German Multinational Pharmaceutical company Bayer AG has reported that it is in considerations to expand its presence in Singapore and the wider ASEAN region. Plans to achieve this involve building a new production facility, to support cell and gene therapies it is...
Nanyang Technological University (NTU Singapore) and Enterprise Singapore (ESG), which is in charge of supporting small and medium enterprises – together launched the Singapore Agri-Food Innovation Lab (SAIL), an initiative that aims to accelerate innovation in the...
Singapore’s Defence Science and Technology Agency (DSTA) is looking at deploying digital technologies and AI as a means to improve the quality of its operational platforms. Such tools can also be applied to weapon systems and command posts. Most notably, the DSTA is...
The Annual IMD-SUTD Smart City Index (SCI), a survey published by Swiss business school Institute of Management Development (IMD) and the Singapore University of Technology and Design (SUTD), which ranks 118 cities by how “smart” they are, has named Singapore as the...
Singapore LNG Corp. Pte Ltd (SLNG) and Linde Gas Singapore Pte Ltd have signed a Memorandum of Understanding (MoU) to explore the feasibility and development of a Carbon Dioxide (CO₂) Liquefaction and Storage Facility, located adjacent to the SLNG Terminal on Jurong...
Jurong Island is set to become a sustainable Energy and Chemicals Park. In November 2021, the Economic Development Board (EDB) released its “Sustainable Jurong Island” report, which details the government’s aspirations, targets and plans to transform the island into a...
Vietnam’s economy bounced back in the fourth quarter (Q4) as manufacturing revived and exports extended their recovery from the pandemic slump earlier 2021. GDP rose 5.22% in Q4 compared to 2020, up from a revised -6.02% in Q3, according to the General...
The Vietnamese government plans to generate 75% of national power production capacity and 70% of actual production from renewables by 2045, following the 2021 United Nations Climate Change Conference (COP 26). Under COP 26, Vietnam will make a shift from fossil fuels...
Vietnam is the largest corn importer in Southeast Asia. Over the next ten years, Vietnam’s import demand for corn and grain by-products for animal feed is forecasted to triple. The import turnover of animal feed and raw materials reached nearly USD 4.14 billion...
Vietjet has signed a Memorandum of Understanding (MoU) with SR Technics, one of the world’s leading providers of Maintenance, Repair, and Overhaul (MRO) services, worth USD 150 million. The MoU will allow SR Technics to provide MRO services such as engine...
The Philippines frozen pork inventory in accredited cold storages declined from 75,024.9 MT recorded on November 29, 2021 to 62,695.25 MT as of January 10, 2022. Frozen pork inventory takes into account the in-house cold storage, which also includes meat processing...
American footwear and apparel brand, Skechers, ended its distributorship agreement with its local partner in a bid to establish its own presence and directly operate its business in the Philippines under a new entity called Skechers USA Philippines, Inc. The...
