Gojek and Tokopedia, two of Indonesia’s most valuable tech companies, have agreed to merge and create the GoTo Group. The new combined entity will be the biggest privately held technology company in the South East Asian region and account for about 2% of...
On 6 May 2021, the Malaysia Digital Economy Corporation (MDEC) and the Australian Trade and Investment Commission (Austrade) organized a virtual event for tech companies from both countries to promote digital market potential through the Australia-Malaysia Tech...
The Philippines’ broadband and mobile internet speed have continued to improve as of April 2021 as shown in the Speedtest Global Index by Ookla, according to a statement issued by the National Telecommunications Commission (NTC) in May 2021. In Ookla’s April 2021...
UpGrad, an edtech startup founded in 2015, has raised USD 120 million from Singapore-based Temasek in its first external fundraising. The company plans to use the new funds to explore merger and acquisition deals and bankroll its expansion efforts into the US, UK,...
HTC International Telecommunication JSC (HTC-ITC), a subsidiary of the Hanoi Telecommunications Corporation (Hanoi Telecom), has officially implemented its Hoa Lac Green Data Center I in Hanoi. This is the first data center in Vietnam that meets Uptime...
Chinese cloud service provider Tencent Cloud has opened a new data center in Indonesia to tap the growing demand for cloud computing services in South East Asia’s biggest economy. Located in Jakarta’s central business district, the new data center is the...
In 2020 Vietnam recorded the highest rate of new digital service consumers among South East Asia countries. According to a report published by Google, and Temasek and Bain & Company, Vietnam’s digital economy reached a total value of USD 14 billion in 2020,...
Local fiber broadband provider Converge ICT Solutions Inc. is investing USD 100 million (around PHP 5 billion) in the joint development of a cable landing system in the southern Philippines with Singapore’s Keppel Midgard Holdings Pte. Ltd. (KMH). KMH is a part...
Tech giant Microsoft Corporation has announced USD 1 billion investment in Malaysia under a new partnership program with the government agencies and local companies to implement digital transformation plans in the country over the next five years, including...
Global technology services company NTT, in partnership with Japan Network Access Point (JPNAP) and Bangkok Neutral Internet eXchange (BKNIX), has unveiled its new Bangkok 2 Data Center. Having a total floor area of 3,800 m², NTT’s Bangkok 2 Data Center is the...
Headquartered in Singapore, ST Telemedia Global Data Centres (STT GDC) is set to complete the construction of its eighth data center facility, STT Defu 3, at its flagship Defu campus by the third quarter of 2022. STT GDC is one of the fastest-growing data center...
Fiber internet provider Converge ICT Solutions Inc. allocated PHP 20 billion (USD 413 million) in capital expenditures this year for its nationwide expansion, up from PHP 16 billion (USD 330 million) in 2020. 30% of the capex would fund Converge ICT’s backbone...
