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Malaysia Must Focus More On Green Computing To Continue Attracting Data Centre Investments

 

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia must focus more on green computing hardware and software to keep up with advancements in information technology (IT) infrastructure if it wants to continue attracting global data centre investments.

News In Brief: Sept 19, 2024

News In Brief: Sept 19, 2024

MIHAS 2024 Knowledge Hub Session Offers SMEs Strategies For Export Growth

KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.

Robust 1H 2024 Domestic Investments Show Country Not Dependent On Foreign Investments -- MIER

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s RM160 billion approved investments in the first half of 2024 (1H 2024), comprising RM85.4 billion in domestic investments (DI) and RM74.6 billion in foreign investments (FI), showed that the country is not overly dependent on FI to stimulate its economy.

MIDA Partners MIER To Strengthen Malaysia’s Investment Climate

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) have established a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

Gold Futures Close Higher After Fed's Bumper Rate Cut

KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivative ended higher following the expected interest rates cut by the United States Federal Reserve (Fed), analysts said. 

Ringgit Hits 28-month High Against USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night,

Eco World 3Q Net Profit Rises To RM80.44 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2024 (3Q 2024) increased to RM80.44 million from RM66.33 million last year.

Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point. 

Kenaf Industry Seeks Greater Govt Support To Boost Growth -- Chan

CYBERJAYA, Sept 19 (Bernama) -- The kenaf industry needs more government support to accelerate its growth and attract more smallholders to engage in its cultivation, which could significantly contribute to the national economy, according to Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

HR Gradual Changes, Strategic Shifts Expected In Next 12 To 18 Months - Study

KUALA LUMPUR, Sept 19 (Bernama) -- People Matters, a people and work community platform, in its  study on largest human resources (HR) industry in Asia Pacific (APAC) and Middle East (ME), highlighted the evolving state of HR and the strategic shifts expected in the next 12 to 18 months.