10x ?

KUALA LUMPUR: Malaysia is poised to become the largest data centre (DC) hub in the region with about four gigawatt (GW) of inventories projected to come on stream over the next four to five years, said RHB Research.

According to DC Byte, more than 1.0GW of supply is expected to come on stream over the next two years versus the current installed capacity of under 400 megawatts (MW).

About 3.0GW of capacity is in the developmental stages, and will be added progressively over the next three to five years.

RHB Research said potential DC inventory by 2028 would be 10 times more than what it took the industry to build over the last two decades.



This post has been edited by SKY 1809: Oct 3 2024, 06:49 PM

Signs of property melt down ?

GEORGE TOWN: More than RM100bil in properties were sold in Malaysia in the first half of this year, prompting the government to double its initial target.

Housing and Local Government Development Minister Nga Kor Ming said while the ministry aimed to see RM100bil in property sales this year, the National Property Information Centre recorded RM100.5bil between January and June itself.

He said if the trend continued, Malaysia may achieve RM200bil in property sales by the end of this year.

“The spillover effects from data centres can be significant and multifaceted. Although DCs are primarily focused on data storage and processing, it enhances broader socio-economic activities and development,” notes the Investment, Trade and Industry Ministry (Miti) secretary-general Datuk Hairil Yahri Yaacob in a reply to StarBiz 7.

Keegan Ong, tax partner at PwC Malaysia, notes that the connection between electricity usage of DCs and a nation’s GDP is intricate and multi-dimensional.

He believes the presence of DCs can boost sectors such as software development and telecommunications, and will drive innovation and improve overall productivity.

KPMG in Malaysia head of technology consulting Alvin Gan notes the economic benefits of Malaysia’s expanding DC industry is “undeniable”.

“The influx of capital investments not only bolsters local industries but also elevates Malaysia’s standing on the global stage, contributing to GDP growth through heightened productivity and the creation of more lucrative employment opportunities.”

Do not simply buy CBJ properties just because of DC ..

But if u are an investor, many ways/areas could benefit u ...

This post has been edited by SKY 1809: Oct 14 2024, 11:02 AM

Up to u to judge.

I guess u are not an investor in " investments " , so u do not see what we see...

The thoughts, ideas, and neuroses expressed here are entirely yr own issues..



This post has been edited by SKY 1809: Oct 14 2024, 11:32 AM

People hate CBJ automatically hate DC ...

I wonder Interxion DC is AI linked ?

This post has been edited by SKY 1809: Oct 14 2024, 02:42 PM

Some people see DC as some kind of Traffic lights ...look very simple .

But , the spillover effects from data centres can be significant and multifaceted...

And for AI DC, our U need to get involved ...to produce the right people , do R & D and so on

This post has been edited by SKY 1809: Oct 15 2024, 09:37 PM

That simple ?

Why Google still need outsiders to support them ?

U need to outsource many other things to locals to do ..multifaceted...

DneX signed a ‘Google Cloud Partner Advantage’ commercial agreement with Google, authorising it to operate Google Distributed Cloud as a managed provider. DNeX said the agreement allows the company to resell Google’s cloud solutions

In addition to capturing the growing demand for cloud services in Malaysia, DNeX can also extend offerings such as data migration and system integration services

What about AI DC ?

This post has been edited by SKY 1809: Oct 15 2024, 08:23 PM

No need to do marketing too..people just line up to buy from AI DC

No Data Security too.....cutting costs

No need to deal with our Govt people...just report directly to US lah

This post has been edited by SKY 1809: Oct 15 2024, 08:49 PM

So TNB should pay their staff well ...

PM says pay yr staff well , right ?

Create more quality jobs ...n .less low end jobs

Malaysia is likely to transition to a high-income economy between 2024 and 2028, a reflection of the country’s economic transformation development trajectory over past decades. However, further reforms are required to successfully join the ranks of other leading and developed economies, according to a new World Bank report

a) I think u are the one who is out of touch...by simply attached an outdated utube video , then u want the whole world to accept what u claimed to be true . ..Or attack others who disagree with u ,

b) I do not invest in Cyberjaya property.....So yr accusation is totally baseless

c) How bad is job market ? Well , if someone demands for a high pay job, but people think he/she is not really qualifed for the job, then he/she should not blame others. BTW , China has more 50% unemployed graduates . Malaysia I think is much better.

d) Report is from World Bank , it is a vision for Malaysia ,but of course if rich GLC and banks refuse to pay their staff well, then no dreams lah. Or just end up like MAS , blaming Spore airlines for stealing their main teams.

Why Spore needs to steal manpower from Msia, when the unempoyment in Malaysia is so bad ? and our local Bosses say hard to get good people ?

This post has been edited by SKY 1809: Oct 16 2024, 02:42 PM

1) Graduates of universities and vocational and technical colleges accounted for 70% of the unemployed young in 2022 – up from 9% two decades ago.

3 As a percentage of the youth population, those graduates amounted to 47% in 2020.



https://www.theglobalist.com/china-united-s...%25%20in%202020.

BTW, China Govt banned those reports last year or so.

This post has been edited by SKY 1809: Oct 16 2024, 03:36 PM

Well, many experts say it is " watery" ( filtered )

This post has been edited by SKY 1809: Oct 16 2024, 03:40 PM

Hope they do not "flood" our schools n Hospital

deleted

This post has been edited by SKY 1809: Oct 18 2024, 11:50 AM

RM7,000 tax relief a boost for homeownership


KUALA LUMPUR: The government's announcement of tax relief of up to RM7,000 on housing loan interest payments is a proactive step to promote homeownership, said industry players.

Olive Tree Property Consultants chief executive officer Sr Samuel Tan described the announcement as a highlight of 2025 Budget (Belanjawan 2025).

BTW, do not take it as promotion of CBJ properties ...

This post has been edited by SKY 1809: Oct 19 2024, 09:22 AM

Welcome Desapark City ...CBJ

" Smart city in green surrounds

To begin with, visitors to the city will quickly note the absence of the usual hustle, bustle and traffic congestion that folk in other typical cities are compelled to put up with.

Planting ParkCity Group’s signature DNA in Cyberjaya."

This post has been edited by SKY 1809: Oct 19 2024, 02:36 PM

Tax incentives for businesses

Expenses for purchase of computer equipment, software, and consulting fees will be given accelerated capital allowance that can be fully claimed within two years.

Tax deduction for sponsorship of “smart artificial intelligence driven reverse vending machine” will be extended by two years

Stamp duty on loan or financing agreements through the initial exchange offering platform for micro, small and medium enterprises will be exempted fully for two years.

g agreements under Skim Pembiayaan Mikro for amounts up to RM100,000 will be exempted

Income tax exemption equivalent to an investment tax allowance of 60% on qualifying capital expenditure incurred “smart logistics complex” will be provided for five years.

Expenses for capacity building and software incurred by employers for implementing flexible work arrangement will be given a 50% further deduction.

Employers that provide additional paid leave of up to 12 months for staff caring for children or ill or disabled family member will be given a 50% further deduction

Employers who hire women returning to work will be given a 50% further deductions on employment expenses paid for 12 months.
A tax incentives for companies in select services activities which managed to raise exports will be expanded to include firms in integrated circuit design.

This post has been edited by SKY 1809: Oct 19 2024, 06:26 PM