PacificLight Power is set to develop a USD 1 billion hydrogen-compatible natural gas power plant on Jurong Island in Singapore, slated to begin operations by 2029. With a capacity of at least 600 MW, this plant will be the largest and most efficient combined-cycle gas...
BMW Group has entered into a battery recycling partnership with Singapore-based SK tes to recover critical raw materials such as cobalt, nickel, and lithium from used batteries. The collaboration, launched in Europe, aims to integrate recycled materials into BMW’s...
Resorts World Sentosa (RWS) has initiated a USD 5.07 billion (SGD 6.8 billion) expansion project, slated for completion by 2030, aiming to enhance its appeal amid intensifying global tourism competition. The development will introduce two luxury hotels, adding 700...
Micron Technology has started the construction of a High-Bandwidth Memory (HBM) advanced packaging facility in Singapore, part of a USD 7 billion investment to expand its semiconductor capabilities. The facility, located next to Micron’s existing operations, is...
Olam Agri, headquartered in Singapore, has signed a Memorandum of Understanding (MoU) with German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to enhance sustainability in the global agri-food sector. This collaboration will...
The Singapore Eye Research Institute (SERI) is forging strategic alliances with international partners to advance ophthalmic treatments and technologies. In November 2024, SERI and the Singapore National Eye Centre (SNEC) entered a three-year collaboration with the...
Nature-themed entertainment and retail complex Jewel Changi Airport saw record-breaking foot traffic and sales in 2024, driven by a steady recovery in air travel. The retail and lifestyle hub recorded over 80 million visitors from January to December, marking a 10%...
Singapore’s Digital and Intelligence Service (DIS) has signed a three-year Memorandum of Understanding (MOU) with Dragos Inc., a U.S.-based cybersecurity firm specializing in operational technology (OT) security. The agreement aims to enhance Singapore’s cybersecurity...
Singapore’s Ministry of Trade and Industry (MTI) announced on November 2024 during the COP29 climate summit that it has successfully concluded negotiations on a bilateral carbon trading agreement with Peru. This Implementation Agreement (IA), aligned with Article 6 of...
Robinhood Markets Inc., a US-based brokerage firm is set to expand its operations into Asia, establishing Singapore as its regional base starting next year. This move follows Robinhood’s recent entry into the UK market, where it has begun offering some of its...
Singapore’s Land Transport Authority (LTA) has opened a tender for the operation of 27 bus routes under the Tampines bus package, set to commence in July 2026. This initiative emphasizes the importance of electric bus operations, as the LTA aims to enhance the...
Sanofi, a French pharmaceutical giant, has opened a new USD 800 million manufacturing facility named Modulus in Tuas Biomedical Park, Singapore. This 58,000 square meter plant is set to produce vaccines and other biopharmaceutical products, including enzymes and...
