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BusinessToday Malaysia, Petaling Jaya (2025)

10/02/2025

The FBM KLCI ended the morning session slightly lower, shedding 1.84 points or 0.12% to 1,589.07 at midday, as cautious market sentiment weighed on trading. The index opened at 1,587.65 and dipped to an intraday low of 1,581.20 before recovering some ground. Declines in Gamuda and YTL dragged the market, while overall sentiment was dampened by concerns over US President Donald Trump’s plan to impose tariffs on imported steel and aluminium....

The FBM KLCI ended the morning session slightly lower, shedding 1.84 points or 0.12% to 1,589.07 at midday, as cautious market sentiment weighed on trading. The index opened at 1,587.65 and dipped to an intraday low of 1,581.20 before recovering some ground. Declines in Gamuda and YTL dragged the ma...

10/02/2025

South Korea’s Opposition leader Lee Jae-myung proposed compiling an extra budget worth at least 30 trillion won to prop up the economy strained by political uncertainties and US President Donald Trump’s tariff threats. “The government should not miss the golden opportunity for economic recovery through fiscal expansion,” Lee said in a speech in Parliament on Feb 10. “I propose a minimum of 30 trillion won extra budget to restore people’s livelihoods and the economy.”...

South Korea’s Opposition leader Lee Jae-myung proposed compiling an extra budget worth at least 30 trillion won to prop up the economy strained by political uncertainties and US President Donald Trump’s tariff threats. “The government should not miss the golden opportunity for economic recover...

10/02/2025

Oil prices edged higher after weeks of decline as markets assessed the impact of US President Donald Trump’s tariffs. Brent crude hovered near US$75 a barrel following a third consecutive weekly drop, while West Texas Intermediate (WTI) climbed above US$71. China’s retaliatory tariffs on US goods are set to take effect on Monday, following the US levies imposed last week. Additionally, Trump announced new tariffs on aluminium and steel on Sunday, which he said would apply to all countries, though he did not specify the start date....

Oil prices edged higher after weeks of decline as markets assessed the impact of US President Donald Trump’s tariffs. Brent crude hovered near US$75 a barrel following a third consecutive weekly drop, while West Texas Intermediate (WTI) climbed above US$71. China’s retaliatory tariffs on US good...

10/02/2025

Taiwan is “quite interested” in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Feb 10, as the government looks to narrow the trade surplus with the US and head off tariffs. US President Donald Trump said on Feb 7 that he plans to announce reciprocal tariffs on many economies by this week, a major escalation of his offensive to reshape global trade relationships in ways he considers to be in America’s favour....

Taiwan is “quite interested” in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Feb 10, as the government looks to narrow the trade surplus with the US and head off tariffs. US President Donald Trump said on Feb 7 that…

10/02/2025

A new report by Sophos has revealed that 89% of IT leaders worry flaws in generative artificial intelligence (GenAI) tools could compromise cybersecurity within their organisations. The report, “Beyond the Hype: The Business Reality of AI for Cybersecurity,” surveyed 400 IT leaders, with 65% already adopting GenAI capabilities. However, 87% expressed concern that over-reliance on AI could lead to a lack of cybersecurity accountability....

A new report by Sophos has revealed that 89% of IT leaders worry flaws in generative artificial intelligence (GenAI) tools could compromise cybersecurity within their organisations. The report, “Beyond the Hype: The Business Reality of AI for Cybersecurity,” surveyed 400 IT leaders, with 65% alr...

10/02/2025

Reach Ten Holdings Bhd’s wholly owned subsidiary, Reach Ten Communication Sdn Bhd, has signed an agreement with SpaceX to become its authorised Starlink reseller. The Sarawak-based telecommunications services provider can now offer Starlink hardware and satellite-based broadband services across Malaysia and the region, in addition to the existing satellite services that the company is offering from its Teleport in Kuching, Sarawak....

Reach Ten Holdings Bhd’s wholly owned subsidiary, Reach Ten Communication Sdn Bhd, has signed an agreement with SpaceX to become its authorised Starlink reseller. The Sarawak-based telecommunications services provider can now offer Starlink hardware and satellite-based broadband services across Ma...

10/02/2025

Malaysia’s preparations as ASEAN Chair this year have been managed effectively by the civil service, demonstrating high levels of efficiency and discipline, said Prime Minister Datuk Seri Anwar Ibrahim. Speaking at a gathering with staff from the Prime Minister’s Department today, he emphasised that managing ASEAN is not just about status or prestige but reflects the capability of the civil service in ensuring smooth national administration....

Malaysia’s preparations as ASEAN Chair this year have been managed effectively by the civil service, demonstrating high levels of efficiency and discipline, said Prime Minister Datuk Seri Anwar Ibrahim. Speaking at a gathering with staff from the Prime Minister’s Department today, he emphasised ...

10/02/2025

The Retreat and 40th Meeting of the ASEAN Intergovernmental Commission on Human Rights (AICHR) will be taking place in Langkawi, Kedah, from Feb 11 to 14, 2025. This marks the first AICHR meeting under the stewardship of the Representative of Malaysia to the AICHR and Chair of AICHR 2025 Edmund Bon Tai Soon. Matters on the agenda include the rights of victims and survivors in conflict situations, peace and peacebuilding initiatives, the proposed ASEAN declarations on environmental rights, inclusive growth, sustainable development and the right to development....

The Retreat and 40th Meeting of the ASEAN Intergovernmental Commission on Human Rights (AICHR) will be taking place in Langkawi, Kedah, from Feb 11 to 14, 2025. This marks the first AICHR meeting under the stewardship of the Representative of Malaysia to the AICHR and Chair of AICHR 2025 Edmund…

10/02/2025

Foreign investors continued to sell equities on Bursa Malaysia for the sixteenth consecutive week, although the pace of outflows
slowed to –RM169.4m compared to the previous week’s -RM503.3m.

Foreign investors continued to sell equities on Bursa Malaysia for the sixteenth consecutive week, although the pace of outflows slowed to –RM169.4m compared to the previous week’s -RM503.3m.

10/02/2025

French President Emmanuel Macron has cautioned US President Donald Trump against imposing tariffs on the European Union (EU), warning that such a move would harm the European economy and ultimately not serve US interests, reported Sputnik/RIA Novosti. In an interview with CNN, Macron emphasised the EU's role as an ally to the United States, urging Washington to consider the broader implications of its trade policies....

French President Emmanuel Macron has cautioned US President Donald Trump against imposing tariffs on the European Union (EU), warning that such a move would harm the European economy and ultimately not serve US interests, reported Sputnik/RIA Novosti. In an interview with CNN, Macron emphasised the....

10/02/2025

Tourism operators are hopeful the new Jurassic franchise movie, which showcases southern Thailand’s natural destinations, will attract tourists throughout the year, leading to calls for a management plan to brace for a visitor influx. The trailer for “Jurassic World Rebirth” features many destinations in Krabi and Trang, such as Koh Kradan and Khao Phanom Bencha National Park. The movie is scheduled for release in July....

Tourism operators are hopeful the new Jurassic franchise movie, which showcases southern Thailand’s natural destinations, will attract tourists throughout the year, leading to calls for a management plan to brace for a visitor influx. The trailer for “Jurassic World Rebirth” features many dest...

10/02/2025

Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday (Feb 10) as it posted a 10 per cent rise in fourth-quarter net profit, matching expectations.

10/02/2025

Equities markets have welcomed the delay on tariff decision on Mexico and Canada by a month after the US achieved more commitment by the two countries on more border controls to curb illicit activities.

10/02/2025

US President Donald Trump said he plans to impose 25% tariffs on all imports of steel and aluminium, broadening his trade salvos and threatening ties with some of America’s top trading partners. Trump said the tariffs would apply to imports of the metals from all countries. Asked whether Mexico and Canada would be included, he said the levies would cover “everybody”....

US President Donald Trump said he plans to impose 25% tariffs on all imports of steel and aluminium, broadening his trade salvos and threatening ties with some of America’s top trading partners. Trump said the tariffs would apply to imports of the metals from all countries. Asked whether Mexico an...

10/02/2025

China's consumer inflation rose faster in January, driven by a surging demand for travel, dining and shopping during the Spring Festival holiday, the country's most celebrated festival.

10/02/2025

Prime Minister Datuk Seri Anwar Ibrahim has urged local authorities not to issue Ramadan bazaar trading licences to agents or middlemen, but to grant them directly to traders. He stressed that this measure is necessary to prevent individuals from exploiting the system to earn hefty commissions. "This happens every Ramadan. We know there are agents and big commissions involved. So what is the issue with giving the business licence directly to the traders?...

Prime Minister Datuk Seri Anwar Ibrahim has urged local authorities not to issue Ramadan bazaar trading licences to agents or middlemen, but to grant them directly to traders. He stressed that this measure is necessary to prevent individuals from exploiting the system to earn hefty commissions. "Thi...

10/02/2025

German Chancellor Olaf Scholz on Sunday evening criticized U.S. President Donald Trump's plan to relocate Palestinians from the Gaza Strip, calling it "a scandal."

10/02/2025

Colform Group Bhd’s debut on the ACE Market of Bursa Malaysia has achieved an 11% increase in premium. At the opening bell at 9am, Colform’s shares surged to 40 sen from its IPO price of 36 sen, an increase of four sen, and 8.95 million shares traded hand. Through this IPO, the company aims to raise RM41.19 million via the issuance of 114.42 million new shares at an issue price of 36 sen per share....

Colform Group Bhd’s debut on the ACE Market of Bursa Malaysia has achieved an 11% increase in premium. At the opening bell at 9am, Colform’s shares surged to 40 sen from its IPO price of 36 sen, an increase of four sen, and 8.95 million shares traded hand. Through this…

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