KLA, a global leader in semiconductor equipment and services, has completed the first phase of its USD 200 million expansion in Singapore, unveiling a state-of-the-art manufacturing facility. The Phase 1 building, spanning 200,000 square feet, includes advanced...
PSA Singapore has launched the construction of the PSA Supply Chain Hub @ Tuas (PSCH), a two million-square-foot facility designed to transform logistics and supply chain operations in Singapore. Positioned within the Tuas Port Free Trade Zone, the hub will serve as a...
OpenAI, known for its development of generative artificial intelligence technologies like ChatGPT, is set to open its second Asian office in Singapore in late 2024. This new office will be OpenAI’s fourth international location, following branches in London,...
The Singapore Government has announced an SGD 200 million (USD 149 million) investment over five years to enhance the use of artificial intelligence (AI) tools and genomics data in its public healthcare sector. This funding, through the Ministry of Health’s (MOH)...
The Energy Market Authority (EMA) has initiated a Grant Call to support feasibility studies for carbon capture and storage (CCS) in Singapore’s power sector. Targeting power generation companies and industry partners, the initiative aims to explore CCS pathways...
Singapore is advancing its efforts to harness distributed energy resources (DERs) through a Consultation Paper and Call for Regulatory Sandbox Proposals, launched by the Energy Market Authority (EMA) in collaboration with SP Group. This initiative aims to explore the...
Singapore’s position as a regional hub for mergers and acquisitions (M&As) continues to strengthen, with deal values surging in 2024. According to data from the London Stock Exchange Group (LSEG), M&A turnover involving Singapore companies reached USD 51...
Air New Zealand has embarked on an ambitious project to modernize its Boeing 787-9 Dreamliner fleet. The first of 14 aircraft arrived in Singapore on October 14th, 2024, to undergo a comprehensive cabin retrofit. This initiative will see the airline become the...
In an ambitious move to bolster Singapore’s food security and technological expertise in agriculture, local farms are increasingly engaging in international collaborations to achieve the nation’s “30 by 30” goal, which aims to produce 30% of...
Future Food Foundry (3F), a UAE-based agri-food technology company, has invested over USD 20 million to merge NextGen Farms (NGF) and Sustenir Group, creating Singapore’s largest plant superfood ecosystem. This strategic merger marks Future Food Foundry’s expansion...
Singapore has officially commissioned its first two Invincible-class submarines, RSS Invincible and RSS Impeccable. This milestone marks a significant upgrade in the Republic of Singapore Navy (RSN)’s submarine fleet, enhancing its ability to protect...
Singapore has continued to attract substantial foreign direct investment (FDI) amidst global corporate changes, with the Economic Development Board (EDB) securing SGD 5.4 billion (USD 4 billion) in fixed asset investment commitments in the first half of 2024. This...
