Singapore Economic Development Board - EDB

Singapore Economic Development Board - EDB The Economic Development Board (EDB) is the lead government agency for planning and executing strategies to enhance Singapore’s economic competitiveness.

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We are deeply saddened to learn of the passing of Mr Chan Chin Bock, former Chairman of EDB and one of the pioneering le...
12/09/2026

We are deeply saddened to learn of the passing of Mr Chan Chin Bock, former Chairman of EDB and one of the pioneering leaders of Singapore’s economic story.

Mr Chan spent more than three decades in EDB, serving as Chairman of EDB from 1972-1975, and as EDB Alternate Chairman from 1975-1987, when he was based in the US. During his tenure, Mr Chan expanded EDB’s international operations and successfully attracted many prominent MNCs to Singapore. He also built up Singapore’s skilled labour pool through the creation of innovative joint training centres.

During the period where Mr Chan oversaw EDB’s world-wide network of 17 offices, foreign investment commitments secured by EDB increased from S$320m to S$1.7b annually. He also successfully secured Singapore’s first investment in the semiconductor and precision engineering industries. These industries laid the groundwork for the information technology, semiconductor and aerospace industries that Singapore has today.

After stepping down, Mr Chan continued to serve as an advisor to EDB. In 1994, he both seeded the idea and helped to establish the EDB International Advisory Council, to help EDB secure the support and advice of MNC CEOs who would be able to talk about their global business strategies, their operations in Singapore and how Singapore could support their future growth, and also advise EDB on its economic strategies.

Although Mr Chan resigned from formal service in 1995, he continued to mentor EDB officers. He spoke at many induction sessions, teaching young officers the tricks of the trade. He was also the creative force behind two books on EDB — Mr Chan was the author of Heart Work and shaped the editorial narrative of Heart Work 2 - EDB and Partners: New Frontiers For The Singapore Economy.

Mr Chan will always be remembered and admired for his leadership skills and his total dedication to Singapore. His passion and vision was his legacy, inspiring generations of EDB officers past and present.

Our deepest condolences to Mr Chan’s family and loved ones — EDB will honour his legacy and continue to attract investments, develop industries and create good jobs for Singaporeans.

Photos credit: EDB

Global   equipment leader Lam Research Corporation is hiring for 200 new positions this year to meet the growing demand ...
11/09/2026

Global equipment leader Lam Research Corporation is hiring for 200 new positions this year to meet the growing demand for advanced chips.

This includes specialised engineering and technical roles, which will help boost the company’s local capabilities while building a robust pipeline in semiconductor . The expanded team will work with Lam Research’s customers and partners to address challenges in cutting-edge domains, such as high bandwidth memory, silicon photonics, and 3D chip integration.

Lam Research has been in Singapore for three decades, with its local workforce involved in areas like innovation, data science, supply chain and logistics. The company also actively collaborates with institutes of higher learning like the Nanyang Technological University, Singapore, National University of Singapore and Singapore Institute of Technology to provide students with real-world exposure into the semiconductor industry.

Singapore’s semiconductor industry contributes close to 6% of Singapore’s GDP and employs more than 35,000 people. Learn more about Lam Research’s expansion:

US chip equipment maker Lam Research is adding 200 specialised engineering jobs in Singapore to meet AI-driven demand for advanced chips and next-gen packaging.

As Bristol Myers Squibb marks 60 years in  , the global   company is expanding the country’s strategic role in its new P...
10/09/2026

As Bristol Myers Squibb marks 60 years in , the global company is expanding the country’s strategic role in its new Pan Asia Cluster (PAC).

BMS has more than 60 clinical trials underway across the region, with 5 new trials expected to begin in Singapore by the end of 2026. The company currently employs over 200 employees in its PAC and plans to add key based in Singapore, to deepen partnerships that will bring innovative medicines to more patients across Asia.

Long-time local employees like Christina Keok and Josephine Lee have grown into leadership roles over their 16- and 23-year careers with BMS, supporting clinical research, regulatory and commercial operations across Asia Pacific.

Swipe to learn more about their stories and discover BMS' key milestones in Singapore 👉

Read more about BMS’ journey in Singapore here: https://go.gov.sg/edbfbcontent10sep2026

Think AI means fewer jobs? Singapore's   boom tells a different story 🚀Global fintech firms like Airwallex, Revolut and ...
27/08/2026

Think AI means fewer jobs? Singapore's boom tells a different story 🚀

Global fintech firms like Airwallex, Revolut and YouTrip are ramping up hiring in Singapore, creating new exciting opportunities for Singaporeans who can harness to drive growth and innovation.

Airwallex is growing its Singapore team to nearly 800 by end-2026, with roles in product, engineering and design. Revolut's workforce nearly doubled from 2024 to 2025 and the company has plans to expand its headcount to over 300 employees. YouTrip is looking to increase its Singapore by 10% by the end of this year.

Read the full story to discover how AI is opening up new job opportunities for Singaporeans:

These companies are looking to fill roles in product, engineering and design, among others Read more at The Business Times.

This National Day, we celebrate two outstanding leaders – Mr Michael Farrell, Chairman and CEO of Resmed, and Mr Patrice...
25/08/2026

This National Day, we celebrate two outstanding leaders – Mr Michael Farrell, Chairman and CEO of Resmed, and Mr Patrice Caine, Chairman and CEO of Thales – on being conferred the Public Service Star (Distinguished Friends of Singapore)!

