About SG60
In 2025, as Singapore marks a momentous 60 years of independence, we unveil a stunning collection of stories that capture the extraordinary spirit of a nation built on ambition, resilience, and innovation. Through powerful stories of trailblazing institutions, visionary enterprises, and pioneering individuals, this collector’s edition offers a captivating journey through Singapore’s remarkable rise as a global economic powerhouse.
From legacy brands that stood the test of time, to industry giants that shaped the nation’s destiny, and bold innovators who catapulted Singapore onto the world stage — these narratives are a tribute to our storied past and a rallying call for the future.
Private sector stories will unfold under three electrifying themes:
- Heritage – Intimate conversations with leaders who preserved purpose across generations.
- Nation Builders – Companies that laid the foundation of Singapore’s economic might.
- Innovation – Game-changers who redefined the future and made Singapore a name synonymous with excellence.
Congratulatory Messages
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Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
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Casey Mace
Chargé d’Affaires United States Embassy in Singapore
Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
The Edge Singapore Foreword
Remaking Singapore, one story at a time
The Edge Singapore, as a publication, does not quite have the same vintage as SG60 — but we are nearly halfway there. Launched in 2002, we have made our mark with our coverage of Singapore’s business and economic news.
The cover story of our launch issue back in March 2002, with the headline “Remaking Singapore Inc”, aptly defined how Singapore’s business landscape needed to evolve. Back then, Singapore’s very internationalised economy was trying to cope with the fallout from the 2001 global shock from the 9/11 attacks. It was also a time when regional competition was getting tougher — but also when overseas business opportunities were richer.
Over the years, we have been expanding on this theme by telling the stories of the various companies that you will read about in this book you are now holding — how they are finding ways to adapt and grow by identifying and riding on new trends and themes.
Mapletree Investments, for example, was a newly restructured entity spun off from PSA. Over the years, we have tracked how Mapletree, under the leadership of group CEO Hiew Yoon Khong, has grown from strength to strength. Tapping on its home base, it expanded steadily into literally all over the world. It spun off numerous REITs, creating a new level of liveliness to the local stock market.
There is also CapitaLand. When The Edge Singapore first started writing about this real estate giant, it was very much a traditional developer and owner of commercial and residential properties — not just in Singapore but especially in overseas markets such as China. Yet, CapitaLand was steadily transforming itself into a real estate manager with a steadier and more sustainable income profile.
Numerous more notable local companies are featured in this book too. They range from key government-linked businesses such as Surbana Jurong, to homegrown stalwarts of their respective industries such as Koh Brothers. They belong to fast-moving financial services like PhillipCapital and iFast Corp, as well as traditional but ever-popular home-grown brands such as Old Chang Kee.
Together, these companies have all played a part in how Singapore’s economy as a whole has evolved and grown. The Edge Singapore is proud to do our part covering their journey — thus far and for years to come.
Remaking Singapore, one story at a time
The Edge Singapore, as a publication, does not quite have the same vintage as SG60 — but we are nearly halfway there. Launched in 2002, we have made our mark with our coverage of Singapore’s business and economic news.
The cover story of our launch issue back in March 2002, with the headline “Remaking Singapore Inc”, aptly defined how Singapore’s business landscape needed to evolve. Back then, Singapore’s very internationalised economy was trying to cope with the fallout from the 2001 global shock from the 9/11 attacks. It was also a time when regional competition was getting tougher — but also when overseas business opportunities were richer.
Over the years, we have been expanding on this theme by telling the stories of the various companies that you will read about in this book you are now holding — how they are finding ways to adapt and grow by identifying and riding on new trends and themes.
Mapletree Investments, for example, was a newly restructured entity spun off from PSA. Over the years, we have tracked how Mapletree, under the leadership of group CEO Hiew Yoon Khong, has grown from strength to strength. Tapping on its home base, it expanded steadily into literally all over the world. It spun off numerous REITs, creating a new level of liveliness to the local stock market.
There is also CapitaLand. When The Edge Singapore first started writing about this real estate giant, it was very much a traditional developer and owner of commercial and residential properties — not just in Singapore but especially in overseas markets such as China. Yet, CapitaLand was steadily transforming itself into a real estate manager with a steadier and more sustainable income profile.
Numerous more notable local companies are featured in this book too. They range from key government-linked businesses such as Surbana Jurong, to homegrown stalwarts of their respective industries such as Koh Brothers. They belong to fast-moving financial services like PhillipCapital and iFast Corp, as well as traditional but ever-popular home-grown brands such as Old Chang Kee.
Together, these companies have all played a part in how Singapore’s economy as a whole has evolved and grown. The Edge Singapore is proud to do our part covering their journey — thus far and for years to come.
The Edge Property Foreword
Charting Singapore’s urban evolution: A story still being written
When The Edge Singapore was launched in March 2002, Marina Bay was little more than a 360-ha stretch of reclaimed land. Today, it is home to Singapore’s most iconic skyline — from the Marina Bay Sands Integrated Resort to the waterfront promenade, Helix Bridge and Gardens by the Bay.
For over two decades, our property section — from City & Country to EdgeProp Singapore — has chronicled the rise of landmark precincts and tracked the policies, people, and developments shaping our built environment.
Over two decades ago, Marina Bay set the tone for transformation. Envisioned as Singapore’s New Downtown, it marked the launch of its first residential development, The Sail @ Marina Bay, in late 2004, followed by the mixed-use development Marina Bay Financial, with a trio of Grade-A office towers flanked by luxury residences, Marina Bay Residences and Marina Bay Suites.
The evolution continues with the upcoming launch of W Residences Marina View in the Marina View precinct, fronting Shenton Way. Meanwhile, Marina South is poised to be the next chapter, beginning with the launch of One Marina Gardens in April 2025.
Sentosa Cove, too, has become a global benchmark for luxury waterfront living, with over 350 seafront bungalows, nearly 1,800 condos, and an international population drawn to its resort-style lifestyle.
Across the island, new-generation precincts have emerged — each purpose-built to anchor Singapore’s future economy. One-north has become a thriving hub for biomedical sciences, tech and media. Punggol Digital District leads the way in smart living and digital innovation, seamlessly integrating work, study and home life.
In the west, Jurong Lake District is rising as Singapore’s second CBD, while Jurong Innovation District positions the region as a centre for advanced manufacturing.
In the east, Paya Lebar Central has emerged as a vibrant commercial centre, anchored by integrated developments like Paya Lebar Quarter. Ahead of the 2025 General Election, the government launched the “East Side, Best Side” East Coast Plan website — with an interactive map showcasing upgraded amenities and ongoing community improvements across different areas.
