Industries.
Singapore commits S$118m to bio-based chemicals research
The public funding, part of the S$37 billion Research, Innovation, Enterprise (RIE) 2030 plan, aims to transform the nation's energy and chemicals sector, which accounts for one-fifth of its manufacturing output.
ICTSI faces Durban port delays; anchorage times double
Philippine port operator ICTSI reports doubled vessel waiting times at South Africa's Durban Gateway Terminal, affecting its 25-year concession.
FAA Clears 737 Max Software, Max 10 Path Opens
The US Federal Aviation Administration's decision on 3 October smooths the path for the long-delayed 737 Max 10, a crucial model for Boeing's finances with over 1,500 orders.
Suzuki Motor Directs Indian Suppliers to Cut Production Days
The move, a first for the Japanese automaker in India, aims to boost quality and prevent stoppages as Maruti Suzuki targets 4 million annual car output by 2030.
Lotte expands financial, export support for Korean SMEs
The South Korean conglomerate disbursed 949.5 billion won ($698 million) in early payments to 12,000 suppliers and maintains a 1 trillion won fund for working capital.
US, China Agree Tariff Reductions on $30 Billion in Goods
Beijing's Commerce Ministry stated that 90% of the 1,696 products covered by the reciprocal arrangement will see duties fall to most-favoured-nation rates.
Hanwha Aerospace, KAI Partner on W1.9 Trillion KF-21 Missile
Hanwha Aerospace and Korea Aerospace Industries will jointly develop a long-range air-to-air missile for South Korea’s KF-21 fighter jet, building on earlier collaborations this year.
Suzuki Targets Halved Vehicle Development Time, India Capacity Boost
Japanese automaker Suzuki Motor aims to cut new vehicle development time by half by 2030, alongside significant efficiency gains and an expansion of its annual production capacity in India to nearly 5 million units.
Rio Explores Gujarat Emissions Trading Model for Industrial Pollution
Brazil's Rio de Janeiro is evaluating India's Gujarat emissions trading scheme, following a June 2026 partnership announcement, to curb industrial particulate matter.
PIL Names Temasek's Wan Chee Foong CEO, Lars Kastrup to Advise Board
Wan Chee Foong will become deputy CEO on October 5, 2026, before taking the top role in April 2027, succeeding Lars Kastrup at the Singapore shipping firm.
Safran Landing Systems launches US$22 million MRO facility in Singapore
The new 7,500 square metre site increases Singapore's role as a global aviation MRO hub for landing gear and will create 100 new jobs by 2030, boosting capacity by 40 per cent.
Atlas Motion Systems invests $300,000 in Philippine robotics plant, targets 40,000 motors
The US-based defence technology firm aims for monthly production of 40,000 units by year-end 2026, backed by $11.5 million in US investor funding.
Yangzijiang Maritime orders 24 newbuilds, expands fleet
Singapore-listed Yangzijiang Maritime Development will add 24 new vessels from Chinese shipyards for delivery between 2028 and 2030, growing its portfolio to 98 ships.