Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to manufacture fully electric vehicles, with local battery electric vehicles (BEV) production...
A Tourism Authority of Thailand (TAT) survey has revealed that foreign tourists in the country have increased their spending on accommodation post-pandemic, showing a preference for luxury hotels or resorts despite higher airfares. The survey, which involved 30,054...
American agricultural specialist Alltech and Thai Wah Public Co. (TWPC) have joined forces to advance carbon reduction efforts in the Asian agri-food industry by leveraging scientific nutritional solutions and technologies. Thai Wah is a Thai company renowned for its...
Singtel Cyber Security Institute (CSI), SIM Academy, and UOB (United Overseas Bank) have collaborated to launch a cyber scam preparedness program titled “Defence Against Cyber Scams,” specifically designed for UOB’s frontline branch staff. This initiative...
Singapore is set to construct a new state-of-the-art indoor arena adjacent to the existing Singapore Indoor Stadium in Kallang, which is nearing its capacity after nearly 35 years of service. The aging facility, although a historic venue for numerous major sports and...
According to estimates from Savills, Singapore’s retail landscape is set to undergo significant expansion over the next four years, from 2024 to 2027. The market is anticipated to welcome an impressive total of more than 3.4 million square feet of new retail...
Cedars-Sinai International has expanded its global footprint by opening a new office in Singapore. This marks the organization’s third global office as it aims to build an international healthcare ecosystem. The new office in Singapore will serve as a hub for...
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...
