Malaysia Morning News For April 3

Malaysia Morning News For April 3

Malaysia morning news

Tier-one US aerospace firm to invest in Malaysia
A tier-one aerospace manufacturer is coming to invest in Malaysia, making it the first tier-one aerospace manufacturer to come to the country after a hiatus of 10 years.
The Star Online

Construction jobs tendered out not hitting targeted RM200bil
The value of construction jobs tendered out in the country for 2016 failed to reach the targeted RM200bil, hitting only RM124.9bil compared to RM139.7bil in 2015.
— The Star Online

CIMB eyes bigger market share in consumer banking, eyes,digital methods
Amid stiff competition in the banking space, CIMB Bank Bhd is aiming for a stronger market share in consumer banking which is a significant contributor to the group’s earnings.
The Star Online

Sarawak’s first int’l digital economy conference raring to go
It’s all system go for this year’s International ICT, Infrastructure and Digital Economy Conference Sarawak (IDECS 2017), a first of such international event to be held in the state.
New Straits Times

Ranhill appoints Ahmad Faizal Abdul Rahman as new CEO
Ranhill Sdn Bhd (SAJ) today announced the appointment of Datuk Ahmad Faizal Abdul Rahman as its new chief executive officer (CEO), effective immediately.
New Straits Times

Minister says people failing to report child sexual crimes must also be punished
People who fail to report child sexual crimes must also be taken to court for abetting, said Women, Family and Community Development Minister Datuk Seri Rohani Abdul Karim.
Malay Mail Online

Second finance minister suggests ‘problem solved’ if Dr M-Nazri debate in hotel
A hotel venue may be the answer to the police permit issue for the twice cancelled debate between Tun Dr Mahathir Mohamad and his critic Datuk Seri Nazri Aziz, Datuk Seri Johari Abdul Ghani suggested today.
Malay Mail Online

Fundraising to get tougher this year as investors get high on caliber: Catcha’s Patrick Grove
Companies in Southeast Asia have to reach out to investors outside the region and educate them on their business if they are looking for big ticket fundings which are hard to come by within Southeast Asia, Patrick Grove, founder and CEO of Malaysian digital firm Catcha Group which has recently closed a $90 million round from global investors for its video streaming service iflix, said in an interaction.
Deal Street Asia

Malaysia: Actis acquires major stake in GHL Systems with $65.5m deal
Growth markets investor Actis had made a significant investment in GHL Systems, a Southeast Asian payments company headquartered in Kuala Lumpur and listed on Bursa Malaysia, following an RM290.24 million ($65.5 million) investment.
Deal Street Asia

Six dead after skidding trailer smashes into car on Malaysia’s North-South highway
Six people in a multi-purpose vehicle (MPV) were killed after a trailer that skidded smashed into the car on the North South Expressed way near the Tanjung Malim exit on Sunday (April 2).
The Straits Times

Malaysia’s medical tourism set to soar, hits RM1bil mark last year
IN January, International Living (IL), an authority on global retirement and relocation opportunities, had put Malaysia in sixth place for its “10 Best Places to Retire” list.
New Straits Times Online

Law Firms in Singapore and Malaysia Launch FinTech Practice
Two law firms in Singapore and Malaysia have launched fintech practices as the growth of the financial technology sector continues to gain pace in both countries.
Cryptocoins news

New range of Benelli motorcycles to arrive from next month
The new Benelli motorcycles, the moped RFS 150i, the touring bike TRK 502 and sport bike 302R, will be available in the market from next month.
The Star Online

CJ WOW SHOP beats target, aims for RM120m in sales this year
WITHIN one year of operation, the home shopping network, CJ WOW SHOP, has recorded sales exceeding RM90 million.
New Straits Times

WI makes solid debut on stock exchange
The highly anticipated listing of Eco World International Bhd on Bursa Malaysia’s Main Market saw the counter open at an 11 sen premium, at RM1.31 apiece, above the retail offer price of RM1.20
— New Straits Times

Malaysians unapologetic about joining Asia’s Next Top Model
Fans of Asia’s Next Top Model will not have one but two local beauties to root for in this year’s competition.
Malay Mail Online

Johari says govt to amend Customs Act 1967 against sale of illicit cigarette
The government will amend the Customs Act 1967 to take action against individuals or those selling illicit cigarettes.
— Malay Mail Online



Feature photo Faixal
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Malaysia morning news is published M-F by AEC News Today: Governance, not government; policies not politics.




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