Malaysia Morning News For May 9

Malaysia Morning News For May 9
Estimated Reading Time: 4 minutes |

Malaysia morning news

IMF: Malaysia’s 2017 economic growth seen at 4.5%
The International Monetary Fund (IMF) expects Malaysia’s economy to grow 4.5% in 2017 from a year earlier before expanding 4.7% in 2018 on domestic demand growth and as exports improve.
— The Edge Markets MY

MK Land’s Unit To Dispose Of Land In Kamunting For RM72 Million
MK Land Holdings Bhd’s (MK Land) wholly-owned unit, Dominant Star Sdn Bhd (DSSB), will dispose of nine parcels of leasehold land measuring approximately 79.25 hectares in Kamunting, Perak for RM72 million.
— Bernama

Parliament must restore judicial power to courts, says Malaysian Bar
In applauding a Federal Court ruling that Parliament cannot undermine the doctrine of separation of powers, the Bar says the Judiciary must check and balance any excesses of the executive or legislature.
— Free Malaysia Today

Media Prima Digital acquires REV Asia in $24.2m deal
Youth Asia Sdn Bhd and Media Prima Digital Sdn Bhd, an indirect wholly-owned subsidiary of Media Prima Berhad, are acquiring Malaysia-based REV Asia Berhad, a digital media group, in a deal worth RM105 million ($24.2 million)
— Deal Street Asia

Top Malaysian ISIL operative killed in Syria
Malaysian police confirm death of most wanted ISIL member Muhammad Wanndy Mohamed Jadi in a drone attack.
— Aljazeera

Malaysia to open embassy in the Vatican
Malaysian Foreign Minister Anifah Aman will officially open the Malay­sian Embassy in the Vatican during a visit to the Holy See.
— Channel NewsAsia

Malaysia: 1337 Ventures to invest in three startups
Malaysia’s 1337 Ventures will invest in three startup ventures following a recent Alpha Startups pre-accelerator programme. These teams will receive $25,0000 in funding, AWS support and mentorship.
— Deal Street Asia

242k applications for voter registration in Q1 this year: EC
The Election Commission (EC) received a total of 242,691 applications for voter registration, and 84,214 requests for change of registration address in the first quarter of this year, EC secretary Datuk Abdul Ghani Salleh said yesterday.
— New Straits Times

China’s Wanda in talks to develop Bandar Malaysia project
Malaysia is in talks with China’s Dalian Wanda Group Co Ltd to develop a prime Kuala Lumpur property project, barely a week after it dumped its original partners, the Straits Times reported on Tuesday.
— Deal Street Asia

Sepang chief says targeting Supercars after F1 deal ends
Malaysia will be considering hosting the Australian Supercars touring car racing after its deal to host the Formula One here ends this year, Sepang International Circuit CEO Razlan Razali said.
— Malay Mail Online

Ringgit easier against US$ early Tuesday
The ringgit eased against the US Dollar early Tuesday as the positive sentiment spillover from the French presidential election were short lived, as traders took on a profit taking stance post election, said dealers.
— The Star Online

33 illegal immigrants nabbed in T’ganu ops
A total of 33 illegal immigrants were nabbed in several raids at rental houses in Kampung Bukit Nenasi, Batu Rakit and Felcra Bukit Sudu, here, on Thursday.
— New Straits Times

Mais launches module to rehabilitate Muslim apostates
The Selangor Islamic Religious Council (Mais) has launched the ‘Istitabah’ module – the first programme of its kind in Malaysia designed to rehabilitate Muslims who have gone astray from the religion.
— New Straits Times

Malaysian employee engagement among worst in Asia, says study
Malaysian employees were less inclined to recommend their company to others and admitted to contributing less in their work, a survey on employee engagement revealed today.
— Malay Mail Online

 

 

Feature photo Zashnain Zainal
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Stella-maris Ewudolu

Stella-maris Ewudolu

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005. Between November 2004 and February 2011 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships.Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.
Stella-maris Ewudolu

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