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Anwar Ibrahim Unveils Plans to Position Malaysia as a Leader in Semiconductor Industry and Islamic Finance

To position Malaysia as a leader in the semiconductor sector and Islamic finance, Malaysian Prime Minister Anwar Ibrahim unveiled measures to maximise

To position Malaysia as a leader in the semiconductor sector and Islamic finance, Malaysian Prime Minister Anwar Ibrahim unveiled measures to maximise the nations advantageous location as a conduit for energy diversification and supply chains. Speaking at an economic symposium, he emphasised Malaysias remarkable economic recovery, fuelled by significant investments in AI infrastructure and renewable energy, which have drawn international investors in the face of regional political and economic unrest. Anwar stated objectives for 2025 to strengthen Malaysias position in talent, supply chain diversity, and electricity, and he voiced confidence in the countrys stable inflation, currency, and stock market performance. The government aims to invest at least 500 billion ringgit $107 billion in its semiconductor industry to strengthen its status as a worldwide hub. Read More..

B2B Tech News | 9 days ago        

Zelenskiy and Sandu Discuss Ukrainian Coal to Mitigate Energy Crisis in Transdniestria

Moldovan President Maia Sandu and Ukrainian President Volodymyr Zelenskiy have talked about using Ukrainian coal to help with the energy crisis that i

Moldovan President Maia Sandu and Ukrainian President Volodymyr Zelenskiy have talked about using Ukrainian coal to help with the energy crisis that is hurting Transdniestria, a breakaway territory of Moldova that is suffering from heating shortages and blackouts. Zelenskiy offered help, including coal supply, after Ukraine blocked the transport of Russian gas across its territory, escalating the crisis. Both leaders committed to identifying shared solutions to avoid a growing humanitarian scenario and stressed the importance of alternate energy sources. A thermal plant that supplies the governmentcontrolled regions of Moldova and Transdniestria could continue operating using Ukrainian coal. Meanwhile, both countries prioritise continuing EU membership talks despite geopolitical difficulties with Russia. Read More..

B2B Tech News | 9 days ago        

Azul Set to Sign Memorandum of Understanding for Merger with Gol’s Parent Company Abra Group

According to Valour Economico, Brazilian airline Azul is expected to sign a memorandum of understanding with Gols parent firm, Abra Group, about a pos

According to Valour Economico, Brazilian airline Azul is expected to sign a memorandum of understanding with Gols parent firm, Abra Group, about a possible merger between the two carriers in the upcoming weeks. In addition to outlining the mergers goals, the memorandum will cover topics like capital structure, governance, and several transaction structuring possibilities. Both airlines had established a codeshare arrangement in May, and Azul has been in talks with Abra Group to explore potential. The completion of Gols Chapter 11 bankruptcy procedures, anticipated to end in April, is a critical component of the merger talks. Gol and Azul have refrained from commenting on the matter. Read More..

B2B Tech News | 9 days ago        

SoftBank and Arm Holdings in Talks to Acquire Ampere Computing, Reports Indicate

SoftBank Group and Arm Holdings, its majorityowned subsidiary, is pursuing Oraclebacked semiconductor company Ampere Computing. Although the conclusio

SoftBank Group and Arm Holdings, its majorityowned subsidiary, is pursuing Oraclebacked semiconductor company Ampere Computing. Although the conclusion of the negotiations is still unknown, Ampere has been considering strategic options and has attracted Arms attention. Renee James, a former president of Intel, founded Ampere, a company specialising in energyefficient central processor chips used by Google and Oracle. Ampere has been collaborating with a financial advisor to determine takeover interest. Since its founding, Oracle has invested hundreds of millions of dollars in Ampere. Ampere and Arm have both refrained from commenting on the possible agreement. Read More..

B2B Tech News | 9 days ago        

Microsoft CEO Satya Nadella Announces $3 Billion Investment in India’s AI and Cloud Infrastructure

During his trip to India, Microsoft CEO Satya Nadella declared that the company would invest $3 billion over the next two years in cloud and AI infras

During his trip to India, Microsoft CEO Satya Nadella declared that the company would invest $3 billion over the next two years in cloud and AI infrastructure, including new data centres. This project seeks to boost AI innovation in keeping with Prime Minister Narendra Modis goal of a developed country by 2047. Microsofts ADVANTAIGE India initiative aims to teach 10 million people about AI capabilities by 2030. To strengthen partnerships with startups and its dedication to Indias AI ecosystem, the business recently established an AI Innovation Network. With programs like 0% water usage for new data centres and renewable energy contracts to promote environmental justice, Microsoft also strongly emphasises sustainable development, responsible AI, and community support. Read More..

B2B Tech News | 9 days ago        

India and Malaysia Strengthen Ties in CounterTerrorism and Cyber Security

India and Malaysia have committed to strengthening cooperation in various crucial areas, including counterterrorism, cyber security, defence, maritime

India and Malaysia have committed to strengthening cooperation in various crucial areas, including counterterrorism, cyber security, defence, maritime security, and critical minerals like rare earth. This decision emerged from the inaugural IndiaMalaysia Security Dialogue in New Delhi, cochaired by Indias National Security Adviser Ajit Doval and Malaysias National Security Council Director General Raja Dato Nushirwan Bin Zainal Abidin. The dialogue follows Malaysian Prime Minister Anwar Ibrahims visit to India in August 2024, during which the two countries elevated their bilateral ties to a Comprehensive Strategic Partnership. Both nations agreed to institutionalize this dialogue with annual meetings focused on these key areas to enhance collaboration further. Read More..

B2B Tech News | 9 days ago        

Vietnam’s Central Bank Commits to Flexible Monetary Policy Amid Inflation Concerns

Vietnams central bank said Tuesday that it will continue implementing a flexible monetary policy to keep inflation under control while keeping a close

Vietnams central bank said Tuesday that it will continue implementing a flexible monetary policy to keep inflation under control while keeping a close eye on U.S. Presidentelect Donald Trumps policies and modifying its domestic policies as necessary. Despite a manufacturingled economic expansion of 7.09% in 2024, propelled by robust exports and foreign investment, deputy central bank governor Dao Minh Tu emphasised growing lousy debt and difficulties in Vietnams bond, stock, and real estate markets. Even though credit growth was recorded at 15.08% on 31 December, the central bank wants to raise it by 16% this year. Along with dealing with problematic lenders like Saigon Joint Stock Commercial Bank, the bank also underlined the need for interest rate and foreign exchange stability in the face of economic challenges. Read More..

B2B Tech News | 9 days ago        

Kenya’s Economic Growth Slows to 4.0% in Q3 2024 Amid Sector Underperformance

As a result of poor performance in most sectors, Kenyas economic growth dropped to 4.0% in the third quarter of 2024 from 6.0% the same time the year

As a result of poor performance in most sectors, Kenyas economic growth dropped to 4.0% in the third quarter of 2024 from 6.0% the same time the year before, according to the Kenya National Bureau of Statistics. Significant factors contributing to the slowdown were mining and quarrying contracts, which fell by 11.1%, and construction contracts, which fell by 2.0%. Even if industries, including real estate, financial services, transportation, hospitality, and agriculture, helped stop the fall, widespread demonstrations over planned tax hikes at the end of the second quarter caused chaos and violence. Although the finance ministry expects a 5.2% expansion for 2024, the World Bank has lowered Kenyas growth prediction to 4.7% from 5.0%. Read More..

B2B Tech News | 9 days ago        



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