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
Changi Airport Nears Pre-Pandemic Recovery with Strong Growth in Passenger and Cargo Movements
Singapore Changi Airport experienced robust growth in passenger and aircraft movements from April to June 2024, handling 16.5 million passengers, a 13.4% increase ...
SMRT Expands Themed Retail Concepts at MRT Stations with Health and Wellness Focus
SMRT, Singapore's leading public transport operator, has introduced a new themed retail concept at Dhoby Ghaut MRT station, known as Staytion Lifestyle Centre. This ...
Singapore Approves Insect Species for Human Consumption and Animal Feed Under New Regulatory Framework
The Singapore Food Agency (SFA) has recently approved 16 insect species for human consumption and animal feed, marking a significant step forward in the country's food ...
Seche Environnement Acquires Singapore’s Leading Hazardous Waste Company, ECO Industrial Environmental Engineering
French industrial group Seche Environnement has reached an agreement to acquire Singapore’s ECO Industrial Environmental Engineering for approximately SGD 605 million (USD ...
Strategic Infrastructure Enhancements and Key Tenders Issued by Singapore’s PSA and LTA
Singapore’s Land Transport Authority (LTA) has announced plans to enhance the road network in Tuas South, with construction set to begin in 2025. These developments are part ...
Pfizer Opens High-tech Facility in Singapore for Drug Ingredient Production
Pfizer has expanded its manufacturing capabilities in Singapore with an SGD 1 billion (USD 0.77 billion) extension at its Tuas facility, focusing on the production of active ...
Singapore Launches International Collaboration on Decarbonization with CREATE Program
The National Research Foundation (NRF) has launched a new Decarbonization Program under the Campus for Research Excellence and Technological Enterprise (CREATE) initiative, ...
JTC Expands Land for Semiconductor Manufacturing as Singapore Strengthens Its Role in the Global Chip Industry
JTC, Singapore's government industrial planner, is preparing to expand the country's semiconductor manufacturing capabilities by increasing available land in its wafer ...
Singapore Launches Roads Innovation Lab to Drive AI and Quantum Computing in Transportation
Singapore is advancing its transportation sector with the launch of a new Roads Innovation Lab by the Land Transport Authority (LTA), aimed at accelerating the integration of ...
Israeli Agritech Firms Keen to Collaborate with the Philippines
Eleven Israeli companies are set to introduce and sell advanced agricultural technologies in the Philippines. The Israel Agricultural-Tech Roadshow in Makati City attracted ...
U.S. Commits USD 500M to Modernize Philippine Military and Coast Guard
The U.S. and Philippine officials have unveiled new initiatives to strengthen defense and security cooperation. The U.S. will provide USD 500 million in foreign military ...
Converge ICT Solutions Partners with U.S.-based Super Micro Computer for AI Integration in Data Centers
Converge ICT Solutions Inc. has announced a partnership with Super Micro Computer Inc. to integrate artificial intelligence (AI) into its three upcoming data centers in ...
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