The European Commission is establishing a new European Industrial Alliance aiming to accelerate the development, demonstration and deployment of Small Modular Reactors (SMRs) in Europe by the early 2030s. Following up on this week’s Communication ‘Securing our future: Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable, just, and prosperous society‘, which underlined that...Read More

FOR decades, countries worldwide – and particularly in Asia – have experienced huge rewards from globalisation. Trade has boosted economies and livelihoods, helping to pull millions out of poverty. However, that trajectory may be at risk. The 2023 Hinrich-IMD Sustainable Trade Index noted signs of what it described as “slowbalisation”, linked to heightened geopolitical tensions,...Read More

A recent report by the Global Energy Monitor (GEM), titled “Race To The Top SE Asia 2024,” reveals that Southeast Asia is rapidly becoming a frontrunner in the global pursuit of clean energy. The region is poised to achieve its ambitious renewable energy goals, fueled by a significant surge in the deployment of solar and...Read More

SINGAPORE – Changi Airport is taking its decarbonisation efforts up a notch and has started work on the installation of a large-scale solar photovoltaic (PV) system on the roofs of passenger terminals, as well as airfield and cargo buildings operated by Changi Airport Group (CAG). When completed in early 2025, it will be Singapore’s largest...Read More

SINGAPORE – Siemens is building a new factory in Singapore for its industrial automation and digitalisation products that will create more than 400 jobs locally. Estimated to cost €200 million (S$290 million), the German conglomerate’s plant will begin operation in 2025 or 2026, with Tuas as the likely location. The facility, which will serve burgeoning...Read More