It will engineer and construct two 600MW offshore wind farm substations in Taiwan.

The initiative aims to study if such effort could reduce fuel consumption for air conditioning.

He held the position for more than a year from November 2017.

The firm incurred a net loss of $53.9m for FY2018.

Mattan will look after the designs, technical drawings, procurement and project management of the projects.

The name change on SGX will take place on 18 March.

And Singapore-based healthcare startup Docquity bagged US$11m in a series B funding round.

Earlier in January, electricity retailer Red Dot Power (RDP) announced its exit from the electricity market, citing a “financial challenging...

Strong government support is pushing reliance away from natural gas-fired power.

The government is stepping up its efforts to diversify its power sector to move away from a reliance on gas production.

The two will also train manpower to support solar energy development.

A domestic glut in its gasoline market and new refineries across its coastal provinces will push its supply.

And Go-Jek Singapore poaches HSBC’s PayMe creator Adam D’Arcy as its chief product officer.

A total of $1.09b in new money debt is available to New Noble.

And work pass administrative fees will increase in April 2019.

Crude oil imports surged 15% YoY to a record 42.7 million tonnes in November.

Authorities cited that New Noble’s net asset value could be adjusted downwards by 40-45% and disable investors to make informed choices....

Suspected breaches were found in its financial statements for 2012 to 2016.

The production barge will be capable of processing up to 30,000 barrels of fluid per day by its completion.