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PM Lawrence Wong says Singapore businesses can tap emerging prospects as Timor-leste moves away from oil and towards tourism and the blue economy.
Upon completion of the Greater Sentosa Master Plan to transform and expand the destination, the area is expected to attract twice the number of visitors it does today.
The company’s new 236,000 square foot facility in the fast-growing data centre market is expected to employ up to 500 people when it is fully operational in 2027.
They are also reassessing their concentrated exposure to US markets and looking past AI, says Dirk Goergen, global head of client coverage at asset manager DWS.
SINGAPORE will strengthen bilateral exchanges and economic ties with Timorleste, including exploring new investment opportunities and opening selected sectors and occupations to Timorese workers next year. Singapore will also continue...
