singapores sembcorp spends 160 million to acquire majority stakes in gelexs subsidiaries

Singapore's Sembcorp spends $160 million to acquire majority stakes in Gelex's subsidiaries

On November 10, Sembcorp Industries (Sembcorp) announced that its wholly-owned subsidiary, Sembcorp Solar Vietnam Pte Ltd, has reached an agreement to acquire majority interests ranging from 73 per cent to 100 per cent in various subsidiaries of Gelex Group Joint Stock Company (Gelex).
vietnam promotes open innovation

Vietnam promotes open innovation

Learning from the development of the open innovation ecosystem model in Finland, the US, Singapore, and South Korea, the Ministry of Science and Technology (MoST) is encouraging corporations to connect international resources to allow startups, research institutes, and universities to innovate. Pham Hong Quat, director general of the National Agency for Technology Entrepreneurship and Commercialisation Development (NATEC), spoke to VIR’s Bich Thuy about these efforts.
data of singapore luxury resort customters hacked

Data of Singapore luxury resort customters hacked

The Singaporean intergrated resort operator Marina Bay Sands (MBS) announced on November 7 that a recent cyberattack has affected personal data of 650,000 members of its Sands LifeStyle rewards programme.
asean youth fellows explore opportunities to drive regional growth

ASEAN youth fellows explore opportunities to drive regional growth

Forty youth leaders from 10 ASEAN states gathered for the fifth edition of the ASEAN Youth Fellowship (AYF) from October 28 to November 4. The programme seeks to grow and connect emerging young leaders with a focus on public, private, and people sector collaboration.
qatar singapore joint innovation challenges announced at switch 2023

Qatar-Singapore Joint Innovation Challenges announced at SWITCH 2023

The Qatar Research, Development, and Innovation (QRDI) Council and Enterprise Singapore (EnterpriseSG) announced the Qatar-Singapore Joint Innovation Challenge (QSJIC) on November 2 as part of their participation at the Singapore Week of Innovation and Technology (SWITCH 2023) that was held in Singapore from October 31 to November 2.
singapore launches fifth edition of sustainability open innovation challenge

Singapore launches fifth edition of Sustainability Open Innovation Challenge

Enterprise Singapore (EnterpriseSG) launched the fifth edition of the Sustainability Open Innovation Challenge (SOIC) on October 31 to catalyse innovative collaborations between industry players, promising startups, and small- and-medium enterprises (SMEs) in the sustainability space.
enterprise singapore expands global innovation alliance

Enterprise Singapore expands global innovation alliance

On October 31, Enterprise Singapore (EnterpriseSG) announced the addition of three new Global Innovation Alliance (GIA) nodes in Mumbai, Melbourne, and Sydney. The move aims to facilitate the expansion of Singaporean tech startups in India and Australia while driving innovative collaborations.
switch 2023 spotlights new game changers

SWITCH 2023 spotlights new game changers

The Singapore Week of Innovation and Technology (SWITCH) 2023 opened on October 31, highlighting the transformative power of AI and advances in net-zero technologies.
singapore partners with japan uk switzerland on digital asset initiative

Singapore partners with Japan, UK, Switzerland on digital asset initiative

Regulators in Singapore, Japan, the UK and Switzerland are planning asset tokenisation tests for fixed income, foreign exchange and asset management products, the Swiss Financial Market Supervisory Authority (FINMA) reported on October 30.
singapores unemployment rate increases

Singapore’s unemployment rate increases

The number of retrenchments and unemployed residents in Singapore rose in the third quarter of 2023 as a weaker economic outlook dragged down sectors such as wholesale trade, according to the Ministry of Manpower (MOM)'s statistics.
investment funds hold firm in vinhomes amid market shifts

Investment funds hold firm in Vinhomes amid market shifts

Several investment funds, including heavyweights like the Government of Singapore Investment Corporation (GIC) and KKR, are maintaining their substantial holdings in Vinhomes.
singapore vietnam spotlight 2023 a focus on youth and entrepreneurship

Singapore-Vietnam Spotlight 2023: A focus on youth and entrepreneurship

The Spotlight Singapore in Vietnam 2023 event marked a half-century of diplomatic relations, emphasising the nurturing of young entrepreneurs and addressing the complexities of cross-cultural business environments.
singapore to import 12gw of low carbon energy from vietnam

Singapore to import 1.2GW of low-carbon energy from Vietnam

Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.
vietnam to export low carbon electricity to singapore

Vietnam to export low-carbon electricity to Singapore

Vietnam will be exporting 1.2GW of low-carbon electricity, mostly from wind power, to Singapore.
singapores protos labs bags 22 million to fund expansion in vietnam

Singapore's Protos Labs bags $2.2 million to fund expansion in Vietnam

Protos Labs, a Singapore-based cyber risk management company, has wrapped up a seed round funding of nearly $2.2 and plans to venture into Vietnam.