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UBS Launches Inaugural Asian Investment Conference Singapore Wealth Edition

UBS launched its inaugural Asian Investment Conference (AIC) Singapore Wealth Edition on May 22 at Capella Singapore, attracting over 1,000 participants, including family offices and ultra-high net worth individuals. The event featured prominent speakers such as former US President Bill Clinton and Singapore's Deputy Prime Minister Gan Kim Yong, discussing strategies for navigating current global market conditions. The AIC will continue with its Hong Kong leg from May 27 to 30.

Singapore plans 375 million dollar semiconductor facility by 2027

Singapore plans to establish a S$500 million (US$375 million) national semiconductor fabrication facility by 2027, aimed at supporting local companies and startups in R&D, particularly in advanced packaging. This initiative, part of the National Semiconductor Translation and Innovation Centre, reflects the government's strategy to nurture enterprises for regional and global competitiveness. Additionally, the country is investing in biomedical R&D infrastructure and enhancing support for diverse growth strategies, including a new US$150 million long-term investment fund.

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