India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion

India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports of Chinese goods that were up by more than 21% last year… To read more: https://www.thehindu.com/news/international/indias-imports-from-china-reach-record-high-in-2022-trade-deficit-surges-beyond-100-billion/article66372861.ece SOURCE: THE HINDU

US-China Trade Is Close to a Record, Defying Talk of Decoupling

Trade between the US and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling”… To read more: https://www.bloomberg.com/news/articles/2023-01-17/us-china-trade-is-close-to-a-record-defying-talk-of-decoupling?leadSource=uverify%20wall SOURCE: BLOOMBERG

Pos Malaysia Goes All-in on AWS to Drive Business Transformation

Amazon Web Services Malaysia Sdn. Bhd. (AWS), an Amazon.com company, announced that Pos Malaysia Berhad (Pos Malaysia), the national postal and courier service provider, is going all-in on AWS to drive the company’s ambitious transformation plan to diversify its products and services. As part of this business transformation, Pos Malaysia is closing its on-premises data […]

Equinix Enters Malaysia with $40M Data Center Investment

Equinix, Inc., the world’s digital infrastructure company™, today announced its market entry into Malaysia with plans to build a new International Business ExchangeTM (IBX®) data center located in Johor, called JH1. With an initial investment of approximately $40 million, JH1 is scheduled to begin operations in Q1 2024, providing 500 cabinets and 1,960 square meters of colocation space. The world-class IBX […]

Finastra Launch new Center of Excellence in KL

Finastra announced a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park in Bukit Jalil, Kuala Lumpur. MRANTI Park is a hub for technology innovation, commercial adoption, and scientific excellence. It is an ideal location for Finastra to expand its Asia Pacific footprint, further, contribute to the local economy, and promote Science, Technology, Engineering, the Arts, and Mathematics (STEAM) careers in a region dedicated to […]

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