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Azalea Vision Secures EIC Accelerator Funding To Advance Smart Contact Lens Platform

KUALA LUMPUR, July 3 (Bernama) -- Azalea Vision, a Belgian healthtech company, announced it has been selected for the European Innovation Council (EIC) Accelerator, the European Union’s (EU) flagship programme for breakthrough, market-creating deep tech.

Govt Committed To JS-SEZ, Achieves RM76.98 Bln In Approved Investments In 2025 - Akmal Nasrullah

KUALA LUMPUR, July 2 (Bernama) -- The federal government remains committed to the success of the Johor-Singapore Special Economic Zone (JS-SEZ) as a national economic agenda that positions Johor as a new growth driver for the country.

Bursa Malaysia Extends Gains To End Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept the benchmark index in positive territory despite cautious overall market sentiment.

Reservoir Link Secures Five-Year Appointment As Petronas Panel Contractor

KUALA LUMPUR, July 2 (Bernama) -- Reservoir Link Energy Bhd's 60 per cent-owned subsidiary, Reservoir Link Solutions Sdn Bhd (RLS), has secured a five-year appointment from Petroliam Nasional Bhd (Petronas) as a panel contractor.

Malaysia Poised To Gain From AI Chip Upcycle -- Apex Securities

KUALA LUMPUR, July 2 (Bernama) -- Malaysia is well positioned to benefit from the global artificial intelligence (AI)-driven semiconductor upcycle through advanced packaging, AI infrastructure, semiconductor equipment demand and ongoing supply-chain diversification, said Apex Securities Bhd.

Malaysia Needs Sovereign Cloud To Safeguard Critical Security And Personal Data -- PM Anwar

KUALA LUMPUR, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia needs to set up a sovereign cloud to safeguard critical security and personal data while remaining open to global digital investments as Southeast Asia becomes increasingly dependent on critical digital technologies and infrastructure.

Banks Increasingly Require Firms Seeking Loans To Provide Sustainability Reports -- ESGright

KUALA LUMPUR, July 2 (Bernama) -- It will be hugely advantageous for big companies as well as small and medium enterprises (SMES) to comply with sustainable reporting requirements so that they have access to capital and markets and retain their competitiveness.

IDS Should Lead Sabah's Logistics Masterplan Initiative, Says Expert

LABUAN, July 2 (Bernama) -- The Institute for Development Studies (IDS) Sabah should be formally mandated to initiate the Sabah Integrated Logistics and Transport Masterplan to unlock the state’s key progress in logistics planning, said logistics expert Datuk Ramli Amir.

Malaysia To Repurpose Retiring Coal Plants Into RE Hubs - DPM Fadillah

KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

SC Appoints New Shariah Advisory Council For 2026-2029 Term

KUALA LUMPUR, July 1 (Bernama) -- The Securities Commission Malaysia (SC) has appointed a new seven-member Shariah Advisory Council (SAC) for a three-year term from July 1, 2026, to June 30, 2029.

Electricity Consumption Of Data Centres Expected To Surge To 31 Pct By 2035

KUALA LUMPUR, July 1 (Bernama) --  Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.