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PRESS DIGEST - Malaysia - April 18

Thu Apr 17, 2008 9:02pm EDT
 
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Following are the main stories in Malaysian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

ALL NEWSPAPERS

- A Judicial Appointments Commission to help the prime minister choose judges is to be set up as part of reforms announced on Thursday by Prime Minister Abdullah Ahmad Badawi to renew the people's trust in the judiciary.

THE STAR (www.thestar.com.my)

- The government has agreed to five of the six demands by Cuepacs, including extending the retirement age for civil servants from 56 years to 60, and the scrapping of the efficiency level assessment examination, Cuepaca President Omar Osman said.

- OSK Holdings Bhd (OSKH.KL: Quote, Profile, Research, Stock Buzz) sees double-digit revenue and earnings growth in the current financial year despite the weak global and domestic stock market, group Managing Director Ong Leong Huat said.

BUSINESS TIMES (www.btimes.com.my)

- Tune Group, famous for popularising the budget business model, is going into properties, said one of the founders of Tune Group, Kamarudin Meranun.

- Proton Holdings Bhd (PROT.KL: Quote, Profile, Research, Stock Buzz) is thinking of hiring former DaimlerChrysler Malaysia Sdn Bhd President and Chief Executive Officer Frank Steinleitner as its consultant or head of international market, sources said.  Continued...

 

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