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ECRL Expected To Contribute Up To RM90 Bln To GDP By 2047

By Anis Nabilla Md Wazilah

KUANTAN, July 21 (Bernama) -- The East Coast Rail Link (ECRL) project is projected to generate RM80 to RM90 billion in cumulative value added contribution to the country’s gross domestic product (GDP) by 2047. 

Airborneo To Support Sarawak's Regional Investment Hub Aspiration -- Abang Johari

SEPANG, July 20 (Bernama) -- AirBorneo will play a key long-term role in transforming Sarawak into a regional investment and logistics hub, while reinforcing Malaysia's economic growth, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

AirBorneo To Expand Operations Across ASEAN, Maintains Rural Air Services

SEPANG, July 20 (Bernama) --  AirBorneo Airways will expand its operations to several destinations across ASEAN while maintaining its responsibility to provide rural air services in Sarawak and Sabah.

Data Centres In Malaysia To Need Over US$20 Bln Funding Over Next Three Years - S&P Global

KUALA LUMPUR, July 20 (Bernama) -- Data centres in Malaysia are estimated to require over US$20 billion (US$1=RM4.09) in funding for powered shells and equipment over the next three years, based on the estimated capacity addition of around two gigawatts (GW), according to S&P Global Ratings.

Road To MAHA Labuan 2026 To Drive Food Security -- Labuan Corporation

LABUAN, July 20 (Bernama) -- Road to MAHA Labuan 2026 at the Labuan International Sea Sports Complex will serve as a catalyst for food security, agro-economic growth and sustainable agricultural development on the duty-free island.

Fujifilm Eyes M&A, Partnerships To Expand Solutions Business In Malaysia

KUALA LUMPUR, July 18 (Bernama) -- Fujifilm Business Innovation Corp is looking for opportunities to expand its business solutions segment in Malaysia through new business ventures, joint ventures and mergers and acquisitions (M&A), as businesses in the country increasingly embrace digital transformation.

Malaysia Well Positioned To Lead ASEAN EV Growth -- BMI

KUALA LUMPUR, July 17 (Bernama) -- Malaysia is well positioned to lead electric vehicle (EV) demand growth outside ASEAN's two dominant EV markets, Vietnam and Thailand, underpinned by its affluent consumer base and improving EV competitiveness, according to BMI.

Malaysia's Ports To Benefit From Supply Chain Shifts, Green Bunkering Push - AmBank

KUALA LUMPUR, July 17 (Bernama) -- Malaysia's port operators are poised to benefit from trade rerouting and increased transhipment activity despite elevated logistics costs, said AmBank (M) Bhd chief economist Firdaos Rosli.

Malaysia’s Regional Growth Centres To Drive Next Phase Of High-Value Economic Development - RHB IB

KUALA LUMPUR, July 17 (Bernama) -- Malaysia's regional growth centres are well-positioned to drive the next phase of high-value economic development, according to RHB Investment Bank Bhd (RHB IB).

Geoeconomic Fragmentation Prompts Malaysia To Rethink Energy Security -- Experts

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve stock reflects a broader shift in national policy as rising geoeconomic risks compel countries to place greater emphasis on energy security alongside economic resilience, according to experts.

Melaka Boosting Its Position As Semiconductor Hub To Attract High-value Investments

MELAKA, July 16 (Bernama) -- Melaka is strengthening its position as one of Malaysia's leading semiconductor and advanced manufacturing hubs by leveraging its established industrial ecosystem, skilled workforce and strategic location to attract the next generation of high-value investments.

H2O.ai Expands Singapore AI Lab Investment

KUALA LUMPUR, July 16 (Bernama) -- H2O.ai has expanded its investment in its Forward Deployed AI Lab in Singapore, strengthening its regional capabilities to support enterprise artificial intelligence (AI) deployments across the Asia-Pacific (APAC) region.