Following Dyson Ltd.’s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of green vehicles to set up shop on the island. Singapore is pitching its connectivity to global markets through free-trade agreements, its high-skilled workforce and stringent protection of intellectual property, which […]

Singapore’s DBS Bank has announced plans to stop financing coal-powered plants as it looks to support the country’s ramping up renewable energy projects. The bank is the second in the city-state to drop coal energy initiatives. According to the Straits Times, DBS said it will continue to honor existing partnerships but will no longer finance […]

Singapore has topped the first ever ranking for fibre coverage in a city in Asia-Pacific. The smart nation boasts 93 per cent of fibre-to-the-home coverage, as well as 100 per cent 4G and 10,000 wi-fi hotspots.   The Fibre-to-the-Home (FTTH) Council Asia Pacific evaluated cities on fibre coverage as well as how extensive they are […]

Singapore, the world’s largest maritime refueling port, said it will have an ample supply of cleaner fuel to meet an increase in demand next year, when the global commercial fleet will be required to cut sulfur emissions. Janil Puthucheary, the island state’s senior minister for transport, told a shipping conference Tuesday that Singapore has been […]

The advanced ABS Global Sustainability Center is the flagship of the company’s sustainability activities worldwide and brings together its projects that focus on the de-carbonisation of shipping. Led by ABS Global Sustainability director Gurinder Singh, the facility includes a team of professionals with diverse backgrounds and expertise. ABS chairman, president and CEO Christopher Wiernicki said: […]

SINGAPORE: ExxonMobil’s latest project in Singapore will not affect the country’s Paris Agreement commitment, said a spokesperson for the National Climate Change Secretariat (NCCS). The US oil company announced on Apr 2 a multi-billion dollar expansion of its integrated manufacturing complex in Singapore that will help it increase production of cleaner fuels with lower-sulphur content. The expansion project, […]

On 26 February 2019 the Monetary Authority of Singapore (MAS) announced the expansion of its Green Bond Grant Scheme to include social and sustainability bonds, and renamed the framework the Sustainability Bond Grant Scheme. Overview In response to feedback from market participants on the Green Bond Grant Scheme introduced in March 2017 (the Original Scheme) […]

SINGAPORE – Singapore will work with its industries as it moves to meet standards of a low-carbon future, while remaining competitive with its strong connectivity and intellectual property (IP) regime, said Trade and Industry Minister Chan Chun Sing on Friday (April 5). Describing the need to constrain emissions as “a new mountain to climb”, Mr […]

SINGAPORE – City Developments Limited (CDL) has bagged $500 million in two green loans, marking the first time such financing will be used in Singapore for new property developments, the mainboard-listed developer said on Friday (April 5). A three-year green loan of $400 million will be provided by DBS Bank, which is also the adviser for […]

SINGAPORE faces the challenge of building a low-carbon world in the coming decades, Minister for Trade and Industry Chan Chun Sing said at an energy and chemicals industry event on Friday morning. He said the Republic is committed to working with energy and chemicals industry partners on competitiveness and sustainability, such as by fostering the development […]