Investments

Maybank Invest ASEAN: Brighter outlook for key ASEAN markets, spurred by AI boom, supply chain migration & green transition

According to Maybank IBG Research, the broadening global electronics demand, spurred by the AI boom, has supported a modest economic recovery in the first half of 2024 and is brightening the second half outlook for the ASEAN-6 markets (Malaysia, Singapore, Thailand,Indonesia, Vietnam and the Philippines).

[BEYOND Expo 2024] Global Investment Summit explores future of investment with David Beckham’s special session

This event drew global investment leaders to Macao to delve into key themes reshaping the future of investment amidst today’s complex financial landscape. The summit highlighted the significant influence of investment and innovation on the future, positioning itself as a pivotal platform for groundbreaking discussions and collaborations.

BEYOND WEEK 2024 | ORIGIN: Asia Tech Conference – Unleashing Potential, Reimagine Future

ORIGIN: Asia Tech Conference was held in Macao this year as part of the BEYOND Week partner event. This year’s theme is ‘Unleashing Potential, Reimagine Future’.

Singapore’s GIC bets on Latin American infrastructure companies, targets smaller tech firms – report

GIC Pte Ltd, Singapore's sovereign wealth funds, is making an outsized bet on Latin American infrastructure, while targeting smaller technology companies in the region

Malaysia introduces incentives to lure global unicorns – report

Earlier on Monday, Prime Minister Anwar Ibrahim launched the KL20 Action Plan paper in conjunction with the inaugural KL20 Summit 2024.

Nvidia, Indosat plan $200M AI centre investment in Indonesia – report

Nvidia and Indonesia's telco PT Indosat Ooredoo Hutchison plan to build an AI center in Central Java in 2024, worth $200 million.

B Capital sees opportunities in late-stage growth investing despite fundraising woes [Q&A]

In the interview, B Capital General Partner Sami Ahmad also shared B Capital's strategy and plans for the latest fund, among others. 

Malaysia to introduce new tax incentive for digital status companies – report

MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in the form of investment tax allowance incentives, the report added.

Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding

WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.