PRESS DIGEST - Malaysia - July 6
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)
-- Government officers have moved in to improve the conditions of the 'House of Horror', said Health Minister Liow Tiong Lai.
-- The availability of online trading coupled with facilities offered by brokerages have encouraged more Malaysians to trade in overseas equity markets, a bank-backed brokerage head of dealing said.
BUSINESS TIMES (www.btimes.com.my)
-- The Federal Land Development Authority (Felda), the world's largest owner and manager of plantation land, is all set to open estates in more countries abroad as part of its plan to be a global player, Felda chairman Mohd Yusuf Noor said.
NEW STRAITS TIMES (www.nst.com.my)
-- A week to his 100th day in office, Prime Minister Najib Razak has expressed satisfaction with the performance of his cabinet members.
THE EDGE FINANCIAL DAILY (www.theedgemalaysia.com)
-- Corporates have started to hit the fundraising trail again as sentiment improves in anticipation of an economic recovery gaining traction in the second half of the year, industry players said.
-- Dreamgate Corporation Bhd (DREM.KL) has bagged its single biggest deal in Macau, the company's managing director K S Chuah said.
THE MALAYSIAN RESERVE (www.themalaysianreserve.com)
-- Stimulus packages that are not accompanied by any assurance of "transparency" could give rise to a lack of investor confidence and general mistrust among the people, the Malaysian Institute of Economic Research (MIER) executive director Mohamed Ariff Abdul Kareem said.
-- DiGi.Com Bhd (DSOM.KL) is currently finalising the issuance of 300 million ringgit in bonds for its working capital requirements, a spokesperson for the mobile operator said.
THE SUN (www.sun2surf.com)
-- The Selangor government has in the past year sacked or transferred about 20 state-appointed government officers who committed offences ranging from dereliction of duty to corruption, executive councillor for local government, research and development Ronnie Liu said. Continued...
