Dutch equipment-maker VDL Group to hire 400 new staff in Singapore over five years
VDL Enabling Technologies Group — a Dutch firm that supplies key equipment parts to major semiconductor players — plans to hire 400 new staff in areas such as advanced manufacturing and supply chain management at its expanded Singapore facility over the next five years. It will also pump in S$100 million to grow its Singapore operations. With more space in its new building, it can produce 30% more, and aims to reach S$1 billion in revenue in the next few years. According to the Economic Development Board, Singapore's semiconductor sector makes up about 7% of its GDP and employs some 35,000 people. Nasyrah Rohim reports.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNA
2 hours ago
- CNA
Boeing president Brendan Nelson on US tariffs, China's aviation market
Boeing said it is operating in what it considers the most complex environment it's seen since World War II — from record demand for commercial jets and defence platforms, to strains in the supply chain, and geopolitical headwinds. President of Boeing Global, Mr Brendan Nelson, shared why he's still bullish on aviation, despite tariff threats. Roland Lim reports.
CNA
2 hours ago
- CNA
Health Minister Ong Ye Kung 'dismayed' at company's S$52,000 monthly rental bid for Tampines clinic
SINGAPORE: Health Minister Ong Ye Kung said he was "dismayed" at a healthcare company's S$52,188 monthly rental bid for a clinic in a Housing and Development Board (HDB) estate in Tampines. In a Facebook post on Wednesday night (Jun 4), Mr Ong said: "This must translate to higher cost of healthcare one way or another, and negate the effort of Ministry of Health, Singapore (MOH) to try to keep the cost of primary healthcare affordable. "More importantly, higher rental bids do not necessarily translate to the best healthcare that the community needs." The successful bid for the ground floor unit at Block 954C Tampines Street 96 by I-Health Medical Holdings in January has led to discussions online about rental fees and healthcare costs. The rental works out to over S$1,000 per sq m. NEW TENDER APPROACH He noted that MOH and HDB last month launched a new tender approach for general practitioner (GP) clinics at Bartley Beacon. In the new approach, quality of care will account for 70 per cent of the tender evaluation, and rental will make up 30 per cent. The unit is about 100 sq m – twice the size of normal clinics – and suited for clinics which intend to provide multi-disciplinary care and "try out new care models", he added. 'Through this Price-Quality evaluation Model (PQM), we can shift the competitive focus away from rental rates, to better care models, including preventive care, chronic disease management and mental health,' Mr Ong said. The tender for the unit at Bartley Beacon was closed on May 29. 'I understand from my MOH officers that we have received interesting proposals, with rental bid prices significantly below the Tampines site in per sqm terms. We are currently assessing the proposals,' he said. Mr Ong noted the Tampines clinic was tendered in December 2024 and awarded in March this year, before the PQM model started. 'Going forward, and given the encouraging response to the Bartley Beacon site, we will make the new PQM approach the norm, when tendering our GP clinics in our HDB heartlands,' Mr Ong said. 'It will be a meaningful shift, both in improving primary care, and ensuring greater affordability.'
CNA
2 hours ago
- CNA
CNA938 Rewind - #TalkBack: Do you even still go to Orchard Road?
CNA938 Rewind Orchard Road is Singapore's premier shopping district – the stretch where you'd find big name department stores, high-end boutiques and fancy dining joints. But when was the last time you actually spent time there? Lance Alexander and Daniel Martin discuss with Dr Samer Hajjar, Senior Lecturer of Marketing, NUS Business School.