Orchard Road, Singapore’s most famous shopping street, is being reimagined as a lifestyle and cultural destination centred around four distinct precincts — Tanglin, Orchard, Somerset, and Dhoby Ghaut. As part of a 6km green corridor plan, new pedestrian-friendly boulevards will connect the district to the Singapore Botanic Gardens (a UNESCO World Heritage Site since 2015), Istana Park, Fort Canning Park, and the Singapore River, weaving nature, culture, and commerce into one seamless experience.
Singapore’s urban story continues to unfold, with the URA’s Draft Master Plan 2025 unveiled on June 25. With a front-row seat to these transformations, EdgeProp Singapore will continue to report with real-time analytics, historical insights, and deep industry perspectives
Charting Singapore’s urban evolution: A story still being written
When The Edge Singapore was launched in March 2002, Marina Bay was little more than a 360-ha stretch of reclaimed land. Today, it is home to Singapore’s most iconic skyline — from the Marina Bay Sands Integrated Resort to the waterfront promenade, Helix Bridge and Gardens by the Bay.
For over two decades, our property section — from City & Country to EdgeProp Singapore — has chronicled the rise of landmark precincts and tracked the policies, people, and developments shaping our built environment.
Over two decades ago, Marina Bay set the tone for transformation. Envisioned as Singapore’s New Downtown, it marked the launch of its first residential development, The Sail @ Marina Bay, in late 2004, followed by the mixed-use development Marina Bay Financial, with a trio of Grade-A office towers flanked by luxury residences, Marina Bay Residences and Marina Bay Suites.
The evolution continues with the upcoming launch of W Residences Marina View in the Marina View precinct, fronting Shenton Way. Meanwhile, Marina South is poised to be the next chapter, beginning with the launch of One Marina Gardens in April 2025.
Sentosa Cove, too, has become a global benchmark for luxury waterfront living, with over 350 seafront bungalows, nearly 1,800 condos, and an international population drawn to its resort-style lifestyle.
Across the island, new-generation precincts have emerged — each purpose-built to anchor Singapore’s future economy. One-north has become a thriving hub for biomedical sciences, tech and media. Punggol Digital District leads the way in smart living and digital innovation, seamlessly integrating work, study and home life.
In the west, Jurong Lake District is rising as Singapore’s second CBD, while Jurong Innovation District positions the region as a centre for advanced manufacturing.
In the east, Paya Lebar Central has emerged as a vibrant commercial centre, anchored by integrated developments like Paya Lebar Quarter. Ahead of the 2025 General Election, the government launched the “East Side, Best Side” East Coast Plan website — with an interactive map showcasing upgraded amenities and ongoing community improvements across different areas.
Orchard Road, Singapore’s most famous shopping street, is being reimagined as a lifestyle and cultural destination centred around four distinct precincts — Tanglin, Orchard, Somerset, and Dhoby Ghaut. As part of a 6km green corridor plan, new pedestrian-friendly boulevards will connect the district to the Singapore Botanic Gardens (a UNESCO World Heritage Site since 2015), Istana Park, Fort Canning Park, and the Singapore River, weaving nature, culture, and commerce into one seamless experience.
Singapore’s urban story continues to unfold, with the URA’s Draft Master Plan 2025 unveiled on June 25. With a front-row seat to these transformations, EdgeProp Singapore will continue to report with real-time analytics, historical insights, and deep industry perspectives
CEO Foreword
Singapore turns 60 — and like many 60-year-olds we know, it’s just getting started.
What began as a resource-scarce island nation has grown into a globally renowned hub for trade, finance, technology, and innovation. Over the decades, Singapore’s economy has constantly reshaped itself — by choice or by necessity — evolving from labour-intensive industries to knowledge-driven sectors, from physical infrastructure to digital ecosystems. Each shift has brought new demands on our workforce, our businesses, and our society.
Through it all, one thing has remained constant: the quiet strength of the private sector. Homegrown brands and multinational players alike have risen to the occasion to accelerate Singapore’s progress on the world stage. Their stories are not just about commercial success. They are stories of grit, transformation, and belief in a better future for Singapore.
At The Edge Singapore, we’ve had the privilege of witnessing and chronicling this journey from the front row. We’ve connected markets, educated investors, and helped decision-makers navigate change. We help readers see the overall big picture, without missing the small but important stuff. In a time when false information and AI-generated content make it harder to know what’s real, our responsibility has only grown. Truth is no longer just a virtue. It is an anchor. And for us, a non-negotiable.
This SG60 special brings together the voices and stories of Singapore’s most enduring and forward-thinking brands. These companies didn’t just respond to change — they helped lead it. Their stories reflect Singapore’s journey and point to its future.
To all the builders, thinkers, and doers shaping the economic future — we salute you.
And to Singapore: congratulations on 60 years of bold ideas, steady leadership, and shared progress. The best stories, we believe, are still ahead.
Bernard Tong
The Edge Singapore CEO
Singapore turns 60 — and like many 60-year-olds we know, it’s just getting started.
What began as a resource-scarce island nation has grown into a globally renowned hub for trade, finance, technology, and innovation. Over the decades, Singapore’s economy has constantly reshaped itself — by choice or by necessity — evolving from labour-intensive industries to knowledge-driven sectors, from physical infrastructure to digital ecosystems. Each shift has brought new demands on our workforce, our businesses, and our society.
Through it all, one thing has remained constant: the quiet strength of the private sector. Homegrown brands and multinational players alike have risen to the occasion to accelerate Singapore’s progress on the world stage. Their stories are not just about commercial success. They are stories of grit, transformation, and belief in a better future for Singapore.
At The Edge Singapore, we’ve had the privilege of witnessing and chronicling this journey from the front row. We’ve connected markets, educated investors, and helped decision-makers navigate change. We help readers see the overall big picture, without missing the small but important stuff. In a time when false information and AI-generated content make it harder to know what’s real, our responsibility has only grown. Truth is no longer just a virtue. It is an anchor. And for us, a non-negotiable.
This SG60 special brings together the voices and stories of Singapore’s most enduring and forward-thinking brands. These companies didn’t just respond to change — they helped lead it. Their stories reflect Singapore’s journey and point to its future.
To all the builders, thinkers, and doers shaping the economic future — we salute you.
And to Singapore: congratulations on 60 years of bold ideas, steady leadership, and shared progress. The best stories, we believe, are still ahead.
Foreword
I am delighted that The Edge is publishing a commemorative volume for the 60th anniversary of Singapore.
Singapore went through a transformative sixty years, more so than any other sixty years of its modern history. There was a transformation in political identity, in people, in economic structure and in the ideas undergirding who it was. The world surrounding it changed in technology and in the context of global powers. The rise of China will continue to affect the next sixty years.
