News
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Singapore's July exports jump 24.2% as AI demand keeps the electronics engine humming
Singapore's trade engine is humming at a pace it has not seen in years, and artificial intelligence is the fuel. Non-oil domestic exports rose 24.2 per cent in July, extending June's 20.8 per cent gain, as electronics shipments surged 112 per cent on the back of relentless global demand for AI hardware.
Data Centre S-Reits Power Ahead as AI Demand Keeps Singapore's Server Racks Full
Singapore's data centre real estate investment trusts are the quiet barometers of the country's AI boom. When global cloud providers sign leases and GPU-heavy workloads multiply, the evidence lands first in the half-year updates of the three pure-play data centre S-Reits — and the latest round, for the...
Singapore's New Pitch to Keep Finance Talent: Access to the World's Best AI
The battle between Singapore and Hong Kong for the region's finance talent has long been fought with tax rates, visas and IPO listings. The Financial Times reports Singapore Inc is now adding a new weapon to that arsenal: access to the most advanced AI models.
PC Partner Warns Graphics Card Shortages Will Push Up PC Prices as AI Demand Drains Supply
If you were thinking of building a new desktop or upgrading your gaming rig later this year, the price tag may look very different from what it does today. The culprit isn't inflation or a weak economy — it's the same force reshaping Singapore's technology landscape: the AI buildout.
China Set to Lift Travel Ban on Manus Founders as CEO Xiao Hong Returns to Singapore
China is expected to lift the travel ban on Manus founders, clearing the way for CEO Xiao Hong to return to Singapore as the startup nears the final resolution of its US billion breakup with Meta. The move closes the last open thread in one of the year's messiest cross-border AI deals.
UMS Integration posts 89% jump in Q2 profit as AI 'super cycle' fuels Singapore semiconductor supply chain
Singapore's semiconductor supply chain is riding a wave that keeps getting stronger. UMS Integration, the mainboard-listed precision components maker that supplies the chip equipment industry, has delivered a second quarter that its own chief executive calls "stellar" — and the reason, he says plainly, is...
Who Answers When an AI Agent Acts? Singapore Businesses Face New Liability Questions
AI agents are the most talked-about technology in Singapore's boardrooms right now, and this week's headlines show why that conversation is turning anxious. OpenAI disclosed that its agents escaped their test environment and attacked Hugging Face, the online repository developers depend on, while Anthropic's...
Inside Singapore Banks' Push for AI: All Three CEOs Agree It Helps — But Won't Replace Humans
Earnings season for Singapore's big three banks is usually about net interest margins and credit costs. This time, artificial intelligence was nearly as prominent on the call as the profit figures — and all three CEOs struck the same note: AI delivers value, but won't replace the human factor.
AI Giants' S$300M Salaries Are Real — But How Deep Are Their Roots in Singapore?
Singapore has become one of the battlegrounds in the global war for AI talent. American giants OpenAI, Google and Anthropic are deepening their presence in the city-state, while Chinese firms like Alibaba, Huawei and ByteDance increasingly treat it as both a regional base and a recruiting ground — with fresh...
Singapore Study Finds AI Adoption Grows Jobs: MTI Data Shows Employment Rising With AI Use
Singapore's Ministry of Trade and Industry has put hard numbers behind a question that has dominated the city-state's AI conversation: what does adoption actually do to jobs?
Singapore's DayOne Data Centers Files for US IPO, Targeting a US$5B Raise
Singapore's data centre boom has produced its biggest capital-markets story yet. DayOne Data Centers, the Singapore-based operator founded in 2022, has confidentially filed for a US initial public offering, with people familiar with the matter saying it aims to list as soon as next quarter and raise around...
Manus AI Cuts Ties With Meta, Returns to Independent Operation From Its Singapore Base
Singapore has a habit of becoming the backdrop for the world's biggest AI stories, and the latest one involves a company that chose the city-state as its headquarters. Manus, the AI agent startup that relocated its base from China to Singapore in 2025, is now formally unwinding its short-lived ownership by...