Business
Alibaba Cloud to start second data centre in South Korea by June
The company operates 87 availability zones across 29 global regions and is China’s largest cloud provider Alibaba Group Holding will open…
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centre
Business
Malaysia to build 50% more gas-fired power capacity to meet data centre demand
Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data…
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The women at the centre of Somalia's construction boom
Construction is booming in Somalia's capital city and as Mogadishu literally rises from the ashes of its violent past it is also giving…
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Porsche Auctions Bespoke 911 GT3 RS for Charity Ahead of Toronto Experience Centre Opening
Read the full story on Modern Car Collector Porsche Cars Canada is celebrating the grand opening of its Porsche Experience Centre (PEC)…
Business
Apac data centre boom straining power grids; reliability key to site selection: report
Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across…
Business
Apac’s data centre boom threatens to strain power grids, reliability at risk: report
Asia Pacific’s (Apac) soaring demand for data centres and other energy-intensive sectors is starting to weigh on power systems across the…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
News
Hamas authorities say 24 killed near Gaza aid distribution centre
Reports from Gaza say that Israeli soldiers have again killed Palestinians near a distribution centre for humanitarian aid. At least 24…
News
Reports: Civilians killed near aid distribution centre, northern Gaza
At least sixteen people were killed and several others injured in the city of Jabalia in northern Gaza as reports emerged that people were…
Business
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will…
Business
Shopee's SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express…
Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
Business
TSMC to open chip design centre in Munich, could later support AI development
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design…
News
Israeli troops open fire as aid group loses control of distribution centre
Israeli troops have opened fire near thousands of hungry Palestinians as a logistics group chosen by Israel to ship food into Gaza lost…
Business
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT)…
Business
AI could account for nearly half of data centre power usage ‘by end of year’
Artificial intelligence systems could approach accounting for half of data centre power consumption by the end of this year, according to…
Business
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage…
News
False posts about 'attack' on Pakistan army centre misuse unrelated fire clip
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
News
S$800m rail test centre opens, allows trains and rail systems to be tested in Singapore
Trains and rail systems can now be tested in Singapore, with the completion and opening of a new S$800 million test centre in Tuas. Opened…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that…
Business
German retailer Otto to lay off 480 call centre employees
The logo of the Otto Group is displayed at the company headquarters against a blue sky. Otto, one of Germany's biggest e-commerce players,…