Singapore investment commitments rise in 2025 as China's share soars
SINGAPORE - Singapore drew more investment in 2025 despite geopolitical and economic uncertainties, with China forming a larger share of total commitments and business expenditures, according to data released on Monday (Feb 9) by the city-state's Economic Development Board.Fixed asset investment commitments in Singapore rose 5.2 per cent to $14.2 billion, from $13.5 billion a year earlier, while total business expenditure rose 6 per cent to $8.9 billion, the agency said in a statement.Singapore has seen an influx of Chinese companies looking to domicile in Singapore to reduce the risks to their business arising from the growing geopolitical tensions between China and the United States.China's share of fixed asset commitments accounted for 20.6 per cent of the total last year, exceeding the United States for the first time, with the US share falling to 17.3 per cent. In 2024, China accounted for only 2.5 per cent of the commitments, with the United States at 55.5 per cent.EDB chairman Png Cheong Boon said that many Chinese companies are seeking to expand internationally in response to slower domestic growth.