Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan

GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.

Malaysia Secures RM2.97 Bln Digital Investments From China - Gobind

PUTRAJAYA, July 30 (Bernama) -- Malaysia has secured RM2.97 billion in confirmed digital investments from leading Chinese technology players, paving the way for the creation of over 6,800 high-value digital jobs nationwide, said Digital Minister, Gobind Singh Deo.

Gobind Calls On Banks To Help Uplift Communities Via Digital Empowerment

KUALA LUMPUR, June 30 (Bernama) — Banks today must not only be financial enablers but also help in uplifting communities by being digital advocates as well, said Digital Minister Gobind Singh Deo.

Data Centre 2.0 Transition Key Towards A Sustainable Digital Sector - MIDA

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s shift towards Data Centre 2.0 is a crucial step in building a strong foundation for the country’s digital sector growth, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

MDEC Plays Leading Role In Johor's Aspiration To Become Asia's Digital Hub

ISKANDAR PUTERI, June 18 -- The Malaysia Digital Economy Corporation (MDEC) plays a leading role in realising Johor’s aspiration to become Asia’s digital hub through various strategic initiatives and inter-agency collaborations.

Snowflake Sees Malaysia As Top Destination, Important ASEAN Economy For Expansion

From Nor Baizura Basri

SAN FRANCISCO, June 2 (Bernama) -- Snowflake, a global cloud computing company, views Malaysia as one of its top priority markets and among the most important economies in ASEAN for expanding operations, especially amid rising interest from the world’s top companies looking to invest in open data and data centres in the country.

Malaysia's Digital Investment Pipeline Reaches RM59.1 Bln As Of April -- Tengku Zafrul

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has a digital investment pipeline of RM59.1 billion as of April 2025, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

MITI Expects Total Trade To Improve By Five Pct In 2025 - Tengku Zafrul

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is targeting a five per cent increase in total trade for 2025, from RM2.879 trillion registered in 2024. 

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.

China's DeepSeek, AI Advancements Could Boost Data Centre Demand -- Gobind

KUALA LUMPUR, Feb 4 (Bernama) -- The emergence of new advancements in artificial intelligence (AI) platforms, such as China’s DeepSeek, could help increase demand for data centres in the country, said Digital Minister Gobind Singh Deo.

MIDA: Catalysing Malaysia's Economic Resilience, Future Growth In A Dynamic Global Landscape

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 12 (Bernama) -- Malaysia’s investment landscape in 2024 has once again showcased its resilience and adaptability, with the Malaysian Investment Development Authority (MIDA) at the forefront of driving economic growth through strategic investments, human capital development, digital and green economy initiatives.

Malaysia Continues To Lead Regional Data Centre Index -- Knight Frank Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW).