Energy & Offshore
Sun Cable, Australian NTG ink Australian-ASEAN Power Link deal
The project would supply up to 20% of Singapore’s electricity needs.
Hin Leong judicial managers seek to freeze founder Lim's assets: report
They are looking to block the sale of private properties and removal of assets from Singapore.
NauticAWT faces delisting risk
SGX gave the company one year to acquire new business.
Alstom joins CDP's 2020 climate ‘A List'
Over 9,600 companies disclosed through the CDP platform this year.
EMA boosts retail electricity market through OEM
Currently, nearly 700,000 households are purchasing retail electricity.
Daily Briefing: NUS invents ‘fast and safe' way to solidify natural gas; Neuroglee bags $3.07m in pre-seed funding
And Dusit Thani Laguna Singapore opens in Singapore.
Nine in 10 households ‘satisfied' with power retailers
Almost half of 1.4m households switched to buying electricity from retailers.
Daily Briefing: About 700,000 households switch to Open Electricity Market retailer; BillionBricks tackles homelessness by building solar homes
And UOL to preview Clavon this Saturday.
Validus, YTL PowerSeraya partner for SME financial inclusion initiative
SME suppliers can access Validus’ pre-approved financing for up to $500,000.
Boustead posts 76% net profit jump in H1
Revenue dipped 1% despite the pandemic's different effects on each division.
Sembcorp sells water business in Panama
The divestment resulted in a net gain of about $21m.
Singapore, UK plan new energy market collaboration
The two countries will cooperate on energy-related topics such as market regulation, clean energy technologies.
Maritime and Port Authority in hunt for new LNG bunker supplier
Up to two LNG bunker supplier licenses will be issued by Singapore’s marine industry regulator.
Singapore, Hong Kong sign MOU for bilateral energy cooperation
They will cooperate and share regulator practices on key areas of energy development.
Singapore and Malaysia to cooperate on energy market issues
The two countries’ energy authorities will hold a virtual dialogue in H1, 2021.
Daily Briefing: SGUnited offered over 2,100 jobs, training roles in logistics; Three power generation companies awarded $23m for energy projects
And new taskforce in SG to protect and enable more vulnerable PMEs launched.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia