On location
Singapore’s data center firm PDG targets $5B debt raise
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 prioritizes UAV, 5G, Blockchain as key products for immediate development
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.
Google to require verification for financial ads in Malaysia
To further protect Malaysians against financial scams, Google introduced new certification requirements for financial services advertisers targeting Malaysia.
CIMB sees minimal direct impact on regional tech sector from Middle East war
CIMB Securities said Tuesday it believes the ongoing conflict in the Middle East will have minimal direct impact on the regional tech sector given the region’s limited semiconductor manufacturing footprint.
Singapore-based testing platform Mozark raises $40 million in Series B funding to support global expansion
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.
Vietnam’s top billionaire Pham Nhat Vuong & family establish $1.7B holding company GSM VN
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 plans $3B investment in Vietnam, with 40,000 workers
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 raises $39M for solar, green hydrogen, sustainable projects in Indonesia
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 secures $1.24B green loan for hyperscale data center campus in Tokyo
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.
Datacom market boom to boost Malaysia’s tech space – Kenanga
Kenanga Research said Tuesday that the global datacom market boom will spur Malaysia's technology space.
