Malaysia Morning News For October 12

Malaysia Morning News For October 12

Malaysia morning newsMalaysia-Taiwan trade to exceed US$17b this year
Malaysia-Taiwan bilateral trade can exceed US$17 billion this year, said Representative James Chang Chi-ping from the Taipei Economic and Cultural Office in Malaysia.
The Star Online

MAHB to introduce airside transfer at KLIA, klia2 next year
Malaysia Airports Holdings Bhd (MAHB) will introduce the “airside transfer check-in service” at the Kuala Lumpur International Airport (KLIA) and klia2 from next year.
The Star Online

Malaysia addresses inaccurate claims in draft EU environment report on palm oil
Malaysia is addressing numerous ‘inaccurate’ interventions on the European Parliament’s draft on the environmental impact of palm oil consumption and on existing sustainability standard that will be recorded by Friday.
The Edge Markets

Delegation to meet European parliament members on palm oil
A Malaysian Palm Oil Board (MPOB) delegation is set to meet members of the European Parliament in Brussels next week to address issues pertinent to palm oil.
The Borneo Post

MACC to name the top 10 most corrupt ministries
The Malaysian Anti-Corruption Commission (MACC) is adopting a new mechanism to fight corruption in the public sector – to name and shame the guilty.
Free Malaysia Today

Malaysia launches Infringing Website List initiative to combat digital piracy
Malaysia is now the third country in the Asia Pacific region to launch the Infringing Website List (IWL) initiative in the effort to combat digital piracy of copyrighted content such as music, films, software, broadcasts and books.
South China Morning Post

UK trade mission leverages on Malaysia’s tech future
FORTY technology companies from the United Kingdom were in Malaysia from Oct 9 to 11 as part of the UK Mega Tech Mission organised by the UK’s Department of International Trade and the Malaysia Digital Economy Corporation (MDEC).
Digital News Asia

Malaysia to issue more green sukuk for infra projects
Malaysia will issue more green sukuk to finance environmental-friendly infrastructure projects, and subsequently bolster its position as the key driver in the green Islamic financial market.
New Straits Times

AKPK helps 14,688 individuals settle debts totalling RM593mil
The Credit Counselling and Debt Management Agency (AKPK) has helped 14,688 individuals fully settle their debts totalling RM593mil via its debt management programme (DMP) as at Sept 30.
The Start Online

Malaysian palm oil price edges up on stronger demand
Malaysian palm oil futures ended slightly higher on Wednesday, supported by a stronger export outlook and technical buying, though gains were capped by expectations of rising production in October.
The Star Online

TNB to develop RM200m waste heat recovery power plant
Tenaga Nasional Bhd (TNB) and Cement Industries Malaysia Bhd’s (CIMA) subsidiaries have entered into an agreement to produce power from waste heat.
The Sun Daily

George Kent partners Siemens for KL-Singapore High Speed Rail tender
George Kent (Malaysia) Bhd said it will be partnering with technology company Siemens Aktiengesellschaft, Germany and Siemens Pte Ltd, Singapore for the Kuala Lumpur–Singapore High Speed Rail (HSR) tender.
The Sun Daily

MAHB’s October passenger growth to see boost from China’s Golden Week
While Malaysia Airports Holdings Bhd’s (MAHB) passenger growth for its first nine months of 2017 (9M17) came within expectations, analysts are projecting October numbers to be better on the back of China’s Golden Week.
The Borneo Post

MAS to set up new airline to focus on Haj pilgrims by year end, says CEO
Malaysia Airlines Bhd (MAS) is looking to set up a new airline dedicated to ferry Haj pilgrims to the Middle East, Peter Bellew, MAS’ chief executive officer said at the sidelines of a media visit yesterday to Airbus’ premises in Toulouse, France.
The Edge Markets

Singapore to attend launch of Trilateral Air Patrol in Malaysia
enior Minister of State for Defence Dr Mohamad Maliki Osman will attend the launch ceremony of the Trilateral Air Patrol (TAP) by Indonesia, Malaysia and the Philippines at the Subang Air Base in Malaysia on Oct 12 (Thursday).
Channel News Asia

AirAsia named Malaysia’s Best Company in Investor Relations
AirAsia Berhad, the world’s best low cost airline has been named Malaysia’s Best Company for Investor Relations (IR) this year.
New Straits Times

Malaysia is Perfect ‘Test Bed’ for FinTech Development: Central Bank
Malaysia’s central bank has said that the country is the ideal ‘test bed’ for developing financial technology (fintech) solutions.
Cryptocoins News

Malaysia Stock Market May Halt Losing Streak
The Malaysia stock market has fallen lower in back-to-back sessions, dipping almost 7 points or 0.4 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,755-point plateau although it may find traction on Thursday.

Knight Frank sees rise in KL prime office rental for next 3 years, attractive for MNCs
The Kuala Lumpur skyline will continue to change as more skyscrapers are completed over the next three years, raising the benchmark of premium grade office space in the city.
The Sun Daily

No more room for error in FGV
WHEN Felda Global Ventures Holdings Bhd (FGV) announced on Monday that its president and CEO Datuk Zakaria Arshad was returning to his duties at the start of next week, the news brought to an end one of the most volatile episodes of a boardroom fight in recent times.
The Star Online

Genting issues additional RM2.1 billion notes to refinance borrowings, fund Resorts World Las Vegas
Genting Bhd is issuing an additional US$500 million (RM2.11 billion) notes to refinance its borrowings and fund the development of the Resorts World Las Vegas.
The Sun Daily

Policy error by US Fed is biggest fear in 2018, says Ambank Research
AmBank Research expects the US equities market to remain healthy despite factoring in 2-3 rate hikes in 2018.
The Edge Markets

Bridge to foreign education in Malaysia
The Malaysia Education Lead Meet organised by Fast Track Education Services Limited is a yearly event which is set out to enable students to make better plans and informed decisions regarding their higher studies in Malaysia.
The Daily Star

Wiser Malaysia to tread with caution against China
Malaysia have learned their lessons and will not take China lightly in their opening Asia Cup Group B match at the Maulana Bhasani National Hockey Stadium in Dhaka, Bangladesh, today.
The Star Online


Feature photo World Bank Photo Collection/Trinn Suwannapha
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 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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