Singapore business investment commitments touch record high of $17b in 2022

Singapore business investment commitments touch record high of $17b in 2022

Office workers walk to the train station during evening rush hour in the financial district of Singapore March 9, 2015. REUTERS/Edgar Su

Business investment commitments in Singapore hit a record high of S$22.5 billion ($16.98 billion) last year, driven by the electronics sector and rebounding from a slump in 2021, government data on Thursday showed.