May 2024

Google commits RM9.4bil for Google data centre and cloud region in Malaysia

Thursday, 30 May 2024 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 Investment, Trade and Industry (Miti). The project, the technology giant's largest planned investment in Malaysia, will...

Ewein to acquire rackform company for RM32 mil

The group said RM16 million of the purchase price will be satisfied via the issuance of 17.98 million Ewein shares at 89 sen per share, while the remaining RM15.99 million is to be satisfied in cash. May 16, 2024 KUALA LUMPUR (May 15): Penang-based property developer Ewein Bhd (KL:EWEIN) is acquiring a company involved in the manufacturing of racking systems and machinery for about RM32...

Kerjaya Prospek Property to jointly develop Penang plot with Aspen group

KUALA LUMPUR (May 9): Property developer Kerjaya Prospek Property Bhd (KL:KPPROP) will jointly develop a piece of freehold land in Aspen Vision City, Batu Kawan, Penang into a mixed development that will include a hotel and serviced apartments. The land, which measures 221,198 sq feet and has a net book value of RM25.1 million, will be developed by a 70:30 special purpose vehicle (SPV) owned...

Penang Street Food Fest in Bangkok a huge hit with food lovers

04 May 2024 BANGKOK (Bernama): The one-day Penang Street Food Festival 2024 held in Bangkok here on Saturday serves as a platform for Malaysian entrepreneurs in Thailand to expand their business. Malaysian ambassador to Thailand, Datuk Jojie Samuel, said there are many Malaysian entrepreneurs in Thailand, especially in the food and beverage industry, who operate small restaurants. "Besides...

All eyes on new digital park

Sunday, 05 May 2024 First phase slated for completion by year-end GEORGE TOWN: Penang can soon boast of an Integrated Circuit (IC) Design and Digital Park by year-end. Chief Minister Chow Kon Yeow said the two-phase project in Bayan Lepas would be fully completed by 2027. It will further solidify Penang’s position as a preferred investment destination for businesses and entrepreneurs, he...

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