Malaysia Morning News For February 20

Malaysia to continue dominating global glove market, says Mah
Given the strong export performance in 2017, Malaysia is expected to continue dominating the world market for rubber gloves, especially medical gloves, for use in the healthcare sector.
— The Star Online

Local newspaper companies likely to raise cover prices
Local newspaper companies are likely to raise their cover prices after Media Chinese International Ltd said it would increase the cover price of its flagship newspaper Shin Chew Daily by 20 sen to RM1.50 effective March 1.
— New Straits Times

Malaysia’s timber exports to increase 5pc this year
Malaysia’s timber exports are expected to increase five per cent this year from RM23.22 billion in 2017, Malaysian Timber Industry Board (MTIB) Director-General Datuk Dr Jalaluddin Harun said.
— Malay Mail Online

Gas Malaysia earnings forecasts upgraded
Analysts have revised earnings forecast for Gas Malaysia Bhd upwards, following a strong fourth-quarter earnings performance, which beat consensus expectations.
— The Sun Daily

Malaysia is the Largest Importer Country of Products from North Sulawesi
Malaysia is the largest importer country of products from North Sulawesi Province in January 2018.
— Netral News

Feb 19: Bursa Malaysia opens higher
Bursa Malaysia opened higher today after the Chinese New Year break, on continued positive sentiment, brought on by Malaysia’s strong gross domestic product figure announced last week, dealers said.
— New Straits Times

Retail investors to bear brunt if cryptocurrencies fall sharply, says S&P
S&P Market Intelligence views cryptocurrencies as a speculative instrument that would have an insignificant effect on global financial stability if its value were to collapse.
— The Star Online

Bank Rakyat cancels LOI issued to Microlink
Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has cancelled a non-binding letter of intent (LOI) issued to Microlink Solutions Bhd to improve its core banking system.
— The Sun Daily

Zelan Narrows Pre-Tax Loss To RM64.84 Mln In FY17
Zelan Bhd has narrowed its pre-tax loss for the financial year ended Dec 31, 2017 to RM64.84 million from a pre-tax loss of RM67.06 million in 2016.
— Malaysian Digest

GE14 to be held before Aidilfitri, hints Malaysia’s DPM
Malaysia’s Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi has provided another clue as to when the country’s 14th general election will likely be held.
— Business Insider

Sustainability: 2050 food challenge
GLOBALLY, 800 million out of 7.6 billion people suffer from hunger.
— New Straits Times

Election fever pushing up politically-linked stocks
With election fever heating up, stocks that are politically-linked have started showing signs of strength despite the volatile global market.
— The Star Online

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