Singapore Waste Management News

Related Commercial Services Industry News

• December 2023: China's state-owned Beijing Capital Group has hired Citigroup to sell its wholly-owned Singapore waste management company ECO in a deal that could fetch USD 300 million to USD 400 million.
• May 2023: HONG KONG/SINGAPORE: U.S. private equity group KKR & Co. Inc and Australia's Macquarie Asset Management are among potential bidders for the waste and recycling management arm of Singapore's energy group Sembcorp in a deal that could value the unit at around USD 500 million.

• July 2023: Vietnam committed to collaborating closely with fellow ASEAN member countries, non-ASEAN nations, and international partners. This collaboration aims to mobilize resources dedicated to capacity building, technology transfer, and exchanging experiences concerning hazardous chemicals and waste management.
• May 2023: The HCM City Urban Environment Company Limited (CITENCO) used digital technology, such as a global positioning system, in its 265 garbage trucks. This monitoring helped increase the company's efficiency in garbage collection and disposal.

• August 2023: The Brihanmumbai Municipal Corporation (BMC) analyzed the highly successful 'Indore model' of waste management to enhance solid waste management (SWM) in Mumbai. This approach has contributed to Indore, known as the 'Mini Mumbai' of Madhya Pradesh, maintaining its position as the cleanest city in India for six consecutive years.
• March 2023: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, unveiled a special initiative named "Sound Management of Waste Disposal (SMWD)" as part of their sustainability endeavors. This initiative focuses on the reduction and recycling of e-waste. BPCL aims to attain zero-waste-to-landfill certification across all operational refineries and marketing locations by 2025.

• December 2023: China's state-owned Beijing Capital Group has hired Citigroup to sell its wholly-owned Singapore waste management company ECO in a deal that could fetch USD 300 million to USD 400 million.
• May 2023: HONG KONG/SINGAPORE: U.S. private equity group KKR & Co. Inc and Australia's Macquarie Asset Management are among potential bidders for the waste and recycling management arm of Singapore's energy group Sembcorp in a deal that could value the unit at around USD 500 million.

• July 2023: Vietnam committed to collaborating closely with fellow ASEAN member countries, non-ASEAN nations, and international partners. This collaboration aims to mobilize resources dedicated to capacity building, technology transfer, and exchanging experiences concerning hazardous chemicals and waste management.
• May 2023: The HCM City Urban Environment Company Limited (CITENCO) used digital technology, such as a global positioning system, in its 265 garbage trucks. This monitoring helped increase the company's efficiency in garbage collection and disposal.

• August 2023: The Brihanmumbai Municipal Corporation (BMC) analyzed the highly successful 'Indore model' of waste management to enhance solid waste management (SWM) in Mumbai. This approach has contributed to Indore, known as the 'Mini Mumbai' of Madhya Pradesh, maintaining its position as the cleanest city in India for six consecutive years.
• March 2023: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, unveiled a special initiative named "Sound Management of Waste Disposal (SMWD)" as part of their sustainability endeavors. This initiative focuses on the reduction and recycling of e-waste. BPCL aims to attain zero-waste-to-landfill certification across all operational refineries and marketing locations by 2025.

• February 2023: Latham & Watkins Advises on Tactile Systems Technology, Inc.’s USD 32.5 million Public Offering of Common Stock. Tactile Systems Technology is a medical technology company focused on developing medical devices for the treatment of patients with underserved chronic diseases at home.
• October 2022: Kirkland & Ellis advised Nordic Capital, a leading European private equity investor, on the recently closed Nordic Capital Fund XI. The fund was closed at its hard cap with aggregate capital commitments of EUR 9 billion (USD 9497115000). The fund was to focus on buyouts in Nordic Capital’s focus sectors of healthcare, technology and payments, and financial services, as well as selectively in industrial and business services. The fundraising exceeded its EUR 8 billion (USD 8441176000) target and was raised in nine months.

• Jun 2023: Asian Paints takes luxury design to new levels with the launch of Beautiful Homes Studio and Soft Decor 2023 Collection.
• Dec 2022: Home improvement firm Livspace launched Livspace for Business to provide interior design services to corporates. This segment will cater to offices, retail, hospitality, and warehouses and will help the company expand its business-to-business (B2B) vertical.

• October 2022: The Shams Al Riyadh residential complex in Saudi Arabia is home to the first two-story, 9.9-meter-high mansion made using 3D construction printing technology (Dar Al Arkan, a real estate business). The structure was constructed directly on the site in the middle of the summer without any cooling or shade, demonstrating that the technology can print homes all year and in any location throughout the kingdom.
• October 2022: The State of Qatar participated in the preliminary meeting of the GCC nations' undersecretaries of the interior ministries to prepare for the 39th meeting of Their Highnesses and Ministers of Interior of the GCC countries.

• In September 2022: The launch of the Masruf system benefitted nearly 84,000 private school students in 2022. Masruf is an electronic platform and application that connects private school students through an electronic bracelet that allows payment and purchases at the school canteen and other sales conducted by the students at the school.
• In September 2022: The Kingdom of Saudi Arabia announced the implementation of music as a part of the curriculum starting from the kindergarten level in two years. In 2022, nearly 100 private schools included music in their teaching program.