Tag Archives: Singapore

Merck Launches Digital Hub in Singapore to Drive Healthcare and Semiconductor Innovation

(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

DNV and SDTR Marine Collaborate on CCS Feasibility Study for Bulk Carrier

(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

Ericsson Appoints Daniel Ode as Head of Singapore, Brunei, Philippines, and Global Customer Unit for Singtel Group

(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

Aviva Expects £80 Million Boost in Singlife Sale Proceeds Due to Sumitomo Deal

(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

Thales Awarded Contract to Modernize Critical MRT Depots in Singapore

(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

Sustainable Banking: Trust Bank Singapore and Thales Offer Ocean Plastic® Card Solution

(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

Singapore’s Trust Bank Partners with Thales to Launch Eco-Friendly Ocean Plastic® Payment Card

(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

BMT and Strategic Marine Form Partnership to Advance Sustainable Offshore Wind Crew Vessels

(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

EY Report Calls for Urgent Digital Overhaul in Universities to Enhance Student Experience

(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

Natixis CIB Appoints Abbas Rangwala as Head of M&A for Southeast Asia & India

(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

Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion

(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

Neste Addresses USDA Report on Suspected Fraudulent Palm Oil Shipments as Company Continues to Uphold Supply Chain Integrity

(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

Neste’s Singapore Refinery Expansion Resumes Renewable Diesel Production After Repairs

(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

Neste Acquires Stake in Changi Airport Joint Venture to Supply Sustainable Aviation Fuel

(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

Rheinmetall Delivers Total Ship Trainer to Royal Thai Navy for Realistic Land-Based Training of Complete Ship Crews

(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

DNV Reinforces Global Position on Materials Testing for Hydrogen with Singapore Lab Expansion

(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

Dr. Achim Sties to lead BASF’s global plastic additives business unit

(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

Anniversary: DNV’s DATE (Direct Access to Technical Experts) center in Singapore turns 10

(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

First ever helicopter flight fueled with Sustainable Aviation Fuel (SAF) in Southeast Asia took off from Singapore

(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

DNV and the Singapore Institute of Technology (SIT) partner over the advancement of the 2D (decarbonization and digitalization) efforts in Singapore’s maritime sector

(PRESS RELEASE) BÆRUM, 23-Sep-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced a new partnership with the Singapore Institute of Technology (SIT), an autonomous university in Singapore that offers applied learning with extensive work-study degrees, … Read the full press release