Singapore Developing Cybersecurity Roadmap for Telecom Sector

A Telecom Cybersecurity Strategic Committee (TCSC), comprising international cybersecurity experts and representatives from the government and Singapore’s telecom operators are working on a roadmap for telecom sector cybersecurity, identifying cybersecurity threats to...

Singapore Expands Healthcare Subsidies for Elderly

The Singapore government is expanding healthcare support for elderly born between 1950 and 1959, dubbed the Merdeka Generation (MG) or those who were born prior to 1950 but did not receive the Pioneer Generation Package launched previously in 2014. All beneficiaries...

Swiss Flavor and Fragrance Manufacturer Opens New Facility in Singapore

On 14 February 2019, Givaudan opened its newest fragrance encapsulation center in Singapore. The Swiss company is the world leader in manufacturing of flavors and fragrances, with a nearly 25% global market share. The company said that the new CHF 15 million (SGD 20...

EU-Singapore Free Trade Agreement Approved by European Parliament

The European Parliament approved the EU-Singapore Free Trade Agreement (EUSFTA) and EU Singapore Investment Protection Agreement (EUSIPA) in a vote on 13 February 2019 in Strasbourg, France. The EUSFTA and EUSIPA are the first trade and investment agreements concluded...

Luxury Shopping Destination in Singapore Sees Record Revenues in 2018

The Shoppes at Marina Bay Sands witnessed its most successful year ever in 2018, with revenues of USD 179 million, a 7% rise from 2017. Retail tenant sales at The Shoppes, which enjoys an occupancy of 95.4%, jumped 19% to USD 1,898 per square foot compared to the...

Singapore Airlines Launches Digital Innovation Lab

On 29 January 2019, Singapore Airlines launched its new digital innovation lab, called KrisLab, in line with the Airline’s Digital Innovation Blueprint which was launched in 2018. Under the Blueprint, SIA is working to develop and nurture the digital aviation and...

Economic Development Board of Singapore Restructures Operations

According to a report in the Straits Times, dated 7 January, 2019, the Economic Development Board of Singapore has sorted its staff into three ‘streams’ to help build deeper relationships with companies, better attract promising businesses and generate...

Equinix to Open Fourth Data Center in Singapore

Equinix, Inc., the global interconnection and data center company, announced on January 7 that it  will build its fourth International Business Exchange (IBX) data center in Singapore, called SG4, with an investment of USD 85 million. Equinix’s three existing...