Tender for Five Vegetable Farming Sites Launched to Boost Singapore’s Food Resilience
The Singapore Food Agency (SFA) recently announced the launch of a tranche of 5 land parcels for vegetable farming in the Lim Chu Kang and Sungei Tengah area, with public tenders for the parcels being accepted. Each land parcel is expected to be between 20,000 and...
Tech-enabled Coffee Chains Eyeing Singapore as Prized Battleground for Supremacy
Asian technology-driven coffee chains are seeking to expand their presence in Singapore. Luckin Coffee, a Beijing-based brand that heavily incorporated technology, went public in New York in 2019, achieving a valuation of USD 4.2 billion within just two years of...
KKR to Acquire Stake in SingTel’s Regional Data Centre Unit for USD 807 million
KKR, a global investment firm, is set to acquire a 20% stake in Singapore Telecommunications (SingTel)’s regional data center business for SGD 1.1 billion (USD 0.8 billion), placing the overall value of SingTel’s regional data center business at USD 5.5...