2 March – The extension of the CISCO headquarters starts construction. When completed, it will have cash processing facilities and a computer disaster recovery centre.[6]
8 March – The first 2G networks are launched in Singapore.[7]
5 May – United States media reports on the caning incident of American teenager Michael P. Fay who was convicted for vandalism.
21 May – A Singapore Police Force officer, Corporal Hoi Kim Heng, 24, dies after being stabbed in the neck during the attempted arrest of drug abuser Soh Loo Ban. His companion, Corporal Tan Huang Yee, recovers from his injuries.[11]
23 May – Corporal Tan Huang Yee is given a rare field promotion to the rank of sergeant, while Corporal Hoi Kim Heng is conferred the same award posthumously.[11]
6 June – Known as the Oriental Hotel Murder, a Japanese tourist, Madam Fujii Isae, 49, is found murdered in her hotel room at the Oriental Hotel.
9 June – The biggest single robbery to strike a private home occurs at a property in Bukit Timah, in which S$6 million worth of valuables were stolen. All five men involved in the armed robbery were subsequently arrested.
21 July – The design for the new arts centre is unveiled, with the name of the facility called the Esplanade - Theatres on the Bay, which will be finished by 2000. It opened in 2002.[15]
16 September – A sergeant with the Republic of Singapore Navy, Chong Peh Choong, 26, kills his three children aged between 3 and 10 before failing in his attempts to kill his wife and himself. He was jailed for life.
The Singapore Broadcasting Corporation is privatized and restructured as the state-owned holding company Singapore International Media (SIM). SIM in turn consists of four state-owned enterprises; the Television Corporation of Singapore (TCS, owner of Channel 5 and 8), Singapore Television Twelve (TV12, owner of Channel 12), Radio Corporation of Singapore (RCS), and SIM Communications.[19]
22 October - The last National Registration Identity Card (NRIC) replacement exercise takes place in Choa Chu Kang Community Club, marking the end of a three-year replacement programme. For those who did not re-register yet, a grace period will be given until 1995. From 1 January 1996, the old laminated NRICs will be invalid.[23]
31 October to 3 November – A three-day debate on ministerial salaries ensues.[24][25] Eventually, the white paper is approved on 3 November.[26]
30 November – Police officer Senior Staff Sergeant Boo Tiang Huat, 47, dies after sustaining an axe wound to the head while conducting routine vehicular inspection at Newton Road.[28] He was given a field promotion to the rank of Station Inspector posthumously.[29]
^Chuang Peck Ming (22 October 1994), "Six professions to set pay for ministers and civil servants", Business Times (Singapore). See also Wang Hui Ling; Chung Tsung Mien; Jimmy Yap (28 October 1994), "32 say benchmarks too high, 25 think they are valid", The Straits Times; Warren Fernandez (2 November 1994), "Will S'poreans back SM Lee's judgment on White Paper?", The Straits Times; Chuang Peck Ming (4 November 1994), "MP warns of election backlash in debate on pay rise for ministers", Business Times (Singapore).
^Chuang Peck Ming (1 November 1994), "Why it's fitting to peg ministers' pay to top private sector earners", Business Times (Singapore); Chuang Peck Ming (4 November 1994), "White paper on salary benchmarks approved", Business Times (Singapore).