Johor leads data centre investment, 42 projects worth RM164.45b approved as of 2Q
Johor Menteri Besar Datuk Onn Hafiz Ghazi said these projects are expected to create over 6,000 quality job opportunities and contribute 78.6 per cent of the country's operational IT capacity.
He also stated that Johor is targeting to house six per cent of Malaysia's data centre capacity by the year 2030. 'In line with this development, the state government aspires to position Johor as a leader in artificial intelligence (AI) and the nation's digital economy. This will be achieved through the integration of smart technologies in public services, enhancing the competitiveness of industries, and building an inclusive and sustainable digital ecosystem so that the benefits of technology can be enjoyed by all levels of society,' he said in a Facebook post.
He added that the combination of large-scale data centre infrastructure, advances in AI technology, and progressive government policies will further position Johor as a potential regional digital innovation hub.
'This initiative will not only drive economic growth but also improve the quality of life for the people of Johor through high-skilled job opportunities, the development of new industries, and smart solutions to everyday challenges,' he said.
In the same post, Onn Hafiz also shared that he met with Digital Minister Gobind Singh Deo to discuss the direction of the state's digital development at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur today. He said the meeting served as an important platform to strengthen Johor's role in the Data Centre Task Force (DCTF) and ensure that data centre development is carried out comprehensively, sustainably, and with real impact for the people. –BERNAMA
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
24 minutes ago
- The Star
Ringgit opens lower vs greenback
KUALA LUMPUR: The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement later today and a stronger US dollar. At 8 am, the local note depreciated to 4.2100/2210 from Thursday's close of 4.2090/2145. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar received a boost last night as the inflation rate at the producer's level was rising at a fast clip. "Apart from that, those who applied for unemployment benefits fell last week, which gave the impression that the labour market was still healthy,' he told Bernama. He noted that the July US Producer Price Index (PPI) rose 3.3 per cent year-on-year, beating the 2.5 per cent forecast, while core PPI climbed to 3.7 per cent versus 2.9 per cent, and the US Initial Jobless Claims came in slightly lower at 224,000 against 225,000 estimates. "Following this, the US Dollar Index (DXY) rose 0.42 per cent to 98.254 points as traders pared their bets on an interest rate cut by the US Federal Reserve (Fed) in the next Federal Open Market Committee meeting,' he added. On the local front, Mohd Afzanizam said the ringgit is expected to range between 4.21 and 4.23 against the US dollar today, as the temptation to lock in profits amid uncertainties over the US Fed decision was quite overwhelming. "The USD-MYR was quite volatile yesterday. It reached RM4.1858 during the morning session but weakened later to RM4.2118. "It appears that RM4.20 is the psychological level and the USD-MYR did pierce such a level momentarily,' he added. At the opening today, the ringgit ended higher against major currencies. It gained against the euro to 4.9047/9175 from 4.9170/9234 on Thursday's close, rose versus the Japanese yen to 2.8502/8578 from 2.8703/8742 and improved vis-a-vis the British pound to 5.6953/7102 from 5.7146/7220 yesterday. The ringgit traded mixed against regional peers. It strengthened versus the Singapore dollar to 3.2775/2866 from 3.2849/2895 at yesterday's close and increased versus the Thai baht to 12.9646/13.0069 from 13.0004/0238. However, the local note inched down against the Indonesian rupiah to 261.2/262.0 from 261.1/261.6 and was almost flat versus the Philippine peso at 7.39/7.42 from 7.39/7.41. - Bernama
New Straits Times
24 minutes ago
- New Straits Times
Ringgit opens lower versus greenback
KUALA LUMPUR: The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement later today and a stronger US dollar. At 8am, the local note depreciated to 4.2100/2210 from Thursday's close of 4.2090/2145. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar received a boost last night as the inflation rate at the producer's level was rising at a fast clip. "Apart from that, those who applied for unemployment benefits fell last week, which gave the impression that the labour market was still healthy," he told Bernama. He noted that the July US Producer Price Index (PPI) rose 3.3 per cent year-on-year, beating the 2.5 per cent forecast, while core PPI climbed to 3.7 per cent versus 2.9 per cent, and the US Initial Jobless Claims came in slightly lower at 224,000 against 225,000 estimates. "Following this, the US Dollar Index (DXY) rose 0.42 per cent to 98.254 points as traders pared their bets on an interest rate cut by the US Federal Reserve (Fed) in the next Federal Open Market Committee meeting," he added. On the local front, Mohd Afzanizam said the ringgit is expected to range between 4.21 and 4.23 against the US dollar today, as the temptation to lock in profits amid uncertainties over the US Fed decision was quite overwhelming. "The USD-MYR was quite volatile yesterday. It reached RM4.1858 during the morning session but weakened later to RM4.2118. "It appears that RM4.20 is the psychological level and the USD-MYR did pierce such a level momentarily," he added. At the opening today, the ringgit ended higher against major currencies. It gained against the euro to 4.9047/9175 from 4.9170/9234 on Thursday's close, rose versus the Japanese yen to 2.8502/8578 from 2.8703/8742 and improved vis-a-vis the British pound to 5.6953/7102 from 5.7146/7220 yesterday. The ringgit traded mixed against regional peers. It strengthened versus the Singapore dollar to 3.2775/2866 from 3.2849/2895 at yesterday's close and increased versus the Thai baht to 12.9646/13.0069 from 13.0004/0238. However, the local note inched down against the Indonesian rupiah to 261.2/262.0 from 261.1/261.6 and was almost flat versus the Philippine peso at 7.39/7.42 from 7.39/7.41.
Malay Mail
24 minutes ago
- Malay Mail
Ringgit slips against US dollar ahead of Q2 GDP data, stronger greenback
KUALA LUMPUR, Aug 15 — The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement later today and a stronger US dollar. At 8am, the local note depreciated to 4.2100/2210 from Thursday's close of 4.2090/2145. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar received a boost last night as the inflation rate at the producer's level was rising at a fast clip. 'Apart from that, those who applied for unemployment benefits fell last week, which gave the impression that the labour market was still healthy,' he told Bernama. He noted that the July US Producer Price Index (PPI) rose 3.3 per cent year-on-year, beating the 2.5 per cent forecast, while core PPI climbed to 3.7 per cent versus 2.9 per cent, and the US Initial Jobless Claims came in slightly lower at 224,000 against 225,000 estimates. 'Following this, the US Dollar Index (DXY) rose 0.42 per cent to 98.254 points as traders pared their bets on an interest rate cut by the US Federal Reserve (Fed) in the next Federal Open Market Committee meeting,' he added. On the local front, Mohd Afzanizam said the ringgit is expected to range between 4.21 and 4.23 against the US dollar today, as the temptation to lock in profits amid uncertainties over the US Fed decision was quite overwhelming. 'The USD-MYR was quite volatile yesterday. It reached RM4.1858 during the morning session but weakened later to RM4.2118. 'It appears that RM4.20 is the psychological level and the USD-MYR did pierce such a level momentarily,' he added. At the opening today, the ringgit ended higher against major currencies. It gained against the euro to 4.9047/9175 from 4.9170/9234 on Thursday's close, rose versus the Japanese yen to 2.8502/8578 from 2.8703/8742 and improved vis-a-vis the British pound to 5.6953/7102 from 5.7146/7220 yesterday. The ringgit traded mixed against regional peers. It strengthened versus the Singapore dollar to 3.2775/2866 from 3.2849/2895 at yesterday's close and increased versus the Thai baht to 12.9646/13.0069 from 13.0004/0238. However, the local note inched down against the Indonesian rupiah to 261.2/262.0 from 261.1/261.6 and was almost flat versus the Philippine peso at 7.39/7.42 from 7.39/7.41. — Bernama
