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PRESS DIGEST - Malaysia - April 14

Sun Apr 13, 2008 8:34pm 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.

THE STAR (www.thestar.com.my)

- Port Dickson will have a duty-free zone and a new Customs, Immigration and Quarantine complex after a multi-million ringgit land reclamation project is completed, Negri Sembilan Mentri Besar (chief minister) Mohamad Hasan said.

- Malaysian energy services firm Tanjung Offshore Bhd (TJGO.KL: Quote, Profile, Research, Stock Buzz) is venturing into the platform abandonment services business and hopes to clinch a significant contract in the second half of the year, managing Director Omar Khalid said.

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

- The healing and soul-searching continues for Malaysia's ruling coalition, the Barisan Nasional (National Front), five weeks after its worst setback in the elections.

BUSINESS TIMES (www.btimes.com.my)

- The government has given in-principle approval to investment arm Khazanah Nasional Bhd to set up an Islamic reinsurance unit in Malaysia, the company said.

- As many as four companies are believed to be interested in India's largest auto-mobile company Tata Motor Ltd's franchise in Malaysia, industry excutives said.  Continued...

 

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