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KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)
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.
KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).
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.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s digital economy is projected to reach US$48 billion (US$1=RM4.08) in gross merchandise value (GMV) this year, according to the 11th edition of the annual e-Conomy SEA Report 2026.
KUALA LUMPUR, Oct 28 (Bernama) -- The government has yet to decide on 24 new data centre applications as it assesses whether electricity supplies can meet the needs of 117 projects already approved, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
KUALA LUMPUR, Oct 27 (Bernama) -- The government is prepared to re-engage with industry players to look at the possibility of improving the fee structure of the Corporate Renewable Energy Supply Scheme (CRESS).
From Rosemarie Khoo Mohd Sani
SINGAPORE, Oct 27 (Bernama) -- Tenaga Nasional Bhd (TNB) has committed to connecting approved data centres to the electricity grid within one year, as Malaysia strengthens its domestic network to keep pace with rising power demand and regional electricity connectivity.
KUALA LUMPUR, Oct 27 (Bernama) -- The Invest Borneo action plan should focus on shared value chains, improve cross-border ease of doing business and prioritise investment realisation to strengthen Borneo’s position as an investment hub, according to the Malaysian Investment Development Authority (MIDA).
SIBU, Oct 26 (Bernama) -- Improved air connectivity and high-tech infrastructure must be prioritised under the proposed Sibu Economic Zone (SEZ) to attract investment, skilled talent and high-value industries to central Sarawak, says local entrepreneur Dr Gregory Hii Sui Cheng.
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia is well positioned to play a key role as a regional data centre hub if it can maintain its competitive advantage, Moody’s Ratings said.
SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.
