Rising AI demand spurs Amazon cloud unit sales
Amazon.com Inc’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit…
Category: Corporate News
S’pore manufacturing, services firms upbeat about next two quarters
More local manufacturers and services firms are optimistic about business conditions in the months ahead due to factors such as…
Pinterest revenue surges on popularity of shopping
Pinterest Inc reported first-quarter sales and user growth that surpassed Wall Street’s expectations, bolstered by a push into shopping and…
Increase in demand for Farm Price products
Farm Price Holdings Bhd’s revenue is expected to grow at 8.9%, 9.2% and 10.3% for financial year 2024 (FY24), FY25…
Sin-Kung to ride on booming global air cargo market
Sin-Kung Logistics Bhd is expected to ride on the global air cargo volume demand to accelerate its growth.
Microsoft plans to invest US$1.7bil in Indonesia
US tech giant Microsoft has announced a large investment in Indonesia, as the company’s chief executive officer visits Jakarta for…
UOA REIT expects office rental market to remain challenging
PETALING JAYA: UOA Real Estate Investment Trust (UOA REIT) expects the office rental market to remain challenging, amidst escalating cost…
Gadang to gain from data centre construction
Gadang Holdings Bhd’s construction of a data centre (DC) will be earnings positive for the construction company from its financial…
Positive outlook for DNeX
Despite recording its lowest net profit in three years, Dagang NeXchange Bhd (Dnex) remains optimistic about its future prospects backed…