Foreign investment in the technological sector continues to be attracted to Singapore. They include DB Schenker, logistics firm from Germany increased its state in Singapore, growing by estimate 250 placements in Singapore in the process engineering, artificial intelligence and data analytics category.

Concurrently, ByteDance a Chinese tech also set its presences in Singapore.

With increasing popularity, TikTok, Beijing-based owner of video-sharing app, forecast 400 placement locally, planning to spend several billion dollars spread over next 3 years.

First 6months of 2020 alone, Singapore has draw an estimate $14.3 billion fixed-asset investments – comprising estimate 95% of total investment commitments for 2019 and $15.2 billion last year, a 7-year high.

Owing to business-friendliness, trustworthiness to uphold the rule of law, high connectivity, skilled & reliable workforce were great attribute to this.

Companies having investments interest in Singapore includes Johnson Controls, Twitter, PayPal, Zoom, Rakuten and Kajima.

Midtown Bay a very unique new launch in Central Singapore, comprises residential integrated with FnB and Grade A office component.

Source: straitstimes

*The information is subjected to change and photos/images used are for illustration purposes only.