Sixty years ago, Singapore had a demographic dividend of young people. The future will see an aging population.
However, we now have young leaders and we must thank the leadership of the last sixty in laying the foundation for what is to come.
I congratulate The Edge for putting in record the last sixty years so that we can benefit from the past. It is said that we travel forward best if we know where we have come from.
May the people of Singapore, now increasingly non-Singapore born, take up the challenge.
Emeritus Professor Lee Soo Ann
Department of Economics National University of Singapore
I am delighted that The Edge is publishing a commemorative volume for the 60th anniversary of Singapore.
Singapore went through a transformative sixty years, more so than any other sixty years of its modern history. There was a transformation in political identity, in people, in economic structure and in the ideas undergirding who it was. The world surrounding it changed in technology and in the context of global powers. The rise of China will continue to affect the next sixty years.
Sixty years ago, Singapore had a demographic dividend of young people. The future will see an aging population.
However, we now have young leaders and we must thank the leadership of the last sixty in laying the foundation for what is to come.
I congratulate The Edge for putting in record the last sixty years so that we can benefit from the past. It is said that we travel forward best if we know where we have come from.
May the people of Singapore, now increasingly non-Singapore born, take up the challenge.
Congratulatory Messages
Singapore’s financial sector has played a key role in the nation’s economic progress over the decades. Sound regulation, resilient market infrastructure and a dynamic competitive financial industry have underpinned the growth of Singapore as an international financial hub.
The Monetary Authority of Singapore (MAS) continues to work closely with industry and government partners to build a trusted, resilient, and forward-looking financial system. Our role as Singapore’s central bank and integrated regulator has been guided by a clear focus on stability, integrity, and long-term value creation.
Today, the financial sector continues to evolve - embracing innovation, sustainability and inclusion. It is actively financing the transition to a low-carbon economy, supporting digital transformation, and ensuring that individuals and businesses have access to quality financial services.
As we look ahead, MAS remains committed to working in partnership with stakeholders to ensure the financial sector remains a strong pillar of Singapore’s economy. Together, we can continue to build a system that supports the transition and transformation of the economy and the needs of society.
I commend The Edge for this SG60 publication, which shines a spotlight on the institutions and enterprises that have contributed to Singapore’s economic journey. Happy 60th, Singapore! May this milestone inspire continued excellence and partnership as we look ahead to the future.
Chia Der Jiun
Managing Director Monetary Authority of Singapore
Singapore’s financial sector has played a key role in the nation’s economic progress over the decades. Sound regulation, resilient market infrastructure and a dynamic competitive financial industry have underpinned the growth of Singapore as an international financial hub.
The Monetary Authority of Singapore (MAS) continues to work closely with industry and government partners to build a trusted, resilient, and forward-looking financial system. Our role as Singapore’s central bank and integrated regulator has been guided by a clear focus on stability, integrity, and long-term value creation.
Today, the financial sector continues to evolve - embracing innovation, sustainability and inclusion. It is actively financing the transition to a low-carbon economy, supporting digital transformation, and ensuring that individuals and businesses have access to quality financial services.
As we look ahead, MAS remains committed to working in partnership with stakeholders to ensure the financial sector remains a strong pillar of Singapore’s economy. Together, we can continue to build a system that supports the transition and transformation of the economy and the needs of society.
I commend The Edge for this SG60 publication, which shines a spotlight on the institutions and enterprises that have contributed to Singapore’s economic journey. Happy 60th, Singapore! May this milestone inspire continued excellence and partnership as we look ahead to the future.
Congratulatory Messages
Singapore’s vibrant and diverse business community has made significant contributions to our economic development and success as a nation. Our companies have created good jobs, generated economic prosperity and improved the lives of Singaporeans. Their activities across key sectors including manufacturing, services and trade have boosted Singapore’s position as a trusted hub for global business, innovation and talent.
This book by The Edge to celebrate the different companies that have undergone transformation, embraced innovation and made an impact on their industries and the economy is timely, as we reflect on 60 years of nationhood and growth in Singapore. Their stories will hopefully provide ideas and inspiration to readers, as we collectively navigate an evolving and uncertain global environment, along with rapid technological change.
EDB is committed to being a strong partner to companies here, so they can stay competitive and seize new opportunities. We will work closely with government agencies and partners to help existing industry players to transform, drive innovation and entrepreneurship, develop local talent and leadership with skills for the future, and deepen the local ecosystem and regional collaborations so that companies can be more agile and competitive.
The world is changing but EDB’s priorities remain – to ensure that investments bring lasting benefits to Singapore by growing our economy, and creating good jobs and opportunities for Singaporeans. We look forward to continuing our partnership with the business community in Singapore and our fellow Singaporeans to develop robust industries, and shape a strong and resilient future.
Happy 60th, Singapore!
Jermaine Loy
Managing Director Singapore Economic Development Board
Singapore’s vibrant and diverse business community has made significant contributions to our economic development and success as a nation. Our companies have created good jobs, generated economic prosperity and improved the lives of Singaporeans. Their activities across key sectors including manufacturing, services and trade have boosted Singapore’s position as a trusted hub for global business, innovation and talent.
This book by The Edge to celebrate the different companies that have undergone transformation, embraced innovation and made an impact on their industries and the economy is timely, as we reflect on 60 years of nationhood and growth in Singapore. Their stories will hopefully provide ideas and inspiration to readers, as we collectively navigate an evolving and uncertain global environment, along with rapid technological change.
EDB is committed to being a strong partner to companies here, so they can stay competitive and seize new opportunities. We will work closely with government agencies and partners to help existing industry players to transform, drive innovation and entrepreneurship, develop local talent and leadership with skills for the future, and deepen the local ecosystem and regional collaborations so that companies can be more agile and competitive.
The world is changing but EDB’s priorities remain – to ensure that investments bring lasting benefits to Singapore by growing our economy, and creating good jobs and opportunities for Singaporeans. We look forward to continuing our partnership with the business community in Singapore and our fellow Singaporeans to develop robust industries, and shape a strong and resilient future.
Happy 60th, Singapore!
Congratulatory Messages
Happy 60th, Singapore.
Our journey of transformation and growth over the past six decades has been remarkable; from our humble beginnings, Singapore has evolved to become the vibrant global hub we are today.
This is a testament to the strength and gumption of our local enterprises, without whom Singapore's success would not have been possible. They are the backbone of our economy and embody the indomitable spirit that has allowed Singapore to thrive all these years. It is a timely opportunity to celebrate and honour all they have achieved.
