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Malaysia's Internet Traffic Climb Exponentially In 2024 -- MyIX

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Internet traffic climbed exponentially in 2024 as reflected by the Malaysia Internet Exchange’s (MyIX) indicators, recording a 17 per cent year-on-year increase to 2.6 Terabits per second (tbps), an all-time high for the company.

LSH Capital Secures 20-year Lease To Manage KL Tower

KUALA LUMPUR, March 26 (Bernama) -- Lim Seong Hai Capital Bhd (LSH Capital) has signed a 20-year lease agreement with the Federal Lands Commissioner to modernise and manage one of Malaysia’s most iconic landmarks, the Kuala Lumpur Tower (KL Tower), and its surrounding areas.

MAHB Prioritises Sustainability In Airport Expansion, Operations

PERTH, March 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is committed to balancing business growth with sustainability as it expands its airport network and attracts new airlines.

E&E Sector To Grow, Tracking Rising Demand For High-Precision Components

KUALA LUMPUR, March 26 (Bernama) -- The electrical and electronic (E&E) sector is expected to grow this year, driven by the rising demand for high-precision electronic components, said Chemlite Innovation Bhd.

MDS Global Platform To Power PXC’s Digital Transformation

KUALA LUMPUR, March 26 (Bernama) -- MDS Global, a provider of Business Support Systems (BSS) for digital telcos, has announced a new strategic partnership with PlatformX Communications (PXC), the United Kingdom (UK)’s wholesale provider of connectivity, voice, cloud and security solutions.

Axiata, Sinar Mas Get Shareholders Nod On XLSMART Merger

KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.

PropertyGuru Asia Awards Malaysia 2025 Introduces 23 New Categories

KUALA LUMPUR, March 26 (Bernama) -- The 12th edition of PropertyGuru Asia Awards Malaysia, in partnership with iProperty, will expand in 2025 with the introduction of 23 new award categories, bringing the total to 132.

Malaysia's Economic Growth To Remain Resilient In 2025 -- RHB IB

KUALA LUMPUR, March 25 (Bernama) -- Malaysia’s economic growth is expected to remain resilient this year, supported by continued progress on multi-year projects, rising household incomes, and easing global monetary conditions, RHB Investment Bank (RHB IB) said.

Amata Corp Expects Industrial Land Sales To Rise 15 Pct In 2025

BANGKOK, March 25 (Bernama) -- Amata Corporation PCL, Thailand's leading industrial estate developer, expects a 15 per cent increase in industrial land sales in 2025, driven by its new project in Laos and sustained investor demand in Thailand and Vietnam.

CarbonPura Launches Ghana Green Guard For Sustainable Socio-Economic Development

KUALA LUMPUR, March 25 (Bernama) -- CarbonPura has introduced the US$25 billion Ghana Green Guard, a transformative series of privately funded environmental protection and climate-smart projects tailored to Ghana’s unique landscape. (US$1=RM4.43)

AME Elite To Sell 3 Industrial Properties In Johor For RM100.8 Mln To AME REIT

KUALA LUMPUR, March 24 (Bernama) -- AME Elite Consortium Bhd has proposed to sell three industrial properties in Johor, totalling 3.579 hectares, to AME Real Estate Investment Trust (AME REIT) for RM100.8 million in a related party transaction.

BNM's International Reserves Ease To US$118.0 Bln As At March 14, 2025

KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s international reserves eased to US$118.0 billion as at March 14, 2025, from US$118.3 billion on Feb 28, 2025, according to Bank Negara Malaysia (BNM).