Tough Times In The Media Industry

The Morning Run crew gives you their take on today's business headlines:  0:21 - New Straits Time, Berita Harian and Harian Metro will only be available in the digital version in East Malaysia starting from Oct 1 2017. Star Media had also stopped physical copies in East Malaysia and went full digital there. We discuss the challenges facing the media industry locally as well as globally. 7:15 - Mammoth Empire Holdings has put the land earmarked for its ambitious multi billion ringgit Empire City Damansara 2 project, up for sale.We discuss the potential divestment and the recent land acquisitions by its competitors Mah Sing and Sunway. 10:05 - Bank Negara Malaysia (BNM) intends to implement the net stable funding ratio (NSFR), an international measure that promotes longer-term resilience of the banking sector, no earlier than Jan 1, 2019.See omnystudio.com/listener for privacy information.