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SIC, DC Union Ink Deal To Build RM2.5 Bln Data Centre In Cyberjaya

SHAH ALAM, June 23 (Bernama) -- The Selangor State Development Corporation (PKNS), through its subsidiary, Selangor Industrial Corporation Sdn Bhd (SIC), has signed a Joint Venture Agreement (JVA) with Data Centre Union Sdn Bhd (DC Union) to develop a high-tech data centre in Cyberjaya.

AEON Credit Targets 8.0 Pct Loan Growth For FY2027

KUALA LUMPUR, June 23 (Bernama) -- AEON Credit Service (M) Bhd is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.

Malaysia Strengthens South Korea Presence With Largest-Ever KIE Delegation

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is strengthening its presence in the South Korean market with its largest-ever participation at the Korea Import Expo (KIE) 2026, according to the Malaysia External Trade Development Corporation (MATRADE).

Govt Open To Cooperation On Sabah SEZ

KUALA LUMPUR, June 23 (Bernama) -- The government is ready to assess appropriate forms of cooperation should the Sabah state government wish to spearhead the state's economic transformation through the establishment of a Special Economic Zone (SEZ), the Economy Ministry said.

Alpha Story Launches AI-Powered Marcomms Solution For Indonesia's MSMEs

JAKARTA, June 22 (Bernama) -- Singapore-based Alpha Story has launched a marketing communications (marcomms) solution in Indonesia targeting micro, small and medium enterprises (MSMEs), as it seeks to make professional communications services more accessible to smaller businesses.

Malaysia-Bangladesh FTA Targeted For Conclusion In 2027

KUALA LUMPUR, June 22 (Bernama) -- The Malaysia-Bangladesh Free Trade Agreement (MBFTA) is targeted to be concluded in 2027 as a mutually beneficial, comprehensive and forward-looking agreement that reflects current global trading practices.

Ibrahim Sani To Step Down As Yayasan Peneraju CEO On July 1

KUALA LUMPUR, June 22 (Bernama) -- Yayasan Peneraju (YP), an agency under the Ministry of Economy, announced that its chief executive officer (CEO) Ibrahim Sani will step down from his position effective July 1, 2026.

Malaysia Well-positioned To Lead In Energy Transition Financing - TNB Chief New Energy Officer

KUALA LUMPUR, June 21 (Bernama) -- Overwhelming response to two Islamic bond issuances by Tenaga Nasional Bhd (TNB) totalling RM2.5 billion for energy transition projects shows that Malaysia is well-positioned to lead in energy transition financing within the region.

Setia Fontaines Industrial Park Drives High-tech Investments In Penang

KEPALA BATAS, June 20 (Bernama) -- SP Setia Bhd today marked another significant milestone when it commenced the development of Setia Fontaines Industrial Park in Bertam through a ground-breaking ceremony, marking an achievement in the group's growth strategy and strengthening Penang's position as a future-ready investment destination.

Malaysia Could Contribute Up To 20 Pct Of Gentari’s RE Capacity In Five To 10 Years

By Muhammad Fawwaz Thaqif Nor Afandi

KUANTAN, June 19 (Bernama) -- Gentari Sdn Bhd expects Malaysia to contribute between 10 and 20 per cent of its renewable energy (RE) capacity over the next five to 10 years, underpinned by stronger domestic growth prospects and supportive government policies.

Malaysia's Rise In IMD Ranking Reflects Sustained Reforms, Public-Private Cooperation - FMM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.

Malaysia, South Korea Strengthen Renewable Energy Partnership Through Terengganu Bio-CNG Project

KUALA LUMPUR, June 19 (Bernama) -- Malaysia and South Korea have further strengthened their strategic partnership in renewable energy following the exchange of a letter of intent (LOI) for the Terengganu State Palm Oil Mill Biogas Upgrading Project, an initiative that will convert waste from the palm oil industry into bio-compressed natural gas (Bio-CNG).