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Sector Focus
Biomedical, life science sectors in focus as Biopolis turns 20; CapitaLand revives Science Park Drive
“We spend a lot of effort encouraging many companies to use Singapore as a base, and also try to leverage our investment and R&D.”
August 10, 2023
Company in the news
Schneider Electric, EDB venture NaviX Solutions replaces founding CEO with former EDPR APAC director
The “infrastructure-as-a-service” provider has announced that Peter Goh replaced co-founder Simon Claringbold on July 3.
August 04, 2023
Singapore economy
EDB appoints seven fund management companies as Global Investor Programme-select funds
The introduction of new GIP-select funds was part of broader changes made to the programme in March 2023.
June 01, 2023
Singapore economy
Singapore raises residency hurdles as popularity grows
Minimum investments for Global Investor Programme to increase to $10 mil for business, $25 mil for funds
March 02, 2023
Semiconductor
Singapore eyes chips investments amid US-China tension
The city-state will be focusing on the semiconductor value chain of activities, says EDB's chairman Beh Swan Gin.
February 13, 2023
Singapore economy
Singapore’s record $22.5 bil of investment commitments in 2022 unlikely to be repeated this year: EDB
The exceptional inflow of large manufacturing projects in 2022 for the key electronics sector is expected to cool this year.
February 09, 2023
Singapore economy
Singapore’s manufacturing output decreases by 0.8% in October, marking first y-o-y contraction since Sept 2021
The y-o-y contraction was due to declines in the electronics, chemicals and the biomedical manufacturing clusters.
November 25, 2022
Manufacturing
Schneider Electric launches $110 mil carbon-neutral smart logistics distribution centre near Tuas Megaport
Hub Asia will operate as an anchor point in the development of the Tuas South industrial area.
November 14, 2022
Manufacturing
Transport engineering cluster seen as most optimistic as business sentiments in manufacturing sector remain negative
Looking ahead, a net weighted balance of 17% of manufacturers expect lower output in the 4Q2022 for the next six months.
October 31, 2022
Sustainability
Sembcorp Industries hits new milestone of 500MWp for its solar portfolio in Singapore
The new milestone comes after the group was awarded the SolarNova7 project by HDB and EDB.
October 25, 2022