Malaysia Morning News For December 14

Malaysia Morning News For December 14

Malaysia morning newsMalaysian party calls for boycott of products linked to Israel over Jerusalem issue
A Malaysian party said on Wednesday (Dec 13) it will launch a campaign to urge businesses and the public to boycott products with links to Israel, in light of the United States’ recognition of Jerusalem as Israel’s capital.
— Channel News Asia

Zimbabwe seizes $500,000 worth of ivory on way to Malaysia
Zimbabwe’s parks agency says it has seized 200 kilograms (440 pounds) of ivory destined for Malaysia.
— The Washington Post

Malaysia’s long-term potential growth to stay robust
Malaysia will be able to maintain its strong growth trend with the economy’s long-term potential growth to stay robust at around 5%, significantly stronger than most other A-rated sovereigns, says Moody’s Investors Service.
— The Star Online

Malaysia to benefit from increased green investments demand — RAM Ratings
Malaysia’s bond and sukuk markets are well-established and poised to benefit from an anticipated growth in green investments, said RAM Rating Services Bhd.
— The Edge Markets

Malaysia Urges Asia-Pacific Nations To Be Alert On Water Security
Malaysia urged Asia-Pacific nations to immediately place water security as part of the national sustainable development agenda since water scarcity is a major issue worldwide.
— Malaysia Digest

Malaysia’s Defense Minister Hishammuddin Tun Hussein said that the Malaysian armed forces are ready to be sent to Jerusalem to assist the Palestinian cause if needed, local media reported on Saturday.
— The Jerusalem Post

Malaysian brands on the radar of foreign investors
Malaysian companies have been increasingly been targeted for acquisitions and joint ventures by foreign investors looking for expansion in Southeast Asia.
— Nikkei Asian Review

Malaysians continue to spend beyond their means
Every month, Liana Athirah forks out half of her salary on paying for her Toyota Vios, house rental, utility bills and necessities.
— Free Malaysia Today

Malaysia’s AmBank weighs general insurance biz sale for up to US$500mil -sources
Malaysia’s AMMB Holdings (AmBank) Bhd is weighing a sale of its general insurance business as part of a move to exit non-core businesses and focus on its main bank operations, said three people with knowledge of the development.
— The Star Online

Maybank buys PNB’s mutual funds in Malaysia and Singapore for RM51m
Malayan Banking Bhd’s (Maybank) wholly owned subsidiary, Maybank Asset Management Group Bhd, is acquiring Permodalan Nasional Bhd’s (PNB) mutual fund business in Malaysia and Singapore for RM51 million.
— New Straits Times

Malaysia’s Zoom wins big at Asean Rice Bowl Startup Awards
Malaysian on-demand delivery startup Zoom emerged the region’s best and walked away with the coveted Startup of the Year award at the Asean Rice Bowl Startup Awards on Wednesday.
— The Star Online

Malaysia’s AirAsia Unveils Leadership Changes
Malaysia’s AirAsia Bhd. (5099.KU), Asia’s largest low-cost airline by passenger volume, announced a slew of senior leadership changes as part of its growth strategy.
— Fox Business

IRB slaps Aeon Credit with RM97mil additional tax bill
Aeon Credit Service Bhd said it had been served with notices of additional assessment and penalties totalling almost RM97mil from the taxman.
— The Star Online

Malaysia Airlines partners with Amadeus to take personalisation to the next level
MALAYSIA Airlines has partnered global travel technology leader Amadeus IT Group SA to personalise services, allowing for customer’s needs to be met more effectively and efficiently.
— New Straits Times

Uber sees healthy e-hailing market in Kuching
Kuching has a healthy e-hailing market as it currently has a balanced demand and supply of driver-partners and riders, Uber observed.
— The Borneo Post

Malaysia news portal probed in new media ‘harassment’
A leading Malaysian news portal said Wednesday (Dec 13) it was under investigation over an article critical of a government inquiry, sparking fresh claims of official “harassment” of online media.
— Channel News Asia


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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