Singapore is looking to deepen its position as a trusted AI-powered financial hub, with deputy prime minister (DPM) Gan Kim Yong urging businesses and financial institutions to move beyond AI ...
Singapore ranks third in DBS’ Global AI Financial Hub Index, behind New York and San Francisco
Deputy Prime Minister Gan Kim Yong has urged global AI players in Singapore to deepen the country's local workforce capabilities. Speaking at a dialogue session on AI readiness, he added that ...
OpenAI deepens Singapore bet with SG$300m investment
OpenAI is investing more than SG$300 million in Singapore to launch its first Applied AI Lab outside the United States, in partnership with the Ministry of Digital Development and Information.
Standard Chartered CEO reassures staff after ‘lower-value human’ backlash
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 ...