The potential union of Honda and Nissan could create the world’s third largest automaker.
Japanese automakers Honda Motor and Nissan Motor have announced formal discussions on a potential merger, a move that could reshape the global automotive landscape. If successful, the merger would form the world’s third-largest automaker by sales, trailing only Toyota Motor and Volkswagen. The integration would fortify their position in the electric vehicle and software-driven future of the...
Japanese multinational automobile manufacturers Nissan Motor and Honda Motor have officially began merger talks to maintain global competitiveness.
The duo said in a statement on Monday that they have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company.
The MOU is aimed to serve as an option to maintain global competitiveness and for the two companies...
While many global tech teams are paddling through a sea of false positives, Singapore’s tech teams are drowning in a sea of alerts – many of which are false alarms. Splunk’s State of Observability 2024 report stated that a staggering 31 percent of respondents in Singapore describe the sheer volume of false positives as “highly problematic”, compared to just 13 percent globally.
This is not just an inconvenience; it’s wreaking havoc. The constant barrage of...
Preferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025.
Scheduled to begin operations in early 2026, PFCI will primarily provide, operate and support customers of Preferred Computing Platform™ (PFCP™), an AI cloud computing service powered by PFN’s low-power AI processor in the MN-Core™...
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Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.
The global property consultant said in its released its Data Centre Research Report 2024 that Malaysia ranked first in the index for the second consecutive year, as the country recorded a significant annual take-up of 429 MW, outperforming regional peers.
This growth is driven by strategic...
XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and OCBC, the Singapore-based financial services group, have jointly announced the comprehensive partnership for global multi-currency accounts.
The duo said in a statement on Monday that OCBC China will leverage the OCBC Group’s extensive regional network and resources in its key markets of Singapore, Hong Kong,
Meanwhile, Malaysia and Indonesia will collaborate with XTransfer to provide small...
Analysts have foreseen increased localization investment from original equipment manufactures (OEMs) in Malaysia electric vehicle (EV) sector next year as incentives for completely built up (CBU) EVs are set to expire.
Maybank Investment Bank said in its recent report that it expects to see more EV developments in Malaysia next year.
This comes as the import duty and excise duty exemptions for CBU EVs, along with restrictions on importing CBU EVs priced below MYR 100,000 ($22,287), are set...
Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses.
Toyoda Gosei said in a statement on last Friday that the commercial electric vehicles (EVs) developed by EVM-J achieve lower power loss during acceleration and deceleration, longer driving range, and reduced battery load for longer battery life with an...
Editor’s note: article is written with the assistance of AI tools
Vietnam has become a hub for digital nomads and entrepreneurs, thanks to its vibrant culture and affordable living. Here are some of the top co-working spaces in the country that cater to various needs and preferences:
Dreamplex (Ho Chi Minh City &; Hanoi)
Dreamplex is renowned for its modern design and vibrant community, making it one of the most popular co-working spaces in Vietnam. With multiple...
Penang’s state chief wants to foster an “ecosystem for innovation” as supply chains shift.
Long known as a “Silicon Island” for its manufacturing prowess, the northern Malaysian state of Penang is now sharpening its focus in an effort to dominate high-value technology sectors, including semiconductors and medical equipment, as global supply chain shifts create new opportunities.
The local government recently unveiled its “Silicon Design @5km+”...
The ByteDance co-founder’s Hong Kong-based firm will target early-stage tech investments, with artificial intelligence expected to be a core focus.
Zhang Yiming, co-founder of ByteDance, has ventured into private equity with Cool River Venture, a Hong Kong-based firm he established in May 2023. Regulatory filings show that Cool River recently secured a Type 9 license from Hong Kong’s Securities and Futures Commission, authorizing it to offer asset management services.
The firm...
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