SATS Invests USD 150 Million in Jurong Innovation District

SATS Invests USD 150 Million in Jurong Innovation District

SATS Ltd. (SATS), Asia’s leading provider of food solutions and gateway services, has started a lease agreement with JTC to build an innovative food hub in Singapore’s Jurong Innovation District. While growing internationally, SATS has long been planning to...
Keppel O&M and Sembcorp Marine Decide to Merge

Keppel O&M and Sembcorp Marine Decide to Merge

On April 27 Keppel Corporation Limited (Keppel) and Sembcorp Marine Ltd (Sembcorp Marine) entered into definitive agreements for the proposed combination of Keppel Offshore & Marine Ltd (Keppel O&M) and Sembcorp Marine. This will also result in Keppel O&M...
Singapore’s Unemployment Rates go Back to Pre-Pandemic Levels

Singapore’s Unemployment Rates go Back to Pre-Pandemic Levels

Unemployment rates for 2022 February in Singapore were around the quarterly average unemployment rates in 2018/2019. According to the 2021 Labour Market Report, the overall unemployment rate in February was 2.1%, down from 2.3% in January, while the resident...
Sheng Siong to Open Up to Five Supermarkets Annually in Next Few Years

Sheng Siong to Open Up to Five Supermarkets Annually in Next Few Years

In a bourse filing in April, the Supermarket Operator, Sheng Siong, announced that it aims to open three to five stores annually in the next three to five years, expanding its current 65 outlets throughout Singapore. This comes after it was able to secure leases for 3...
Sanofi Begins Construction of Unique Evolutive Vaccine Facility in Asia

Sanofi Begins Construction of Unique Evolutive Vaccine Facility in Asia

In April, Sanofi officially commenced its Evolutive Vaccine Facility (EVF), in the presence of Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, Heng Swee Keat, and Sanofi’s Executive Vice President, Head of Vaccines, Thomas Triomphe....
Singapore and New Zealand Synergize for Sustainable Aviation

Singapore and New Zealand Synergize for Sustainable Aviation

Singapore’s Ministry of Transport (MOT) and the Civil Aviation Authority of Singapore (CAAS) today entered into an agreement on Sustainable Aviation with the New Zealand Ministry of Transport and New Zealand Ministry of Business, Innovation and Employment. According...
Japanese Furniture Brand Nitori Retail to Open First Singapore Store

Japanese Furniture Brand Nitori Retail to Open First Singapore Store

Japanese furniture and home furnishing brand Nitori Retail opened its first outlet in Singapore in March 2022, spanning the entire fourth floor (31,630 sq ft) of Courts Nojima The Heeren, in Orchard Road, which is the main shopping belt in the country. Established in...