Singapore to restart work on new airport terminal as passengers return

Singapore to restart work on new airport terminal as passengers return


Travelers walk through the transit area at Changi Airport in Singapore, on Wednesday, March 30, 2022. Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic.

Ore Huiying | Bloomberg | Getty Images

Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic.

Traffic in May doubled compared with March to stand at about 40% of pre-pandemic levels, transport minister S. Iswaran said in a speech at an aviation summit on Tuesday.

“Given the current and projected recovery in air travel demand, we have a renewed impetus to secure our infrastructural capacity for growth,” he said.

Singapore is one of Asia’s main travel hubs and saw more than 68 million passengers pass through Changi Airport in 2019.

The government paused work on the latest terminal two years ago because of the pandemic to re-assess the trajectory of aviation growth and review the terminal’s design to meet the needs of post-pandemic travel, he added.

The city-state plans to start construction of terminal 5 in two to three years to have it ready to meet anticipated demand around the mid-2030s, Iswaran said.



Source

Dow jumps 300 points as oil falls after U.S. reportedly sends Iran peace plan: Live updates
World

Dow jumps 300 points as oil falls after U.S. reportedly sends Iran peace plan: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 24, 2026. Angela Weiss | AFP | Getty Images Stocks jumped on Wednesday following reports that the U.S. has given Iran a plan to bring the conflict to an end, sending crude prices tumbling. […]

Read More
SpaceX reportedly could file for an IPO this week. These funds allow you to invest right now
World

SpaceX reportedly could file for an IPO this week. These funds allow you to invest right now

As SpaceX potentially readies to begin the progress of going public in the coming days, investors already have funds to play it. The Information reported Tuesday that the Elon Musk-run startup is looking to file its initial public offering prospectus with regulators as early as this week. Advisers involved said the company could raise more […]

Read More
U.S. brought back 0 million of gold from Venezuela, Interior Secretary Burgum says
World

U.S. brought back $100 million of gold from Venezuela, Interior Secretary Burgum says

Doug Burgum, US secretary of the interior, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 2026. F. Carter Smith | Bloomberg | Getty Images HOUSTON — Interior Secretary Doug Burgum said Wednesday that the U.S. recently brought back $100 million of gold from Venezuela. Burgum visited Venezuela with […]

Read More