Malaysia Morning News For January 18

Malaysia Morning News For January 18

Malaysia morning newsMalaysian infra firms to maintain stronger credit profiles, says S&P
S&P Global Ratings expects infrastructure majors in Singapore, Malaysia, Thailand and the Philippines to be on stronger footing versus their peers in India and Indonesia.
— The Star Online

Govt. rep: Malaysia prepares for fourth IR, plans to move into high tech industries
As Malaysia prepares for the fourth industrial revolution, it seeks to “move away from industries depending on cheap labour and into high technology investments in aerospace, railways and shipbuilding”, revealed Tan Sri Zakri Abd Hamid, scientific advisor to the Malaysian Prime Minister.
— Human Resources Online

Petrol prices up four sen, diesel unchanged
The prices of RON95 and RON97 petrol will rise by four sen effective midnight, while the price for diesel remains unchanged.
— Malay Mail Online

PSM: Reject all unfair trade deals, including TPPA’s replacement
Parti Sosialis Malaysia (PSM) said it would fight all trade agreements that it considered unfair and only favoured big corporations, including a new regional economic partnership that is set to replace the US-sponsored Trans-Pacific Partnership Agreement (TPPA).
— Free Malaysia Today

Axiata Group Pledges To Be Free From Corruption
Axiata Group Bhd and its group of companies recently reaffirmed their pledge to be free from corruption.
— Malaysian Digest

Malaysia, a major market attraction post-Brexit
IT has been more than a year since the British voted to leave the European Union (EU), dubbed Brexit.
— New Straits Times

It is time for Malaysia to review its labour policies
Malaysia needs to relook at its labour policies to match its economic reality better. The weakening of ringgit is just one of the many challenges.
— Asean Today

TA Investment launches TA Dana Global 50
TA Investment Management Bhd has launched a new fund, TA Dana Global 50, an income fund that will invest at least 95 per cent of its net asset value in Shariah-compliant fixed income instruments and the remainder in Shariah-compliant liquid assets.
— New Straits Times

Mah: EU’s move against palm oil is “unjustified and discriminatory”
Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong today slammed the European Union (EU) Parliament’s decision to ban all palm oil biofuels from the bloc’s renewable energy future, calling the move unjustified and discriminatory.
— The Edges Markets

Rent-to-own scheme ‘best option’ to help Malaysians own homes
The HouzKEY rent-to-own plan finally open for online application is not ideal, but it is currently the “best option” to increase home ownership among Malaysians, according to Datuk Jerry Chan Fook Sing.
— Malay Mail Online

No sign of property bubble, says CBRE-WTW managing director
The so-called impending property bubble is unlikely to happen this year, as there are no signs to indicate such a trend at the moment, CBRE-WTW managing director Foo Gee Jen said.
— The Sun Daily

People not benefitting from Malaysia’s ‘2-speed economy’, says DAP lawmaker
SMALL business owners and the working class are not reaping the benefits of Malaysia’s growth because a “two-speed economy” existed under Prime Minister Najib Razak’s administration, an opposition-funded forum was told.
— The Malaysian Insight

Malaysia will not progress if women’s roles are ignored: Najib
Nations will not progress and succeed if the role of women is ignored in the process of national development, said Malaysian Prime Minister Najib Razak on Wednesday (Jan 17), adding that Malaysia is committed to do more to empower women.
— Channel NewsAsia

Labuan IBFC to unveil transformational plan
The Labuan International Business and Financial Centre’s (Labuan IBFC) Transformational Plan is designed to turn Labuan into a well-integrated regional economic hub to better serve the business, investment and intermediation needs of the region, including East the Malaysian and Asian markets.
— New Straits Times

 

Feature photo Bernard Spragg. NZ

 

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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