Showing 1 - 10 of 76
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
Thailand cornerstone market for Yindii
Business, Boonsong Lipimas, Published on 25/12/2025
» As Southeast Asia confronts growing food waste and rising living costs, Yindii, Asia's No.1 food surplus marketplace, closed 2025 with strong growth and measurable impact across the region.
Tourist arrivals from Kazakhstan targeted for growth
Business, Molpasorn Shoowong, Published on 18/12/2025
» Despite a slowdown in visits by tourists from Kazakhstan, the Tourism Authority of Thailand (TAT) still targets at least 5% growth next year, coinciding with strong long-haul arrivals that already set a record high of 10 million this year.
Traders on sidelines awaiting Fed signals
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 23/08/2025
» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.
Shares advance on optimism about China-US talks
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 03/05/2025
» RECAP: Asian shares rose to the highest level in a month and US equity-index futures advanced yesterday after China said it is evaluating trade talks with the US, boosting optimism that tariff tensions will cool.
Data centre co-location market to hit $652m by 2029
Business, Suchit Leesa-nguansuk, Published on 28/04/2025
» Thailand's data centre co-location market has a projected value of US$652 million by 2029, driven by demand for greater processing power to handle artificial intelligence (AI) workloads, says ST Telemedia Global Data Centres (STT GDC).
ST Telemedia Global Data Centres lines up 3rd data centre facility
Business, Suchit Leesa-nguansuk, Published on 04/03/2025
» ST Telemedia Global Data Centres (Thailand) is investing US$240 million in the construction of STT Bangkok 2 -- its third data centre facility in Thailand -- to support the demand of next generation computing.
Siam.AI to invest B70bn to expand Thailand AI infrastructure
Business, Suchit Leesa-nguansuk, Published on 13/02/2025
» Siam.AI Cloud, Bangkok based artificial intelligence (AI) cloud provider, plans to invest 70 billion baht this year on the expansion of its AI-ready infrastructure to turn Thailand into an AI hub in Southeast Asia.
Gulf, Google unite to develop sovereign cloud service
Business, SUCHIIT LEESA-NGUANSUK & Yuthana Praiwan, Published on 28/06/2024
» The partnership between Gulf Energy Development (Gulf) and Google Asia-Pacific to launch an artificial intelligence (AI)-enabled sovereign cloud service in Thailand aims to tap a new market for those needing digital sovereignty amid geopolitical conflicts while capitalising on Thailand's Cloud First policy.
STT GDC ready for AI-enabled data centre
Business, Suchit Leesa-nguansuk, Published on 25/06/2024
» STT GDC Thailand has announced its readiness for an artificial intelligence-enabled data centre to support demand for growing AI usage.