Kee Ming Group Secures RM21.4 Mln Data Centre Subcontract

KUALA LUMPUR, June 9 (Bernama) -- Kee Ming Group Bhd has secured a RM21.36 million hyperscale data centre subcontract in Puncak Alam, Selangor.

Ringgit Among Region’s Top-Performing Currencies On Strong Investment Inflows - Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) – The ringgit remains among the best-performing currencies in the region this year, supported by strong investment inflows and Malaysia’s economic fundamentals despite heightened global uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Cautious Sentiment Drags Bursa Malaysia Lower At The Close

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.

PM Anwar Courts Japanese Investments In Semiconductors, AI And Quantum Computing

From Mohd Iswandi Kasan Anuar

TOKYO, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Japanese companies to continue expanding their investments in Malaysia, particularly in high-technology sectors such as semiconductors, artificial intelligence (AI), quantum computing and digital industries.

Rubber Market Ends Mixed

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 9 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, improved market sentiment following easing geopolitical tensions in West Asia, but was weighed down by expectations of improving natural rubber supply conditions and lower benchmark crude oil prices, a dealer said.

West Asia Crisis Pushed Malaysia’s Fuel Subsidy Bill To RM7.5 Bln In April

KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

EPF, PNB And KWAP To Allocate Capital To Support MY Value Up Principles -- Ahmad Zahid

KUALA LUMPUR, June 9 (Bernama) -- Government-linked investment companies (GLICs), namely the Employees Provident Fund, Permodalan Nasional Bhd and Retirement Fund Incorporated (KWAP), will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of 'MY Value Up' principles.

Khazanah: Investments Key To Malaysia’s Next Growth Phase

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must ensure that investments are channelled towards strengthening firms, deepening industrial linkages, and building higher-value capabilities to support the country’s next phase of economic development.

Bursa Malaysia Ends Morning Session Slightly Higher

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia recovered into positive territory by lunch break, supported by buying interest in selected heavyweights led by three counters.

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.

Malaysia Maintains Oil Production Quota For 2026 - Akmal Nasrullah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.

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.