PRESS DIGEST - Malaysia - Aug 27

Tue Aug 26, 2008 8:19pm EDT
 
[-] Text [+]

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

ALL NEWSPAPERS

-- Parti Keadilan Rakyat (People Justice Party) adviser Anwar Ibrahim on Tuesday won the Permatang Pauh by-election with a thumping majority of 15,671 to mark his official return to politics after an enforced absence of 10 years.

-- Plantation giant Sime Darby Bhd (SIME.KL) posted a record net profit of 3.51 billion ringgit for the financial year ended June 30, 2008, up 47 percent from 2.4 billion ringgit in 2007.

THE STAR (www.thestar.com.my)

-- TM International Bhd's TMIT.KL net profit for the second quarter ended June 30 fell 37.7 percent to 366 million ringgit from 588 million ringgit a year earlier, despite a 556 million ringgit, or 23.4 percent, rise in revenue.

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

-- Malaysia and Brunei have agreed on a solution to determine their overlapping land and maritime borders, Prime Minister Abdullah Ahmad Badawi said.

THE MALAYSIAN RESERVE (www.themalaysianreserve.com)

-- Malaysia's decision to leave interest rates unchanged this week despite soaring inflation could push the ringgit lower and dampen foreign interest in local bonds, analysts said.

THE SUN (www.sun2surf.com)

-- Hyundai-Sime Darby Motors Sdn Bhd is upbeat on its sales performance for the second half of this year, riding on its newly launched super-long warranty package and some select models, Managing Director Dennis Ho said.

UTUSAN MALAYSIA (www.utusan.com.my)

-- Deputy Prime Minister Najib Razak said government is prepared to make the necessary changes to regain public confidence to UMNO and Barisan Nasional (National Front).

** 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).

 

Companies In This Article

Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better