Malaysia Morning News For April 19

Malaysia Morning News For April 19

Malaysia morning news

Research houses lauds central bank’s monetary measures
Research houses have lauded Bank Negara Malaysia’s latest monetary measures, saying they are expected to improve bond market liquidity, ease hedging activities and revive investors’ confidence.
New Straits Times

Mier: Ringgit’s fair value is 4.20 against US$
The ringgit’s fair value is at about 4.20 against the US dollar, but there are no indications that the currency will improve in the near future, said the Malaysian Institute of Economic Research (Mier).
The Star Online

M’sian banks spend only 3% of staff payroll on training – BNM
The Malaysian banking industry, on average, only allocates around 3% of employee payroll for their annual training expenditure, said Bank Negara Malaysia governor Datuk Muhammad Ibrahim.
The Star Online

MAS will soon be able to track aircraft real time, globally
All Malaysia Airlines aircraft will soon have access to minute-by-minute, 100 per cent global, flight tracking data, delivered by SITAONAIR’s AIRCOM FlightTracker.
New Straits Times

Malaysian property prices remain steady
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units.
The Star Online

Najib to unveil Bumiputera Economic Transformation Roadmap 2.0
Prime Minister Datuk Seri Najib Razak will unveil the Bumiputera Economic Transformation Roadmap (BETR) 2.0 tomorrow in the quest to strengthen the economic participation of the community.
Malay Mail Online

Malaysia: Navis Capital-backed Village Grocer acquires smaller rival BIG
Malaysia’s Village Grocer, a premium grocery brand owned by Navis Capital Partners, is acquiring smaller domestic rival Bens Independent Grocer (BIG) in a bolt-on acquisition.
Deal Street Asia

Malaysia: KWAP picks $100m stake in Axiata’s telco infra unit
Malaysia’s pension fund Kumpulan Wang Persaraan (KWAP) has acquired a $100 million stake in edotco, a wholly-owned subsidiary of mobile network operator Axiata Group Bhd.
Deal Street Asia

Nearly 300 North Koreans surrender in Malaysia for overstaying
Malaysia said on Tuesday 296 North Koreans had surrendered to authorities over the last week, as it enforces new visa requirements following a dispute over the murder of the half-brother of North Korea’s leader.
Channel NewsAsia

What a waste: Malaysia’s struggle with excess food
The 88-storey Petronas Twin Towers are among the tallest buildings in the world, looming over Kuala Lumpur at 1,483 feet. Now, imagine if both those towers were filled to the brim with food.
Channel NewsAsia

Govt report shows property market slid 11.5pc in volume in 2016
The property market continued to soften last year after the total transactions in volume and value decreased to 320,000 and RM145 billion, a government report revealed today.
Malay Mail Online

Malaysian palm oil price hits 8-month low on concerns over rising output
Malaysian palm oil futures fell on Tuesday, recording a fifth consecutive session of losses, weighed down by forecasts of rising output and tracking weaker performing rival oils.
The Star Online

14 Teras firms likely to seal RM2b DEALS
A total of RM2 billion worth of deals involving Bumiputera companies under the High-performing Bumiputera Companies (Teras) programme are expected to materialise at the two-day Memacu Agenda Bumiputera 2017 (Driving Bumiputera Agenda) exhibition.
New Straits Times

SP Setia secures popular Singapore land
SP Setia Bhd has won the bid to buy the popular Toh Tuck Road site in Singapore for S$265 million (RM836 million).
New Straits Times

MAS is first airline to track fleet with satellites
Malaysia Air, which lost a wide-body jet with 239 people aboard three years ago in one of history’s most enduring aviation mysteries, has become the first airline to sign an agreement for space-based flight tracking of its aircraft.
Malay Mail Online

Deputy minister: Malaysia’s pragmatic approach helped resolve N. Korea diplomatic crisis
Malaysia’s pragmatic approach enabled the diplomatic crisis between Kuala Lumpur-Pyongyang recently to be resolved without the need for involvement of third parties, said Deputy Foreign Minister Datuk Seri Reezal Merican Naina Merican.
Malay Mail Online

Malaysia’s Pragmatic Approach Enabled Jong-Nam Issue To Be Settled Without Third Party Involvement
Malaysia”s pragmatic approach enabled the diplomatic crisis between Kuala Lumpur-Pyongyang recently to be resolved without the need for involvement of third parties, said Deputy Foreign Minister Datuk Seri Reezal Merican Naina Merican.
malaysiandigest.com

 

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Vat Vin

Vat Vin

Vat Vin graduated from the University of Cambodia with a major in Economics. He previously worked as a business writer and journalist at Business Cambodia and as a copy writer at The Source and Solution Group before joining AEC News Today.
Vat Vin

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