SINGAPORE — Singapore drew SG$21.9 billion ($16.2 billion) in investment commitments in 2024, slightly higher than 2023, the Economic Development Board (EDB) said on Thursday as it flagged challenges in 2025 from geopolitical and economic uncertainty.
Fixed asset investment (FAI) commitments rose by SG$0.8 billion to SG$13.5 billion, while total business expenditure (TBE) per annum commitments fell by SG$0.5 billion to SG$8.4 billion, the EDB said in a statement.
