PRESS DIGEST - Malaysia - Nov 19

Tue Nov 18, 2008 7:09pm EST
 
[-] Text [+]

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

ALLL NEWSPAPERS

-- Starting Jan. 1, private cars using the North-South Expressway and the North-South Central Link will enjoy a 10 percent discount when travelling between midnight and 7am, PLUS Managing Director Noorizah Abd Hamid said.

THE STAR (www.thestar.com.my)

-- Two to three Malaysians are either barred from leaving for India or deported daily due to fake visas issued to them.

-- Lenders to Transmile Group Bhd (TMGB.KL) are unlikely to settle for anything less than cash from the airfreight operator, an analyst said.

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

-- Prime Minister and UMNO President, Abdullah Ahmad Badawi wants a quick solution to Wanita (Women) UMNO's leadership succession plan which has led to problems in the wing.

-- AirAsia Bhd (AIRA.KL) is looking into the possibility of flying to Uzbekistan following a request by Prime Minister Abdullah Ahmad Badawi.

BUSINESS TIMES (www.btimes.com.my)

-- Property companies will have to wait a bit longer to get their hands on the government's prime land in the Klang Valley as details are being finalised by the Economic Planning Unit (EPU), EPU Director-General Sulaiman Mahbob said.

-- The country's automotive policy should be overhauled to ensure a fairer and more open industry for both local and foreign players, industry watchers said.

THE EDGE FINANCIAL DAILY (www.theedgedaily.com)

-- Bursa Malaysia (BMYS.KL) will operate on a new securities trading platform from next month, which may also open doors for the local bourse to develop a common trading platform with regional bourses in the future, its Chief Executive Officer Yusli Mohamed Yusoff said.

THE MALAYSIAN RESERVE (www.themalaysianreserve.com)

-- Two Islamic fund managers, one from India and another from Kuwait, are the latest global players to receive approval to operate in Malaysia, the Securities Commission said.  Continued...

 

Featured Broker sponsored link