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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.

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.

Ringgit To Trade Firmer Against US Dollar Next Week, Ahead Of Us Labour Data

KUALA LUMPUR, June 28 (Bernama) --  The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.

World Goods Trade Rebounds In Early 2025 In Anticipation Of US Tariffs - WTO

MOSCOW, June 27 (Bernama-Sputnik/RIA Novosti) -- World goods trade increased sharply in early 2025 in anticipation of US tariffs, but weakening export orders suggest the momentum may not be sustained, the World Trade Organisation (WTO) Goods Trade Barometer showed, reported Sputnik/RIA Novosti.

Newpark Strengthens Leadership Team, Invests In Global Expansion Post-acquisition

KUALA LUMPUR, June 26 (Bernama) -- Newpark Fluids Systems (Newpark), a global independent provider of drilling and completion fluids solutions, has announced key additions to its executive leadership and Board of Directors, alongside significant capital investments aimed at accelerating global growth and operational excellence.

Gradiant’s alkaLi To Launch First Fully Integrated Lithium Plant In US From Oilfield Water

KUALA LUMPUR, June 25 (Bernama) -- Gradiant, a global water and resource recovery firm, announced it will design, build, own, and operate the world’s first fully integrated lithium production facility utilising oilfield produced water in the Marcellus Shale Formation, Pennsylvania, United States (US).

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.

Malaysia's May 2025 Inflation At 1.2 Pct Lowest In 51 Months - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia registered an inflation rate of 1.2 per cent in May 2025, the lowest in 51 months, with the Consumer Price Index (CPI) at 134.4 versus 132.8 a year ago, according to the Statistics Department Malaysia (DOSM).

AirAsia X Plans To Make Central Asia The Main Focus For Network Expansion

SEPANG, June 23 (Bernama) -- Medium-haul low-cost airline AirAsia X Bhd plans to make the Central Asian region the main focus of its flight network expansion, supported by the high potential market demand and relatively underexplored by commercial airlines.

Philippines To Build On Malaysia’s ASEAN Chairmanship Legacy

By Zufazlin Baharuddin

KUALA LUMPUR, June 22 (Bernama) -- The Philippines has expressed its commitment to build on Malaysia’s current ASEAN chairmanship as it prepares to lead the regional bloc in 2026 especially in strengthening regional economic cooperation and ensuring a united stance on global issues.

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

Malaysia's Data Centre Sector Remains Positive -- MIDF Amanah

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.