Billionaire Wealth in Singapore Surges to USD 155 Billion
Singapore has become an increasingly attractive destination for billionaires, with the number of high-net-worth individuals calling the city-state home rising to 47 in 2024. These billionaires, with a combined wealth of USD 155.5 billion, have made Singapore one of...
PacificLight Power to Develop USD 1 Billion Hydrogen-ready Power Plant by 2029
PacificLight Power is set to develop a USD 1 billion hydrogen-compatible natural gas power plant on Jurong Island in Singapore, slated to begin operations by 2029. With a capacity of at least 600 MW, this plant will be the largest and most efficient combined-cycle gas...
BMW and Singaporean Company Team Up for Closed-Loop Battery Recycling
BMW Group has entered into a battery recycling partnership with Singapore-based SK tes to recover critical raw materials such as cobalt, nickel, and lithium from used batteries. The collaboration, launched in Europe, aims to integrate recycled materials into BMW’s...