Economic Development Board (EDB)

Singapore economy

Singapore sees Asia as a growth favourite despite trade war fears

SINGAPORE (Mar 28): Asia remains a growth favorite for businesses and investors even if tensions between the US and China escalate into a full-blown trade war, according to Singapore’s Economic Development Board.

Ryobi Kiso launches Centre for Geotechnical Engineering & Industrial Technology

SINGAPORE (Mar 5): Ground engineering solutions provider Ryobi Kiso Holdings has launched its Centre for Geotechnical Engineering & Industrial Technology (GEIT) within the group’s existing facility to build new competencies in ground engineering technol

Singapore economy

Singapore 2017 tourism breaks record for 2nd year running

SINGAPORE (Feb 12): Singapore’s tourism arrivals and visitor arrivals both achieved record highs in 2017 for the second time in two years.

Archer Daniels Midland opens food innovation centre in Singapore

SINGAPORE (Jan 25): Archer Daniels Midland (ADM), the New York-listed food processing and commodities trading company, on Thursday opened its flavour and ingredient creation, application, development and customer innovation centre at the Biopolis research

CapitaLand enters into $10 mil partnership with EDB to upskill staff and develop technology-enablers

SINGAPORE (Dec 7): CapitaLand has announced a $10 million partnership with the Singapore Economic Development Board (EDB) to upskill CapitaLand’s staff and develop technology-enablers for the company to seize opportunities to build real estate of the fu

Singapore economy

Majority of manufacturing firms expects business as usual for next six months: EDB survey

SINGAPORE (Oct 31): A majority of firms -- a weighted 77% -- in the manufacturing sector expects business situation in the next six months ending March 2018 to remain similar to a quarter ago.

SPRING, IE Singapore to merge as government braces for future economy

SINGAPORE (Sept 5): Minister for Trade and Industry (Industry) S Iswaran on Tuesday announced the merging of SPRING Singapore and International Enterprise (IE) Singapore to transform the way economic agencies work with local enterprises.

Tech

Netflix rival iflix gets $181 mil boost with new investors including EDBI

SINGAPORE (Aug 8): Malaysian streaming provider iflix today announced the completion of a US$133 million ($181 million) funding round, which brings its total funding raised in the current year to an excess of US$220 million.

Singapore April factory output rises 6.7% on-year, electronics solid

SINGAPORE (May 26): Singapore's industrial production grew for the ninth consecutive month in April, thanks to a continued uptick in electronics output, data showed on Friday.

8 Asia Pacific startups to disrupt the global food value chain

SINGAPORE (May 11): Eight pre-Series A startups involved in food technology (foodtech) and agriculture technology (agriculture) have been named as finalists in the inaugural edition of the Future Food Asia Award (FFAA).
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