Singapore investment commitments reach US$16bil


Fixed asset investment commitments rose by S$0.8bil to S$13.5bil. — Reuters

SINGAPORE: Singapore drew S$21.9bil (US$16.2bil) in investment commitments in 2024, slightly higher than 2023, according to the Economic Development Board (EDB) as it flagged challenges in 2025 from geopolitical and economic uncertainty.

Fixed asset investment (FAI) commitments rose by S$0.8bil to S$13.5bil, while total business expenditure (TBE) per annum commitments fell by S$0.5bil to S$8.4bil, the EDB said in a statement.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Charting next growth phase with ROAR30
Corporate bond market set to hit RM130bil-RM140bil
Benign inflation supports Malaysia growth outlook
Swift Energy unit bags contracts worth RM18mil
MyTech takeover bid turns unconditional�
Ancom Nylex reports better 2Q net profit
Positive response to IPO of One Gasmaster
ISF Group IPO oversubscribed by over 31 times
ICT Zone wins RM17.3mil tech contract
PJBumi buys drilling rigs for RM162mil

Others Also Read