23d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia ended the week on a positive note, in line with most of its regional peers, as bargain hunting boosted the FTSE Bursa Malaysia KLCI (FBM KLCI) after a lacklustre performance over the last few days.
23d ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).
23d ago
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to close the morning session higher as improved buying was seen in selected utilities and financial services heavyweights counters.
24d ago
KUALA LUMPUR, Jan 16 (Bernama) -- Business interruption remains the top concern for business risks in Malaysia this year, alongside fire and explosion, as well as changes in legislation and regulation, according to the Allianz Risk Barometer 2025 report.
24d ago
PETALING JAYA, Jan 16 (Bernama) -- The United States (US) government’s potential restrictions on artificial intelligence (AI) chip exports will not affect existing data centres in Malaysia, according to Deputy Investment, Trade, and Industry Minister Liew Chin Tong.
24d ago
KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.
24d ago
PUTRAJAYA, Jan 16 (Bernama) -- UEM Lestra Bhd and ESR Group Ltd signed a green electricity supply agreement via third-party access under the Corporate Renewable Energy Supply Scheme (CRESS) today.
25d ago
KUALA LUMPUR, Jan 15 (Bernama) -- Southern Score Builders Bhd’s (SSBB) wholly-owned subsidiary, Southern Score Sdn Bhd (SSSB) has bagged a contract from Seribu Megah Sdn Bhd to undertake a proposed upgrading works on a detention pond in Kuala Lumpur worth RM78.0 million.
25d ago
KUALA LUMPUR, Jan 15 (Bernama) -- BDx Data Centers (BDx), Indonesia’s largest data centre operator and Asia-Pacific’s fastest-growing carrier-neutral data centre platform, has announced a landmark cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.
25d ago
From Kamarul Ariffin MD Yassin
ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.
25d ago
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.
25d ago
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year.