PRESS DIGEST - Malaysia - Jan 8
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)
-- Malaysia has given the United Nations Security Council an ultimatum to come up with a resolution to condemn Israel on its brutal aggression against Palestine, Foreign Minister Rais Yatim said.
-- PLUS Expressways Bhd's (PLUE.KL) 10 percent toll hike, scheduled to have taken effect Jan 1, is still pending government approval, according to an industry source.
BUSINESS TIMES (www.btimes.com.my)
-- The cancellation of a massive contract awarded to a joint-venture company in which WCT Bhd (WCTE.KL) participated is prompting some analysts to take a closer look at Dubai.
THE NEW STRAITS TIMES (www.nst.con.my)
-- Foreign Minister Rais Yatim said ASEAN leaders and several Muslim states have responded positively to Malaysia's call for a special meeting of the United Nations general assembly to end the bloody conflict in Gaza.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com)
-- Genting International GNTG.SI, a subsidiary of Genting Bhd (GENT.KL), has forked out S$2 billion, which is the total equity portion, in the funding of the S$6 billion Resorts World at Sentosa project in Singapore.
THE MALAYSIAN RESERVE (www.themalaysianreserve.com)
-- KLCC Property Holdings Bhd (KCCP.KL) has awarded a 665 million ringgit ($190.1 million) mixed-development project to a South Korean firm.
THE SUN (www.sun2surf.com)
-- Law enforcement personnel used excessive force against two individuals during an incident at Persiaran Bandar Mahkota Cheras 1 last May 27, the Human Rights Commission of Malaysia has found.
** 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). ($1=3.498 Malaysian Ringgit)
