News

Google plans to invest $1B to build data center and cloud region in Thailand

Google has on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand with the development of its cloud and data center infrastructure in Bangkok and Chonburi.

Singapore’s Sleek secures $5M in debt financing led by Fintech Nation Fund

Singapore FinTech firm Sleek has secured $5 million in debt financing, led by the Singapore-based Fintech Nation Fund, to power its continued growth.

ALVA partners Google Cloud to enhance customer experience and support Indonesia’s green mobility transition

ALVA, a mobility solution provider for two-wheeler electrification, has on Monday announced a strategic collaboration with Google Cloud aimed at boosting customer experience, loyalty, and demand for its electric two-wheelers.

HeiTech Padu acquires 30% stake in Islamic payment firm Souqa Fintech for $3.94M

Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).

Singapore steps up participation in global offshore wind development with new partnership

Enterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI) and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding (MOU) to expand Singapore’s network with the global offshore wind sector and foster more project and innovation opportunities between Singapore and international…

Bursa Malaysia reviews listing requirements in tandem with National Sustainability Reporting Framework

Following the launch of the National Sustainability Reporting Framework (NSRF) in Malaysia, Malaysian stock exchange said it is reviewing listing requirements in tandem with the framework.

SecurityGen partners NEC to strengthen cybersecurity operations for Indonesian telcos

SecurityGen, a global telecom cybersecurity firm, and PT NEC Indonesia, an information technology (IT) network and artificial intelligence (AI) technologies and a multi-vendor system integrator, have announced a partnership to strengthen telecom network defences across Indonesia.

US investment firm BlackRock sees growth in Asian infrastructure on AI boom – report

The surge in electricity demand is outrunning the available power supply in many parts of the world, leading to growing concerns of outages and price increases for the most data center dense regions, Bloomberg reported.

Malaysian data center market to further expand on demand surge — CBRE

Malaysia offers vast land areas which are affordable, plenty of power and water resources, as well as greater connectivity for data center operation.

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Vietnam says SpaceX’s Starlink plans $1.5B investment – report

Vietnam’s government said last year that SpaceX was interested in providing the country with its low-Earth orbit satellite service.