Singapore Economic Development Board (EDB)

This Labour Day, we celebrate Singaporeans like Alfred Soh and Bernard Lim who made mid-career transitions into the specialty chemicals sector. They were instrumental in establishing US-based industrial manufacturer Milliken Chemical’s first chemical plant in Asia here, having gone through the company’s overseas attachment programme, which equipped them with the necessary technical expertise. The new plant will allow Milliken to better meet the increasing demand for advanced material solutions in the region. Learn how Singapore’s talent pool is supporting companies in global and regional expansion: https://lnkd.in/gSbK9y_m #talent #JobsInSingapore

More founders are choosing #Singapore as their base to build and scale new ventures. At the 4th edition of #FoundersForumAsia, EDB and Founders Forum Group welcomed over 200 global founders, entrepreneurs and investors to explore new business and investment opportunities. Prominent leaders and industry voices also shared insights on scaling startups, venture capital trends in Asia, and how geopolitics is reshaping AI growth. In the opening address by EDB Chairman Cheong Boon Png, he highlighted why Singapore remains a trusted base for entrepreneurs and businesses navigating global uncertainty. Here are 3 takeaways: 1️⃣ Singapore is committed to open and free trade: Businesses can benefit from policy consistency, excellent connectivity and an extensive network of 27 FTAs — including the CPTPP and RCEP. 2️⃣ Depth of innovation and talent: Singapore is home to over 47,000 research scientists and engineers, supported by a thriving R&D ecosystem and programmes that nurture a ready pipeline of R&D talent. 3️⃣ New support for experienced founders: EDB’s recently launched #GlobalFounderProgramme (GFP) will help more founders build with speed and clarity in Singapore. GFP offers access to Singapore’s ecosystem through connections to experts, talent and customer networks, venture building support, investment opportunities and more. Singapore continues to be a place where bold ideas, talent and capital converge. If you’re a founder looking to build new ventures, find out how you can start from Singapore: https://lnkd.in/gPiFDphx #VenturesMadePossible #YourVentureNeedsSG

Wise has expanded its office in Singapore, which has been its APAC #headquarters since 2016. The Singapore office supports the company’s second-largest revenue-generating region after Europe and reflects the #fintech company’s continued investment in the future of digital financial services across APAC. Wise’s customer base in Singapore grew 30% in the last financial year from the previous year. Shrawan (SK) Saraogi, Singapore CEO and APAC Head of Expansion at Wise said: “Singapore is a cornerstone of our operations in APAC, and this new office is a key milestone in strengthening our regional presence. It reflects our continued investment in the country’s fintech ecosystem and our mission to provide the best way to move and manage money globally.” Since 2022, Wise’s local team has more than doubled to nearly 600 employees, with Singapore-based engineers making up about 10% of the company’s global engineering workforce. Swipe to learn more about the talented Singaporeans who are making key contributions to Wise’s growth.

Japanese #logistics company Sankyu Inc. will open its four-storey Tuas Distribution Hub (TDH) in January 2026 – its largest facility in Singapore yet! With a capacity equivalent to around 2,800 40-foot containers, TDH aims to help manufacturers in Singapore expand their storage capacity, streamline distribution, and manage inventory more efficiently. The fully air-conditioned facility will feature temperature-controlled zones designed to handle sensitive goods, such as biomedical and pharmaceutical products. Around 170 new jobs will be created, with roles spanning logistics and IT to operate autonomous forklifts, guided vehicles and digital warehouse systems. Sustainability will also feature heavily at TDH, which will be powered in part by rooftop solar panels. Sankyu is also working with local ecosystem partners such as Plaspulp Union to explore circular packaging solutions. More regional distribution centres are coming online in Singapore, strengthening #supplychain resilience and reinforcing our position as a connected hub for manufacturing and trade. Learn more about how Sankyu’s new warehouse will support manufacturing needs in the region.

