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GDS Holdings Ltd., a Chinese data center operator, is pursuing a $3.4 billion loan to enhance its operations in Malaysia, managed through its international unit, DayOne. The five-year facility, split into two parts, aims to refinance obligations and fund capital expenditures, with major lenders like DBS and Maybank involved. Johor has emerged as a data center hub, attracting significant investments from companies such as Microsoft and ByteDance, with DayOne also considering a potential listing this year.
Southeast Asia is attracting global investors seeking safer bets amid US-China tensions, with Singapore and Malaysia showing strong market performance, particularly in banking and semiconductors. In tech news, Singaporean AI startup Ai Palette has been acquired by UK-based GlobalData, enhancing its market intelligence capabilities. Additionally, VinFast partners with Bank Negara Indonesia to boost EV adoption, while other startups in the region secure significant funding for growth.
Amid US-China tensions, Southeast Asia is attracting global investors seeking safer opportunities, particularly in Singapore and Malaysia, where banking and semiconductors are top picks. The region is poised for increased foreign direct investment despite the absence of a true safe haven.In startup news, Singaporean AI firm Ai Palette has been acquired by UK-based GlobalData to enhance market intelligence capabilities. Additionally, VinFast partners with Bank Negara Indonesia to boost EV adoption, while Indian companies like Felicity Games and Giva secure significant funding for growth.
Capital A is set to sell its majority stake in BigPay, marking a significant shift in the company's ownership structure. This move reflects ongoing changes in the financial technology landscape as companies adapt to evolving market conditions.
Capital A is set to sell its majority stake in BigPay, marking a significant shift in the company's ownership structure. This move reflects ongoing changes in the financial technology landscape as companies adapt to evolving market conditions.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Malaysian semiconductor designer SkyeChip is planning an initial public offering (IPO) in Malaysia, targeting a valuation of over 1 billion ringgit (approximately US$226 million) in the second half of 2025. This move supports Malaysia's initiative to enhance its semiconductor sector, which includes a US$250 million partnership with SoftBank’s Arm Holdings to advance domestic chip design. The country's IPO market experienced significant growth in 2024, raising US$1.6 billion, the highest since 2017.
Malaysian semiconductor designer SkyeChip is planning an initial public offering (IPO) in Malaysia, targeting a valuation of over 1 billion ringgit (approximately US$226 million) in the second half of 2025. This move supports Malaysia's initiative to enhance its semiconductor sector, which includes a US$250 million partnership with SoftBank’s Arm Holdings for domestic chip design. The country's IPO market experienced significant growth in 2024, raising US$1.6 billion, the highest since 2017.
Okapi Technologies has secured a $2 million debt facility from Aquila, a sustainable finance company, to enhance residential solar adoption in Malaysia and Southeast Asia. The funding will support growth initiatives and facilitate financing for engineering, procurement, and construction contractors, crucial for expanding solar energy use.
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Chinese data center firm seeks 3.4 billion loan for Malaysia expansion
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07:40 17.03.2025
southeast asia attracts global investors amid us china tensions and market volatility
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10:30 13.03.2025
southeast asia attracts global investors amid us china tensions and market volatility
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capital a to divest majority stake in bigpay
09:15 13.03.2025
capital a to divest majority stake in bigpay
09:15 13.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
malaysian chipmaker skyechip plans 226 million dollar ipo in 2025
06:50 13.03.2025
malaysian chipmaker skyechip plans 226 million dollar ipo in 2025
06:50 13.03.2025
Okapi Technologies secures two million dollars for solar financing in Southeast Asia
02:30 13.03.2025
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