1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.
1y ago
By Kisho Kumari Sucedaram & Mikhail Raj Abdullah
KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.
1y ago
KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia is looking forward to the "upgrading" and conclusion of some of the existing free trade agreements (FTAs) with certain countries such as China, India and ASEAN member economies.
1y ago
By Abdul Hamid A. Rahman
KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s official admission as a BRICS partner country, along with its role as ASEAN chairman in 2025, positions the nation as a bridge in advocating for regional economic resilience and collaboration between the two blocs.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Indonesian airline, PT TransNusa Aviation Mandiri (TransNusa) has signed agreements with Sunway Medical Centre and Asia OneHealthCare to provide its passengers with additional healthcare options and expand its operations into the medical tourism industry.
1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- Three companies have met all the requirements to participate in the online bidding on June 16, 2024, for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- Tenaga Nasional Bhd (TNB) is expected to see continuous stable returns from its hydropower plants following the implementation of the Hydro Life Extension Programme (HLEP), according to RHB Investment Bank Bhd (RHB IB).
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM20 million to revitalise idle private rubber plantations and RM60 million for latex production under the Rubber Industry Smallholders Development Authority (RISDA) are significant steps forward in supporting the growth and sustainability of the rubber glove industry.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia is well positioned to advance ASEAN's economic prosperity and regional integration by leveraging its resources and digital infrastructure, bolstered by a stable government and effective policies, said the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Global EduTech Management Group (GEM Education), a company registered in Hong Kong, has pledged to support RM100 million for the Advanced Semiconductor Academy of Malaysia (ASEM), which will focus on developing world-class talent and providing industry-relevant education for a digital future driven by semiconductors.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.