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Singapore raises 2026 GDP growth forecast to 4.5%-5.5%; economy grew 5.9% in Q2
Singapore's economy is growing far faster than anyone expected at the start of the year — and artificial intelligence is the reason. The Ministry of Trade and Industry (MTI) on Tuesday raised its 2026 growth forecast to 4.5 to 5.5 per cent, a sharp jump from the 2 to 4 per cent range it set in May, citing a...
Singapore Tech Funding Jumps 27% to US$4.77B in July
Singapore-based tech companies raised roughly US$4.77 billion in equity funding in July, up 27.35% from June's US$3.74 billion and a staggering 184% surge from the US$1.68 billion raised in July last year, according to data from Tracxn.
Sea's OpenAI Bet Gives Shopee a Concrete AI Edge in E-Commerce
Sea Limited has turned its partnership with OpenAI into a concrete e-commerce strategy rather than a headline-grabbing announcement. The agreement, struck in June, targets AI-powered commerce across Shopee's markets in Southeast Asia and Brazil, with broader access to ChatGPT for the platform's.
AI-Made Zombie Film at NDP 2026 Sparks Singapore's 'AI Slop' Debate
An AI-generated short film shown during Singapore's National Day Parade has become the most argued-about piece of local filmmaking this year. Bersama Majulah, a four-minute spin-off of the Spore Fall franchise, depicts a spore outbreak sweeping a fictional city that mirrors Singapore's skyline —.
AI Is Rewriting the Job Spec for Singapore's Fresh Tech Grads
Fresh tech graduates in Singapore are walking into a job market that expects more from them than ever. A YouthTechSG survey found that 83.3% of tertiary students want help with technical skills development and problem-solving, as artificial intelligence reshapes software development and compresses.
ThinkPalm and Singapore Polytechnic Partner on AI-Powered IIoT for SMEs
Singapore's push to become Asia's premier carbon hub runs into a practical problem: most small and mid-sized businesses here still measure their sustainability footprint the old way — spreadsheets, manual audits, and estimates. That gap between ambition and measurement is exactly where the city-state's AI...
AMD Named First Customer of Powertech-Broadcom's US$5.66B Singapore AI Packaging Venture
Singapore's push to become an advanced packaging hub just got a marquee customer attached to its biggest AI chip packaging project. Taiwan's Powertech Technology has formally filed with regulators for its US$400 million stake in the Broadcom joint venture announced in July — and the filing names AMD as the...
Temasek and GIC Are All-In on AI. MAS Is the Voice of Caution
Within three weeks in July, three of Singapore's most consequential financial institutions delivered three very different verdicts on artificial intelligence. Temasek and GIC — the twin sovereign wealth funds that manage the bulk of the Republic's reserves — used their annual reviews to explain why they...
OCBC's AI Bet on Wealth: GenAI-Trained Advisors, Avatar Bankers and a Doubling by 2030
Singapore's banks have spent the past year proving AI can do real work inside a regulated industry — DBS describing agentic systems across its operations, UOB automating compliance checks, OCBC halving the time it takes to onboard wealthy clients. The next phase of that race is now coming into view, and it...
Singapore-France Defence AI Challenge Names Clika Sole Winner for Edge AI Optimisation
Singapore's defence establishment has spent the past year turning its AI ambitions into structured programmes rather than pilot-picking by instinct. The clearest sign yet arrived this week: an international challenge co-run by Singapore's Ministry of Defence and France's defence AI agency has picked its...
IIT Madras Startup Dtyle.AI Joins Singapore's PIER71 Accelerator to Pilot Shipboard AI Vision
Singapore's maritime sector has spent the last few years turning itself into an AI proving ground, and the latest entrant into that ecosystem comes from halfway across the Indian Ocean. An IIT Madras-incubated startup called Dtyle.AI has been selected for the PIER71 Smart Port Challenge 2026 Accelerate...
Singapore's MICE Planners Rethink ROI With Smaller Events and Smarter AI
Singapore's meetings-and-events industry has long sold itself on scale: vast convention halls, the region's busiest airport, and hotel capacity to match. But the conversation at this year's Cvent Accelerate, back in Singapore for a fifth edition, suggests the playbook is quietly changing.