Arkib Harian: January 25, 2024

South Korea’s economy grew faster than expected in Q4

South Koreas economy grew faster than expected in Q4

SEOUL: South Korea beat expectations for growth in the fourth quarter of 2023 thanks to an export recovery which more than offset slowing domestic demand, although some analysts believe Asia’s fourth-largest economy will struggle to maintain its momentum. Gross domestic product (GDP) for the October-December quarter was 0.6% higher than …

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‘Reliable LRT network sorely needed in city’

Reliable LRT network sorely needed in city

JOHOR Baru needs a light rail transit (LRT) system to help resolve its traffic difficulties, according to Universiti Tun Hussein Onn Malaysia Industry Centre of Excellence for Railway (ICoE-Rail) principal researcher Assoc Prof Dr Nor Aziati Abdul Hamid. “It is an efficient and reliable alternative compared to cars. “Studies have …

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ServiceNow raises annual subscription revenue forecast on GenAI product demand

ServiceNow raises annual subscription revenue forecast on GenAI product demand

(Reuters) -ServiceNow raised its forecast on annual subscription revenue on Wednesday, as the software firm expects to attract new clients for its generative artificial intelligence (AI) products. Businesses are investing in services and products to automate their workflow, in a bid to speed up operations and improve communication, boosting demand …

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Govt targeting over 150,000 people enrolling for National Training Week 2024, says minister

Govt targeting over 150000 people enrolling for National Training Week

KUALA LUMPUR The Human Resource Ministry is targeting 150,000 people enrolling for National Training Week 2024 (NTW 2024) spearheaded by the Human Resource Development Corporation (HRD Corp) set to take place from June 24-30 this year. Human Resources Minister Steven Sim Chee Keong (pic) said the optimistic goal was set …

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Tesla says it will start making new EV model in second half of 2025

Tesla says it will start making new EV model in

TESLA expects to start production of its next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday. His projection followed a Reuters story earlier in the day saying Tesla had told suppliers to prepare for a June 2025 startup of …

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Transit-oriented project in Prai reaches milestone

Transit oriented project in Prai reaches milestone

THE transit-oriented development of GEM Residences in Prai on the Penang mainland reached a milestone with the completion of its structural phase. A joint undertaking between Belleview Group and LTC Group under Regata Maju Sdn Bhd, the 978-unit GEM Residences and 15-unit GEM Shoppes are part of a 8ha GEM …

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DPP objects to transfer of Sanusi’s sedition case

DPP objects to transfer of Sanusis sedition case

SHAH ALAM: An application by Datuk Seri Muhammad Sanusi Md Nor to transfer his sedition trial to the High Court was opposed by the prosecution. Deputy public prosecutor Datuk Masri Mohd Daud said the case involving the Kedah Mentri Besar is already scheduled at the Selayang Sessions Court, reported BK. …

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Netflix pays US$5bil for ‘Raw’ in bet on live events

Netflix pays US5bil for ‘Raw in bet on live events

LOS ANGELES: Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama The Crown and David Fincher’s original film, The Killer. The company reported it added 13.1 million subscribers in …

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IBM forecasts annual revenue growth above estimates on AI adoption rush

IBM forecasts annual revenue growth above estimates on AI adoption

(Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI). Shares of the Armonk, New York-based company rose nearly 5% in extended trading. The company is capitalizing on a broader …

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Football: Soccer-Real Madrid overtake Man City as highest revenue-generating club – Deloitte

Football Soccer Real Madrid overtake Man City as highest revenue generating club

(Reuters) – Real Madrid have overtaken Manchester City and topped the Deloitte Football Money League as the world’s highest revenue-generating club in the 2022-23 season, with commercial revenue taking over as the largest income stream for teams. The Spanish club, leaders for the first time since the 2017-18 season, generated …

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