Singapore plans to strengthen the country’s energy resilience, with the Energy Market Authority (EMA) announcing plans to build 2 open cycle gas turbine (OCGT) generation units. The units, which run on natural gas with diesel as a backup, are expected to go...
In early June 2023, Estonia announced the opening of its embassy’s new premises in Singapore, as well as a trade and business hub. Estonia is among the European Union’s most digitally advanced economies, and the Estonian Business Hub is the country’s second such hub,...
In May 2023, oil refining and marketing company Neste celebrated the official opening of its Singapore Refinery Expansion. The expansion, which was first announced in 2018, cost USD 1.95 billion, and is expected to double the company’s production capacity in Singapore...
In late May 2023, Solein, the sustainable protein developed by Finnish Tech Food company Solar Foods, underwent its first official tasting in Singapore, half a year after the city-state first approved the sale of products containing this ingredient in October 2022. As...
The Bangkok Post has recently reported that Thailand’s Industry Ministry has estimated that the Southeast Asian country built or expanded 1,211 factories during the first half of fiscal year 2023, totaling an investment value of THB 113 billion (USD 3.25 billion),...
It has recently been announced that a flagship store for Japanese furniture and home furnishings giant Nitori will be opened by Thai real estate company Central Pattana at the CentralWorld mall in August 2023. CentralWorld is located in the heart of Bangkok, where...
Siam Cement Group (SCG), the largest and the oldest cement and building material company in Thailand and Southeast Asia, has recently revealed the successful completion of the first 2-story 3D printed building in ASEAN. Importantly, the building is the first 3D...
It has recently been reported that Thailand Post intends to launch a digital mailbox service called Prompt Post by the third quarter of 2023. This is part of a strategy having the goal of capitalizing on the growing trend of electronic document handling. For instance,...
Thailand and the United States will work together on developing a new tuberculosis vaccine, including prototypes using mRNA technology, as Thailand’s competitiveness in public health and medical research receive increasing global recognition. The World Health...
Spanish renewables company Acciona Energía and its Singapore-based participated company The Blue Circle have just secured a power purchase agreement (PPA) for 436 MW of wind farms in Thailand. The projects have been allocated through a tender process by...
The Bangkok Post has recently revealed that the Electricity Generating Authority of Thailand (EGAT) is targeting to grow its power generation capacity from floating solar farms at its nine hydropower plants to 10 gigawatts by 2037. This will require an investment of...
Thailand aims at concluding talks for three free-trade agreements (FTAs) by mid-2024 with the European Free Trade Association (EFTA), Sri Lanka and the United Arab Emirates (UAE), in order to boos trade and investment. It has been reported that the deal with Sri Lanka...
