Data centre giant AirTrunk bets big on Singapore, to treble workforce to nearly 350 by 2030
The Straits Times
Company has invested roughly $3 billion in Singapore to date. Read more at straitstimes.com.
SINGAPORE – Australian data centre player AirTrunk is betting big on Singapore. Its billionaire founder and chief executive Robin Khuda said the company has invested roughly $3 billion to date and that if there is an opportunity, “we have the appetite to go significantly bigger”.
“Singapore is a priority for us,” Mr Khuda said in an exclusive interview with The Business Times.
He plans to hire more across all divisions and aims to treble its 115-strong workforce in Singapore to nearly 350 by 2030 with the addition of “high-value” jobs.
The company – one of Asia-Pacific’s largest data centre platforms – views Singapore as a key financing hub, as it mulls over a real estate investment trust (REIT) listing, among other capital-raising options.
AirTrunk on March 13 launched its new regional headquarters at Ocean Financial Centre, marking its 10th year in Singapore, where it has three data centres – two of which are under development – with a total capacity of 180 megawatts.
The Asia headquarters here houses functions such as engineering, development, operations, innovation and treasury.
The new game accrued 2.2 million sales in its first four days and earned rave reviews from fans online. Read more at straitstimes.com.
Explore how AI could lead to 'creative destruction' for some companies, disrupting industries and impacting jobs. Read more at straitstimes.com.
Oil-driven shocks significantly affect the yen given Japan’s reliance on imported energy. Read more at straitstimes.com.
Singapore blue-chip stocks decline as Brent crude price movements hold equities to ransom. Read more at straitstimes.com.
Bank had previously projected the rate cuts to begin in June. Read more at straitstimes.com.
It is the first 2026 mainboard listing, and follows a strong offering pipeline in 2025. Read more at straitstimes.com.
Force majeure notices signal a worsening LNG supply crunch for Asia, including Singapore, potentially requiring stabilisation measures. Read more at straitstimes.com.
China is the world’s biggest oil importer and a major fuel exporter. Read more at straitstimes.com.
The global race to build AI infrastructure is fuelling an unprecedented boom in data centres. Read more at straitstimes.com.
A sale might value HSBC Life Singapore at more than US$1 billion, sources said. Read more at straitstimes.com.
It potentially marks the first known major cyberdisruption of a US organisation since the start of the Iran war. Read more at straitstimes.com.
Singapore expects electricity prices to increase due to the Middle East conflict, says Minister Tan See Leng. Read more at straitstimes.com.
Shell has declared force majeure on LNG cargoes from QatarEnergy due to a production halt. Read more at straitstimes.com.