Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. These closures come amid rising operational costs and intense competition, with rival Sheng Siong...
Dutch Firm Opens New Indoor Vertical Farm in Changi, Singapore

Dutch Firm Opens New Indoor Vertical Farm in Changi, Singapore

Dutch agritech company Growy has successfully opened its new indoor vertical farm in Changi, Singapore, transitioning from a research and development phase to commercial operations. The facility spans 8,000 square meters and aims to achieve full production capacity of...
Singapore Secures USD 4 Billion in Venture Capital in H1 2024

Singapore Secures USD 4 Billion in Venture Capital in H1 2024

Singapore continues to attract substantial investments, securing approximately USD 4 billion in fixed asset investment (FAI) commitments during the first half of 2024, as reported by the Singapore Economic Development Board (EDB). This achievement positions the EDB on...
Changi Airport to Upgrade Four of its Terminals

Changi Airport to Upgrade Four of its Terminals

Singapore Changi Airport Group (CAG) has announced a substantial investment of SGD 3 billion (USD 2 billion) to upgrade four of its terminals in preparation for anticipated increases in air travel demand. This initiative comes as the airport gears up for the...