News

Computility Technology (Malaysia) Sdn Bhd (CTDC), BGMC Energy Holdings Sdn Bhd (BGMC), and reNIKOLA have signed a strategic term sheet on Tuesday for a large-scale, long-term green energy supply program, marking a major leap forward for Malaysia’s sustainable infrastructure.

Princeton Digital Group (PDG), a Singapore-based data center operator, announced Wednesday a plan to raise up to $5 billion in debt financing this year to fund its contracted capacity across the region.

Vietnam will prioritize immediate development and deployment of six products, including unmanned aerial vehicles (UAV), 5G network, and Blockchain-tracking application & digital assets, the Ministry of Science and Technology said at a Tuesday meeting on strategic technologies.

To further protect Malaysians against financial scams, Google introduced new certification requirements for financial services advertisers targeting Malaysia.

Mozark, a Singapore-headquartered digital experience testing and measurement company, has raised $40 million in a Series B funding round led by International Finance Corporation (IFC) and RMB Capitalworks, with continued participation from existing investor Kalaari Capital.

The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).

Taiwan's Cooler Master, a computer hardware manufacturer, has invested $200 million in Vietnam's Bac Ninh province and plans to increase the investment to $3 billion.

Singapore-based Equator Renewables Asia (ERA), founded by entrepreneur Frank Phuan, has raised S$50 million to develop large-scale solar, green hydrogen and sustainable industrial zone projects across Indonesia.

AirTrunk, Asia Pacific-based hyperscale data center operator, has secured a JP¥191.6 billion ($1.24 billion) green loan to support the refinancing and continued development of its TOK1 hyperscale data center campus in East Tokyo.

DayOne, a Singapore-headquartered data center developer and operator and Cortical Labs, a biological computing startup in Melbourne, announced Tuesday a partnership to build Singapore’s first major Biological Data Center, a first of its kind outside Australia.