Malaysian govt rallies support with budget perks - AFP - Sat 3:22 am
Malaysia's government on Friday offered tax cuts and sweeteners in a 2009 budget designed to restore support for the beleaguered coalition and spur growth in the face of a global slowdown.

[external] Malaysia unveils expansionary budget, deficit shocks - Reuters - Sat 2:43 am
KUALA LUMPUR, Aug 29 (Reuters) - Malaysian premier Abdullah Ahmad Badawi announced an expansionary federal budget on Friday, under pressure to shore up the government's flagging popularity as he wrestles with a yawning budget deficit.

[external] Malaysia sets tax breaks for Islamic bonds,training - Reuters - Sat 2:41 am
KUALA LUMPUR, Aug 29 (Reuters) - Malaysia will exempt taxes for three years on fees and profits earned from non-ringgit Islamic bond deals distributed outside the country to boost the industry, Prime Minister Abdullah Ahmad Badawi said on Friday.

[external] HIGHLIGHTS-Malaysia's 2009 Budget - Reuters - Sat 1:34 am
KUALA LUMPUR, Aug 29 (Reuters) - Following are the highlights of Malaysia's 2009 budget plans, announced in parliament on Friday by Prime Minister Abdullah Ahmad Badawi.

[external] IOI buys Kuala Lumpur Citi building for 586 mln rgt - Reuters - Sat 1:12 am
KUALA LUMPUR, Aug 29 (Reuters) - Malaysia's IOI Corp said on Friday it would buy Inverfin Sdn Bhd, whose sole asset is the Menara Citibank building in Kuala Lumpur, for 586.73 million ringgit ($173 million).

[external] HIGHLIGHTS-Malaysia's economic outlook for 2009 - Reuters - Sat 12:08 am
Aug 29 (Reuters) - Following are highlights from Malaysia's annual economic forecast from the Finance Ministry on Friday.
It details the expected outcomes for 2008 and 2009.
GROWTH

Indian carrier SpiceJet to maintain fares during festive season - AsiaPulse - Fri 8:53 pm
$fcs $in $air $trn

Malaysia's Media Prima Posts 39.1 PCT Jump in H1 Pre-Tax Profit - AsiaPulse - Fri 8:43 pm
KUALA LUMPUR, Aug 29 Asia Pulse - Media Prima Berhad (KLSE:4502), Malaysia's largest media group, has recorded a 39.1 per cent jump in interim pre-tax profit due to lower finance costs as well as the continued improvement in the operational results of associate New Straits Times (NSTP).

Powertek Offers US4.53 Cents Per KW for Bangladesh Power Plant - AsiaPulse - Fri 7:44 pm
DHAKA, Aug 29 Asia Pulse - Malaysia's Powertek Berhad Consortium has offered a flat tariff of US 4.5394 cents per kilowatt for 450MW Bibiyana Power Plant proposed to be set up in Habiganj.

Earlier Headlines

All times are Singapore Time (GMT+8)

· [external] Malaysia's Harrisons says Bumi Raya revises offer - Reuters - Fri 6:12 pm
· [external] Malaysia's c.bank announces money market tenders - Reuters - Fri 5:27 pm
· [external] Malaysia economic indicators - Aug 29 - Reuters - Fri 4:15 pm
· [external] Malaysia stocks seen in range, await budget - Reuters - Fri 4:10 pm
· [external] Malaysian Stocks - Factors to watch - Reuters - Fri 3:46 pm
· [external] STOCKS NEWS ASIA-Shares to rise as Wall St up on GDP data - Reuters - Fri 3:16 pm
· AirAsia profits plummet 95 percent in second quarter - AFP - Fri 6:45 am
· [external] Malaysia's UEM makes buyout offer for Pharmaniaga - Reuters - Fri 2:48 am
· [external] Anwar rejoins Malaysia parliament, clashes with govt - Reuters - Fri 2:47 am
· [external] Malaysia's Genting Q2 falls on weak power ops - Reuters - Fri 2:11 am

· [external] Anwar rejoins Malaysia parliament, heads opposition - Reuters - Fri 12:59 am
· [external] Malaysia's Anwar rejoins parliament, heads opposition - Reuters - Thu 9:17 pm
· [external] Anwar sworn in as MP in Malaysian parliament - Reuters - Thu 6:06 pm
· [external] Malaysia economic indicators - Aug 28 - Reuters - Thu 4:40 pm
· [external] Politics may drag Malaysian stocks further lower - Reuters - Thu 4:10 pm
· [external] STOCKS NEWS ASIA-Shares set to gain on firmer Wall St - Reuters - Thu 3:11 pm
· Profits at Malaysia's Maybank drop 7.9 percent - AFP - Thu 6:32 am
· [external] DIARY - Asian holidays to December 2008 - Reuters - Thu 5:17 am
· [external] Malaysia's MMC Q2 net profit down 22 percent - Reuters - Thu 3:30 am
· [external] Malaysia's Proton posts Q1 profit as sales rise - Reuters - Thu 3:28 am

· [external] UPDATE 3-Malaysia's Islamists endorse Anwar in bid for power - Reuters - Thu 3:16 am
· [external] Malaysia may struggle to sell bonds as risk rises - Reuters - Thu 2:56 am
· [external] Malaysia's Maybank Q4 profit falls on provisions - Reuters - Thu 2:38 am
· [external] Malaysia Maybank Q4 net profit down 33 pct - Reuters - Thu 2:28 am
· [external] Malaysia's Maybank posts Q4 net of 703 mln rgt - Reuters - Thu 1:50 am
· [external] Malaysia's Islamists endorse Anwar in bid for power - Reuters - Thu 1:22 am
· [external] CORRECTED - CORRECTED-Malaysia may struggle to sell bonds as risk rises - Reuters - Thu 1:15 am
· [external] PREVIEW-With eye on politics, Malaysia set for populist budget - Reuters - Thu 12:03 am
· [external] Malaysia's Islamists endorse Anwar, PM pressured - Reuters - Wed 8:34 pm
· [external] Malaysia's Islamists endorse Anwar - Reuters - Wed 7:53 pm