Singapore’s Land Transport Authority (LTA) has announced plans to enhance the road network in Tuas South, with construction set to begin in 2025. These developments are part of a broader effort to support the industrial growth in Tuas South and the consolidation of...
Pfizer has expanded its manufacturing capabilities in Singapore with an SGD 1 billion (USD 0.77 billion) extension at its Tuas facility, focusing on the production of active pharmaceutical ingredients (APIs) for oncology, pain, and antibiotic medications. The highly...
The National Research Foundation (NRF) has launched a new Decarbonization Program under the Campus for Research Excellence and Technological Enterprise (CREATE) initiative, with an investment of SGD 90 million (USD 69 million). CREATE is a research hub in Singapore...
JTC, Singapore’s government industrial planner, is preparing to expand the country’s semiconductor manufacturing capabilities by increasing available land in its wafer fabrication parks by 11%. This move is part of Singapore’s strategy to attract more top...
Singapore is advancing its transportation sector with the launch of a new Roads Innovation Lab by the Land Transport Authority (LTA), aimed at accelerating the integration of AI and quantum computing into the city’s transport infrastructure. This lab will serve as a...
The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in San Fernando, Cebu. The new facility, unveiled by the Philippine unit of Japan-based Taiheiyo...
The Philippine Economic Zone Authority (PEZA) and the Food and Drug Administration (FDA) recently signed two significant agreements aimed at enhancing the pharmaceutical and medical sectors in the country. These agreements include a registration agreement for Victoria...
The Philippine government has proposed a budget of USD 4.627 billion (PHP 257.06 billion) for flood control in 2025, marking a significant investment in mitigating the country’s flood risks. This allocation is part of the Department of Budget and Management’s...
The Philippines’ Department of Energy (DOE) has announced plans for its fourth Green Energy Auction (GEA-4), scheduled for the fourth quarter of 2024. This auction will emphasize energy storage solutions alongside maximizing the country’s renewable energy...
The Department of Trade and Industry (DTI), with support from the Asian Development Bank (ADB), launched the National Artificial Intelligence Strategy Roadmap 2.0 (NAISR 2.0) and the Center for AI Research (CAIR) on July 3, 2024. This initiative is a key part of the...
ExxonMobil Asia Pacific Pte. Ltd. has selected Juliana Holdings Inc. as the authorized distributor of Mobil-branded lubricants in the Philippines. With a strong background in fast-moving consumer goods (FMCG) and transportation chemicals, Juliana Holdings will...
The National Economic Development Authority (NEDA) board has approved a USD 287.5 million allocation for the Philippines’ infrastructure flagship projects, including the Department of Information and Communications Technology (DICT)’s National Broadband Program...
