Analysis

RHB Investment Bank is turning cautious on Malaysia's data center (DC) as the US artificial intelligence diffusion (USAID) rules present a structural risk to the multi-year growth story.

MIDF Research said Monday that the fear over the United States' artificial intelligence (AI) chip export curbs on Malaysia's data center development may have been overblown.

The enhancements to the Corporate Renewable Energy Supply Scheme (CRESS) is expected to boost Malaysia's renewable energy (RE) sector despite challenges remain, Affin Hwang Investment Bank said last Friday.

Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.

The Southeast Asia (SEA) Monthly Funding Tracker for December 2024 highlights some recovery in funding activity. Total funding amounted to $211 million across 16 rounds, marking a surge of 143.37 percent compared to November 2024 and a 44.33 percent decline from December 2023.

TA Securities has estimated that Malaysia's carbon capture technologies could attract over $10 billion in capital expenditures by 2030, in line with the government's National Energy Transition Roadmap (NETR) target of 40-80 million tons per annum (MTPA).

Kenanga Research said Monday that rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in Malaysia, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.

MIDF Research has foreseen artificial intelligence (AI) and electric vehicle (EV) as bright spots in Malaysia's tech sector next year.

Maybank Investment Bank has a positive view on Thailand’s tech-service companies thanks to 38 percent FY25 estimated core profit growth for the sector, as compared to a 6 percent decline in FY24.

Hong Leong Investment Bank Research has foreseen energy transition to gain pace in Malaysia next year amidst a data center boom.