Information Technology
Ransomware attacks on Singapore organisations spike after major events
Ransomware attacks on Singapore organisations spike after major events
96% of organisations say their plans can detect vulnerabilities in identity systems.
AI Singapore launches Qwen SEA LION v4
Quantised 4-bit and 8-bit versions are also available.
Legacy systems, compliance risks slow AI network readiness in SG
Partners expect the most growth in areas such as AI-powered observability and diagnostics (48%).
Singapore SMBs race to adopt AI amidst growing gaps
Skills shortages, unclear strategies, and poor data readiness threaten to slow AI adoption.
Business confidence in cyber recovery falls to 20%
The firm noted that non-human identities now outnumber human users by roughly 82 to one.
Singapore firms advance AI but remain wary of short-term returns
The study also reported an anticipated return of 26.9%, compared with the APJC average of 33.3%
Singapore and Thailand expand partnership on legal development
The partnership also covers joint work on common templates, legal dictionaries, and data schemas.
Job scams hit 53% of Singaporeans
Nearly one in five (18%) reported being affected by a scam.
AI spending climbs 33% as digital readiness falls to 24%
Legacy systems and skills gaps slow AI deployment despite higher ROI.
Majority of SG fintech firms cite business growth as top hiring drivers
Change in Business Priority was cited as having the most impact.
AI hiring in Singapore fintech rises 40% YoY
Around 23% of professionals are currently upskilling through online courses, focusing on areas like AI.
Sea Limited's net income more than doubles to $488.5m in Q3
Revenue also soared by 39.8% YoY to $7.82b.
SG’s digital lending to reach $39b in 2025
Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $44b.
Singapore marketers lead in AI adoption but lack readiness
Only 47% of Singapore respondents say they are fully confident in their AI knowledge.
SG’s digital economy to reach $37.7b in 2025
The transport & Food sector is expected to grow 12% YoY to $7.8b.
UMS Integration net profit rises to $30m in 9M on strong semiconductor sales
Sales in chips and semiconductor systems grew by 7% and a stable 1% YoY, respectively.
Singapore public sector lags on AI adoption with 26% uptake
61% cited inadequate data infrastructure or reliance on legacy systems, whilst 52% raised concerns about privacy and security.
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