Siltronic AG Produces First Wafers in its New Singapore Fab

Siltronic AG Produces First Wafers in its New Singapore Fab

Siltronic, a major player in the semiconductor industry, has achieved a significant milestone with the production of the first wafers in its new state-of-the-art 300 mm fabrication facility (fab) in Singapore. This marks a key step in the strategic expansion of...
Singapore signs FTA with Mercosur

Singapore signs FTA with Mercosur

Singapore marked a significant milestone in its trade relations by signing a groundbreaking free trade agreement (FTA) with four South American countries – Argentina, Brazil, Paraguay, and Uruguay, collectively known as Mercosur. This agreement, signed on...
Singapore Beefs Up Naval Defense

Singapore Beefs Up Naval Defense

In November 2023, Singapore’s Ministry of Defense (MINDEF) has signed a contract with Fr. Fassmer GmbH & Co. KG to acquire four new Offshore Patrol Vessels (OPVs) to replace the current Sentinel-class Maritime Security and Response Vessels (MSRVs). The ships...
Singapore and Malaysia to Form Joint Special Economic Zone in 2024

Singapore and Malaysia to Form Joint Special Economic Zone in 2024

During the 10th Singapore-Malaysia Leader’s Retreat held in Singapore in late October 2023, both countries announced the aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) in 2024. To facilitate the process, it was...
Zespri Launches Global Hub in Singapore

Zespri Launches Global Hub in Singapore

Zespri, the world’s largest marketer of kiwifruit, has officially opened its new Centre of Sales and Marketing Excellence in Singapore. First established in 2015, the center was established as a hub connecting Zespri’s markets together, as well as connecting all...
Singapore Embarks on Digital Bunkering Project

Singapore Embarks on Digital Bunkering Project

In mid-October 2023, the Singapore Maritime and Port Authority (MPA) announced the launch of a digital bunkering initiative, to be implemented on 1 November 2023, replacing the use of physical documents for fuel oil deliveries. Under the initiative, fuel suppliers,...