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Silicon Island: 202 Hectares Reclaimed, Green Tech Park To Be Developed In 2027 – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The development of Silicon Island in Penang will focus on the construction of a 283.28-hectare (ha) Green Tech Park in 2027, after 202.34 ha of the total 513.95 ha Phase 1 area had been reclaimed by October this year.

Mi Technovation Unit To Acquire KHL Building In Singapore For SG$103.88 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Mi Technovation Bhd's wholly owned subsidiary, Ohima  International Pte Ltd, has entered into a conditional sale and purchase agreement to acquire a seven-storey light industrial development located at New Industrial Road, KHL Building, in Singapore, for S$103.88 million (RM331.80 million) in cash.

Dialog Targets Additional RM3 Bln Investment In Pengerang Deepwater Terminals

JOHOR BAHRU, Oct 30 (Bernama) -- Dialog Group Bhd plans an additional investment of RM3 billion between 2027 and 2030 to support the continued development of the Pengerang Deepwater Terminals (PDT).

Invest Johor Identifies Five Potential Sectors At Nexus Sedenak

By Hasnah Jusid

JOHOR BAHRU, 30 Oct (Bernama) – Invest Johor has identified five key potential sectors for development at Nexus Sedenak, which is set to become a new industrial and supply chain hub under the Johor-Singapore Special Economic Zone (JS-SEZ).

SkyDrive Teams Up With Six Singapore Tech Firms On eVTOL

KUALA LUMPUR, Oct 30 (Bernama) -- Japanese electric vertical take-off and landing (eVTOL) aircraft developer, SkyDrive Inc has signed a memorandum of understanding (MOU) with six Singapore-based technology companies for joint research, development and technical validation of key eVTOL components.

Penang Tech Financial Centre To Capitalise On Geopolitical Shifts, AI Supercycle – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.

Linyi Trade City Initiative To Ease Supply Chain Access For Malaysian Businesses

By Norhayati Mohd Akhir

LINYI (Shandong) Oct 30 (Bernama) -- Malaysian businesses will now have more efficient access to supply chains in China following Linyi Trade City Group's move to introduce the Market Procurement + Global Partners Initiative, backed by the integration of logistics, customs and financial services under a unified service platform.

European Deep-Tech Firms Seek Singapore Investors At Innovation Night

KUALA LUMPUR, Oct 29 (Bernama) -- More than 150 investors, corporate leaders, policymakers and innovators met European deep-tech companies at the European Innovation Night in Singapore on Oct 28, an event aimed at building business and investment partnerships between Europe and Singapore.

Tencent Cloud Optimises Computing Costs, Expands Local Offerings To Accelerate AI Adoption

From Harizah Hanim Mohamed

SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud International is optimising its hardware and software architecture to provide more cost-effective computing and artificial intelligence (AI) inference amid growing demand for computing and storage, while offering products suited to local markets to accelerate adoption.

Automotive, Data Centres, Aerospace Offer Higher-value Opportunities For Steelmakers -- Sim

SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.

Perdasama Aims To Open Linyi-Malaysia Halal Hub, Create More Opportunities For Bumiputera Entrepreneurs

From Norhayati Mohd Akhir

LINYI (Shandong), Oct 29 (Bernama) -- The Malaysian Association of Malay Entrepreneurs and Traders (Perdasama) aims to establish a Linyi-Malaysia halal hub to strengthen bilateral economic cooperation and create broader opportunities for Bumiputera entrepreneurs to break into the huge Chinese market.

PHB Acquires RM300 Mln Logistics Complex In Penang From Titijaya

KUALA LUMPUR, Oct 28 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has acquired a logistics real estate asset in Bayan Lepas Waterfront, Penang, from Titijaya Land Bhd for approximately RM300 million.