EDB SOCIETY NEWS
EDB SOCIETY NEWS
36th Annual General Meeting
24 March, 2026
On 24 March 2026, The Society held our 36th Annual General Meeting. We invited Mr Clarence Chua, Senior Vice President, Head of Planning, and Head of the Japan/Korea Region, EDB, who presented the EDB Year-in-Review 2025.
Attached below is the EDB Society Annual Report 2026.
1 January, 2026
President’s New Year Message 2026
Dear EDB Society Members,
As we step into 2026, I am delighted to reflect on a fulfilling year behind us and an exciting one ahead.
2025 was a vibrant year for the EDB Society. We organised a wide range of activities, beginning with our Chinese New Year social gathering, which provided a great opportunity for members to catch up and reconnect in a casual setting. This was followed by a career development talk in February, an informative Energy Transition series (together with Temasek Alumni) featuring Minister Dr Tan See Leng and Mr Ravi Menon, as well as exclusive solar farm visits. These engagements offered valuable perspectives on Singapore’s renewable energy landscape and, just as importantly, strengthened learning, dialogue, and connections within our growing community.
Beyond professional engagements, 2025 also reflected our shared commitment to giving back and supporting the arts as part of SG60. Through the generosity of our members and the EDB Society, we raised funds under the Adopt-an-Audience initiative to invite more than 100 beneficiaries from Club Rainbow and the Rare Diseases Society to enjoy the Cinderella theatre production by Singapore Ballet. It was a meaningful way to bring joy to the community while championing Singapore’s arts and cultural scene and supporting the under-privileged through the arts.
We will carry this strong momentum into 2026. The year will begin with a special engagement in January with Deputy Prime Minister Gan Kim Yong, centred on the opportunities and challenges shaping Singapore’s future. In February, our annual social networking event returns—an always-anticipated occasion for members to reconnect and forge new friendships. In March, we will launch an exciting new series on the health and longevity economy, kicking off with a session featuring Minister Ong Ye Kung.
We will do our best to organise relevant and engaging programmes that reflect the evolving interests of our members. I would like to extend my sincere appreciation to my amazing EXCO colleagues and the EDB Society Secretariat team for their energy, dedication, and hard work in bringing these initiatives to life.
Thanks to all of you for your support and participating actively in the Society’s events. I look forward to connecting with many of you in the year ahead as we continue this journey together.
On behalf of the EXCO team, I wish you and your loved ones a Happy, Healthy, and Prosperous 2026!
Warm regards,
Mano
President, EDB Society
20 Feb, 2024
Budget 2024 at a Glance
Singapore will introduce a new Refundable Investment Credit (RIC) for substantive, high-value economic activities, as part of the country’s investment promotion toolkit, said Finance Minister Lawrence Wong on Friday (16 Feb 2024).
The tax credit with a refundable cash feature will help Singapore stay competitive and attract investments from global companies with the right know-how, he said during his Budget speech in Parliament.
The RIC encourages companies to make sizeable investments that bring substantive economic activities to Singapore, in key economic sectors and new growth areas.
Supported activities include investing in new productive capacity, such as manufacturing plants; expanding or establishing the scope of activities in digital services; and expanding or establishing headquarter activities.
Sustainability updates from Singapore for businesses – a round-up from December 2023
24 Jan, 2024
A small, low-lying island nation, Singapore intimately recognises the threat of climate change. Without access to abundant low-carbon energy sources and bio-based resources, our green journey is not easy. But we understand the urgency of response and are committed to forging the path ahead to a sustainable future.
Singapore has outlined a series of national initiatives focused on sustainability. We are mobilising all our capabilities to adapt to a changing climate, enable decarbonisation, and stimulate green growth opportunities amidst Asia’s sustainability journey.
Singapore announced various initiatives in December 2023 to accelerate collective climate action in our part of the world and beyond. Here’s a recap of significant developments, company announcements and insightful content that capped off 2023.
The Next Silicon Valleys: Singapore as a Gateway to Southeast Asia
02 Jan, 2024
Repetition never spoils the prayer: The three most important criteria for investing in a home are location, location, location. And given it takes an ecosystem to build industries, we think the same can be said for founders and companies contemplating headquarter sites, expanded operations, or simply new investment opportunities. As the world shifts in response to technological change, macroeconomic conditions, and geopolitical stances, some regions have plainly excelled in the Darwinian adaptations essential to sustaining thriving entrepreneurial ecosystems.
In the United States, Silicon Valley is still king of the hill for technology companies and the epicentre for startup financing thanks to a concentration of venture capital firms, top talent, fertile training institutions, and reverberative exits. Across the Atlantic, London remains home to nearly 70 per cent of the United Kingdom’s private equity and venture capital investors in spite of Brexit, attracting some $20 billion in funding last year — double the amount raised in any other European city.