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...
Singapore’s “30 by 30” vision aims to enhance food resilience by sustainably producing 30% of the nation’s nutritional needs by 2030, addressing vulnerabilities caused by over-reliance on food imports. In response, the Singapore Food Agency...
BW Digital, a subsidiary of the Singapore-based BW Group, and Citramas Group, an Indonesian conglomerate, have announced a partnership to develop a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia. This collaboration follows BW...
Bio Ark Global, a biotechnology firm headquartered in Singapore, recently formalized a Memorandum of Understanding (MoU) to expand into Southeast Asia (SEA). Bio Ark Global intends to introduce its bio-organic technology and agricultural inputs to the local economy,...
Singapore’s aerospace sector has attracted substantial investment commitments totaling over S$750 million (USD 555 million) from more than ten projects, signaling significant growth opportunities for the industry. This influx of investments is projected to...
Singapore’s substantial investment of over SGD 1 billion into AI over the next five years, as announced in its 2024 National Budget, underscores the nation’s strategic vision to reinforce its status as a global business and innovation hub. With a keen...
Thailand’s UMC Metals and New Energy Capital Asia from Singapore have inked a power purchase agreement (PPA) for a 1.6 MWp solar venture in Thailand, comprising both floating and ground-mounted solar arrays. New Energy Capital Asia specializes in providing solar...