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Bagan Datuk Emerges As Data Centre Hub With RM569 Mln Data Centre Project - PRIVASIA

KUALA LUMPUR, April 10 (Bernama) -- PRIVASIA Technology Bhd is positioning Bagan Datuk, Perak, as an emerging digital infrastructure hub following the formalisation of a RM569 million engineering, procurement, construction and commissioning (EPCC) agreement for its data centre project.

Data Drives Economic Growth And Competitiveness, Says Deputy Digital Minister

KUALA LUMPUR, April 10 (Bernama) -- Data has emerged as a critical driver of economic growth and national competitiveness, with Malaysia’s ability to manage and leverage it effectively expected to determine its position in the global digital economy.

Malaysia, Australia Strengthen Women’s Role In Biotechnology Collaboration

PUTRAJAYA, April 8 (Bernama) -- Malaysia and Australia are committed to strengthening women’s participation and leadership in science, technology and innovation (STI), particularly in biotechnology, in building a more inclusive and competitive national innovation ecosystem.

West Asia Volatility Reinforces Need To Keep Internet Traffic Local, Says MyIX

KUALA LUMPUR, April 6 (Bernama) -- The volatility in West Asia has reinforced the need for Malaysia to keep internet traffic local amid growing concerns over the resilience of international connectivity and the risks of external disruptions to critical digital infrastructure, said the Malaysia Internet Exchange (MyIX) chairman, Chiew Kok Hin.

Hassan Marican Appointed As Chairman Of Crisis Management Task Force - Fahmi

KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.

UEM Edgenta Shareholders Approve Proposed SCR, Paving Way For Delisting

KUALA LUMPUR, April 2 (Bernama) -- UEM Edgenta shareholders today approved the proposed selective capital reduction and repayment exercise (SCR), paving the way for UEM Group to increase its current 69.14 per cent stake in the asset management and infrastructure solutions company to 100 per cent.

Energy Commission Reviews Several Legal, Regulatory Frameworks To Support Sector Stability

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) is reviewing several legal and regulatory frameworks, including mechanisms for electricity cross-border trading, as part of its efforts to support energy sector stability and sustainable growth.

Energy Commission Will Ensure Supply Of Electricity Generation Feedstock  - CEO

PUTRAJAYA, April 1 (Bernama) -- The Energy Commission (ST) has taken steps to ensure the continued supply of feedstock, particularly gas and coal for electricity generation, as it monitors developments in West Asia with the conflict in the region entering its second month.

April AFA Rate Announced With Slightly Lower Electricity Rebate

KUALA LUMPUR, March 31 (Bernama) -- Tenaga Nasional Bhd has announced the Automatic Fuel Adjustment (AFA) rate for April, with consumers set to receive a slightly reduced rebate of 0.47 sen per kilowatt hour (kWh).

Consumer Credit Commission Establishment Timely To Safeguard Consumers From Credit Service, BNPL Providers - BNM

KUALA LUMPUR, March 31 (Bernama) -- The establishment of the Consumer Credit Commission is timely and important in safeguarding consumers through the regulation and supervision of previously unregulated nonbank credit and credit service providers, including buy now pay later (BNPL) providers.

SC Sees No Necessity To Set Up Bursa Malaysia Regsub Following Strengthened COI Framework

KUALA LUMPUR, March 27 (Bernama) -- The Securities Commission Malaysia (SC) has decided there is no necessity at present to proceed with the proposed legislation to establish a Bursa Malaysia Bhd subsidiary (Bursa Malaysia RegSub) to assume the regulatory functions currently undertaken by the exchange holding company.

99.27 Pct Shareholders Vote Yes For Sunway-IJM Takeover

KUALA LUMPUR, March 26 (Bernama) -- Sunway Bhd’s shareholders almost unanimously voted yes for the company’s takeover offer for IJM Corp Bhd in an extraordinary general meeting (EGM) today.