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Tax Academy of Singapore says AI is a tool, not a human replacement
The Tax Academy of Singapore says AI assists tax professionals with daily tasks but is not deployed at the organisational level, reflecting a cautious public-sector approach to AI that keeps human judgement in the loop.
Singapore factories keep humming on AI boom as PMI rises to 51.5
Singapore manufacturing extended its expansion to 13 straight months in August with PMI at 51.5, driven by AI demand in electronics, though supply chain disruptions from the Middle East conflict keep the broader outlook uneven.
Singapore AI heart scan tool heads for wider hospital testing
Singapore researchers are moving an AI-powered heart scanning tool from the lab to the clinic, with plans to expand testing across multiple hospitals before seeking regulatory approval to measure heart damage from MRI scans.
Singapore, Indonesia Business Chambers Expand AI Trade Support for SMEs
Singapore and Indonesia are deepening business cooperation to help SMEs use AI tools and reach regional markets. The Singapore Business Federation (SBF) and the Indonesian Chamber of Commerce and Industry (KADIN) reviewed the practical outcomes of a two-year MoU.
Businesses, workers and government must share the AI responsibility, Singapore leaders say
A roundtable hosted by The Business Times has laid bare the tensions at the heart of Singapore's AI adoption drive. Leaders from the Singapore Business Federation, DBS, Accenture, and the Skills and Workforce Development Agency agreed that while AI is a shared responsibility across business.
UMC commits billions to Singapore chip plant as AI demand reshapes semiconductor map
Taiwan's second-largest chipmaker United Microelectronics Corporation (UMC) has opened a $5 billion fabrication plant in Singapore, positioning the facility as its most advanced production site and a direct play for AI-driven semiconductor demand.
Singapore GDP forecast raised to 5% as AI demand drives growth surge
Private-sector economists have sharply raised their 2026 growth forecast for Singapore to 5%, up from 3.5% previously, driven by surging demand for AI-related electronics and manufacturing output.
Singapore and Thailand deepen AI cooperation under multi-year ASEAN agenda
Prime Minister Lawrence Wong and Thai counterpart Anutin Charnvirakul have agreed to develop a multi-year ASEAN cooperation agenda, with AI and digital industries identified as key pillars.
Indonesia and Singapore launch AI trade advisory platform for SMEs
Singapore and Indonesia are deploying an AI-powered advisory tool called the Trade AI Advisor (Taia) to help small and medium enterprises identify new export opportunities across ASEAN.
UPI Could Soon Let AI Agents Make Payments
Unified Payments Interface (UPI) users in India may soon be able to give AI agents limited authority to complete payments on their behalf. Three sources told Reuters that the Unified Agent Protocol may be introduced at the Global Fintech Fest in Mumbai next week.
Mambu’s New AI Agents Can Act on Banking Tasks Within Set Limits
Mambu has launched Intelligent Core, its technology architecture for bringing core banking, payments and agentic AI together on one open, composable platform. The launch combines Mambu Core and Mambu Payments with a new addition, Mambu Agentic, an intelligence layer that connects AI directly into.
Visa Targets Risky Transfers With Enhanced A2A Protect
Banks can now use Visa’s enhanced A2A Protect service to identify risky transfers before funds leave customer accounts. The update introduces a unified fraud score and marks Visa’s first in-market integration of Featurespace technology since acquiring the company.