The 16th branch in China will cater to the growing demand for financial services from businesses and affluent individuals in the western region of the country, says UOB.
Singapore is now the second-largest international offshore centre for transactions involving the renminbi, according to the Singapore Exchange.
Over 150 companies have benefited from the Enterprise Training Support (ETS) Scheme so far.
ICBC Singapore is now promoting yuan-denominated bonds as part of its efforts to develop the bond market and grow Singapore as an offshore RMB hub.
The new facility at Kallang Bahru also houses the eyeglass lens manufacturer's regional Centre for Innovation and Technology, and its new International Vision Academy.
Keppel REIT will pay S$1.25 billion for the stake, which works out to around S$2,790 per square foot.
More property developers are now heading to Australia to enjoy the better margins and yield spreads there, with analysts saying that developers can achieve returns of up to 20 per cent per annum there.
The karaoke operator could face regulatory action for not protecting personal data in its possession, security experts say, following the data breach which saw details of more than 317,000 members leaked.
The plant, to be built by BESIN-UEN Consortium, is expected to commence operations in 2016 and will add another 50 million gallons of NEWater per day to the nation's water supply.
It is creating a McLaren Development centre to develop and commercialise emerging technologies, and is partnering the Institute of Infocomm Research on a joint laboratory focusing on predictive analysis.