News

UOB breaks ground on $450M headquarters in Vietnam Ho Chi Minh City’s international financial center

UOB Vietnam, under Singaporean lender UOB, has started construction of its UOB Plaza Ho Chi Minh City, a $450 million tower located within Vietnam's International Financial Center (VIFC), making UOB the first foreign financial institution to invest in headquarters within the VIFC-HCMC precinct.

Lightstorm, Microsoft, Singtel, Tata Communications to build I-2SEA submarine cable linking India, Malaysia, Singapore

Singapore-based Lightstorm, Microsoft, Singtel, and India-based Tata Communications will jointly build a new submarine cable system connecting India, Malaysia, and Singapore, with consortium partners targeting completion in the fourth quarter of 2029.

73% of Southeast Asian employees say leadership is disconnected from actual digital needs: Lark

As many as 73 percent of employees across Southeast Asia feel that leadership is disconnected from their digital needs, as digital transformation is being done to employees rather than with them.

LinqAlpha raises $22M Series A to build AI layer for institutional investors

LinqAlpha, an AI company building "Alpha Intelligence Layer" for global public markets, has raised $22 million in Series A funding anchored by AVP, Atinum Investment, and GFT Ventures

Vienna’s Connecting Software expands global presence with new office in Malaysia

Connecting Software, a Vienna-based software company, has on Thursday announced the opening of their newest international headquarter in Kuala Lumpur, Malaysia – their fifth location and its first in Asia.

France’s ride share group BlaBlaCar expands into 20 new countries including Southeast Asia

France's ride share group BlaBlaCar has on Tuesday announced its expansion into 20 new countries including Southeast Asia.

Ib vogt, AirTrunk deliver Malaysia’s first renewable VPPA for data center

Ib vogt, a global multi-technology renewable energy platform, and Asia Pacific & Middle East hyperscale data center firm AirTrunk, have on Wednesday reached a major milestone under Malaysia’s Corporate Green Power Program (CGPP), with the commencement of commercial operations for a 29.99 MWac solar project supporting AirTrunk’s operations in Malaysia.……

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.