However, we must never rest on our laurels. We are presently at a new inflection point, and Singapore must hold its own amid a changing world order. Our businesses must again, be steadfast in the face of uncertainty and be adaptable to seek new growth opportunities. They need to seek new ways to increase their productivity and achieve cost savings, such as by adopting new technologies and upskilling their workforce; pursue internationalisation efforts to diversify their revenue streams or supply chains, which is especially important during this period of flux; and champion innovation to develop new products and services.
Cindy Khoo
Managing Director Enterprise Singapore
Happy 60th, Singapore.
Our journey of transformation and growth over the past six decades has been remarkable; from our humble beginnings, Singapore has evolved to become the vibrant global hub we are today.
This is a testament to the strength and gumption of our local enterprises, without whom Singapore's success would not have been possible. They are the backbone of our economy and embody the indomitable spirit that has allowed Singapore to thrive all these years. It is a timely opportunity to celebrate and honour all they have achieved.
However, we must never rest on our laurels. We are presently at a new inflection point, and Singapore must hold its own amid a changing world order. Our businesses must again, be steadfast in the face of uncertainty and be adaptable to seek new growth opportunities. They need to seek new ways to increase their productivity and achieve cost savings, such as by adopting new technologies and upskilling their workforce; pursue internationalisation efforts to diversify their revenue streams or supply chains, which is especially important during this period of flux; and champion innovation to develop new products and services.
Congratulatory Messages
On the momentous occasion of Singapore’s 60th year of independence, I extend my warmest congratulations to all Singaporeans and heartfelt birthday wishes from the Singapore Indian Chamber of Commerce and Industry (SICCI).
As SICCI celebrates its milestone—101 years of service—we are proud to have been an integral part of Singapore’s economic journey. Since 1924, SICCI has served as a vital bridge between the Indian business community and the broader Singapore economy, a role we honour with deep responsibility and pride.
Singapore’s remarkable transformation over six decades—from a small trading port to a world-class hub of commerce and innovation—is a story of resilience, unity, and visionary leadership. It is also a timely moment to reflect on the critical role of trade associations and chambers of commerce in this national progress. Chambers like SICCI have long supported small and medium enterprises (SMEs) in upskilling, digital transformation, and accessing government support, ensuring competitiveness in a rapidly changing world.
Today, we continue to empower our members by facilitating training, fostering innovation, and strengthening international trade partnerships. Entrepreneurship, collaboration, and adaptability are the cornerstones of Singapore’s continued success.
SICCI reaffirms its commitment to working closely with government and industry partners to shape Singapore’s next growth phase. With unity, resilience, and shared purpose, we are confident that the next chapter will be even more remarkable.
Happy 60th Birthday, Singapore. May we continue to thrive, lead, and inspire for future generations.
Mr Neil Parekh
Chairman, Singapore Indian Chamber of Commerce and Industry (SICCI)
On the momentous occasion of Singapore’s 60th year of independence, I extend my warmest congratulations to all Singaporeans and heartfelt birthday wishes from the Singapore Indian Chamber of Commerce and Industry (SICCI).
As SICCI celebrates its milestone—101 years of service—we are proud to have been an integral part of Singapore’s economic journey. Since 1924, SICCI has served as a vital bridge between the Indian business community and the broader Singapore economy, a role we honour with deep responsibility and pride.
Singapore’s remarkable transformation over six decades—from a small trading port to a world-class hub of commerce and innovation—is a story of resilience, unity, and visionary leadership. It is also a timely moment to reflect on the critical role of trade associations and chambers of commerce in this national progress. Chambers like SICCI have long supported small and medium enterprises (SMEs) in upskilling, digital transformation, and accessing government support, ensuring competitiveness in a rapidly changing world.
Today, we continue to empower our members by facilitating training, fostering innovation, and strengthening international trade partnerships. Entrepreneurship, collaboration, and adaptability are the cornerstones of Singapore’s continued success.
SICCI reaffirms its commitment to working closely with government and industry partners to shape Singapore’s next growth phase. With unity, resilience, and shared purpose, we are confident that the next chapter will be even more remarkable.
Happy 60th Birthday, Singapore. May we continue to thrive, lead, and inspire for future generations.
Congratulatory Messages
Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
Casey Mace
Chargé d’Affaires United States Embassy in Singapore
Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
The Edge Singapore Foreword
Remaking Singapore, one story at a time
The Edge Singapore, as a publication, does not quite have the same vintage as SG60 — but we are nearly halfway there. Launched in 2002, we have made our mark with our coverage of Singapore’s business and economic news.
The cover story of our launch issue back in March 2002, with the headline “Remaking Singapore Inc”, aptly defined how Singapore’s business landscape needed to evolve. Back then, Singapore’s very internationalised economy was trying to cope with the fallout from the 2001 global shock from the 9/11 attacks. It was also a time when regional competition was getting tougher — but also when overseas business opportunities were richer.
Over the years, we have been expanding on this theme by telling the stories of the various companies that you will read about in this book you are now holding — how they are finding ways to adapt and grow by identifying and riding on new trends and themes.
Mapletree Investments, for example, was a newly restructured entity spun off from PSA. Over the years, we have tracked how Mapletree, under the leadership of group CEO Hiew Yoon Khong, has grown from strength to strength. Tapping on its home base, it expanded steadily into literally all over the world. It spun off numerous REITs, creating a new level of liveliness to the local stock market.
There is also CapitaLand. When The Edge Singapore first started writing about this real estate giant, it was very much a traditional developer and owner of commercial and residential properties — not just in Singapore but especially in overseas markets such as China. Yet, CapitaLand was steadily transforming itself into a real estate manager with a steadier and more sustainable income profile.
Numerous more notable local companies are featured in this book too. They range from key government-linked businesses such as Surbana Jurong, to homegrown stalwarts of their respective industries such as Koh Brothers. They belong to fast-moving financial services like PhillipCapital and iFast Corp, as well as traditional but ever-popular home-grown brands such as Old Chang Kee.
Together, these companies have all played a part in how Singapore’s economy as a whole has evolved and grown. The Edge Singapore is proud to do our part covering their journey — thus far and for years to come.
Remaking Singapore, one story at a time
The Edge Singapore, as a publication, does not quite have the same vintage as SG60 — but we are nearly halfway there. Launched in 2002, we have made our mark with our coverage of Singapore’s business and economic news.
The cover story of our launch issue back in March 2002, with the headline “Remaking Singapore Inc”, aptly defined how Singapore’s business landscape needed to evolve. Back then, Singapore’s very internationalised economy was trying to cope with the fallout from the 2001 global shock from the 9/11 attacks. It was also a time when regional competition was getting tougher — but also when overseas business opportunities were richer.
Over the years, we have been expanding on this theme by telling the stories of the various companies that you will read about in this book you are now holding — how they are finding ways to adapt and grow by identifying and riding on new trends and themes.
Mapletree Investments, for example, was a newly restructured entity spun off from PSA. Over the years, we have tracked how Mapletree, under the leadership of group CEO Hiew Yoon Khong, has grown from strength to strength. Tapping on its home base, it expanded steadily into literally all over the world. It spun off numerous REITs, creating a new level of liveliness to the local stock market.
There is also CapitaLand. When The Edge Singapore first started writing about this real estate giant, it was very much a traditional developer and owner of commercial and residential properties — not just in Singapore but especially in overseas markets such as China. Yet, CapitaLand was steadily transforming itself into a real estate manager with a steadier and more sustainable income profile.
Numerous more notable local companies are featured in this book too. They range from key government-linked businesses such as Surbana Jurong, to homegrown stalwarts of their respective industries such as Koh Brothers. They belong to fast-moving financial services like PhillipCapital and iFast Corp, as well as traditional but ever-popular home-grown brands such as Old Chang Kee.
Together, these companies have all played a part in how Singapore’s economy as a whole has evolved and grown. The Edge Singapore is proud to do our part covering their journey — thus far and for years to come.
The Edge Property Foreword
Charting Singapore’s urban evolution: A story still being written
When The Edge Singapore was launched in March 2002, Marina Bay was little more than a 360-ha stretch of reclaimed land. Today, it is home to Singapore’s most iconic skyline — from the Marina Bay Sands Integrated Resort to the waterfront promenade, Helix Bridge and Gardens by the Bay.
For over two decades, our property section — from City & Country to EdgeProp Singapore — has chronicled the rise of landmark precincts and tracked the policies, people, and developments shaping our built environment.
Over two decades ago, Marina Bay set the tone for transformation. Envisioned as Singapore’s New Downtown, it marked the launch of its first residential development, The Sail @ Marina Bay, in late 2004, followed by the mixed-use development Marina Bay Financial, with a trio of Grade-A office towers flanked by luxury residences, Marina Bay Residences and Marina Bay Suites.
The evolution continues with the upcoming launch of W Residences Marina View in the Marina View precinct, fronting Shenton Way. Meanwhile, Marina South is poised to be the next chapter, beginning with the launch of One Marina Gardens in April 2025.
Sentosa Cove, too, has become a global benchmark for luxury waterfront living, with over 350 seafront bungalows, nearly 1,800 condos, and an international population drawn to its resort-style lifestyle.
Across the island, new-generation precincts have emerged — each purpose-built to anchor Singapore’s future economy. One-north has become a thriving hub for biomedical sciences, tech and media. Punggol Digital District leads the way in smart living and digital innovation, seamlessly integrating work, study and home life.
In the west, Jurong Lake District is rising as Singapore’s second CBD, while Jurong Innovation District positions the region as a centre for advanced manufacturing.
In the east, Paya Lebar Central has emerged as a vibrant commercial centre, anchored by integrated developments like Paya Lebar Quarter. Ahead of the 2025 General Election, the government launched the “East Side, Best Side” East Coast Plan website — with an interactive map showcasing upgraded amenities and ongoing community improvements across different areas.
Orchard Road, Singapore’s most famous shopping street, is being reimagined as a lifestyle and cultural destination centred around four distinct precincts — Tanglin, Orchard, Somerset, and Dhoby Ghaut. As part of a 6km green corridor plan, new pedestrian-friendly boulevards will connect the district to the Singapore Botanic Gardens (a UNESCO World Heritage Site since 2015), Istana Park, Fort Canning Park, and the Singapore River, weaving nature, culture, and commerce into one seamless experience.
Singapore’s urban story continues to unfold, with the URA’s Draft Master Plan 2025 unveiled on June 25. With a front-row seat to these transformations, EdgeProp Singapore will continue to report with real-time analytics, historical insights, and deep industry perspectives
Charting Singapore’s urban evolution: A story still being written
When The Edge Singapore was launched in March 2002, Marina Bay was little more than a 360-ha stretch of reclaimed land. Today, it is home to Singapore’s most iconic skyline — from the Marina Bay Sands Integrated Resort to the waterfront promenade, Helix Bridge and Gardens by the Bay.
For over two decades, our property section — from City & Country to EdgeProp Singapore — has chronicled the rise of landmark precincts and tracked the policies, people, and developments shaping our built environment.
Over two decades ago, Marina Bay set the tone for transformation. Envisioned as Singapore’s New Downtown, it marked the launch of its first residential development, The Sail @ Marina Bay, in late 2004, followed by the mixed-use development Marina Bay Financial, with a trio of Grade-A office towers flanked by luxury residences, Marina Bay Residences and Marina Bay Suites.
The evolution continues with the upcoming launch of W Residences Marina View in the Marina View precinct, fronting Shenton Way. Meanwhile, Marina South is poised to be the next chapter, beginning with the launch of One Marina Gardens in April 2025.
Sentosa Cove, too, has become a global benchmark for luxury waterfront living, with over 350 seafront bungalows, nearly 1,800 condos, and an international population drawn to its resort-style lifestyle.
Across the island, new-generation precincts have emerged — each purpose-built to anchor Singapore’s future economy. One-north has become a thriving hub for biomedical sciences, tech and media. Punggol Digital District leads the way in smart living and digital innovation, seamlessly integrating work, study and home life.
In the west, Jurong Lake District is rising as Singapore’s second CBD, while Jurong Innovation District positions the region as a centre for advanced manufacturing.
In the east, Paya Lebar Central has emerged as a vibrant commercial centre, anchored by integrated developments like Paya Lebar Quarter. Ahead of the 2025 General Election, the government launched the “East Side, Best Side” East Coast Plan website — with an interactive map showcasing upgraded amenities and ongoing community improvements across different areas.
Orchard Road, Singapore’s most famous shopping street, is being reimagined as a lifestyle and cultural destination centred around four distinct precincts — Tanglin, Orchard, Somerset, and Dhoby Ghaut. As part of a 6km green corridor plan, new pedestrian-friendly boulevards will connect the district to the Singapore Botanic Gardens (a UNESCO World Heritage Site since 2015), Istana Park, Fort Canning Park, and the Singapore River, weaving nature, culture, and commerce into one seamless experience.
Singapore’s urban story continues to unfold, with the URA’s Draft Master Plan 2025 unveiled on June 25. With a front-row seat to these transformations, EdgeProp Singapore will continue to report with real-time analytics, historical insights, and deep industry perspectives
CEO Foreword
Singapore turns 60 — and like many 60-year-olds we know, it’s just getting started.
What began as a resource-scarce island nation has grown into a globally renowned hub for trade, finance, technology, and innovation. Over the decades, Singapore’s economy has constantly reshaped itself — by choice or by necessity — evolving from labour-intensive industries to knowledge-driven sectors, from physical infrastructure to digital ecosystems. Each shift has brought new demands on our workforce, our businesses, and our society.
Through it all, one thing has remained constant: the quiet strength of the private sector. Homegrown brands and multinational players alike have risen to the occasion to accelerate Singapore’s progress on the world stage. Their stories are not just about commercial success. They are stories of grit, transformation, and belief in a better future for Singapore.
At The Edge Singapore, we’ve had the privilege of witnessing and chronicling this journey from the front row. We’ve connected markets, educated investors, and helped decision-makers navigate change. We help readers see the overall big picture, without missing the small but important stuff. In a time when false information and AI-generated content make it harder to know what’s real, our responsibility has only grown. Truth is no longer just a virtue. It is an anchor. And for us, a non-negotiable.
This SG60 special brings together the voices and stories of Singapore’s most enduring and forward-thinking brands. These companies didn’t just respond to change — they helped lead it. Their stories reflect Singapore’s journey and point to its future.
To all the builders, thinkers, and doers shaping the economic future — we salute you.
And to Singapore: congratulations on 60 years of bold ideas, steady leadership, and shared progress. The best stories, we believe, are still ahead.
Bernard Tong
The Edge Singapore CEO
Singapore turns 60 — and like many 60-year-olds we know, it’s just getting started.
What began as a resource-scarce island nation has grown into a globally renowned hub for trade, finance, technology, and innovation. Over the decades, Singapore’s economy has constantly reshaped itself — by choice or by necessity — evolving from labour-intensive industries to knowledge-driven sectors, from physical infrastructure to digital ecosystems. Each shift has brought new demands on our workforce, our businesses, and our society.
Through it all, one thing has remained constant: the quiet strength of the private sector. Homegrown brands and multinational players alike have risen to the occasion to accelerate Singapore’s progress on the world stage. Their stories are not just about commercial success. They are stories of grit, transformation, and belief in a better future for Singapore.
At The Edge Singapore, we’ve had the privilege of witnessing and chronicling this journey from the front row. We’ve connected markets, educated investors, and helped decision-makers navigate change. We help readers see the overall big picture, without missing the small but important stuff. In a time when false information and AI-generated content make it harder to know what’s real, our responsibility has only grown. Truth is no longer just a virtue. It is an anchor. And for us, a non-negotiable.
This SG60 special brings together the voices and stories of Singapore’s most enduring and forward-thinking brands. These companies didn’t just respond to change — they helped lead it. Their stories reflect Singapore’s journey and point to its future.
To all the builders, thinkers, and doers shaping the economic future — we salute you.
And to Singapore: congratulations on 60 years of bold ideas, steady leadership, and shared progress. The best stories, we believe, are still ahead.
Foreword
I am delighted that The Edge is publishing a commemorative volume for the 60th anniversary of Singapore.
Singapore went through a transformative sixty years, more so than any other sixty years of its modern history. There was a transformation in political identity, in people, in economic structure and in the ideas undergirding who it was. The world surrounding it changed in technology and in the context of global powers. The rise of China will continue to affect the next sixty years.
Sixty years ago, Singapore had a demographic dividend of young people. The future will see an aging population.
However, we now have young leaders and we must thank the leadership of the last sixty in laying the foundation for what is to come.
I congratulate The Edge for putting in record the last sixty years so that we can benefit from the past. It is said that we travel forward best if we know where we have come from.
May the people of Singapore, now increasingly non-Singapore born, take up the challenge.
Emeritus Professor Lee Soo Ann
Department of Economics National University of Singapore
I am delighted that The Edge is publishing a commemorative volume for the 60th anniversary of Singapore.
Singapore went through a transformative sixty years, more so than any other sixty years of its modern history. There was a transformation in political identity, in people, in economic structure and in the ideas undergirding who it was. The world surrounding it changed in technology and in the context of global powers. The rise of China will continue to affect the next sixty years.
Sixty years ago, Singapore had a demographic dividend of young people. The future will see an aging population.
However, we now have young leaders and we must thank the leadership of the last sixty in laying the foundation for what is to come.
I congratulate The Edge for putting in record the last sixty years so that we can benefit from the past. It is said that we travel forward best if we know where we have come from.
May the people of Singapore, now increasingly non-Singapore born, take up the challenge.
Congratulatory Messages
Singapore’s financial sector has played a key role in the nation’s economic progress over the decades. Sound regulation, resilient market infrastructure and a dynamic competitive financial industry have underpinned the growth of Singapore as an international financial hub.
The Monetary Authority of Singapore (MAS) continues to work closely with industry and government partners to build a trusted, resilient, and forward-looking financial system. Our role as Singapore’s central bank and integrated regulator has been guided by a clear focus on stability, integrity, and long-term value creation.
Today, the financial sector continues to evolve - embracing innovation, sustainability and inclusion. It is actively financing the transition to a low-carbon economy, supporting digital transformation, and ensuring that individuals and businesses have access to quality financial services.
As we look ahead, MAS remains committed to working in partnership with stakeholders to ensure the financial sector remains a strong pillar of Singapore’s economy. Together, we can continue to build a system that supports the transition and transformation of the economy and the needs of society.
I commend The Edge for this SG60 publication, which shines a spotlight on the institutions and enterprises that have contributed to Singapore’s economic journey. Happy 60th, Singapore! May this milestone inspire continued excellence and partnership as we look ahead to the future.
Chia Der Jiun
Managing Director Monetary Authority of Singapore
Singapore’s financial sector has played a key role in the nation’s economic progress over the decades. Sound regulation, resilient market infrastructure and a dynamic competitive financial industry have underpinned the growth of Singapore as an international financial hub.
The Monetary Authority of Singapore (MAS) continues to work closely with industry and government partners to build a trusted, resilient, and forward-looking financial system. Our role as Singapore’s central bank and integrated regulator has been guided by a clear focus on stability, integrity, and long-term value creation.
Today, the financial sector continues to evolve - embracing innovation, sustainability and inclusion. It is actively financing the transition to a low-carbon economy, supporting digital transformation, and ensuring that individuals and businesses have access to quality financial services.
As we look ahead, MAS remains committed to working in partnership with stakeholders to ensure the financial sector remains a strong pillar of Singapore’s economy. Together, we can continue to build a system that supports the transition and transformation of the economy and the needs of society.
I commend The Edge for this SG60 publication, which shines a spotlight on the institutions and enterprises that have contributed to Singapore’s economic journey. Happy 60th, Singapore! May this milestone inspire continued excellence and partnership as we look ahead to the future.
