Malaysia’s political stability, electrical ecosystem credited for convincing Amazon, Tesla to invest

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Amazon has confirmed plans to invest US$6 billion to make Malaysia one of its cloud regions. Read more at straitstimes.com.

KUALA LUMPUR - Amazon Web Services took a wait-and-see approach that spanned a number of years before deciding to invest RM25.5 billion in Malaysia, said Prime Minister Anwar Ibrahim on Tuesday.

“There were to be no negotiations with agents or private companies selected by us. We said that they have the freedom and transparency to make their own choice subject to stipulated conditions,” he said. AWS announced on March 2 that it would be launching a new infrastructure region in Malaysia as part of a public-private sector partnership with the Malaysian government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla cuts US Model S and Model X prices between 4% and 9%:Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company's website, days after Chief Executive Elon Musk said recent price cuts on other models had stoked demand.The price cuts, Tesla's fifth adjustment since the start of the year, ranged from 4 per
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla could begin producing autos in Mexico next year -Mexican officialMEXICO CITY : Tesla Inc could begin producing its first cars in Mexico next year, with the electric vehicle maker close to receiving its final permits allowing factory construction to begin in Nuevo Leon near the U.S.-Mexico border, the state's governor said on Monday.'They are waiting for the final permi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tesla cuts prices of Model S and Model X variants in US - website:Tesla Inc has cut prices of its Model S and Model X vehicles in the United States, its website showed, days after chief executive Elon Musk said recent price cuts of other models had stoked demand.Prices of Tesla's Model S cars were cut by $5,000. The basic version of Model S would now cost $89,990, down fro
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Overcoming mindsets: Uniqlo, Amazon in S’pore boost hiring of persons with disabilitiesThe Enabling Business Hub will be opened later this year to encourage inclusive hiring practices and job placements for persons with disabilities. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

US opens probe into Amazon's Zoox robotaxi self-certificationWASHINGTON: US auto safety regulators said Monday they are opening a probe into Amazon unit Zoox self-certification in 2022 of a robotaxi without traditional driving controls. The National Highway Traffic Safety Administration (NHTSA) in September directed Zoox to answer questions about its basis for certi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Indonesia to provide incentives to boost EV sales, attract investmentJAKARTA : Indonesia will provide incentives to boost sales of electric vehicles (EVs) starting March 20, as part of efforts to accelerate adoption and attract investment from companies like Tesla, senior cabinet minister Luhut Pandjaitan said on Monday.The incentive programme will cover sales of 200,000 e
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »