OCBC News

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 winnin...

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 par...

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 ...

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 ...

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 par...

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 Age...

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, win...

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further t...

Singapore has introduced a standard for maximizing the energy efficacy of data centers (DCs) in tropical regions. The Infocomm Media Development Authority (IMDA) standard recommends operating centers at higher temperatures to save energy on cooling. Dr. Janil Puthucheary, Singapore's Senior Mi...

CapitaLand Ascendas REIT (CLAR) is seeking to acquire Seagate Singapore's research and development facility, which includes a data center, for $163.14 million. The facility, known as 'The Shugart' and located in the one-north district of Singapore, was constructed only eight years ago and was ...

Keppel Data Centres has announced that its floating data center park in Singapore has received approval and will proceed. Located at the Loyang Offshore Supply Base operated by Toll Group, the facility was originally proposed back in 2019, which came after a significant investment in Californi...

When it comes to data center cooling, everyone's on the hunt for the latest innovative, efficient tech; and at Singapore's Nanyang Technical University (NTU), its research team is working on the latest solution. The group proposes cooling servers by spraying chips with fluid; dielectric fluid,...

Singapore has announced the end of its data center moratorium and is now accepting new applications for facilities, following Infocomm Media Development Authority (IMDA) and Economic Development Board's (EDB) pilot scheme launch. The moratorium was originally put in place back in 2019 due to S...

Evolution Data Centres has announced the launch of its new Sustainable Data Centre Charter, through which it measures its entire operations, with the aim of minimizing carbon intensity and limiting water usage as the company grows. The charter includes the target of emitting 20 tonnes of carbo...

MetaVerse Green Exchange (MVGX), a crypto exchange regulated by the Monetary Authority of Singapore (MAS), has announced it is teaming up with AI firm Red Dot Analytics, for carbon measurement and to offset tropical data centers.Singapore implemented a three-year moratorium on new data center ...

Although back in 2019,  Singapore introduced a data center moratorium following concerns around energy supplies, in 2022, this moratorium was lifted - with conditions. Part of these conditions was that the country would be more selective over future data center projects. Further details around...

According to Cushman & Wakefield's 2022 Global Data Center Market Comparison report, Singapore now ties with the US's Silicon Valley in its league table of the top data center markets. This means that Singapore is now the top market for data centers in Asia-Pacific, beating Hong Kong (6th ...