Singaporean medtech company, Endofotonics, announced an investment of SGD 12 million (USD 8.6 million) from specialist healthcare investors Mr Tony Tan Choon Keat, Chairman of Singapore Medical Group (SMG) and Founding Managing Director of Parkway Holdings, and...
IBM, the Infocomm Media Development Authority (IMDA) of Singapore, local telco M1 Limited (M1) and Samsung announced Singapore’s first 5G Industry 4.0 trial, to foster the potential of 5G for factories and generate new opportunities for Singapore’s economy...
RWDC Industries Limited, a Singapore-based biotech start-up, successfully closed a USD 133 million two-stage Series B funding round. RWDC will use the funding to meet the growing demand for “biopolymer material” polyhydroxyalkanoate (PHA). PHA is fully biodegradable...
THG, the British online retailer, plans to charter more than 100 flights in cooperation with Singapore Airlines, taking distribution into its own hands instead of relying on passenger flights operating to schedule. THG also announced the launch of its own THG Air,...
Growthwell Group, a Singaporean producer of plant-based meat alternatives, has secured USD 8 million in a funding round led by Singapore’s sovereign wealth fund, Temasek to expand its product range and geographic footprint. Other investors in the round included...
Singapore’s Land Transport Authority (LTA) has awarded a SGD 639.5 million contract for the design and construction of an Integrated Train Testing Center (ITTC) to GS Engineering and Construction Corp (GS Engineering). South Korean firm GS Engineering, the...
Singapore’s Infocomm Media Development Authority (IMDA) recently named Singtel Mobile Singapore Pte Ltd (Singtel) and the Joint-Venture Consortium (JVCo) formed by StarHub Mobile Pte Ltd (StarHub) and M1 Limited (M1) as the winners of its 5G Call for...
The COVID-19 pandemic has highlighted not only a shortage of ventilators but also an enormous strain on healthcare professionals managing many ventilators at once. Medtech startup ABMis attempting to address this issue through the development of BiWaze ION, describing...
Singapore-based Ninja Van recently became one of South East Asia’s best funded startups when it raised USD 279 million in Series D funding round amid COVID-19. Launched in 2014, Ninja Van to date has become the region’s largest and fastest-growing...
On 1 May 2020, the Trade Ministers of Singapore, Australia, Canada, South Korea, and New Zealand held a video conference session, followed by the Joint Ministerial Statement on Action Plans to Facilitate the Flow of Goods and Services as well as the Essential Movement...
Singapore’s Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have forged a SGD 10 million (USD 7 million) partnership to develop innovative energy solutions for the marine sector. As part of the partnership, both parties have signed a...
The German BEUMER Group, a global leader in the design and manufacture of intralogistics systems, has been awarded a contract to upgrade the Baggage Handling System (BHS) at Singapore Changi Airport’s Terminal 2. The project involves the refurbishment of the...
