{
}
Southeast Asia's cleantech sector is crucial for addressing climate change, with renewable energy firms leading funding efforts at $143.6 million in the past year. Despite a significant funding drop in 2024, the region's startups continue to innovate in areas like electric vehicles and waste management.In other news, Malaysia's Prime Minister Anwar Ibrahim reassured that the country would not face a recession despite new US tariffs, emphasizing strong economic fundamentals. Meanwhile, Asian markets reacted negatively to escalating US-China trade tensions, and India launched a helpline for startups to report corruption.
Malaysian Prime Minister Anwar Ibrahim stated that the country will not retaliate against new US tariffs, which start at 10% and increase to 24%. He emphasized that Malaysia's economic fundamentals remain strong, despite challenges for certain sectors, and plans to leverage regional and global trade partnerships to mitigate impacts. Anwar criticized the tariffs as contrary to WTO principles and announced the establishment of a National Geo-economic Command Centre to address the situation.
UK semiconductor firm Arm Holdings Plc is set to establish a base in Malaysia, following discussions between its CEO and SoftBank's Masayoshi Son. Prime Minister Anwar Ibrahim highlighted Malaysia's political stability as a key factor in attracting this investment, while also noting the need for a skilled workforce to meet industry demands.
Chinese President Xi Jinping urged Malaysian Prime Minister Anwar Ibrahim to strengthen strategic ties and enhance political trust between their nations. During their meeting in Beijing, Xi emphasized the importance of deepening cooperation in areas such as the digital economy, artificial intelligence, and new energy.
Malaysian Prime Minister Anwar Ibrahim has mandated an internal audit of the sovereign wealth fund Khazanah Nasional Berhad following investment losses amounting to 43.9 million ringgit ($10 million). The audit aims to ensure that all government-linked companies meet their responsibilities, including state-owned asset manager Permodalan Nasional Bhd.
Malaysian Prime Minister Anwar Ibrahim has welcomed an apology from imprisoned former premier Najib Razak, who is seeking leniency for his involvement in the 1MDB scandal. Anwar emphasized that it is unjust to single out one individual for the issues surrounding the sovereign wealth fund. His remarks come ahead of a High Court decision regarding Najib's potential acquittal in another 1MDB-related case.
Anwar Ibrahim
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
southeast asia's cleantech sector faces funding challenges amid global economic shifts
United States Dollar
Goto Ltd
Delhivery Limited
Grab2Go AS
Ecom Express Ltd.
IND
MYS
USA
Anwar Ibrahim
Show more
11:30 08.04.2025
Malaysia remains resilient amid US tariff challenges, no retaliation planned
03:54 07.04.2025
Arm Holdings to establish operations in Malaysia amid investment growth
03:10 02.03.2025
Xi Jinping and Anwar Ibrahim discuss cooperation in new energy and AI
13:38 07.11.2024
malaysian pm orders audit of sovereign fund over investment losses
Malaysian Ringgit
Permodalan Nasional BHD. Bhd
Khazanah Nasional Berhad Bhd
MYS
Permodalan Nasional Bhd
Anwar Ibrahim
12:38 02.11.2024
Anwar welcomes Najib's apology amid ongoing 1MDB legal battles
07:11 28.10.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Financial Scams and Security
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Hedge Funds & Private Equity
Market Analysis and Predictions
Retail and Consumer Goods
Supply Chain Management
Startups & Entrepreneurship
Workplace Trends
CEO Changes
Real Estate Investments
Global Trade Developments
Cryptocurrency Trends
Government Economic Policies
Venture Capital Investments
Crypto Adoption and Integration
Countries:
Companies:
JPMorgan Chase & Co.
Barclays PLC
Bank of America Corporation
The Goldman Sachs Group, Inc.
Tesla, Inc.
Citigroup Inc.
Geode Capital Management LLC
Wells Fargo & Company
Morgan Stanley
The Charles Schwab Corporation
NVIDIA Corporation
Charles Schwab Investment Management Inc.
Credit Suisse Real Estate Fund Siat
State Street Corporation
Apple Inc.
Tesmec S.p.A.
UBS Group AG
Broadcom Inc.
Deutsche Bank Aktiengesellschaft
Lloyds Banking Group plc
Currencies:
United States Dollar
British Pound Sterling
Swiss Franc
Chinese Yuan
Euro
Indian Rupee
United Arab Emirates Dirham
South Korean Won
Offshore Chinese Yuan
Japanese Yen
Azerbaijani Manat
New Taiwan Dollar
Saudi Riyal
Singapore Dollar
Vietnamese Đồng
Hong Kong Dollar
People: