On June 21st, Singapore’s Ministry of Finance announced the new Energy Efficiency Grant. The grant will assist SMEs in the food services, food manufacturing, and retail sectors with up to 70% financial support for energy-efficient equipment, after approval, in certain...
At the 19th Shangri-La Dialogue in Singapore, Japan Minister of Defense Kishi Nobuo and Singapore Defense Minister Dr Ng Eng Hen signed an Enhanced Memorandum on Defense Exchanges. They also announced the initiation of negotiations on an Agreement regarding the...
Scheduled to open at JTC Bedok Food City in Singapore in the first quarter of 2023, Good Meat is a company that makes healthier and more sustainable foods by applying the latest science and technology. The company is a Californian company, Eat Just, Inc. subsidiary....
In the first quarter of 2022 Singapore’s economy showed promising growth, way more than was previously estimated. However, the annual GDP will stay in the lower half of the government’s forecast range due to the Ukraine war and strict COVID-19 measures in...
In May, Global automotive and industrial supplier Schaeffler officially launched the Schaeffler Hub for Advanced Research (Share) at NTU, an expansion of its existing lab in NTU that will focus on accelerating innovation in the areas of future mobility, robotics and...
In a press release by Singapore Power Group (SP Group), the company announced that it has formed a new Joint Venture with Daikin Singapore, with the aim of establishing Singapore’s largest industrial district cooling system for STMicroelectronics’ (ST), a...
MiRXES, a Singapore-headquartered biotechnology company that focuses on miRNA-powered cancer early detection tests, announced the opening of South East Asia’s first industry 4.0 (i4.0) in vitro diagnostic (IVD) manufacturing facility. The USD 5.7 million facility is...
In late May, the Singapore Government announced that it was embarking on a project to map the DNA and the complete set of genes of 100,000 Singaporeans, which could potentially help to pinpoint the underlying causes of cancer and chronic ailments and identify new ways...
The growth of online shopping has been predicted by market watchers to flatten out, as Singapore’s borders reopen and measures ease, allowing more shoppers to return to physical stores. Online retail, which enjoyed a boom during the pandemic, made up nearly a...
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...
