Ringgit Opens Higher Against US Dollar Amid Rate-hike Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.

TRC Synergy Secures RM149.98 Mln Hyperscale Data Centre Contract 

KUALA LUMPUR, Sept 8 (Bernama) -- TRC Synergy Bhd has secured a contract from Gamuda Engineering Sdn Bhd for underground services works worth RM149.98 million for a hyperscale data centre.

Data Centres Account For 9.28 Pct Of Total Electricity Consumption – ST

KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).

Favelle Favco Secures RM131.7 Mln In Crane Supply Contracts

KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.

Oil Price Seen At US$95-US$110 On Sustained Hormuz Impairment, Refinery Outage And Inventory Draws

By Nor Baizura Basri

KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.

MATRADE Leadership Drives Export Acceleration, Strengthens Trade Resilience

KUALA LUMPUR, Sept 8 (Bernama) -- The executive leadership of the Malaysia External Trade Development Corporation (MATRADE) remains committed to driving export acceleration and strengthening the resilience of Malaysia’s international trade sector via market-driven strategies and proactive trade facilitation.

Industries Need Innovation, Energy Efficiency To Stay Competitive - ABB

GEORGE TOWN, Sept 8 (Bernama) -- Industries must improve productivity, optimise energy consumption, enhance operational reliability and accelerate their sustainability journey to remain competitive amid rising costs and rapid technological changes.

ABB Group's Machine Automation Division Eyes Penang As Southeast Asia Operations Hub

GEORGE TOWN, Sept 8 (Bernama) -- Swiss-based ABB Group’s Machine Automation division (B&R) is looking to strengthen its presence in Penang and expand the state’s role within its Southeast Asian operations.

Malaysia Airlines Gradually Resumes Jakarta Services, Five Flights Remain Cancelled

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia Airlines is gradually resuming services to and from Jakarta, following the restart of operations at Soekarno-Hatta International Airport (CGK).

East Coast Poised To Become Food Security Hub, Green Economy Leader - MIDA

KUANTAN, Sept 8 (Bernama) -- Malaysia’s East Coast region has strong potential to become a key hub for national food security and a leading centre for the green economy through greater investment in renewable energy. 

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.