The country eyes 2010 investments at S$12 billion

Investments in the manufacturing and services sectors are expected to hold their ground this year.

According to a Bloomberg report, the Economic Development Board pegs total fixed-asset investments between S$10 billion ($7 billion) and S$12 billion in 2010, in comparison to 2009's S$11.8 billion. The report added the government is also targeting to attract as much as S$9 billion in business spending from manufacturing and services industries such as health care, information, and education.

"The economic recovery will help boost the investment climate," said Board chairman Leo Yip. He added, "Singapore’s fundamentals continue to attract companies. We remain competitive in attracting investment."

Singapore is also set to see this month or in February the Economic Strategies Committee's recommendations on economic growth, following the committee's formation last May.

Also Read

Economy Lorem Ipsum

Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

SBR 5 Lorem Ipsum News 2 [8 May]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

6 days ago

SBR 4 Lorem Ipsum [8 May Top Stories]

6 days ago

Vibrant Group wins suit against Blackgold Australia

The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.

Lorem Ipsum text in year 2025

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.

Agribusiness