BioNTech to establish Regional HQ and first mRNA facility in Singapore

BioNTech Regional HQ Singapore

BioNTech SE announced on 10 May its plans to establish its Regional Headquarters for Southeast Asia in Singapore. This is a key milestone in the Company’s international expansion. It follows the establishment of of its U.S. Headquarters in Cambridge, MA in 2020. In addition to selecting Singapore as its future regional headquarters, BioNTEch also plans […]

4G Leadership: why you can put your confidence in Chan Chun Sing

Chan Chun Sing - MOE MInister

“We cannot save every job and every business, but we will take care of every Singaporean. We will not let widespread unemployment erode the confidence and dignity of our people.” – Chan Chun Sing June 2020 – A common thread running through Chan Chun Sing’s speeches is the expressed determination to ensure a successful and […]

Singapore attracted $17.2 billion in Fixed Asset Investments in 2020 despite pandemic gloom

Fixed Asset Investments

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 […]

Singapore and US sign MOU to deepen economic cooperation

MOU Memorandum of Understanding MOU Chan Chun Sing Wilbur Ross Ministry for Trade and Industry MTI

The United States of America (U.S.) and Singapore have signed a Memorandum of Understanding (MOU) to deepen economic cooperation and extend trade financing and investment support to companies in Singapore and the U.S, the MTI said in a media release. The MOU was signed by Minister for Trade and Industry Chan Chun Sing and his […]

Risk management is Singapore’s way, not risk elimination: Chan Chun Sing

risk management

Singapore’s reliance on external connections and visitors necessitates us to adopt a ‘risk management’ instead of a ‘risk elimination’ approach, Trade and Industry Minister Chan Chun Sing said. For Singapore, remaining an open economy does not just refer to the trade in goods and services. It is also about the regular exchange and flow of […]

Singapore economy turns a corner but recovery will be gradual

Singapore economy

The Singapore economy expanded by 9.2 per cent on a quarter-on-quarter seasonally-adjusted basis in the third quarter. This is a turnaround from the 13.2 per cent contraction in the second quarter during the Circuit Breaker. On a year-on-year basis, our economy contracted by 5.8% in the third quarter. This is an improved performance compared to […]

Signing of RCEP is bright spot that points the direction ahead: Chan Chun Sing

Signing of RCEP

The bright spot that points the direction ahead. A timely boost to the longer-term prospects of the region. That’s how Trade and Industry Minister Chan Chun Sing described the signing of the RCEP (Regional Comprehensive Economic Partnership). The RCEP is eight years in the making. Thanks to hard work and dedication from the team at […]