On location

Shenzhen–Hong Kong–Guangzhou retains top spot in WIPO innovation cluster ranking

Shenzhen–Hong Kong–Guangzhou has retained the top spot in WIPO’s 2026 ranking of the world’s largest innovation clusters.

Universal Quantum picks Singapore for first R&D center outside Europe

Universal Quantum will establish its first dedicated R&D center outside Europe in Singapore, which will also become the company’s Asia-Pacific hub.

Zankore secures up to $3.1B financing for Southeast Asia AI infrastructure buildout

Zankore has signed a senior term loan facility of up to $3.1 billion and is building an initial 100 MW of NVIDIA AI infrastructure in Indonesia.

Hong Kong’s Reap launches ledger for spending bitcoin and other virtual assets by card

Hong Kong-based Reap has launched a Virtual Asset Ledger that lets card-issuing clients make bitcoin and other virtual-asset balances spendable at the point of sale.

Malaysia targets $5B in GDP gains from AI annually: Communications Minister

Malaysia is targeting as much as MYR20 billion ($4.7 billion) a year in additional economic output from artificial intelligence (AI) by 2030 and wants to shift from building data centres to applying AI across its economy.

Singapore data center annual investment to reach $19.2 billion in 2050 – PwC

PwC has forecasted annual data center investment in Singapore to reach $19.2 billion in 2050, in real 2025 prices, up from approximately $7 billion in 2026.

Vietnam seeks to halt rare earth export

Vietnam's Ministry of Industry and Trade suggested that rare earth minerals stay off the list of minerals permitted for export in the current period, without details of the length of the "current period."

Philippine EV adoption to accelerate despite charging infrastructure constraints – BMI

BMI Country Risk and Industry Research has forecasted electric vehicle (EV) sales in the Philippines to increase by 11.2 percent year-on-year in 2026, from 29,479 units to 32,776 units.

Zeekr Malaysia, SkyPark to utilize luxury EV for VIP airport transfers in Subang

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.

Hong Kong-based events firm BUUU to buy 60% of data-center maker Brightray, move to Singapore

Nasdaq-listed BUUU Group, a Hong Kong-based events and stage-production company, will buy a 60 percent stake in Brightray Science, a maker of prefabricated modular data centers, and will relocate its headquarters to Singapore.