In September 2011, we announced that we had acquired 2.45 hectares of land in Jurong West, with plans to build a data center. We’re now busy building, and we plan to complete construction in early 2013. Building this first data center in Southeast Asia is an exciting step for us. More new Internet users are
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SINGAPORE—Google Inc. will invest US$120 million in a data center in Singapore, the first of its kind in Southeast Asia, executives of the Internet search giant announced Thursday, in a move to significantly expand operations in Asia. The data center, which is slated for completion in early 2013, will be the third of its kind in
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THE STRAITS TIMES, SINGAPORE | Huang Lijie Universal Studios Singapore will be launching the world’s first theme-park attraction based on popular sci-fi franchise Transformers on Dec 3, 2011. Transformers The Ride will celebrate its world premiere at an exclusive evening event on Dec 2 with Michael Bay – director of the hit movies – headlining the
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Josh Lowensohn, 2011 When Apple co-founder Steve Jobs stepped down from his role as CEO two months ago, the immediate question “was what happens to Apple next?” With Jobs’ passing yesterday, the company now faces that scenario. From an outsider’s perspective, the near-term seems clear. The company says it has a succession plan, which it enacted in
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Hong Kong and the United States beat Singapore to take the first spot in an annual ranking of the world’s most competitive countries and regions. In the 2011 edition of the World Competitiveness Yearbook (WCY) released Tuesday by the Lausanne-based Institute for Management Development (IMD), Singapore slips two spots to rank as the third most
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The latest survey by the Bank for International Settlements (BIS) ranks Singapore as the fourth largest foreign exchange (FX) centre globally and the second largest FX centre in Asia, after Tokyo. The survey showed that the average daily foreign exchange (FX) turnover volume in Singapore was US$266 billion ($360.38 billion) during April 2010 compared to
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Wall Street Journal | David Benoit & Erik Holm NEW YORK—Warren Buffett’s Berkshire Hathaway Inc. will invest $5 billion in Bank of America Corp., giving the nation’s biggest bank a much-needed vote of confidence amid questions about the credibility of its management. The investment, which is similar to Mr. Buffett’s move with Goldman Sachs Group Inc. years ago, comes as the
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