Investments

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.

BEYOND Expo & Asian Family Legacy Foundation to co-host exclusive Wealth Summit on May 24, 2024, part Of BEYOND Expo 2024

Over 200 LPs, including more than 150 family offices from across 30 countries, set to attend, aiming for collaboration with international partners.

Malaysia’s Khazanah in talks to lead Softbank-backed OYO Hotel’s $400M fund raise – report

Talks are still ongoing and Khazanah can still decide to not invest, Bloomberg reported.

Malaysia to appoint PNB chief to lead country’s largest pension fund EPF – Reuters

EPF invests in a number of approved financial instruments which include Malaysian Government Securities and Equivalent; equities; loans and bonds; money market instruments; and real estate and infrastructure.

Four top investment themes for growth & income opportunities in Asia according to HSBC

“We see promising secular growth opportunities in India and ASEAN, riding on the structural tailwinds from strong foreign and domestic private investments, young demographics, the technology boom, and green transformation," James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and Wealth, HSBC said.

HSBC: Malaysia to benefit from the green shoots of recovery from global electronic cycle

“Malaysia’s economy should remain healthy this year powered by resilient consumer and investment spending. The positive fillip for Malaysia’s economy will come from the nascent recovery of the global electronic cycle and the resumption of global tourism travel,” James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and…

South Korea maps out $470B plan to build chipmaking hub – report

The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.