Malaysia Morning News For March 16

Malaysia Morning News For March 16

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.


Malaysia morning news

TM to launch mobile packages for SMEs in April
Telekom Malaysia Bhd (TM) is expected to officially launch mobile solution packages for small and medium enterprise (SMEs) through its digital mobility services provider, webe, on April 11.
New Straits Times

Malakoff’s unit issues RM800 mil Sukuk Wakalah
Malakoff Corp Bhd’s unit Tanjung Bin Energy Sdn Bhd (TBE) has issued a RM800 million Sukuk Wakalah.
New Straits Times

M’sia opposes EU resolution on palm oil
Malaysia will rally other palm oil producing countries against a resolution from being passed by the European Parliament that can threaten the industry.
The Star Online

Petronas spending not affected by weaker oil prices
The recent oil prices pull-back will not affect Petroliam Nasional Bhd’s (Petronas) spending, given that the local oil major has pegged its capital expenditure (capex) budget at an average US$45 per barrel, according to Kenanga Research.
The Star Online

Malaysia’s Teflon Prime Minister
Najib Razak has survived a massive embezzlement scandal, opposition protests and internal power struggles – all with an eye on re-election in 2018.
Asia Times

Malaysia says DNA sample confirms murdered Kim Jong Nam’s identity
Malaysia has confirmed the identity of Kim Jong Nam’s body based on a DNA sample taken from one of his children, the deputy prime minister said on Wednesday.

AFC set June date for North Korea v Malaysia tie
The Asian Cup qualifier between Malaysia and North Korea, which was postponed last week due to strained relations between the two countries, has been rescheduled to June 8, the Asian Football Confederation (AFC) said on Wednesday.

Malaysia Used DNA From Kim Jong Nam’s Child to Identify Corpse
Authorities revealed that Malaysia has been in contact with family members of Kim Jong Nam who have been in hiding since shortly after the half brother of North Korea’s dictator was killed here in February.
The Wall Street Journal

Disney Says It Won’t Edit ‘Beauty and the Beast’ for Malaysian Censors
Walt Disney Studios has refused to cut a brief, gay-themed scene from “Beauty and the Beast” as demanded by government censors in Malaysia, meaning the film will not open there Thursday as scheduled.
The New York Times

Maswings to upgrade services, quality and comfort of passengers
Maswings Sdn Bhd, a fully owned subsidiary of Malaysia Airlines, has set 2017 as the year to focus on improving its services and quality to ensure the comfort of passengers said Chief Executive Officer Aminuddin Zakaria.
New Straits Times

UEM Edgenta will raise RM1bil from sukuk
UEM Edgenta Bhd will issue Islamic Commercial Papers (ICP Programme) and Islamic Medium-Term Notes (IMTN) with a combined aggregate up to RM1 billion in nominal value and a sub-limit of RM300 million.
New Straits Times

Maybank’s strategy pays off, enough capital to withstand headwinds
Malayan Banking Bhd (Maybank) has maintained its return-on-equity (ROE) targets for this year, signalling that the bank is well prepared for any external headwinds and tightening of accounting standards that is to come into effect January next year.
The Star Online

MyEG in Philippines JV to implement e-government services
My EG Services Bhd (MyEG) has inked a joint-venture (JV) agreement with I-Pay Commerce Ventures Inc (IPCVI) to set up a JV corporation (JVC) for the purpose of engaging in the business of development and implementation of electronic government services projects in the Philippines.
The Star Online

Housing is a top priority for government, says Najib
Housing is a top agenda of the government in championing the interests and wellbeing of the people, said Prime Minister Datuk Seri Najib Razak.
Malay Mail Online

Anifah: Malaysia will continue to highlight issue of Rohingya Muslims
Malaysia, as a responsible member of the international community, will continue to play its part to contribute to efforts in addressing the plight that has befallen the Rohingya Muslims minority in Myanmar.
Malay Mail Online

Raid on house in Pandan Jaya yields RM700,000 drug haul
The arrest of a Sri Langkan with 0.85g of syabu at Jalan Pandan Prima 1, led police to a major drug haul worth more than RM700,000.
Malay Mail Online

Local woman ‘held for 35 hours’ by Malaysia customs
A Taiwanese woman on Wednesday claimed that she had been mistreated during a 35-hour detention by Malaysian customs over a “damaged passport” earlier this month.
The China Post

‘Beauty and the Beast’ pulled from Malaysian release after ‘gay moment’ censored
When Disney’s live-action “Beauty and the Beast” debuts worldwide Thursday, Malaysia will no longer be among the invited guests.
Los Angeles Times



Feature photo: lawyergaoge



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