News
Maybank expects ASEAN data center market to reach $11 billion per year till 2028
Maybank Investment Bank said Tuesday that it expects data center demand in ASEAN to increase at 20 percent compound annual growth rate (CAGR) and a potential data center total addressable market (TAM) of $11 billion per year till 2028.
Singtel & Ericsson first globally to commercially deploy new 5G technology for dynamic network resource allocation
The new connectivity solution was used by spectators at the 2024 Singapore Grand Prix Formula 1.
Securities Commission Malaysia outlines family office incentive
The Securities Commission Malaysia (SC) has on Monday outlined the conditions for the new family office incentive scheme announced by Malaysian government recently that is aimed at enhancing investment landscape in Malaysia.
Intel receives multibillion-dollar Apollo offer as Qualcomm circles – report
The investment could provide the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc, the report said.
Forest City to be the first location in Malaysia to offer a 0% tax rate for family offices
Forest City, the $100 billion project located in Southern region of Malaysia which is backed by Chinese developer Country Garden Holdings, will be the first location in Malaysia to offer a 0 percent tax rate for Family Offices, Malaysia's Finance Minister II Amir Hamzah Azizan said on last Friday.
AirAsia partners Airbus to accelerate aviation sustainability
Malaysia-based Capital A's low-cost airline AirAsia has announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives that lower carbon emissions in the ASEAN region.
EnterpriseSG partners Google Cloud to help startups and SMEs in Singapore accelerate AI adoption and innovation
Enterprise Singapore (EnterpriseSG) and Google Cloud have announced joint initiatives aimed at accelerating artificial intelligence (AI) adoption and innovation for organizations in Singapore.
MDEC launches investor matching program
The Investor Matching Program is supported by prominent funds managing billions in assets, including Vertex Ventures, Granite Asia, 500 SEA, Eurazeo, Nordstar, Gobi Partners and many others.
Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.
INA partners AllianzGI to deploy up to $200M annually into hybrid capital solutions opportunities in Indonesia
Indonesia Investment Authority (INA) and Allianz Global Investors (AllianzGI) will aim to deploy up to $200 million annually into hybrid capital solutions opportunities, which serve as customized credit solutions for Indonesian businesses.
