May 17, 2024 Indonesia
UAE data center firm Edgnex, a Damac-owned firm officially announced its investment into the Indonesian market at the Indonesia Cloud & Datacenter Convention this week.Hussain Sajwani, founder and chairman of Damac Group, said: "Edgenex identifies and invests in current and next-generation...
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May 08, 2024 Philippines
Philippines Long Distance Telephone Company (PLDT) has secured a green loan from Metropolitan Bank & Trust Co. (Metrobank) worth 4 billion pesos ($69 million). Proceeds from the loan will be used toward expanding PLDT's fiber footprint, as it seeks to "narrow the country's digital divide, but...
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April 23, 2024 Malaysia
Malaysian firm Axis Real Estate Investment Trust (Axis-REIT) announced this week that it has sold a former steel complex in Johor to a data center operator in a deal valued at RM162 million ($33.9m) and is set to close in the second half of the year. The buyer wasn’t named, but the terms of the...
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April 09, 2024 Singapore
Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winning...
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April 08, 2024 Singapore
Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of...
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March 25, 2024 Indonesia
NEC has signed a memorandum of understanding (MoU) with Telkom Indonesia as part of a collaboration to develop smart cities in Indonesia's new capital city, Ibu Kota Nusantara (IKN). According to NEC, the MoU aims to "create a more sustainable and livable environment for citizens by adopting...
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March 07, 2024 Philippines
Philippines conglomerate SM Investments Corporation (SMIC) announced that it is looking at moving beyond retail redevelopment into data centers, and is planning at least one development in Batangas, south of Philippines capital Manila. SMIC president and CEO Frederic DyBuncio said to the press,...
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March 05, 2024 Singapore
Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this...
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March 04, 2024 Indonesia
Cable operator and Citramas Group BW Digital this week announced that it has acquired a new land for data center construction and has signed a memorandum of understanding (MoU) for the ‘joint development of a carrier-neutral digital ecosystem’ in Batam’s Nongsa Digital Park (NDP), which Citramas...
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February 27, 2024 Malaysia
APAC operator Bridge Data Centres has revealed new plans for further expansion in Malaysia with a new facility in Cyberjaya. The ChinData subsidiary said the project will offer 87MW across three phases, with the first two phases involving the construction of a three-story data center. “We are...
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February 27, 2024 Singapore
Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark...
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February 21, 2024 Malaysia
GDS this week announced a 21-year Virtual Power Purchase Agreement (VPPA) with Malaysian renewable energy firm, Cenergi SEA Berhad (Cenergi), under Malaysia’s Corporate Green Power Programme (CGPP). Under the agreement, GDS has subscribed to 22.5MWac of renewable power for its Nusajaya Tech Park...
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February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
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December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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December 08, 2023 Malaysia
Chinese data center developer and operator GDS has raised MYR1.27 billion ($270m) in green financing for its Nusajaya Tech Park data center in Malaysia. The finance was secured from four financial institutions: UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and...
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December 04, 2023 Malaysia
Malaysian telco Axiata Group Berhad announced last week that it has entered into an unconditional sale and purchase agreement with Spectrlite UK Limited for the sale of Reynolds Holding Limited, which owns approximately 80 percent equity stake in Ncell Axiata Limited. The company mentioned that...
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December 03, 2023 Jakarta
Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 of...
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November 03, 2023 Batam
Real estate private equity firm Gaw Capital Partners and Indonesian developer Sinar Primera announced a partnership this week to build a data center in Batam, Indonesia. Gaw will be acting as the primary investor in this partnership with Sinar Primera as the development manager will take a...
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October 27, 2023 Vietnam
State-owned telco Vietnam Posts and Telecommunications Group (VNPT) announced the launch of a new 23,000-square-meter data center campus outside Hanoi this week. The new Tier III facility known as VNPT IDC Hoa Lac – in the Hoa Lac High-Tech Park in the Thach That district, Ha Tay province, can...
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