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Taylor Swift’s Eras Tour has achieved a remarkable feat, grossing an estimated US$2.2 billion, making it the highest-gro...
10/12/2024

Taylor Swift’s Eras Tour has achieved a remarkable feat, grossing an estimated US$2.2 billion, making it the highest-grossing tour of all time for a second consecutive year, according to Pollstar’s data collected across 149 shows. The final performance in Vancouver, Canada, on Dec 8 marked the conclusion of the nearly two-year global tour....

Taylor Swift’s Eras Tour has achieved a remarkable feat, grossing an estimated US$2.2 billion, making it the highest-grossing tour of all time for a second consecutive year, according to Pollstar’s data collected across 149 shows. The final performance in Vancouver, Canada, on Dec 8 marked the c...

Graphjet Technology Sdn Bhd, a leading manufacturing company focusing on carbon-based materials that produces artificial...
10/12/2024

Graphjet Technology Sdn Bhd, a leading manufacturing company focusing on carbon-based materials that produces artificial graphite from biomass waste residues from the process of palm oil, has started its operations at the first commercial-scale green graphite facility in Subang. The facility, the world’s first commercial-scale plant, has the capacity to recycle up to 9,000 metric tonnes (MT) of palm kernel shells annually, producing up to 3,000MT of graphite per year....

Graphjet Technology Sdn Bhd, a leading manufacturing company focusing on carbon-based materials that produces artificial graphite from biomass waste residues from the process of palm oil, has started its operations at the first commercial-scale green graphite facility in Subang. The facility, the wo...

Just two months after being named the world’s best new skyscraper by the Council on Tall Buildings and Urban Habitat (CT...
10/12/2024

Just two months after being named the world’s best new skyscraper by the Council on Tall Buildings and Urban Habitat (CTBUH), Singapore’s Pan Pacific Orchard has earned another prestigious accolade. The Orchard Road hotel has been awarded the World Selection title at the Prix Versailles. The Prix Versailles is a global series of architectural awards that celebrates contemporary projects for their innovation, creativity, respect for local heritage, and ecological efficiency....

Just two months after being named the world’s best new skyscraper by the Council on Tall Buildings and Urban Habitat (CTBUH), Singapore’s Pan Pacific Orchard has earned another prestigious accolade. The Orchard Road hotel has been awarded the World Selection title at the Prix Versailles. The Pri...

Malaysian banks have received an OVERWEIGHT call from RHB Investment Bank (RHB Research), citing attractive dividend yie...
10/12/2024

Malaysian banks have received an OVERWEIGHT call from RHB Investment Bank (RHB Research), citing attractive dividend yields, stable asset quality and strong capital management potential. The top picks for the sector include AmBank, Alliance Bank Malaysia, CIMB and Hong Leong Bank, which were chosen for their valuations, defensive qualities and capital management opportunities. The research house noted that despite global market uncertainties and the unclear trajectory of the US Federal Funds Rate, Malaysian banks remain a defensive investment option....

Malaysian banks have received an OVERWEIGHT call from RHB Investment Bank (RHB Research), citing attractive dividend yields, stable asset quality and strong capital management potential. The top picks for the sector include AmBank, Alliance Bank Malaysia, CIMB and Hong Leong Bank, which were chosen....

Taiwan's exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry a...
10/12/2024

Taiwan's exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading partner China,

Taiwan's exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading partner China,

By Hannah Elliott If you’re like me, you’ve focused so much lately on electric vehicles (EVs) — will they or won’t they ...
10/12/2024

By Hannah Elliott If you’re like me, you’ve focused so much lately on electric vehicles (EVs) — will they or won’t they become well-made, reliable, affordable and fun — that some existing combustion models have fallen through the cracks. Porsche’s Panamera sedan, which made its debut in 2009, was one of them. The electric Taycan sedan stole a lot of the Panamera’s mojo when it premiered in 2019, halving Panamera sales almost immediately and attracting massive amounts of buyers new to the brand....

By Hannah Elliott If you’re like me, you’ve focused so much lately on electric vehicles (EVs) — will they or won’t they become well-made, reliable, affordable and fun — that some existing combustion models have fallen through the cracks. Porsche’s Panamera sedan, which made its debut in ...

RHB Investment Bank Bhd (RHB Research) has maintained a BUY call on Gamuda Bhd with a revised upward target price (TP) o...
10/12/2024

RHB Investment Bank Bhd (RHB Research) has maintained a BUY call on Gamuda Bhd with a revised upward target price (TP) of RM11.67, reflecting a 27% upside from its last traded price of RM9.22. The research house stated that the company’s strong momentum, driven by its diversified project portfolio and robust order book, positions it well for further growth. The projection includes an expected core earnings range of RM200 million to RM225 million for the first quarter financial year of 2025 (1QFY25), indicating a year-on-year increase of 2.5% and 15%....

RHB Investment Bank Bhd (RHB Research) has maintained a BUY call on Gamuda Bhd with a revised upward target price (TP) of RM11.67, reflecting a 27% upside from its last traded price of RM9.22. The research house stated that the company’s strong momentum, driven by its diversified project portfolio...

Revenue collected from the new assessment tax rates will be utilised to cover the rising costs of public facility mainte...
10/12/2024

Revenue collected from the new assessment tax rates will be utilised to cover the rising costs of public facility maintenance each year, said state executive councillor for local government, tourism, and New Village development Dato’ Ng Suee Lim.

Revenue collected from the new assessment tax rates will be utilised to cover the rising costs of public facility maintenance each year, said state executive councillor for local government, tourism, and New Village development Dato’ Ng Suee Lim.

Tower Real Estate Investment Trust has informed the appointment of Martin Kung Boon Keat as the Chief Executive Officer ...
10/12/2024

Tower Real Estate Investment Trust has informed the appointment of Martin Kung Boon Keat as the Chief Executive Officer of GLM REIT Management the manager of Tower REIT. with effect 9 December 2024.

Tower Real Estate Investment Trust has informed the appointment of Martin Kung Boon Keat as the Chief Executive Officer of GLM REIT Management the manager of Tower REIT. with effect 9 December 2024.

The ringgit appreciated against the US dollar in early trade on Tuesday, buoyed by improved buying sentiment for the dom...
10/12/2024

The ringgit appreciated against the US dollar in early trade on Tuesday, buoyed by improved buying sentiment for the domestic currency, according to an analyst. At 8.02 am, the ringgit was trading at 4.4200/4300 against the greenback, compared to Monday’s close of 4.4225/4280. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that heightened geopolitical risks, coupled with resilience in the US economy, had bolstered the value of the US dollar as traders sought refuge from market uncertainties....

The ringgit appreciated against the US dollar in early trade on Tuesday, buoyed by improved buying sentiment for the domestic currency, according to an analyst. At 8.02 am, the ringgit was trading at 4.4200/4300 against the greenback, compared to Monday’s close of 4.4225/4280. Bank Muamalat Malays...

The Hang Seng Index Futures (HSIF) jumped above its 50-day SMA line yesterday, closing stronger at 20,650 points and pos...
10/12/2024

The Hang Seng Index Futures (HSIF) jumped above its 50-day SMA line yesterday, closing stronger at 20,650 points and positioning itself for a potential breakout above the 21,250-point resistance according to a report by RHB Investment Bank Bhd. The index opened Monday’s session at 19,934 points, climbing steadily to hit an intraday high of 20,687 points before closing at 20,650 points....

The Hang Seng Index Futures (HSIF) jumped above its 50-day SMA line yesterday, closing stronger at 20,650 points and positioning itself for a potential breakout above the 21,250-point resistance according to a report by RHB Investment Bank Bhd. The index opened Monday’s session at 19,934 points, c...

Medical cost inflation and the Royal Addendum on the Federal Territories Pardons Board's 61st decision will be among the...
10/12/2024

Medical cost inflation and the Royal Addendum on the Federal Territories Pardons Board's 61st decision will be among the key topics discussed in the Dewan Rakyat today. According to the Order Paper, MP Pulai Suhaizan Kaiat will question the Prime Minister on measures to address the rise in medical insurance premiums, which increased by 40% to 70%, and the nation's medical cost inflation rate of 12.6% in 2023—over twice the global average of 5.6%....

Medical cost inflation and the Royal Addendum on the Federal Territories Pardons Board's 61st decision will be among the key topics discussed in the Dewan Rakyat today. According to the Order Paper, MP Pulai Suhaizan Kaiat will question the Prime Minister on measures to address the rise in medical i...

