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NEWS TAGGED SINGAPORE
Thursday 10 February 2022
GF sees revenue from automotive chip orders hike 187% in 2021
Globalfoundries has reported revenue climbed 36% on year to US$6.6 billion in 2021, when the pure-play foundry saw sales generated from the automotive sector hike 187% from a year...
Monday 7 February 2022
SEA roundup: Singapore expects more SPAC listings in 2022
Foxconn signed a memorandum of understanding (MoU) with Indonesia to manufacture in Batang, while Singapore is expecting more SPAC deals after easing restrictions for such listings...
Friday 28 January 2022
Hyundai appoints PSA as lead logistics service orchestrator for EVs in Singapore
Hyundai Motor Group and PSA Cargo Solutions (SEA) today jointly announced a long-term partnership that will see PSA take on the responsibility of Lead Logistics Service Orchestrator...
Thursday 20 January 2022
Singapore electronics manufacturing industry faces challenges
Singapore could face challenges in sustaining its economic revival spurred by strong global demand for electronic products and semiconductors in 2021, according to industry analyst...
Monday 17 January 2022
Vietnam holds competitive advantages in Asia supply chain: report
Vietnam has the second-lowest operating costs among nine popular manufacturing locations in Asia and is a market with great potential for logistics development, according to a new...
Monday 10 January 2022
Southeast Asia roundup: Vietnam startup ecosystem still robust
Vietnam's startup ecosystem remained robust in 2021, and foreign investments in the country are estimated to have reached US$20 billion last year despite COVID impacts.
Monday 10 January 2022
Importance of Southeast Asia semiconductor industry highlighted by COVID-19
The impact of COVID-19 on the global semiconductor industry has varied by region, as main chip production bases such as Taiwan and South Korea have dealt well with the pandemic. However,...
Tuesday 4 January 2022
RCEP helps auto suppliers cut costs
The Regional Comprehensive Economic Partnership (RCEP) taking effect on January 1, 2022 is likely to enhance regional trade of automotive components and products such as electric...
Thursday 30 December 2021
Ride-sharing startup RushOwl secures SG$650,000 seed funding
Singapore-based ride-sharing startup RushOwl announced that it has secured a funding of SG$650,000 (approximately US$479,970) on December 22 that was more than 3 times oversubscrib...
Wednesday 29 December 2021
Fintech and EV-IoT startup GEKO joins the EV craze by acquiring SWAG EV
Singapore-based fintech and EV-IOT startup GEKO Life has announced it has acquired Singapore's first premium EV motorcycle brand, SWAG EV.
Tuesday 28 December 2021
SPAC-merging SEA tech unicorns future remains in limbo
Southeast Asia's (SEA) first decacorn Grab slide more than 20% in its Nasdaq debut on December 2 following the company's record US$40 billion merger with a SPAC, Altimeter Growth...
Monday 27 December 2021
Southeast Asia roundup: Tech giants eager to keep handset production lines running during holiday
Tech giants such as Apple and Samsung have been keen to keep their handset production lines om Vietnam running during the Christma period, offering incentives such as higher wages...
Monday 20 December 2021
Singaporean unicorn Ninja Van expands business in Vietnam
Singapore-based logistics unicorn Ninja Van is expanding its business in Vietnam, eyeing Vietnam's vibrant online shopping scene, according to Vietnam Express.
Monday 13 December 2021
Southeast Asia roundup: Metaverse opportunities rise
Southeast Asia is seeing a rise in business opportunities related to metaverse, while Singapore is in fourth place globally in terms readiness for autonomus driving services.
Wednesday 8 December 2021
SE Asia startups to reach US$1 trillion in valuation by 2025
Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit...