Malaysia Morning News For March 15

Malaysia Morning News For March 15

Malaysia morning newsMalaysian small businesses investing in technology, creating jobs
Malaysia’s small businesses are experiencing positive business conditions, with many adding jobs and investing in technology, according to CPA Australia’s eighth annual Asia-Pacific Small Business Survey.
— New Straits Times

Moody’s raises medium-term price band forecast for crude oil
Moody’s Investors Service has raised its medium-term price band for crude oil to US$45-US$65 per barrel from US$40-US$60 per bbl, as continued Opec-led production restraint and strong global demand growth contribute to declining global inventories, offsetting rapid increases in US shale production.
— The Sun Daily

Malaysia stands to gain from revised TPP trade pact
Malaysia stands to gain from the revised Trans-Pacific Partnership (TPP) agreement, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
— Free Malaysia Today

Malaysia less exposed to US trade war than regional peers
Malaysia is less exposed to US trade risk than its regional peers amid the rising trade war rhetoric following the latest changes in US President Donald Trump’s top administration.
— The Star Online

Ahmad Maslan: Only 12% of Bumi firms are macro businesses
Ahmad Maslan says ‘much needs to be done’ in developing the Bumiputera commercial and industrial community.
— Free Malaysia Today

Vsolar shifts focus from solar to biogas
Vsolar Group Bhd, which recently aborted plans for a 30MW solar energy plant project, has set its sights on biomass/biogas energy generation instead for shorter paybacks.
— The Sun Daily

Malaysia Airports to expand KLIA but no new terminal planned
Malaysia Airports Holdings Bhd (MAHB) is looking to expand the KLIA Main Terminal in Sepang and also undertake modification and systems upgrade in the next five years as it is reaching its capacity.
— The Star Online

BDB appoints Mohd Rizal to manage day-to-day business operations
Bina Darulaman Bhd has appointed its group financial officer Mohd Rizal Zubair to manage its day-to-day business operations following the demise of its managing director Datuk Izham Yusoff
— New Straits Times

Kelantan plantation – Golden Palm Growers still looking for a buyer
Golden Palm Growers Bhd, which wants to prematurely terminate its oil palm farm-sharing investment scheme, is still on the lookout for suitable buyers for its plantation in Kelantan.
— The Sun Daily

Cuckoo plans RM100M factory
SOUTH Korea’s home appliance maker, Cuckoo Electronics Co Ltd, plans to build a RM100 million factory in Malaysia to produce water purifier products.
— New Straits Times

Immediate support for IOI Properties at RM1.72, says AllianceDBS Research
AllianceDBS Research said IOI Properties Group Bhd (IOIPg) had on March 14 traded lower to RM1.76 before closing near the day’s low RM1.77 (down 4 sen or 2.21%).
— The Edge Markets

Consumer stocks are top performers on Bursa Malaysia
Stock illiquidity and rising market uncertainties are seen as reasons behind the unexpected strong showing of several foreign-controlled food and beverage (F&B) stocks, which have continued to record new highs.
— The Star Online

KLCI seen trending lower as bearish sentiment prevails, support at 1,844
The FBM KLCI is seen trending lower today, in line with the overnight fall at most global markets as a global trade war fear rattled investors, with support seen at the 1,844-point level.
— The Edge Markets

China and Malaysia share same aspirations
WITH the end of the Lantern Festival, the grand celebration of the Chinese New Year is drawing to a close.
— New Straits Times

 

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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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