Congratulatory Messages
Singapore’s vibrant and diverse business community has made significant contributions to our economic development and success as a nation. Our companies have created good jobs, generated economic prosperity and improved the lives of Singaporeans. Their activities across key sectors including manufacturing, services and trade have boosted Singapore’s position as a trusted hub for global business, innovation and talent.
This book by The Edge to celebrate the different companies that have undergone transformation, embraced innovation and made an impact on their industries and the economy is timely, as we reflect on 60 years of nationhood and growth in Singapore. Their stories will hopefully provide ideas and inspiration to readers, as we collectively navigate an evolving and uncertain global environment, along with rapid technological change.
EDB is committed to being a strong partner to companies here, so they can stay competitive and seize new opportunities. We will work closely with government agencies and partners to help existing industry players to transform, drive innovation and entrepreneurship, develop local talent and leadership with skills for the future, and deepen the local ecosystem and regional collaborations so that companies can be more agile and competitive.
The world is changing but EDB’s priorities remain – to ensure that investments bring lasting benefits to Singapore by growing our economy, and creating good jobs and opportunities for Singaporeans. We look forward to continuing our partnership with the business community in Singapore and our fellow Singaporeans to develop robust industries, and shape a strong and resilient future.
Happy 60th, Singapore!
Jermaine Loy
Managing Director Singapore Economic Development Board
Singapore’s vibrant and diverse business community has made significant contributions to our economic development and success as a nation. Our companies have created good jobs, generated economic prosperity and improved the lives of Singaporeans. Their activities across key sectors including manufacturing, services and trade have boosted Singapore’s position as a trusted hub for global business, innovation and talent.
This book by The Edge to celebrate the different companies that have undergone transformation, embraced innovation and made an impact on their industries and the economy is timely, as we reflect on 60 years of nationhood and growth in Singapore. Their stories will hopefully provide ideas and inspiration to readers, as we collectively navigate an evolving and uncertain global environment, along with rapid technological change.
EDB is committed to being a strong partner to companies here, so they can stay competitive and seize new opportunities. We will work closely with government agencies and partners to help existing industry players to transform, drive innovation and entrepreneurship, develop local talent and leadership with skills for the future, and deepen the local ecosystem and regional collaborations so that companies can be more agile and competitive.
The world is changing but EDB’s priorities remain – to ensure that investments bring lasting benefits to Singapore by growing our economy, and creating good jobs and opportunities for Singaporeans. We look forward to continuing our partnership with the business community in Singapore and our fellow Singaporeans to develop robust industries, and shape a strong and resilient future.
Happy 60th, Singapore!
Congratulatory Messages
Happy 60th, Singapore.
Our journey of transformation and growth over the past six decades has been remarkable; from our humble beginnings, Singapore has evolved to become the vibrant global hub we are today.
This is a testament to the strength and gumption of our local enterprises, without whom Singapore's success would not have been possible. They are the backbone of our economy and embody the indomitable spirit that has allowed Singapore to thrive all these years. It is a timely opportunity to celebrate and honour all they have achieved.
However, we must never rest on our laurels. We are presently at a new inflection point, and Singapore must hold its own amid a changing world order. Our businesses must again, be steadfast in the face of uncertainty and be adaptable to seek new growth opportunities. They need to seek new ways to increase their productivity and achieve cost savings, such as by adopting new technologies and upskilling their workforce; pursue internationalisation efforts to diversify their revenue streams or supply chains, which is especially important during this period of flux; and champion innovation to develop new products and services.
Cindy Khoo
Managing Director Enterprise Singapore
Happy 60th, Singapore.
Our journey of transformation and growth over the past six decades has been remarkable; from our humble beginnings, Singapore has evolved to become the vibrant global hub we are today.
This is a testament to the strength and gumption of our local enterprises, without whom Singapore's success would not have been possible. They are the backbone of our economy and embody the indomitable spirit that has allowed Singapore to thrive all these years. It is a timely opportunity to celebrate and honour all they have achieved.
However, we must never rest on our laurels. We are presently at a new inflection point, and Singapore must hold its own amid a changing world order. Our businesses must again, be steadfast in the face of uncertainty and be adaptable to seek new growth opportunities. They need to seek new ways to increase their productivity and achieve cost savings, such as by adopting new technologies and upskilling their workforce; pursue internationalisation efforts to diversify their revenue streams or supply chains, which is especially important during this period of flux; and champion innovation to develop new products and services.
Congratulatory Messages
On the momentous occasion of Singapore’s 60th year of independence, I extend my warmest congratulations to all Singaporeans and heartfelt birthday wishes from the Singapore Indian Chamber of Commerce and Industry (SICCI).
As SICCI celebrates its milestone—101 years of service—we are proud to have been an integral part of Singapore’s economic journey. Since 1924, SICCI has served as a vital bridge between the Indian business community and the broader Singapore economy, a role we honour with deep responsibility and pride.
Singapore’s remarkable transformation over six decades—from a small trading port to a world-class hub of commerce and innovation—is a story of resilience, unity, and visionary leadership. It is also a timely moment to reflect on the critical role of trade associations and chambers of commerce in this national progress. Chambers like SICCI have long supported small and medium enterprises (SMEs) in upskilling, digital transformation, and accessing government support, ensuring competitiveness in a rapidly changing world.
Today, we continue to empower our members by facilitating training, fostering innovation, and strengthening international trade partnerships. Entrepreneurship, collaboration, and adaptability are the cornerstones of Singapore’s continued success.
SICCI reaffirms its commitment to working closely with government and industry partners to shape Singapore’s next growth phase. With unity, resilience, and shared purpose, we are confident that the next chapter will be even more remarkable.
Happy 60th Birthday, Singapore. May we continue to thrive, lead, and inspire for future generations.
Mr Neil Parekh
Chairman, Singapore Indian Chamber of Commerce and Industry (SICCI)
On the momentous occasion of Singapore’s 60th year of independence, I extend my warmest congratulations to all Singaporeans and heartfelt birthday wishes from the Singapore Indian Chamber of Commerce and Industry (SICCI).
As SICCI celebrates its milestone—101 years of service—we are proud to have been an integral part of Singapore’s economic journey. Since 1924, SICCI has served as a vital bridge between the Indian business community and the broader Singapore economy, a role we honour with deep responsibility and pride.
Singapore’s remarkable transformation over six decades—from a small trading port to a world-class hub of commerce and innovation—is a story of resilience, unity, and visionary leadership. It is also a timely moment to reflect on the critical role of trade associations and chambers of commerce in this national progress. Chambers like SICCI have long supported small and medium enterprises (SMEs) in upskilling, digital transformation, and accessing government support, ensuring competitiveness in a rapidly changing world.
