Projects

Contracts

China Everbright secures two wastewater treatment projects worth $100 mil

SINGAPORE (June 6): China Everbright Water has secured two projects based in Jiangyin, Jiangsu Province, China, with a total investment of RMB503.6 million ($99.6 million).

Contracts

Sembmarine ends year with 10 completed cruise ship projects, announces 13 new jobs for 2019

SINGAPORE (Dec 17): Sembcorp Marine (Sembmarine) today announced the completion of repair work on Costa Fortuna, a 1,358-cabin vessel operated by Costa Crociere which sailed away from Sembmarine’s Admiralty Yard yesterday.

M&A

CapitaLand invests $27 mil in co-working operator for new 'office of the future' strategy

SINGAPORE (Oct 2): CapitaLand has, through its subsidiary CL Kingdom Investment (CKI), subscribed for a 50% stake in The Work Project Kingdom (TWPK) for $13.5 million, with the intention of extending shareholder loans through CKI to TWPK.

Startups, Entrepreneurs, Digital economy

Enterprise Singapore and Bpifrance call for proposals on joint France-Singapore innovation projects

SINGAPORE (Sept 18): Enterprise Singapore and Bpifrance are calling for proposals on joint innovation projects in technological and application areas including advanced manufacturing, clean technology and medical technology.

China Everbright Water wins $317 mil of contracts under Shangdong water supply project

SINGAPORE (Apr 4): China Everbright Water says it has secured three sub-projects worth a total of RMB1.522 billion ($317 million) under the Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in the Shandong Province of China.

Emerging Markets

Jokowi roots for private investment as Freeport dispute lingers

JAKARTA (Oct 17): Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingl

Global Economy

Thailand to kick start $61 bil economic revamp before polls

BANGKOK (Sept 28): Thailand’s military government is looking to start construction of projects under a 1.5 trillion baht ($61.2 billion) investment plan before the country’s possible return to democracy late next year.

Update

Raffles Medical Group acquires land to develop hospital in Chongqing

SINGAPORE (April 3): Raffles Medical Group (RMG) has acquired a 28,000 sq m plot of land in the New North District of the Liangjiang New Area in Chongqing, China, on which it intends to develop a 700-bed international tertiary general hospital.

Raffles Medical Group to ‘explore cooperation’ with Chinese administrative committee

SINGAPORE (Feb 27): Raffles Medical Group says it has entered into a memorandum of understanding (MoU) to “explore cooperation” between itself and China’s Chongqing Liangjiang New Area Administrative Committee on “healthcare-related projects”.

MAS, polytechnics sign MOU to boost fintech skills development

SINGAPORE (Oct 3): Financial technology (fintech) skills development is set to get a boost with the Monetary Authority of Singapore (MAS) today signing a memorandum of understanding (MOU) with the five local polytechnics.
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