Global food corporation Cargill is the most recent among the list of high-profile corporate investors in Singapore food grading start-up ProfilePrint, putting in an undisclosed sum. ProfilePrint’s patented ‘digital fingerprint’ technology is revolutionary in the...
Nanomix, an American developer of mobile, affordable, point-of-care diagnostics, has recently announced that it has entered into a distribution agreement with Bioasia, a Singapore-based medical diagnostics distributor, which will allow Bioasia to market and distribute...
The Maritime and Port Authority of Singapore (MPA) and the Dutch Port of Rotterdam have signed a memorandum of understanding (MOU) to develop a sustainable and digitalized shipping industry jointly. Both the cities are together aiming to clean up the common shipping...
American Energy Technology Company Baker Hughes announced the launch of its new oilfield services’ chemicals manufacturing facility in mid-August, which spans approximately 40,000 square meters and is the first chemicals facility for Baker Hughes in the region....
With the emerging marine energy sector gaining traction, Japanese shipping giant Nippon Yusen Kaisha (NYK) is aiming to take part in a tidal power project planned for Singapore. Singapore’s Bluenergy Solutions is conducting a demonstration project focused on the...
On 22 August 2022, Singapore and Malaysia announced the substantive conclusion of two Frameworks of Cooperation, one in the green economy and another in the digital economy. The Frameworks of Cooperation serve as the basis for future bilateral initiatives related to...
Infrastructure Asia, a project facilitation office set up by Enterprise Singapore and the Monetary Authority of Singapore (MAS), announced in August that they had launched an online platform to increase the exposure of Asia’s infrastructure project pipeline. The...
In August, Google and Tencent, a China-based multinational technology company, announced the completion of their respective investments in Singapore. Google announced the completion of its third data center in Singapore. In contrast, Tencent announced the agreement of...
In August, Zalora Group collaborated with Adidas to launch a supermarket-inspired pop-up store in Bugis Junction, a shopping mall located in Central Singapore. The pop-up store, which ran for about a week, was designed with a supermarket layout, featured pop colors...
On August 4th, China fired live-fire drills near Taiwan as a sign of retaliation to the visit of US House Speaker Nancy Pelosi. This has led to Airlines canceling flights to Taipei and rerouting others to avoid the nearby airspace that has been closed to civilian...
In an effort to increase energy efficiency and reduce carbon emissions, Singapore’s first Energy Storage System (ESS) has been deployed at Pasir Panjang Terminal, and will start functioning by the third quarter of 2022. The project is part of the USD 8 million...
Alberta Investment Management Corp (AIMCo) is considering Singapore over Hong Kong in order to expand its private equity group into Asia. According to the head of private equity and international, Peter Teti, “AIMCo plans to increase its allocation to Asia-based...