Over the years, Resmed has deepened its roots in Singapore, growing to over 1,400 employees and building one of its most important global bases for advanced manufacturing, digital health, and AI here. Under Mr Farrell’s leadership, Resmed has deepened its investment in Singapore, which includes its regional headquarters, an advanced manufacturing facility in Tuas and a product development centre at Fusionopolis. The company has also hired 150 researchers, scientists and engineers to further expand its capabilities in Singapore.

Having established itself for more than 50 years in Singapore, Thales’ presence here has grown from an avionics manufacturing operation into a strategic hub spanning aerospace, defence, cybersecurity, AI and advanced manufacturing. Under Mr Caine’s leadership, the company has expanded to over 2,000 employees, with its regional headquarters, as well as its largest global avionics repair site and a key multi-product manufacturing facility for digital identity and security solutions located in Singapore. He also played a key role in facilitating Thales’ close partnerships with public agencies to advance national priorities – from setting up the Singapore Defence Hub to joint R&D labs with NTU, Civil Aviation Authority of Singapore, and HTXSG.

Congratulations once again to both leaders and here’s to advancing innovation, creating good jobs and driving new growth opportunities from Singapore together! Learn more: https://go.gov.sg/edbfbcontent25082026

14/08/2026

What does AI mean to the next generation? 🤖

For ITE College East students Si Hao, Yong Jie and Syahirah, AI is already changing how they learn and work. Si Hao once thought AI was mainly about coding but now sees how accessible and user-friendly it can be, while Syahirah is finding value in using AI to support her day-to-day work.

Initiatives such as Google and Ministry of Education, Singapore's AI Living Labs are giving Singaporean students across our Institutes of Higher Learning opportunities to explore these possibilities first-hand. By experimenting with AI tools and innovations, students are being equipped with the skill sets they need to capture new opportunities in an AI-enabled economy. The programme aims to reach 50,000 Singaporeans by 2027, with expansions planned to Nanyang Polytechnic and others.

Find out how young Singaporeans are making AI work for them: https://go.gov.sg/edbfbcontent14082026

What if   can be used to transform your shopping experience? Klaviyo, a US-based consumer tech company, is helping brand...
13/08/2026

What if can be used to transform your shopping experience? Klaviyo, a US-based consumer tech company, is helping brands do just that from its new Asia headquarters in Singapore!

The B2C customer relationship management platform helps brands responsibly harness customer data and AI to deliver more personalised experiences - and Singaporeans Elayne Soon and Germaine Tay are helping to drive its next phase of growth across Asia.

As Klaviyo’s Talent Acquisition Lead for Asia-Pacific (APAC), Elayne (4th pic) helps to build the teams behind the company’s regional growth. She has also tapped Klaviyo’s learning budget to upskill in AI through a SkillsFuture course and is now applying her new skills to her day-to-day work.

Germaine (5th pic), Klaviyo’s Head of Marketing for Asia, built her career in Meta and Shopify before joining Klaviyo. Today, she leads marketing across Southeast Asia, Japan and China, and is passionate about helping local brands digitise, reach new customers and grow through Klaviyo’s platform.

The new office opens with more than 25 employees, and there are plans to further expand the team to support customers across Asia. Read more here: https://go.gov.sg/edbfbnews13082026

Global science and technology company Merck has expanded its BioReliance® Lab in Singapore to offer next-generation biol...
12/08/2026

Global science and technology company Merck has expanded its BioReliance® Lab in Singapore to offer next-generation biologics testing services to biopharma companies across Asia Pacific — and Singaporean like Yang Ninghan are playing a key role in boosting Merck’s capabilities here.

Biologics testing is an important step in the drug development process, to ensure drug products are safe to be used by patients. As Strategic Programme Manager, Ninghan leads the rollout of Merck’s expanded regional testing capabilities, having started her career with Merck 8 years ago as a Biosafety Testing Scientist, and after completing specialised training in Scotland.

Ninghan is one of over 9,300 Singaporeans working in our vibrant sector. Swipe to discover how her career has progressed alongside Merck’s growing presence in Singapore and read more about the latest expansion: https://go.gov.sg/edbfbnews12092026

09/08/2026

Happy 61st birthday, Singapore 🇸🇬 EDB wishes our fellow Singaporeans, friends and partners a very Happy National Day!

From discovering which Singaporean dish best represents your personality to building your dream neighbourhood, explore what Singapore has to offer on the Singapore Global Network’s microsite: https://site.singaporeglobalnetwork.gov.sg

👋 Meet Naomi, James and Sriram – three of this year's Singapore-Industry Scholarship recipients from STMicroelectronics ...
05/08/2026

👋 Meet Naomi, James and Sriram – three of this year's Singapore-Industry Scholarship recipients from STMicroelectronics NV, DHL Supply Chain and 한화데이즈(Hanwha).

By providing students with industry exposure and learning opportunities, the SgIS aims to nurture the next generation of Singaporean for careers across our strategic industries and pharmaceuticals, electronics, , and supply chain management. This year, the programme celebrates its 15th anniversary, with a record 210 students receiving the scholarship.

Swipe to hear what inspired them to pursue the SgIS and how the scholarship is supporting their academic and professional journeys!

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