AirTrunk bets big on Singapore, aims to treble headcount

‘Singapore is a priority’: Data centre giant AirTrunk to treble its workforce here to nearly 350 by 2030

The hyperscale specialist aims to treble headcount in the Republic to nearly 350 by 2030 [SINGAPORE] Australian data centre player AirTrunk is betting big on Singapore. Its billionaire founder and chief executive Robin Khuda said that the company has invested roughly S$3 billion to date and that if there is an opportunity, “we have the…

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China’s ByteDance gets access to top Nvidia AI chips, WSJ reports

China’s ByteDance gets access to top Nvidia AI chips, WSJ reports

Published Fri, Mar 13, 2026 · 11:58 AM TIKTOK’S Chinese parent ByteDance is assembling computing power with top Nvidia chips outside China, the Wall Street Journal reported on Thursday. ByteDance is working with South-east Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totaling roughly 36,000 B200 chips, the WSJ…

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Asia set to pledge US$30 billion in energy, mineral deals with US

Asia set to pledge US billion in energy, mineral deals with US

Overall, some 18 nations are set to participate, including Australia, Bangladesh and South Korea Published Fri, Mar 13, 2026 · 11:36 AM [WASHINGTON] Japan and other Asia-Pacific nations are set to unveil at least US$30 billion worth of agreements with US companies this weekend, as Trump administration officials descend on Tokyo to press for more…

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China’s BYD open to building cars in Canada, buying out rivals

China’s BYD open to building cars in Canada, buying out rivals

The automaker has grown to prominence by producing both all-electric and hybrid gas-electric vehicles Published Fri, Mar 13, 2026 · 10:38 AM BYD, China’s largest car manufacturer, is actively considering building a plant in Canada while also keeping its options open to acquire a more established global automaker. The Shenzhen-based automaker is studying the Canadian…

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Addvalue to expand satellite business in Singapore

Addvalue to expand satellite business in Singapore

It aims to realise the business’ full potential via strategic options, particularly US opportunities [SINGAPORE] Satellite communications company Addvalue Technologies aims to unlock market value from its Inter-Satellite Data Relay System (IDRS) business. On Friday (Mar 13), the mainboard-listed company announced plans to realise the full potential of the IDRS business, adding that it has…

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Malaysia says airlines may suspend some flights on fuel costs

Malaysia says airlines may suspend some flights on fuel costs

Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke says Published Fri, Mar 13, 2026 · 10:06 AM [KUALA LUMPUR] Malaysia said that airlines may need to suspend some flights if the Middle East war pushes fuel costs significantly higher. Jet fuel accounts for almost half of airlines’ operating…

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Gold set for second weekly decline as oil prices rally further

Gold set for second weekly decline as oil prices rally further

Bullion has still gained around 18% so far this year and has largely held above the US$5,000-an-ounce threshold Published Fri, Mar 13, 2026 · 09:52 AM GOLD was headed for a second weekly decline as the US dollar strengthened and the ongoing war in the Middle East forced oil prices higher. Bullion edged above US$5,100…

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Meta delays rollout of new AI model after performance concerns

Meta delays rollout of new AI model after performance concerns

Its rivals Google, OpenAI and Anthropic are acknowledged as ahead in foundational AI models [SAN FRANCISCO] Mark Zuckerberg, CEO of Meta, said in July that his company’s new artificial intelligence models would “push the frontier in the next year or so.” Now Zuckerberg — who has invested billions in the AI race — appears increasingly unlikely…

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