(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Allianz, Asia-Pacific Growth, Income Insurance Acquisition Plan, partnership, Renate Wagner, Singapore
(IN BRIEF) The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) successfully completed its first pilot for bunkering mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam. Shell supplied 100 tonnes of LBM, made from waste-based feedstock, to CMA CGM’s LNG-powered … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged Bio-Methane Pilot, decarbonization, partnership, Rotterdam, Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC), Singapore, sustainability
(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged ASIA, Barclays, Evonne Tan, partnership, Private Bank Booking Centre, Sasha Wiggins, Singapore, sustainability
(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
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