Mencast Holdings Ltd. is a Singapore-based, SGX-listed engineering and MRO group specializing in the offshore, marine, and oil and gas industries. Operating through three main segments—Marine (sterngear and diving), Offshore & Engineering (fabrication), and Energy Services (waste management)—the company provides comprehensive repair and maintenance services while increasingly focusing on green technology and environmental recycling solutions.
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Singapore's inaugural RIE2025 report card shows more R&D jobs, increased business spending
Industry R&D jobs grew by about a third from 2018 to 2023, with Singapore residents taking up more than seven in 10 of those roles. The National Research Foundation (NRF) has released its inaugural report on RIE2025, Singapore's S$28-billion, five-year research plan. To help startups make the jump from research to commercialisation, the NRF will allocate S$300 million out of the S$37 billion already committed to RIE2030, its next five-year research plan. Projects can receive up to S$3 million if they secure early involvement of investors.
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🌏 Industrial Transformation ASIA-PACIFIC (ITAP) 2025 concludes today at the Singapore EXPO!
Mencast showcased its collaboration with A*STAR’s IHPC at ITAP 2025, highlighting innovation in advanced manufacturing, AI, and digital technologies to enhance productivity and sustainability in industrial operations.
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About ASMI
The Association of Singapore Marine & Offshore Energy Industries (ASMI) is a non-profit trade association representing companies in Singapore’s marine and offshore energy sector.
