Singapore’s central bank has pulled the crypto payment license of Bsquared Technology Pte. Ltd., stripping the firm of its right to provide digital payment token services after uncovering a series of ...
Singapore’s AI-job cuts debate flares over ‘lower-value human capital’ remark
Economists say the challenge faced by Singapore is whether training can keep pace with job losses and work redesign Singapore's push to get workers ready for artificial intelligence is facing a stern ...
Standard Chartered CEO calms staff after ‘lower-value human’ backlash
The phrasing drew condemnation on social media and across Asia, a region that generates the bulk of the bank’s profits.
Aster sanctions $80m ethylene export expansion in Singapore
Engineering and construction contracts were awarded to multiple partners, with Toyo Engineering and UTOC Engineering in leading roles.
Grab bets on new delivery robots to fix Singapore’s supply-constrained markets and solve the last-mile problem
The Southeast Asian tech company will launch a pilot of its first delivery robot in Singapore’s Punggol district in late 2026.
Singapore updates national AI strategy, partners Google and OpenAI
Government will help 10,000 enterprises over the next three years to use AI meaningfully Read more at The Business Times.
Singapore Revokes Bsquared Crypto Permit Over ‘Serious Breaches’
Singapore’s central bank has revoked the major payment institution license of a local crypto liquidity provider, a rare move for the regulator as the city-state seeks to mitigate risks in the industry ...
OpenAI Commits S$300 Million to Grow Singapore AI Capabilities
OpenAI will invest S$300 million to expand AI infrastructure and talent in Singapore over the next three years. The Silicon Review reports AI investment.
‘Answer cannot be to hold back change’: DPM Gan says AI key to Singapore’s edge
For Singapore to stay competitive amid the changing times, we cannot avoid the use of artificial intelligence (AI), Deputy Prime Minister Gan Kim Yong said on Wednesday (May 20).He was speaking at DBS ...
OpenAI commits $300m to boost AI skills, offer tools and solutions for businesses in Singapore
OpenAI pledges over $300 million in Singapore to enhance AI skills, launch an applied AI lab, and provide tools for businesses. Read more at straitstimes.com. Read more at straitstimes.com.
OpenAI, Google deepen Singapore AI ties, ChatGPT maker commits $234M
OpenAI (OPENAI) will invest over $234M to establish its first applied AI lab outside the U.S. in Singapore, marking a major expansion of the company’s presence in Asia. The new 'OpenAI Singapore ...
Singapore urges financial firms to use AI to create better jobs
By Yantoultra Ngui SINGAPORE, May 20 (Reuters) - Singapore's banks and financial firms should use artificial intelligence to create better jobs and train workers for higher-value roles, not just cut ...
HSBC, Temasek-Backed Pentagreen Capital’s Finance Program Reaches $800M in Committed Capital
SINGAPORE--Pentagreen Capital Fund Management's Asia-focused blended finance program has reached $800 million in committed capital. Petagreen Capital, a sustainable infrastructure debt financing ...
OCBC said to outbid banks on HSBC Indonesia deal by wide margin
The value is subject to adjustments and will be finalised after the deal is completed, potentially in the first half of next year, pending regulatory approvals, OCBC said.
OCBC outbids banks on HSBC Indonesia deal by wide margin: sources
The higher offer allows OCBC to enter bilateral negotiations to finalise the deal Read more at The Business Times.
Bizcap Singapore marks one year with new $1m lending limit
Bizcap, one of the fastest-growing alternative lenders globally, is marking one year of operations in Singapore by increasing its lending limit to $1 million, giving more SMEs fast access to larger, ...