News
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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.
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.
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.
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.
Singtel Weighs REIT Listing to Fund AI Data Centre Expansion
Singtel is evaluating a public listing of a Real Estate Investment Trust or an alternative permanent capital vehicle to fund its expanding investments in data centres and sovereign AI, as the telco transforms into a global digital infrastructure group.
PwC Singapore Promotes 13 Partners, Majority in AI and Technology
PwC Singapore appointed 13 new partners with eight out of the cohort specialising in AI, technology, and data, reflecting the firm's push to embed AI capabilities across assurance, deals, risk services, and tax practices.
82% of Singapore Firms Have Rolled Back AI Customer Agents, Sinch Study Finds
Singapore leads the Asia-Pacific region in deploying AI customer communication agents, yet 82 percent of enterprises here have already rolled back or shut down at least one such deployment, according to a new report from communications platform Sinch.
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.