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)
- Villagers watched in horror as a well-known doctor hung on precariously after his aircraft crashed into trees in a dense forest area in Simunjan, about 90km from Kuching, Sarawak.
- Pengurusan Aset Air Bhd (PAAB) has submitted a proposal to take over the assets of water concessionaires in Selangor to the Energy, Green Technology and Water Ministry, a source said.
NEW STRAITS TIMES (www.nst.com.my)
- Some 6,700 lives were lost on Malaysian roads last year - the highest number recorded in the last five years, Raod Safety Department director-general Suret Singh said.
- An early voting system, also known as advance voting, that allows voters to cast their votes earlier, and a two-day cooling-off period before polling, may be implemented in the country, Election Commission (EC) deputy chairman Wan Ahmad Wan Omar said.
BUSINESS TIMES (www.btimes.com.my)
- Mizuho Financial Group Inc, Japan's third largest bank, says it is keen on obtaining a banking licence in Malaysia amid growing business opportunities between both countries, a Mizuho spokesperson said.
- Automotive parts and components maker Sapura Industrial Bhd targets to grow its business abroad to account for one third of the group revenue within five years, its chief executive officer Mohamad Razali Osman said.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)
- Tanjung Offshore Bhd is bidding for up to 1.5 billion ringgit ($441.8 million) worth of projects as it pursues an organic growth strategy towards sustaining earnings over the longer term, its managing director Omar Khalid said.
THE MALAYSIA RESERVE (www.themalaysianreserve.com)
- The future of the electronics and electrical industry could see some changes as 'unsustainability' in the largest consumer market continues into 2010, a Washington-based group representing consortium of multimedia corporations in Malaysia said.
- Chemical Company of Malaysia Bhd said its pharmaceuticals and fertilizers divisions plans to spend about 119 million ringgit for capital expansion in 2010, its group managing director Mohd Hashim Tajudin said.
THE SUN (www.sun2surf.com)
- Gold prices surged last year by 12.1 percent year-to-year an average of $984.90 (3,348.70 ringgit) per troy ounce driven by broad commodity rally and US dollar decline.
** Looking for more information from local sources? Reuters Business Briefing has 13 Malaysian sources including Business Times Malaysia. For details of the product please call your local help desk (PHONE/HELP).
($1=3.395 Malaysian Ringgit) (Kuala Lumpur newsroom, +603 2333 8046; fax +603 2072-6752, areuters@gmail.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
THE STAR (www.thestar.com.my)
- Villagers watched in horror as a well-known doctor hung on precariously after his aircraft crashed into trees in a dense forest area in Simunjan, about 90km from Kuching, Sarawak.
- Pengurusan Aset Air Bhd (PAAB) has submitted a proposal to take over the assets of water concessionaires in Selangor to the Energy, Green Technology and Water Ministry, a source said.
NEW STRAITS TIMES (www.nst.com.my)
- Some 6,700 lives were lost on Malaysian roads last year - the highest number recorded in the last five years, Raod Safety Department director-general Suret Singh said.
- An early voting system, also known as advance voting, that allows voters to cast their votes earlier, and a two-day cooling-off period before polling, may be implemented in the country, Election Commission (EC) deputy chairman Wan Ahmad Wan Omar said.
BUSINESS TIMES (www.btimes.com.my)
- Mizuho Financial Group Inc, Japan's third largest bank, says it is keen on obtaining a banking licence in Malaysia amid growing business opportunities between both countries, a Mizuho spokesperson said.
- Automotive parts and components maker Sapura Industrial Bhd targets to grow its business abroad to account for one third of the group revenue within five years, its chief executive officer Mohamad Razali Osman said.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)
- Tanjung Offshore Bhd is bidding for up to 1.5 billion ringgit ($441.8 million) worth of projects as it pursues an organic growth strategy towards sustaining earnings over the longer term, its managing director Omar Khalid said.
THE MALAYSIA RESERVE (www.themalaysianreserve.com)
- The future of the electronics and electrical industry could see some changes as 'unsustainability' in the largest consumer market continues into 2010, a Washington-based group representing consortium of multimedia corporations in Malaysia said.
- Chemical Company of Malaysia Bhd said its pharmaceuticals and fertilizers divisions plans to spend about 119 million ringgit for capital expansion in 2010, its group managing director Mohd Hashim Tajudin said.
THE SUN (www.sun2surf.com)
- Gold prices surged last year by 12.1 percent year-to-year an average of $984.90 (3,348.70 ringgit) per troy ounce driven by broad commodity rally and US dollar decline.
** Looking for more information from local sources? Reuters Business Briefing has 13 Malaysian sources including Business Times Malaysia. For details of the product please call your local help desk (PHONE/HELP).
($1=3.395 Malaysian Ringgit) (Kuala Lumpur newsroom, +603 2333 8046; fax +603 2072-6752, areuters@gmail.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News