Malaysia Morning News For December 28

Malaysia Morning News For December 28
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Malaysia morning newsUK firms eye rail jobs in Malaysia
THE UK’s engineering consultants are tendering and hopeful of clinching highly-skilled and specialised rail job packages in Malaysia.
— New Straits Times

Malaysia has lowest poverty rate in S-E Asia – Salleh
The Central Intelligence Agency (CIA) World Factbook 2017 has reported that Malaysia’s poverty rate is the lowest among South-East Asian countries, said Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak.
— The Star Online

Malaysia’s 1MDB settles debt owed to Abu Dhabi with China backing
State-owned 1Malaysia Development Berhad (1MDB) has made the final settlement of US$602.7 million ($S810 million) in debt obligations to Abu Dhabi’s International Petroleum Investment Company (IPIC), by divesting its stake in two companies to buyers linked to Chinese state-owned enterprises.
— The Straits Times

S. Korea exports dairy cattle semen to Malaysia in Asean first
SOUTH Korea’s agricultural cooperative said today it has exported dairy cattle semen to Malaysia and Uganda for artificial insemination, reported the South’s Yonhap news agency.
— The Malaysian Insight

Sri Lanka-Malaysia Business Council holds business meeting
The Sri Lanka-Malaysia Business Council of the Ceylon Chamber of Commerce had a business meeting with members of the Malaysia-Sri Lanka Business Chamber on December 18th, at the Ceylon Chamber of Commerce.
— Daily Mirror

Australian woman escapes death in Malaysia drugs case
An Australian grandmother who said she was tricked into smuggling drugs into Malaysia after falling for an online romance scam was Wednesday cleared of trafficking, a crime punishable by death.
— The Star Online

Nepal court allows Axiata’s Ncell to repatriate dividend earnings
The Supreme Court of Nepal has ruled in favour of Axiata Group Bhd’s 80%-owned subsidiary Ncell Pvt Ltd, allowing the Malaysian telco giant to repatriate dividends earned by its unit out of Nepal to the tune of 72 billion rupees (RM2.84 billion) following a legal tussle on capital gains tax settlements.
— The Sun Daily

Malaysia’s TRL brings Musang King durian and other exotic fruits to global market
Company, specialising in fresh tropical produce, sources its products from joint-venture partner farms in Malaysia, Indonesia, Vietnam and Thailand.
— South China Morning Post

Konica Minolta Installs First MGI JetVarnish3DS with iFoil in Malaysia
Konica Minolta Business Solutions (M) Sdn Bhd, an integral value provider, today announced that AsahiArts Printing, a Malaysia-based Print-for-Pay company, has acquired a unit of MGI JetVarnish 3DS with iFoil — making it the first installation of the solution in Malaysia. The innovative digital finishing solution differentiates AsahiArts Printing from the competition, boost its revenue, and add value to the growing commercial printing market.
— Business Insider

Chinese consortium to bid for Singapore-Malaysia high-speed rail
BEIJING A Chinese consortium will next year participate in bidding for a high-speed railroad linking Singapore and Malaysia, marking another step in China’s ambitious strategy to export its high-speed railway technologies to South-east Asia.
— The New Paper

Malaysia’s economy strengthens amid taunting factors
The year has been kind to Malaysia as its economy strengthened amid a confluence of taunting domestic and external factors which include the low commodity prices and a weak currency.
— The Sun Daily

Sand exports to India: What about Malaysia’s environment?
Some states in India are looking to Malaysia to import river sand, among other things, to protect their own riverbeds. Why should Malaysia export sand to these states at the expense of our environmental degradation?
— Free Malaysia Today

Malaysian palm oil price hits over 1-week high on exports
Malaysian palm oil futures were up over 1 percent on Wednesday evening, hitting their highest in more than a week on a rise in exports and tracking stronger related edible oils.
— The Star Online

Malaysia continues to be active voice globally
The year 2017 sees Malaysia reinforcing its diplomatic relations with foreign countries through various approaches as well as a series of visits and courtesy calls of leaders.
— Daily Express

Hundreds of Malaysian pilgrims stranded yet again in Saudi Arabia
A group of 453 Malaysian pilgrims have reportedly been left wondering about their return from Saudi Arabia after two flights that were supposed to bring them back was cancelled.
— Malay Mail Online

FAMILY ASKS PUBLIC PROSECUTOR TO INVESTIGATE DUTCH MODEL’S DEATH IN MALAYSIA
The family of Ivana Smit asked the Dutch Public Prosecution Service to investigate the young model’s death in Malaysia early this month. The request was made after Dutch forensic pathologist Frank de Groot did a first autopsy on the young woman’s body and found that some of her injuries are not consistent with a fall from a great height, the Telegraaf reports.
— NLTimes

 

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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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