1d ago
By Mohamad Syazwan Mustafa
JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.
1d ago
KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.
1d ago
KUALA LUMPUR, April 30 (Bernama) — AirTrunk, a hyperscale data centre platform company in Asia Pacific and West Asia, will increase its investment by another RM12 billion this year, bringing its total committed investment in Malaysia to RM27 billion.
2d ago
KUALA LUMPUR, April 29 (Bernama) -- Energy transition efforts worldwide continue to gain momentum, despite an increasingly complex geopolitical landscape, with investment estimated to have reached US$3.3 trillion (US$1 = RM3.95) last year.
3d ago
KUALA LUMPUR, April 28 (Bernama) -- Malaysia ranks among the top countries in artificial intelligence (AI) readiness, supported by strong adoption rates, public trust and continued investment in the digital economy, according to global real estate property technology group, Juwai IQI Holdings.
3d ago
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia ended the morning trading session on a positive note, supported by buying interest in selected technology stocks, which saw increased demand following strong signals of growth in artificial intelligence (AI).
3d ago
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.
4d ago
KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia opened higher on Monday amid renewed interest as Malaysia is seen benefitting from increased data centre investments due to its reputation as a strategically secure hub, following stronger-than-expected earnings from US chip giant Intel Corp.
7d ago
KUALA LUMPUR, April 24 (Bernama) -- Eco World Development Group Bhd’s unit, Eco Business Park 6 Sdn Bhd, has sold two parcels of industrial land in Kulai, Iskandar Malaysia, Johor, to KNBDC Malaysia Five Sdn Bhd for RM280.8 million.
7d ago
KUALA LUMPUR, April 24 (Bernama) -- INNIO Group, an energy solution and service provider, has completed a landmark, industry-first demonstration of backup power for data centres using 100 per cent hydrogen-fuelled gas engines at the three megawatts (MW) scale.
10d ago
KULAI, April 21 (Bernama) -- GrandCape (M) Sdn Bhd, a joint venture of Cape EMS Bhd with New Grand Tech (HK) Ltd, is expected to generate US$7 million (US$1 = RM3.95) revenue per month with four current flexible flat cable (FFC) production lines.
10d ago
KUALA LUMPUR, April 21 (Bernama) -- Malaysian businesses must move away from competing on low prices and instead position themselves as a premium and safe destination in the global market.