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US firm sets up US$1.4m photonics innovation centre in Singapore

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US firm for photonics research has set their base of operations for Asia region in Singapore due to the huge demand by the clients in this region. This would help the local industry as this first in Asia photonics research will be able to groom young talents to boost the economy of our aspiring Smart Nation.

With this investment, it shows that Asia is still one of the best financial, research and technology hub. Attracting more foreign investors to come into Singapore. This would drive prices for the real estate in commercial and residential sectors.

Source: https://www.businesstimes.com.sg/technology/us-firm-sets-up-us14m-photonics-innovation-centre-in-singapore

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