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Search Result for “Borneo”

Showing 1 - 10 of 36

BUSINESS

AI boom is turning Malaysia’s palm oil estates into data centres

Bloomberg News, Published on 19/11/2025

» KUALA LUMPUR — Malaysia’s palm oil giants, long-blamed for razing rainforests, fuelling toxic haze and driving orangutans to the brink of extinction, are recasting themselves as unlikely champions in a different, potentially greener race: the quest to lure the world’s artificial intelligence (AI) data centres to the Southeast Asian country.

BUSINESS

China eyes C919 jet breakthrough as AirAsia weighs orders

South China Morning Post, Published on 11/09/2025

» The Malaysian low-cost airline AirAsia has shown strong interest in acquiring the Chinese C919 passenger jet, its executive said, as part of its strategy to tap into Southeast Asia's 700 million-strong population and capitalise on growing China-Asean business ties.

BUSINESS

This is how Asia Pacific is responding to US reciprocal tariffs

Bloomberg, Published on 07/04/2025

» President Donald Trump’s 10% baseline tariffs on US trading partners around the world came into effect on Saturday.

BUSINESS

Malaysia unveils CO2 storage bill in push to become regional hub

Bloomberg, Published on 04/03/2025

» Malaysia’s government unveiled legislation to regulate carbon capture and storage activities that will allow the oil producer to widely adopt and monetise the emissions-reducing technology. 

BUSINESS

Malaysia's Sarawak now gets its own airline in autonomy quest

Bloomberg News, Published on 12/02/2025

» KUALA LUMPUR — Malaysia's Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest move to boost ownership of strategic assets as it pushes for greater autonomy.

BUSINESS

Malaysia to dial back on subsidies in 2025 as growth picks up

Bloomberg, Published on 18/10/2024

» Malaysian Prime Minister Anwar Ibrahim is counting on more subsidy cuts and accelerating growth to help reduce the fiscal deficit even as he unveils his biggest annual spending plan yet on Friday. 

BUSINESS

Indonesia launches 'Golden Visa' to lure foreign investors

Reuters, Published on 25/07/2024

» JAKARTA - Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to US$10 million giving them a 10-year visa and access to Southeast Asia's largest economy.

BUSINESS

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.

BUSINESS

China's construction for Indonesia's new capital Nusantara to lead growing overseas city-building portfolio

South China Morning Post, Published on 25/03/2024

» HONG KONG: China is positioning itself to become one of the top foreign investors in Nusantara, the planned new capital of Indonesia that is being built from scratch over the next 20 years in the middle of forests and palm tree farms.

BUSINESS

Brunei's GallopAir, buyer of Comac planes, eyes year-end launch

Reuters, Published on 23/02/2024

» SINGAPORE: Brunei-based airline startup GallopAir hopes to start operations by the end of 2024 should Brunei's aviation regulator approve the regional jet made by Chinese state-owned planemaker Comac it wants to fly in time, the carrier's chief executive said.