Investment Growth Boosted as Singapore’s Exports Hit Record High Singapore’s exports recorded their strongest growth in more than two decades, highlighting continued investment in AI and advanced technology despite global uncertainty. Strong Electronics Demand Lifts NODX Non-oil domestic exports (NODX) jumped 38.4% in May compared with a year earlier, marking the biggest increase since 2003.…
Singapore Raises 2026 Export Growth Forecast Amid Rising Global AI Demand Singapore has raised its export growth outlook for 2026 as growing demand for artificial intelligence (AI) technologies continues to strengthen the country’s electronics sector. Singapore Upgrades 2026 Export Growth Forecast Enterprise Singapore (EnterpriseSG) now expects non-oil domestic exports (NODX) to grow between 3%…
EnterpriseSG Launches Austin Office to Drive Digital Economy Growth in the U.S Enterprise Singapore has opened a new office in Austin, Texas, to help local companies grow in the US market and support digital economy growth. This is its fourth US office, marking its official joining of the New York, Los Angeles, and San Francisco.…
Bridge Data Centres to Invest $5B in Singapore’s AI Future Bridge Data Centres (BDC) plans to invest up to $5 billion in Singapore, focusing on AI Technology Development and Next-Gen Data Centres to expand its preseance across Asia. The investment will support research and new facilities, including advanced power systems, next-generation cooling, AI-driven operations, and…
Singapore Secures $14.2b in Investments in 2025, Outperforming Amid Global Challenges – EDB Singapore secured $14.2 billion in investments in 2025, showing strong digital economy growth despite global uncertainty around trade and tariffs. The Economic Development Board (EDB) reported that investment commitments increased from $13.5 billion in 2024. Business spending also rose to $8.9 billion,…
Budget 2026: Tax and AI Measures to Strengthen Investor Confidence Deloitte has shared its Budget 2026 wish list, calling for stronger Tax and AI Measures to support businesses, households and long-term economic growth in Singapore. The firm said these steps are needed as global spending slows and economic pressures remain uneven. The global economy is…
Singapore Commits S$37 Billion to Research, Innovation and Enterprise to Drive Future Growth Singapore has announced a major investment of S$37 billion under its new Research, Innovation and Enterprise (RIE) 2030 plan, aimed at strengthening key sectors such as semiconductors, digital technology, sustainability and healthy ageing. This marks a 32% increase from the previous RIE…
Singapore Second Globally in Costs for Data Centre Construction Singapore has become the world’s second most expensive place for building data centres, with average costs for data centre construction now at about $19 per watt (US$14.5). This is a 5% rise from last year and puts Singapore just behind Tokyo, but ahead of major hubs…
Work in Progress to Meet Family Office Tax Benefit Requirements in Singapore The Monetary Authority of Singapore (MAS) is churning the wheels to make it easier for single-family offices to meet Family Office Tax Benefit Requirements and enjoy related tax advantages. MAS states that some family offices had waited more than a year for their…
Top Destination for Land Investment Is Singapore Singapore has been ranked the top global destination for land investment, marking it as the leading choice for cross-border land and development deals over the past year. This win by Singapore only solidifies that the Asia-Pacific (APAC) region continues to dominate land-led investments, with only the US, Germany,…