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...
SABIC Opens USD 170 Million Resin Manufacturing Facility in Singapore
Saudi Basic Industries Corporation (SABIC), a Saudi petrochemical major, has officially opened a new SGD 220 million (USD 170 million) resin manufacturing facility in Singapore. This advanced facility marks SABIC’s second production site in Singapore and is...
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...