News
Moody’s foresees South and Southeast Asia’s data center to grow at CAGR of 24 percent over next four to five years
Moody's Ratings expects South and Southeast Asia's data center will grow at a compound annual growth rate (CAGR) of 24 percent over the next four to five years, subject to power and permitting constraints.
HSBC launches $4B clean energy facility, targeting China-Vietnam green trade
HSBC has launched a dedicated credit facility of $4 billion for mainland China companies in the clean energy and low-carbon sectors, with Vietnam identified as a key destination for the initiative.
Google Cloud opens Southeast Asia AI corridor, offering 25 Startups $350,000
Google Cloud has launched a new cross-border accelerator program, in order to connect 25 Southeast Asian AI startups with technology and investment hubs in California, offering each selected founder up to $350,000 in cloud credits.
AirAsia MOVE, Intebix, Solana Foundation team up to explore stablecoin integration in Kazakhstan
AirAsia MOVE, Intebix, and the Solana Foundation have on Monday signed a letter of intent (LOI) to explore a strategic collaboration which will explore integrating Evo (KTZE), a Tenge-denominated stablecoin on Solana into the AirAsia MOVE platform in Kazakhstan, with the aim of expanding digital payment options and creating a more seamless travel…
Singapore’s Mapletree Industrial Trust sells Philadelphia data center for $14.5M
Singapore-based Mapletree Industrial Trust (MIT) will divest from a data center property in Philadelphia, Pennsylvania, the United States for $14.5 million.
A*STAR, Commonwealth Fusion Systems sign collaborative research agreement to advance fusion supply chain capabilities in Singapore
Singapore is strengthening its position in the emerging fusion energy ecosystem through a strategic research agreement between the Agency for Science, Technology and Research (A*STAR) and Commonwealth Fusion Systems (CFS), the private fusion energy company that has raised about S$3.85 billion ($3 billion) from prominent investors, including Temasek and…
Malaysia’s Bank Rakyat inks deal with strategic partners for Fintech Community Hub initiative
Malaysia's lender Bank Rakyat has continued to strengthen its digital transformation agenda through the signing of a memorandum of understanding (MoU) with strategic partners including the Fintech Association of Malaysia (FAOM), Plug and Play, and PayNet, for the implementation of the Bank Rakyat Fintech Community Hub initiative.
AWS signs first Malaysian solar deal, powering 50,000 homes with 23 MW plant
Amazon Web Services (AWS) has signed its first carbon-free energy agreement in Malaysia with Elphil Energy, an affiliate of Asiabina Group, for a 23-megawatt solar project in Sungai Siput, Perak.
Malaysia’s TNB to strengthen grid, expand renewables for AI economy
Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Thursday it will continue to focus on strengthening grid resilience, expanding renewable energy capacity, advancing regional energy connectivity and enabling the growth of new industries, including the digital and artificial intelligence (AI)-driven economy.
Amazon seeks to deploy low-earth orbit satellite Internet in Vietnam
The United States giant Amazon is studying plans to deploy low-earth orbit satellite internet services in Vietnam, said David Zapolsky, Chief Global Affairs & Legal Officer at Amazon.
