Malaysia Morning News For May 29

Malaysia Morning News For May 29

Malaysia morning news

DOE stops RM1.2b ‘Dubai of Malaysia’ project
The Department of Environment (DOE) has issued a stop-work order on the RM1.2 billion mixed development Aman Laut development project in Kuala Kedah.

Technology Park Malaysia comes of age
Technology Park Malaysia (TPM) Corp Sdn Bhd, which started its incubative programme in 1996 with just space leasing for engineering based companies in the Bukit Jalil technology park, has evolved over the years to nurture and aid the growth of companies from the ideation stage up to commercialisation.
The Sun Daily 

MACC’s mission against graft must include 1MDB case
The MACC deserves to be commended for intensifying the battle against corruption.

Malaysia less susceptible to malware than emerging economies in APAC: Malwarebytes
MALWAREBYTES, an advanced malware prevention and remediation solution, found that Malaysia ranks fifth in volume of malware detected in the country amongst other countries in the Asia-Pacific region.
Digital News Asia 

Malaysia Airlines Q1 results hurt by costlier fuel, forex
Malaysia Airlines (MAS), which is on track to be profitable in 2018, said its first quarter performance was impacted by higher fuel prices and adverse foreign exchange.
The Sun Daily

Steady Start Tipped For Malaysia Stock Market
The Malaysia stock market on Friday snapped the modest two-day winning streak in which it had collected more than 7 points or 0.4 percent. The Kuala Lumpur Composite Index remains just beneath the 1,775-point plateau and it may regain traction on Monday.
Markets Insider 

Malaysia Opens Fintech Sandbox
Malaysia (BNM) has recently issued licences to four companies to operate within its «regulatory sandbox,» these include foreign as well as locally run businesses.
Finews Asia 

Mobile professionals embracing flexi-work, says study
Mobile professionals are increasingly embracing flexi-work, and organisations need to consider such new workplace practices, said Microsoft.
Free Malaysia Today 

Five arrested Thais could be charged with human trafficking in Malaysia
Five Thais and four Malaysians arrested for allegedly sneaking into Myanmar may be charged with human trafficking, Thairath Online reported.
The Nation 

Uzbekistan reaches for Malaysian, Indonesian travellers
Uzbekistan Airways is offering special airfares up to October for outbound agents in Malaysia and Indonesia in a bid to fill seats on its underutilised Kuala Lumpur-Tashkent sector.
TTG Asia 

Foreign investors net buyers of Malaysian shares — MIDF
Foreigners were net buyers of Malaysian shares last week at RM223.7 million after they bought and sold RM2.76 billion and RM2.54 billion worth of equities respectively.
The Edge Markets 

Malaysia urged to strengthen protection for foreign workers
Malaysia has yet to strengthen its laws to provide greater protection to foreign employees despite reports of rampant abuses, an international human rights watchdog said.
The Malay Mail Online 

Ringgit takes breather, opens slightly lower against US dollar
The ringgit was slightly lower against the US dollar in early trade today.
New Straits Times

Malaysia to tighten border security
PETALING JAYA Malaysia will tighten security at its borders following the recent spate of militant and terrorist attacks in neighbouring countries and deploy more assets to these areas.
The New Paper

Urban poor new carriers of TB, says expert
With the hectic city lifestyle and the stress to cope with the high cost of living, many of the urban poor have been identified to be tuberculosis carriers.
Because of affordability reasons, many urbanites live in poor conditions such as slumps and congested flats with poor ventilation and cleanliness, which are breeding grounds for contagious and transmittable diseases.
The Malay Mail Online  

Selangor contributed to almost half of the new jobs in Malaysia
The Malay Mail Online has reported that 305,300 new jobs in Selangor from 2014 to 2016 represented almost half of Malaysia’s total employment gains from the period, according to official data by the Department of Statistics.
Human Resources 

Online enrolment for Private Retirement Schemes in the works
The Private Pension Administrator Malaysia (PPA) plans to roll out online enrolment of new Private Retirement Schemes (PRS) members this year with a minimal initial contribution, said its CEO Husaini Hussin (pix).
The Sun Daily 


Feature photo Trinn Suwannapha / World Bank
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).


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Malaysia morning news is published M-F by AEC News Today: Governance, not government; policies not politics.




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Leakhena Khat

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.

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