Alibaba Cloud Expands in Malaysia | Trump’s Tax Bill Clears U.S. Senate | AGN Evening Update 2 July 2025

Malaysia’s digital infrastructure gets a boost as Alibaba Cloud opens its third data centre. Meanwhile, Trump’s sweeping tax bill heads to the U.S. House after a dramatic Senate vote.

Malaysia News

Alibaba Cloud Expands Regional Presence

  • Alibaba Cloud, the tech giant’s cloud arm, has opened its third data centre in Malaysia.
  • The company plans to launch a second data centre in the Philippines by October.
  • This expansion aims to address growing demand for secure, scalable cloud services across Asia.

International News

U.S. Senate Approves Trump’s “One Big Beautiful Bill”

  • After a marathon 27-hour debate, the Senate passed Trump’s major tax and spending bill by a narrow margin.
  • Key features: permanent extension of 2017 tax cuts, cuts to social safety net programs, and increased border enforcement funding.
  • The bill could add $3.3 trillion to U.S. national debt and now heads to the House for final approval.
  • Critics warn of reduced healthcare access for millions and mounting fiscal risks.

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