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Insurers Urged to Keep Human Oversight Central as Agentic AI Adoption Grows
Speaking at the ABF and Insurance Asia Summit in Singapore, valantic APAC Director Goncalo Carvalho demonstrated how agentic AI is automating underwriting and document verification in insurance, while stressing that human judgment must remain the final decision-maker.
Checkout.com Partners with Agoda for AI-Powered Travel Payments
Digital payments firm Checkout.com has partnered with Singapore-headquartered travel platform Agoda to deploy AI-powered payment optimisation across six million properties worldwide. The partnership uses Checkout.com's Intelligent Acceptance AI to reduce failed transactions and improve approval rates for global travel bookings.
Gprnt and SGX Group Partner to Bring AI to ESG Reporting
MAS-launched digital platform Gprnt has partnered with Singapore Exchange (SGX) to enhance the ESGenome disclosure portal with AI-powered climate reporting capabilities. The upgraded portal will help listed companies meet mandatory ISSB-based climate disclosures, track Scope 3 emissions, and develop corporate transition plans.
Nuvee Completes Live Agentic Payments Test With Visa
Canadian payments firm Nuvei has completed a live agentic commerce test with Visa where a merchants AI agent initiated and paid for a purchase without the shopper leaving the AI chat experience, pointing toward a future where AI agents transact autonomously on behalf of consumers.
Microsoft Invests US$2.5 Billion in New AI Engineering Unit
Microsoft has launched Microsoft Frontier Company, a US$2.5 billion AI engineering business that will deploy 6,000 experts to help enterprise customers build and deploy AI systems at scale, with Singapores enterprises poised to benefit from the new units regional presence.
Singapore Strengthens Cyber Defences Against AI-Powered Threats
Singapores Cyber Security Agency has outlined new initiatives to strengthen national cyber resilience as AI reshapes the threat landscape, covering critical infrastructure protection, scam prevention, and quantum readiness.
MAS Proposes New SAFR Framework to Govern AI Agents in Finance
The Monetary Authority of Singapore has proposed a new framework to govern the use of AI agents in financial services, citing the need for real-time safeguards as autonomous systems operate faster than humans can intervene.
EnterpriseSG and JETRO Renew Pact, Expand into AI and Biotech
Enterprise Singapore and JETRO have extended their partnership for three more years, broadening cooperation into AI, semiconductors, quantum computing, clean energy, and life sciences as bilateral trade exceeds S$56 billion.
Pollo AI Launches Unified API for 300+ AI Video and Image Models
Singapore-based Pollo AI has launched Pollo API, a unified developer platform providing access to more than 300 AI video and image models through a single integration point, covering generation, editing, enhancement, and effects workflows. It positions a Singapore company in the competitive AI API aggregation space.
RoboNexus accelerator helps Singapore robotics and AI firms go global
The National Robotics Programme's RoboNexus accelerator has concluded its inaugural cohort, with Singapore robotics and embodied AI firms expanding globally. LionsBot has deployed over 6,000 robots worldwide, while dConstruct Technologies raised US$125 million in Series A funding, demonstrating strong demand for Singapore-designed automation solutions.
Singapore factory activity hits 51.3 PMI in June on AI-driven demand
Singapore's purchasing managers' index edged up to 51.3 in June, its highest since November 2018, driven by strong AI-related semiconductor demand. The 11th consecutive month of expansion was led by electronics sector growth, with new orders, output and employment all rising as AI chip demand continues to fuel Singapore's manufacturing sector.
AI spending and construction boom drive Singapore growth forecast upgrades
Major research houses have raised Singapore's 2026 GDP growth forecasts, citing resilient AI-related investment and a construction boom. DBS raised its forecast to 4.3%, Maybank expects 4.6%, and UOB revised up to 4%, with all三家 citing sustained AI capital expenditure and easing Middle East tensions as key factors behind the upgrades.