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KUALA LUMPUR -- Microsoft will invest $2.2 billion in cloud and artificial intelligence infrastructure in Malaysia, making it the single largest investment in its 32-year history in the country, the company's chief executive announced on Thursday.
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.
TOKYO -- With its emerald green ocean and moss-covered islets, the world heritage site of Halong Bay in northern Vietnam is one of the country's most popular destinations, attracting tourists from around the world. In 2023, it welcomed about 2.6 million foreign visitors, accounting for 21% of Vietnam's total inbound tourists.
Honda Motor on Thursday said it and several suppliers would invest $11 billion to build batteries and electric cars in Ontario, a significant commitment from a company that has been slow to embrace the technology.
HONG KONG -- China's inbound foreign investment shrank 26.1% on the year in the January-March quarter, to 301.7 billion yuan ($41.7 billion), despite Beijing's efforts to woo global companies.
Shanghai is kicking off a merger between the city's two leading state-owned investment firms to create a 130 billion yuan ($18 billion) juggernaut to back innovation and technology startups.
Southeast Asia saw a significant uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, according to a report released Monday.
ISLAMABAD (AP) — Pakistan’s prime minister called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country, a government statement said Tuesday.