Renowned K-beauty brand Jungsaemmool debuts its global flagship store in a 4,972 sq ft colonial bungalow on Scotts Road. This heritage site is the chosen location for K-beauty brand Jungsaemmool’s first global flagship store outside South Korea. The space is envisaged...
ExxonMobil, Nanyang Technological University (NTU) Singapore, and ASTAR have launched the ExxonMobil-NTU-ASTAR Corporate Lab to develop solutions to reduce carbon emissions and foster sustainability. The USD 44.5 million (SGD 60 million) lab, inaugurated by Mr. Heng...
The Asian Development Bank (ADB) projects that Singapore’s economic growth will accelerate to 2.4% in 2024 and 2.6% in 2025, driven by stronger exports and a resurgence in global electronics demand. This is a notable increase from the 1.1% growth expected in 2023. The...
Changi Airports International (CAI) is set to significantly enhance its presence in China through a joint venture with Wuxi Sunan International Airport Group. This partnership will manage the non-aeronautical business of Wuxi Shuofang International Airport (WUX),...
Singapore-based vertical farming company VertiVegies has canceled its plan to construct one of the largest indoor vegetable farms in the country. The farm, planned on a 2-hectare plot in Lim Chu Kang, aimed to increase local vegetable production by 10%, producing six...
Sony Semiconductor Solutions Corporation recently announced that starting in February 2024, it has begun operations with several production lines at the new fab built on the premises of Sony Device Technology (Thailand) Co., Ltd. (“SDT”), a production center...
Levi Strauss just announced the reopening of its Levi’s store at popular mall CentralWorld, in Bangkok, Thailand. At 364 sqm, the expanded store is now the largest Levi’s store in Southeast Asia. It also represents Levi ‘s focus on its...
Germany’s Daimler Truck is one of the world’s largest commercial vehicle manufacturers, with over 40 production sites around the globe and more than 100,000 employees. It offers light, medium, and heavy-duty trucks, city and intercity buses, coaches, and...
AI Medical Service (AIM), a start-up based in Tokyo focused on medical advancements, particularly in diagnostic endoscopic artificial intelligence (AI), has recently entered into a joint research agreement with Mahidol University in Thailand. The agreement aims to...
Nordic Bioproducts Group (NBG), a Finnish biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of Understanding (MOU) with PTT MCC Biochem Company Limited (PTT MCC) headquartered in Bangkok, Thailand....
It has been reported that Thailand Post, a government-owned logistics company, is exploring the possibility of becoming a neutral virtual banking agent to complement the functions of emerging virtual banks. The organization intends to utilize its extensive network of...
Thailand’s EV Board has endorsed strategies to bolster the adoption of electric buses and trucks, with the aim of positioning the nation as a key hub for electric vehicles (EVs) in the region while striving to attain carbon neutrality targets. Under these measures,...