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)
- Fast-rising CIMB Group Holdings Bhd, the country's second biggest banks in terms of assets, is turning on the heat on leader Malayan Banking Bhd (Maybank), with share price rising 128 percent over the past year, outpacing Maybank's 84 percent gain over the same period, stock exchange data showed.
NEW STRAITS TIMES (www.nst.com.my)
- Prime Minister Najib Razak on Tuesday announced a comprehensive career advancement plan for doctors, dentists and pharmacists serving in the public sector.
BUSINESS TIMES (www.btimes.com.my)
- PLUS Expressways Bhd, the country's largest toll highway operator, has cautioned promoters of the second north-south highway, saying that the project is not viable currently, PLUS managing director Noorizah Abd Hamid said.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)
- A party linked to Ho Hup Construction Co Bhd's deputy executive chairman Vincent Lye has filed for an injunction to block an extraordinary general meeting (EGM) scheduled for March 17, a source said.
THE MALAYSIA RESERVE (www.themalaysianreserve.com)
- Nestle (Malaysia) Bhd expects a better year in 2010 with average demand growth to at least match the rate of growth in the economy, said its managing director Peter R Vogt.
- Petronas is keen to work with Norwegian oil and gas companies to leverage on their expertise on deepwater exploration, said its president Shamsul Azhar Abbas.
THE SUN (www.sun2surf.com)
- The government's 5.1 percent fiscal deficit target for this year is achievable provided there is no unexpected spending, said RAM Holdings Bhd Group chief economist Yeah Kim Leng.
- Palm oil industry players are comfortable trading in Malaysia given the country's track record in the trade, Bursa Malaysia chief executive officer Yusli Mohamed Yusoff said.
** 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=3.364 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)
- Fast-rising CIMB Group Holdings Bhd, the country's second biggest banks in terms of assets, is turning on the heat on leader Malayan Banking Bhd (Maybank), with share price rising 128 percent over the past year, outpacing Maybank's 84 percent gain over the same period, stock exchange data showed.
NEW STRAITS TIMES (www.nst.com.my)
- Prime Minister Najib Razak on Tuesday announced a comprehensive career advancement plan for doctors, dentists and pharmacists serving in the public sector.
BUSINESS TIMES (www.btimes.com.my)
- PLUS Expressways Bhd, the country's largest toll highway operator, has cautioned promoters of the second north-south highway, saying that the project is not viable currently, PLUS managing director Noorizah Abd Hamid said.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)
- A party linked to Ho Hup Construction Co Bhd's deputy executive chairman Vincent Lye has filed for an injunction to block an extraordinary general meeting (EGM) scheduled for March 17, a source said.
THE MALAYSIA RESERVE (www.themalaysianreserve.com)
- Nestle (Malaysia) Bhd expects a better year in 2010 with average demand growth to at least match the rate of growth in the economy, said its managing director Peter R Vogt.
- Petronas is keen to work with Norwegian oil and gas companies to leverage on their expertise on deepwater exploration, said its president Shamsul Azhar Abbas.
THE SUN (www.sun2surf.com)
- The government's 5.1 percent fiscal deficit target for this year is achievable provided there is no unexpected spending, said RAM Holdings Bhd Group chief economist Yeah Kim Leng.
- Palm oil industry players are comfortable trading in Malaysia given the country's track record in the trade, Bursa Malaysia chief executive officer Yusli Mohamed Yusoff said.
** 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=3.364 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.
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