(IN BRIEF) Merck has partnered with NTU Singapore’s Digital Trust Centre (DTC) to advance digital trust technologies in industries requiring high security and compliance. The collaboration will deploy Merck’s digital-physical trust platform in Singapore, the first of its kind in … Read the full press release
(IN BRIEF) Burberry has opened a new store in Singapore at the Wisma Atria shopping mall on Orchard Road, designed to blend British architectural heritage with contemporary style. The store features materials like Portland stone and black cast iron, tying … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, United Kingdom
Tagged British Heritage, Burberry, Orchard Road, partnership, Singapore, sustainability
(IN BRIEF) Hempel has joined RightShip’s Zero Harm Innovation Partners Program, marking a significant step in promoting sustainable maritime practices. The collaboration focuses on Hempel’s Hempaguard, a silicone hull coating that significantly reduces fuel consumption, CO2 emissions, and in-water environmental … Read the full press release
Posted in Business, Chemicals, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Ajinkya Kadam, Alexander Enström, Hempel, Maritime Practices, partnership, RightShip, Singapore, sustainability, Zero Harm Innovation Partners Program
(IN BRIEF) Saab and Singapore’s Defence Science and Technology Agency (DSTA) have expanded their partnership through a new Memorandum of Understanding (MoU) to advance underwater defense technologies. Building on a 2023 agreement, the collaboration now includes joint studies on operational … Read the full press release
(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release
(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI Adoption, AI Lab, INNOVATION, Mr. Anil Wadhwani, Mrs. Josephine Teo, Ms. Gillian Tan, partnership, Prudential, Singapore
(IN BRIEF) Standard Chartered and Ant International have completed SGD-denominated liquidity transfers using Ant’s blockchain-powered Whale platform, advancing real-time, 24/7 treasury management. The platform uses blockchain and AI to enhance fund transfer efficiency, transparency, and security for Ant’s global treasury … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 24/7 Liquidity Transfers, AI, Ant International, Blockchain-Powered Whale Platform, Kelvin Li, Mahesh Kini, partnership, Singapore, Standard Chartered
(IN BRIEF) Standard Chartered has conducted its first blockchain-based HKD intra-group transactions with Ant International, using Ant’s Whale platform for more efficient treasury management. This collaboration demonstrates both companies’ commitment to leveraging advanced technology for secure, transparent transactions, with Standard … Read the full press release
(IN BRIEF) trinamiX GmbH, a subsidiary of BASF specializing in mobile spectroscopy solutions, will showcase its innovative plastic and textile identification technologies at the Plastics Recycling Show Asia (PRSA) 2024 in Singapore on November 13-14. The company aims to highlight … Read the full press release
Posted in Business, Chemicals, Electronics & Machinery, Environment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology
Tagged Adrian Vogel, BASF, Innovative Recycling Solutions, partnership, Plastics Recycling Show Asia (PRSA) 2024, Singapore, sustainability, trinamiX, trinamiX Mobile NIR (Near-Infrared) Spectroscopy Solutions
(IN BRIEF) Standard Chartered has officially launched its Sustainable Finance variants of Borrowing Base Trade Loans (BBTL), enhancing its suite of Sustainable Trade Finance solutions to support the decarbonization of the commodities sector. This innovative financing option will be accessible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Technology, United Kingdom
Tagged Borrowing Base Trade Loans (BBTL), Finance Options, Hong Kong, partnership, Singapore, Sofia Hammoucha, South Africa, Standard Chartered, sustainability, the UK, UAE, United States
(IN BRIEF) PATRIZIA has partnered with Singapore’s Far East Organization to spearhead the repositioning of Pinners Hall, a landmark office building in London, into a premier office space. This initiative aligns with PATRIZIA’s “future of the office” strategy and will … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Far East Organization, London, Mahdi Mokrane, partnership, PATRIZIA, Pinners Hall, Repositioning, Singapore, Stiff + Trevillion, sustainability, Wendy Lai
(IN BRIEF) Brightsight, an SGS company, has received official recognition from EMVCo for its Singapore facility, making it an authorized laboratory for conducting EMV security evaluations on platforms and applications (ICC). This accreditation allows Brightsight to provide local and international … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged ASIA, Brightsight, EMVCo, Kai-Fan Chang, partnership, Payment Security Certification, SECURITY, SGS, Singapore
(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Abolis Biotechnologies, BOLD (Business Opportunities for L’Oréal Development), Clay Capital, DeepTech & Climate Fonds, Evonik, France, investment, Netherlands, partnership, Singapore, sustainability
