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Johor Water Security Plan Strengthened Amid Rapid Industrial Growth

KUALA LUMPUR, June 24 (Bernama) -- The government is taking a long-term approach to ensure water security in Johor remains safeguarded, in line with rapid growth in the industrial sector, urban development and strategic investments, including data centres.

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

Ringgit Opens Easier As Strong US Data Supports Dollar

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.

Malaysia Open To Boost Strategic Tie-Up With UAE In High-Potential Economic Sectors Including Petroleum - MITI

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.

Political, GE16 Speculations Not Main Factors Driving Foreign Investors' Decisions - MITI

KUALA LUMPUR, June 23 (Bernama) -- Speculations on politics and the potential 16th General Election (GE16) are not the main factors influencing foreign investors' decisions, although political stability remains an important consideration in determining investment destinations.

LBS' Lim Hock San Receives ASEAN Lifetime Achievement Award

KUALA LUMPUR, June 23 (Bernama) -- LBS Bina Group Bhd group executive chairman Tan Sri Dr Lim Hock San has been conferred the Lifetime Achievement Award 2026 - Visionary Business Leadership & Community Excellence at the ASEAN Outstanding Business Award 2026 held in Kuala Lumpur.  

CPO Futures Close Lower Amid Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking weaker crude oil prices, according to a trader.

Sunway's Indirect Unit Secures Singapore Residential Site Worth SGD750.57 Mln

KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd. 

Desatera To Bolster Commercial Segment, Growing To At Least 15 Outlets In 2026

BANGI, June 23 (Bernama) -- Food and support services company, Desatera Sdn Bhd, aims to increase its outlets to at least 15 this year to bolster its commercial segment as a driver of future growth.

Gold Futures Close Lower Amid Hawkish Fed Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.

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.