Malaysia Morning News For October 9

Malaysia Morning News For October 9

Malaysia morning newsTok Pa: Malaysia’s trade to jump 10pc to RM1.6 trillion
Malaysia’s trade is likely to exceed 10 per cent this year, beating an earlier estimated growth target of three per cent, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
MSN

Malaysia export growth for 2018 to be sustained at 6.5%, says RHB Research
RHB Research Institute Sdn Bhd expects Malaysia’s export growth to be sustained at 6.5%.
The Edge Markets

Global funds raise Malaysia debt holdings to RM200.1b in Sept
Foreign ownership of Malaysian sovereign and corporate debt climbed 4.4% from 191.8b ringgit in August, according to central bank data.
The Edge Markets

Government ready for extreme floods expected next month — Shahidan
The government is ready to tackle extreme floods that are expected to occur throughout the country by next month.
The Borneo Post

Malaysian government ups business involvement
Malaysian government-linked companies (GLCs) appear to be crowding out private investments as observers argue that the government’s involvement in business has increased.
The Edge Markets

Corporate Malaysia need to invest in new digital culture
The changing face of Malaysia’s workforce has resulted in a need for organisations to foster a new culture of work to achieve digital transformation success, a Microsoft Study has concluded.
The Borneo Post

Chinese tourists love Johor, flight tickets double during Golden Week
Johor’s draw as a tourist destination among visitors from China has caused return flight tickets to double and even triple during the annual Golden Week holidays there.
Malay Mail Online

Tough road ahead for Taiwanese businesses in Malaysia
FACED with a shortage of labour and the weakening of the ringgit, Taiwanese companies operating in Malaysia find the going increasingly tough.
The Sun Daily

Malaysia’s Central Bank Signals Year-End Bitcoin Ban
Malaysia central bank Governor is taking bitcoin cues from China. His glib statements are attracting widespread regional attention, as Southeast Asia’s 4th largest economy attempts to reconcile notorious financial conservatism with radical financial change.
Bitcoin.com

Java selling plantations unit to Fima Corp for RM5.2 million cash
Java Bhd is disposing of its entire stake in Java Plantations Sdn Bhd to FCB Plantation Holdings Sdn Bhd, a wholly owned subsidiary of Fima Corporation Bhd, for RM5.2 million in cash.
The Sun Daily

FBM KLCI to trade higher
The FBM KLCI is likely to trade higher as the momentum builds up in the run-up to Budget 2018 presentation on October 27.
The Borneo Post

Cat lover conned out of RM20,000 to ‘online importer’
A FELINE lover paid almost RM20,000 for two animals to an online cat “importer” who has since disappeared with her money, reported Metro Ahad.
The Star Online

AmInvestment maintains Hold on Econpile following RM48m award win
AmInvestment Research has maintained its Hold calls, forecasts and fair value of RM2.22 on Econpile Holdings Bhd following the RM48mil award of piling and basement works in 9 Seputeh in Old Klang Road by Malaysia Resources Corp Bhd.
The Star Online

Weakness in logistics players’ earnings growth to persist
Earnings growth weakness within the logistics space is expected to persist for the next one to two years while parcel delivery players are expected to continue recording top-line growth amid the burgeoning e-commerce trend in the country.
The Borneo Post

Microsoft launches the new Surface Pro in Malaysia
Microsoft has reinvented the modern workplace concept with the launch of Microsoft’s brand-new Surface Pro.
The Borneo Post

Ahead of Budget 2018, workers unions seek RM1,800 floor wage
The Malaysian Trades Union Congress (MTUC) wants the minimum monthly wage raised to a flat RM1,800 nationwide.
— Malay Mail Online

Malaysia reports 8 terror arrests
Malaysia has arrested four foreigners and four Malaysians for suspected involvement in terrorist activities linked to Abu Sayyaf, Islamic State and Jemaah Islamiah, police said on Saturday.
Bangkok Post

RM1,900 fine for Malaysians who snuck into Singapore
The Sessions Court in Johor fined today two Malaysian men RM1,900 each for sneaking into Singapore through a “special staff route”.
Malay Mail Online

More Malaysians want to continue working after their retirement
Malaysians are expected to continue to stay active in the workforce after their retirement at the age of 60 as the country is set to become an ageing nation, reported the New Straits Times quoting a survey.
Thai PBS

CANCELLED BEER FEST IN MALAYSIA: IF NAJIB IS COURTING ISLAMIC HARDLINERS, ARE HIS RIVALS ANY BETTER?
As Islamic hardliners grow more influential, political parties hesitate to offend the voting bloc of religious Malays, and the cancelled Oktoberfest-inspired event is likely a sign of things to come.
South China Morning Post

Malaysia-Indonesia undergo joint military exercises to enhance cooperation
One hundred and eighteen officers and personnel of other ranks of the Malaysian Army (ATM) and 130 officers and personnel of the Indonesian Army (TNI-AD) successfully carried out the Kekar Malindo series 41AB/ 2017 joint exercises from September 27 until October 7.
Malay Mail Online

Health Minister leads Malaysia’s delegation to 68th WHO regional meeting
Health Minister Datuk Seri Dr S. Subramaniam will be leading Malaysia’s delegation to the 68th Session of the World Health Organisation (WHO) Regional Committee for the Western Pacific, from tomorrow until October 13 in Brisbane, Australia.
Malay Mail Online

 

Feature photo World Bank Photo Collection/Trinn Suwannapha
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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