CIMIC Group subsidiary Leighton Asia has secured a contract from PUB, Singapore’s National Water Agency, for the reconstruction of Choa Chu Kang Waterworks. The project is projected to bring in about SGD 144 million (USD 106.3 million) for Leighton Asia. Choa...
Vietnamese gaming and messaging unicorn VNG has partnered with Nvidia, enhancing the U.S. chipmaker’s connections in Asia just months after CEO Jensen Huang’s regional tour. Tencent-backed VNG informed that it has equipped a data center in Thailand with...
Liverpool FC is expanding its presence in Asia through a new retail partnership in Indonesia. This collaboration with PT Kanmo Weston Retailindo, a joint venture between Weston Corporation from Singapore and Indonesia’s Kanmo Group, marks a significant step in...
Pharmaceutical giant AstraZeneca is set to open a USD 1.5 billion cancer drug manufacturing plant in Singapore, as part of its global expansion strategy. The new factory highlights a growing trend among pharmaceutical companies to establish production facilities in...
SEG Solar, a prominent American solar manufacturer, has secured a land utilization agreement to establish a state-of-the-art 5GW vertically integrated photovoltaic (PV) manufacturing facility in Indonesia. This ambitious project, located in Batang Regency, Central...
Singtel and Indonesia’s Telin have partnered to establish a new submarine cable system connecting Singapore and Batam Island in Indonesia. The two Southeast Asian telecom operators announced on Friday that they have signed a memorandum of understanding to...
In the first half of 2024, South Korea’s SK Leaveo plans to begin constructing the world’s largest Polybutylene Adipate Terephthalate (PBAT) production facility in Hai Phong, Vietnam, with an annual capacity of 70,000 tons. Hai Phong City, Vietnam’s primary port and a...
Samsung Electronics has committed to increasing its annual investment in Vietnam to USD 1 billion, recognizing the country as a crucial manufacturing hub in the region. As Vietnam’s leading foreign investor, Samsung Electronics aims to strengthen its investment ties...
ST Engineering iDirect and PT Bis Data Indonesia have announced a collaboration to deploy advanced satellite communications infrastructure for the Indonesian government’s Satria-1 satellite. This initiative is part of Indonesia’s efforts to extend connectivity to...
Foot traffic and sales have slowed at Singapore’s premier shopping district on Orchard Road, but a local tech start-up, Alteredverse, aims to rejuvenate the area by attracting a younger crowd through innovative digital solutions. Alteredverse has partnered with...
The Deputy Chief Executive Officer (DCEO) of the US International Development Finance Corporation (DFC) unveiled a fresh commitment of up to USD 126 million for PT Medco Cahaya Geothermal, an Indonesian power company. This investment aims to bolster Indonesia’s...
Kazakhstan and Singapore have entered into agreements across six key areas, marking a milestone in their bilateral relations. The agreements encompass economic integration, security, enterprise standards, intellectual property (IP) rights protection, higher education,...
