Mitsubishi Heavy Industries (MHI), a leading global industrial firm, has announced that a consortium comprising Mitsubishi Power, MHI, and Jurong Engineering Limited (JEL) had been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new...
New research and regulatory cooperation agreements have been signed between the United Kingdom and Singapore. Under the new emerging technologies agreement, both countries committed to sharing experiences of building new telecommunications infrastructure, such as 5G...
Pratt & Whitney, a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units, recently announced that its Singapore manufacturing facility had achieved full operational capability. As part of the company’s Industry 4.0...
Bluu Seafood, a German biotech startup that aims to produce sustainable and high-quality seafood products through cellular agriculture, plans to introduce lab-grown seafood in Singapore by 2024. By producing fish-grown cells in a laboratory, growing demand for seafood...
In early May 2023, global technology company Dyson announced plans to accelerate its international advanced manufacturing capabilities and global R&D footprint. These new developments, which are part of the company’s ongoing USD 3.5 billion investment plan,...
Gulf Marketing Group (GMG), a Middle Eastern conglomerate, has announced that it will open its first Sun & Sand Sports (SSS) store in Singapore. SSS, established in Dubai in 1979, is the middle east’s largest sports retailer, and has been credited for championing...
The US Department of Treasury and the Monetary Authority of Singapore (MAS) have announced an expansion of their collaboration related to cyber and operational resilience issues. This move comes after a three-day cross border cybersecurity exercise held in late April...
The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MoU) with Wärtsilä, a Finnish company that manufactures and services power sources in the marine and energy markets, to collaborate on projects to enable the introduction of...
Amidst a recent expansion of operations by the biopharma industry in Singapore, Thermo Fisher is the latest player to expand its manufacturing and research capabilities in the city-state. In late May 2023, the company officially opened its new sterile drug...
Amidst record-breaking temperatures in Asia, Singapore is putting increased efforts to decarbonize shipping, being the largest refueling hub for ships in the world. With ships globally emitting a total of around 1 billion tons of carbon dioxide a year, or about 3% of...
Singapore plans to strengthen the country’s energy resilience, with the Energy Market Authority (EMA) announcing plans to build 2 open cycle gas turbine (OCGT) generation units. The units, which run on natural gas with diesel as a backup, are expected to go...
In early June 2023, Estonia announced the opening of its embassy’s new premises in Singapore, as well as a trade and business hub. Estonia is among the European Union’s most digitally advanced economies, and the Estonian Business Hub is the country’s second such hub,...
