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Herein, what does MS stand for in games?

Ping refers to the network latency between a player's client and the game server as measured with the ping utility or equivalent. Ping is reported quantitatively as an average time in milliseconds (ms). The lower one's ping is, the lower the latency is and the less lag the player will experience.

Secondly, what is a good ping MS speed? In general though I would go with these rules of thumb: less than 50ms ping is really good, less than 100ms ping is good to average, 150ms is where you are going to start having problems with games, and above 150 ms ping you may experience lag and such in games.

In this regard, what is Server MS in PUBG?

It's your ping (how fast your connection is) to the server. The lower the number the better. MS is milliseconds. jammedmouse.

What is Asia MS in PUBG?

Here ms stands for Mili Seconds (i.e. 10^-3 part of a Second). Asia, Europe all these are servers to which you are connected and the numbers beside them shows the time taken by your connection to send and recieve data from the server (the response time).