PRESS DIGEST - Malaysia - Oct 12

Following are the main stories in Malaysian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

ALL NEWSPAPERS

- Barisan Nasional (National Front) retained the Bagan Pinang state seat in the by-election on Sunday, securing a bigger majority than in last year's general election.

THE STAR (www.thestar.com.my)

- A call has been made to Malaysian Chinese Association (MCA) president Ong Tee Keat not to make any decision until the party's central committee meeting on Thursday, party secretary-general Wong Foon Meng said.

- A number of commercial banks are planning to break into the lucrative market of lending to government employees after being allowed to make automatic salary deductions.

NEW STRAITS TIMES (www.nst.com.my)

- Prime Minister Najib Razak wants an immediate decision on the Malaysian Chinese Association (MCA) top leadership after the shocking outcome of the party's extraordinary general meeting (EGM) on Saturday.

BUSINESS TIMES (www.btimes.com.my)

- Malaysian Aerospace Engineering Sdn Bhd (MAE), the engineering and maintenance arm of Malaysia Airlines (MAS) (MASM.KL), expects work from its parent and other carriers to contribute equally to revenue for the year ending December 31, 2010, managing director Mohd Roslan Ismail said.

THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)

- Supermax Corporation Bhd (SUPM.KL) has revised upwards the selling prices of its gloves for forward shipments starting December to mitigate the impact of the weakening US dollar, its group managing director Stangley Thai said.

THE MALAYSIAN RESERVE (www.themalaysianreserve.com)

- The high speed broadband initiative has begun to take shape with Telekom Malaysia Bhd (TLMM.KL), the proponent of the estimated 12 billion ringgit ($3.53 billion) project, awarding multi-million ringgit contracts to three local telecommunications companies, sources said.

THE SUN (www.sun2surf.com)

- Prime Minister Najib Razak says decisions taken at an extraordinary general meeting, the highest authority of any political structure, should be adhered to.

- Both the Federation of Malaysian Consumers Association (Fomca) and Pan Malaysia Lorry Owners Association (PMLOA) are opposing the 50 billion ringgit proposal by Asas Serba Sdn Bhd to acquire the country's 22 tolled highways, PMLOA president Er Sui See said. ** Looking for more information from local sources? Reuters Business Briefing has 13 Malaysian sources including Business Times Malaysia. For details of the product please call your local help desk (PHONE/HELP). ((Kuala Lumpur newsroom, +60 3 2333 8046; fax +60 3 2072-6752, areuters@gmail.com))