"Our officials have done the studies and they feel both sides stand to benefit significantly," says Singapore's Trade and Industry Minister S Iswaran.
The Minister for Trade and Industry (Industry) said this as he welcomed a S$250 million investment by REC into technology upgrading, as well as research and development for a new type of solar panel.
The equity and debt crowdfunding platform says it will connect start-ups in Southeast Asia and China with accredited investors in Singapore, with investment amounts starting from S$5,000.
Industry watchers say a lot of opportunities are emerging for the logistics industry with the setting up of the ASEAN Economic Community and the Trans-Pacific Partnership.
DBS has cut its GDP growth forecast to 1.5 per cent for 2016. If this happens, Singapore's GDP will be at the slowest pace of expansion since the global financial crisis in 2008/09.
Southeast Asia Chief Executive Officer Chaly Mah will be stepping down on May 31 after 38 years with Deloitte.
The Straits Times Index closed at 2603.40 on Thursday (Feb 25), after rising as much as 0.8 per cent earlier in the day.
The Singapore-listed commodities trader says it expects to report a net loss for 2015.
But analysts also say there are kinks to be ironed out before the skies are truly open.
As a financial hub, it is critical that Singapore protects itself against cyber attacks. This may mean a need for more robust security measures, but how much more has to be done to keep data safe and secure?