Malaysia Morning News For July 16

Malaysia Morning News For July 16
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Malaysia morning newsMalaysia’s new central bank head is a buy signal
Investors should give Mahathir more credit following Nor Shamsiah’s appointment.
— Nikkei Asian Review (paywall)

Aerospace sector to rake in RM55b in revenue by 2030
The Malaysian Investment Development Authority (Mida) which is collaborating with Malaysia Airports Holdings Bhd (MAHB) to promote and facilitate economic activities to drive investments into the country, projects the aerospace sector to rake in some RM55.2 billion in revenue by 2030.
— The Sun Daily

Malaysian PM Mahathir on Pacquiao fight: It’s a historic day for Malaysia
Malaysian Prime Minister Mahathir Mohamad deemed the victory of Manny Pacquiao against Argentinian boxer Lucas Matthysse as a “historic day” for Malaysia.
— GMA News

Airbus near blockbuster US$23 billion jet sale to AirAsia
Airbus SE is closing in on a blockbuster agreement to sell US$23 billion worth of aircraft, based on list prices, to AirAsia Group Bhd., according to people familiar with the matter.
— New Straits Times

Malaysia’s new parliament: 7 things to look out for
The first session of Malaysia’s new parliament kicks off on Monday, two months after a historic election result ended 60 years of Barisan Nasional (BN) domination and replaced it with a coalition led by veteran politician Mahathir Mohamad, spelling a new era for the country.

Is the Malaysian government against innovation and disruption?
IF the government wants to send the message that it is not serious about innovation, it is doing a good job.
— Digital NewsAsia

More renewable energy projects expected in near term
More renewable energy (RE) projects are expected to come up for bids in the near term as the new Energy, Green Technology, Science, Climate Change and Environment Ministry is committed to push up the nation’s RE capacity.
— The Sun Daily

40 stunning free photos of Malaysia
Using great pictures is a key point for any marketing activity to present a professional and appealing message to potential customers.
— Asean Up

FedEx Malaysia adds Boeing 767 freighter to enhance delivery operation
FedEx Express (FedEx), a subsidiary of FedEx Corp, has upgraded its aircraft fleet with the introduction of the Boeing 767-300 Freighter (B767F) in Malaysia.
— New Straits Times

Proton aims to reclaim pole position in Malaysian auto market
A COMPLETE mindset change must precede Perusahaan Otomobil Nasional Bhd’s (Proton) plans to recover lost ground in Malaysia.
— The Nation

Pacquiao donates training camp equipment to Malaysia
The newly crowned World Boxing Association (WBA) welterweight champion, Manny Pacquiao, is donating the training camp equipment he used for his “Fight of the Champions” to the government of Malaysia.
— Channel NewsAsia

Malaysia may get yet another tallest building
Malaysia may get yet another tallest building – tentatively dubbed ‘Tower M’ – after 2030, according to The Edge Property.
— Malaysia Kini

Malaysia PM Mahathir confirms ex-judge Mohamad Ariff to be nominated as Parliament Speaker
Malaysian Prime Minister Mahathir Mohamad on Sunday (July 15) confirmed that former Court of Appeal judge Mohamad Ariff Md Yusof would be nominated to be Parliament Speaker when the first session of the country’s new Parliament convenes on Monday (July 16).
— The Straits Times

Embraer bullish on helping airlines growing regional routes
Brazilian aerospace conglomerate, Embraer sees Southeast Asia region as a positive market for its narrow-body commercial aircraft, despite the dominance of Airbus and Boeing in the region.
— New Straits Times

Right products, locations and prices would attract home buyers: UEM Sunrise
UEM Sunrise Bhd believed right products at the right locations with attractive prices would bring in customers, amid the challenging property market.
— New Straits Times

What may be in store in the Malaysian markets next week
Buying momentum on Bursa Malaysia is expected to continue next week, in line with the global equities on lack of worries over trade war between the United States and China.
— The Star Online

Ringgit to strengthen to 4.0 next week
The ringgit is expected to strengthen to the 4.0 level next week on improved oil prices, said Hermana Capital Bhd Chief Executive Officer and Chief Investment Officer Datuk Dr Nazri Khan Adam Khan.
— The Sun Daily

SD Property in talks with several investors to develop Malaysia Vision Valley
Sime Darby Property Bhd (SD Property) is currently in talks with several investors to develop the Malaysia Vision Valley (MVV) with the immediate development being a high-tech industrial park.
— New Straits Times

CIMB clinches 12 prestigious awards at The Asset Triple A Islamic Finance Awards 2018
CIMB Group (CIMB) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including ‘Sukuk Adviser of the Year in Asia Pacific’ for the seventh year in a row and Best Islamic Investment Bank in Asia Pacific for the ninth time in the last 10 years.
— The Borneo Post

GLC senior managers’ pay should commensurate with duties
In order to run government-linked companies (GLCs) professionally, their senior manager salaries should not be set above or below market rates; instead, they should be competitive in line with the challenges and responsibilities tasked in managing businesses of similar importance and size.
— The Sun Daily

Russia called to ‘account for role’ in MH17 tragedy
G7 ministers say a joint investigation into the crash has yielded ‘compelling, significant and deeply disturbing’ findings on Russia’s involvement.
— Free Malaysia Today


Feature photo Andrew H


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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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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