Infrastructure and engineering company Jati Tinggi Group Bhd has won the tender for a RM25.5 million contract from Tenaga Nasional Bhd (TNB) to lay underground double-circuit cables for a data centre in Selangor.

Jati Tinggi secured the project via its wholly owned Jati Tinggi Holding Sdn Bhd.

Jati Tinggi bags RM25.5 mil job from TNB to lay cables for data centre

The government is open to considering applications for foreign workers, specifically for the oil palm plantation sector, Home Minister Datuk Seri Saifuddin Nasution Ismail said.

Govt to consider opening foreign worker applications for oil palm sector — home minister

Malaysia as the chair of Asean in 2025 is committed to fostering even closer integration within Asean, deepening trade, economic and energy integration within the region and with the rest of the world.

Prime Minister Datuk Seri Anwar Ibrahim said a prime example is the Johor-Singapore Special Economic Zone (JS-SEZ), which is set to unlock the Johor region’s talent potential while leveraging its proximity to Singapore to attract investments and create high-value economic opportunities.

Johor-Singapore SEZ, bringing Asean closer — Anwar

Universiti Utara Malaysia lecturer Dr Kamarul Zaman Yusoff told the High Court on Thursday that he is aware that the book, Becoming Hannah: A Personal Journey by Youth and Sports Minister Hannah Yeoh, has been vetted by the National Library of Malaysia and is not categorised as a religious book.

Kamarul Zaman said this when questioned by lawyer Sangeet Kaur Deo, representing Hannah, at the trial of a defamation suit filed by the minister over two Facebook posts he made in May 2017.

'Becoming Hannah' vetted by National Library, not a religious book — court heard

Singapore’s government is “not averse” to implementing more property cooling measures if needed, The Straits Times newspaper reported, citing Minister for National Development Desmond Lee.

Singapore ‘not averse’ to more property cooling measures, Straits Times reports

BP plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, chief executive officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

BP set to eliminate 7,700 roles in turnaround plan, CEO says

Frozen seafood products exporter SBH Marine Holdings Bhd (KL:SBH) has acquired a 7.228-acre vacant industrial land in Penang for RM18.9 million, to build its new corporate office.

SBH Marine buys land in Penang for new corporate office

A former Datuk Bandar was among four individuals detained on Wednesday and Thursday under Op Ragada to assist in the investigation of a money laundering case involving a broadcasting company in Kuching, Sarawak.

Inspector-General of Police Tan Sri Razarudin Husain said the arrests also involved two women, who are the company's managing director and former general manager, respectively, as well as a man, all aged between 53 and 71.

Former mayor among four individuals arrested under Op Ragada — IGP

Regional airline SKS Airways Sdn Bhd, recently renamed True Air Sdn Bhd, has announced that it will discontinue its operations — the second homegrown airline to have ceased operations post the Covid-19 pandemic. Budget carrier MYAirline Sdn Bhd had suspended its operations in October 2023 due to financial pressures.

SKS Airways ceases operations after two years

The US Commerce Department and FBI are both investigating a little-known telecoms hardware firm founded by senior Huawei veterans in China more than a decade ago over possible security risks, sources and documents show.

Chinese tech firm founded by Huawei veterans in FBI's crosshairs

The High Court on Thursday approved a pension increase for retirees, based on their final salary according to the 2016 Public Services Department circular, effective January 2022.

High Court rules in favour of pensioners, govt ordered to pay arrears within three months

Malaysian construction stocks fell sharply on Thursday for the sixth straight day amid concerns over data centres being built as the US further tightens restrictions on advanced semiconductor exports.

Construction stocks extend decline sharply as SunCon falls over 10%

Data centre-related stocks and proxies to artificial intelligence (AI) on Bursa Malaysia have fallen sharply of late, but analysts caution against buying the dip too soon.

Data centre-related stocks, AI proxies lower; experts warn against early bottom fishing

Investment management firm Vertical Theme Sdn Bhd is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd (KL:ABMB), according to people familiar with the development.

Alliance Bank’s top shareholder Vertical Theme mulling sale to DBS, Bloomberg reports

WASHINGTON/SINGAPORE (Jan 15): The Biden administration added more than two dozen Chinese entities to a US&nbsp;restricted trade list on Wednesday, including Zhipu&nbsp;AI, a&nbsp;developer&nbsp;of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence (AI) processor.

US blacklists Chinese companies over TSMC chips in Huawei processor

CBH Engineering Holding Bhd (KL:CBHB) ended its first day on the ACE Market nearly 20% higher following strong demand during the engineering services firm’s initial public offering (IPO).

CBH Engineering ends nearly 20% higher on maiden trading day

Eastern &amp; Oriental Bhd (KL:E&amp;O), Malaysia’s premier lifestyle developer, has launched Maris, a RM700 million waterfront residence located in the Gurney Green district on Andaman Island, Penang.

E&O unveils RM700m Maris waterfront development in Penang

KUALA LUMPUR (Jan 16): Malaysia’s tourism industry upcycle has started ahead of Visit Malaysia Year 2026, and could bolster share prices of related companies in the next two years, said Maybank Investment Bank (Maybank IB).

Malaysia’s tourism upcycle has begun, some related stocks could gain — Maybank IB

Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated YTL Brabazon New Town in Bristol, a development poised to become the most sustainable new town in the UK.

Anwar launches UK’s most sustainable new town in Bristol by YTL

The potential implementation of export limitations by the US government on artificial intelligence (AI) chips is not expected to impact the operations of existing data centres in Malaysia, according to deputy minister of investment, trade and industry (Miti) Liew Chin Tong.

Malaysia's data centres unaffected by US AI chip export restrictions, says deputy Miti minister

Regional airline SKS Airways Sdn Bhd, recently renamed True Air Sdn Bhd, has announced that it will discontinue its operations — the second homegrown airline to have ceased operations post the Covid-19 pandemic. Budget carrier MYAirline Sdn Bhd had suspended its operations in October 2023 due to financial pressures.

The government has announced enhancements to the Corporate Renewable Energy Supply Scheme (CRESS), opening third-party electricity grid access to existing power consumers and maintaining system access charges (SAC) at current rates for three years.

Grid third-party access open to existing power consumers, wheeling charges maintained until 2027 — Energy Ministry

Former prime minister Tan Sri Muhyiddin Yassin will have all of his Jana Wibawa charges tried in one court instead of two separate courts.

Muhyiddin’s seven Jana Wibawa charges to be heard in one court

Petroliam Nasional Bhd (Petronas) appears to have retained the lucrative natural gas exports business, while Sarawak will control the domestic gas aggregation in the state, Kenanga Investment Bank said.

Petronas' spending cuts likely less than feared as S'wak gas exports business intact, says Kenanga as O&G services stocks rally

Despite incoming US President Donald Trump's pledge to impose sweeping 60% tariffs on all Chinese imports, the implementation is likely to be far less drastic, according to Affin Bank’s chief economist Alan Tan Chew Leong. &nbsp;

Impact of Trump's proposed tariffs on Chinese imports likely to be less severe than feared for region — Affin Bank

Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.&nbsp;

Short seller Nate Anderson says he’s disbanding Hindenburg

Former prime minister Datuk Seri Najib Razak said that he was using Low Taek Jho (Jho Low)&nbsp;for his international connections, and denied that the now-fugitive was carrying out his bidding&nbsp;to misappropriate funds from troubled 1Malaysia Development Bhd (1MDB).

Najib says he was using Jho Low's international connections, not to misappropriate 1MDB funds

Former prime minister Datuk Seri Najib Razak said that he wished former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Mohd Bakke Salleh had seen him in person before his resignation from the strategic development firm.

1MDB-Tanore: Najib regrets Bakke didn't meet him personally before resignation

The construction sector is expected to see another decent year in 2025, after domestic contract awards hit a new record last year,&nbsp;according to Hong Leong Investment Bank (HLIB) Research.

Construction to see another decent year after record domestic contracts in 2024 — HLIB

Hextar Industries Bhd (KL:HEXIND) announced the soft opening of five Luckin Coffee outlets by the end of January 2025.

Arpan Chaturvedi & Rupam Jain

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