UOB on Monday (Jan 5) raised its 2026 gross domestic production growth forecast for Singapore to 2.6 per cent, from 2.1 per cent previously. The revision comes after the Republic’s “outperformance” in 2025 GDP growth relative to November estimates by the Ministry of Trade and Industry, UOB said. It added that the full-year figure of 4.8 per cent surpassed 2024’s “strong growth” of 4.4 per cent.
Greenphyto launched its vertical farm, tallest in the world.
Agritech startup Greenphyto launched its flagship multi-storey hydroponics farm on Wednesday (Jan 7), a facility that it says can produce up to 2,000 tonnes of vegetables a year by relying heavily on automation. This puts the farm’s output at about 45 times that of traditional farming methods. Guinness World Records recognised it as the world’s tallest vertical farm.
Property investment activity in Singapore hit a new eight-year high of $40 billion in 2025, fuelled by robust participation in Government Land Sales (GLS) tenders and more commercial transactions as interest rates eased amid geopolitical and economic uncertainty. This surpassed the previous peak in 2017, when $35.5 billion was recorded due to a collective-sales boom and strong institutional demand. It also exceeded Knight Frank Singapore’s forecast of $27 billion to $30 billion, the real estate consultant said in a report dated Jan 8.
Singapore Airshow 2026: Expect road closures, changes to public transport from Jan 26 to Feb 12.
Singapore Airshow's organiser Experia Events in a statement on Jan 12 said the revised road and traffic arrangements will be in place for about 2½ weeks. The aerospace and defence echibition, held every two years, will run from Feb 3 to 8 at Changi Exhibition Centre. More than 1,000 firms from about 50 countries and regions will be taking part, and the show will feature a brand new Space Summit.
160-year-old Maqam Habib Noh tomb fully reopens to visitors after major renovation.
Maqam Habib Noh mausoleum in Singapore reopens fully on Jan 12, after 1.5 years of renovations costing $2 million. Renovations include a new dome, reinforced staircase, restored façade and waterproofing, funded by donors and sponsors.