Singapore-based ST Telemedia Break Ground On First Data Centre In Johor

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.

Economic Recovery, People's Capabilities Among Factors Attracting Foreign Investors - PM Anwar

PUTRAJAYA, Feb 23 (Bernama) -- Rapid economic recovery and resilience, as well as the people’s capabilities to help the country progress, have become attractive factors for foreign investors to come to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Sunway Construction's FY2024 Net Profit Surges To RM186.9 Mln On Strong Project Progress

KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

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.

Malaysia’s AI Data Centre Development To Be Impacted By Recent US Restrictions -- Liew

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. 

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

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.

Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

EcoWorld Malaysia's Unit Disposes Of 56.06ha Of Land In Iskandar Malaysia For RM693.96 Mln

KUALA LUMPUR, Feb 17 (Bernama) -- EcoWorld Malaysia’s unit, Eco Business Park 1 Sdn Bhd, has disposed of 56.06 hectares (ha) of freehold land in Eco Business Park I in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

Ambank Group Projects Malaysia’s GDP Growth At 5.1 Pct in 2024, Driven By Domestic Expansion

Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.

Renewable Energy Capacity Mix To Be Raised To Meet Data Centre Needs - Akmal Nasrullah

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.

AirTrunk Plans Second Data Centre In Johor

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.