Enterprise Singapore, the country’s government agency focused on supporting startups, has committed SGD 55 million (approximately USD 39.5 million) to accelerate the growth of agriculture and aquaculture companies. Announced by Senior Minister for Trade and Industry...
Alcon, a Swiss-American eye care giant and global leader in ophthalmic devices, has officially opened its expanded manufacturing and logistics facility in Singapore’s Tuas Biomedical Park in June 2025. Representing an accumulation of over USD 600 million in investment...
Amazon Web Services (AWS) and Digital Industry Singapore (DISG) have launched the “AI Springboard” initiative with an ambitious goal to empower 300 Singapore-based enterprises to scale up their artificial intelligence (AI) deployments over the next 12 months....
Singapore has stepped forward as a key architect of a new international initiative to strengthen voluntary carbon markets, joining the United Kingdom and Kenya in launching the Coalition to Grow Carbon Markets during London Climate Action Week in June 2025. This...
Singapore and the Philippines have intensified their collaboration on renewable energy, carbon trading, and regional energy integration following high-level meetings in Manila in June 2025. During Prime Minister Lawrence Wong’s first official visit to the Philippines,...
Singapore is taking a major step toward the integration of autonomous vehicles (AVs) in public transport by launching pilot trials of driverless buses in its central business district. Beginning in mid-2026, the Land Transport Authority (LTA) will introduce a fleet of...
Singapore is set to deepen its role as a premier aerospace hub with the signing of a strategic 10-year Memorandum of Understanding (MoU) between the Singapore Economic Development Board (EDB) and leading global aerospace and defense company RTX in June 2025. This...
Singapore and Indonesia have further solidified their relationship with a sweeping set of agreements designed to reinforce trade, investment, tourism, and energy ties amidst global uncertainty. Leaders from both countries gathered for the annual Singapore-Indonesia...
In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement (PASFTA) and the signing of the European Union–Singapore Digital Trade Agreement (EUSDTA). These...
The Republic of Singapore Navy (RSN) will begin deploying a new fleet of unmanned mine countermeasure (MCM) systems from 2027, as part of its ongoing efforts to modernize naval capabilities and safeguard critical sea lanes. These advanced systems, supplied by local...
Changi Airport Group has awarded two major construction contracts worth about SGD 4.75 billion (approximately USD 3.5 billion) for the development of Terminal 5 (T5), marking Singapore’s largest airport expansion to date. The first contract, valued at SGD 3.8 billion...
Singapore has launched Singapore GasCo, a fully government-owned entity established to centralise the procurement and supply of natural gas for the country’s power sector. This move aims to ensure a stable, secure, and cost-competitive supply of natural gas, which...
