ADB Raises Malaysia's Economic Growth Forecasts For 2026 And 2027

KUALA LUMPUR, Sept 23 (Bernama) -- The Asian Development Bank (ADB) has raised its 2026 and 2027 economic growth forecasts for Malaysia to 4.9 per cent and 4.7 per cent, respectively.

Budget 2027: Construction, AI, Infrastructure Sectors To Benefit - Moomoo

KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2027, to be tabled on Oct 9, is expected to benefit the construction and building materials sectors, based on current market consensus of RM85 billion to RM90 billion in development expenditure, according to Moomoo.

Ecoworld Shares Mixed In Early Trade After Port Dickson Land Deal

KUALA LUMPUR, Sept 23 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld) shares were mixed in early trade, following its announcement to dispose of two industrial land parcels in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.01 billion. 

Global Economic Outlook To Improve, But Uncertainty Remains -- WEF Report

KUALA LUMPUR, Sept 22 (Bernama) -- A majority, or 56 per cent, of chief economists surveyed expected the global economic outlook to remain stable or improve, a sharp improvement from May, when 89 per cent projected conditions to weaken, said the World Economic Forum (WEF) in its latest Chief Economists’ Outlook - September 2026. 

OGX Group Ventures Into Renewable Energy, Targets Data Centre Market

KUALA LUMPUR, Sept 22 (Bernama) -- OGX Group Bhd has ventured into the renewable energy (RE) industry, targeting opportunities in Malaysia’s growing data centre market through battery energy storage systems (BESS). 

RHB IB Maintains Overweight On Energy Sector As Govt Accelerates CRESS

KUALA LUMPUR, Sept 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained its “overweight” call on the energy sector, following the government’s decision to accelerate the adoption of the Corporate Renewable Energy Supply Scheme (CRESS).

Southern Score Builders Pare Early Gains Despite RM40 Mln Job Win

KUALA LUMPUR, Sept 22 (Bernama) -- Southern Score Builders Bhd (SSBB) opened higher before paring its gains in early trading, despite its announcement yesterday that its unit, SJEE Engineering Sdn Bhd, had secured an RM40 million data centre subcontract project in Nilai, Negeri Sembilan.

Southern Score Subsidiary Wins RM40 Mln Nilai Data Centre Subcontract

KUALA LUMPUR, Sept 21 (Bernama) -- Southern Score Builders Bhd’s 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd (SJEE), has secured a RM40 million subcontract from a local construction company for electrical works at a data centre project in Nilai, Negeri Sembilan.

Kenanga IB: Budget 2027 Should Support Growth, Maintain Fiscal Consolidation

KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).

PM Anwar Visits China For Multi-Dimensional Mission Of Diplomacy, Digital Trade And TVET

From Harlina Samson

SHANGHAI, Sept 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Shanghai and Hangzhou beginning Tuesday is aimed at deepening economic ties, advancing digital trade frameworks and highlighting the importance of technical talent development.

Jati Tinggi Wins RM72.84 Mln Data Centre Power Infrastructure Contract

KUALA LUMPUR, Sept 18 (Bernama) -- Jati Tinggi Group Bhd’s (JTGroup) wholly-owned subsidiary, Jati Tinggi Holding Sdn Bhd, has secured a RM72.84 million contract to undertake critical power infrastructure works for a data centre development in Selangor.

Vertex Material Valued At US$7 Bln, Targets Nasdaq Listing In 2027

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysian advanced-materials company developing copper-composite materials for industrial applications Vertex Material has emerged as a new unicorn, achieving a valuation of approximately US$7 billion (US$1=RM4.08) and is targeting a listing on Nasdaq in 2027.