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Malaysia to spend more on subsidies than development: PM
KUALA LUMPUR (AFP) - Malaysia says it will spend more money subsidising oil and gas this year than on developing the country with Prime Minister Abdullah Ahmad Badawi calling for a review of all...

MALAYSIA TO HOST TWO INT'L TOURISM CONFERENCES THIS YEAR
DUBAI, May 9 Asia Pulse - Malaysia will host two international tourism conferences, the Global Islamic Tourism Conference and Exhibition (GITC) and the Asia International Tourism Expo (AITE), this...

BRISK SALES EXPECTED AT MALAYSIAN INT'L HALAL SHOWCASE 2008
KUALA LUMPUR, May 9 Asia Pulse - The Malaysian International Halal Showcase 2008 (MIHAS 2008) which took off here Wednesday is expected to see trade transactions exceeding RM2 billion (US$625...

MALAYSIAN PM TELLS HALAL COS TO FORM STRATEGIC INT'L LINKS
KUALA LUMPUR, May 9 Asia Pulse - Prime Minister Abdullah Ahmad Badawi Thursday called on Malaysian companies to form strategic linkages with international brands of halal products either through...

MALAYSIA'S INFRASTRUCTURE DEVT ON RIGHT TRACK: DPM
PUTRAJAYA, May 9 Asia Pulse - The country's infrastructure development is on the right track to propel the government's vision of turning Malaysia into a developed nation by 2020, Najib Tun Razak...

MALAYSIA TO HOST FIRST INT'L CONFERENCE ON MUSLIM TOURISM
KUALA LUMPUR, May 9 Asia Pulse - The Malaysian Association of Tours and Travel Agents (MATTA) will hold a one-day conference to create a better understanding and promote the benefits of Muslim...

MALAYSIA'S EXPORTS OF HALAL PRODUCTS & SERVICES SET TO SOAR:MINISTER
KUALA LUMPUR, May 9 Asia Pulse - Malaysia's exports of halal products and services are expected to increase significantly in the coming years due to the growing demand from the Organisation of...

MALAYSIA'S MBM LOGS 124% JUMP IN Q1 PROFIT ON BRISK VEHICLE SALES
KUALA LUMPUR, May 9 Asia Pulse - Auto retailer MBM Resources Bhd (KLSE:5983) has recorded first quarter pre-tax profit of RM51.496 million (US$16.1 million), up 124.1 per cent from RM22.979...

MALAYSIA'S BINA DARULAMAN WINS CONTRACT TO UPGRADE ROADS IN KEDAH
KUALA LUMPUR, May 9 Asia Pulse - Bina Darulaman Bhd (KLSE:6173) on Thursday said it has won a RM49 million (US$15.3 million) contract in the northern state of Kedah to upgrade several roads for...

US AID FLIGHT TO MYANMAR GROUNDED: US AMBASSADOR
BANGKOK, May 9 Asia Pulse - The US ambassador to Thailand announced Thursday that the American military C-130 aircraft assigned to deliver the first installment of President George Bush's earlier...

THAILAND TO SELL 500,000 TONNES OF RICE TO MALAYSIA
BANGKOK, May 9 Asia Pulse - Thailand will export 500,000 tonnes of rice to its neighbour Malaysia as it is facing a severe shortage for domestic consumption, a Thai government spokesman said on...

MALAYSIA'S LIEN HOE SELLS SUBSIDIARY FOR US$19.1 MLN
KUALA LUMPUR, May 8 Asia Pulse - Lien Hoe Corporation Berhad (KLSE:3573) on Wednesday said it is selling its entire stake in Russella Teguh Sdn Bhd for RM61 million (US$19.1 million) cash. It...

MALAYSIA'S AIRASIA TO LAUNCH NEW SULAWESI ROUTE
JAKARTA, May 8 Asia Pulse - Malaysia's AirAsia will start direct flights between Kuala Lumpur and Makassar in South Sulawesi in June. A manager of AirAsia, Yap Mun Ching, said the low cost carrier...

MALAYSIA'S FRASER & NEAVE REGISTERS 23.6 PCT JUMP IN H1 PROFIT
KUALA LUMPUR, May 8 Asia Pulse - Fraser & Neave Holdings Bhd (F&N) (KLSE:3689) has registered a 23.6 per cent on-year jump in interim pre-tax profit to RM132.161 million (US$41.3 million), driven...

INDONESIA'S ADARO ENERGY HOPES TO EARN $US800MLN FROM IPO
JAKARTA, May 8 Asia Pulse - Indonesian energy company PT Adaro Energy said it may earn up to US$$800 million from an initial public offering its plans to launch in July. The parent company,...

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