CIMIC Group subsidiary Leighton Asia has secured a contract from PUB, Singapore’s National Water Agency, for the reconstruction of Choa Chu Kang Waterworks. The project is projected to bring in about SGD 144 million (USD 106.3 million) for Leighton Asia. Choa...
Pharmaceutical giant AstraZeneca is set to open a USD 1.5 billion cancer drug manufacturing plant in Singapore, as part of its global expansion strategy. The new factory highlights a growing trend among pharmaceutical companies to establish production facilities in...
Singtel and Indonesia’s Telin have partnered to establish a new submarine cable system connecting Singapore and Batam Island in Indonesia. The two Southeast Asian telecom operators announced on Friday that they have signed a memorandum of understanding to...
Foot traffic and sales have slowed at Singapore’s premier shopping district on Orchard Road, but a local tech start-up, Alteredverse, aims to rejuvenate the area by attracting a younger crowd through innovative digital solutions. Alteredverse has partnered with...
Kazakhstan and Singapore have entered into agreements across six key areas, marking a milestone in their bilateral relations. The agreements encompass economic integration, security, enterprise standards, intellectual property (IP) rights protection, higher education,...
Singapore’s healthcare infrastructure is set to undergo a transformative expansion with the introduction of a pioneering hospital campus in the eastern region by 2030. This initiative, announced at the ground-breaking ceremony officiated by Minister for Health...
Changi Airport announces plans to build a 2.5km underground link connecting the future Terminal 5 (T5) to Terminal 2 (T2), part of ongoing efforts to enhance inter-terminal connectivity. Scheduled for completion in the mid-2030s, the project forms a vital component of...
Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the National Research Foundation (NRF) and hosted by the Agency for Science, Technology and...
Seatrium Limited and Singapore’s Agency for Science, Technology and Research (A*STAR) have announced a strategic collaboration to explore innovative opportunities in offshore energy and artificial intelligence (AI) for the Offshore and Marine (O&M) sector. The...
Renowned K-beauty brand Jungsaemmool debuts its global flagship store in a 4,972 sq ft colonial bungalow on Scotts Road. This heritage site is the chosen location for K-beauty brand Jungsaemmool’s first global flagship store outside South Korea. The space is envisaged...
ExxonMobil, Nanyang Technological University (NTU) Singapore, and ASTAR have launched the ExxonMobil-NTU-ASTAR Corporate Lab to develop solutions to reduce carbon emissions and foster sustainability. The USD 44.5 million (SGD 60 million) lab, inaugurated by Mr. Heng...
The Asian Development Bank (ADB) projects that Singapore’s economic growth will accelerate to 2.4% in 2024 and 2.6% in 2025, driven by stronger exports and a resurgence in global electronics demand. This is a notable increase from the 1.1% growth expected in 2023. The...
