Information Technology

Singapore firms advance AI but remain wary of short-term returns

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.

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.

Singtel confirms STT GDC talks amidst reports on $3.9b data centre deal

But, it did not confirm the reported value or scope of the acquisition.

More leaders joined AI trainings in 2025 but confidence gaps remain: report

Despite this increase, only 47% of companies report offering tailored AI programs.

Singapore ranks second globally in data centre construction costs

Despite this, the report said Singapore remains a resilient and attractive destination for data centre investment.

Singapore firms cite skills gap as key barrier to AI growth

Around 65% of AI adopters are still focused on basic use cases such as chatbots, analytics, or process automation.

Singapore consumers grow wary of data use in digital ads: report

Time spent on digital content remains high, with users averaging 6 hours and 44 minutes per week on social media.