(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
(IN BRIEF) BMT has entered into a Long-Term Agreement (LTA) with Singapore-based Strategic Marine, aiming to drive the offshore wind crew vessel industry toward greater sustainability. This partnership will focus on enhancing the StratCat range of Crew Transfer Vessel (CTV) … Read the full press release
(IN BRIEF) A new report by EY highlights the pressing need for universities to revamp their digital education practices and improve the overall student experience. The report, based on data from over 3,000 undergraduate and postgraduate students across eleven countries … Read the full press release
Posted in Business, Education, Government, Industrial, Internet & Online, Management, News, Technology, United Kingdom
Tagged Australia, CANADA, Catherine Friday, digital, Education, EY, INDIA, Ireland, Japan, New Zealand, partnership, Saudi Arabia, Singapore, student, United Arab Emirates, United Kingdom, universities, US
(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has appointed Abbas Rangwala as the Head of M&A for Southeast Asia & India, a newly created role based in Singapore. With over 20 years of experience in corporate finance, strategy, … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, News
Tagged Abbas Rangwala, Amit Tanna, appointment, Bertrand Guiot, Groupe BPCE, Head of M&A, INDIA, leadership, Miranda Zhao, Natixis CIB, partnership, Singapore, Southeast Asia
(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged expansion, Financial, Neste, oil products, refinery, Singapore, Susanna Sieppi
(IN BRIEF) The USDA Biofuels Annual Report for September 2023 suggests that Neste, a renewable products refinery in Singapore, may have received fraudulent volumes of used cooking oil (UCO), specifically virgin palm oil from Indonesia, exported fraudulently as UCO via … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Finland, Management, News
Tagged Fraudulent Palm Oil Shipments, Neste, Singapore, USDA Report
(IN BRIEF) Neste has announced the resumption of renewable diesel production at its Singapore refinery expansion in early August, following an equipment-related shutdown in June. The company is working to ramp up production at the expanded facility, with plans to … Read the full press release
(IN BRIEF) Neste, a leading producer of sustainable aviation fuel (SAF), has completed its EUR 1.6 billion Singapore Expansion project. The expansion has doubled Neste’s production capacity in Singapore, making it the world’s leading SAF producer. The refinery’s total capacity … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Transportation & Logistics
Tagged AMS, Green Plan 2030, HEL, LAX, Matti Lehmus, Neste, Neste MY Sustainable Aviation Fuel™, refinery expansion, renewables, SAF, Sami Jauhiainen, SFO, Singapore, Singapore Changi Airport, Singapore refinery expansion, Sustainable Air Hub Blueprint, sustainable aviation fuel
(IN BRIEF) German defense and automotive company Rheinmetall will present its “Total Ship Trainer” at the IMDEX Asia trade fair in Singapore from May 3 to 5, 2023. The Total Ship Trainer is a networked and integrated solution for realistic … Read the full press release
Posted in Automotive, Business, Defence, Germany, Industrial, Management, News
Tagged IMDEX Asia trade fair, Rheinmetall, Royal Thai Navy, Ship Crews, Singapore, Total Ship Trainer, training
(IN BRIEF) Energy expert and assurance provider DNV has expanded its Singapore laboratory with new testing equipment to evaluate the safety of hydrogen transport and storage facilities. The lab includes a hydrogen-ready integrated solution for fatigue crack growth rate (FCGR) … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Norway
Tagged Brice Le Gallo, DNV, hydrogen, Lab Expansion, Singapore
(PRESS RELEASE) LUDWIGSHAFEN, 12-Jan-2023 — /EuropaWire/ — BASF (ETR: BAS), the world’s largest chemical producer, has announced the appointment of Dr. Achim Sties as the new Senior Vice President of its plastic additives business unit. The appointment will take effect … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged appointment, BASF, Dr. Achim Sties, leadership, plastic additives, Senior Vice President, Singapore
(PRESS RELEASE) BÆRUM, 2-Dec-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced that its DATE (Direct Access to Technical Experts) center in Singapore is celebrating its 10th anniversary. Launched 10 years ago on 3 December … Read the full press release
Posted in Business, Industrial, Management, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged Cristina Saenz de Santa Maria, DATE, Direct Access to Technical Experts, DNV, Helpdesk, Machine Learning, MARPOL, ML technology, Sanjiv Mishra, ship managers, ship operators, shipboard emergencies, Singapore, SOLAS
(PRESS RELEASE) ESPOO, 26-Sep-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that the first ever helicopter flight fueled with … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Finland, Industrial, Transportation & Logistics
Tagged Bell, Bell 505, helicopter, Jacinto Monge, Jet Aviation, Neste, Neste MY Sustainable Aviation Fuel, SAF, Safran Helicopter Engines, Sami Jauhiainen, Seletar Airport, Shell Aviation, Singapore, Valerie Patuel
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
