Singapore’s lead public sector research agency, Agency for Science, Technology and Research (A*STAR) launched a SGD 38 million (USD 28 million) hyper-personalized manufacturing initiative for the fast-moving consumer good (FMCG) sector at the annual Industrial...
Changi Airport Group (CAG) announced on 24 October 2019 that it has awarded its core-category Liquor & Tobacco concession tender to South Korean retailer, Lotte Duty Free (Lotte). The concessions was with the Hong Kong-based DFS Group for 40 years, which decided...
On 8 November 2019, the Council of the European Union (EU), comprising ministerial-representatives of the EU’s 28 member states, has adopted the decision to conclude the EU-Singapore Free Trade Agreement (EUSFTA). This is the final stage in the EU’s internal approval...
London-based fintech-as-service player Rapyd has entered into partnerships with key players of Singapore’s payments ecosystem to provide a single “Singapore Platform” enabling businesses to go cashless. The platform launched on 8 November...
The Energy Market Authority (EMA), the regulator of the electricity and gas industries; the Ministry of the Environment, Water Resources (MEWR); and SP Group, the sole electrical grid and gas grid operator in Singapore, announced three new initiatives on 5 November...
On 17 October 2019, Singapore and the United States of America signed a Framework to Strengthen Infrastructure Finance and Market Building Cooperation. The agreement builds on broader initiatives between Singapore and the US, and aims to facilitate technical exchanges...
Scientists and clinicians from several research institutions in Singapore have established a new genetic databank containing the completed whole-genome sequencing (WGS) data of close to 5,000 Singaporeans. The study, published in Cell on 17 October 2019, is the...
In November 2019, Singapore launched a National AI Strategy consolidating all current existing initiatives related to AI, such as those with AI Singapore (AISG), a national AI program launched by the National Research Foundation (NRF) in 2017 with funding of SGD 150...
The world’s first full-scale air taxi “vertiport” was unveiled on 21 October 2019 during the Intelligent Transport Systems (ITS) World Congress in Singapore, through a collaboration between Volocopter, the German urban air mobility and air taxi company,...
The China-Singapore (Chongqing) International Data Channel (IDC) was launched on 11 September 2019, providing a dedicated 260Gbps data channel between Singapore and Chongqing and offering better network experience through lower latency, lower packet loss and better...
German manufacturer of bioabsorbable orthopedic metal implants, Syntellix, inaugurated a production site in Singapore’s Tuas Biomedical Park on 10 September 2019. The manufacturing facility hosts the first dry CNC processing of highly advanced magnesium alloys ever...
At the inaugural Asia Infrastructure Forum (AIF) in Singapore on 2 October, Infrastructure Asia (IA) entered into five partnerships to deepen collaborations with multilateral development banks (MDBs), and public sector agencies. IA was set up by two Singapore...
