Malaysia Morning News For October 16

Malaysia Morning News For October 16

Malaysia morning newsMalaysia to build field hospital for Rohingyas
Malaysia has committed to build a field hospital in Cox’s Bazar with the aim of providing better health services for the Rohingya refugees who have fled persecution in the troubled Rakhine state of Myanmar.
Prothom Alo

Budget 2018 to focus on well-being of rakyat
The 2018 Budget, which will be tabled in the Dewan Rakyat on October 27, 2017, will focus on the well-being of the people, especially in dealing with rising cost of living and giving Malaysians more opportunities to venture into entrepreneurial sector.
The Borneo Post

Al Rajhi Bank eyes Asean expansion
Al Rajhi Bank Malaysia outgoing chairman Datuk Seri Dr Nik Norzrul Thani Nik Hassan Thani said his successor would continue with the plan to expand the bank’s operation into the region, targeting neighbouring markets like Singapore and Indonesia.
The Star Online

ISIS militant deported from Malaysia never arrived in Bangladesh
A Bangladeshi man, who was deported from Malaysia over links to Islamic State in Iraq and Syria (ISIS), has gone missing en route to Dhaka.
The Straits Times

Education Malaysia Global Services ready to work with police on visa abuse, says COO
The Education Malaysia Global Services (EMGS) will co-operate with the Royal Malaysia Police on the issue of abusing student visa which pose a serious threat to national security.
Malay Mail Online

Thousands rally in Malaysia to oust premier Najib
Thousands of protesters gathered at an unsanctioned rally on Saturday to demand action against Prime Minister Najib Razak over the mismanagement of billions of dollars by a state fund.

Malaysian stock market may be buoyed by Najib budget
Malaysia’s government spending could revive gains in the stock market that is Southeast Asia’s worst performer despite receiving the most foreign investment in the region.
The Edge Markets

SC: Malaysians should start planning and investing for the future
With the growing sophistication of the capital market, and the increasing number of financial and investment decisions, the Securities Commission Malaysia (SC) urged Malaysians to be more mindful of their financial planning by improving their financial and investment literacy.
The Borneo Post

Malaysia says it does not import instant hotpot already banned in Singapore
The Malaysian Health Ministry on Saturday (Oct 14) clarified that Malaysia does not import the instant food product Ba Shu Hotpot or Ba Shu Lan Ren, which contains meat from China.
Today Online

Robotics competition a platform to produce science, technology experts
The Malaysian Combat Robotics Competition 2017 will be able to promote innovative science engineering and technology among students thereby producing more experts in the field said Deputy Science, Technology and Innovation Minister Datuk Dr Abu Bakar Mohamad Diah.
The Borneo Post

Malaysia Airlines CEO eyes A330neo tests as order decision nears
Malaysia Airlines is watching the testing of the Airbus A330neo due to enter service next year as it evaluates an order for around 30 long-haul aircraft, CEO Peter Bellew said on Friday.
The Sun Daily

Three more SMEs to be listed on Leap Market by year-end
At least three more small and medium enterprises (SMEs) are expected to be listed on Bursa Malaysia Bhd’s Leading Entrepreneur Accelerator Platform (Leap) Market by year-end, said chief executive officer Datuk Seri Tajuddin Atan.
The Star Online

Bursa M’sia expected to trend lower next week
The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend lower next week and in cautious mode, with the benchmark index moving between 1,740 and 1,750, as concerns over a US possible interest rate increase in Dec continues to dominate sentiment in the equities market.
The Sun Daily

Kim Loong to expand into bio-gas power supply soon
Kim Loong Resources ’s expansion plan to supply biogas-based power for sale to Tenaga Nasional Bhd’s electricity grid is poised to take off soon.
The Star Online

RAM reaffirms Sarawak Hidro ratings
RAM Ratings has reaffirmed the AAA/Stable rating of Sarawak Hidro Sdn Bhd’s (Sarawak Hidro) RM5.54 billion Sukuk Murabahah (2016/2031).
The Borneo Post

Malaysia shares may follow US inflation cue
Malaysian shares may today track Asian equity futures gains after the US’ reported on Friday its September inflation data, which was below market forecast.
The Edge Markets

Manufacturing sector may moderate in near term
The manufacturing sector could see a moderation in the near term despite favourable numbers seen in the August’s Industrial Production Index (IPI), which saw a year-on-year increase of 6.8% thanks to strong growth recorded in the manufacturing sector.
The Sun Daily

Second wind for glove makers
Rubber glove makers are winning back some love from the market, thanks to China.
The Star Online

Why is Qatar’s emir visiting Malaysia?
Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, is in Malaysia for a two-day state visit, accompanied by a business delegation and cabinet members.

Malaysia the land of their dreams
For many of the Rohingya refugees cramped in the squalid camps at the Myanmar-Bangladesh border, one country looms large – Malaysia.
The Star Online


Feature photo World Bank Photo Collection/Nafise Motlaq
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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