LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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DHL Plans To Expand Data Centre Logistics Capabilities Across Asia Pacific

SINGAPORE, June 9 (Bernama) -- DHL Supply Chain announced the expansion of its data centre logistics capabilities across the Asia Pacific region to strengthen its position as a strategic partner for hyper-scalers and data centre operators.

CPO Futures End Lower On Weaker CBOT Soybean Oil Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Tuesday, weighed down by weakness in the Chicago Board of Trade (CBOT) soybean oil futures, a trader said.

Kee Ming Group Secures RM21.4 Mln Data Centre Subcontract

KUALA LUMPUR, June 9 (Bernama) -- Kee Ming Group Bhd has secured a RM21.36 million hyperscale data centre subcontract in Puncak Alam, Selangor.

Ringgit Among Region’s Top-Performing Currencies On Strong Investment Inflows - Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) – The ringgit remains among the best-performing currencies in the region this year, supported by strong investment inflows and Malaysia’s economic fundamentals despite heightened global uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Closes Higher Against Greenback , Regional Peers On Easing West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.

Cautious Sentiment Drags Bursa Malaysia Lower At The Close

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.

Rubber Market Ends Mixed

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 9 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, improved market sentiment following easing geopolitical tensions in West Asia, but was weighed down by expectations of improving natural rubber supply conditions and lower benchmark crude oil prices, a dealer said.

Space42 Completes Deployment Of Foresight EO Constellation Satellites

KUALA LUMPUR, June 9 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, has strengthened its Earth observation capabilities following the full operational deployment of the Foresight-3, Foresight-4, and Foresight-5 satellites.

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.

Sime Darby Property Launches RM1.25 Bln Fund For Data Centres, Logistics Developments

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) has launched a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, as well as industrial and logistics development projects within SDP’s key townships in Malaysia.

Reliable Credit Data Key To Expanding MSME Financing Access – Amir Hamzah

PETALING JAYA, June 9 (Bernama) -- Reliable and accessible credit data is critical to improving access to financing for micro, small and medium enterprises (MSMEs) as it reduces information gaps and enables more efficient allocation of credit, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Sime Darby Property Traded Flat After Launching RM1.25 Bln Development Fund

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) counter was traded flat after announcing a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, and industrial and logistics development projects within its key townships.