Microsoft is investing US$2.2bil (RM10.47bil) over the next four years in Malaysia’s new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said May 2. It marks...

KUALA LUMPUR: Google will invest RM9.4bil (US$2bil) to house its first Google data centre and Google Cloud region in Malaysia, which is expected to support 26,500 jobs across various sectors and have an economic impact of about RM15.04bil, said the Ministry of...

Malaysia aims to move beyond the packaging and testing industry into the chip design sector along the semiconductor supply chain by announcing Southeast Asia's largest IC design park. According to reports from The Edge Malaysia, Malay Mail, AFP, and Channel News Asia,...

The man-made Silicon Island project off the Penang island’s southern coast is expected to create 220,000 new job opportunities in the next 30 years, says Zairil Khir Johari. The Penang infrastructure and transport committee chairman said the project would also...

Eco World Development Group Bhd (KL:ECOWLD) said it plans to sell a 123.14-acre industrial land in Iskandar Malaysia, Johor to a company providing data centre services, for RM402.3 million or RM75 per sq ft. The group said it had acquired the land — which forms part...

KUALA LUMPUR (June 16): The new Cyberjaya Master Plan will focus on forming a holistic technology ecosystem comprising commercial and digital activities. According to Cyberview Sdn Bhd managing director Mohd Najib Ibrahim, the master plan envisions Cyberjaya as being...

MELAKA: The property market here is stable despite the adverse impact of Covid-19, according to the Real Estate and Housing Developers Association (Redha). Its Melaka chapter chairman Datuk Seri Ngoh King Hua said properties in the state were still considered...

THE Selangor government is deferring land premium payments for notices which expired between Jan 1 and June 9. In a statement, Selangor Mentri Besar Datuk Seri Amirudin Shari said the deadline has been extended to Sept 30.   “For those with 5A and 7G notices that have...

As a greater number of foreigners choose to settle down in Malaysia, whether for work or to retire, the question of where money is best spent on property looms large. It is easy to see why foreigners are increasingly choosing to settle down in Malaysia. As gloomy...

GEORGE TOWN: Penang has lowered the threshold for foreigners to buy property by reducing the ceiling prices for foreign purchases by up to 40%. The decision is part of efforts to arrest the overhang in the market due to the Covid-19 pandemic. State executive...