Singapore’s fifth desalination plant was officially opened on Jurong Island on April 17, 2022. The plant was set by Tuas Power and ST Engineering consortium, along with PUB, Singapore’s National Water Agency for a period of 25 years. With a capacity of about 30...
Vietnam has recently become a new destination for several luxury brands to expand their presence, thanks to its fast-expanding middle-class and robust economic growth. Specifically, Lamborghini, the Italian luxury automobile manufacturer, has recently marked its...
At a recent Investment Promotion Conference in Vinh Phuc province, a representative of Compal, a Taiwanese company specializing in electronic devices, has announced the operation of a laptop plant valued at USD 500 million. The company is currently a manufacturer for...
Recently, several experts in Ho Chi Minh City (HCMC) have urged the authorities to impose tougher measures to limit the use of motorcycles, which are the local’s favorite means of transportation due to convenience. According to the Director of Transport Development...
Vietnam is among the first countries to launch 5G trials. With superior characteristics, 5G is expected to support the country in building a digital government, economy and society. In 2020, all three key players in telecom companies, namely VinaPhone, MobiFone, and...
Drug companies’ earnings have surged during the first quarter of 2022 due to high demand for Covid-19 medicines and other relevant products. DHG Pharmaceutical JSC, the country’s largest pharmaceutical firm, recorded a 25% increase in profits, topping at VND 255...
Vietnam discards over 3.9 million tons of waste each year, and roughly a third of that is recycled properly. The remaining amount is often burned, buried in landfills, or discharged into the environment, where it might damage waterways and the ocean. A co-founder of...
Experts say Vietnam should restart its nuclear energy program by 2030 in order to meet its commitment to attaining carbon neutrality by 2050. According to a former head of the Vietnam Institute of Energy, the net-zero carbon promise, which was made at the 2021 United...
Since the epidemic, many real estate companies have turned to technology to promote their sales, and investments are pouring into these proptech startups to capitalize on the potential. A real estate company, Jones Lang LaSalle (JLL), evaluated that Vietnam has been...
As freight demand grows, Vietnam’s Ministry of Transport has sought the Prime Minister’s consent to grant a license to IPP Air Cargo, marking it to be the country’s first cargo airline. Accordingly, the brand new cargo carrier is in line with the...
Department of Statistics Malaysia (DOSM) announced that Malaysia’s total trade increased by 27.3% year-on-year (y-o-y) in March 2022, with a strong record of MYR 236.6 billion (USD 53.89 billion). The export and import values in the same month reached all-time...
Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has announced the five successful applicants for the digital bank licenses, in an effort to boost financial inclusion in the country. BNM received 29 applications from companies and partnerships across different...
