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...
On June 30th, 2022 Bombardier inaugurated the largest OEM business aviation maintenance facility in Asia Pacific, the transformed Service Center, at the Seletar Aerospace Park, Singapore. Opened in 2014, the Singapore Service Center has quadrupled in size, with enough...
MeaTech 3D Ltd., an internationally renowned deep-tech cultured meat and food company, signed an agreement with Umami Meats for the joint development of 3D-printed cultured structured seafood. The concept of 3D-bioprinted structured and cultured meat is quite new, and...
Singapore recently exhibited a new kind of solar panel, designed to withstand rough winds and choppy waters, to be placed at sea. The project is based on the Norwegian Firm Ocean Sun’s proprietary technology, piloted in Jurong Island and known to be truly one of...
