BusinessToday

Hong Leong Investment Bank (HLIB) Research has maintained its Hold recommendation on Sunway Healthcare Holdings Bhd (SunMed), with an unchanged target price of RM2.05, following the formalisation of a joint venture with Putrajaya Holdings Sdn Bhd (PjH) to develop a 325-bed private hospital in Putrajaya. The research house viewed the agreement positively, noting that the […]

Russian President Vladimir Putin signed a series of decrees on Thursday appointing four deputy prime ministers, alongside a new minister of transport and a presidential aide. The appointments took effect on the day of signing, according to the documents. Irina Okladnikova, former deputy minister of finance, was named deputy prime minister and chief of the […]

China has unveiled revised administrative measures governing outbound investment, aimed at strengthening regulatory oversight and safeguarding national development and security interests as Chinese companies continue to expand their overseas presence. According to Chinese state media, the National Development and Reform Commission (NDRC), the country’s top economic planning agen...

RedPlanet Bhd closed its debut trading day on Bursa Malaysia’s ACE Market at 26 sen on Oct 22, gaining seven sen or 36.84% from its IPO price of 19 sen, with 84.65 million shares changing hands. The enterprise ICT solutions provider, which specialises in geospatial and intelligent rail solutions, made a strong debut following its […]

A moderate earthquake measuring 5.1 on the Richter scale struck southern Sumatra, Indonesia, at 6.57pm, according to the Malaysian Meteorological Department (MetMalaysia). The department said the earthquake occurred at coordinates 3.2 degrees south and 102.1 degrees east, approximately 69 kilometres north of Bengkulu, Indonesia. The earthquake was recorded at a depth of 87 kilom...