Avaland To Buy PJ Land For RM49 Mln

KUALA LUMPUR, July 1 (Bernama) -- Property developer Avaland Bhd has entered into an agreement to acquire 2.2 acres (0.89 hectare) of prime development land in Section 13, Petaling Jaya worth RM49 million.

Powerwell Accepts RM16.6 Mln Switchboard Orders For Hyperscale Data Centre Project

KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.

Continued Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 1 (Bernama) -- Continued buying momentum in selected heavyweights have pushed Bursa Malaysia to close at its intraday high today, marking its fourth consecutive session of strong performance, an analyst said.

Penang Launches Silicon Research And Incubation Space To Drive IC Design Industry

GEORGE TOWN, July 1 (Bernama) -- Penang’s mission to lead Malaysia’s integrated circuit (IC) design landscape received a boost with the launch of the Silicon Research and Incubation Space, a high-innovation facility under the Penang Silicon Design @5km+ (PSD@5km+) initiative.

Hyra Network Named ‘Technology Startup Of The Year’ For Pioneering Shared AI Infrastructure

KUALA LUMPUR, July 1 (Bernama) -- Vietnamese firm Hyra Network has been named “Technology Startup of the Year” at the 2025 Globee Awards for Technology, in recognition of its pioneering work in decentralised artificial intelligence (AI) infrastructure.

Bursa Marginally Higher On Heavyweight Buying, Upbeat Outlook

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, supported by continued buying in selected heavyweights amid optimism over the economic outlook, an analyst said.

Yinson's Net Profit Slips To RM115 Mln In 1Q Ended April 30,2025

KUALA LUMPUR, June 30 (Bernama) -- Yinson Holdings Bhd’s net profit for the first quarter (1Q) ended April 30, 2025, fell to RM115.0 million from RM203.0 million recorded in the same period a year ago. 

JS-SEZ, RTS Link To Boost Johor Property Market

JOHOR BAHRU, June 30 (Bernama) -- Johor’s property market is expected to enter a new phase of growth following the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement and the ongoing development of the Johor Bahru–Singapore Rapid Transit System (RTS) Link.

Hyrax Oil Named Sole Distributor For Ergon Malaysia

KUALA LUMPUR, June 30 (Bernama) -- Hyrax Oil Sdn Bhd, a leading Malaysian producer of lubricants and transformer oils, has been appointed the sole distributor of ester-based transformer oils by Ergon Oil (Singapore) Pte Ltd, a regional subsidiary of United States-based specialty oil firm Ergon Inc.

CT Group Unveils Vietnamese-Designed IoT Chip In Strategic Semiconductor Push

KUALA LUMPUR, June 30 (Bernama) -- Vietnam-based CT Group has launched its first locally designed Internet of Things (IoT) chip, marking a significant milestone in its 33rd anniversary celebration and the conclusion of its initial three-year plan within its second 30-year development phase.

HCL Group, UpLink Launch Water Resilience Challenge To Drive Innovation 

KUALA LUMPUR, June 30 (Bernama) -- Global conglomerate HCL Group and UpLink, the early-stage innovation platform of the World Economic Forum (WEF), have launched the fourth challenge under the Aquapreneur Innovation Initiative, aimed at enhancing global water resilience.

CYDES 2025 To Drive Strategic Investments, Boost Malaysia's Regional Cybersecurity Leadership

By Nurul Hanis Izmir

PUTRAJAYA, June 30 (Bernama) -- Malaysia is expected to attract more strategic investments in cybersecurity through the hosting of the Cyber Defence and Security Exhibition and Conference (CYDES) 2025, a regional platform that not only showcases the latest innovations but also reinforces Malaysia’s leadership in ASEAN cybersecurity initiatives.