(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release
(IN BRIEF) Ramboll has acquired i3 Solutions Group, a UK and Singapore-based data centre consulting firm, strengthening its global presence in data centre consulting. This acquisition, following Ramboll’s 2022 purchase of EYP Mission Critical Facilities, expands its expertise in strategy, … Read the full press release
(IN BRIEF) Siemens Mobility has secured a 270 million Euro contract to lead a consortium in delivering the power supply system for Singapore’s Cross Island Line. The project will include the design, supply, installation, and commissioning of advanced electrical systems, … Read the full press release
(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Healthcare, Industrial, Insurance, Internet & Online, Investment, Management, News, Technology, United Kingdom
Tagged Africa, AI Lab, ASIA, Google Cloud, Healthcare, insurance, partnership, Prudential, Singapore, sustainability, Thomas Kurian
(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release
(IN BRIEF) Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a subsidiary of Temasek. This acquisition includes Pavilion Energy’s global LNG trading business, which handles … Read the full press release
(IN BRIEF) Project Viridis, a collaborative effort between the Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS), introduces a groundbreaking blueprint for integrating regulatory frameworks with climate data to address climate-related financial risks. The initiative, outlined … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Bank for International Settlements (BIS), Celine Sia, climate resilience, Financial Risks, Maha El Dimachki, Monetary Authority of Singapore (MAS), partnership, Project Viridis, Singapore, sustainability
(IN BRIEF) Leighton Asia, a CIMIC Group company, has clinched a contract worth approximately A$160 million for the reconstruction of Choa Chu Kang Waterworks, one of Singapore’s major water treatment facilities. The project, awarded by PUB, Singapore’s National Water Agency, … Read the full press release
(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged Adyen, Australia, CANADA, CHINA, Cotti Coffee, customer experience, expansion, Japan, partnership, Singapore, sustainability, UAE, Warren Hayashi, Yingbo Li
(IN BRIEF) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, INNOVATION, Mr. Bill Chang, Network APIs, Niklas Heuveldop, partnership, Singapore, Singtel, sustainability, Vonage
(IN BRIEF) Deutsche Bank has successfully raised 400 million Singapore Dollars (SGD) in senior non-preferred notes, marking its second venture into the SGD market. The funds will be used for general corporate purposes. Jonathan Blake, Deutsche Bank’s Head of Issuance … Read the full press release
Posted in Banks, Business, Financial, Germany, Investment
Tagged Asia Pacific, Deutsche Bank, Fiona Ip, Jonathan Blake, Oxley Holdings, Singapore, Singaporean Government
(IN BRIEF) Standard Chartered and DHL Express have entered a strategic partnership to advance the use of Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service. This collaboration enables Standard Chartered to offset CO2 emissions associated with its upstream logistics … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged DHL Express, Khuresh Faizullabhoy, partnership, Singapore, Standard Chartered, sustainability, sustainable aviation fuel, Yung C. Ooi
(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release
Posted in Business, Economy, Germany, Industrial, Transportation & Logistics
Tagged Business Growth, CHINA, Deglobalization, DHL, economic resilience, Economic Trends, Europe, geopolitical tensions, globalization, Ih-Ming Chan, International Relations, John Pearson, New York University's Stern School of Business, pandemic, Regionalization, RUSSIA, Singapore, Steven Altman, trade, United States
(IN BRIEF) In a collaborative effort between Eviden, A*STAR’s Institute of High Performance Computing (IHPC) in Singapore, and MajuLab, a comprehensive initiative has been announced to benchmark and enhance the energy efficiency of quantum computing. With the potential of quantum … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged Alexia Auffèves, Atos, Dr. Su Yi, Dr. Cédric Bourrasset, energy efficiency, Eviden, Institute of High Performance Computing (IHPC), MajuLab, partnership, quantum computing, Singapore, sustainability
(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged acquisition, CHINA, City Zone Express, Hansjörg Rodi, Kuehne+Nagel, logistics, Malaysia, partnership, S. Pirithivaraj A/L Selvarajoo, Singapore, sustainability, THAILAND, Vietnam
(IN BRIEF) Barco, a leading provider of visualization technology, has appointed Ingram Micro, a prominent IT distributor in Asia Pacific, as its new distribution company for G-series projection and image processing solutions in Singapore. With Ingram Micro’s reputation for providing … Read the full press release
Posted in Belgium, Business, Electronics & Machinery, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Barco, Eunice Lau, Ingram Micro, Jasline Tay, partnership, ProAV Solutions, Singapore
