PARIS (Reuters) - Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge.
South-East Asia emerges as global data centre hot spot as AI usage rises; Malaysia and Singapore among leaders in marketSINGAPORE : The world’s largest technology firms are flocking to South-East Asia to build data centre s at a time when demand for infrastructure and computing power to enable artificial intelligence is rapidly rising.
Data centres are large facilities built to accommodate servers, data storage systems and networking equipment that support better internet services and telecommunications. Malaysia seized the bulk of new data centre investments entering the region during that period, and now expects facilities with around one gigawatt of power capacity to come online over the next two years.Another 3GW has also been announced and, if approved, will be gradually rolled out in the next three to five years, RHB Bank said.Among those channelling capital into Malaysia are tech titans like Microsoft, which said in May that it will invest US$2.
By 2028, RHB expects Malaysia to account for over half the data centre processing power across the top five South-east Asian markets, with data centres in Johor making up the bulk of inventories at over 2.3GW. Speaking at a conference in May, then Senior Minister of State for Communications and Information Janil Puthucheary said data centres are collectively Singapore’s biggest indirect carbon emitter.
“The industry does not have a clear picture of what’s next after the additional capacity was announced in May, or when we can bid or how. We haven’t seen this information coming, and that has created uncertainty,” he said.Mr Dedi said that while Singapore is still the preferred destination for hosting mission-critical computing applications, Johor, which still struggles with issues like talent and water shortages, is improving quickly.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South-East Asia scammers stole up to US$37bil in 2023, UN saysQin Lan refuses to take on conventional roles of wife and mother in real life.
Read more »
South Korea Named Asia's Top Food Destination, Malaysia Ranks 5thAgoda surveyed 4,000 users who had completed bookings in various markets.
Read more »
‘Mekdi’ milik anak Malaysia, diusahakan oleh rakyat Malaysia untuk Malaysia‘Mekdi’ milik anak Malaysia, diusahakan oleh rakyat Malaysia untuk Malaysia
Read more »
PAC to issue recommendations on delayed water projects in East MalaysiaAn Uber Eats driver is accused of groping a woman and not allowing her to leave his car after offering her a ride, California police say.
Read more »
Bursa Malaysia closes lower on concerns over Middle East tensionsPETALING JAYA: Transport Minister Anthony Loke has announced a press conference on the issue of using the MyDigital ID to log into the MyJPJ app.
Read more »
Unique ingredients in east Malaysia(Reuters) - The Premier League has rejected Manchester City's request to postpone the first two games of the 2025-26 season to help the players recover after their FIFA Club World Cup campaign in the U.S., the club's manager Pep Guardiola said on Friday.
Read more »