Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.
Micron To Build $7 Billion Advanced Chip Facility In Singapore Amid AI Boom
Micron Technology is investing $7 billion to build an advanced chip packaging facility in Singapore as the semiconductor giant expands its capacity to cater to booming demand for AI chips.
Micron’s $9.5b chip plant in Woodlands to drive Singapore’s AI growth, create up to 3,000 jobs
Singapore can be expected to play a larger role in developing complex artificial intelligence (AI) applications when Micron's new $9.5 billion high-bandwidth module (HBM) advanced packing facility in ...
Over 8,700 bank customers saved from losing $73m to conmen due to joint effort by police and 6 banks
This was the six joint operation in 2024 between the police and the banks to combat scams. Read more at straitstimes.com.
KPMG and SID prioritise innovation and green transition for Singapore businesses in Budget 2025 proposal
A central focus of the proposal is advancing sustainability, with a call for businesses to adopt greener practices through the establishment of national frameworks, grants, and detailed reports.
Overall softness in Singapore retail sector, but premium groceries hold long-term prospects: DBS
DBS Group Research has identified DFI Retail Group and Thai Beverage (ThaiBev) as the top stock picks within the Singapore retail sector for positive near-term business outlook with added corporate ...
DBS shares reach S$45 for the first time
Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.
Haldiram-Temasek $10 Billion Deal: Singapore Firm to Bite 10% Stake in Snack Giant
Haldiram’s promoters are also considering a Dalal Street debut for the company and are likely to launch an initial public offering (IPO) this year ...
Malaysia-Singapore economic zone to offer tax rates as low as 5%
The Johor-Singapore Special Economic Zone is nearly twice the size of Shenzhen, whose success it is hoping to emulate.
Johor-Singapore economic zone seen attracting regional firms: OCBC
OCBC has welcomed the signing of the Johor-Singapore Special Economic Zone agreement by Malaysia and Singapore.
Malaysia Unveils Tax Breaks for New Economic Zone With Singapore
Malaysia unveiled a slew of tax incentives to lure investors to its joint special economic zone with Singapore that seeks to add $26 billion per year to the Malaysian economy by 2030.
Experts propose tax reforms in 2025 budget to enhance business adaptability
Proposed measures include restrictions on the sale of shares in property-holding companies. As Singapore faces global and domestic challenges, tax policies will be pivotal in ensuring economic ...
Singapore Business Federation CEO Kok Ping Soon on Johor-Singapore SEZ deal
Deals signed between Malaysia and Singapore for the Johor special economic zone project have boosted market confidence in Malaysia. However, one advisory firm noted that investors are still cautious ...
Singapore GDP expected to grow by 2.5%-3% in 2025 amid external risks
Additionally, robust growth in the construction sector is anticipated, supported by ongoing infrastructure projects ...
Singapore Bourse Due For Consolidation
The Singapore stock market has moved higher in four straight sessions, gathering more than 40 points or 1 percent along the way. The ...
Micron Breaks Ground on New HBM Advanced Packaging Facility in Singapore
Approximate $7 billion investment over the next several years to meet AI data center demandSINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: MU) broke ground today on a new High-Bandwidth Memory ...