PRESS DIGEST - Malaysia - March 25

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

THE STAR (www.thestar.com.my)

* A former opposition MP said he was once asked to implicate Malaysian Prime Minister Najib Razak and his wife for the murder of a Mongolian model.

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

* Malaysian Prime Minister Najib Razak announced initiatives to encourage the country's broadband internet usage, including a reduction in rates for internet packages from Telekom Malaysia (TLMM.KL).

BUSINESS TIMES (www.btimes.com.my)

* Malaysian builder Gamuda Bhd (GAMU.KL) said its associate made a 10.75 billion ringgit offer to take over the central Selangor state's water-related assets and operations.

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

* Bank Negara Malaysia will issue seven more banking licenses -- five for conventional banks and two for Islamic banks. Its governer Zeti Akhtar Aziz said the central bank was in the final stages of assessing the applicants that comprised of global banks and Islamic insurance companies.