Today, we continue to empower our members by facilitating training, fostering innovation, and strengthening international trade partnerships. Entrepreneurship, collaboration, and adaptability are the cornerstones of Singapore’s continued success.
SICCI reaffirms its commitment to working closely with government and industry partners to shape Singapore’s next growth phase. With unity, resilience, and shared purpose, we are confident that the next chapter will be even more remarkable.
Happy 60th Birthday, Singapore. May we continue to thrive, lead, and inspire for future generations.
Congratulatory Messages
Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
Casey Mace
Chargé d’Affaires United States Embassy in Singapore
Congratulations to Singapore on its 60th Year of Independence. On behalf of the United States, I extend my warmest congratulations to Singapore on this momentous occasion. This milestone is a testament to the remarkable journey and achievements of the Singaporean people, whose resilience and innovation have shaped a vibrant and prosperous nation.
Since Singapore’s earliest days of independence, the United States and Singapore have shared a deep and enduring friendship, built on strong security, economic, and people-to-people ties. Our strategic partnership has brought significant benefits to both our nations, contributing to our mutual security and prosperity.
Singapore stands as one of our strongest economic partners in the region, with bilateral trade in goods and services surpassing $130 billion in 2023, supporting hundreds of thousands of jobs in the United States and Singapore. Thousands of U.S. companies operate in Singapore, drawn by its strong rule of law, robust intellectual property protections, and well-developed infrastructure. The United States is proud to be the largest foreign investor in Singapore, with over $400 billion in direct investments.
Our security partnership is equally robust. Built on the 1990 Memorandum of Understanding, our defense relationship encompasses 13 bilateral and multinational exercises every year. Growing cooperation in advanced domains of warfare and the presence of approximately 1,000 Singapore Armed Forces personnel training in the United States underscore our close defense ties. The recent agreement for Singapore to purchase the F-35B aircraft further solidifies our air forces’ relationship for decades to come.
We share a comprehensive and productive law enforcement relationship, addressing critical issues such as counterterrorism, cybercrime, cyber scams, and non-proliferation. Our strong and growing partnership on cybersecurity, including a cyber dialogue, highlights our commitment to combating cyber threats and promoting resilience.
Meeting the challenges and opportunities of the future together, we are deepening our cooperation in forward-looking areas such as energy and critical and emerging technologies. We seek to ensure our partnership evolves and continues to bring lasting benefits to our peoples.
As we celebrate this significant milestone, we look forward to continuing the significant U.S.-SG friendship and cooperation.
Congratulations once again. Majulah Singapura!
Singapore's Six Decade Evolution
Looking forward
On 9 August 1966, Singapore marked its first National Day Parade at the Padang. A total of 23,000 participants from six contingents of the People’s Defence Force – then a volunteer reserve unit – marched alongside the Singapore Infantry Regiment, Naval Volunteer Reserves, police, fire brigade, school cadets, youth groups, and cultural troupes. Despite being only a year into independence, the country demonstrated strong civic organisation and national pride.
Throughout the late 1960s, Singapore laid the groundwork for a strong and capable defence force while also addressing domestic challenges, including racial riots and the urgent relocation of kampung dwellers into public housing – efforts accelerated by the Bukit Ho Swee fire in 1961. These formative years shaped Singapore’s early urban planning and social cohesion efforts.
By the 1970s, the Economic Development Board had made significant strides in attracting foreign direct investment. In its pivot from labour-intensive to capital-intensive and high-technology industries, Singapore established industrial training programmes to equip its workforce. The electronics and petroleum sectors emerged as key economic drivers, contributing to one of the fastest GDP growth rates in the developing world.
In the 1980s, the government introduced targeted policies to foster social integration and national identity. The Ethnic Integration Policy was implemented to prevent racial enclaves in HDB estates, and campaigns like the Sharity Elephant and Courtesy Lion were launched to promote civic values. National Day songs stirred patriotism among the youth, while the Mass Rapid Transit (MRT) system commenced operations with its first five stations, marking a new era in public transport infrastructure.
The 1990s witnessed robust infrastructural expansion, including the opening of Changi Airport Terminal 2 and Underwater World Singapore – then Asia’s largest oceanarium. Even amid the Asian Financial Crisis, which severely impacted the petrochemical and financial sectors, Singapore maintained fiscal discipline. The government deployed over $12 billion in off-budget stimulus packages and implemented CPF cuts and tax rebates to sustain corporate and economic activity.
In the 2000s, Singapore faced a series of global crises, including the SARS outbreak and the 2008 Global Financial Crisis. The government responded decisively by drawing $4.9 billion from national reserves – a historic first. These events underscored the importance of long-term resilience and strategic resource management. In 2002, NEWater was introduced at the National Day Parade, symbolising innovation in water sustainability and national preparedness.
The 2010s began with the opening of Singapore’s integrated resorts – Marina Bay Sands and Resorts World Sentosa – revitalising the tourism sector and generating over $22 billion in receipts by 2011. Jewel Changi Airport launched later in the decade, blending retail, nature, and aviation into a world-class facility. During this time, the government also embraced digitalisation across public services and infrastructure, a move that would prove prescient in preparing for the challenges of the COVID-19 pandemic.
Singapore’s rise as a global financial and industrial hub can be traced to the early establishment of sound financial governance under the Monetary Authority of Singapore. Robust monetary policy, a trusted Singapore dollar, and the Economic Development Board’s early investment strategies laid the foundation for future growth sectors. This alignment between public and private sectors defined Singapore’s economic trajectory.
Human capital continues to be the nation’s most valuable asset. Investments in education, upskilling, and lifelong learning initiatives – such as SkillsFuture – equip Singaporeans to thrive in emerging industries, from digital technology to sustainability. Global companies like Google and LinkedIn, along with local enterprises such as Shopee and Lazada, contribute to workforce development through training academies and innovation labs, while Enterprise Singapore supports SMEs in capability building.
Speaking at the World Economic Forum in 2025, President Tharman Shanmugaratnam underscored the importance of lifelong human development, stating: “The fact is, if you look across countries, what you do to develop human potential through life shapes how well people do in jobs... whether they end up feeling they've had a satisfactory career.”
As Singapore looks to the future, it stands on the shoulders of its past achievements. With a steadfast commitment to innovation, sustainability, and global partnership, and by investing in its people, the nation remains poised to write its next chapter – together with government, business, and society.
Industry Spotlights & Case Studies
Highlighting success stories of Singapore-built excellence.
The Pillars of Singapore's Economy
Private sector stories unfolding across three dynamic themes
Heritage Brands
Nation Builders
Innovators
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