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S&P: AI-Boosted Supply Chains Among 5 APAC Sectors to Watch
S&P Global Ratings has identified five Asia-Pacific sectors poised for growth, with AI-boosted technology supply chains and Singapore's gaming and office sectors leading the charge. The report highlights how surging AI capital expenditure is reshaping semiconductor supply chains while Singapore's integrated resorts ride a wave of reinvestment.
CNA Explains Why AI Stocks Are Whipsawing Global Markets
Tech stocks have been swinging sharply as investors weigh AI's promise against concerns over lofty valuations and massive spending. CNA's explainer breaks down what's driving the volatility, with Singapore analysts weighing in on whether an AI bubble is forming.
OceanBase Launches AI Database From Singapore for Enterprise Data
OceanBase, the Ant Group-backed database company, has launched an AI database portfolio from Singapore designed to help enterprises manage multimodal data and connect trusted business context with AI agents.
AI Without Guardrails Is a Losing Bet, Singapore Bank Leaders Warn
Bank executives at the Asian Banking & Finance and Insurance Asia Summit in Singapore warned that governance, leadership and human oversight will determine whether financial institutions can scale AI safely and effectively.
Mastercard Opens Fourth Innovation Circuit in Singapore for AI-Powered Payments
Mastercard has launched the fourth edition of its Innovation Circuit in Singapore, bringing together financial institutions, fintechs and merchants to explore how agentic AI, digital identity and tokenisation will reshape payment journeys by 2030.
Microsoft Weighs Thousands of Layoffs as AI Spending Surges
Microsoft is reportedly preparing a new round of layoffs affecting thousands of employees across its sales, consulting and Xbox divisions, as the company redirects resources toward artificial intelligence infrastructure and product development.
Singapore Police Seize $55M Bungalow in AI Chip Probe
Singapore police have seized a S$55 million luxury bungalow and filed fresh fraud charges in an escalating investigation into the alleged smuggling of advanced Nvidia AI chips — one of the most significant export-control enforcement actions to originate from the city-state.
Agoda Debuts AI-Powered Hotel Search and Real-Time Flight Tools
Digital travel platform Agoda, headquartered in Singapore, has rolled out AI-powered travel tools including intelligent image-based hotel search with automated guest review matching and real-time flight tracking. The updates also include expanded multilingual support and a consolidated multi-product booking engine.
AI Deepfake Scam Used Fake Iswaran Interview, CNA Editor Reveals
CNA veteran editor Han Fook Kwang reveals he was the target of an AI-powered deepfake scam that fabricated an interview with former transport minister S Iswaran. The fake article included AI-generated photos and quotes, directing victims to a fraudulent investment scheme. The site was blocked under Singapore's Online Criminal Harms Act.
Bitdefender Report Reveals Singapore Firms Blind to Employee AI Use
Only 48% of Singaporean organisations have full visibility into the AI tools their employees use, according to Bitdefender's 2026 Cybersecurity Assessment Report. The survey of 1,200 IT professionals across six countries also found 53% of breach victims in Singapore were told to keep the incident confidential.
PwC Singapore Promotes 13 New Partners, Majority Specialise in AI and Tech
PwC Singapore has appointed 13 new partners, with eight of the 13 focused on artificial intelligence, technology, and data. The appointments span assurance, deals, risk services, and tax, reinforcing the firm's strategy of embedding AI across its professional services amid rising client demand for tech-enabled advisory.
Singapore Gen Zs Rank Lowest in AI Enthusiasm Across Asia: Survey
Singaporean Gen Zs are the least enthusiastic about AI compared to their peers across seven Asian markets, according to a Money Mind survey of over 3,000 respondents. While most acknowledge AI will benefit their careers, they expect it to raise performance expectations and create pressure to continuously prove their value in the workplace.