Google Doubles Down On Malaysia With $236 Million Data Center Deal Awarded To Gamuda

By: bitcoin ethereum news|2025/05/06 14:15:01
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The Google logo is seen outside a building housing Google offices in Beijing on February 4, 2025. ... More (Photo by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images) Alphabet’s Google is doubling down on its data center investments in Malaysia by awarding Gamuda—a construction company cofounded by tycoon Lin Yun Ling —a second contract worth 1 billion ringgit ($236 million). A unit of the Kuala Lumpur-based company, Gamuda DC Infrastructure signed an agreement with Google’s Pearl Computing Malaysia for the construction of a hyperscale data center in Port Dickson, about 90 kilometers south of Kuala Lumpur, according to a stock exchange filing on Monday. Under the deal, Gamuda DC will also build a water treatment plant to supply 65 million liters of water per day needed to cool the data center. Separately, Gamuda DC also agreed to sell 389 acres (157 hectares) of land to Pearl Computing for 455 million ringgit ($107 million). The property will be the site of the data center project. In May 2024, Google awarded Gamuda a 1.7 billion ringgit deal to handle the mechanical, electrical, and plumbing works for Pearl Computing’s data center project at Elmina Business Park in Selangor, northwest of Kuala Lumpur. Malaysia is rapidly emerging as a key hub for data centers, fueled by the region’s AI boom. Google announced a $2 billion investment to develop its first data and cloud centers in the country last year. Other global tech giants, including Microsoft and Oracle, are also pouring in funds—bringing total investment commitments to over $23 billion. Gamuda is one of Malaysia’s leading infrastructure and real estate companies. It was founded in 1976 by Lin and his partner Koon Yew Yin. While based in Malaysia, the company also has projects in Australia, Singapore, Taiwan, the U.K., and Vietnam. Source: https://www.forbes.com/sites/yessarrosendar/2025/05/06/google-doubles-down-on-malaysia-with-236-million-data-center-deal-awarded-to-gamuda/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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