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Cities


DBS and the Singapore Tourism Board (STB) announced a three-year Memorandum of Understanding to stimulate domestic tourism demand in the immediate term, as well as drive cross-border demand and catalyse tourism industry development in the mid- to longterm. The partnership, a first-of-its-kind collaboration between STB and a local bank, will leverage DBS’ ecosystem of services …

NTUC FairPrice (FairPrice) reaffirms its support to local small and medium enterprise (SME) partners by extending the SME Suppliers Support and Development Programme (SSDP) for another year, and doubling its commitment to S$2 million. This was announced at the launch of FairPrice’s ninth ‘Made in Singapore’ Fair, an annual initiative that seeks to raise awareness …

Residents in Tengah Town as well as Jurong East / West towns can look forward to direct access to PIE in both the eastbound (towards the city) and westbound (towards Tuas) directions by 2027, with the completion of a new road interchange at Pan Island Expressway (PIE) / Jurong Canal Drive (JCD) to connect PIE …

As part of the long-term fleet renewal programme for the North-South and East-West Lines (NSEWL), the Land Transport Authority (LTA) has purchased another 40 new trains from Bombardier Transportation for approximately $337.8 million. These new trains will arrive in batches starting from 2024 to replace the 2nd generation (Siemens) and 3rd generation (Kawasaki-Nippon Sharyo) trains currently in …

Singapore has retained its overall top ranking as Asia’s most innovative nation in the latest Global Innovation Index (GII) released by the World Intellectual Property Organisation (WIPO), Cornell University & INSEAD. It has held this position since 2014. The GII ranks world economies according to their innovation capabilities. Consisting of roughly 80 indicators, grouped into …

Hongkong Land and DBS Bank (DBS) announced that an agreement has been reached to convert an existing five-year revolving credit facility of HK$1 billion, dated February 2020, into a sustainability-linked loan, with the interest rate being indexed against ESG targets. Hongkong Land will be eligible to receive a tiered discount on the interest rate of …

CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India.   CapitaLand is the first to be accorded this honour under the developer category.  The Group has also received …

CapitaLand, through its philanthropic arm, CapitaLand Hope Foundation (CHF), has pledged up to RMB1 million in donations to support flood relief efforts in Chongqing, China.  CapitaLand will be working with local community partners to disburse the donations. CapitaLand’s donation pledge follows an intense period of flood fighting efforts in Chongqing, which has upgraded its flood …

DBS Bank has provided a SGD40 million loan facility to Sembcorp Industries (Sembcorp) to build a 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir in Tuas. The bank is the sole financier for the project. Scheduled to be completed in 2021, the project will be Singapore’s first single large-scale floating solar PV …

Singapore Airlines (SIA) and the Temasek Foundation are partnering with the World Food Programme (WFP) to support the global Covid-19 response to help transport essential medical supplies and other health and humanitarian items by air to points of need around the world.Providing the logistics backbone for global Covid-19 efforts, WFP operates a network of hubs …