Asia

Knight Frank’s Asia-Pacific Data Center report showed Wednesday that in the first half of this year, the region secured nearly 13 gigawatt (GW) of new project announcements, a 160 percent increase and more than double the 5GW announced in the same period last year.

Ant International, a Singapore-based global digital payment firm, AlipayHK, Hong Kong’s e-wallet, and TNG eWallet, Malaysia’s e-wallet, are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments.

Vantage Data Centers, a global provider of hyperscale data center campuses, announced Thursday that it has secured a $1.6 billion investment to scale its Asia-Pacific (APAC) platform.

Twenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group.

WGSN, a global business intelligence and insights firm, announced Wednesday the expansion of access to its artificial intelligence (AI)-powered fashion buying platform to buyers across Asia’s major markets, including India, China, Japan, Korea, and Southeast Asia.

The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest.

MetaComp, a licensed cross-border foreign exchange and digital assets infrastructure provider headquartered in Singapore, and OSL Group, a Hong Kong-listed global compliant digital financial infrastructure platform, have announced a strategic partnership to foster compliant cross-border digital asset infrastructure between the two countries.

Wellous said the collaboration covers consumer insight-sharing for target markets, co-development of new business approaches, brand reputation building, as well as authorised sales and promotion of Jung Kwan Jang products by Wellous in designated countries.

Airwallex, a global financial platform for modern businesses, announced Wednesday the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics.

Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.