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Economic

Malaysian Data Centre Market To Further Expand On Demand Surge - CBRE

ISKANDAR PUTERI, Sept 27 (Bernama) -- The data centre market in Malaysia is growing rapidly and will continue to expand further as the current supply of data centres in the country is still insufficient to cater for the increasing demand, according to CBRE Group Inc.

Malaysia Will See Strongest LNG Production Growth In Short And Medium Term, Says BMI

KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.

500 Companies From China To Participate In December 2024 Malaysia-China Summit

KUALA LUMPUR, Sept 27 (Bernama) – The Malaysia-China Summit 2024 (MCS 2024) is expected to attract 500 leading companies from China eager to forge new trade and investment partnerships with their Malaysian counterparts.

Teledyne Unveils AI-Powered Smart Camera For Industrial Automation, Inspection

KUALA LUMPUR, Sept 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced its next generation artificial intelligence (AI)-powered BOA3 smart camera for industrial automation and inspection.

Malaysia Eyes Global AI Hub Status With AWS RM29.2 Bln Investment -- Anwar

KUALA LUMPUR, Sept 27 (Bernama) -- The government is dedicated to advancing the country's digital transformation and digital economy as critical components in enhancing Malaysia's industrial economic complexity, said Prime Minister Datuk Seri Anwar Ibrahim.

Gamuda Up In Early Trade Following Strong FY2024 Results

KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Lower August 2024's PPI To Keep OPR Unchanged In 2024 -- MIDF Research

KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month. 

AirAsia Will Continue Seeking License To Operate In Singapore

KUALA LUMPUR, Sept 26 (Bernama) — AirAsia will not give up on securing a license to operate in Singapore, despite having been rejected three times, said Capital A chief executive officer, Tan Sri Tony Fernandes. 

Malaysia Digitally Equipped To Be Regional Services Hub For Global Companies - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Trade, Investment and Industry (MITI) will continue to nurture talent, deepen trade relationships and ensure Malaysia remains a leading manufacturing and services hub, contributing to a prosperous and inclusive Asean.

ASEAN Chairmanship 2025: Malaysia Assures Member States Of Robust Digital Economic Growth For All - Anwar

KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia will ensure robust digital economic growth across the 10 ASEAN member states as it takes up chairmanship next year, said Prime Minister Datuk Seri Anwar Ibrahim.

AWS Region's RM57.3 Bln GDP Contribution could Be Fast-tracked To 2032- PM Anwar

KUALA LUMPUR, Sept 26 (Bernama) -- The government believes that the Amazon Web Services (AWS) Asia Pacific (Malaysia) Region’s projected RM57.3 billion contribution to Malaysia's gross domestic product (GDP) could be fast-tracked to 2032 from 2038, given its current pace of development, said Prime Minister Datuk Seri Anwar Ibrahim.

ADE Poised To Be Capital A’s First Business To Be Listed On Bursa - Fernandes

SEPANG, Sept 26 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd,  is poised to be Capital A's first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernandes.