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Economic Development Board (EDB)
Deals, joint ventures & alliances
EDB and Dole co-invest $10 mil in new venture producing specialty ingredients from fruit waste
The venture plans to repurpose 1 million MT of banana and pineapple waste from Dole’s Philippines plantations.
October 19, 2021
Singapore economy
Singapore's manufacturing output up by 11.2% y-o-y in August
On a three-month moving average basis, manufacturing output increased 18.3% y-o-y in August.
September 24, 2021
Singapore economy
Singapore's manufacturing output up by 16.3% y-o-y in July
On a three-month moving average basis, manufacturing output increased 23.6% y-o-y in July.
August 26, 2021
Singapore economy
2H21 business sentiments for manufacturing sector 'remain positive' amid Covid-19 environment: EDB
71% of manufacturers expect the 3Q21 manufacturing output level to remain similar to 2Q.
July 30, 2021
Singapore economy
Singapore's manufacturing activity sees 2.1% growth in April
This follows broad-based expansions across all clusters with the exception of the biomedical manufacturing cluster.
May 25, 2021
Tech
Schneider Electric and EDB birth NaviX Solutions, 'infrastructure as a service' company
For a subscription fee, NaviX Solutions helps manage and maintain power and IT cooling, turning companies' capex into opex.
April 16, 2021
Tech
On the wings of a global tech boom
Investors are warming up to homegrown tech manufacturing stocks once again. What is their selling point?
April 01, 2021
Broker's Calls
Sembcorp well-positioned for shift to renewables: CGS-CIMB
Sembcorp currently has a total renewable energy capacity of 3.2 GW globally spanning solar, wind, and energy storage.
March 15, 2021
Singapore economy
Investments hit decade-high in 2020 but expected to wane in 2021, says EDB
Companies continued with their investment plans here as Singapore is seen as a “trusted business location for transformation”: EDB
January 22, 2021
Singapore economy
Singapore's investment commitments in 2020 meets medium-term goals despite challenging business environment
Some $17.2 billion in fixed asset investments were made in Singapore in 2020 far exceeding the $8 to $10 billion forecast
January 20, 2021