The enterprise information and communication technology (ICT) market in Malaysia is expected to grow at a rate of 15.5% annually from 2023 to 2028. This growth is being driven by businesses and the government's efforts in digital transformation, according to GlobalData.
Industry News
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ExpiredThe Vietnamese government has issued Decree 163, providing a detailed legal framework for three newly recognized telecommunications services: data center services, cloud computing, and basic telecommunications services delivered via the internet.
PTA, Huawei Partner to Advance Pakistan's Digital Transformation
ExpiredThe Pakistan Telecommunication Authority (PTA) and Huawei Pakistan are set to expand their partnership in the IT and Telecom sectors.
China Mobile, Telecom Egypt Strengthen Global Connectivity Partnership
ExpiredChina Mobile International (CMI) and Telecom Egypt have announced a pivotal strategic commercial agreement, underscoring their commitment to addressing the surging global demand for data.
Ministry Seeks TRAI's Clarity on Using Bank Guarantees for Spam Fines
ExpiredThe Ministry of Communications has asked the Telecom Regulatory Authority of India (TRAI) for clarification on whether telecom operators' bank guarantees (BGs) can be used to recover fines for their failure to curb spam.
IFC and Partners Invest USD 900 Million in Malaysia Data Center
ExpiredThe International Finance Corporation (IFC) has partnered with six international financial institutions to provide over USD 900 million in financing for Yondr Group’s hyperscale data center campus in Malaysia.
Vietnam Implements New Social Media Verification Rules
ExpiredVietnam has introduced new regulations requiring social media users to verify their accounts with phone numbers, further supporting the country's push for robust digital governance.
TM Launches Malaysia's First GPUaaS, Boosting AI Innovation
ExpiredTM, the leading telecommunications company in Malaysia, has enhanced its digital infrastructure to offer GPU-as-a-Service (GPUaaS) within the country.
Thailand’s Telecom Revenue to Hit USD 11.2 Billion by 2029
ExpiredThe revenue from telecom and pay-TV services in Thailand is projected to grow at a rate of 2.8% annually, reaching USD 11.2 billion by 2029, driven mainly by the mobile broadband segment.
Philippines Enterprise ICT Market to Grow 10.9%
ExpiredThe enterprise ICT market in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 10.9%, driven primarily by IT services, particularly cloud computing and BPO segments, according to a forecast by GlobalData.