Together, the Straits of Malacca and Singapore form the world’s busiest corridor for crude oil and petroleum liquids by volume.
Singapore to invest over S$100 million in maritime research and development over next five years
Acting Transport Minister Jeffrey Siow announced the investment as well as a new roadmap for maritime technology and research at the launch of the Singapore Maritime Week 2026.
Standard Chartered and A*STAR to Set Up S$15 Million Lab for Banking AI
Standard Chartered and A*STAR launch a three-year AI partnership and S$15 million Innovation Lab to advance AI in banking.
OCBC, Lion Global Investors and DigiFT expand gold investment options with GOLDX token
Institutional and accredited investors can subscribe to the tokens through the DigiFT platform with stablecoins or fiat currencies.
Singapore unveils revised maritime tech road map with S$100 million investment; new sector AI push
Focuses include autonomous port operation, alternative energy delivery, smart ships and smart port services Read more at The Business Times.
Businesses see Singapore as safer hub for events amid Middle East disruptions
Organisers are postponing or relocating events amid the uncertainty, while Singapore is drawing attention as a safe and stable alternative.
Singapore banks rival Wall Street titans in long-term shareholder returns
DBS, OCBC and UOB have beaten global benchmarks and some of the biggest US lenders over the past 20 years Read more at The Business Times.
DBS deploys AI-driven ‘Alpha’ squads to blend legal, compliance, risk roles
Against a backdrop of global bank layoffs, the lender is focusing on reskilling and multidisciplinary teams Read more at The Business Times.
QUANTUM SAFE AND AI-READY: EMPYRION DIGITAL’S SINGAPORE HUB EXPANDS LOCAL FOOTPRINT WITH OVER S$1.1 BILLION INVESTMENT
Empyrion Digital is ready to mobilise its next phase of high-density infrastructure, through an investment of over S$1.1 billion to scale its data centre capabilities in Singapore and secure the ...
Singapore launches SG Alert for emergency broadcasts to mobile phones
The new emergency broadcast system will even override mobile phone silent mode to alert users within seconds during serious incidents ...
Asia regulators monitor Anthropic’s Mythos for potential banking risks
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE/HONG KONG, April 20 (Reuters) - Some Asian financial regulators said on Monday they were taking measures to address the risks posed by Anthropic's ...
Singapore firms hold off workforce changes amid high operating costs from rising energy prices: SNEF poll
Businesses in Singapore are facing higher operating costs amid higher energy prices, but most have held off on workforce changes for now, according to a recent poll by the Singapore National Employers ...
Singapore Firms Feel Energy Cost Squeeze, Most Hold Off Job Cuts
Singapore companies are exploring adjustments as rising energy prices begin to bite and concerns over labor costs mount.
Singapore proposes world’s first international standard for GenAI testing
The Infocomm Media Development Authority (IMDA) and Enterprise Singapore have put forth a new international standard, also a world first, to standardise testing methods for generative artificial ...
OCBC and partners launch South-east Asia’s first on-chain tokenised physical gold fund
Institutional and corporate accredited investors can subscribe to the token using stablecoins or fiat currencies Read more at The Business Times.
UOB’s Green Lane facilitates RM18 billion of FDI into JS-SEZ since 2024 with more to come
UOB: We continue to facilitate high value investments into the JS-SEZ from multiple countries, strengthening supply chain connectivity while delivering economic benefits for Malaysia and Singapore.