Malaysia Top News

Yudhoyono's 'feeble' speech gets harsh criticism
Jakarta Post
Condemnation greeted the President's “feeble” speech on mounting tensions between Indonesia and Malaysia, while a major party in the ruling coalition ...
Malaysia, Indonesia spat may go to courtSydney Morning Herald
Dispute Between Indonesia-Malaysia Is Overheating Agaianffog.net
Most Indonesians In Malaysia Not Influenced By Bendera - MuhyiddinBernama
TODAYonline -Jakarta Globe -Malaysia Star
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Scrap Import Duty For Used Tyres, Says TRMAM
Bernama
KUALA LUMPUR, Sept 3 (Bernama) -- The Tyre Retreading Manufacturers Association of Malaysia (TRMAM) has asked import duty for tyre casing or used tyres be ...

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Malaysia Star
FBM KLCI Futures Traded Lower On Easier Cash Market In Early Session
Bernama
KUALA LUMPUR, Sept 3 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were ...
BURSA MALAYSIA: Share Prices Open Lower On Profit-takingBernama
Telco Continues To Revolve Around Dividend ThemeBernama

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Abhisit Confident Of Bank Of Thailand's Ability To Cope With Stronger Baht
Bernama
BANGKOK, Sept 3 (Bernama) -- Prime Minister Abhisit Vejjajiva on Thursday expressed confidence that the Bank of Thailand (BoT) will be able to cope with the ...

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PUTRAJAYA: The Sessions Court has fixed Nov 30 to mention Tun Dr Ling Liong Sik's cheating case.

PUTRAJAYA, Sept 3 — Lawyers for Tun Dr Ling Liong Sik today asked for Cabinet documents on the Port Klang Free Zone (PKFZ) scandal to be declassified and the trial to be moved to Kuala Lumpur from here. The former transport minister’s lawyers said this today when the Putrajaya Sessions Court here moved mention of the case to November 30. Dr Ling ...

PUTRAJAYA: Most Indonesians will not abandon their jobs here, not when there is no guarantee of jobs and income back home, said Tan Sri Muhyiddin Yassin.

PUTRAJAYA: Gated and guarded neighbourhood schemes will have to follow new guidelines, said Tan Sri Muhyiddin Yassin.

KUANTAN: Pahang police arrested a 25-year-old man and seized 2.2kg of heroin during a raid at Lorong Pasar Baru.

He continues to be panned by his critics as being weak when dealing with Malaysia, but Indonesian President Susilo Bambang Yudhoyono has proven yet again that he is indeed a good friend to us.

KUALA LUMPUR: For orphan Lamia Subasic from Sarajevo in Bosnia Herzegovina, former Prime Minister Tun Dr Mahathir Mohamad is like a father figure.

GOMBAK: As many as 25 expressways in the country will be offering discounts and rebates during the Hari Raya season.

PETALING JAYA: The operation to reduce road deaths this Hari Raya begins today with the Ops Sikap swinging into action.

MALACCA: Community leaders of villages and Chinese new villages will be removed if they fail to perform, said MCA president Datuk Seri Dr Chua Soi Lek.

IPOH: Four-year-old “Annie” (not her real name) has never eaten a grain of rice in her life as her unemployed father could not provide for her and her three siblings.

KUALA LUMPUR: The share price of Oriental Holdings Bhd rose on Friday, Sept 3 after The Edge Financial Daily reported that the company's net cash position hit a record RM1.93 billion as at June 30, 2010, an increase of more than 100% from RM944.68 million as at Dec 31, 2006.At 9.15am, Orient was up 11 sen to RM5.28 with 23,600 shares traded.

KUALA LUMPUR: PPB Group Bhd's shares advanced on Friday, Sept 3 after the company said  it was expanding its flour and feed milling division.At 9.20am, PPB was up six sen to RM17.46 with 2,100 shares traded.PPB said it would set up an additional flour mill each in Indonesia and Vietnam with an investment of about US$50 million (RM156.5 million).

KUALA LUMPUR: The FBM KLCI slipped into the red in early traded on Friday, Sept 3, weighed down by losses at key blue chips including UMW, RHB Capital, Genting and Genting Malaysia.At 9.05am, the benchmark index fell 2.33 points to 1,438.74 on some mild profit taking due to the overbought technical condition of blue chips. Gainers led losers by 99 to 38, while 79 counters traded unchanged. Volume was 27.54 million shares valued at RM23.76 million.Among the early decliners, UMW fell eight sen to RM6.80, RHB Capital and Genting lost six sen each to RM6.80 and RM9.42, Supermax fell five sen to RM5.05, while Encorp, Genting Malaysia and AirAsia fell four sen each to 96 sen, RM3 and RM1.85.Bejaya Land was the top gainer and was up 16 sen to RM4.48; Aeon added 12 sen to RM5.38, Orient up nine sen to RM5.26 while JCY gained eight sen to RM1.13. Other gainers included Mamee, HSL, Tan Chong, PPB and Notion Vtec.

KUALA LUMPUR, Sept 3 — A Muslim non-governmental organisation said the banning of non-Muslims from mosques only puts Islam in a negative light. “We strongly feel that disallowing non-Muslims from entering mosques only portrays a negative image of Islam and is not in line with the examples set by the Prophet,” said Islamic Renaissance Front (IRF) ...

KUALA LUMPUR: CIMB Research said investors looking for a cheaper alternative to the small-cap food and beverage (F B) sector can opt for flexible packaging stocks such as Daibochi and Tomypak which derive some 90% of their revenue from the F B sector. “These stocks are trading at only 5 .0 times to 8 times CY11 P/E even though YTD, the share prices of the F B and packaging stocks in our small-cap coverage have shot up 65% on average compared to 9.6% for the FTSE Bursa Small Cap Index,” it said. The research house said on Friday, Sept 3 that  Daibochi and Tomypak also offer attractive gross dividend yields of 5% to 7%. In addition, these two companies pay dividends on a quarterly basis. “We continue to rate these stocks Buys and maintain our earnings forecasts and target prices of RM4.60 for Daibochi (12.0 times CY11 P/E or a 20% discount to 15 times target market P/E) and RM1.98 for Tomypak (8.4 times CY11 P/E or a 30% discount  to Daibochi’s 12 times target P/E),” it said.