12d ago
KUALA LUMPUR, July 28 (Bernama) -- Every application for a new data centre project will undergo a stringent assessment process to ensure electricity and water supplies for local households and industries are not affected, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
12d ago
KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
12d ago
KUALA LUMPUR, July 28 (Bernama) -- The government ensures that every application for a new data centre project go through a strict assessment process to make sure that electricity and water supplies to households and local industries are not affected.
12d ago
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday amid dampened regional sentiment, as market players adopt a cautious stance ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for today and tomorrow, as well as US tech companies’ earnings.
13d ago
KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.
13d ago
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher as bargain-hunting activities emerged in banking and plantation heavyweights following the recent pullback.
13d ago
By K. Naveen Prabu
KUALA LUMPUR, July 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking weaker regional rubber futures, according to a dealer.
13d ago
By Anas Abu Hassan
SINGAPORE, July 27 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised Malaysia's growth forecast upward to 4.9 per cent for 2026 from an initial 4.6 per cent projection, driven by robust AI-related demand.
13d ago
KUALA LUMPUR, July 27 (Bernama) -- Malaysia should leverage its strengths to become a producer of globally competitive technologies while preparing a future-ready workforce to capitalise on Asia's economic rise, Strategic Intelligence co-founder Professor Henrik von Scheel said.
13d ago
PUTRAJAYA, July 27 (Bernama) -- The Statistics Bill 2026 is expected to be gazetted by the end of this year after completing the administrative process following its approval in Parliament, said Minister of Economy Akmal Nasrullah Mohd Nasir.
15d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.
16d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, tracking weaker regional rubber futures markets and declining crude oil prices, a dealer said.