The Monetary Authority of Singapore (MAS) has published a whitepaper proposing a common protocol to specify conditions for the use of digital money, such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger. ...
Spanish frozen yogurt company Llaollao has identified Singapore as a key market, with plans to expand its presence in the country. The company, known for its high-quality yogurt products, is eyeing the growing demand for healthy and indulgent treats in...
Siemens, the global technology conglomerate, has announced a new factory in Singapore for its automation and digitalization products. The factory, expected to be completed by 2026, will cost SGD 290 million (USD 216.1 million) and create more than 400 jobs locally....
The Singapore government has recently announced a comprehensive digital blueprint to guide the implementation of emerging technologies, including generative AI, autonomous systems, and immersive multi-party interactions. The Digital Connectivity Blueprint sets out key...
Biosyngen, a Singapore-based cell therapy company, has recently opened a new manufacturing facility in Singapore, and is expected to hire around 200 individuals over the next 3-5 years. The 1,500-square-meter facility will specialize in manufacturing immunotherapy...
An SGD 77 million (USD 57.4 million) solar research lab has been launched in Singapore with the aim of enhancing the efficiency and cost-effectiveness of solar panels. The facility, a collaboration between the Solar Energy Research Institute of Singapore (Seris) and...
Mitsubishi Heavy Industries (MHI), a leading global industrial firm, has announced that a consortium comprising Mitsubishi Power, MHI, and Jurong Engineering Limited (JEL) had been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new...
New research and regulatory cooperation agreements have been signed between the United Kingdom and Singapore. Under the new emerging technologies agreement, both countries committed to sharing experiences of building new telecommunications infrastructure, such as 5G...
Pratt & Whitney, a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units, recently announced that its Singapore manufacturing facility had achieved full operational capability. As part of the company’s Industry 4.0...
Bluu Seafood, a German biotech startup that aims to produce sustainable and high-quality seafood products through cellular agriculture, plans to introduce lab-grown seafood in Singapore by 2024. By producing fish-grown cells in a laboratory, growing demand for seafood...
Thailand’s leading carrier, Thai Airways International, will incorporate five Airbus A321neos on lease from the second half of 2025 and will seek another five more. The A321neos are Thai Airways International’s first new narrowbodies in about a decade and will be...
Investors are perceiving Thailand and the larger Southeast Asian region in general as a compelling alternative to China, which is currently experiencing supply uncertainties and increased political risk. As investors grow increasingly hesitant to expand in China, many...
