The Business Times
business-time-50

Singapore hits pause on building new data centres; short-term rents up

Sustainability is behind the moratorium; Republic has about 60 data centres guzzling electricity

google-preferred-sourceAdd BT as a preferred source
Published Sun, Nov 8, 2020 · 09:50 PM

    Singapore

    SINGAPORE authorities have nudged data centre players to stop building new ones on this land-scarce island, triggering a rise in short-term rental rates.

    A moratorium on constructing new data centres was "implicitly imposed" since early last year during a closed-door session with government agencies and industry players, The Business Times understands.

    Data centresJTCRentssustainability

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More