Malaysia Morning News For November 30

Malaysia Morning News For November 30

Malaysia morning newsMalaysia among economies gaining from booming electronics exports in AsiaPac
Malaysia is among the select economies, including Hong Kong, Singapore, South Korea and Taiwan, to benefit from the booming electronics export activities in Asia Pacific, according to S&P Global Ratings.
— The Edge Markets

UAE daily rates Malaysia among top 10 for medical tourism
A prominent UAE newspaper has named Malaysia as one of the top 10 countries in the world for medical tourism.
— Free Malaysia Today

Malaysia Wrestles With Beijing’s One Belt One Road Bonanza
The sales office for Forest City, one of Malaysia’s largest residential property developments, looks less like an office than an airport hangar or a museum atrium: a futuristic dome flooded with noise and light.
— Forbes

Japan’s Edoya to make halal salmon skin chips in Malaysia
Japanese processed seafood firm Edoya Co. will produce halal salmon skin chips in Malaysia in collaboration with a local food producer, looking to cater to Muslims in Japan and Southeast Asia.
—Japan Times

Malaysia has no plans to establish regional counter-intelligence centre with China in Johor
Malaysia has no plans to set up a regional counter-intelligence centre together with China, says the country’s Defence Minister Hishammuddin Hussein.
— Today Online

Volcano eruption: 1,400 Malaysians stranded in Bali
The Immigration Department through the Consular and Immigration Division of the Malaysian embassy in Jakarta has sent a special team to Surabaya to assist Malaysians stranded in Bali following the Mount Agung eruption on the island resort.
— Free Malaysia Today

Cambodia signs agreement to ensure welfare of maids in Malaysia
The Cambodian government has signed a Memorandum of Agreement to appoint the Malaysian Association of Foreign Maid Agencies (PAPA) as its representative to monitor the safety and welfare of its citizens returning to work as domestic helpers in Malaysia.
— Channel News Asia

Japanese property giant, Tokyu invests in Titijaya’s unit
Titijaya Land Bhd has roped in Japanese leading property giant, Tokyu Land Corp, to be the new shareholder of its wholly-owned Epoch Property Sdn Bhd in a RM47 million deal.
— New Straits Times

MBSB to finance 50 MW in Malaysia
Malaysia Building Society Berhad (MBSB) has agreed to provide up to 247 million ringgit (US$60.4 million) of Islamic financing to Solar Management (Seremban) Sdn Bhd to back the development of a 50 MW solar project in Peninsular Malaysia.
— PV Magazine

Air Lease Corporation Announces the Delivery of First New Airbus A350 XWB Aircraft to Malaysia Airlines Berhad
Today Air Lease Corporation (NYSE:AL) (ALC) announced the delivery of its first Airbus A350 XWB aircraft, on lease to Malaysia Airlines Berhad (MAB).
— Globe News Wire

Malaysia’s education is attracting Chinese buyers – here’s why
Malaysia is rapidly emerging as an education hub, especially when it comes to higher education, and students from mainland Chinese are on the rise.
— Juwai

Malaysia is far from ready for prop tech, says MIPPM
Malaysia’s property management sector is still far from being ready to embrace property technology (prop tech), said Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam.
— The Edge Markets

New royal durian to challenge Musang King
Musang King, the Malaysian durian variety which reigns supreme among fans of the fruit, could see a new challenger to the throne.
— The Straits Times

Thai central bank finalising deal on QAB with Bank Negara
The Bank of Thailand (BoT) expects to finalise a deal with Malaysia’s central bank, Bank Negara Malaysia (BNM), on Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive treatment as local banks.
— The Borneo Post

AirAsia group earnings up 42.9% to RM505.32m
Low-cost carrier AirAsia group reported a 42.9% increase in earnings to RM505.32mil in the third quarter ended Sept 30, 2017 due to share of results from associates and lower deferred tax expenses.
— The Star Online

No problem with regulation, but bitcoin enthusiasts urge official exchanges
Bitcoin professionals welcomed the central bank’s move to regulate cryptocurrencies, but also called for official exchanges in Malaysia.
— Malay Mail Online

 

Feature photo ILO in Asia and the Pacific

 

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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