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Alibaba Cloud Launches Johor Public Cloud Region To Meet Growing Demand

KUALA LUMPUR, June 9 (Bernama) – Alibaba Cloud Intelligence has launched its new public cloud region in Johor, expanding its data centre footprint in Malaysia as it seeks to meet the growing demand for cloud and artificial intelligence (AI) services.

Liftech Targets RM23 Mln From ACE Market IPO

KUALA LUMPUR, June 8 (Bernama) -- Liftech Group Bhd aims to raise RM23 million through its initial public offering (IPO) for its proposed listing on the ACE Market of Bursa Malaysia Securities Bhd on June 30, 2026.

West Asia Disruptions, High Fuel Prices To Halve Airline Industry Profitability In 2026 - IATA

KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

MyCEB Strengthens Malaysia’s Business Events Presence In Central Asia

KUALA LUMPUR, June 5 (Bernama) -- The Malaysia Convention and Exhibition Bureau (MyCEB), with the support of Tourism Malaysia Almaty and the Embassy of Malaysia in Uzbekistan, successfully organised its first MyCEB Sales Call Programme and the Malaysia Business Events Seminars in Almaty, Kazakhstan on June 2 and in Tashkent, Uzbekistan on June 4.

FELDA Appoints Encorp To Develop Staff Housing

KUALA LUMPUR, June 5 (Bernama) -- The Federal Land Development Authority (Felda) has inked a memorandum of understanding (MoU) with Encorp Bhd, under which the latter will undertake the design and construction of housing for Felda employees.

RIFFAI Showcases Satellite AI Vision For Global Earth Observation At Singapore Event

KUALA LUMPUR, June 3 (Bernama) -- RIFFAI, an artificial intelligence (AI) startup specialising in satellite data and GIS, is participating at Echelon Singapore 2026 from June 3 to 4, presenting its long-term vision of becoming the global engine that processes Earth observation data.

ENERtec Asia, MIDA Team Up To Drive Renewable Energy And Storage Investments

KUALA LUMPUR, May 29 (Bernama) -- ENERtec Asia 2026, Southeast Asia’s premier energy technology exhibition and conference, is partnering with the Malaysian Investment Development Authority (MIDA) to strengthen Malaysia’s position as a regional hub for clean energy investments, renewable energy (RE) technologies and battery energy storage systems (BESS).

Global Air Cargo Demand Up 4.0 Pct In April, Led By Asia-Pacific Airlines -- IATA

KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).

AGC Biologics To Support Teikoku Seiyaku Lumbar Disc Herniation Therapy Development

KUALA LUMPUR, May 26 (Bernama) -- AGC Biologics has been selected by Teikoku Seiyaku Co Ltd to provide microbial contract development and manufacturing services for KTP-001, a recombinant human matrix metalloproteinase-7 (rhMMP-7) therapy being developed to treat lumbar disc herniation.

Johor Emerges As Cost-efficient Data Centre Alternative To Singapore - Moody’s

KUALA LUMPUR, May 25 (Bernama) -- Malaysia, particularly Johor, has positioned itself as a cost-efficient alternative to Singapore for data centre investments, owing to its relatively abundant land, availability of power infrastructure, and attractive investment incentives.

Strarion Advisory Builds Bridge To Russia-CIS Market, Positions Malaysia As ASEAN Gateway

KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.