Singapore to fork out billions for Changi airport upgrades

Singapore Aviation Hub: Singapore will pour an additional SGD 3.7 billion into upgrades at Changi airport, including a long-awaited fifth terminal, as the nation seeks to maintain its position as a top global aviation hub, its leader said Tuesday. The fresh top-up of SGD billion (US$3.7 billion) to the Changi Airport Development Fund will "ensure sufficient resources to develop our air hub", added Wong.