Malaysia Morning News For July 31

Malaysia Morning News For July 31
Estimated Reading Time: 4 minutes |

Malaysia morning newsIs Malaysia next after Sri Lanka falls knee deep in China’s debt trap
Sri Lanka has fallen knee deep in China’s debt trap after it invested billions of dollars in huge infrastructure projects – on China’s guidance and promises.
The Independent Singapore 

Developers’ shrinking unbilled sales not quite a concern
The contraction in unbilled sales in the past one year may not pose that much of a concern to property developers’ earnings.
The Edge Market

Domestic Trade Ministry raids Muar businesses, seizes RM63,000 in pirated software
Domestic Trade, Cooperatives and Consumerism Ministry enforcement officers raided two businesses in Tangkak and Muar on July 24 and 25 and seized four computers and nine copies of suspected pirated software worth a total of RM63,000.
New Straits Times 

Consortium praised for helping SMEs market their products
Malaysian Millennium Entrepreneurs Consortium (MMEC) has been lauded for embarking on a journey to gather entrepreneurs in Sarawak and Sabah, as it opens a great opportunity for the small and medium enterprises (SMEs) here to market their products to local and international markets.
The Borneo Post 

MAHB’s Malaysia, Turkey operations records strong growth trajectory
Malaysia Airports Holdings Bhd (MAHB) recorded strong passenger traffic growth in both its Malaysian and Turkish operations, and analysts believe that the airport operator could record a solid second quarter of 2017 (2Q17) results (out on July 31).
The Borneo Post 

Rahim & Co drawing up plans to enter Asean, Asia-Pacific markets
Rahim & Co International Bhd, an international property investment consultant, plans to widen its presence in the overseas market by making forays into the Asean and Asia-Pacific markets.
The Sun Daily 

Oman Air, Malaysia Airlines in code-share deal
Oman Air and Malaysia Airlines have entered a code-share partnership opening up more international destinations to their customers, effective immediately.
Oman Tribune 

Asean Belt and Road risks under scrutiny
MALAYSIA and other South-East Asian countries have come under China’s close scrutiny for political, financial and legal risks as Beijing intensifies its efforts to review its Belt and Road programmes and control capital outflows.
The Star Online 

LEAP Market to enhance Bursa M’sia’s revenue
Bursa Malaysia Bhd’s (Bursa Malaysia) Leading Entrepreneur Accelerator Platform (LEAP) will enhance the bourse’s revenue given the high demand and opportunities from the small and medium enterprises (SME) market.
The Borneo Post 

Malaysian market catching up with with regional peers
The local stock market could have a few catalysts going for it in the second half of this year that may push it to catch up with the rest of the region
The Star Online 

How Najib Plans to Embrace Malaysia’s Islamic Heartland
For the first time in more than 20 years, the city of Kuala Terengganu has a cinema, showing blockbusters like Baywatch and Wonder Woman. But the darkened hall is dotted with infra-red cameras to monitor theater-going couples.
The Edge Markets 

Rapid KL Denies Claims Of Faulty Token Vending Machines
Rapid KL today assured that all of its token vending machines (TVMs) were in good working order and dismissed claims that several of its TVMs at Sungai Buloh MRT station were faulty.
Malaysian Digest 

MACC lodges police report over false news on Sabah Water Dept scandal
The Malaysian Anti-Corruption Commission (MACC) lodged a police report today over an allegation that it had issued a statement claiming that no element of corruption was found in the Sabah State Water Department (Jans) scandal.
New Straits Times

Making a smarter Malaysia
Staying ahead in the 21st century requires one to think innovatively in finding sustainable solutions for complex problems.
The Malay Mail Online 

Government launches special hotline on human trafficking
A special hotline was launched yesterday for the public to provide information on human trafficking.
Free Malaysia Today 

Ride share industry still illegal under Road Transport Act, says 4PAM
The Malaysian Public Transport Users Association (4PAM) has urged the transport ministry and Land Public Transport Commission (SPAD) to explain how amendments made to the Land Public Transport (LPT) Act 2010 would provide for safety of passengers.
Free Malaysia Today 

Days of ‘cheap’ foreign labour over for builders
A combination of depreciating local currency, insurance and other incidental costs has made it more expensive for construction companies to hire foreign workers than locals.
The Sun Daily

Malaysia: Police arrest 2 Nigerians over fraud
Two Nigerian students have been arrested in Kuala Lumpur for allegedly swindling a 77- year old American woman of N81million (RM900, 000).
— DailyTrust

 

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

 

 

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Leakhena Khat

Leakhena Khat

Junior Journalist at AEC News Today
Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community."I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind set.

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