TNGlobal Staff

Data center boom ushers in a new era of infrastructure risks and opportunities for insurers – Allianz

Artificial intelligence (AI) is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report revealed on…

ESR, INA expand partnership on new logistics developments in Indonesia

Singapore-based real asset manager ESR, Indonesia Investment Authority (INA), and other capital partners are jointly investing in the development of two institutional-grade logistics facilities in Cikarang, Greater Jakarta, expanding their partnership and supporting Indonesia’s long-term logistics, manufacturing, and supply chain development.

GIC, Anthropic, Macquarie team up to develop data center infrastructure in US

Singapore investment firm GIC, Anthropic, Macquarie Asset Management have on Tuesday announced a strategic partnership to establish Theseus Infrastructure, a new platform to develop, operate and lease data center infrastructure at scale to Anthropic under long-term agreements.

Singapore AI-using firms see revenue, employment gains – government study

Singapore firms adopting artificial intelligence (AI) are seeing increases in revenue and employment, although the technology has yet to deliver statistically significant gains in productivity or profits within four years of adoption, a new study found on Tuesday.

Merck expands biosafety testing laboratory in Singapore to strengthen services across Asia Pacific

Merck, a global science and technology company, is expanding its Singapore lab to further strengthen analytical and biosafety testing services for customers across the Asia Pacific region.

Malaysia’s AME Elite to build Hyatech’s aerospace and medical device facility in i-TechValley

Malaysia-based integrated industrial space solutions provider AME Elite Consortium Berhad, via its subsidiary Pentagon Land Sdn Bhd, will build a manufacturing facility for HYA Industry (Malaysia) Sdn Bhd, the Malaysian unit of Shanghai-listed Wuxi Hyatech Co., Ltd (Hyatech).

MRCB, TECO team up to develop AI-ready Modular Data Centers in Malaysia

Malaysian Resources Corporation Berhad (MRCB) and Taiwan-based TECO Electric & Machinery Co., Ltd. (TECO) have on Monday signed a memorandum of understanding (MOU) to establish a strategic partnership for the development, deployment and operational validation of next-generation artificial intelligence (AI)-ready Modular Data Centers (MDC), designed to…

U.S. China optics curbs may boost Malaysia manufacturing – analysts

Malaysia could benefit from a proposed U.S. ban on imports of new Chinese optical transceiver models, as global suppliers expand production outside China to support artificial intelligence (AI) infrastructure, analysts said.

AI chip demand emerges key driver of Malaysia’s E&E exports – RHB

Malaysia's electrical and electronics (E&E) export performance is increasingly tied to global demand for artificial intelligence (AI)-driven semiconductors rather than exchange rate movements, underscoring the country's deeper integration into the global chip supply chain, RHB Investment Bank Research said Friday.

CoreWeave expands cloud AI platform to Indonesia, marking first move into Asia-Pacific region

US's artificial intelligence firm CoreWeave, Inc. announced Tuesday its expansion into Indonesia, the company's first data center presence in the Asia-Pacific region.