Daily Debrief: What Happened Today (Mar 6)

Published Thu, Mar 6, 2025 · 06:30 PM
    • Singapore’s R&D efforts have helped develop a strong pipeline of innovative startups, many of which are deep tech, DPM Gan Kim Yong noted.
    • Singapore’s R&D efforts have helped develop a strong pipeline of innovative startups, many of which are deep tech, DPM Gan Kim Yong noted. PHOTO: BT FILE

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    Singapore semicon companies, including startups, can tap new S$500 million national fab facility by 2027

    NURTURING strong enterprises through innovation is one of four ways the government plans to drive economic growth.


    JTC extends land leases for new industrial sites, offers more flexible renewals for businesses

    ALL new greenfield allocations where new building development is needed will be granted three more years of lease.


    Singapore to start S$200 million long-term investment fund for enterprises with longer, complex growth trajectories

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    THE S$1 billion private credit growth fund announced in Budget 2025 will include specialist advisory services.


    DBS CEO Piyush Gupta gets a S$17.6 million pay package for 2024, a jump of 56.5% from 2023 and up 14.3% from 2022

    THE company says around 17.1% or S$1.6 million will be in cash, with the remaining to be issued in the form of shares.


    Financial penalties for public agencies ‘not meaningful’; officers held accountable for NRIC disclosures: SM Teo

    HE ADDS the prime minister will take incident into account when evaluating the two ministers overseeing Acra and the Smart Nation initiative.

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