Malaysia Morning News For April 23

Malaysia Morning News For April 23

Malaysia morning newsMalaysia’s franchise industry is expected to grow five per cent this year
Malaysia’s franchise industry is expected to grow five per cent this year due to its good prospects in the international markets.
— New Straits Times

Malaysia says will look into bot activity on Twitter, upon complaints
Malaysian regulators will look into the activity of automated accounts on Twitter, known as bots, in the run-up to a general election if they get complaints about them, the communications and multimedia minister said.
— Business Insider

Country Report on Human Rights Practices for 2017
— US Department of State

Islamic party aims to hold the key in Malaysia’s election
The outcome of next month’s election in Malaysia may hinge on the performance of a party that has strived for decades to turn the country into an Islamic state and enforce harsher penalties on Muslims for adultery, theft and drinking alcohol.
— Business Insider

PM: Good management of economy benefits people
Prime Minister Datuk Seri Najib Tun Razak yesterday said the good and excellent management of the country’s economy under the Barisan Nasional (BN) government has enabled the people to benefit from it directly.
— The Borneo Post

Maybank gets BNM approval to acquire asset management firms
Bank Negara Malaysia has approved Malayan Banking Bhd’s proposed acquisition of Amanah Mutual Bhd (AMB) and Singapore Unit Trusts Ltd (SUTL) for RM51 million.
— New Straits Times

AirAsia to step up flights within Sabah and Sarawak to grow domestic operations
Low-cost carrier AirAsia Bhd sees room for expanding its domestic operations, which contribute about 40% to its revenue currently, with intercity flights within Sabah and Sarawak.
— The Sun Daily

Malaysia election: Ex-finance minister Daim criticises GST relief for China firm in rail project
Former Malaysian finance minister Daim Zainuddin has criticised the government’s decision to waive the goods and services tax (GST) for a big China company which is building a controversial RM55 billion (S$18.6 billion) East Coast Rail Link (ECRL).
— The Straits Times

7-Eleven Malaysia to acquire 60% of food supplier Café Decoral
Convenience Shopping Sdn Bhd, a fully owned subsidiary of 7-Eleven Malaysia Holdings Berhad (SEMH), has agreed to acquire a 60 per cent stake in Café Decoral Sdn Bhd, a ready-to-eat food supplier, for RM600,000.
— DealStreetAsia

Sarawak’s PRS sacks 5, including minister
Parti Rakyat Sarawak (PRS) has sacked five of its top leaders, including Joseph Entulu Belaun, its deputy president who is also minister in the Prime Minister’s Department, for questioning the party’s list of candidates for the coming polls.
— Free Malaysia Today

Penang Undersea Tunnel Project: A Transformation The Island Does Not Need
Launched two weeks ago, the Penang Barisan Nasional (BN) manifesto had put forward 60 pledges for Penangites that contain six main points that address the frequent floods, rampant hillside development, affordable housing, as well as, the economy and welfare.
— Malaysian Digest

Celcom, edotco create network service excellence firm
CELCOM Axiata Bhd and edotco Malaysia Sdn Bhd launched On Site Services Sdn Bhd, a new organisation focused on achieving operational and maintenance service delivery excellence.
— Digital News Asia

U.S. Company Executive Describes Malaysia As An “Important Business Centre” Of Asia Pacific
A United States company executive, having good knowledge of and hands-on experience in Asia, has described Malaysia as an “important business centre” in the Asia-Pacific region.
— Malaysian Digest

Engineering technology dominating 4th IR
AN unpredictable and unprecedented technological change is looming with the advent of the (4th IR) 4th Industrial Revolution.
— New Straits Times

IPO market to pick up pace
FRESH reports this week that Malayan Banking Bhd (Maybank) is preparing to spin off and list its insurance arm Etiqa on Bursa Malaysia has stirred some interest in the local initial public offering (IPO) market, suggesting that things may pick up in the second half of this year after a considerably quiet first half.
— The Star Online

KLCI to trade range bound, stay above 1,870-level
The FBM KLCI is expected to trade range bound today but stay above the 1,870-point level, in line with the dip last Friday at most global markets.
— The Edge Markets

Malaysia steps aside from hosting CHOGM 2020, says Anifah
Malaysia has decided not to host the 2020 Commonwealth Heads of Government Meeting (CHOGM) but is open to staging the event sometime in the future, said Foreign Minister .
— Malay Mail

Producing self-directed learners
EDUCATORS in the higher education sector have an important role to play in nurturing self-directed or independent learners.
— New Straits Times


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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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