Malaysia Morning News For February 9

Malaysia Morning News For February 9

Malaysia morning newsNajib highlights Malaysia’s achievements at World Urban Forum
Prime Minister Datuk Seri Najib Razak today unveiled a list of Malaysia’s successes in managing rapid urbanisation, an achievement he said is backed by strong economic fundamentals.
— New Straits Times

MITI eyes 10,000 e-commerce companies joining DFTZ
The International Trade and Industry Ministry (MITI) is targeting to increase the number of companies coming onboard the Digital Free-Trade Zone (DFTZ) e-commerce platform to about 10,000 by year-end from 1,998 last November.
— New Straits Times

Greater capital inflow from China expected in 2018, says Knight Frank
MALAYSIA can expect greater capital inflow from China’s Belt and Road Initiative (BRI) this year, as the country’s rail and port projects continue to attract Chinese government-linked investors.
— The Malaysian Reserve

Malaysian aerospace eyes RM1b new investments, RM13b revenue this year
Malaysia’s aerospace sector is optimistic of securing RM1 billion new investments and generate RM13 billion revenue this year.
— New Straits Times

World Bank: Malaysia will continue to deliver robust growth
Malaysia will continue to deliver robust growth, well-backed by its diversified economy, a wide range of reform initiatives and strong macroeconomic policy frameworks to withstand external shocks, said World Bank Group.
— The Borneo Post

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Bursa continues to retrace losses, ringgit slides against USD
The local bourse continued to retrace losses as buying interest returned to the market following the sell-down earlier in the week.
— The Star Online

Should the EU stay firm in its Stance on Malaysian Palm Oil?
In late January, European lawmakers approved a new energy plan for the 28-member economic zone that included an impeding ban on the use of palm oil in motor fuels on the continent from 2021 onwards. Malaysian palm oil producers and their allies in government were outraged by the decision, labelling it “crop apartheid.”
— Clean Malaysia

UDA to develop Malay reserve land
UDA Holdings Bhd is in the midst of its plan to develop about 1.62 million hectares of Malay reserve land nationwide following its success in developing idle land in the country.
— The Sun Daily

JPDC assists 50 entrepreneurs with business courses throughout 2017
Johor Petroleum Development Corp Bhd (JPDC) has assisted about 50 entrepreneurs from the areas of Pengerang, Johor throughout 2017, from courses in administration to courses in expanding their businesses.
— New Straits Times

Daya Materials inks MoU with PNG Kumul Petroleum
Daya Materials Bhd has entered into a memorandum of understanding (MoU) with Kumul Petroleum Holdings Ltd (KPHL) for the provision of services and products to KPHL for oil and gas projects in Papua New Guinea (PNG).
— The Sun Daily

Felda to hold special meeting tonight over KLVC project
Felda will act promptly on the directive for action to be taken against those who were negligent in safeguarding its interests and of its investment wing, Felda Investment Corporation Sdn Bhd (FICSB).
— Malay Mail Online

MH370: Malaysian military sidelines crash investigators as power play emerges on search team
A power struggle has emerged in the Malaysian-led investigation into the disappearance of missing Malaysia Airlines flight MH370 over the Indian Ocean four years ago.

Bank Rakyat allocates RM60m on education funding to produce more talents
Bank Rakyat has allocated RM60 million for education funding under the Super High Income Programme (SHIP) managed by Yayasan Peneraju Pendidikan Bumiputera (Yayasan Peneraju).
— New Straits Times


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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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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