BusinessToday's Trending Stories
Penang Council Implements Three-Day Alcohol Ban for Thaipusam Celebration
The Penang Island City Council (MBPP) has announced a three-day ban on the sale of alcohol during this year’s Thaipusam celebration. The decision, outlined in a letter dated January 22 to establishments serving alcohol, aimed to facilitate an “orderly and peaceful” observance of the Thaipusam festival.
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Sime Darby Property, Lagenda Properties 50-50 Joint Venture To Revolutionise Affordable Housing
Sime Darby Property Berhad, through its subsidiary Seed Homes Sdn Bhd, has inked a shareholders’ agreement with Lagenda Properties Berhad. The 50:50 joint venture, named Seed Homes Lagenda, is poised to redefine the landscape of affordable homes in the country.
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Honda Malaysia’s Decade As No.1 In Non-National Passenger Vehicles, Surpasses 80K Units In 2023 Sale
Honda Malaysia announced its monumental achievement of retaining the No.1 position in the Non-National Passenger Vehicle Segment for an impressive ten consecutive years, marking a decade of dominance in the Malaysian automotive landscape. With a record-breaking sales performance in 2023, the company surpassed its annual target by recording over 80,000 units in total sales.
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WhatsApp is breaking barriers in organizational communication
Organizational communication is the exchange of information and ideas within and across organizations. Different platforms and tools can facilitate this process, such as email, video conferencing, and instant messaging. However, the preferences and practices of organizational communication vary across different countries and cultures.
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Singapore Shares May Snap Losing Streak On Wednesday
The Singapore stock market has moved lower in consecutive trading days, slipping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just above the 3,135-point plateau although it may find support on Wednesday.
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Netflix Q4 Revenue Tops Estimates On Blowout Subscriber Growth
Netflix reported Tuesday fourth-quarter earnings that missed, but revenue topped Wall Street estimates as efforts to curb costs boosted margins and a strong slate of shows helped the streaming giant rack up much more subscribers than expected in the quarter.
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Ringgit Opens Easier Against US Dollar (Updated)
The ringgit opened easier against the US dollar on Wednesday, as most investors awaited Bank Negara Malaysia’s (BNM) first Monetary Policy Committee (MPC) meeting of the year, after which they will announce the new overnight policy rate (OPR).
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SBH’s IPO: 180 Million New Shares, 81 Million Underwritten By KAF IB For Strategic Expansion
SBH Marine Holdings Berhad (“SBH”), a frozen seafood specialist, has sealed a pivotal underwriting agreement with KAF Investment Bank Berhad (“KAF IB”) for its upcoming Initial Public Offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad.
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Bursa Firmer At Midday, KLCI Stays Above 1,500 Points
Bursa Malaysia ended the morning session firmer on Wednesday, with the key index remaining above the 1,500-point psychological level, as risk appetite on the local bourse remained buoyant, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision.
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Tesla Plans To Build New Electric Vehicles In Mid-2025
Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover.
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