-- Singapore now has two types of landlords. The unhappy ones need folks to show up at offices, malls, hotels and factories, something that’s simply not going to happen in a hurry with the city-state’s coronavirus infections about to hit 6,000.
The Asian financial centre had a much-publicised early success in containing the pandemic before an outbreak in dormitories densely packed with foreign workers, sending numbers soaring. The government, which banned tourists last month but kept schools, restaurants and bars open, has now shut down social gatherings and closed all businesses except essential services.
Outside of China, the potential market for digital consumption in India and Indonesia is large because of the sheer size of their populations. But they also happen to be the least competitive in Asia-Pacific for hosting data centres, according to Cushman & Wakefield Plc. Measured by power supply, Singapore is now the world’s largest repository for storing and processing data, with Facebook alone setting up an 11-story facility, its first such custom-built center in Asia.