Gross Domestic Produce (GDP) Stories

Asian Stories

Gross Domestic Produce (GDP) stories

Malaysia financial firms lag in AI scaling, report finds

Despite widespread pilots, only 17% of Malaysian financial institutions have scaled strategic AI initiatives, a new report says.

By Karen Joy Bacudo • 4 min read • Last month

Ransomware

Malaysia's digital economy driven by AI & cybersecurity

Georg Chmiel, Chairman of Chmiel Global Advisory, has highlighted AI and cybersecurity as vital to Malaysia's digital economy, projected to hit 25.5% of GDP by 2025.

By Shannon Williams • 4 min read • Wed, 26th Feb 2025

Digital Transformation

Malaysia invests in AI & cybersecurity for digital growth

Malaysia is emerging as a digital economy leader in Southeast Asia, with investments in AI and cybersecurity expected to boost its GDP contribution to 25.5% by 2025.

By Catherine Knowles • 3 min read • Wed, 26th Feb 2025

Google

Google invests USD $1 billion in Thailand's digital future

Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.

By Sean Mitchell • 3 min read • Tue, 1st Oct 2024

Hyperscale

Equinix invests USD $124 million in new Hong Kong data centre

Equinix commits USD $124 million to construct its largest Hong Kong data centre, HK6, aiming to bolster digital infrastructure and connectivity in the Greater Bay Area.

By Sean Mitchell • 3 min read • Wed, 14th Aug 2024

Global Stories

Gross Domestic Produce (GDP) stories

Fintech

BlueProof founders named finalists in entrepreneur awards

The Cambridge firm's shortlist place boosts its profile as it expands festival and public sector deployments, including work with the NHS.

By Sofiah Nichole Salivio • 4 min read • Last week

Notebook

Desktop PC sales remain strong in Europe as mini PCs surge

Europe's PC desktop sales remain strong in early 2025, with consumer notebooks outperforming commercial ones amid uneven market recovery across countries.

By Melvin Hipolito • 3 min read • Wed, 7th May 2025

Health Technologies

Australians & Kiwis face strain from living cost crisis

A report reveals ongoing financial strain for Australians and New Zealanders, with rising living costs leaving nearly half feeling worse off than last year.

By Imee Dequito • 3 min read • Fri, 6th Dec 2024

Stories from Other Regions

Gross Domestic Produce (GDP) stories

Manufacturing

Amazon says USD $27 billion Florida spend creates jobs

Jobs and local suppliers in Florida have benefited from Amazon's USD $27 billion spending spree since 2010, the company says.

By Mark Tarre • 3 min read • Last week

Data centers

Amazon says Louisiana investment tops USD $35 billion

Louisiana's economy has gained more than USD $33 billion in GDP from the company's spending and pay since 2010, Amazon said.

By Mark Tarre • 3 min read • Last week

Digital Transformation

UK tech workforce hits 2.15 million as demand grows

Demand for digital skills is tightening hiring across UK industries, with tech roles now making up 6.4% of jobs and paying 53% more.

By Mark Tarre • 3 min read • Last month

Robotics

Professor Cori Stewart wins AI leadership scholarship

The award will send the ARM Hub founder to Stanford, bolstering efforts to push AI into Australian manufacturing and policy.

By Joseph Gabriel Lagonsin • 3 min read • Last month

Digital Transformation

Colter Bay blames lending bias for Australia's slump

Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.

By Karen Joy Bacudo • 4 min read • Last month

Small Business

RBA set to hold as late business payments hit six-year high

Australian businesses face tighter cash flow as overdue invoices jump to a six-year high, reinforcing expectations the RBA will hold rates at 4.35%.

By Karen Joy Bacudo • 4 min read • Last month

Digital Transformation

New Zealand government unveils national strategy for AI adoption

New Zealand unveils its first national AI strategy to boost business innovation and GDP by NZD $76 billion by 2038, focusing on responsible adoption and skills.

By Sean Mitchell • 4 min read • Wed, 9th Jul 2025

Data Analytics

Digitalisation could boost NZ SME GDP by NZD $8.6 billion in 2025

New Zealand SMEs could boost GDP by NZD $8.6bn by 2025 through digitalisation, says report by Xero and NZ Institute of Economic Research.

By Melania Watson • 3 min read • Tue, 20th May 2025

Semiconductors

Global X launches China Tech ETF on ASX for local investors

Global X launches the DRGN ETF on ASX, giving Australians targeted exposure to 20 leading Chinese tech companies, focusing on AI, automation, and semiconductors.

By Melania Watson • 3 min read • Thu, 8th May 2025

DevOps

Australia sees 61% rise in cyber extortion, report reveals

Australia faces a 61% rise in cyber extortion attacks, according to Orange Cyberdefense's new report, threatening its economy, jobs, and national security.

By Sean Mitchell • 3 min read • Tue, 30th Jul 2024