BusinessToday's Trending Stories
S Korea Begins Suspending Licenses Of 4900 Striking Doctors
South Korea said on Monday (Mar 11) it had started procedures to suspend the medical licences of 4,900 junior doctors who have resigned and stopped working to protest government medical training reforms, causing healthcare chaos.
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Saikris TechDairies Sets Up Malaysia’s First High-Tech Robotic Dairy In Asia
Innovative dairy enterprise SaiKris TechDairies is set to propel Malaysia to the forefront of dairy farming technology with the establishment of the region’s first high-tech robotic dairy farm by the end of this year.
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Khazanah Profit For 2023 More Than Triples To RM5.9 Billion
Malaysia’s sovereign wealth fund Khazanah Nasional Berhad announced its financial results for the year ended 31 December 2023 today, recording strong performance with net profit more than tripling to RM5.9 billion compared to RM1.6 billion in 2022. It also managed to achieved a 5-year rolling of 2.9% Net Asset Value Time-Weighted Rate of Return for the Investments Portfolio.
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FWD Group Completes Investment With 70% Stake In FWD Takaful
FWD Group Holdings Limited today announced the completion of an additional investment for a further 21 percent stake in FWD Takaful Berhad making it now the majority shareholder with a 70 percent holding. The remaining 30 percent is held by the Employees Provident Fund, while JAB Capital Berhad is no longer a shareholder after the transaction.
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HDC Lauds Move To Combine MSPO With Halal Certification
Halal Development Corporation Berhad has lauded the proposal by Plantations and Commodities Minister Datuk Seri Johari Abdul Ghani to incorporate Malaysian Sustainable Palm Oil Certification Scheme (MSPO) compliance alongside Halal certification requirements for marketing of palm oil.
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Bumi Armada Notches Above Average On ESG Ratings
Maybank IB assessed Bumi Armada on its ESG score and has given it 58 (out of 100), making the ESG rating above average. The house said the company has good disclosures but that more can be done in regards to its policies towards meeting its ESG goals.
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Malaysia Plantations: The ESG-Friendly Side That Is Often Overlooked
The unsung heroes of the nation (and the world), today March 11, marks the 4th anniversary of COVID-19 pandemic.
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Maxis Engages Nokia To Build Its 5G Core Ecosystem
Maxis Berhad is collaborating with Nokia on two areas for its network enhancement namely on network security and reliability as well as a partner to build part its’ 5G Core ecosystem.
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Gamuda, A Construction Laggard On Track With Huge Potential Earnings In Tow, CGS Says Add
GGS International (CGS), in its Company Note today (Mac 11), regards Gamuda Berhad as an unjustified blue-chip construction laggard on track to achieve RM25bn in new orders by FY25F alongside A$8bn potential new orders from Australia in near term including VOs for SMW-WTP.
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IPP YTLP’s Potential Value On DC Investments Yet To Be Fully Priced In, CGS Reiterates Add
Encouraging operational developments have been seen with YTL Power International with Independent Power Producer’s (IPP) earnings outlook for Wessex looks set to improve on the back of upcoming tariff adjustments.
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