Japanese department store Isetan has announced it will close its NEX outlet in Singapore’s northeastern heartland in April 2026, leaving its Orchard Road flagship store as the retailer’s only remaining outlet in the city-state. The decision comes after more than three...
Singapore’s industrial development agency JTC Corporation is accelerating the transformation of the nation’s industrial landscape by developing next-generation industrial estates designed specifically for advanced manufacturing. A high-profile example is the recently...
Global network and infrastructure provider NetActuate has announced enhancements to its Singapore infrastructure to support rising demand for digital services and connectivity across Southeast Asia. The improvements aim to boost capacity, performance and reliability...
Global investment firm KKR and Singapore Telecommunications are reported to be in advanced negotiations to acquire more than 80% of ST Telemedia Global Data Centres (STT GDC), potentially securing full ownership of one of Asia’s largest data centre operators in a deal...
Singapore has launched a Regulatory Innovation Corridor with the United Kingdom to help speed up patient access to breakthrough health technologies, strengthening its position as a global hub for biomedical innovation. Announced in December 2025, the initiative brings...
Singapore’s national water agency PUB has launched a feasibility study into the potential construction of a sixth desalination plant to enhance long-term water security. The tender for this study was issued on Dec 26, 2025, and is expected to take around 10...
Singapore is stepping up efforts to strengthen its food security and sustainability by investing USD 31 million (SGD 40.5 million) into agri-food research and innovation programmes. The funding aims to boost local food production capacity by developing advanced...
The Republic of Singapore Air Force (RSAF) has announced plans to upgrade its unmanned aerial vehicle (UAV) fleet by introducing Elbit Systems’ Hermes 900 drones to replace its ageing Hermes 450 platforms, which have been in service for nearly two decades. This move...
Singapore’s economy expanded by 4.8% in 2025, significantly exceeding earlier forecasts, according to preliminary government data released by the Ministry of Trade and Industry and highlighted by Prime Minister Lawrence Wong in his New Year message. This full-year...
Singapore is accelerating its efforts to transform Jurong Island, traditionally the hub of its energy and chemicals industry, into a centre for low-carbon innovation and sustainability as part of its long-term economic and environmental strategy. To mark the island’s...
The Bank of England, the Bank of Thailand, and the Monetary Authority of Singapore are collaborating to examine the technical and policy implications of settling foreign exchange transactions using synchronized mechanisms across borders. The initiative will test...
Xiaomi has expanded its retail footprint in Singapore with the opening of one of its largest stores in the country at Jewel Changi Airport, marking the brand’s 10th official outlet locally. Covering 203 square metres, the flagship store is designed to showcase the...
