Singapore digest news (19.06-24.06)

1,700 private homes and office, retail spaces in new Jurong Lake District site

Land near the Jurong East MRT interchange was launched for tender on Thursday (Jun 22) for development to kickstart a new precinct in the Jurong Lake District. There is a potential yield of about 1,700 housing units, at least 146,000 sq m of office space and 73,000 sq m of gross floor area for shops, restaurants, entertainment, hotel, community uses or more offices.

The proposed integrated development will be progressively completed over the next 10 to 15 years, said URA.


Wellness Festival Singapore 2023: Discover new experiences for your mind and body

From now until 9 Jul, 2023, festival-goers can immerse themselves in over 180 wellness programmes, each curated to promote different facets of well-being. The marquee Wellness Experience Space at Marina Bay Sands is where you’ll discover innovative wellness-themed installations, all freely accessible to the public. Iconic destinations such as Jewel Changi Airport, Sentosa and Singapore Art Museum are also hosting a plethora of engaging activities suitable for solo wellness warriors as well as those looking to spend quality time with loved ones.


Singapore ranks 4th in list of world’s most competitive economies

Singapore remains Asia’s most competitive economy, according to the 35th edition of the IMD World Competitiveness Ranking (WCR).

According to IMD, Singapore performed well in international trade, employment, and technological infrastructure. The Lion City, however, needs improvement in areas such as prices, management practices, and health and environment.


OCBC unveils digital account opening for foreigners moving to SG

OCBC has launched a fully digital account opening service for foreigners in select key markets. Individuals from Malaysia, Indonesia, mainland China, and Hong Kong will be able to open Singapore dollar and multi-currency accounts on the OCBC digital app remotely in just minutes.

OCBC said it leveraged artificial intelligence, data analytics, biometrics, blockchain and cloud technologies to make the service possible.


President of Singapore visits Qatar National Library

President of the Republic of Singapore H E Halimah Yacob and the accompanying delegation visited Qatar National Library, as part of her visit to Qatar.

During her tour of the library, Her Excellency was accompanied by Minister of Education and Higher Education H E Buthaina bint Ali Al Jabr Al Nuaim. The President of Singapore was briefed on the architectural structure of Qatar National Library and the books it contains. She also toured the Heritage Library, and Qatar Through Time, which contains important documents on the history of the state.