News

Wesco International acquires Singapore’s Newark Engineering for $136M, to expand data center cooling in Southeast Asia

The United States-based Wesco International has completed the acquisition of Newark Engineering Group, a Singapore-based provider of engineered cooling solutions and lifecycle services for data centers, for S$175 million ($136 million).

NTU launches new industry-aligned program in integrated circuit design

To strengthen the digital integrated circuit (IC) talent pool within Singapore’s semiconductor ecosystem, NTU Singapore is launching a new graduate learning pathway in integrated circuit design.

DNB ramps up 5G capacity as it enters next phase

Digital Nasional Berhad (DNB) is increasing the capacity of Malaysia’s 5G network as it activates additional spectrum and expands infrastructure upgrades to support rising demand, the state-backed operator said on Tuesday.

Vietnam’s G-Group to invest $300M in building AI data center campus in Hanoi

Vietnam's G-Group Technology Corporation will build its G-Campus Hoa Lac, a high-tech center and Tier III data center complex specializing in artificial intelligence and high-performance computing, with total investment of VND7,600 billion ($300 million).

AI, energy & security are set to drive the next wave of strategic investments, says HSBC Private Bank

AI, energy and security are expected to drive the next wave of strategic investments and support global economic and corporate earnings growth, according to HSBC Private Bank. Rising global competition and national security priorities are creating the urgency, funding and policy support needed to sustain capital market activities. The bank also expects an…

Malaysia launches program to accelerate next generation of homegrown semiconductor firms

Malaysian Technology Development Corporation Sdn. Bhd. (MTDC) has on Wednesday officially launched SemiconStart Malaysia, a national semiconductor incubation program designed to support the growth of high-potential Malaysian and Malaysia-based semiconductor ventures in higher-value segments of the global semiconductor value chain.

Ant International opens Global Development Centre in Kuala Lumpur, backed by 1,500 fintech roles

Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.

Philippines firms accelerate AI adoption, only 17% can recruit enough AI talent: Aon

As many as 72 percent of organizations in the Philippines have already deployed or are piloting artificial intelligence (AI), yet only 17 percent say they can recruit and retain enough AI-skilled talent.

90% of IT leaders see gaps in AI threat defense: Lenovo

As many as 90 percent of IT leaders acknowledge gaps in their ability to defend against AI-driven threats, according to the "Reinforcing the Modern Workplace global: How to Identify and Combat AI Threats" report conducted by technology giant Lenovo.

Malaysia’s fintech firm Ascertain Group expands to Indonesia, Oman, India

Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure.