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Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

More Than 90 Pct Of Independent Smallholders To Be MSPO-certified End-2025 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is targeting more than 90 per cent of independent smallholders (ISH) to achieve Malaysian Sustainable Palm Oil (MSPO) certification by the end of next year.

Malaysia To Drive ASEAN FTA Upgrades To Further Enhance Region's Economic Growth    

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia is looking forward to the "upgrading" and conclusion of some of the existing free trade agreements (FTAs) with certain countries such as China, India and ASEAN member economies.

Juwai IQI: Chinese Capital Moving Away From G7 Economies, Coming Back To Asia

KUALA LUMPUR, Oct 29 (Bernama) -- International real estate technology group Juwai IQI said that Chinese capital is moving away from the Group of Seven (G7) economies and coming back to Asia, especially Southeast Asia, where Malaysia and its neighbours are some of the biggest beneficiaries of the Chinese pivot to Asia.

More To Come For Johor’s Data Centre Industry – Gobind

KUALA LUMPUR, Oct 29 (Bernama) -- More exciting developments are anticipated in Johor in the near future, particularly in the data centre sector, said Digital Minister Gobind Singh Deo.

Sabah A Powerhouse In Palm Oil Industry With 4.5 Mln Tonnes CPO Produced In 2023 - Hajiji

KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

US Keen On Climate Change Partnerships With Malaysia, Focusing On SAF To Reduce Emissions

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 27 (Bernama) -- The United States is keen to explore climate change partnerships with Malaysia, focusing on sustainable aviation fuels (SAF) in its pursuit to cut down carbon emissions and achieve a clean, green climate-resilient future.

Bursa Malaysia Likely To Trade Within Narrow Range Next Week

By Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range on cautious mode amid geopolitical uncertainties, said an analyst. 

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector

KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.