Bill Winters' remarks on using artificial intelligence to replace 'lower-value human capital' triggered a sharp backlash on social media ...
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.
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, 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 ...
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.
Singapore tops Indonesia as biggest South-east Asian stock market
Singapore stocks have benefited from economic and political stability, as well as government-led market reforms. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore tops Indonesia as biggest Southeast Asia stock market
Singapore has taken over Indonesia as Southeast Asia’s largest stock market, signaling investors’ endorsement of the city state’s market reforms and their diminishing confidence in its neighbour’s ...
Straits Times Index: Chart | Quote | Trading Hours
The Straits Times Index (STI) stands as Singapore's flagship stock market benchmark, representing the performance of the top 30 companies listed on the Singapore Exchange (SGX). For Australian ...
Singapore’s Snow City to close after 26 years, last day of operations will be Sept 30
SINGAPORE: Snow City, Singapore’s first indoor snow centre, will close on Sept 30 after 26 years. The closure reflects the Science Centre Board’s (SCB) commitment to “keepin ...
DBS CEO Tan Su Shan sells $6m in company stock
CEO of DBS Bank Tan Su Shan has cashed out 100,000 of her company shares for $6 million.According to a Singapore Exchange (SGX) filing on Monday (May 18), they were sold on May 15 at $60.12 per share ...
Singapore launches new hub to boost financial literacy for businesses
The Singapore Business Federation (SBF) and Enterprise Singapore (EnterpriseSG) have launched a new one-stop platform that seeks to help businesses strengthen their financial literacy and resilience.
DBS to Hire Over 500 Young Local Talent as AI Reshapes Banking
DBS will take in over 500 young local talent in Singapore this year as it builds its early-career pipeline in the AI era.