10X Genomics celebrates grand opening of its Singapore facility, its first outside the US

10x Genomics, an American biotechnology company celebrated the grand opening of its Singapore manufacturing facility and commercial hub recently. A life sciences leader focused on mastering biology to advance human health, the opening of its Singapore’s facility is part of its major Asia Pacific (APAC) expansion. The Singapore manufacturing facility is also its first outside […]
Singapore attracted $17.2 billion in Fixed Asset Investments in 2020 despite pandemic gloom

Despite the pandemic gloom, Singapore secured S$17.2 billion in Fixed Asset Investments (FAI) and S$6.8 billion in Total Business Expenditure last year (2020), Trade and Industry Minister Chan Chun Sing said. This is a strong performance in an exceptionally challenging year, the minister said. The FAI secured in 2020 significantly exceeded the medium to long-term […]
What’s the difference between an Employment Pass and a Tech.Pass?

Tech.Pass is a visa that allows established tech entrepreneurs, leaders or technical experts from around the world to come to Singapore to perform frontier and disruptive innovations. There are several differences between an Employment Pass and a Tech.Pass. For a start, one is an employment pass, the other is a visa. Employment Pass The Employment […]
Why does the government plan 500 tech passes amidst anti-foreigner sentiments?

With the anti-foreigner sentiments exacerbated by the pandemic, why is the government issuing 500 tech passes? Is it to make themselves more unpopular? Not at all. The new Tech.Pass is a response to the stiff competition for global tech talent. It is a much needed booster to attract top tech talent in a fiercely competitive […]
COVID-19 vaccine could be available in early 2021; EDB pumps in US$200m

A COVID-19 vaccine co-developed by Duke-NUS Medical School and Arcturus Therapeutics could be available in Singapore in the first quarter of 2021. Arcturus Therapeutic, which is based in California, made the announcement on 9 November. The vaccine is currently undergoing Phase 1/2 clinical trial in Singapore. This phase studies the safety and side effects of […]
Planes may be grounded but our spirit, never! Together, we will rise again.

EDB launched a new marketing campaign video to draw investors to Singapore. Titled ‘Dear World’, it is an open letter to the world, an invitation to rise together again, to be the greatest generation yet in this crisis. Our world is not quite the same today. Planes can be grounded but our spirit, never! This […]
Shell picks Pulau Bukom to pilot new virtual manufacturing technology

Shell’s choice of Singapore confirms what Minister Chan Chun Sing said about Singapore being leaders in driving the development of the digital economy ecosystem.
Hundreds of jobs to be created at Hyundai Singapore facility

Singapore to get its first car manufacturing facility, and it’s electric Last week, Hyundai announced the launch of a new range of electric vehicles (EV) under its Ioniq brand to be manufactured in Singapore. Construction of its new 28,000 square-metre manufacturing factory in Singapore was to begin in May. It was delayed to October because […]
ZOOM’s new data centre in Singapore means more jobs

The company worked with Singapore’s Economic Development Board in setting up the new data centre.
The company also plans to hire more Singapore employees, said Abe Smith, head of international at Zoom.