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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.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Value Of Contracts Awarded To Local Companies Involved In ECRL Project Hits RM18.57 Bln

RAWANG, July 1 (Bernama) --  The value of contracts awarded to local companies involved in the East Coast Rail Link (ECRL) project has reached RM18.57 billion, surpassing the target of RM10.8 billion, said Malaysia Rail Link Sdn Bhd (MRL) Chairman Tan Sri Shamsul Azri Abu Bakar.

Network Outages Cost Global Firms Millions Annually - Expereo 

KUALA LUMPUR, July 1 (Bernama) -- Global businesses are facing significant financial losses due to network instability, with 28 per cent reporting revenue declines of up to US$5 million and another 23 per cent exceeding that figure, according to the latest findings from an IDC InfoBrief commissioned by Expereo. (US$1=RM4.19)

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.

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.

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.

Public Mutual Declares Distributions Of Over RM109 Mln For Five Funds

KUALA LUMPUR, June 30 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary Public Mutual has declared distributions amounting to more than RM109 million for five funds as at June 30, 2025.

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.

KWAP Finalises 12 General Partners Under Dana Pemacu’s RM6 Bln Fund Allocation

KUALA LUMPUR, June 30 (Bernama) -- The Retirement Fund Inc (KWAP) today announced the shortlisted 12 global general partners (GPs) with an allocation of RM6 billion across both conventional and Shariah-compliant funds under the Dana Pemacu initiative.