Data Centres' Peak Electricity Demand Expected To Reach 8.39GW By 2030

KUALA LUMPUR, Oct 19 (Bernama) -- Peak electricity demand from the data centre industry in Peninsular Malaysia is projected to reach 8.39 gigawatts (GW) by 2030, based on the current electricity supply planning estimates, according to the Ministry of Energy Transition and Water Transformation (PETRA).

Malaysia Is Back In Business, Amir Hamzah Tells IMF-World Bank Meetings

By Kenny Teng

BANGKOK, Oct 19 (Bernama) -- Malaysia’s message at the International Monetary Fund (IMF)-World Bank Group Annual Meetings here is clear: the country is back in business, backed by political stability, policy clarity and sustained reforms that are strengthening investor confidence amid global uncertainty.

Malaysia’s Growth Momentum Expected To Remain Firm In 4Q 2026

KUALA LUMPUR, Oct 19 (Bernama) -- Resilient domestic demand, sustained investment activity and supportive export prospects should underpin Malaysia's fourth quarter 2026 (4Q 2026) growth momentum, according to CGS International Securities Malaysia.

Malaysia’s Diversified Economy, Fiscal Buffers To Cushion External Shocks -- Amir Hamzah

By Kenny Teng

BANGKOK, Oct 18 (Bernama) -- Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MBI Selangor Subsidiaries Form Strategic Alliance To Explore Dark Fibre Network 2.0

KUALA LUMPUR, Oct 16 (Bernama) -- Smartsel Sdn Bhd and Pengurusan Air Selangor Sdn Bhd (Air Selangor), key subsidiaries of Menteri Besar Selangor (Incorporation) (MBI Selangor), will explore the proposed Selangor Dark Fibre Network 2.0, which aims to leverage existing utility corridors to deploy high-capacity fibre networks.

Malaysia's Data Centre, GPU Funding Expected To Exceed Bank Lending Limits In Three Years – S&P Global Ratings

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia’s funding requirements for data centres and associated graphics processing units (GPUs) are expected to exceed domestic bank lending limits over the next three years, according to  S&P Global Ratings.

Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks – IMF

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).

CRESS Demand Remains Resilient Despite Revised System Access Charge - Analysts

KUALA LUMPUR, Oct 15 (Bernama) -- Demand for renewable energy (RE) under the Corporate Renewable Energy Supply Scheme (CRESS) is expected to remain resilient despite the revised system access charge (SAC).

IMF Forecasts Malaysia GDP Growth At 5.2 Pct In 2026, Moderating To 4.7 Pct In 2027

KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2026 and 4.7 per cent in 2027, amid regional economic uncertainty, according to the International Monetary Fund (IMF).

Nexgram Appoints Substantial Shareholder Henry Cheang As Group MD

KUALA LUMPUR, Oct 15 (Bernama) -- Nexgram Holdings Bhd announced that Henry Cheang Soon Siang had emerged as a substantial shareholder, following his acquisition of 55.97 million ordinary shares, bringing his total interest to 65.97 million shares, representing 6.75 per cent of the company’s issued voting shares.

Data Centre Investors To Bear Cost Of Electricity Transmission Upgrades - Johari

KUALA LUMPUR, Oct 15 (Bernama) -- Data centre investors will be required to bear the cost of upgrading electricity transmission lines to meet their power requirements, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Govt To Refine Approach To Electricity Tariff Next Year - DPM Fadillah

KUALA LUMPUR, Oct 15 (Bernama) — The government is fine-tuning a new approach to ensure electricity tariffs are fairer and better suited to prevailing conditions next year, said Deputy Prime Minister Datuk Seri Fadillah Yusof.