Latest news with #Batam
Free Malaysia Today
10-07-2025
- Business
- Free Malaysia Today
Oracle to move ahead with cloud services plan in Indonesia
Oracle Corp has announced a US$6.5 billion plan to build cloud computing centres in Malaysia. (Wikipedia pic) SINGAPORE : Oracle Corp will partner with DayOne Data Centers Singapore Pte Ltd to establish its first cloud services centre in Indonesia, people familiar with the matter said, boosting its partnership with a key regional operator that counts TikTok owner ByteDance Ltd as its largest customer. The American tech giant will lease DayOne's data centres located at Nongsa Digital Park on the Indonesian island of Batam, according to the people, who asked not to be identified, discussing information that's private. 'Oracle will be the sole tenant at DayOne plots that could support facilities with at least 120MWs of power,' they said. A 120MW data centre typically requires a capital investment of at least US$1.2 billion, depending on factors like location, design tier and land costs, and whether the facility is built for hyperscale AI workloads. Oracle's expansion confirms an earlier Bloomberg News story that it was in discussions to establish a cloud services centre in Indonesia. Representatives for Texas-based Oracle didn't immediately respond to a request for comment. DayOne, which is headquartered in Singapore, is the international arm of Chinese data centre operator GDS Holdings Ltd. ByteDance is far and away DayOne's largest customer, according to research firm SemiAnalysis, with Oracle coming in second. DayOne also didn't respond to a request for comment. Nongsa Digital Park in Batam is already home to several other data centres, drawn by factors including the island's free-trade zone status and its proximity to Malaysia and the wealthy city-state of Singapore. Oracle currently has two cloud computing centres in Singapore and last year announced a US$6.5 billion plan to build a similar facility in Malaysia. US tech giants from Meta Platforms Inc to Google are building data centres across Asia to support an envisioned global boom in artificial intelligence services. Much of that investment has gone to countries with better-established tech ecosystems and networks such as Malaysia and Singapore, where Salesforce Inc recently announced a US$1 billion investment. Bain & Co estimates that the global market for AI-related products could hit US$990 billion by 2027 as the technology's adoption disrupts the way companies and countries do business. OpenAI is also leasing a huge amount of computing power from Oracle as part of its Stargate initiative – OpenAI's project with partners including Oracle and SoftBank Group Corp to invest US$500 billion in AI infrastructure – to build data centres on American soil and overseas.
Bloomberg
10-07-2025
- Business
- Bloomberg
Oracle Said to Move Ahead With Cloud Services Plan in Indonesia
Oracle Corp. will partner with DayOne Data Centers Singapore Pte to establish its first cloud services center in Indonesia, people familiar with the matter said, boosting its partnership with a key regional operator that counts TikTok owner ByteDance Ltd as its largest customer. The American tech giant will lease DayOne's data centers located at Nongsa Digital Park on the Indonesian island of Batam, according to the people, who asked not to be identified discussing information that's private. Oracle will be the sole tenant at DayOne plots that could support facilities with at least 120 megawatts of power, they said.
CNA
17-06-2025
- Business
- CNA
CNA938 Rewind - Heading to Batam or Bintan? Are ferry prices getting too expensive?
CNA938 Rewind Play A round-trip ferry ticket to Batam will cost you between 56 and 76 dollars – up from the 34 to 60 dollar range seen in 2021. Are ferry prices getting too expensive? Daniel Martin speaks to Benjamin Cassim, Senior Lecturer for Hospitality & Tourism Management, School of Business, Temasek Polytechnic.
Independent Singapore
12-06-2025
- Independent Singapore
Severely decomposed body of 70-year-old Singaporean man found in Batam home
Photo: Batam Asia News SINGAPORE: The severely decomposed body of a 70-year-old Singaporean man was found in his home in Batam, Indonesia. Local police has revealed that the man passed away about five days ago and has contacted his wife, who resides in Singapore. The body of the Singaporean, Mr Kamal Bin Ahmad, was discovered around 4pm on Saturday (7 June). Indonesian news outlet TribunBatam reported that Mr Kamal's neighbors said they hadn't seen him for nearly a week and began to smell a pungent odor coming from his home. They alerted the security guard, who called the police. The police broke into the home and found Mr Kamal lying on the floor, wearing only a shirt. The Indonesian police said that Mr Kamal suffered from chronic diseases and lived alone in the area. The police found a variety of medications in his home, including drugs to treat diabetes, high blood pressure and high cholesterol. The police do not suspect foul play but are awaiting the autopsy results to confirm the cause of death. The local police has contacted Mr Kamal's wife and has urged her to come to Batam to handle the funeral arrangements.
Reuters
05-06-2025
- Business
- Reuters
DBS, UOB provide $411 million loan to DayOne-INA data centre project in Indonesia
SINGAPORE, June 5 (Reuters) - Singaporean banks DBS Group ( opens new tab and United Overseas Bank ( opens new tab said on Thursday that they had jointly provided a 6.7 trillion rupiah ($411 million) loan to finance a data centre campus in Indonesia. DBS and UOB are Southeast Asia and Singapore's biggest and third largest lender by assets respectively. The banks said in a statement that the loan for the project, to be jointly developed by Singapore-based data centre company DayOne and the Indonesia Investment Authority (INA), was the largest ever rupiah-denominated data centre financing deal. The funding comes at a time when investor appetite for data centres is growing in Asia, driven by demand for artificial intelligence and cloud computing-based services. The data centre project also marks INA's first investment in the sector and an expansion of DayOne in Indonesia, according to the statement. INA is Indonesia's sovereign wealth fund, wholly owned by the Indonesian government. Proceeds of the loan will be used to develop and operate three data centres located in the Nongsa Digital Park in Batam, according to the statement. Upon completion by end-2025, the campus will have a combined capacity of around 72 megawatts, which will account for around 5% of Indonesia's projected data centre capacity of 1.41 gigawatts by 2029, according to the statement. ($1 = 16,285.0000 rupiah)
