Equinix, Inc., a digital infrastructure company based in the United States, has announced a MYR 23 million (USD 5 million) investment to acquire land from Cyberview Sdn Bhd, a technology hub developer in Cyberjaya, Malaysia. This strategic acquisition aims to bolster...
Melexis, a Belgian microelectronics firm, has opened its largest wafer testing facility in Kuching, Sarawak, Malaysia, following a EUR 70 million (USD 77 million) investment. This development represents a significant effort to meet the growing global semiconductor...
US-based fashion brand, Coach is set to launch its first-ever Coach Play concept store in Southeast Asia. In collaboration with A Place Where (APW), an event and retail hub in Bangsar, Kuala Lumpur, the store will open by the end of September 2024. The concept store...
Indonesia has formalized a regulatory framework for ensuring the quality of seafood products exported to the U.S. Announced by the Ministry of Maritime Affairs and Fisheries (KKP) last July, the agreement will implement a quality and safety assurance system for marine...
SCYTALYS, a leading Greek provider of Defense Interoperability Systems and a member of EFA GROUP, has announced the successful handover of the System Interoperability Kodal (SIK) program to the Indonesian Armed Forces (TNI). This collaboration follows the completion...
The Indonesian government has been presented with proposals to create seven new special economic zones (SEZs), as stated by the acting secretary general of the SEZ National Council. These proposed SEZs are intended for locations in Java, Sulawesi, and the Nusantara...
Norway aims to strengthen its partnership with Indonesia and explore investment opportunities in renewable energy, including hydropower and carbon capture and storage (CCS), according to the Norwegian Energy Minister. Norwegian companies are expected to bring their...
Sustainability Economics, an international organization specializing in comprehensive net-zero solutions for high-emission industries, has partnered with SUCOFINDO, an inspection state-owned company in Indonesia. This collaboration aims to accelerate the transition of...
Denzai K.K., a specialist in cranes and transportation, will provide cranes for the construction of Long Thanh International Airport, which is being developed on the outskirts of Ho Chi Minh City, Vietnam. The airport project is managed by a consortium of ten...
Taiwanese electronics giant Foxconn will set up a facility to produce PlayStation gaming consoles in Quang Ninh province, Vietnam, as part of a USD 287.2 million investment. Foxconn received the investment registration certificate for the project in July 2024. The...
Japanese retailer Aeon is set to open its first mall in central Vietnam and its seventh in the country in September 2024 in Thua Thien Hue province. During a recent site visit, the Vice Chairman of Thua Thien Hue province was briefed on the project’s progress by the...
Vietnam has announced that foreign investors are now allowed to own data centers within the country. These new rules have emerged because the domestic market has struggled to meet the increased need for data storage. The recently enacted Law on Telecommunications...
