Category: Business

KUALA LUMPUR, The government will ensure the effective usage of water and electricity in line with the increase in data centre investments into the country. Deputy Investment, Trade and Industry Minister Liew Chin Tong said the effort was to ensure the security of electricity and water supply was controlled and used effectively. He said the National Investment Council had in June agreed with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA) that the improvement of data centre investment acceptance policy should be done based on several factors. “Among them is to provide guidelines

BANGKOK, Businesses and stakeholders in Thailand are encouraged to participate in the Malaysia-China Summit (MCS) 2024 to leverage not only the presence of Malaysian businesses but also the large presence of China’s industries. MCS 2024 commissioner-general Datuk Tan Yew Chong said the summit aims to shape the future trajectory of the regional partnership, tackling significant issues that will drive economic growth, cooperation and development across ASEAN. ‘Understanding the landscapes of Malaysia and China can help Thai businesses navigate and thrive in these markets,’ he told Bernama after the MCS 2024 Networking Engagement Series here Wednesday. He said MCS 2024 covers

GEORGE TOWN, Hong Leong Bank (HLB) celebrated a new chapter with the opening of its iconic Light Street branch, underscoring its commitment to serving customers and communities with a personal touch besides having a robust digital bank platform HLB Connect. HLB personal financial services managing director Andrew Jong said the branch is part of the bank’s strategy to establish a relationship with customers that goes beyond just transactions to include trust and personalised services. ‘We bought it (the building) and have owned it since 2011. We wanted to reinvest in the branch by doing something significant given that it is

BANGKOK, Thai AirAsia X will relocate all of its flight operations to Don Mueang Airport from Suvarnabhumi Airport starting Oct 1, 2024, in support of the government’s plan to establish Thailand as a regional aviation hub. Thai AirAsia X’s chief executive officer, Tassapon Bijleveld, said the airline’s return to Don Mueang Airport is a homecoming. “We will be joining the strong and extensive AirAsia network, which has a domestic market share of over 40 per cent in Thailand and a vibrant international network that encompasses Greater China, India and South Asia, Asean and Japan for a total 93 routes served

KUALA LUMPUR, The Malaysia Technology Expo (MTE) 2024: Sustainable Development Goals International Innovation Awards and Expo (SDG IIAE) will be held virtually from Oct 16 to 18. Organised by PROTEMT Exhibitions and Conferences Sdn Bhd, this prestigious event stands at the forefront of global efforts to foster innovative solutions that advance the United Nations SDGs. ‘Dedicated to recognising and promoting exceptional innovations that contribute to sustainable development across various sectors, including clean energy, water and sanitation, sustainable agriculture and climate action, the expo aims to catalyse partnerships that drive progress towards achieving the SDGs,’ said a statement made available to