Malaysia is making big moves in the tech world. Prime Minister Anwar Ibrahim recently announced plans to transform the country into a global semiconductor powerhouse. This involves training 60,000 local engineers and drawing in investments worth 500 billion ringgit. Why does this matter? Semiconductors are everywhere—from smartphones to cars to even your kitchen appliances. As […]
Related Posts
Investors Eye Fed Speeches as Mexican Peso Weakens to 20 per Dollar
The Mexican peso started the week on a downward trend against the US dollar. The local currency lost ground as the greenback gained strength. This shift occurred amid growing speculation about Donald Trump’s potential victory in the November elections. The spot exchange rate reached 20.0055 pesos per dollar. Compared to Friday’s official closing rate of […]

Foreign direct investment in LatAm soared 55% and reached its highest historical value in 2022
According to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Latin America’s foreign direct investment (FDI) experienced significant growth in 2022, reaching its highest recorded value. The region received a total of US$224.579 billion in FDI, marking a 55% increase compared to the previous year. ECLAC highlighted that this milestone was […]
Saudi Arabia Eyes French Fighter Jets Amid US, German Reluctance
Saudi Arabia is encountering difficulties in modernizing its air force, initially aiming to acquire additional Eurofighter jets and Lockheed Martin’s F-35s. Both attempts have met roadblocks. Now, the focus has shifted to Rafale jets from France’s Dassault Aviation. According to La Tribune, a French newspaper, Saudi Arabia is exploring the purchase of 54 Rafale jets. […]