The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power tariffs kicked in on Tuesday, industry players said, clouding prospects for …
RON97, diesel prices down three sen in Peninsular Malaysia
The retail prices of RON97 petrol and diesel in Peninsular Malaysia have been reduced by three sen, now set at RM3.18 and RM2.85 per litre respectively, for July 3 to 9.
Alliance Bank launches Malaysia’s first SME business pitch film to inspire entrepreneurial resilience
Streaming exclusively on iQIYI from July 18, the film highlights the real-life journeys of 13 entrepreneurs from the 2024 BizSmart® Challenge: Accelerator Edition.
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
SINGAPORE (Reuters) -Port operator MMC Port Holdings moved closer to what could be Malaysia’s biggest IPO in 13 years by lodging a draft prospectus with the securities regulator, the regulator’s …
Alibaba Cloud announces new data centres in Malaysia, the Philippines
Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba Group, announced the opening of its third data center in Malaysia on Tuesday and disclosed plans to launch a second data center in …
Alibaba Expands AI Cloud Services in Malaysia, Philippines
Alibaba Group Holding Ltd. is adding new data centers in Malaysia and the Philippines in pursuit of AI-driven growth.
Malaysia’s data centers threatened by high power costs
Data centres in Malaysia may be reassessing costs after a spike in power tariffs started on Tuesday, 1st July.
China’s answer to Starbucks launches first stores in US
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 locations across Singapore, Malaysia and China, where it unseated …
Malaysia’s Central Bank Says Ringgit Is Market-Determined
Bank Negara Malaysia said the ringgit’s exchange rate is market-determined and that the central bank’s derivative positions are used to manage liquidity conditions.
An American couple sold their house in California and retired in Malaysia. They love ‘not owning anything.’
“We hadn’t really thought a lot about it before, but then one of the places that was listed as very popular and very affordable was Penang in Malaysia.”They were familiar with the Southeast Asian …