Microsoft to invest $1 bln in Malaysia to set up data centres - Malaysian PM

The announcement on what would be the U.S. tech giant's biggest investment in Malaysia comes after the country in February gave conditional approvals for Microsoft, Google (GOOGL.O), Amazon (AMZN.O) and state telecoms firm Telekom Malaysia (TLMM.KL) to build and manage hyper-scale data centres and provide cloud services. It also comes after the country saw foreign direct investments (FDI) plunge by 68% last year, the biggest decline in Southeast Asia.
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