Most major large language models (LLMs) used globally today are non-Asian focused, underrepresenting huge pockets of populations and languages. Countries like Singapore are looking to plug this gap, ...
The U.S. is losing crypto developers to other countries, report says
“The U.S. continues to lose developer share, down 14 points in the past five years; only 26% of crypto developers are US-based today,” Coinbase said in a new report.
Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024
In other news this week, the World Bank raised its forecast for global growth this year on strong US expansion.
Exhausted from work? Nearly half of workers in Singapore polled feel the same
SINGAPORE - Nearly half of the workers in Singapore feel exhausted after a day at work, a recent survey by a health technology provider has shown. The survey by Telus Health polled 1,000 workers ...
Three business leaders in manufacturing awarded national honours for contributions to Singapore
They have significantly expanded the presence of their firms in Singapore, creating good jobs and business opportunities, said EDB chairman. Read more at straitstimes.com.
Singapore court rules mistress can keep US$8 million after death of US lover in Hong Kong
James Eng Jnr, who died in September 2018, had a romantic relationship with Lolita Tsang since 2005, intended to grant Tsang about US$6million in October 2016. ( read original story ...)
Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say
Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals ...
Commentary: As Johor-Singapore SEZ plans accelerate, who stands to benefit?
Singapore has talent and technology; Johor has land and infrastructure, say UOB’s Lim Lay Wah and Tay Xiaohan of the planned Special Economic Zone.
Transforming Singapore’s tourism sector with AI
The global tourism space is transforming and STB's CTO Wong Ming Fai shares some of the latest trends in the market.
Business leaders in manufacturing awarded national honours for contributions to Singapore
PRESIDENT Tharman Shanmugaratnam has conferred national awards on three business leaders from the manufacturing sector for their significant contributions to Singapore, the Singapore Economic ...
Singapore shares rise on lower US inflation, rate-cut possibility; STI up 0.5%
SINGAPORE shares ended higher on Thursday (Jun 13), as markets were encouraged by easing US Consumer Price Index (CPI) figures and the possibility of more interest-rate cuts by the US Federal Reserve.
Singapore stocks open higher again on Thursday—STI rose by 0.6%
SINGAPORE: Singapore stocks opened higher again on Thursday, June 13, following a strong global sentiment after US consumer prices remained steady in May. The Straits Times Index (STI) rose by 0.6%, ...
ETFs, new investment products and a Big Bang IPO
Whatever the case, ETFs are only an intermediate step to attracting more liquidity to the local market. Moreover, ETF issuers like OCBC Securities, Lion Global and Nikko Asset Management have gained a ...
Standard Chartered sets up first global fund management unit in Singapore
The platform aims to set up a series of funds focused on a long-term strategic asset allocation as part of a client’s foundation portfolio. To deliver unique and hard-to-access strategies, Standard ...
Crypto Sector Ruffled by Slump in Curve Finance Exchange’s Token
The native token of Curve Finance, one of the cryptocurrency sector’s top decentralized exchanges, has tumbled to an all-time low.
Singapore’s H2 recovery hinges on external factors: UOB
Singapore’s economy could stage a meaningful recovery in the second half should the US Federal Reserve start its rate cut cycle, according to UOB.