Data centres in Selangor and Johor consumed a fraction of the water they requested last year, with the government saying revenue from the centres is sufficient to safeguard the water supply system.
The Transport Ministry said it has commenced a feasibility study on the proposed Trans Borneo Railway project to assess the potential development of a rail network across Sabah and Sarawak.
Rapid Synergy Bhd (KL:RAPID) said on Friday it is selling its Teluk Intan commercial property, Rapid Mall Seri Intan & Giant, to Lotuss Stores (Malaysia) Sdn Bhd for RM41 million.
Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.
Data centres across Malaysia are currently consuming less than half of their declared electricity demand, which could create the risk of stranded assets, the government flagged.
Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.
Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.
The tender process for the package is currently in the final stage of technical and financial evaluation.
Transport Minister Anthony Loke Siew Fook has reiterated that there will be no compromise in enforcing laws against overloaded lorries, despite appeals from industry groups for leniency due to higher operating costs.
The Ministry of Housing and Local Government is reviewing the Housing Development (Control and Licensing) Act 1966 to impose stricter actions on blacklisted developers for abandoned housing projects, including possible travel bans for their directors.
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