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Insights
17-Aug-18 A major hi-tech business park in Chengdu, China, jointly developed by Singapore, is set to welcome its first batch of SMEs by early 2019. 34 ICT and life science companies have acquired for regional headquarters and R&D facilities. [image: Sino-Singapore (Chengdu) Innovation Park Development Company]
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17-Aug-18 Toyota will build additional capacity at its plant in Guangzhou, China, by 24 percent or 120,000 vehicles a year, in addition to increasing production in Tianjin by the same volume. The additional capacity is partly for electric vehicles. [image: Reuters / Aly Song]
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13-Aug-18 Hanwha will earmark USD19.5 bn for investments and hire 35,000 workers in its largest-ever growth plan. Korean chaebol (conglomerates) Samsung, Hyundai, SK, LG and others have made similar announcements recently in response to government appeals to help the economy. [image: Business Korea]
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12-Aug-18 Singapore’s biggest new hospital with 1,000 beds opened on 18-Aug-18. Sengkang General is one of a new batch of public general hospitals, following a bed-crunch in 2013-14 when patients had to be housed in corridors and converted carparks. [image: Alphonsus Chern / ST Photo]
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10-Aug-18 Chinese electronics retailer Gome will launch its own brand appliances, smartphones and televisions in India. The products will be sold through multi-brand outlets and online marketplaces. [image: Reuters]
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