Tag Archives: Singapore

Standard Chartered and DHL Express Forge Partnership for Sustainable Aviation Fuel Initiative

(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

DHL Global Connectedness Report 2024: Insights into Global Flows Amidst Pandemic and Geopolitical Strains

(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

Advancing Quantum Computing: A Franco-Singaporean Drive for Energy Efficiency

(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

Kuehne+Nagel Strengthens Cross-Border Road Logistics with City Zone Express Acquisition

(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

Barco Partners with Ingram Micro to Expand Distribution of ProAV Solutions in Singapore

(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

Singtel Partners with Ericsson to Drive Innovation in 5G Connectivity Solutions

(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

Singapore Aviation Committee Propels Hydrogen Fuel as Key to Decarbonization

(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

Airbus and Singapore Economic Development Board Partner to Establish Sustainable Aviation Hub

(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

Tech Advancements: Thales Establishes Avionics and Cybersecurity Hub in Singapore

(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

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