From palm oil to platforms and parcels, Malaysian tycoons chase Indonesia’s digital gold rush | AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook

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Breakfast Brief Monday, June 2, 2025 From palm oil to platforms and parcels, Malaysian tycoons chase Indonesia's digital gold rush [JAKARTA, KUALA LUMPUR] They made fortunes in palm oil, resorts and retail. Now, some of Malaysia's prominent tycoons, including Wilmar's Robert Kuok and Genting Group's… AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook [SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to… MARK TO MARKET Trump's tariffs, 'big beautiful Bill' may do more for the Singapore market than the MAS review group [SINGAPORE] When news broke early last Thursday (May 29) morning that a US federal court had struck down most of President Donald Trump's sweeping tariffs, I was almost… S$50 million property buy, adult learning push among Teo Ser Luck's final-year agenda at Isca [SINGAPORE] Singapore's national accounting body is in active talks to acquire a property in the Central Business District (CBD) for about S$50 million, as part of a… 'Let's bank': How MariBank plans to win over Singapore's retail and SME segments [SINGAPORE] When Natalia Goh joined Sea's digital bank MariBank, the first question she often got was: how do you pronounce it? BREAKING 07:16 AM Australian house prices continue to climb after RBA rate cut 07:00 AM Gold seen maintaining upward momentum 07:00 AM AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook 07:00 AM Dubai expects to shine in times of volatility due to stability, talent attraction 07:00 AM 'Let's bank': How MariBank plans to win over Singapore's retail and SME segments 07:00 AM Baltic Exchange Shipping Insights 07:00 AM Asia's coal-reliant steel giants stall green transition: panellists 07:00 AM More seeking accountancy qualification in Singapore, even as global talent shortage continues 06:54 AM Disney's 'Lilo & Stitch' wins North America box office for second week 06:39 AM Record labels in talks to license music to AI firms Udio, Suno 06:30 AM How the US market fell from 4th to 41st for returns – and what it means for stocks in 2025 06:16 AM Highways baking at 70 deg C signal a red-hot summer from China to the US 05:50 AM Grow greener: Home-grown firm expands urban design expertise to over 40 countries 05:00 AM BT Money Hacks: Is now the time for ETFs? 05:00 AM S$50 million property buy, adult learning push among Teo Ser Luck's final-year agenda at Isca MORE BREAKING NEWS BT Short takes Futureproofing Businesses for Resiliency | BT x DBS Budget 2025 Dialogue Scam Awareness & Prevention Workshop for Seniors Workers of eFishery protest at its Bandung based headquarters MORE VIDEOS Latest Podcasts BT Money Hacks: Is now the time for ETFs? Market Focus Daily: Friday, May 30, 2025 WealthBT: Navigating a business sale MORE PODCASTS That's it for today's Breakfast Brief. Thank you for reading. You received this newsletter from someone? Sign up here to get daily updates right in your inbox. Other Good Reads Daily Debrief A round-up of all the important things that happened today. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. MORE NEWSLETTERS If you want to unsubscribe from this mailing list, click here.