Singapore economy

Singapore gets its first advanced semiconductor materials plant to meet AI demand

Officially opened on Sept 29, the 95,000-square-metre Advanced Substrate Technologies facility in Jurong Lake District will produce Flip Chip Ball Grid Array substrates.

Semiconductor firm VSMC opens first plant in Singapore, will create 1,600 jobs by 2029

The US$7.8 billion fab in Tampines Wafer Park will produce 44,000 12-inch wafers a month at full capacity by 2029.

Singapore factory output jumps in August, driven by sustained AI demand

Output from the precision engineering cluster saw the largest growth in August, jumping 33.9% year on year.

Singapore’s semiconductor talent pipeline now starts in primary schools

National Youth Council chief executive David Chua (left) and SSIA executive director Ang Wee Seng mark a three-year partnership to expand semiconductor industry exposure, Job Tasters and mentoring opportunities for young people.

SoftBank-backed Carro said to mull first dual Nasdaq-SGX IPO

Carro has filed confidentially for an initial public offering in the US and recently submitted paperwork for a Singapore listing as well, people familiar with the matter said.

Singapore joins over 50 US trade partners for webinar on forced labour prohibitions

The Ministry of Trade and Industry said the US shared its perspective on the design and enforcement of forced labour import prohibitions.

S-E Asia’s top shipping firm PIL names Wan Chee Foong as next chief executive

Wan Chee Foong (left), appointed deputy CEO of PIL, will succeed Lars Kastrup as CEO in April 2027.

More vessels arrived in Singapore in August, but bunker sales fell

The broad trend is upward in terms of the number of vessels coming to Singapore, but there is no linear month-on-month increase.

Singapore’s key exports jump 46.2% in August, exceeding forecasts

Both electronics and non-electronics shipments expanded in August.

Stop trying to build Singapore MNCs

The next phase should focus less on replacing MNCs with local champions and more on making Singapore harder to bypass.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.