Johnson Controls has announced the opening of a new office and Innovation Center in Singapore, located at one-north. This facility is part of the company’s commitment to supporting regional growth and sustainability across Southeast Asia. The new office will...
Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the...
Singapore is set to establish the Future Energy Fund by the end of 2024, a strategic initiative aimed at supporting the country’s shift toward a sustainable and low-carbon energy future. With power generation currently responsible for about 40% of the nation’s...
The Monetary Authority of Singapore’s (MAS) recent survey forecasts a 2024 economic growth rate of 2.4% for Singapore, slightly up from the previous estimate of 2.3%, and anticipates an increase to 2.5% in 2025. The revised forecast also lowers headline inflation...
GE Vernova’s Power Conversion business has secured a contract with ST Engineering Marine Limited to provide Integrated Full Electric Propulsion (IFEP) systems for the Republic of Singapore Navy’s new Multi-Role Combat Vessel (MRCV) program. This program involves...
Singapore’s “30 by 30” vision aims to enhance food resilience by sustainably producing 30% of the nation’s nutritional needs by 2030, addressing vulnerabilities caused by over-reliance on food imports. In response, the Singapore Food Agency...
The Ministry of Energy and Mineral Resources has taken a strategic step to enhance the implementation of Rooftop Solar Power Plants (PLTS) by issuing Regulation Number 2 of 2024. This new regulation, effective from January 31, 2024, aims to improve the efficiency of...
During a meeting held in Auckland in March 2024, the Vice President of Indonesia urged stakeholders in New Zealand’s halal industry to strengthen collaboration with their Indonesian counterparts. Emphasizing Indonesia’s status as the country with the...
Integrated Surveillance and Defense (ISD), a US-based firm, has been awarded a contract by the US Navy to enhance three maritime patrol aircraft (MPA) for the Indonesian Navy. This project involves upgrading two Airbus Defence & Space CN235 MPAs and outfitting a...
Indonesia aims to modernize its fisheries sector to meet the growing demand for farmed seafood and capture a larger share of the lucrative global markets, valued at USD 421 billion. With ambitious targets set by the Ministry of Marine Affairs and Fisheries, including...
Thermo Fisher Scientific, an American supplier of analytical instruments, life sciences solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services, expanded local operations in Indonesia with the opening of its first official office in...
BW Digital, a subsidiary of the Singapore-based BW Group, and Citramas Group, an Indonesian conglomerate, have announced a partnership to develop a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia. This collaboration follows BW...