(IN BRIEF) Ericsson has announced Singtel’s participation in its Startup 5G program, aimed at fostering innovation in 5G solutions and applications. Singtel will gain access to Ericsson’s research data and collaborate with startups in areas like gaming, e-commerce, and smart … Read the full press release
(IN BRIEF) The Singapore Hydrogen Cooperation Committee, formed by Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), and Linde, is advancing hydrogen fuel’s potential role in the nation’s aviation decarbonization strategy. Tasked with examining regional hydrogen market dynamics, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), decarbonization, Hydrogen Fuel, John Panikar, Linde, Mr Han Kok Juan, Ms Poh Li San, partnership, Sabine Klauke, Singapore, Singapore Aviation Committee, sustainability
(IN BRIEF) Airbus has signed a Memorandum of Understanding (MOU) with the Singapore Economic Development Board (EDB) to pave the way for the establishment of a Sustainable Aviation Hub in Singapore. This hub, to be hosted within Airbus’ Singapore Campus … Read the full press release
(IN BRIEF) Thales is expanding its presence in Singapore by establishing a Centre of Excellence for avionics and Digital Identity & Security engineering footprint. These initiatives, in collaboration with the Singapore Economic Development Board, aim to strengthen Thales’ position as … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, France, Industrial, Security & Safety, Technology, Telecom
Tagged AAIC, advanced AI, AI-assisted Technologies, avionics, biometrics, Cindy KOH, cloud-based connectivity, CoE for Hardware, Cyber Security Hub, Cybersecurity, digital identity, DIS ECC, Embedded Software, Emily Tan, Lim Tse Yong, Pascale SOURISSE, Patrice Caine, PNG Cheong Boon, Security Engineering, Singapore, Singapore Airshow 2024, smart factory, smart manufacturing, Thales, LIM Tse Yong
(IN BRIEF) Merck, a leading science and technology company, has inaugurated the Merck Digital Hub in Singapore, its first digital hub outside of the US and Europe. Supported by the Singapore Economic Development Board (EDB), the hub aims to accelerate … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Athinia™, Digital Hub, Healthcare, Laura Matz, Merck, partnership, Semiconductor Innovation, Singapore, Singapore Economic Development Board (EDB), sustainability, Syntropy™, Wan Yee Goh
(IN BRIEF) DNV and SDTR Marine, a Singapore-based shipping company, have joined forces in a Joint Development Project (JDP) to conduct a feasibility study on Carbon Capture and Storage (CCS) for SDTR Marine’s 85,000 dwt Kamsarmax bulk carrier. The collaboration … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway, Technology, Transportation & Logistics
Tagged carbon capture and storage, CCS, Cristina Saenz de Santa Maria, decarbonizing shipping, DNV, feasibility study, Gao Dehui, JDP, Joint Development Project, Kamsarmax bulk carrier, maritime, maritime vessels, SDTR Marine, shipping, Singapore
(IN BRIEF) Ericsson, a global leader in telecommunications, has named Daniel Ode as the Head of Ericsson for Singapore, Brunei, Philippines, and Head of Global Customer Unit (GCU) Singtel Group in Market Area Southeast Asia, Oceania & India (MOAI). With … Read the full press release
Posted in Business, Government, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged appointment, Brunei, Daniel Ode, Ericsson, Global Customer Unit, leadership, Nunzio Mirtillo, PHILIPPINES, Singapore, Singtel Group
(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, deal, Financial, investment, partnership, Singapore, Singlife, Sumitomo, sustainability
(IN BRIEF) Thales has secured a contract with Singapore’s Land Transport Authority (LTA) to modernize two key depots serving the North-South and East-West Lines (NSEWL) of the Mass Rapid Transit (MRT) network. These are vital routes for over 1.4 million … Read the full press release
Posted in France, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged advanced interlocking solution, Alcino De Sousa, Bishan Depot, DEPOT SIGNALLING, Land Transport Authority, LTA, Mass Rapid Transit, MRT, rail lines, rail signalling system, Singapore, Thales, Toa Payoh, Ulu Pandan Depot, Yio Chu Kang, Yu Feng
(IN BRIEF) Trust Bank Singapore Limited, a digitally-native bank, has partnered with Thales to introduce Ocean Plastic® credit and debit cards made from recycled ocean plastic. These sustainable cards are manufactured at Thales’ state-of-the-art facility in Singapore and contain 70% … Read the full press release
(IN BRIEF) Trust, Singapore’s first digitally-native bank, has achieved rapid growth since its launch in September 2022, with over 600,000 customers within one year, making it one of the world’s fastest-growing digital banks. In its commitment to environmental sustainability, Trust … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged eco-friendly, Hasan Khan, Nassir GHROUS, Ocean Plastic®, partnership, Payment Card, Singapore, sustainability, Thales, Trust Bank
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