Duc Dao

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.

Malaysia ranked second in Southeast Asia, behind Singapore, in ASEAN Digital Nations Index, an annual digital-development index published by the mobile-industry body GSMA.

Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.

Tokgistic Pte. Ltd., a Singapore-registered affiliate of short video platform TikTok will invest $980 million in a logistics project in Vietnam's Ho Chi Minh City, part of the social-media company's growing presence in Vietnam.

Masan High-Tech Materials (MSR), the mining arm under Vietnam's conglomerate Masan, clarified its high-purity tungsten (wolfram) products are not covered by draft export restrictions for minerals.

Malaysia is targeting as much as MYR20 billion ($4.7 billion) a year in additional economic output from artificial intelligence (AI) by 2030 and wants to shift from building data centres to applying AI across its economy.

Vietnam's Ministry of Industry and Trade suggested that rare earth minerals stay off the list of minerals permitted for export in the current period, without details of the length of the "current period."

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.

Nasdaq-listed BUUU Group, a Hong Kong-based events and stage-production company, will buy a 60 percent stake in Brightray Science, a maker of prefabricated modular data centers, and will relocate its headquarters to Singapore.