3d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.
4d ago
By Samantha Tan Chiew Tieng
PUTRAJAYA, Aug 5 (Bernama) -- Malaysia needs to focus on developing high-value technologies (tech), components, and services to strengthen its position in the global space economy’s supply chain and reap the economic benefits of the sector, said Malaysian Space Agency (MYSA) director-general Datuk Azlikamil Napiah.
4d ago
NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.
4d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Kioxia Corporation announced that its KIOXIA GP Series PCIe NVMe solid-state drive (SSD) has received the FMS: the Future of Memory and Storage ‘Best of Show’ award in the ‘Specialized Storage’ category.
4d ago
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is expected to maintain its economic momentum in the second half of 2026 (2H 2026), driven primarily by continued strength in the technology sector as electrical and electronics (E&E) exports remain supported by the global artificial intelligence (AI) investment cycle despite recent corrections in technology stocks.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Gamuda Bhd's wholly owned subsidiary, Gamuda Engineering Sdn Bhd, has been awarded a RM1.71 billion construction contract for a hyperscale data centre (DC) project in Port Dickson by a US-based multinational technology company.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) share price soared 4.38 per cent on Wednesday morning after it recently secured a data centre development in Johor worth RM1.02 billion.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
4d ago
KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.