On March 27, 2025, the Monetary Authority of Singapore (MAS) announced a proposal to allow retail investors to participate in private market investment funds, a move aimed at expanding investment opportunities for the general public. This initiative responds to...
Singapore is set to begin purchasing carbon credits to help offset its greenhouse gas emissions, with the Ministry of Trade and Industry (MTI) preparing to launch a request for proposal (RFP) later in 2025. This initiative is part of Singapore’s broader strategy to...
Oracle has launched its AI Centre of Excellence in Singapore, establishing a regional hub to accelerate artificial intelligence (AI) innovation and adoption across Southeast Asia. The centre will serve as a resource for organizations of all sizes, providing access to...
Singapore will construct a new integrated general and community hospital in Tengah Town by the early 2030s to address rising healthcare demand, especially in the rapidly growing western region. Health Minister Ong Ye Kung announced the plan in Parliament on March 6,...
Singapore and Vietnam have significantly advanced their renewable energy partnership with the endorsement of a joint report on Offshore Wind Power Trade Cooperation. The report, signed by Singapore’s Second Minister for Trade and Industry Dr. Tan See Leng and...
Microsoft has announced an expansion of its AI Pinnacle Program in Singapore, forging new collaborations with both public and private sector leaders to drive large-scale adoption of artificial intelligence. The announcement, made at the “Leading in the Era of AI”...
Singapore reached a significant milestone in its rail infrastructure with the official opening of the Singapore Rail Test Centre (SRTC) in Tuas on March 28, 2025. The SRTC, built for SGD 800 million (USD 597 million) and spanning 50 hectares, is designed for...
In March 2025, two distinctive brands—CELINE and Fabrique—arrived to elevate Singapore’s luxury retail landscape. Both launches highlight the city’s status as a premier destination for high-end fashion, where global icons and innovative newcomers find a sophisticated,...
The Government of Singapore has announced a 12.4% increase in its defence budget for FY 2025, raising it to SGD 23.4 billion (USD 17.4 billion), the largest allocation among government expenditures. This boost will fund major military acquisitions, including two...
BMW Singapore RAS, a local aquaculture firm, has announced plans to produce 1,000 metric tons of farmed salmon in Singapore by 2025, marking a significant step in the city-state’s efforts to enhance food security and reduce reliance on imports. The company’s...
A mixed-use development worth USD 788 million (MYR 2.6 billion) has been announced for the Bukit Chagar area in Johor Bahru, where the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link will connect to Singapore’s Woodlands North MRT station. The Bukit...
SEEDS Capital, the investment arm of Enterprise Singapore (EnterpriseSG), has announced the appointment of 20 new local and global partners to co-invest in Singapore-based deep tech startups. This expansion aims to accelerate the growth of startups in key sectors such...
