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Search Result for “expansion plan”

Showing 1 - 10 of 404

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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.

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WORLD

UN Security Council backs Trump’s bid for Gaza stabilisation force

Bloomberg News, Published on 18/11/2025

» NEW YORK -- The United Nations Security Council has approved a resolution backing President Donald Trump’s Gaza peace plan, in a move the US said would help bolster the fragile truce between Israel and Hamas.

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BUSINESS

Thailand spurns Cambodia peace deal tied to US trade talks

Bloomberg News, Published on 12/11/2025

» Thailand has suspended a peace process with Cambodia that was a condition for tariff negotiations with US President Donald Trump, after Thai soldiers were injured in a land-mine blast near the border.

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BUSINESS

IMF warns Asia’s growth will cool this year, next on trade risks

Bloomberg News, Published on 24/10/2025

» SYDNEY — The Asia-Pacific remains the fastest-growing region in the world, though higher tariffs and rising protectionism are likely to reduce demand for its exports and eventually weigh on activity, according to the International Monetary Fund (IMF).

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BUSINESS

Thai woes deepen as central bank warns of Q3 GDP contraction

Bloomberg News, Published on 22/10/2025

» The Bank of Thailand (BoT) warned the tariff-hit country is suffering a deeper-than-expected downturn, with the economy having likely posted its first quarterly contraction since the end of 2022.

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BUSINESS

New Vietnam Airline bets tourism boom can offset crowded skies

Bloomberg News, Published on 16/10/2025

»  HANOI — Startup Vietnamese carrier Sun PhuQuoc Airways plans to acquire a total of 100 Airbus SE and Boeing Co jets within five years as it seeks to break into the country’s fast expanding tourism market and crack the nation’s congested skies.

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WORLD

Hamas agrees to release Israeli hostages but sets conditions

Bloomberg News, Published on 04/10/2025

» GAZA — Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end to the conflict in Gaza.

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WORLD

Malaysians protest at US embassy over Israel before Trump visit

Bloomberg News, Published on 03/10/2025

» KUALA LUMPUR — Thousands of Malaysians rallied outside the United States embassy in Kuala Lumpur on Thursday to demand the country take action over Israel, amid growing criticism of US President Donald Trump’s upcoming visit to the Southeast Asian nation.

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BUSINESS

Starbucks $1 billion restructuring to close stores, cut jobs

Bloomberg News, Published on 25/09/2025

» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.

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BUSINESS

Cambodia expects investment to hold steady despite US tariffs

Bloomberg News, Published on 19/09/2025

» Cambodia expects investment to keep flowing into labour-intensive industries across Southeast Asia despite US tariffs due to the cost-competitiveness of the region’s workforce.