malaysia

Malaysia: Data centre revenue to surge next year

August 19, 2024 | 15:17

Malaysia is expected to rake in 3.6 billion MYR (over 812 million USD) in revenue from the data centre industry next year, up from the 2.09 billion MYR in 2022 as the rapid growth of data centres, particularly in the Klang Valley and Johor state, is creating new jobs and boosting the development of its manufacturing sector.

Malaysia loses 700 million USD due to online scams

August 14, 2024 | 16:32

Malaysia lost a total of 3.18 billion RM (700 million USD) due to online scams that involved more than 95,800 victims between 2021 and April 2024, said Malaysian Digital Minister Gobind Singh Deo.

Trading possibilities expand with Malaysia

July 16, 2024 | 10:51

Vietnam and Malaysia are working to amplify their trade, backed by the latter’s investment increase into the former.

Malaysia seizes 106 illegal e-waste containers

June 28, 2024 | 16:53

The Malaysian government seized 106 containers filled with e-waste between March 21 and June 19 this year, and successfully dismantled a major illegal waste import syndicate in the country.

Malaysia arrests eight terror suspects over IS links

June 25, 2024 | 17:24

Malaysia’s Home Affairs Minister Saifuddin Nasution Ismail on June 24 said that the Royal Malaysia Police (PDRM) arrested eight people with suspected links to the Islamic State (IS) group who were purportedly planning attracks against the King and the Prime Minister.

Over 50 pc of Malaysia’s marine park reefs affected by bleaching

June 25, 2024 | 16:57

More than 50 per cent of the coral reefs in Malaysia's marine parks have been affected by mass bleaching caused by rising sea temperatures, the country's Department of Fisheries said in its announcement following a study conducted between April and June.

Malaysia, China sign deals on economic, trade cooperation

June 19, 2024 | 16:57

Malaysia and China signed a slew of deals on June 19 renewing a five-year economic co-operation pact and allowing export of fresh durians, during a visit by Chinese Premier Li Qiang to mark 50 years of diplomatic ties, according to Reuters.

Malaysia, Singapore expected to become global hi-tech hubs

June 18, 2024 | 15:50

The Malaysia-Singapore Special Economic Zone and the proposed Johor-Singapore Rapid Transit System (RTS) that will be finalised by both countries can have a positive impact on the relationship between the two neighbours, said economic analyst Dr. Oh Ei Sun.

Malaysia plans to build first smart AI container port

June 17, 2024 | 15:24

In an effort to capture logistics demand due to changes in global supply chains, Malaysia is planning to build a new container port along the west coast of the Malay Peninsula facing the Strait of Malacca, which was one of the busiest sea route in the world.

Malaysia eyes developing ecosystem based on hydrogen energy by 2030

June 05, 2024 | 15:41

The implementation of Malaysia’s Hydrogen Economy and Technology Roadmap (HETR) is expected to generate income of up to 12.1 billion MYR (2.5 billion USD), with an estimated contribution of between 49-61 billion MYR to the country’s Gross Domestic Product by 2030, according to Minister of Science, Technology and Innovation Chang Lih Kang.

Malaysian automobile industry sees new milestone

June 03, 2024 | 14:51

The Malaysia Autoshow 2024 has concluded with original equipment manufacturer (OEM) reporting a total of 1.4 billion RM (about 294.4 million USD) potential sales, 2,620 bookings of vehicles, and 13,799 sales leads - marking a significant milestone for the automotive industry.