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Johor Data Centres Operating Capacity Can Reach Up To 5,000 MW In 2029 - Fitch Ratings

KUALA LUMPUR, Aug 28 (Bernama) -- Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029.

Investments From BRICS Countries Hit RM8.54 Bln In 1Q 2025 -- MITI

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia has recorded increased investors’ interest and confidence from BRICS countries, with total investments approved for the first quarter of 2025 (1Q 2025) reaching RM8.54 billion, said the Ministry of Investment, Trade and Industry (MITI).

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

Penang's Approved Manufacturing Investments Surge 150 Pct To RM12.5 Bln In First Half

GEORGE TOWN, Aug 27 (Bernama) -- Penang continued to assert its position as a preferred investment destination for both new and existing investors, with a recorded RM12.5 billion in approved manufacturing investments in the first half of 2025 (1H2025), representing a 150 per cent year-on-year increase.

13MP Drives Regional Connectivity, Strengthens Economy Through JS-SEZ, Other Initiatives

KUALA LUMPUR, Aug 25 (Bernama) --   The 13th Malaysia Plan (13MP) emphasises strengthening regional connectivity by enhancing Malaysia’s engagement and role on the global economic stage.

MITI Updates Manufacturing Incentive Framework To Boost Economic Complexity – Tengku Zafrul

KUALA LUMPUR, Aug 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is updating its investment incentive framework for the manufacturing sector, to ensure it is aligned with intended outcomes. 

MBSB, DayOne Form Strategic Collaboration To Drive Johor's Digital Economy

JOHOR BAHRU, Aug 22 (Bernama) -- MBSB Bhd (MBSB) and DayOne Data Centers have formed a strategic collaboration to accelerate Johor’s digital infrastructure and economic transformation in line with the Maju Johor 2030 agenda.

Govt To Narrow Regional Development Gap Through Economic Zones -- Amir Hamzah

KUALA LUMPUR, Aug 21 (Bernama) -- The government continues to intensify efforts to attract investments to special economic zone development areas to bridge the gap between regions throughout the 13th Malaysia Plan (13MP) period, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Pahang To Develop RM75 Bln Hybrid Shipyard Complex In Pekan

KUALA LUMPUR, Aug 19 (Bernama) -- The Pahang State Government, through the Pahang State Secretary Incorporated (PSK) in collaboration with Teroka Majubina Holdings Bhd, today signed a lease agreement for the development of the Tanjung Agas Hybrid Shipyard Complex in Pekan, Pahang, with a total investment value of RM75 billion.

Macquarie Eyes Investments In Malaysia, Says Tengku Zafrul

KUALA LUMPUR, Aug 18 (Bernama) -- Global fund manager Macquarie Asset Management has expressed interest in investing across various sectors in Malaysia, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Negeri Sembilan To Develop Malaysia’s First AI-powered Halal Hub

SEREMBAN, Aug 18 (Bernama) -- Negeri Sembilan is set to become the first state in Malaysia to establish a halal hub powered by artificial intelligence (AI), said Menteri Besar Datuk Seri Aminuddin Harun.

RM500 Mln Strategic Investment By YCH Fusionaris Proves Promised Potential Now A Reality – Zafrul

KUALA LUMPUR, Aug 17 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the strategic investment by YCH Fusionaris Sdn Bhd has proven that the investment potential has now been realised.