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Vocus announces Darwin-Jakarta-Singapore Cable, Northern Australia’s first international submarine cable

Vocus, an Australian specialist fibre and network solutions provider has signed construction contracts for a new $100 million, 1,000 km cable linking the Australia Singapore Cable (ASC) to the North West Cable System (NWCS) in…

PAG Real Estate & Kris Kumar to launch a New Digital Infrastructure Venture

PAG Real Estate, a leading Asia-focused private investment manager, and Kris Kumar have launched a regional platform to capitalise on the rapidly growing demand for digital infrastructure in Asia. Kris is a globally recognised pioneering…

PVcomBank and CMC Telecom successfully implement AWS Cloud Services

Vietnam’s PVcomBank and CMC Telecom have successfully deployed the OpenShift-based service integration backbone (ESB) on the AWS cloud. PVcomBank is a fully licensed and regulated bank in Vietnam with comprehensive core banking products and services.…

Thailand’s Gulf Energy Development enters telco sector by acquiring 42.2% stake in InTouch

Thailand’s largest private power producer Gulf Energy Development has entered the country’s telco sector. In a tender offer that closed on Wednesday, Gulf Energy secured subscriptions for 747 million shares, or 23.3 per cent of…

How shifting of Enterprise Data to Cloud is fueling Vietnam’s DC market

Vietnam has gained fame as a country that has resilience in-built in its DNA. Resilience was witnessed in the American invasion in the 70s. Flash forward to 2021 and the country has transformed into one…

SGX and TNS to expand range of hosting, colocation & connectivity for traders

Singapore Exchange (SGX) and Transaction Network Services (TNS) will be working together to expand a range of hosting, colocation and connectivity options for traders who wish to access SGX’s derivatives and securities markets. TNS can…

Keppel Corporation to acquire Singapore Press Holdings Limited for USD $1.6 billion

Keppel Corporation is set to acquire Singapore Press Holdings Limited for USD $1.6billion (S$2.2bn). Singapore Press Holdings owns a property portfolio comprising retail, student accommodation, senior living, and data center assets (Genting Lane). This acquisition…

Options to support Top-Tier Investment Bank’s FX expansion in Singapore

Options, a leading provider of Ultra-Low Latency (ULL) connectivity to the financial services (FS) markets has been chosen by a global top-tier bank. This bank has expanded its foreign exchange (FX) footprint into Singapore. Abry…

Singapore and Sustainability: Two to Tango

The year 2021 can be defined as a year when businesses are putting in place strategies that can help them thrive in the ‘New Normal’. Every business, from across sectors, is now embracing ‘digital’ as…

PLDT eying sale of tower assets for US$800 million

Philippines’ biggest telecommunications and digital services provider by market value PLDT is looking to sell its local towers. According to Bloomberg, PLDT is looking at a deal that would fetch about US$800 million to 1…