Malaysia Morning News For December 11

Malaysia Morning News For December 11

Malaysia morning newsMalaysia’s oil and gas players facing problems getting financing
Banks have been more cautious in their lending to the oil and gas (O&G) sector in recent years, forcing some to venture abroad, a report in The Edge Malaysia said.
— Free Malaysia Today

United Nations Adopts Malaysia’s Resolution Of Moderation
Malaysia created history at the United Nations (UN), when the world body adopted Malaysia’s resolution of moderation at its 72nd session of the General Assembly, here, today.
— Malaysian Digest

McDonald’s Malaysia denies any links to Israel
The Malaysian franchise of McDonald’s Corp said it was “disappointed” with calls on social media to boycott the fast-food restaurant chain in apparent retaliation against the US’ recognition of Jerusalem as the capital of Israel.
— The Straits Times

Malaysia says army is ‘ready’ for signal on Jerusalem
The Malaysian Armed Forces (MAF) are always ready for the signal and directives from the top leadership and head of state on the issue of Jerusalem.
— Channel News Asia

3 men nabbed for swimming to S’pore from Malaysia
Three men, aged between 22 and 29, were arrested on Saturday for entering Singapore illegally, the police said.
— The Straits Times

Documentary links Jim Thompson’s disappearance in Camerons to CPM
On March 26, 1967, Thailand’s “King of Silk” Jim Thompson went for an afternoon walk in Cameron Highlands and disappeared without any trace, leaving behind one of the most intriguing unsolved mysteries.
— Free Malaysia Today

Liberalisation answer to cheap Internet, says CM
It is possible to provide cheap and widely available high-speed telecommunication and multi-media service in Sarawak if the cost of building the infrastructure and operation could be reduced, said Chief Minister Datuk Patinggi Abang Johari Tun Openg.
— The Borneo Post

Higher tourist arrivals in Penang
A WEAKENED ringgit and attractively priced hotel rates are giving tourist arrivals in Penang a boost. The state is seeing increased number in foreign as well as local tourists.
— The Star Online

Malaysia Airlines to fly Airbus A350 to Auckland, Tokyo
Malaysia Airlines will fly its new Airbus A350 jets to Auckland and Tokyo from 2018, scuppering plans to restart direct flights between Kuala Lumpur and Amsterdam in partnership with KLM.
— Australian Business Traveler

Govt allocates 5.8-acre land along Miri By-Pass road for Christian Ecumenical Centre
The government has approved a 5.8-acre piece of land along Miri By-Pass road last month for the Association of Churches in Sarawak to build the Christian Ecumenical Centre.
— The Borneo Post

Malaysians choose “Road” as Chinese character of the year
The Malaysian people have chosen “Lu,” or “Road” in English, as the Chinese character of the year in 2017, taking cue from the country’s active plan in infrastructure expansion.
— Xinhua Net

Integrated enforcement ensures piracy-free Melaka Strait – Liow
Integrated enforcement conducted along the Strait of Melaka over the past four years, has made the strait a safe sea trading route that is free from piracy threats.
— The Borneo Post

AmBank aims to be one of top 3 premier banks
AmBank (M) Bhd, which wants to grow its priority banking segment to make up 15% of its revenue for retail banking in three years, aims to be the top three premier banks in Malaysia by 2020.
— The Sun Daily

Malaysia Stock Market May Add To Win Streak
The Malaysia stock market has inched higher in two straight sessions, picking up not quite 3 points or 0.1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,720-point plateau and it’s expected to open in the green again on Monday.
— Markets Insider

BLand unit demands payment of RM601m from China firm
Berjaya Land Bhd’s (BLand) 51%-owned subsidiary Berjaya (China) Great Mall Co Ltd (GMOC) has issued a notice of demand to Beijing SkyOcean International Holdings Ltd for RMB974.07 million (RM601.78 million).
— The Sun Daily

 

Feature photo kennethr

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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