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Big tech players splash the cash to court S-E Asia’s young and fast digitalising population

The likes of Microsoft, Apple and Amazon Web Services have all committed huge sums in the region

Benjamin Cher
Published Fri, May 17, 2024 · 05:00 AM
    • A young and rapidly digitising population is a key factor in attracting big tech investments into South-east Asia.
    • A young and rapidly digitising population is a key factor in attracting big tech investments into South-east Asia. PHOTO: BLOOMBERG

    TECH giants have been courting South-east Asia in recent weeks, with high-profile visits from senior executives with promises of eye-watering investment amounts.

    Apple and Microsoft both deployed their chief executive officers on tours of the region, meeting top officials and announcing major investments in various countries.

    Apple said it will spend US$250 million to expand its campus in Singapore. Earlier this month, Amazon Web Services said it would commit an additional S$12 billion to its existing Singapore cloud infrastructure.

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