ABB Powers Singapore’s First Floating LNG Terminal

ABB Powers Singapore’s First Floating LNG Terminal

ABB, a global company in electrification and automation, was awarded a contract by South Korea’s Hanwha Ocean to supply a complete electric power and propulsion system for Singapore’s first Floating Storage and Regasification Unit (FSRU), a pivotal addition to the...
Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

Singapore Targets Over 2-3% Growth Through AI and Workforce Upskilling

On September 22, 2025, Singapore’s Deputy Prime Minister Gan Kim Yong addressed Parliament, outlining a strategic vision to exceed the projected 2-3% annual economic growth over the next decade by leveraging artificial intelligence (AI), robotics, and automation to...
SM Group Targets Growth in the Expanding Wellness Economy

SM Group Targets Growth in the Expanding Wellness Economy

The SM Group announced its commitment to capturing opportunities in the rapidly growing health and wellness market, as the Philippines continues to emerge as a key player in the global personal care and beauty industry. According to the Global Wellness Institute, the...
US EdTech Firm Instructure Establishes Asian Hub in the Philippines

US EdTech Firm Instructure Establishes Asian Hub in the Philippines

Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for its Asian regional hub, underscoring the country’s growing role as a center for digital...
Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), marking its first investment in the Philippines. Under the agreement, ABC Impact subscribed...