KKR to Acquire Stake in SingTel’s Regional Data Centre Unit for USD 807 million
KKR, a global investment firm, is set to acquire a 20% stake in Singapore Telecommunications (SingTel)’s regional data center business for SGD 1.1 billion (USD 0.8 billion), placing the overall value of SingTel’s regional data center business at USD 5.5...
Indonesia Cooperates with Finland to Make Nusantara a Smart City
The Nusantara Capital City Authority (OIKN) is collaborating with Finland’s Smart City Innovation Cluster (SCIC) to build Indonesia’s new capital, Nusantara, a smart city. According to OIKN’s Deputy for Green and Digital Transformation, the...
The Department of Transportation Earmarks USD 3.1 Billion for Infrastructure Development
The Department of Budget and Management said a total of PHP 176.4 billion (USD 3.1 billion) from the Department of Transportation’s (DOTr) proposed 2024 allocation amounting to PHP 214.3 billion (USD 3.8 billion) would go to its Public Sector Infrastructure budget,...