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)
BANKS ARE OPTIMISTIC ON THE OUTLOOK FOR TRADE FINANCING this year, buoyed by increasing demand from the domestic manufacturing sector due to stabilising global economic conditions.
NEW STRAITS TIMES (www.nst.com.my)
POLICE SHOULD NOT BE DEFENSIVE OVER THE SHOOTING OF A schoolboy nor do anything that could be construed as trying to cover up to their men, said Prime Minister Najib Razak.
BUSINESS TIMES (www.btimes.com.my)
SME CORP MALAYSIA HAS SUSPENDED ALL GRANTS INDEFINITELY AS it restructures funding facilities to stop abuses in the system, its chief executive officer Hafsah Hashim said.
DRB-HICOM BHD'S SUBSIDIARY, EUROMOBIL SDN BHD, IS looking into assembling Audi vehicles locally after recently securing franchise of the German marque in Malaysia, said group director for automotive Nik Hamdan Nik Hassan.
THE SUN (www.sun2surf.com)
HOME MINISTER HISHAMMUDDIN HUSSEIN WANTS MALAYSIANS NOT have negative preceptions of the police force after the fatal shooting of schoolboy.
TNT EXPRESS WORLDWIDE (M) SDN BHD, A UNIT OF NETHERLANDS- based logistics group TNT NV, is upbeat on its operations in Malaysia and will continue to invest in its infrastructure, managing director Gerry Power said.
THE EDGE FINANCIAL DAILY (www.theedgedaily.com.my)
FOOD AND BEVERAGE MANUFACTURER MAMEE DOUBLE-DECKER (M) BHD AIMS TO OUTPERFORM ITS LAST YEAR'S FINANCIAL RESULTS BY launching new products as well as strengthening its distribution channels, its chief executive officer Pang Tee Chew said.
SHIN YANG SHIPPING CORP BHD, SET TO LIST ON BURSA MALAYSIA, is setting its sights on the booming oil and gas industry in the Middle East and the increasing trade in Asia, its chief executive officer Ting Hien Liong said.
THE MALAYSIAN RESERVE (www.themalaysianreserve.com)
PROTON CARS FACED WHAT IS PROBABLY ITS WORST DELIVERY hiccup when a new central logistics hub meant to improve delivery from the manufacturer to dealers broke down due to a computer glitch, Proton Edar general manager for sales Sidek Abd Hamid said.
VASTALUX ENERGY BHD'S CHIEF EXECUTIVE OFFICER Amirul Azhar Baharom has resigned after four months of taking charge at the trouble-laden oil and gas company.
(Kuala Lumpur newsroom, +603 2333 8046; fax +603 2072 6752, areuters@gmail.com)
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