Economic Development Board Singapore

The Singapore Economic Development Board (EDB), the lead government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent.

See below for the Latest Economic Development Board Singapore News, Analysis, Profit Results, Share Price Information, and Commentary.

Gan Kim Yong named as new chairman of EDB’s International Advisory Council

He succeeds Prime Minister and Minister for Finance Lawrence Wong.

Gan Kim Yong named as new chairman of EDB’s International Advisory Council

He succeeds Prime Minister and Minister for Finance Lawrence Wong.

EDB launches RFI exercise for foreign system schools

The exercise will allow FSS to invest in sites with long-term leases.

Slightly positive business outlook seen in manufacturing sector firms

A net weighted balance of 7% expects an improved situation.

Manufacturing output dips 10.5% MoM in August

Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM. 

EDB works with Johnson & Johnson to innovate SG’s life sciences

The collaboration backs early-stage firms and fast track innovative medicines.

New WMI programme seeks to protect family offices vs financial crime

It will also impose compliance requirements and standards for taxes.

Manufacturing firms optimistic about business in the remaining months of 2023

Across industries, firms in the transport engineering cluster expressed the highest optimism.

Manufacturing output drops 4.9% in June

Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%. 

What to expect from gov’t Supply Chain Management talent initiatives

Singapore will create 700 new career openings in the industry.

SG Tourism Board appoints new chief executive

Melissa Ow will take on the new role.

Manufacturing output drops 4.2% YoY in March 

Excluding biomedical manufacturing, the output would have fallen by 6.0% YoY.

MTI, economic agencies undergo reshuffling

Affected agencies include the EDB and Enterprise Singapore.

Manufacturing output down 8.9% in February

Without biomedical manufacturing data, output declined nearly 5%.

Gov't revamps GIP to benefit local start-ups

The changes will support Singapore’s start-up and financial ecosystem.

V-shaped recovery expected in some manufacturing sectors despite contraction

Demand will pick up for transport engineering and general manufacturing.

Manufacturing output drops 2.7% YoY in January 

Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.

EDB secures $22.5b in fixed asset investment commitments in 2022

The electronic sectors accounted for two-thirds of FAI commitments for the year.