Malaysia Morning News For December 8

Malaysia Morning News For December 8

Malaysia morning newsMalaysia to Build World’s FIRST Halal Vaccine Centre
Malaysia continues to propel itself as a halal hub – most recently with plans to develop a halal-vaccine manufacturing centre.
— Juice

Malaysia-China initiative will enable both sides to jointly develop China-Asean cross-border trade
MALAYSIA’S SuperAnt Technology Sdn Bhd and China’s public listed e-commerce service provider Eget Information Technology Co. Ltd have signed a Memorandum of Understanding at Hangzhou, China to drive cross-border e-commerce trade between China and the Asean region.
— The Star Online

Stronger export performance in Oct points to healthy 4Q economy
The strong 18.8 per cent export growth in October points to a healthy economy in the fourth quarter, said economists.
— New Straits Times

Malaysia conveys disappointment over US decision on Jerusalem
Foreign Ministry Secretary-General Datuk Seri Ramlan Ibrahim has conveyed Malaysia’s disappointment to the United States Embassy’s Charge d’Affaires Dean Thompson over Jerusalem’s recognition as the capital of Israel.
— Malay Mail Online

Logistic players stand to gain from DTFZ
Local logistic players are poised to garner a slice of action in Alibaba-backed Digital Free Trade Zone (DFTZ) in KLIA Aeropolis says AmInvestment Bank Bhd (AmInvestment Bank).
— The Borneo Post

TaPay, cashless payment method to contribute to smart city solutions
TaPay, the first local electronic wallet (e-wallet) application that was launched today, is in line with the government’s effort towards cashless payment.
— New Straits Times

Bike-sharing provider oBike suffers global data breach
Local bike-sharing service provider oBike had suffered a global security breach that lasted at least two weeks, resulting in user data being leaked online.
— Channel News Asia

Malaysia aims to join 20 rich countries and Uganda wants life presidency
On November 18, I arrived in Kuching, the capital city of Sarawak – one of the 13 states that make up the Malaysian federation.
— The Observer

Malaysia might open up more loan options for overseas studies
Malaysia’s ruling party has proposed extending its national education financing facility for citizens to study abroad.
— SI News

Government assists industry players to embrace Industry 4.0
The government is aggressively undertaking various efforts to assist industry players in embracing Industry 4.0 through the adoption of automation and smart manufacturing
— New Straits Times

Malaysia’s fintech industry poised for growth
Malaysia’s financial technology (fintech) industry has a big potential to expand further, particularly in banking, innovation and high-technology areas.
— New Straits Times

Property sector – No full-fledged recovery in sight within next 12 months, says AmResearch
AmResearch does not expect a full-fledged recovery of the sector within the next 12 months due to various key challenges coupled with subdued consumer sentiment and a potential interest rate increase next year.
— The Sun Daily

No bubble in real estate sector
SOME global property markets are overheated at the moment, but Malaysia certainly is not in the bubble territory.
— New Straits Times

Pos Malaysia to maintain double-digit growth in courier business
Pos Malaysia Bhd expects its courier business to maintain a double-digit growth in revenue next year, leveraging the country’s e-commerce expansion.
— New Straits Times

ML Global unit accepts RM78m job from LCB
ML Global Bhd’s wholly-owned unit, MITC Engineering Sdn Bhd (MITCE), has accepted a letter of award from LCB Management Sdn Bhd (LCB) as a works contractor for the proposed development of a block of 24-storey apartments for approximately RM78.05 million.
— New Straits Times

Malaysia’s c.bank reserves edge up to $101.9 bln as of Nov 30
Malaysia’s gross international reserves rose slightly to $101.9 billion as of Nov. 30, from $101.5 billion on Nov. 15, the central bank said on Thursday.
— Reuters

Malaysia under spotlight in freedom of thought index after atheist hunt
Malaysia has been singled out and listed among seven countries worldwide that practice “active persecution” of the non-religious in a global index released Tuesday (Dec 5), following a so-called “hunt” against atheists starting earlier this year.
— Today Online

How Najib Plans to Boost His Malaysia Election Chances
With Malaysia gearing up for a general election in 2018, Prime Minister Najib Razak is preparing the ground. It’s been an uncomfortable few years, with headlines swirling about a scandal over the finances of a state fund and unhappiness over rising living costs.
— Bloomberg

 

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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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