Singapore attracted S$13.5 billion in fixed asset investment commitments in 2024 — S$1 billion more than in 2023. These are funds that go into building factories or buying equipment. The Economic Development Board said in its yearly report that most investments came from electronics, driven by emerging trends like artificial intelligence and digitalisation. Projects secured last year are expected to create around 18,000 new jobs in the next five years. The US remained the top investor, but trade tariffs and rising protectionist policies mean staying nimble and diversifying markets are key to attracting more investments. Nadirah Zaidi reports.
Singapore attracted S$13.5b in fixed asset investment commitments in 2024
Younger generation are optimistic because they’re living with their parents. Once in their 30-40s when they’re starting families they won’t be optimistic anymore! Facts.
Chinese are theives
Singapore and Singaporeans are trapped in a flawed and failing system that is enriching a few at the expense of the many while dividing them
Saying nice things about the PAP won’t change anything
The younger generation is less concerned about inflation and cost-of-living pressures (34%) compared to those in their 40s (63%).
While 56% of residents aged 18–29 are optimistic about the economy, only 38% of those aged 40–49 share this sentiment.
A striking difference in mindset is evident between younger Singaporeans and those in their 40s.
The rising cost of healthcare is a major concern, with more than half (53%) of Singapore residents perceiving it as expensive.
Healthcare costs and financial preparedness