Microsoft Opens First Regional Data Centre in Thailand: An Hour Ago

In a groundbreaking move, tech giant Microsoft has announced the opening of its first regional data center in Thailand. This development marks a significant milestone for the company as it expands its cloud and AI infrastructure in the region. Microsoft has also pledged to provide AI skilling opportunities for over 100,000 individuals in Thailand.

The new data center region will enhance the availability of Microsoft’s hyperscale cloud services, ensuring enterprise-grade reliability, performance, and compliance with data residency and privacy standards. This move is expected to have a transformative impact on the technological landscape in Thailand and pave the way for a cloud and AI-powered future.

In other news, Mitsui and Co, a Japanese trading house, reported a 6.4% decline in profit for its 2023 financial year. Despite this setback, the company announced a $1.26 billion buyback, leading to a 1.23% increase in its shares. This strategic move aims to bolster investor confidence and drive growth in the coming months.

Meanwhile, South Korea has seen a sharp increase in exports, surpassing expectations with a 13.8% rise in April. This positive trend signals a promising outlook for the country’s economy and trade relations. Additionally, the country’s trade balance has narrowed, indicating a shift towards a more balanced economic landscape.

Overall, these recent developments in the tech, finance, and trade sectors highlight the dynamic nature of the global economy and the ongoing efforts to drive innovation and growth in various industries. Stay tuned for more updates on these evolving trends.