UMC’s $5B Investment Boosts Singapore’s Chip Industry
TAIPEI: United Microelectronics Corp. (UMC), Taiwan’s second-largest contract chipmaker, has inaugurated a new 22-nanometer semiconductor fabrication plant in Singapore. The […]
Investment & Market Trends
RM131.5 Million NIMP 2030 Fund to Be Disbursed
The Ministry of Investment, Trade and Industry (MITI) has announced the selection of seven equity crowdfunding and peer-to-peer financing platforms
Huawei’s 2024 Profit Drops 28%
Chinese telecom giant Huawei Technologies reported a 28% decline in net profit for 2024, despite experiencing strong revenue growth driven
Jollibee Foods Aims for 10,000 Global Restaurants in 2025
Philippines-based Jollibee Foods Corporation is on track to reach 10,000 restaurants worldwide this year, with a strategic focus on expanding
US$986 Million Bid to Buy Out Sinarmas Land
JAKARTA: Indonesia’s influential Widjaja family has launched a bid to take Sinarmas Land private, offering to acquire the shares of
Petronas Makes a Strong Return with US$5 Billion Dollar Bond Offering
Petronas, Malaysia’s state-owned oil and gas giant, marked a significant milestone with its recent issuance of a US$5 billion senior
Media & Entertainment Sees 296% ROI from Observability – New Relic
New Relic, a leading provider of Intelligent Observability solutions, has released its latest “State of Observability for Media and Entertainment”
Grab Eyes US$2 Billion Loan for Mega Merger with GoTo
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd is reportedly in discussions to secure a loan of up to US$2
RHB Bank Pumps RM51 Million into Boost Bank’s Digital Ambitions
RHB Bank has reaffirmed its strategic commitment to Boost Bank by investing RM51 million, securing a 40% stake in the
Malaysian Stocks Face Longest Outflow Streak Since 2018
Foreign investors have been selling Malaysian stocks for 29 consecutive sessions, marking the longest outflow streak since June 2018. Concerns
