Via Nikkei Asia, a look at how a stalled Malaysian project near an economic zone with Singapore woos family offices with tax perks: As Malaysia prepares to develop an economic zone with Singapore here in a bid to revitalize the region, it also hopes to breathe new life into a struggling decade-old urban development project […]
Read more »Via Nikkei Asia, a look at Southeast Asia’s efforts to position itself as a neutral trade hub in a divided world: Southeast Asia is rapidly expanding its global trade by pursuing diplomatic neutrality and engaging with various economies in conflict over political and economic issues. The region’s external trade is projected to rise by $1.2 […]
Read more »Via The Diplomat, a report on the massive ramp-up in Malaysian data centers which is attracting foreign investment, but infrastructure challenges persists: Due to the ongoing China-U.S. geopolitical tensions, many Chinese big tech companies have looked to expand their digital infrastructure in Southeast Asia given its proximity and relatively affordable land and resources. Johor Bahru, […]
Read more »Via The Economist, a report on how – amidst an explosive data and AI boom – the superpower contest is heating up: Nusajaya Tech Park looks like a normal construction project. Cranes and building materials sit scattered around this industrial site in Johor, Malaysia, located just 15km from the border with Singapore. But appearances are deceptive. […]
Read more »Via the Wall Street Journal, a report on how Blackstone and TikTok’s parent are among those investing in data centers in Malaysia’s Johor, known for palm-oil plantations: Gary Goh was the chief executive of a publicly listed property developer three years ago when prospective clients started asking whether his company had land for data centers. Goh […]
Read more »Via Morningstar, a report on Oracle’s Malaysian investment plans: Oracle Corp. plans to invest more than $6.5 billion to establish a public cloud region in Malaysia, aiming to meet the country’s growing demand for artificial intelligence and cloud services. The investment will allow Malaysian businesses to leverage AI infrastructure and services, and migrate mission-critical workloads […]
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