The World Bank has requested Singapore to anchor an international effort that aims to make the international trade in carbon credits more transparent and trustworthy. Given its world-class market and trading infrastructure, good governance, and highly skilled...
A partnership agreement between Singapore Airlines (SIA) and Malaysia Airlines Berhad (MAB) was granted conditional approval by the Competition and Consumer Commission of Singapore (CCCS). Both the airlines had initially signed the agreement’s proposal in 2019 but got...
Growhub, a Singapore-based one-stop farm-to-table solution for food traceability and data analysis, has signed a five-year lease with Food Innovation Precinct Western Australia (FIPWA) on May 20, 2022 to establish Western Australia’s first food product. An innovation...
In an effort to decarbonize its power mix, Singapore reached out to its neighboring countries, seeking to bring in around 30% of its electricity demand by 2035. Singapore received 20 proposals to supply it with low-carbon electricity from countries such as Indonesia,...
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...
Singapore’s fifth desalination plant was officially opened on Jurong Island on April 17, 2022. The plant was set by Tuas Power and ST Engineering consortium, along with PUB, Singapore’s National Water Agency for a period of 25 years. With a capacity of about 30...
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...
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...
During Singapore’s Maritime Week in early April, the Maritime and Port Authority of Singapore (MPA) announced that a new 9,000 square meter integrated hub, named The Waves, is expected to be constructed in Singapore’s Southern Waterfront by 2025. It is expected to...
In April, enterprise automation platform company Workato announced the launch of Singapore’s first Digital Automation Hub to help enterprises use automation to transform their businesses. The hub is part of the company’s plan to invest over USD 200 million in the...
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...
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....
