TM Nxera tops out AI data center in Johor
TM Nxera has topped out its AI-ready data center in Iskandar Puteri, Johor, recently, its Linkedin post says. TM Nxera is a joint venture between Singtel through its data center arm, Nxera, and Telekom Malaysia (TM). The data center was initially announced in June 2024 following which it broke ground in July of the same year. […]
ZTE and CIMB ink MOU to support 5G and digital infrastructure deployment across ASEAN
ZTE Corporation, a global ICT firm has signed a Memorandum of Understanding (MoU) with CIMB Bank Berhad (CIMB) to establish a framework to support digital infrastructure development across ASEAN particularly 5G networks, ZTE says in a press statement yesterday. The partnership leverages ZTE’s telecommunications capabilities and CIMB’s leadership in financing and banking solutions to explore […]
Why Singapore is building data centers on Jurong Island
Singapore’s plan for a 700MW data center park on Jurong Island is as much about kickstarting a renewables economy as it is about expanding capacity. Jurong Island is one of the world’s largest energy and chemicals hubs, housing over 100 companies with investments of more than S$50 billion. It is also the site of a […]
‘Johor and Singapore to benefit most from Middle East shift to safe havens’
The Johor-Singapore Special Economic Zone (JS-SEZ) is anticipated to pull much of the digital infrastructure shift away from the Middle East, some market observers based in Malaysia have opined. They have pointed out that despite the energy and supply chain crises now engulfing the world, the pace of development of the JS-SEZ has not slowed […]
Yovole and Fortera Capital to invest US$ 8 billion in Singapore AI push
Singapore-headquartered data center service provider Yovole International and China-based Fortera Capital asset management firm have jointly agreed to invest over S$ 10 billion (about US$ 8 billion) over the next five to 10 years to scale artificial intelligence on an industrial scale across Asia Pacific, the firms announced today in a joint statement. The companies […]
Digital Realty targets US$5.5 billion AI investment in Singapore
NYSE-listed data center platform Digital Realty today announced it is targeting nearly S$7 billion (US$ 5.5 billion) of total investment in Singapore, including S$4.3 billion (US$3.4 billion) specifically for data center new builds. The firm also plans to launch a Digital Realty Innovation Lab (DRIL) in 2H 2026 to allow customers to develop, test and validate […]
NTT DC REIT mulls buying data centers in Frankfurt and Tokyo
Singapore-listed NTT DC REIT is mulling the purchase of data centers in Frankfurt and Tokyo, according to Yutaka Torigoe, CEO of the REIT manager during a webinar with potential investors yesterday. The proposed acquisitions are part of the real estate investment trust’s (REIT) growth strategy to increase Tier 1 market exposure through acquisitions of high […]
AirTrunk hires Citigroup, DBS, Jefferies for Singapore REIT IPO: Report
Australia-based data center operator AirTrunk has appointed Citigroup, DBS Group Holdings and Jefferies Financial Group to help prepare for a real estate investment trust (REIT) listing in Singapore that could raise US$1.5 billion, according to Bloomberg quoting people familiar with the matter. The initial public offering (IPO) might take place some time this year, the […]
BDx secures US$320 million loan to fund data centers in Asia
Data center operator BDx Data Centers has closed a US$320 million loan facility which will be used to fund its data centers in Asia, the firm says in a press release yesterday. The loan facility was led by Bank Permata, BCA, and KB Bank. The loan will benefit CGK3, BDx’s AI-focused data center campus in […]
True IDC breaks ground on US$ 2.4 billion data center in Thailand
Thailand-based True Internet Data Center Co., Ltd. (True IDC), has broken ground on a 250 MW AI hyperscale data center to be built at a cost of 77 billion THB (US$ 2.36 billion) within the Eastern Economic Corridor (EEC). According to the company’s recent press release, the first phase of the Board of Investment (BOI)-approved […]