Building infrastructure or selling land to operators, developers compete for data center finance
Exclusive report: @Jungle lee
[Data Center Series (Part 1)]
As the housing market has become more and more crowded, it just so happened that data centers are on the rise, drawing attention to the already active industrial industry. Nowadays, companies in different industries make major announcements almost every week, either announcing construction or investing in data centers. The market is hot.
The market has shown a will to develop data centers in different regions of China, and ongoing digital transformation initiatives are also promoting potential large-scale data centers to enter the Malaysian market. This trend and opportunity has shaped the future of Malaysian data centers.
Industrial companies never do business at a loss; they can only invest if they have business opportunities. With a large number of basements, particularly in Johor and Klang Valley, as well as financially sound developers, there is a better chance to seize the opportunity and diversify revenue when this data center storm blows.
As the Singaporean government banned the construction of new data centers in 2019 and conditionally lifted the ban in 2022, Johor, which is close to the water tower, is leading the whole of Malaysia due to its benefits in data center development, and Cybercity, a technology hub, is also catching up in this regard.
As a long-term operating data center, it is expected to become the new favorite of the industrial industry, but how can it attract large industrial companies to enter the market? What factors at home and abroad are stimulating its growth? Can China's hydropower, optical fiber, and digital infrastructure keep up with this surge in demand?
The “Nanyang Commercial Daily” data center series report gave way...

Genting Singapore confirms interest in developing a UAE casino resort
$Genting Sing(G13.SG)$Genting Singapore Executive Chairman Tan Sri Lam Cathay said Genting Singapore is indeed interested in developing an integrated resort in the United Arab Emirates (UAE).
According to the financial weekly “The Edge”, Lin Guotai pointed out at the shareholders' meeting held last Friday in response to shareholders' questions about the company's international expansion plans.
Regarding the upcoming Sentosa Resorts World (RWS) 2.0 expansion, he also said that it should not be viewed as a casino expansion; a large portion of the investment was to expand non-casino portfolios in line with Singapore's strategy to become an activity-driven travel destination.
Lin Guotai explained that the bid conditions for operating Resorts World Sentosa in Singapore were for integrated resorts, not just casinos.
He anticipates that more countries will follow Singapore's example and support the development of integrated resorts.
The landscape of the global casino industry has changed.”
“In this regard, since the company is a Singaporean company and has extensive experience in integrated resorts, it is well-positioned to bid for related projects.”
For investments in the UAE, he believes it is “unlikely that there will be an international tender for a casino development project.”
“Genting Singapore is happy to use its experience in non-casino products to develop integrated resorts in the Middle East.”
In addition, he revealed that he will be more cautious about the Thai market and will wait until the details of the regulatory framework are clarified and discussed...

$Crude Palm Oil APR4(FCPO2404.MY)$ prices continued their upward momentum in Wednesday, marking a rise for the fourth consecutive trading day. The advance was propelled by the strength in soybean oil futures on the Chicago Board of Trade and the Dalian Commodity Exchange. Palm oil prices are still at elevated levels. Will this rising trend continue into April?
Mix of Positive and Negative Drivers in Market Demand
According to AmSpec A...