COP29: Singapore and Peru Agree on Article 6 Carbon Credits

COP29: Singapore and Peru Agree on Article 6 Carbon Credits

Jan 22, 2025

Singapore’s Ministry of Trade and Industry (MTI) announced on November 2024 during the COP29 climate summit that it has successfully concluded negotiations on a bilateral carbon trading agreement with Peru. This Implementation Agreement (IA), aligned with Article 6 of...
Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Jan 22, 2025

Robinhood Markets Inc., a US-based brokerage firm is set to expand its operations into Asia, establishing Singapore as its regional base starting next year. This move follows Robinhood’s recent entry into the UK market, where it has begun offering some of its...
Biggest Local Train and Bus Depot Set to Open in 2026

Biggest Local Train and Bus Depot Set to Open in 2026

Jan 22, 2025

Singapore’s Land Transport Authority (LTA) has opened a tender for the operation of 27 bus routes under the Tampines bus package, set to commence in July 2026. This initiative emphasizes the importance of electric bus operations, as the LTA aims to enhance the...
Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Jan 22, 2025

Sanofi, a French pharmaceutical giant, has opened a new USD 800 million manufacturing facility named Modulus in Tuas Biomedical Park, Singapore. This 58,000 square meter plant is set to produce vaccines and other biopharmaceutical products, including enzymes and...
Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant Reshuffles Supermarket Deck as Customer Preferences Change

Jan 22, 2025

Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. These closures come amid rising operational costs and intense competition, with rival Sheng Siong...