KUALA LUMPUR: Malaysia has been and continues to be a beneficiary of high data centres demand, thanks to Singapore’s spillover and high capital expenditure (capex) totalling US$21.2 billion (US$1=RM4.4665) by big tech firms, said Kenanga Investment Bank Bhd (Kenanga IB). It said Singapore has been the leader with over 1.4
KUALA LUMPUR: Bursa Malaysia extended its bullish momentum for the fourth consecutive day yesterday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst. Among the index component counters, utility stocks led the gainers, bolstered by Tenaga Nasional Bhd’s
KUALA LUMPUR: National wushu queen Tan Cheong Min has set her sights on two New Year resolutions: qualifying for a shot at supremacy in the 2025 Wushu World Championships and Thailand Sea Games. The Melaka-born athlete, with unmatched mastery in the taolu (individual routine) event said however, that it was
KUALA LUMPUR: An Egyptian man pleaded not guilty in the Sessions Court, today, to charges of wrapping a telephone cable around his son’s neck and throwing his daughter onto a bed, last week. The 37-year-old man is accused of abusing his children, a four-year-and-two-month-old son and a one-year-and-six-month-old daughter, resulting
PUTRAJAYA: Two Nigerian nationals pleaded not guilty at the Magistrate’s Court here today to charges of online fraud involving a ‘love scam’ scheme. Omigie Progress Omor, 28, and Chidinma Ukachukwu, 23, entered their plea before Magistrate Ain Nurshahira Sahzan after the charges were read out in English. Both accused were
IPOH: The staff of the Ministry of Housing and Local Government (KPKT) involved in the Christmas celebration at the ministry in Putrajaya recently were mostly Christians. Its minister, Nga Kor Ming said many of those who sang “Jingle Bells” were Kadazans from Sabah apart from employees from Sarawak. He said
IPOH: The Stray Animal Feeders of Malaysia (SAFM) has condemned the killing of a dog with an arrow in Ladang Malaya, Selama, on Dec 22. The dog, named Kutty, was reportedly attacked by a worker simply for wandering into a different lane. “Kutty suffered severe injuries and ultimately succumbed to
KUALA LUMPUR: Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal. The bank said this achievement highlighted its key role in advancing Malaysia’s green economy. “Building
KUALA LUMPUR: Bursa Malaysia sustained its bullish momentum to finish on a firm note yesterday, supported by persistent buying interest amid positive sentiment across the board, said an analyst. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 10.71 points or 0.67 per cent to 1,613.70 compared
By Siti Noor Afera Abu KUALA LUMPUR: The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need. Chief executive officer Eng Sheng Guan highlighted Fiuu’s remarkable growth, with transaction volume
