The Town Hall Link Government Land Sale (GLS) Jurong Lake District (JLD) site could attract bids exceeding $2b, with analysts expecting developers to form consortiums to take on one of Singapore's largest upcoming mixed-use projects.
The white site can yield about 1,200 private homes and over 83,200 square metres (sqm) of commercial space, including a minimum of 40,000 sqm of office space.
Services employees in Singapore worked an average of 41.6 paid hours per week in 2025, marking the shortest workweek for the sector in the past decade, according to the Ministry of Manpower's (MOM) Labour Market Survey.
Services-producing industries generated more than 70% of Singapore’s nominal gross domestic product in 2025, led by wholesale trade at 19.7% and finance and insurance at 14.0%, according to the Department of Statistics Singapore.
“AI, automation and higher productivity can offset some labour shortages, but probably not all of them.”
Tan agreed that technological advances could mitigate the need for population growth in some areas, but said sectors such as healthcare and caregiving would remain heavily reliant on empathy, judgment and the human touch.
Given Singapore’s aging population, I will (begrudgingly) agree that more foreign healthcare workers and caregivers will be needed.
This year’s retreat in the Indonesian capital will “explore pathways to strengthen collaboration in areas of mutual interest and benefit for Singapore and Indonesia”, with PM Wong and Prabowo set to review progress on bilateral initiatives since their last meeting.
Over the next three years, 60,000 professionals in accounting and finance will learn to use artificial intelligence tools to do everything from automating fraud detection to pulling insights from raw financial data for audits.
They will be among the first group of non-tech professionals to be trained under a national push to get 100,000 workers confident in using AI in their own line of work by 2029.
Caretaker Johor chief minister Onn Hafiz Ghazi has urged Johoreans, including those working in Singapore, to return and vote on July 11, arguing that a higher turnout would give a clearer picture of democratic participation in the state.
The city state has jumped from ninth place in 2015, overtaking the likes of China and investment fund center Luxembourg, the think tank’s researchers found.
The US, UK and Hong Kong cemented their positions in the top three, based on signs of international activity such as assets under management, foreign bank holdings, and private and public fundraising.
Healthcare Services Employees' Union executive secretary Steven Goh said automating tasks such as documentation and scheduling could reduce administrative burdens that contribute to staff burnout.
"All these will alleviate a lot of their time, and with that, I think the nurses will have better job satisfaction, and therefore be able to have greater staff retention," he said.
In the social service sector, the Ministry of Social and Family Development (MSF) is setting aside S$15 million (US$12 million) over three years to tap emerging technologies such as AI.
AI is already being put to practical use across the social service sector, from facial recognition tools that help ensure clients receive the correct medication to platforms that support case workers handling complex family cases.
“The greatest risk often comes not from direct replacement, but from AI-enabled workers becoming significantly more productive than their peers, reducing the number of people required to perform the same output.”
“Industry decline does not necessarily mean job loss tomorrow, but it often signals shrinking opportunities, slower wage growth, reduced investment and fewer pathways for career advancement over time.”
Recruiters say employers are prioritising candidates who can deploy artificial intelligence in real business settings
seen an increasing number of Taiwanese business owners and entrepreneurs keep a portion of their wealth in the city-state due to its political stability, low taxes and, crucially, its perceived safety from the geopolitical risks hanging over Taiwan.
affluent families are increasingly rethinking that playbook, with Singapore emerging as a preferred haven.
Singapore remained one of the world’s wealthiest economies. Average wealth per adult reached US$527,217 (S$683,600), ranking the Republic sixth globally behind Switzerland, the United States, Luxembourg, Hong Kong and Australia.
The number of US-dollar millionaires here also grew 2.2 per cent – or 5,240 people – to 244,000.
Singapore scored second overall on the index’s measure of EV market share. It also ranked highly on charger accessibility, with 10.54 chargers per 1,000 drivers placing it third on the ranking.
However, the Republic’s cost of driving was among the highest at US$56.10 per 100 km