Bursa Malaysia Rebounds To Open Slightly Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia rebounded from last week's losses to open marginally higher today, driven by mild buying interest in selected heavyweights, a dealer said.

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

DayOne To Build 1.2 Bln Euros Hyperscale Data Centre Campus In Lahti, Finland

KUALA LUMPUR, Aug 15 (Bernama) -- Singapore-based data centre developer and operator, DayOne has announced a landmark 1.2 billion euros investment to develop a hyperscale data centre campus in Lahti, marking one of Finland’s most significant digital infrastructure projects to date. (1 Euro = RM4.90)

Malaysia's Current Account Balance To Remain In Surplus This Year - BNM Governor 

KUALA LUMPUR, Aug 15 (Bernama) -- Malaysia's current account balance is expected to remain in surplus of between 1.5 per cent and 2.5 per cent of gross domestic product (GDP) in 2025, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour today. 

Construction Sector Set For More Job Flows In 2H 2025 - MBSB Investment

KUALA LUMPUR, Aug 15 (Bernama) -- The construction sector is expected to see increased job flows in the second half of this year (2H 2025), driven by the gradual rollout of major public-sector infrastructure projects, said MBSB Investment Bank Bhd.

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Johor Leads Data Centre Investment, 42 Projects Worth RM164.45 Bln Approved As Of 2Q

JOHOR BAHRU, Aug 13 (Bernama) -- Johor has emerged as the nation’s leading data centre investment hub with 42 projects worth RM164.45 billion approved as of the second quarter (2Q) this year.

No Malaysian Should Be Left Behind In AI Growth -- Gobind

KUALA LUMPUR, Aug 13 (Bernama) -- Artificial intelligence (AI) development in Malaysia must be inclusive and ensure that every segment of society benefits, said Digital Minister Gobind Singh Deo. 

Cloud Computing Policy To Position Malaysia As Regional Hub By 2030 - Gobind

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia has reaffirmed its ambition to become a leading regional cloud and digital hub by 2030 with the launch of the National Cloud Computing Policy (NCCP), a pivotal step in the development of the country's digital ecosystem, said Digital Minister Gobind Singh Deo.

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Johor Unveils First Large-Scale Water Reclamation Plant For Data Centres

JOHOR BAHRU, Aug 11 (Bernama) -- Johor made history with its first large-scale water reclamation plant dedicated for data centre operations located in Ulu Tiram here.

Cloudera Delivers Cloud-native AI Experience Behind The Firewall

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, has announced the latest release of Cloudera Data Services, bringing private AI on premises and giving enterprises secure, GPU-accelerated generative AI capabilities behind their firewall.