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ADB’s Proposed US$30 Billion Facility Among Key Outcomes Of 13th AFMGM

PUTRAJAYA, April 11 (Bernama) -- The 13th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) welcomed a proposed US$30 billion (RM141 billion) facility by the Asian Development Bank (ADB) for 2026–2030 to support the implementation of the Finance Sectoral Plan and ASEAN Community Vision 2045.

Digital Realty Targets About SG$7 Bln Investment In Singapore AI Hub

KUALA LUMPUR, April 9 (Bernama) -- Digital Realty, the world's largest cloud- and carrier-neutral data centre platform, announced plans to invest nearly SG$7 billion in Singapore, reinforcing the city-state’s role as a strategic artificial intelligence (AI) infrastructure hub for Asia Pacific. (SG$1 = RM3.11)

Digital Realty Opens NRT14 Data Centre To Support AI Infrastructure In Japan

KUALA LUMPUR, April 8 (Bernama) -- Digital Realty, a cloud- and carrier-neutral data centre platform, has opened its NRT14 data centre (NRT14) at the NRT campus in Inzai City, Chiba Prefecture, Japan.

Digital Realty Opens First Innovation Lab In Asia Pacific

KUALA LUMPUR, April 8 (Bernama) -- Digital Realty, a cloud- and carrier-neutral data centre platform, has opened the first Digital Realty Innovation Lab (DRIL) in Asia Pacific, located at its NRT12 data centre in Tokyo, Japan.

Xiaomi Accelerates Smart Home Expansion Amid Growing Adoption In Malaysia

KUALA LUMPUR, April 8 (Bernama) -- Smart home technology is rapidly gaining traction in Malaysia as more households adopt connected devices to enhance convenience, efficiency and control.

Kingdom Secures First Project Financing For Japan's Mimasaka Facility

KUALA LUMPUR, April 8 (Bernama) -- Kingdom, a battery energy storage system (BESS) platform established by Stonepeak, an alternative investment firm, has executed its first long-term project finance loan facility for its Mimasaka project in Japan.

UOB Malaysia, PAAB to Strengthen Water Infrastructure Supply Chain

KUALA LUMPUR, April 6 (Bernama) -- UOB Malaysia and Pengurusan Aset Air Bhd (PAAB) today launched the UOB-PAAB Vendor Financing Programme to improve financing access for suppliers and vendors across PAAB’s supply chain ecosystem.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

Gradiant Wins Contract For AI Data Centre Water Facility In UK

KUALA LUMPUR, April 3 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has secured a contract to design and deliver a water treatment facility for a hyperscale data centre in Didcot, Oxfordshire, in the United Kingdom (UK).

C-Hawk Boosts Southeast Asia Capacity With Malaysia, Vietnam Expansion

KUALA LUMPUR, April 2 (Bernama) -- C-Hawk Technology, a global manufacturer of components, assemblies and systems for the semiconductor and health imaging industries, has expanded its Southeast Asia manufacturing footprint with new facilities in Johor Bahru, Malaysia, and Ho Chi Minh City, Vietnam.

Cargill Expands Port Klang Plant With Speciality Fats Line

KUALA LUMPUR, April 1 (Bernama) -- Cargill has announced the expansion of its edible oil plant in Port Klang, Malaysia, with a new speciality fats production line aimed at strengthening solutions for chocolate, bakery and dairy applications.

German Group Koerber Invests RM95 Mln In Shah Alam Facility

SHAH ALAM, March 31 (Bernama) -- Koerber Technologies Sdn Bhd, a subsidiary of Germany-based technology group Korber, is investing RM95 million to expand its manufacturing facility here.