In 2023, 85% of Singapore businesses were aware of FTAs, with 73% benefiting, up from 62% and 50% in 2021, respectively
Singapore Business
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Singapore Recrowned Most Powerful Passport in the World
Spread the newsSingapore has reclaimed the top spot on the Henley Passport Index, achieving visa-free…
Investment
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Pfizer investing $1b in new pharmaceutical ingredient plant in Singapore
Pfizer’s new $1 billion Singapore plant begins API production, creating 250 jobs, achieving sustainability certification, and advancing automation in global manufacturing
Tech and AI
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Singapore must capitalize on chip upswing for growth
Singapore plans to leverage global chip upswing for local semiconductor industry growth, emphasized by the Trade Minister
Economy
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Lower inflation in retail and services eases Singapore core inflation to 2.9% YoY in June
Singapore’s core inflation in June hit a two-year low at 2.9%, driven by lower costs in retail, services, and private transport
Company
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Moby, GMX Partner to Enhance Liquidation Protection for Traders
Moby partners with GMX to offer insurance options for perpetual traders, protecting against liquidation risks and advancing on-chain derivatives trading
Banking and Finance
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Prudential Financial expects to grow its representatives’ headcount to 1,500 by end of 2025
Prudential Financial Advisers Singapore rapidly grows, aiming for 1,500 representatives by 2025, to meet rising wealth management needs of Singapore’s high net worth segment.
Singapore Business
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Philips Evnia Expands Market Focus to Gaming Industry Professionals Beyond Gamers
Philips’ Evnia expands focus to include all gaming professionals, enhancing inclusivity and support with specialized monitors for designers, artists, programmers, and more.
Tech and AI
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Arlo Surpasses 4 Million Paid Subscription Accounts
Arlo Technologies announced surpassing 4 million paid subscriptions for its AI-powered smart home security service, emphasizing user benefits like cloud storage
Tech and AI
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Here are some of the recent major technology incidents worldwide
A global IT outage disrupted critical services, impacting banks, media, and airports due to a defective software update