#Singapore’s highly skilled and cosmopolitan #talent pool continues to draw global companies looking to build leadership teams that can expand their reach in Asia. For The HEINEKEN Company, Managing Director for Asia Pacific Kenneth Choo has played a key role in driving the international brewer’s regional strategy. Based in Singapore, Kenneth helps oversee HEINEKEN’s operations in a region that has become an important growth engine for the company. Watch our interview with Kenneth to learn how HEINEKEN has grown in the region and his advice for young professionals seeking meaningful careers. Read more about the talented Singaporean leaders who are helping global enterprises unlock new growth opportunities in the region: https://lnkd.in/gnZNPxdA 

Reducing carbon emissions continues to be a priority for #Singapore, as we work towards achieving #netzero by 2050. Here’s a quick snapshot of Singapore’s efforts to transition to a low-carbon economy: 1️⃣ Investing in R&D to advance the economic viability of low-carbon technologies like hydrogen and carbon capture and storage 2️⃣ A progressive carbon tax and green incentives for businesses to accelerate the transition to a low-carbon economy 3️⃣ Launch of a S$5b Future Energy Fund to build the critical infrastructure needed for Singapore’s shift to low-carbon electricity 4️⃣ A growing carbon services ecosystem with over 140 firms to provide companies with the support they need to embark on decarbonisation 5️⃣ International cooperation through renewable energy imports and carbon credit agreements that will allow companies to invest in high-quality carbon projects EDB is also working with like-minded partners to accelerate #decarbonisation through initiatives and support schemes such as the Carbon Project Development Grant, Resource Efficiency Grant for Energy (REG(E)) and the SolarNova Programme. Discover how Singapore is championing the region's shift towards a sustainable future.

Global oil and gas company TechnipFMC recently marked its 50th anniversary in #Singapore – which is now its R&D, #Engineering, and Manufacturing hub for APAC clients. Specialising in the design, manufacturing and execution of projects relating to oil and gas exploration, some of TechnipFMC's made-in-Singapore products include pressure-controlling components. These can withstand harsh subsea environments, making them instrumental to subsea networks used for the production of oil and gas. Through the years, TechnipFMC has benefited from Singapore’s #connectivity and access to the region, rich R&D ecosystem, as well as its talented workforce. The company’s robust #talent development programmes have also provided opportunities for Singaporeans like Boon Wee Phua and Lim Chung Yong. Learn about how Singapore is a critical node in global supply chains for enterprises across a diversity of industries: https://lnkd.in/dHWwsj8T

CSA Group, a global organisation specialising in standards development and product testing, inspection, and certification, has opened a new cutting-edge facility in #Singapore. Its new electromagnetic compatibility lab in Singapore will support #manufacturers to meet regulatory requirements and comply with regional and international standards, as they access global markets. With this expansion, Singapore will now serve as CSA Group’s #ASEAN headquarters. Singapore has over 450 accredited testing, inspection, and certification players. Through the Singapore Accreditation Council’s global mutual recognition arrangements, services offered by these providers are accepted in more than 100 economies. This smoothens export processes for manufacturers, who do not have to factor in additional testing, inspection and certification costs. Learn more about the new lab and the Singaporeans playing a key role in CSA Group’s presence: https://lnkd.in/d_sVKDjX

#Singapore and #Malaysia are stepping up collaboration on the Johor-Singapore Special Economic Zone (#JSSEZ). The inaugural Joint Business and Investment Forum held in Johor Bahru this Monday marked a significant milestone since the formal announcement of the JS-SEZ, drawing nearly 1,000 participants. A newly launched JS-SEZ joint project office – set up by Singapore’s Ministry of Trade and Industry (Singapore), Enterprise Singapore, and EDB – was announced. The office will serve as a key touchpoint to support Singapore-based companies looking to expand into the JS-SEZ and complement Malaysia’s facilitation efforts through the Invest Malaysia Facilitation Centre-Johor (IMFC-J). The JS-SEZ is creating opportunities for companies to expand their businesses, develop new capabilities, and twin their presence across Singapore and Johor. Companies like Archisen, Agrocorp International, and SPC Group (SPC그룹) are already tapping Singapore’s innovation ecosystem alongside Johor’s resource advantages to better serve clients in the region and beyond. Learn more about how global businesses can tap on the JS-SEZ to grow their reach in Southeast Asia: https://lnkd.in/gsYY4Ej3

From developing new MILO products for global markets to advancing research for myopia and overseeing the production of made-in-Singapore EVs, talented Singaporeans are advancing #innovation and R&D across different industries. Hear from Nestlé’s Sherrilyn Ng, EssilorLuxottica’s Dr. Yee Ling Wong, TE Connectivity's Nathaniel Yeo, Hyundai Motor Group Innovation Center Singapore (HMGICS)'s Spencer Lee and Gradiant’s Jonita Chew on their roles in global companies growing from Singapore. #Singapore is ranked first in Asia for innovation performance according to the Global Innovation Index 2024. Learn about how businesses are tapping on Singapore’s diverse #talent pool to create new products and solutions for Asia and the world: https://lnkd.in/gWMwAAnx