News
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AI Hiring in Singapore Is Going Mid-Senior: Entry-Level Roles Are Just 16% of the Action
Singapore's labour market stretched its expansion streak to 19 straight quarters in Q2, but AI-related hiring tells a different story: entry-level roles are just 16% of AI job openings, with 84% going mid- and senior-level. Employers aren't hiring less — they're hiring for domain expertise instead.

Singapore's Factory Run Extends to 12 Months as AI Demand Powers the Supercycle
Singapore's factories have now expanded for twelve consecutive months, and the engine is unmistakable: artificial intelligence. The purchasing managers' index inched up to 51.4 in July, with the electronics sector — roughly 40% of manufacturing output — growing for a 14th straight month at a faster 52.4.

Singapore Tops Global AI Maturity Rankings — But Most Firms Still Haven't Adopted AI
A new study from workspace software firm Notion ranks Singapore first among the markets it surveyed for AI maturity, with 21% of organisations reaching the top two levels of its adoption model — well ahead of the 12% global average. The headline is flattering.

Grab's AI-Led Playbook Pays Off as Q2 Profit Jumps 620%
Singapore's superapp has spent two years telling investors it treats AI as a margin lever, not a cost centre. Its second-quarter results, out this morning, are the strongest evidence yet that the bet is working — profit jumped more than sixfold, user numbers hit a record, and management raised its outlook for the...

AI/ML Engineer Is Now Singapore's Top-Paying Job for Under-30s
Artificial intelligence and machine learning engineering has become the single highest-paying occupation for young workers in Singapore, with a median gross monthly wage of S$8,970 for those aged 25 to 29. The figure comes from Ministry of Manpower data covering 30 occupations where under-30s alre…

UMC Expands Singapore Cleanroom Capacity as AI Chip Demand Surges
United Microelectronics Corporation (UMC) is increasing cleanroom capacity at its Singapore operations through a phased expansion plan, betting that AI-driven demand for semiconductors will continue to accelerate. The Phase 4 facility expansion, paired with a new fab in Taiwan, reinforces Singapore's position as UMC's largest manufacturing site outside its home market.

AI Demand Keeps Singapore Manufacturers Upbeat for Second Half of 2026
Singapore's factories are looking at the second half of 2026 with cautious optimism — and artificial intelligence is the thread running through every upbeat forecast. The Economic Development Board's latest business expectations survey, released on August 3, shows manufacturers across the precision...

MAS Flags AI Investment Boom as Financial Stability Risk Amid Tech Stock Turmoil
When MAS Managing Director Chia Der Jiun delivered his annual report speech on July 28, his warning about the sustainability of the artificial intelligence investment boom might have read like standard central bank caution. Three days and over a trillion dollars in wiped market value later, it reads more...

Soundwave Sensors and AI Feeding Help Singapore's Farms Grow Smarter
Singapore's aquaculture farms are turning to AI and digital tools to get more out of every harvest — from sensors that listen to shrimps while they eat, to a new national app built to replace paper-based record keeping. The push arrives as the sector wrestles with manpower constraints and rising…

Singapore Chip Stocks Surge as AI Trade Confidence Returns, AEM Leads
Singapore's semiconductor suppliers are riding the latest swing of the global AI trade. Shares of AEM, a supplier to Nvidia, Intel and AMD, rose as much as 12.5% to S$8.52 in early trading on Friday (Jul 31), while Applied Materials supplier UMS gained as much as 7.4% to S$2.33 — the biggest movers in a...

AI Occupiers Push Singapore's Office Vacancy to Region-Low 3.3%
Artificial intelligence companies are now shaping Singapore's skyline as much as its tech policy. Prime office vacancy in the city-state fell to 3.3% in the second quarter of 2026 — the lowest among 24 Asia-Pacific cities tracked by Knight Frank — as AI-related occupiers expand their footprint in the central...

DBS's First Group COO on Making AI Transformation Stick: Lead with the 'Why'
Singapore's biggest bank is betting that the hardest part of an AI transformation is not the technology — it is persuading 36,000 employees to come along. That is the argument Derrick Goh, DBS's first-ever group chief operating officer, makes as he oversees the execution of the bank's artificial intelligence...