News
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Singapore Insurers Chase AI Gains as Workers Fear Job Displacement
Insurance companies in Singapore are racing to automate underwriting, claims processing, and customer service with artificial intelligence, but the emerging bottleneck is not technology — it is trust.
Singapore Intensifies Crackdown on AI Chip Fraud Ring With Fresh Charges
Singapore police have filed additional fraud and money laundering charges against four individuals and four companies allegedly involved in a sophisticated AI chip supply chain fraud, with the scheme involving misrepresented end-user identities for high-end servers from Dell, Super Micro Computer, and Asus.
Singapore's BDx Data Centres Open to IPO as AI Boom Drives Asia Expansion
Singapore-based BDx Data Centres has signalled that an initial public offering is among its options as the company seeks capital to accelerate its expansion across Asia, riding surging demand for AI-ready data centre infrastructure in the region.
Bitdefender Report: Singapore AI Leaders Overestimate Visibility as Cyber Gaps Widen
Bitdefender's 2026 Cybersecurity Assessment Report, based on a survey of 1,200 IT and cybersecurity professionals across six countries including Singapore, reveals a troubling gap between what security leaders believe they know about AI usage in their organisations and what frontline teams actually.
David Hardoon Joins Accenture to Lead Advanced AI in Southeast Asia
David Hardoon, former MAS AI governance lead and Standard Chartered's Global Head of AI Enablement, has joined Accenture to lead its Advanced AI practice across Southeast Asia, covering generative AI, agentic AI, and responsible AI.
Singapore Workers Fear Deepfakes as KnowBe4 Finds 44% of AI Use Ungoverned
A new KnowBe4 study reveals that 93% of Singapore employees find deepfake voice and video indistinguishable from reality, while 44% of workplace AI usage remains unapproved and ungoverned—creating a volatile cybersecurity environment across the city-state.
Four SGX-Listed Companies Riding the Global AI Semiconductor Boom
AEM Holdings, UMS Integration, Frencken Group, and Micro-Mechanics are emerging as Singapore's key beneficiaries of the AI semiconductor boom, supplying critical testing equipment, precision components, and consumable tooling to the global chip supply chain. Unlike US AI stocks, these SGX-listed companies also pay fully tax-free dividends under Singapore's one-tier system.
Tata Communications Invests $152M in AI-Ready India-Singapore Digital Corridor
Tata Communications is investing US$152 million to expand subsea cable capacity along the India-Singapore corridor, adding 98 Tbps of AI-ready capacity to meet surging demand from AI, cloud, and hyperscaler workloads. The investment includes capacity on the MIST cable system and consortium participation in a new Chennai-Singapore subsea cable.
Olivier Crespin Returns to DBS as Chief Analytics Officer
Olivier Crespin has rejoined DBS Bank as Chief Analytics Officer, tasked with leading the bank's data, analytics, and artificial intelligence strategy. His return signals DBS's deepening commitment to embedding AI at the core of its banking operations, building on the digital banking transformation he helped drive during his earlier tenure at the bank.
AI and Hiring Slowdown Push Singapore Graduates Into Lower-Paid Traineeships
More Singapore graduates are turning to government-backed traineeships paying as little as S$1,800 a month — less than half the median starting salary — as AI adoption and cautious hiring reduce entry-level opportunities. Applications to the GRIT programme dropped 90% amid low pay and stigma, even as full-time employment rates fell 10 percentage points across universities.
Koh Boon Hwee: AI Means Engineers Must Think Better, Not Code Better
Tech and investment veteran Koh Boon Hwee tells The Business Times that AI will fundamentally reshape software engineering, with coding shrinking to under 5% of an engineer's role while skills like user-needs testing, judgment, and communication become paramount. He warns AI infrastructure investments remain loss-making for investors.
Singtel Weighs REIT as Long-Term Funding Option for AI Infrastructure
Singtel is evaluating the formation of a publicly listed real estate investment trust (REIT) or similar permanent capital vehicle to finance its transformation from a traditional telecom into a digital infrastructure and AI services powerhouse.