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…