Malaysia Daily News Update : 2nd December 2015

• Bursa Malaysia edged up in early trade today despite the stuttering regional markets, lifted by select index-linked blue chip stocks.
  The FBM KLCI index gained 1.28 points to 1,683.65.
   
• US stocks rallied into the close to end up nearly 1% amid weak manufacturing data. The S&P 500 breached the psychologically key level of 2,100 with the rising of healthcare sector.
   
• Protasco Bhd’s subsidiary Protasco Development Sdn Bhd has been awarded a RM300.5 million job by Perbadanan Putrajaya, to construct 1,100 units houses in the Federal Territory of Putrajaya under the 1Malaysia Civil Servants Housing Programme.

• Bank Negara Malaysia (BNM) will consider increasing its holdings of the yuan in its international reserves following the inclusion of the Chinese currency in the International Monetary Fund’s (IMF) currency basket, known as Special Drawing Rights (SDR).
   
• Felda Global Ventures Bhd’s (FGV) attempt to find a new investment mode in Indonesia’s PT Eagle High Plantations Tbk, citing unattractive valuations in anticipation of the improvement in crude palm oil (CPO) prices in 2016.

• AirAsia Bhd has announced a slew of changes in executive leadership for its unit AirAsia Japan, bringing in executives from Skymark Airlines.
   
• PRG announced that its executive director Datuk Seri Yeoh Soo Ann has stepped down from his post.