Live Fire Drills Across Taiwan by China Leads Asia to Reroute and Cancel Flights
On August 4th, China fired live-fire drills near Taiwan as a sign of retaliation to the visit of US House Speaker Nancy Pelosi. This has led to Airlines canceling flights to Taipei and rerouting others to avoid the nearby airspace that has been closed to civilian...
Singapore’s First Energy Storage System at Pasir Panjang Terminal
In an effort to increase energy efficiency and reduce carbon emissions, Singapore’s first Energy Storage System (ESS) has been deployed at Pasir Panjang Terminal, and will start functioning by the third quarter of 2022. The project is part of the USD 8 million...
AIMCo Considers First Office in Singapore to Expand into Asia
Alberta Investment Management Corp (AIMCo) is considering Singapore over Hong Kong in order to expand its private equity group into Asia. According to the head of private equity and international, Peter Teti, “AIMCo plans to increase its allocation to Asia-based...