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Alibaba Cloud Launches Johor Public Cloud Region To Meet Growing Demand

KUALA LUMPUR, June 9 (Bernama) – Alibaba Cloud Intelligence has launched its new public cloud region in Johor, expanding its data centre footprint in Malaysia as it seeks to meet the growing demand for cloud and artificial intelligence (AI) services.

Stronger Fiscal Discipline Key To Attracting Higher-Value Investment -- Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Sime Darby Property Launches RM1.25 Bln Fund For Data Centres, Logistics Developments

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) has launched a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, as well as industrial and logistics development projects within SDP’s key townships in Malaysia.

Sime Darby Property Traded Flat After Launching RM1.25 Bln Development Fund

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) counter was traded flat after announcing a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, and industrial and logistics development projects within its key townships.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

Digital Realty Launches Malaysia Platform, Targets 32MW Data Centre Capacity

KUALA LUMPUR, June 8 (Bernama) -- Digital Realty has launched its Malaysia platform, marking a key milestone in its Asia Pacific expansion, with plans to develop and scale its data centre capacity in the country to approximately 32 megawatts (MW).

Classico Expands Pokemon-Themed Medical Apparel Collection Across Asia

KUALA LUMPUR, June 8 (Bernama) -- Classico Inc, a Japanese medical apparel brand, has launched the #ClassicoPokemonCollection across Asia, including Singapore, Malaysia, the Philippines, Hong Kong, Taiwan and Thailand.

Rubber Market Ends Mixed Amid Weaker Regional Futures, Firmer Oil

By K. Naveen Prabu

KUALA LUMPUR, June 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, taking the cue from weaker regional rubber futures and firmer crude oil prices, a dealer said.

BIMB Investment Launches Shariah-Compliant Fund Targeting Small-Cap Stocks

KUALA LUMPUR, June 8 (Bernama) -- BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.

Digital Realty Expands To Malaysia, Plans 32 MW Data Centre Capacity Development

KUALA LUMPUR, June 8 (Bernama) -- Global cloud- and carrier-neutral data centre platform Digital Realty has announced its establishment in Malaysia and plans to develop and scale approximately 32 megawatts (MW) of data centre capacity to support the country’s growing digital infrastructure needs.

NAIO Set To Be Officially Institutionalised On July 28 -- Gobind

KUALA LUMPUR, June 8 (Bernama) -- The National AI Office (NAIO) is set to be officially institutionalised on July 28, said Digital Minister Gobind Singh Deo.

Bank ABB Launches AI-Powered Banking Assistants

KUALA LUMPUR, June 8 (Bernama) -- Bank ABB, a financial institution in the South Caucasus, has launched its artificial intelligence (AI) assistants, AI-nur and AI-khan, making them available to all customers following a successful beta testing phase.