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KUALA LUMPUR, March 4 (Bernama) -- Juwai IQI expects the Malaysian property market to maintain its strong performance in 2025, backed by growth in artificial intelligence (AI), investments as well as the industrial and commercial segments.
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KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.
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KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.
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KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.
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KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
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KUALA LUMPUR, Feb 24 (Bernama) -- Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) today held a groundbreaking ceremony for its first data centre facility in Johor.
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KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics (E&E) sector.
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KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States (US) on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
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KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.
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KUALA LUMPUR, Feb 17 (Bernama) -- The government is committed to gradually and systematically increase the renewable energy (RE) capacity mix in the national electricity supply since access to green electricity supply is a "pre-requisite" for data centre development, and to ensure that RE needs for data centre development can be met.
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JOHOR BAHRU, 14 Feb (Bernama) -- Asia-Pacific hyperscale data centre specialist, AirTrunk, has announced plans to develop its second cloud and artificial intelligence-ready data centre in Malaysia, named AirTrunk JHB2 (JHB2), in Iskandar Puteri, Johor.
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KUALA LUMPUR, Feb 13 (Bernama) -- The gas industry needs to address the right challenges especially in securing access to financing, while transitioning towards cleaner and more sustainable energy.