Malaysia Morning News For April 2

Malaysia Morning News For April 2
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Malaysia morning newsGE14: What Malaysians want for their vote
As Barisan Nasional (BN) prepares to unveil its manifesto for the upcoming election, Malaysians talk about what government policies they want for a better life.
— Malay Mail

Wages too low, says Bank Negara
ALTHOUGH the income levels of Malaysians have increased significantly over the years, voices of discontent are mounting over the decline in purchasing power.
— The Star Online

BIMB’s insurance earnings likely to be strong — Analysts
BIMB Holdings Bhd’s (BIMB) earnings from its insurance subsidiary, Syarikat Takaful Malaysia Bhd (Syarikat Takaful), is likely to be strong due to its strategic tie-ups with banks for bancatakaful.
— The Borneo Post

Federal govt debt to drop further by year-end: MoF
The federal government’s debt level is expected to reduce further to about 50 per cent of gross domestic product (GDP) by year-end following the lower fiscal deficit target in 2018.
— New Straits Times

Malaysia: Islamic finance educators urged to play stronger role in banking industry
Islamic finance educators must work in collaboration with bankers to ensure their relevancy in the finance industry.
— Salaam Gateway

GE, Accenture and Sarawak Energy, latest sponsors of CEPSI 2018
Tenaga Nasional Bhd (TNB), the official host of the internationally prestigious Conference of the Electric Power Supply Industry (CEPSI) 2018, has announced three more companies as platinum sponsors of the September 17 to September 22, 2018 event.
— New Straits Times

Gamification firm aims for global expansion
Gamification and game development company Gameka aims to have a presence overseas in Australia, Vietnam and the US in order to compete in the international arena.
— The Sun Daily

Malaysia a blessed land, says Chinese envoy
China’s ambassador to Malaysia Bai Tian has described Malaysia as a blessed land full of talented people.
— Free Malaysia Today

Entrepreneurs urged to keep abreast with latest approaches
Sarawak entrepreneurs under Amanah Ikhtiar Malaysia (AIM) are strongly reminded to keep abreast with latest business approaches, especially those related to digital economy.
— The Borneo Post

‘Go digital to improve civil service efficiency’
Standing at a size of 1.62 million, the question of Malaysia’s civil service being bloated has been raised time and again, while downsizing is not on the cards, digitalisation may be the way to go when it comes to improving efficiency and productivity.
— The Sun Daily

Malaysia Hopes For Substantial Tourist Arrival Hike Up To 2020
Malaysia’s tourism promotion agency Tourism Malaysia says it was possible that the country could receive 36 million tourists by 2020, a growth of 39 per cent from last year, which would propel proceeds from foreign visitors to $43.5 billion in that year.
— Investvine

PR1MA to start work on homes at LRT locations in Q4 2018
More than two years after it was awarded eight locations along the LRT network to be developed under its transit-oriented development (TOD) initiative, Perbadanan PR1MA Malaysia said it will start development on two locations in the fourth quarter of this year.
— The Sun Daily

GST: DPM’s ‘tax evader’ label unfair, says Guan Eng
It is unfair for Deputy Prime Minister Ahmad Zahid Hamidi to label those against the goods and services tax (GST) as “tax evaders”, says Penang Chief Minister Lim Guan Eng.
— Free Malaysia Today

Minetech Resources unit inks 21-year power deal with TNB
Minetech Resources Bhd’s 70%-owned subsidiary Coral Power Sdn Bhd has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) in relation to the generation and sale of solar photovoltaic energy to TNB’s grib system at the Pantai Remis main distribution sub-station.
— The Sun Daily

BN-led govt has never marginalised women, says Rosmah
The Barisan Nasional (BN)-led government has never marginalised women’s group in the nation’s development plan but had always provided the opportunity for them to move in tandem with the country’s growth, according to Prime Minister’s wife Datin Seri Rosmah Mansor.
— Malay Mail

Palm oil farming is losing its appeal in Southeast Asia
When palm oil farmer Isnin Kasno eventually retires, his three children will turn their backs on the family’s small plantation in Malaysia’s southern state of Johor.
— Business Live

Support zone for Prestariang at RM1.20 – RM1.26, says AllianceDBS Research
AllianceDBS Research said Prestariang Bhd (PresBhd) had on March 30 traded lower to RM1.27 before closing unchanged at RM1.28.
— The Edge Markets

Sumatec to build condensate extractions plant in Kazakhstan for RM480m
Sumatec Resources Bhd has been given the right by Markmore Energy (Labuan) Ltd (MELL) to construct a condensate extractions plant (CEP) in Kazakhstan for US$120 million (RM480 million).
— The Sun Daily

 

Feature photo Jakub Michankow

 

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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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