The European Union (EU) and Singapore have successfully concluded negotiations for the EU-Singapore Digital Trade Agreement (EUSDTA) on 25th July 2024 in Brussels. This agreement, building on the EU-Singapore Digital Partnership signed earlier in February 2023,...
Singapore Changi Airport experienced robust growth in passenger and aircraft movements from April to June 2024, handling 16.5 million passengers, a 13.4% increase year-on-year, reaching 98.2% of pre-pandemic levels. Aircraft movements also saw a significant rise, with...
SMRT, Singapore’s leading public transport operator, has introduced a new themed retail concept at Dhoby Ghaut MRT station, known as Staytion Lifestyle Centre. This initiative is part of a broader strategy by SMRT’s retail arm, Stellar Lifestyle, to...
The Singapore Food Agency (SFA) has recently approved 16 insect species for human consumption and animal feed, marking a significant step forward in the country’s food sustainability efforts. The approval includes various species of crickets, mealworms, and...
French industrial group Seche Environnement has reached an agreement to acquire Singapore’s ECO Industrial Environmental Engineering for approximately SGD 605 million (USD 465 million). This acquisition marks a significant move for Seche Environnement as it expands...
Singapore’s Land Transport Authority (LTA) has announced plans to enhance the road network in Tuas South, with construction set to begin in 2025. These developments are part of a broader effort to support the industrial growth in Tuas South and the consolidation of...
Pfizer has expanded its manufacturing capabilities in Singapore with an SGD 1 billion (USD 0.77 billion) extension at its Tuas facility, focusing on the production of active pharmaceutical ingredients (APIs) for oncology, pain, and antibiotic medications. The highly...
The National Research Foundation (NRF) has launched a new Decarbonization Program under the Campus for Research Excellence and Technological Enterprise (CREATE) initiative, with an investment of SGD 90 million (USD 69 million). CREATE is a research hub in Singapore...
JTC, Singapore’s government industrial planner, is preparing to expand the country’s semiconductor manufacturing capabilities by increasing available land in its wafer fabrication parks by 11%. This move is part of Singapore’s strategy to attract more top...
Singapore is advancing its transportation sector with the launch of a new Roads Innovation Lab by the Land Transport Authority (LTA), aimed at accelerating the integration of AI and quantum computing into the city’s transport infrastructure. This lab will serve as a...
Fullerton Healthcare Corp. Ltd., a Singapore-based healthcare provider, has made a significant foray into the Philippine market with the opening of a premium executive health screening and diagnostic imaging center in Bonifacio Global City, Taguig. The move signals...
The 2024 IMD World Competitiveness Ranking (WCR) has ranked Singapore as the most competitive economy out of 67 globally. This marks a return to form for Singapore, which last held the top spot in 2020 before fluctuating in subsequent years. The WCR highlighted...
