By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
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.
KUALA LUMPUR, June 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched “TPM1R408RH”, an 80-volt (V) N-channel power MOSFET fabricated using U-MOS11-H, its latest-generation process.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).
KUALA LUMPUR, June 30 (Bernama) -- ACE Market debutant Liftech Group Bhd is eyeing growth opportunities in Malaysia's expanding semiconductor, aerospace, and data centre sectors as the country continues to attract investment in advanced manufacturing and digital infrastructure.
KUALA LUMPUR, June 29 (Bernama) -- Jati Tinggi Group Bhd (JTGB) has clinched an RM86 million contract to undertake the design and construction of a 275-kilovolt (kV) overhead transmission line and related power infrastructure for a data centre in Kapar, Selangor.
PUTRAJAYA, June 29 (Bernama) -- Nexgram Holdings Bhd’s subsidiary, Neu Nexus Century City Sdn Bhd (NNCC), today kicked off the development of Neu Nexus Century City in Cyberjaya, an artificial intelligence (AI) infrastructure, energy and mixed-use development project with an estimated gross development value of RM2 billion.
KUALA LUMPUR, June 26 (Bernama) -- Heavyweight Gamuda Bhd's shares traded higher in early trade on Friday after recording improved third quarter financial year 2026 (3Q FY2026) results and an outstanding order book of RM52.3 billion as at April 2026.
KUALA LUMPUR, June 25 (Bernama) -- Gamuda Bhd’s net profit for the third quarter of financial year 2026 (3Q FY2026) rose five per cent to RM258 million, supported by strong contributions from its domestic construction order book.
KUALA LUMPUR, June 25 (Bernama) -- The government is undertaking a comprehensive study to establish policy and infrastructure foundations for a national water reclamation policy to support the development of data centres, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, June 25 (Bernama) -- A total of 11 developers have registered under the Corporate Renewable Energy Supply Scheme (CRESS) as of May 2026.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.
