Malaysia to Impose Dividend Income Tax Due to Financial Expenditures Rise
Malaysia plans to introduce a dividend income tax due to rising spending, and Prime Minister Anwar Ibrahim has proposed raising the 2025 budget to US$98 billion, breaking previous records.
10-212.65w
Southeast Asia/Malaysia Government/Tax
SK Group to Abolish Loss-Making Business, Turning to AI with 80 Trillion Won
SK Group divested its loss making business and invested 80 trillion Korean won to develop AI. The company's executives pushed for internal restructuring, resulting in a 94% drop in profits.
10-112.66w
SK Hynix/SK Telecom/AI
Sea Group Pushes Financial Business into Thailand, Bidding Lincense with 4 Partneres
Currently, Singapore's Sea Group is accelerating its application for a digital banking license in Thailand, following its entry into Singapore, Indonesia, and the Philippines, with the tech group also moving into the Malaysian market.
10-092.79w
Southeast Asia/Digital Bank/Financial Services
AI Demand Remains Strong, Tokyo Electron Expects Doubled Sales Next Year
Tokyo Electron expects AI-related sales to grow by about 150% this fiscal year, reaching 690 billion yen. The company's CFO stated that there are no signs of weakening AI demand, as clients are placing orders "one after another."
09-272.61w
AI/Semiconductors/Japan Economy
着眼于芯片后端 越南FPT拟扩容至“万人团”
越南本土科技巨头FPT即将涉猎半导体后端环节,负责芯片的封装和测试,计划到2030年扩招10,000人。
09-262.55w
东南亚市场/芯片/人工智能
着眼于更高盈利能力 东南亚电商纷纷提高商家佣金
疫情时代过后,东南亚电商平台Shopee、Tokopedia、Lazada和TikTok纷纷提高商家佣金缴纳比例,以提升自身盈利能力。
09-262.60w
东南亚市场/电商行业/Shopee
Indonesia Bank Cuts Rates For First Time Since 2021, Seizing Fed's Easing Cycle
BI announced an interest rate cut to promote economic growth, lowering the policy rate by 0.25% for the first time since 2021.
09-232.68w
Southeast Asia/Rate Cuts/Investment
Singtel Anchors Data Center & IT Business, Preparing for New Breakthrough
After its mobile business matured, Singtel turned to data center and IT businesses to seek new growth points, and its share price has hit a four-year high.
09-132.80w
Southeast Asia/Telecommunication/Data Centres
Rapidus Bets on 2nm Mass Production, Seeking Another 100bn Yen Funding
Japanese chip startup Rapidus is seeking to raise 100 billion yen from existing and new investors to finance its chip development work, and expects to achieve fully automated mass production of 2nm process chips by 2027.
09-112.80w
AI/Chips/Semiconductor
GoTo Ride-Hailing Service Gojek to Exit Vietnam Market
Indonesia's GoTo will withdraw from the Vietnamese market, ending its competition with Grab and Shopee, and its travel and delivery services will focus on Indonesia and Singapore.
09-092.77w
Southeast Asia/GoTo/E-Commerce
Domestic Autos Lead the Way: Malaysia Q2 Auto Sales Catching up with Indonesia
Malaysia’s auto sales are closing in on ASEAN leader Indonesia, with the gap between the two regional markets narrowing to 8,000 units in the second quarter.
09-052.72w
Southeast Asia/EVs/Inflation
Google Considers "Hyperscale" Data Center in Vietnam
Google is considering building a hyperscale data center in Vietnam。If achieved, this may be another major investment by Google in Southeast Asian countries after Malaysia。
09-032.74w
Southeast Asia/Google/Data Centers
Singtel and Hitachi Deepen Cooperation Targeting Next-Generation Data Centre and GPU Cloud
Singtel and Hitachi of Japan have signed a memorandum of understanding to collaborate on the development of next-generation data centres and GPU clouds in Japan and other parts of Asia Pacific to drive digital transformation for enterprises.
08-272.81w
Southeast Aisa/Telecommunications/AI
Vietnam Internet Speed Soars, Digital Infrastructure Develops
Vietnam’s mobile internet speed has increased by 40 percent in the past five months, marking significant achievements in the country’s digital infrastructure construction and telecommunications industry development.
08-262.74w
Southeast Asia/Digital Economy/Telecommunications
Philippines Launches "PalengQR Ph Plus" to Promote Cashless Payments
The Bangko Sentral ng Pilipinas (BSP) and local government units (LGUs) have jointly launched the PalengQR Ph Plus project to build a strong digital payment ecosystem and promote cashless transactions in the local market.
08-262.76w
Southeast Asia/Digital Payments/Digitalization
Vietnam FPT to Launch AI Cloud Computing Business in Japan with $200bn
Vietnamese tech giant FPT Group to expand its Japanese business with $200 million to provide AI cloud computing services to local businesses。
08-222.82w
Southeast Asia/Data Centre/AI
"Made in China" Stands Out, Tesla Southeast Asia Expansion Halted?
Due to fierce competition in the industry, Tesla's competitiveness in the Southeast Asian market lags significantly behind that of Chinese manufacturers, so its plan to set up factories in Southeast Asia has been temporarily shelved.
08-122.73w
Southeast Asia/Tesla/EVs
Infineon's Largest Power Semiconductor Plant Under-Construction in Malaysia
Infineon is set to build its largest power chip factory in Kulim, Malaysia, enhancing Malaysia's position in the global semiconductor supply chain.
08-092.75w
Malaysia/AI/Southeast Asia
SK Hynix Receives Nearly $1bn Subsidies From US
SK Hynix received a $450 million grant and a $500 million loan from the United States to build a chip packaging factory in Indiana for advanced packaging and AI product research and development.
08-072.72w
SK Hynix/AI/Chip Subsidies
Domestic Complaints Rising, Thai EV Subsidies Lose Its Way?
Thailand's subsidies to Chinese EV manufacturers have severely impacted the automotive industry, with massive oversupply forcing the country's traditional firms to cut production and even close down.
07-292.74w
Southeast Asia/EVs/BYD
SK Hynix Breaks Record with Q2 Results but Stock Prices Plunge
Despite the promising earnings figures, SK Hynix shares still obtain the biggest drop in 20 months.
07-252.74w
SK Hynix/Chips/AI
Indonesia Kominfo and APTDI Collaborate to Develop Digital Talents
Indonesia's Kominfo has established a strategic partnership with APTDI to enhance the development of digital talent.
07-232.72w
Southeast Asia/Digitalization/AI
Malaysian PM Meets Ericsson to Discuss 5G Investment
Recently, Malaysian Prime Minister Anwar Ibrahim held a meeting with the Ericsson delegation to discuss issues related to the continued investment on 5G networks in Malaysia.
07-232.72w
Southeast Asia/Telecommunications/5G
Admist Global Downturn, Japan Holds Its M&A Position
Japan's M&A market remains buoyant despite sluggish global deals, and a stable investment climate has attracted numerous international investors.
07-162.76w
Japan Economy/M&A/Yen
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The financial ship needs strong sails and a wise helmsman to accompany you in sailing across the oceans of Southeast Asia.
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