Kuala Lumpur, July 3 -- Malaysia's data centre sector is projected to grow at a 22% CAGR from 2023 to 2029 due to cost competitiveness, skilled workforce, and a robust digital ecosystem, according to a report by ARC Group, a global investment bank. Data centres in Malaysia are reassessing their operation costs after a spike in power tariffs. The new tariff introduced last December will take effect today, July 1, increasing operational costs for data centres and charges on network capacity. Samuel Tan, founder and CEO of Olive Tree Property Consultants, revealed that Corporate Renewable Energy Supply Scheme policies aim to prevent such effects. However, the overall effect would still increase data centre operational costs. From July 1, 2025 ...