Bursa Malaysia has ticked lower in two straight sessions, slipping almost 5 points or 0.3% along the way. The Kuala Lump...
10/12/2024

Bursa Malaysia has ticked lower in two straight sessions, slipping almost 5 points or 0.3% along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may extend its losses again on Tuesday. RHB Investment Bank Bhd (RHB Research) has recommended maintaining short positions on the FTSE Bursa Malaysia KLCI Futures (FKLI) and long positions on the Crude Palm Oil Futures (FCPO) based on their respective market movements....

Bursa Malaysia has ticked lower in two straight sessions, slipping almost 5 points or 0.3% along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may extend its losses again on Tuesday. RHB Investment Bank Bhd (RHB Research) has recommended maintaining sho...

RHB Investment Bank Bhd (RHB Research) has identified UEM Edgenta and ViTrox Corp as potential bullish plays, citing str...
09/12/2024

RHB Investment Bank Bhd (RHB Research) has identified UEM Edgenta and ViTrox Corp as potential bullish plays, citing strong technical signals that suggest further upside for both counters. UEM Edgenta Shows Strong MomentumUEM Edgenta recently staged a bullish breakout, with its share price closing above the RM0.70 resistance level on strong volume. The stock printed a long white candlestick, indicating strong bullish momentum....

RHB Investment Bank Bhd (RHB Research) has identified UEM Edgenta and ViTrox Corp as potential bullish plays, citing strong technical signals that suggest further upside for both counters. UEM Edgenta Shows Strong MomentumUEM Edgenta recently staged a bullish breakout, with its share price closing a...

Oil prices rose over 1% on Monday, driven by heightened geopolitical tensions following the ousting of Syrian President ...
09/12/2024

Oil prices rose over 1% on Monday, driven by heightened geopolitical tensions following the ousting of Syrian President Bashar al-Assad and indications of looser monetary policy from China, the world’s largest oil importer. Brent crude futures gained US$1.02, or 1.4%, to settle at US$72.14 per barrel, while US West Texas Intermediate (WTI) crude futures climbed US$1.17, or 1.7%, to end at US$68.37....

Oil prices rose over 1% on Monday, driven by heightened geopolitical tensions following the ousting of Syrian President Bashar al-Assad and indications of looser monetary policy from China, the world’s largest oil importer. Brent crude futures gained US$1.02, or 1.4%, to settle at US$72.14 per bar...

Wall Street's major indices ended lower on Monday, led by a decline in technology stocks, as investor sentiment soured a...
09/12/2024

Wall Street's major indices ended lower on Monday, led by a decline in technology stocks, as investor sentiment soured ahead of a key inflation report later this week. The S&P 500 fell 0.61% to close at 6,052.85, while the tech-heavy Nasdaq Composite declined 0.62% to 19,736.69. The Dow Jones Industrial Average dropped 0.54%, or 240.59 points, to finish at 44,401.93....

Wall Street's major indices ended lower on Monday, led by a decline in technology stocks, as investor sentiment soured ahead of a key inflation report later this week. The S&P 500 fell 0.61% to close at 6,052.85, while the tech-heavy Nasdaq Composite declined 0.62% to 19,736.69. The Dow Jones Indust...

When winding up the Bill’s debate, Communications Minister Fahmi Fadzil said that Section 233 of the Communications and ...
09/12/2024

When winding up the Bill’s debate, Communications Minister Fahmi Fadzil said that Section 233 of the Communications and Multimedia Act 1998 (Act 588) was not repealed to prevent the misuse of networks

When winding up the Bill’s debate, Communications Minister Fahmi Fadzil said that Section 233 of the Communications and Multimedia Act 1998 (Act 588) was not repealed to prevent the misuse of networks

China said on Monday (Dec 9) it has launched an investigation into Nvidia over suspected violations of the country's ant...
09/12/2024

China said on Monday (Dec 9) it has launched an investigation into Nvidia over suspected violations of the country's anti-monopoly law,

China said on Monday (Dec 9) it has launched an investigation into Nvidia over suspected violations of the country's anti-monopoly law,

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Business Today Malaysia

A premier English monthly business magazine, Business Today has grown in leaps and bounds since its inception in May 2001. Today, it is instantly recognised all over Malaysia as the definitive business magazine that brings the business community closer and exposes them to the global competitive edge.