Singapore Boosts Defense Spending to USD 19.7 Billion by 2029

Singapore Boosts Defense Spending to USD 19.7 Billion by 2029

Singapore’s defense spending is projected to reach USD 19.7 billion by 2029, reflecting the country’s continued investment in advanced military technologies to maintain its security and operational readiness. According to a report by GlobalData, the government is...
Changi Airport to Upgrade Four of its Terminals

Changi Airport to Upgrade Four of its Terminals

Singapore Changi Airport Group (CAG) has announced a substantial investment of SGD 3 billion (USD 2 billion) to upgrade four of its terminals in preparation for anticipated increases in air travel demand. This initiative comes as the airport gears up for the...
Indonesia to Acquire Two Italian PPA-Class Warships

Indonesia to Acquire Two Italian PPA-Class Warships

Indonesia has successfully obtained a loan to purchase two Thaon de Revel-class PPA (Pattugliatore Polivalente d’Altura) multi-role offshore patrol vessels from the Italian shipbuilding company Fincantieri. Indonesia is expected to designate the two multi-role patrol...
Vietnam and US Strengthen Defense Ties at Defense Expo

Vietnam and US Strengthen Defense Ties at Defense Expo

Vietnam’s Prime Minister (PM) Pham Minh Chinh welcomed a delegation of aerospace, defense, and security companies from the US-ASEAN Business Council (USABC) in Hanoi in December 2024. The delegation, led by USABC senior vice-president Brian McFeeters and I.M....