Singapore Strengthens Maritime Defense with Commissioning of Invincible-Class Submarines
Singapore has officially commissioned its first two Invincible-class submarines, RSS Invincible and RSS Impeccable. This milestone marks a significant upgrade in the Republic of Singapore Navy (RSN)’s submarine fleet, enhancing its ability to protect...
Singapore Attracts Strong FDI Amid Global Shifts
Singapore has continued to attract substantial foreign direct investment (FDI) amidst global corporate changes, with the Economic Development Board (EDB) securing SGD 5.4 billion (USD 4 billion) in fixed asset investment commitments in the first half of 2024. This...
Singapore to Import 1.4 GW of Low-Carbon Electricity from Indonesia to Strengthen Energy Security
The Singapore government has granted conditional approvals to import 1.4 gigawatts (GW) of low-carbon electricity from two major solar power projects in Indonesia, supporting Singapore’s clean energy goals. This initiative will be led by two consortia,...