Malaysia Morning News For April 20

Malaysia Morning News For April 20
Estimated Reading Time: 5 minutes |

Malaysia morning newsPublic Bank has no bitcoin trading platform
Public Bank Bhd has denied any affiliations with automated bitcoin trading platform purportedly called “PUBLIC COIN”.
— New Straits Times

Malaysian palm oil flat
Malaysian palm oil futures closed flat on Wednesday as short covering in the second half of trade helped the market recover from losses earlier in the day.
— Business Recorder

Petronas is Malaysia’s most attractive employer
Petroliam Nasional Berhad (Petronas) has been crowned Most Attractive Employer in Malaysia for 2018, according to Randstad Employer Brand Research.
— New Straits Times

Tender deadline for KL-Singapore high-speed rail company extended to December
The deadline for tender submissions for the Kuala Lumpur-Singapore high-speed rail (HSR) Assets Company (AssetsCo) has been extended to Dec 28, 2018.
— The Straits Times

PUC to invest RM90mil in 11Street
PUC Bhd has agreed to invest up to RM90mil in 11Street Malaysia in a deal that would give the media and advertising firm management control of the e-commerce platform.
— The Star Online

5 questions on Malaysia’s general election
What if the election has no clear winner? Barisan Nasional (BN) needs at least 112 of the 222 seats to form the government.
— The Straits Times

More research needed on trade of counterfeit goods
More research needs to be conducted on the illicit trade of counterfeit goods in Malaysia to aid policy and enforcement on the issue, according to the International Trademark Association (Inta).
— The Edge Markets

Lazada launch cross-border selling for Malaysia-Singapore
Regional e-commerce platform Lazada launched its pilot service which enables over 100 Lazada sellers in Malaysia will begin marketing their products to buyers in Singapore.
— New Straits Times

Matrade achieves RM139 million in potential sales at DSA 2018
The Malaysia External Trade Development Corporation (Matrade) has achieved RM193 million in potential sales from business-matching sessions facilitated during the Defence Services Asia 2018 (DSA 2018), exceeding its initial target of RM25 million.
— The Borneo Post

Indonesia to boost biodiesel exports, Malaysia expects to lose market share
Indonesian biodiesel makers are gearing up to boost exports after the European Union removed anti-dumping duties on shipments from some producers in the country, but rival suppliers in Malaysia are bracing for a slowdown in the wake of the move.
— New Straits Times

BAT Malaysia shares remains underpriced
British American Tobacco (Malaysia) Bhd’s share of the local cigarette market has grown reasonably well but its share price does not match that.
— New Straits Times

Bursa Malaysia closes at intra-day high
Bursa Malaysia closed at an intra-day high today, up 0.84 per cent, and backed by firmer oil prices as well as interest in stocks listed on the main board, said a dealer.
— Malay Mail

Malaysia has what it takes to attract MNC investments: GE Malaysia CEO
Malaysia has all the key ingredients to attract multinational companies (MNCs) to invest here but more could be done in terms of providing skilled labour, said General Electric (GE) Malaysia CEO Datuk Mark Rozario (pix).
— The Sun Daily

Maybank prepares to spin off and list insurance unit
MALAYAN Banking Bhd (Maybank), Malaysia’s biggest bank, is preparing to spin off and list its Etiqa insurance arm on the local stock exchange, sources with knowledge of the matter said on Wednesday.
— Business Times

Malaysia expected to have own fighter aircraft by 2030: Academician
Malaysia is expected to have its very own combat aircraft by 2030, said Universiti Putra Malaysia (UPM) Mechanical Engineering and Manufacturing Faculty senior lecturer Dr Mohd Roshdi Hassan.
— The Sun Daily

Kelantan parties banking on non-Malay votes to tip scales
Non-Malay voters only make up roughly six per cent of the predominantly Malay population in Kelantan, but political parties are paying more attention than ever to them ahead of what could be prove the most hotly-contested general election yet.
— Malay Mail

FT Research predicts BN victory
Research by a leading international financial newspaper revealed that the Barisan Nasional (BN) is likely to return to power in the 14th General Election (GE).
— The Star Online

IGP: Malaysia’s national defence, security aspects world-class
The Asian Defence Services (DSA) and National Security (NatSec) Asia 2018 exhibitions are proof that Malaysia is on par with other countries in terms of defence and security, says Inspector-General of Police Tan Sri Mohamad Fuzi Harun.
— Malay Mail

Climate Crisis: Digitalisation our best ally
ENSURING water security — sustainable access to water for enabling livelihoods, human wellbeing and socio-economic development — has emerged as the key priority on every nation’s agenda over the last decade. Last month’s World Water Day aimed to highlight this increasingly urgent international concern.
— New Straits Times

Online hiring hits high note in February with 11% rise: Monster
Online recruitment hit a high note in February 2018, growing 11% from the previous year, with job roles related to information technology, telecom/internet service provider; business process outsourcing and information technology enabled services taking the lead with 52% year-on-year (y-o-y) growth, according to Monster Employment Index.
— The Sun Daily

Malaysia Stocks At An All-Time High Ahead Of Elections
Malaysia’s stock market closed at an all-time high today (April 19), despite stock market volatility, global trade tensions and geopolitical risks.
— Malaysian Digest

 

Feature photo Ah Wei (Lung Wei)

 

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

junior writer/ trainee journalist at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations. She commenced as an intern and was appointed as a junior writer/ trainee journalist on April 2, 2018

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