PRESS DIGEST - Malaysia - Feb 11

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)

- Penang Chief Minister Koh Tsu Koon is set to move to the federal level after confirming that he prefers to move on.

- Bandar Raya Development Bhd (BRDS.KL: Quote, Profile, Research, Stock Buzz) will launch projects with gross development value of two billion ringgit locally this year while keeping its eyes open for opportunities abroad, its Chief Executive Officer Jagan Sabapathy said.

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

- The report card of Barisan Nasional-elected representatives will be among the factors determining whether they are nominated again for the general election, Prime Minister Abdullah Ahmad Badawi said.

BUSINESS TIMES (www.btimes.com.my)

- Retail sales in Malaysia is forecast to grow slower than initially thought this year as higher living costs and stagnant salaries weigh on consumer confidence, Retail Group Malaysia Sdn Bhd Managing Director, Tan Hai Hsin said.

- NGV Tech Sdn Bhd, a low-profile shipbuilder, is in the final stages of negotiating contracts worth 500 million ringgit, its Managing Director Jamalolail Mohd Yatim said.