Singapore

Singapore leads AI finance race but scale constraints put its advantage at risk

It is closest to sustained alignment between AI capability and institutional trust at scale.

Retail vacancy holds at 6.3% as tight supply masks softening leasing demand

Prime malls continue to attract tenants whilst secondary locations struggle.

Daily Markets Briefing: STI down 0.54%; Top stock is Wilmar International

Wilmar International is the top stock with a 2.19% increase.

Singaporeans hit hard by war-driven cost hikes

Survey finds widespread impact on daily expenses including food, transport and dining.

MAS revokes BSQ payment licence over false disclosures and risk failures

BSQ provided false or misleading in material particulars, MAS said.

GXS Bank and Lion Global launch exclusive multi-asset fund

The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.

Gardenia to shift bakery production to Malaysia, 141 employees to be retrenched

NTUC-affiliated union says affected workers will receive career and training support.

New national AI missions target four sectors driving 40% of GDP: Teo

Advanced manufacturing, finance, connectivity, and healthcare are key priorities.

Condo rents hit record in April on CCR gains

CCR and OCR lead gains whilst rental volumes rise 1.6% month on month.

Social sector’s heavy reliance on state aid risks flexibility

At least half of annual budgets depend on state support.

Seatrium injects $1.7m more into NUS offshore professorship

The top-up brings total contributions, including matching funds, to over $5m.

OpenAI pledges $300m to Singapore AI ecosystem, sets up first overseas lab

It will cover AI priorities in public services, finance and healthcare, among others.

Rockefeller-Temasek coalition pushes nuclear as philanthropic funding lags

Only 0.1–0.2% of climate philanthropy supports nuclear energy.

Singapore accounts for 25% of password stealer detections in Southeast Asia

Kaspersky data shows growing exposure to password stealers and spyware.

New AI-finance programme links students with 20 financial firms

The August pilot will provide applied AI training and industry exposure.