Construction Sector To See Data Centre Contracts Award Upswing In 2H -- HLIB

KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).

Johor On Track To Emerge As Malaysia’s New economic Driver -- Exco

JOHOR BAHRU, July 2 (Bernama) -- The Johor state government is confident that the state is on the right track to emerge as Malaysia’s new economic driver when it records the highest gross domestic product (GDP) growth in 2024. 

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.

Binastra Records 43 Pct Revenue Growth,; Order Book At RM4.1 Bln In 1Q

KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.

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.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

Malaysia Set To Strengthen Regulations On Semiconductor, AI Chips Export - Report

KUALA LUMPUR, March 24 (Bernama) -- Malaysia plans to strengthen its regulations on the semiconductor sector in response to United States (US) pressure to curb the illicit flow of advanced artificial intelligence (AI) chips to China, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Govt Has Approved 21 Data Centre Projects Worth RM113.8 Bln Since 2021 - MITI

KUALA LUMPUR, March 12 (Bernama) -- The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021.

Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides  a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Sunway Construction's FY2024 Net Profit Surges To RM186.9 Mln On Strong Project Progress

KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.

Bursa Malaysia Ends On Positive Note Supported By Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia ended the week on a positive note, in line with most of its regional peers, as bargain hunting boosted the FTSE Bursa Malaysia KLCI (FBM KLCI) after a lacklustre performance over the last few days.