– MALAY MAIL ONLINE

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

Malaysia Morning News For May 25 added by John Le Fevre on May 25, 2017
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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.