Plant-Based Meat Alternative Producer to Set Up Manufacturing Center in Singapore
Growthwell Group, a Singaporean producer of plant-based meat alternatives, has secured USD 8 million in a funding round led by Singapore’s sovereign wealth fund, Temasek to expand its product range and geographic footprint. Other investors in the round included...
BOI Takes Steps to Accelerate Medical Sector Investment and Ease COVID-19 Impact
In April 2020, Thailand’s Board of Investment of Thailand (BOI) approved a series of measures aimed at mitigating the impact of the coronavirus or COVID-19 outbreak on business, including steps to encourage rapid investment in the manufacturing of medical...
Shell to Double Capacity of Lubricant Plant in Indonesia
Shell Indonesia is doubling the capacity of its lubricants oil blending plant (LOBP) located in Marunda Centre, near Jakarta. The construction started on March 12 and is expected to be completed by 2022. Once ready, the plant will be able to produce up to 300 million...