Malaysia Morning News For February 21

Malaysia Morning News For February 21

Malaysia morning newsPM: Malaysia’s economic policies recognised internationally
Malaysia’s economic policies continue to be recognised internationally with the latest praise coming from the World Trade Organisation (WTO), said Prime Minister Datuk Seri Najib Razak.
— Malay Mail Online

Skyways Technics to expand into Malaysia
The huge growth of ATR turboprop aircraft market in Asia-Pacific has prompted Skyways Technics, a Denmark-based maintenance, repair and overhaul (MRO) specialist, to expand its facility in Malaysia.
— New Straits Times

Malaysia to help local security firms boost R&D
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia is committed to help local security firms in their Research and Development (R&D) programmes in producing competitive security products internationally.
— The Borneo Post

PetChem registers RM4.18b profit in 2017
Petronas Chemicals Group Bhd’s (PetChem) net profit rose 42.5 per cent to RM4.18 billion in the year ended December 31 2017 from RM2.93 billion previously.
— New Straits Times

Maxis subsidiary Aircel to file for bankruptcy
Aircel Ltd, the debt-laden Indian mobile network operator based in Gurgaon and 74% owned by Maxis Communications Bhd, will be filing for bankruptcy at the National Company Law Tribunal (NCLT), according to The Economic Times.
— The Star Online

CIMB adds new features to its EVA mobile app
CIMB Bank Bhd has added new features to its innovative and multi award-winning mobile application, the CIMB Enhanced Virtual Assistant (EVA), to bring further personalised, convenience and improved experience to its customers.
— New Straits Times

Malaysian firm HelloGold receives Islamic certification for its cryptocurrency
Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.
— DealStreetAsia

Nestle Malaysia proposes higher payout
Nestle (Malaysia) Bhd has proposed a higher final dividend payout for the year ended Dec 31, 2017 after the company reported a surge in net profit in the last quarter.
— The Star Online

Malaysia says in talks with Thailand over detained Uighur Muslims
Malaysia’s deputy prime minister on Tuesday said Kuala Lumpur was in talks with Thailand over the fate of 11 Uighur Muslims held in the country after escaping from a Thai detention centre last year.
— Business Insider

Report: Corrupt politicians in Kelantan on MACC’s radar
Several politicians in Kelantan are being closely monitored by the Malaysian Anti-Corruption Commission (MACC) following bribery allegations.
— Malay Mail Online

Clear policy needed on foreign labour
MANAGING the issues of foreign workers will remain pertinent in many years to come, and it is especially so given our steady economic growth, the latest estimate being 5.9 per cent for 2017.
— New Straits Times

Moody’s sees robust growth for Malaysia but leverage a concern
Moody’s Investors Service sees robust growth for the Malaysian economy in 2018, averaging growth of 5.2%, but it is concerned about the debt level and how the government can further reduce the fiscal deficit.
— The Star Online

Aidijuma spreads wings globally
MALAYSIA’S popular headscarf and shawl producer, Aidijuma Colours Group, together with modest wear e-commerce site HIJUP, have spread their wings into the global market by acquiring a majority stake in Haute Elan, the United Kingdom-based modest fashion and e-commerce company.
— New Straits Times


Feature photo i.gunawan


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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