LEMON BLOG

Prime Minister Datuk Seri Anwar Ibrahim has urged Malaysians living abroad not to underestimate the technological progress, expertise, and talent present in their home country. He highlighted that Malaysia continues to earn global recognition for its technological capabilities, with many international investors choosing to reinvest after years of successful business operations in the country. Anwar cited Infineon Technologies AG, Germany's leading semiconductor manufacturer, as an example. The company recently invested an additional six billion euros, acknowledging Malaysia's expertise, technology, and talent as being on par with Germany. He made these remarks in response to a question during a gathering with over 700 members of the Malaysian diaspora on Friday.

The objective of the 5G network service is not just to ensure full coverage but to focus on areas that can yield the greatest advantages, such as industrial zones. According to Communications Minister Fahmi Fadzil, the ministry has pinpointed more than 67 industrial zones that will be prioritized for the rollout of the technology.

On Saturday, TikTok became inaccessible in the U.S. just before a federal ban on the Chinese-owned short-video platform took effect. The app, which had engaged nearly half of the American population, supported small businesses, and influenced online culture, was cut off from users. 

Communications Minister Fahmi Fadzil stated that the Malaysian Communications and Multimedia Commission (MCMC) is currently in talks with Microsoft, the owner of LinkedIn, about the platform's licensing requirements.

JPMorgan has cautioned that Malaysian stocks linked to the data center investment theme may face additional downside risks, prompting downgrades for Sunway Construction Group Bhd and Gamuda Bhd. The firm noted that while construction stocks have seen declines, their premium valuations have not fully adjusted. Furthermore, JPMorgan estimates that tightened US chip export restrictions could potentially impact up to two-thirds of Malaysia's planned four-gigawatt data center capacity.