Turning what if, into what's next: Businesses continue to believe in Singapore
Turning what if, into what's next: Businesses continue to believe in Singapore
28 Dec 202028 Dec 20201010 min read
Turning what if, into what's next:
Businesses continue to believe in Singapore
With the pandemic upending everything from business plans to entire supply chains, Singapore still believes in what she can offer the world — and we are grateful that others do too.
In 2020, companies continue to trust in Singapore, developing solutions and innovating for a better future here. As the year draws to a close, we celebrate these companies who have found ways to thrive and offer hope even in these uncertain times.
From technology and innovation, to manufacturing and
healthcare and sustainability, let’s take a look at recent
business developments from August to December.
In a time of isolation, global technology firms are expanding capacities to connect with customers across the region from Singapore.
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Singapore’s Tech Ecosystem
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Singapore’s Tech Ecosystem
Whether you are a fast-growing startup or a big tech player, you will find yourself in good company in Singapore.
Download this guide to Singapore’s Tech Ecosystem to discover why Southeast Asia and Singapore are the places to be for tech, where to find your customers, and how to scale even faster in this fast-growing region.
Expressing confidence in Singapore’s tech and travel industries, Trip.com Group opened its international headquarters here and is collaborating with Singapore Tourism Board (STB) to leverage insights from its global user base for product and industry development.
As international travel gradually resumes, STB and Trip.com Group will also launch joint marketing campaigns to attract visitors to Singapore.
Looking to power communication across the Asia-Pacific region, Zoom Video Communications is opening a research and development (R&D) centre here, tapping on Singapore’s engineering talent.
With Singapore as its gateway to the region, the new R&D centre will contribute to Zoom’s continued international growth.
In the face of disruption, businesses are innovating for the
future right here in Singapore.
Reimagining logistics and supply chain operations, this German logistics player is pumping in its largest ever global investment into the new S$163 million (US$121 million) Red Lion facility at Singapore’s Airport Logistics Park.
The facility will utilise innovations such as an in-house designed robotic labelling system, which uses 3D-vision to apply labels in multiple languages on products of varying sizes, shapes and configurations.
Encouraging collaboration and innovation, this Japanese construction company is locating its first overseas innovation centre at Singapore’s Changi Business Park.
Kajima Global Hub will collaborate with Nanyang Technological University and local enterprise Mega Plus Technology to develop a concrete-finishing robot to automate construction processes.
Tapping on top local tech talents, the centre will develop systems such as the Lendlease Podium, which harnesses data driven insights to design sustainable buildings that prioritise user experiences.
Accelerating regional digital innovation, this American multinational consumer goods giant is pioneering the iFuture digital capability program.
P&G will invest S$50 million (US$37 million) in new digital capabilities in the areas of e-commerce and marketing, while training over 50 local employees to take on new digital roles.
In a time of rapid change, Singapore companies are adopting
advanced manufacturing capabilities to become future-proof.
Did You Know
EDB x WEF Smart Industry Readiness Index Partnership
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EDB x WEF Smart Industry Readiness Index Partnership
Discover how to transform and adopt new Industry 4.0 (i4.0) technologies with us.
EDB is partnering the World Economic Forum (WEF) to drive the global adoption of the Smart Industry Readiness Index (SIRI), an internationally-recognised standard for i4.0, to help manufacturing communities across the world integrate new i4.0 technologies.
Infineon Technologies, who marked its 50th year in Singapore in 2020, announced plans to build a global artificial intelligence (AI) innovation hub here, as part of its company-wide digital transformation.
Preparing for a future driven by AI, the company has set aside over S$27 million to empower its Singapore workforce to deploy and develop AI solutions in all business functions. More than 1,000 employees will be upskilled and around 25 unique AI projects covering the entire value chain of activities in Singapore will be deployed by 2023.
To share industry insights and support companies in Singapore and the region on their Industry 4.0 digital transformation journeys, this German industrial manufacturing conglomerate has launched a unique one-stop platform, the Advance Manufacturing Transformation Center in Singapore.
The facility provides low-cost access to advance manufacturing technologies through its ecosystem of technology partners, with consulting, training, research and development, and small-scale production services.
In the midst of fighting a healthcare crisis, businesses in Singapore are preparing for the next.
Recognising the need to encourage Singaporeans to practise good personal health, Singapore’s Health Promotion Board collaborated with Apple to launch the LumiHealth app.
This first-of-its-kind programme uses technology and behavioural insights to motivate users through personalised reminders, programmes, activity coaching, and incentives.
Developing new ways to respond effectively to future health emergencies, Thermo Fisher Scientific is partnering EDB to develop two new sterile filling lines in Singapore.
This S$176-million (US$130-million) facility will manufacture pharmaceutical products to meet the demand in the Asia-Pacific region.
In pursuit of a future for our planet, businesses in Singapore are developing sustainable solutions.
Located within its mega-farm here, the company will be collaborating with local research and academic institutes on key research such as optimising yield and reducing energy consumption.
As one of the world’s leading alternative protein innovators, Eat Just, Inc will be setting up their first-in-Asia and largest plant protein production facility in Singapore.
Teaming up with investment firm Proterra Investment Partners, Eat Just plans to invest up to US$120 million (S$162 million) to establish a fully integrated supply chain to meet demand in Asia for its JUST Egg product. Eat Just has also obtained first-in-world regulatory approval for its cultured meat product, GOOD Meat, in Singapore.
Looking to shape a sustainable and human-centric future for mobility, Hyundai is opening its ground-breaking Hyundai Motor Group Innovation Center in Singapore, which will use eco-friendly energy sources like solar and hydrogen energy.
The centre will collaborate with our vibrant ecosystem of talent, startups and research institutes on future mobility research and development, while identifying opportunities to enhance sustainability in the mobility industry.
A pioneer in urban air mobility, the German firm is planning to launch air taxi services in Singapore within the next three years. Home to Volocopter Asia Holding, Singapore serves as Volocopter’s launchpad into Asia.
Emission-free and electrically powered, Volocopter’s air taxis are the future of sustainable transportation in cities.
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