BusinessToday's Daily Bulletin
Trump Announces More Tariffs... Plus More
Malaysia’s GDP Growth Strengthens, Boosting Jobs And Investments
Malaysia’s economy expanded by 5.1% in 2024, reflecting strong growth, higher revenues, and increased job opportunities, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.
Malaysia On Track To Achieve 43% SDG Target By 2030
Malaysia’s Sustainable Development Goals (SDGs) achievement rate is projected to reach 43% by 2030, significantly higher than the global average of 17%, according to Deputy Economy Minister Datuk Hanifah Hajar Taib.
Malaysia Faces AI Data Centre Challenges Amid US Chip Export Restrictions
Malaysia is expected to face challenges in developing artificial intelligence (AI) data centres due to US export restrictions on AI chips, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Can YTL Sort Ranhill’s Cost Issues?
Ranhill Utilities Bhd has received a SELL call from MIDF Amanah Investment Bank Bhd (MIDF Research), raising its target price slightly to RM1.12 from RM1.07 following valuation adjustments.
Gas Malaysia Earnings Tightly Linked With Economic Growth
Gas Malaysia Bhd has received a BUY call from MIDF Amanah Investment Bank Bhd (MIDF Research) with a revised target price of RM4.57, up from RM4.09, following the company’s solid fiscal year of 2024 (FY24) earnings.
MYEG Moves Beyond Government e-Services Shadow
A BUY call has been initiated on MYEG Services Bhd by MIDF Amanah Investment Bank Bhd (MIDF Research), raising its target price to RM1.25 from RM1.14 following the company’s stronger-than-expected earnings in the fiscal year of 2024 (FY24).
US, Russia Agree On Path To Ending Ukraine Conflict, Improve Trade
The United States and Russia have agreed to work on a path to ending the conflict in Ukraine and improve bilateral ties during extensive high-level talks in Saudi Arabia on Tuesday.
Trump Announces More Tariffs
US President Donald Trump said on Feb 18 that he intends to impose auto tariffs “in the neighbourhood of 25%” and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.
Fitch Warns Of Wider Outcomes From US Reciprocal Tariff
The US administration’s inclusion of a broad range of factors in its assessment of whether trade relations with foreign trading partners are fair and reciprocal will increase uncertainty over the scale of tariffs that could be introduced, and which markets could be affected, says Fitch Ratings.
Lifestyle:
Crowne Plaza Penang Straits City Opens in Butterworth
Marking a significant step in revitalising Butterworth, Penang, the Crowne Plaza Penang Straits City officially opened its doors. This 23-story, five-star waterfront hotel with 343 rooms and suites, is the first completed phase of the Straits City Future City project.
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