Information Technology

Most businesses are digitalised yet many miss optimal value: report

The report found that only 15% of businesses have fully integrated core systems.

Ban Leong nears delisting as Epicsoft Asia takes over

As of 12 June, Epicsoft Asia holds 100 million shares of Ban Leong.

3 in 5 firms feel ready to adopt AI: Survey

Half also said they are well-prepared to manage debt and risk.

Singapore leads global AI investment with 27% of firms topping $1.28m: report

This places Singapore ahead of both the UK (18%) and the US (14%).

Singapore Airlines partners with PALO IT on AI-powered product development

SIA will adopt PALO IT’s Generative AI Enhanced Engineering methodology.

Singapore amongst most concerned over AI-driven digital fraud

84% of respondents said they were worried about fake digital IDs generated using AI, compared to 76% globally.

Old devices drop out of circulation as reuse and recycling stall

Singapore consumers upgrade their phones faster than the global average.

DBS and UOB fund $530m data centre campus in Indonesia

Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.

Nearly 50% of consumers use AI to assist shopping: survey

The report found that 49% of Singapore consumers used AI tools, such as ChatGPT, for shopping in the past year.

GigaDevice opens headquarters in Singapore

It will serve as a central platform to drive global coordination.

EDB, Thales ink MOU to launch AI accelerator platform

The platform will boost Thales’ R&D capabilities in Singapore.

Datacenter yields in Singapore soften as investor appetite grows

More yield benchmarks are expected as stabilised data centers hit the market.

Singapore flags context-based GenAI risks in global pilot

One of the key findings is that GenAI risks, such as hallucinations, content safety, and data leakage, are highly context-dependent.

TOTM Technologies CEO, directors resign after EGM bid

Their resignation followed requisition notices from nine shareholders.