Kuraray to Invest in New Production Facility in Singapore
Japanese plastic maker Kuraray has announced a strategic investment to establish a new production facility for EVOH (ethylene-vinyl alcohol copolymer) resin at Kuraray Asia Pacific Pte. Ltd., a fully-owned subsidiary in Singapore. This initiative reflects the...
New Future Energy Fund in Singapore
Singapore is set to establish the Future Energy Fund by the end of 2024, a strategic initiative aimed at supporting the country’s shift toward a sustainable and low-carbon energy future. With power generation currently responsible for about 40% of the nation’s...
Singapore’s GDP Forecast to Grow by 2.4% in 2024
The Monetary Authority of Singapore’s (MAS) recent survey forecasts a 2024 economic growth rate of 2.4% for Singapore, slightly up from the previous estimate of 2.3%, and anticipates an increase to 2.5% in 2025. The revised forecast also lowers headline inflation...