Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia
Monthly Business News to Help You Understand the Market
KLA Expands Operations in Singapore with New Manufacturing Facility
KLA, a global leader in semiconductor equipment and services, has completed the first phase of its USD 200 million expansion in Singapore, unveiling a state-of-the-art ...
PSA Breaks Ground on Advanced Supply Chain Hub at Tuas
PSA Singapore has launched the construction of the PSA Supply Chain Hub @ Tuas (PSCH), a two million-square-foot facility designed to transform logistics and supply chain ...
OpenAI Establishes New Regional Hub in Singapore
OpenAI, known for its development of generative artificial intelligence technologies like ChatGPT, is set to open its second Asian office in Singapore in late 2024. This new ...
Singapore Advances AI and Genomics in Public Healthcare
The Singapore Government has announced an SGD 200 million (USD 149 million) investment over five years to enhance the use of artificial intelligence (AI) tools and genomics ...
EMA Launches Grant Call to Explore Carbon Capture and Storage in the Power Sector
The Energy Market Authority (EMA) has initiated a Grant Call to support feasibility studies for carbon capture and storage (CCS) in Singapore's power sector. Targeting power ...
Singapore Seeks Proposals on Regulatory Sandbox for Virtual Power Plants
Singapore is advancing its efforts to harness distributed energy resources (DERs) through a Consultation Paper and Call for Regulatory Sandbox Proposals, launched by the ...
Singapore’s M&A Market Sees Significant Growth in 2024
Singapore's position as a regional hub for mergers and acquisitions (M&As) continues to strengthen, with deal values surging in 2024. According to data from the London ...
Air New Zealand Undertakes Major Retrofit of Boeing 787-9 Fleet in Singapore
Air New Zealand has embarked on an ambitious project to modernize its Boeing 787-9 Dreamliner fleet. The first of 14 aircraft arrived in Singapore on October 14th, 2024, to ...
International Collaborations Support Singapore’s 30 by 30 Food Security Initiative
In an ambitious move to bolster Singapore's food security and technological expertise in agriculture, local farms are increasingly engaging in international collaborations to ...
Ireland Grows Meat and Dairy Exports to Thailand and Vietnam
Ireland’s Minister of State at the Department of Agriculture, Food and the Marine, Senator Pippa Hackett, recently concluded a trade mission to Thailand and Vietnam, focused ...
Royal Thai Air Force Strengthens Partnership with German Manufacturer
The Royal Thai Air Force (RTAF) has reinforced its partnership with German weapon manufacturer Diehl Defence through a recent agreement focused on the technical and ...
Investment in Thailand Reaches 10-year Peak, Driven by Electronic Manufacturing and Data Center Projects
The Thailand Board of Investment (BOI) reported a 42% year-on-year increase in investment promotion applications in the first nine months of 2024, reaching a value of THB ...
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