Malaysia Morning News For November 22

Malaysia Morning News For November 22

Malaysia morning newsMalaysia becomes Asia’s worst stock market as election looms
Malaysia’s FTSE Bursa Malaysia KLCI Index has turned out to be the worst Asian equity gauge so far this year with less than 5 per cent growth. And an undetermined election date isn’t helping.
— The Business Times

Muslim World Should Embrace the Changes of the Digital Industrial Revolution: Malaysia PM
Change is coming. For Malaysia’s Prime Minister Datuk Seri Najib Razak, there is no way to avoid the disruption carried by the world’s Fourth Industrial Revolution (“Industry 4.0”), and the Muslim world must prepare for the challenges of this new technological innovation.
— Morocco World News

Malaysia calls EU to accept MSPO cert
Malaysia is calling upon 18 European ambassadors lead by the European Union (EU) ambassador Maria Castillo Fernandez to accredit and accept the Malaysian Sustainable Palm Oil (MSPO) certification.
— New Straits Times

World’s first Cambridge-linked clinical research centre in Malaysia
The world’s first Cambridge-linked clinical research centre will be set up in Malaysia in partnership with Sunway Group, Sunway Medical Centre and the Jeffrey Cheah Foundation.
— The Star Online

Malaysia’s Transport Ministry says Port Klang lost some business to Singapore
The lower revenue recorded by Port Klang last year (2016) is due to some international shipping companies shifting operations to Singapore, says Deputy Transport Minister Datuk Abdul Aziz Kaprawi.
— The Straits Times (paywall)

PDRM To Step Up Patrol At Malaysia-Thai Border
he Royal Malaysia Police (PDRM) has stepped up patrol in areas bordering Thailand to prevent the illegal entry of the Uighur people who had escaped from an Immigration detention centre in southern Thailand into Malaysia.
— Malaysian Digest

Thailand seeks Malaysia’s help to send back Uighur escapees
Thailand is seeking Malaysia’s cooperation in sending back the Uighurs believed to have slipped into the country after escaping from an immigration detention centre in Sadao yesterday.
— Free Malaysia Today

Tourism Authority of Malaysia promotes new tourist attractions
The Tourism Authority of Malaysia, Thai Office, organized a seminar to promote new tourist attractions in Malaysia at the One Boutique Hotel in Muang district, Satun province.

Malaysia’s 2018 Budget – BEPS And CRS Coming Soon
Malaysia’s 2018 Budget includes a number of initiatives to help drive the economy. But the most important action for the business community to prepare for is the implementation of BEPS action points and the CRS.
— Mondaq

Malaysia to tighten economic ties
Malaysia will strengthen its ties with Chinese companies in e-commerce, digital economy and artificial intelligence to further accelerate the liberalization of trade and attract investment to maintain a robust growth momentum, a senior Malaysian commerce official said on Monday.
— China Daily

MIER upgrades Malaysia economic growth to 5.6pc for 2017
The Malaysian Institute of Economic Research (MIER) today revised upwards its projection for Malaysia’s economic growth this year to 5.6 per cent, a 0.2 percentile point difference from its earlier forecast.
— Malay Mail Online

Malaysia Economic Growth Likely To Remain Robust In 2018
Malaysia’s economy should continue to grow at a decent pace over the next year, underpinned by robust exports and investment, economists at Capital Economics said.
— Markets Insider

Tencent confirms plans to launch WeChat Pay in Malaysia
Tencent Holdings plans to unveil WeChat Pay in Malaysia in early 2018, having obtained an e-payment license for local transactions in the country, according to Reuters. This follows Tencent’s announcement in July this year that it applied for a licence in Malaysia because of the large Chinese community in the country.
— Marketing Interactive

World Bank report highlights Malaysia’s effective use of ICT and business process re-engineering to transform land administration
The World Bank has issued a report outlining Malaysia’s Successes and Challenges in Transforming Land Administration. The report, titled Enhancing Public Sector Performance: Malaysia’s Experience with Transforming Land Administration, is part of a series focusing on documenting the lessons from Malaysia for other developing countries in improving their public sector management.
— Open Gov

Malaysia drops 7 places in global talent ranking
MALAYSIA has dropped seven places to 28th among 63 countries ranked for their ability to retain and attract local and foreign high-skilled workers.
— The Malaysian Insight

Malaysia urges reduction in fresh produce prices
The Consumers’ Association of Penang (CAP) urged the Domestic Trade, Cooperatives and Consumerism Ministry (KPDNKK) and the Lembaga Pemasaran Pertanian Persekutuan (Fama) to take immediate action to reduce the prices of vegetables, fruits and fish in Malaysia as a study has shown that prices have increased by up to 300% within a week.
— Fresh Plaza

Malaysia to host 2019 World Summit on Arts, Culture
Malaysia is to host the 8th World Summit on Arts and Culture in March 2019.
— The Sun Daily

Nigeria’s move to hire Malaysian economic experts for RM5m criticised
The Nigerian government’s plan to help revive the flagging national economy by hiring “economic experts” from Malaysia has hit a political bump following domestic criticism against such a move.
— Free Malaysia Today

Tourism Malaysia: Minister of Tourism meets CNN’s Richard Quest
At the recent World Travel Market in London, YB Dato’ Seri Mohamed Nazri Abdul Aziz, Minister of Tourism and Culture, Malaysia, met with Richard Quest, CNN International’s anchor and journalist, for a one-on-one interview.
— Pata

US, Malaysia Hold Military Exercise Tiger Strike 2017
Over the weekend, the United States and Malaysia kicked off another iteration of a key bilateral exercise focused on amphibious operations. The holding of the drills was yet another demonstration of continued cooperation on the defense side under the new U.S. administration led by President Donald Trump.
— The Diplomat

Grab Malaysia launches lounge at Sunway Pyramid
Popular e-hailing service company, Grab Malaysia today launched its first lounge at the main entrance of Sunway Pyramid to improve the overall ride experience for Grab customers and to provide a safe, convenient and affordable transport service.
— Malay Mail Online

Anjung Malaysia latest attraction at KLIA
Anjung Malaysia, an area which reflects the unique Malaysian culture and flavour through the display of local architecture, products and cuisines is the latest attraction at the Kuala Lumpur International Airport (KLIA).
— Malay Mail Online


Feature photo Bernard Spragg. NZ
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 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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