investments

ABB Invests USD $1 Million in New Digital Solutions and Training Centre in Singapore

Business News, Digital Transformation /

ABB, a leading global technology company, announced that it is investing USD $1 million to open a Digital Solutions & Training Centre in Singapore, the first of its kind in Asia Pacific for ABB Electrification Service. Amidst global challenges such as energy uncertainty, rising inflation, and aggressive sustainability targets, businesses are under pressure to evolve […]

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CapitaLand Investment Announces New Fund for China Data Centre Development

CapitaLand Investment Announces New Fund for China Data Centre Development

Data Centre /

CapitaLand Investment Limited (CLI) has recently launched the CapitaLand China Data Centre Partners (CDCP), a China data centre development fund. CDCP has committed to investing in two hyperscale data centre development projects in Greater Beijing.  Upon completion, the projects will add approximately S$1 billion to CLI’s funds under management. The establishment of CDCP is in

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Teleport puts US$50M for air logistics company in SEA

Business News /

Capital A Bhd’s logistic venture, Teleport, has recently earmarked a fund of US$50 million from various institutional credit investors to expand its delivery capabilities across borders in key Southeast Asian markets. The money will be used to add more freighters and critical hubs in Indonesia, the Philippines, and Malaysia. It will also be further invested

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