Live11 Sept 2026BIS warns AI spending boom may end in bust if returns lag

Policy

Page 11.

Singapore to Train AI Models on Local Clinical Data, Starting with Diabetes
Policy11 Jul 2026

Singapore to Train AI Models on Local Clinical Data, Starting with Diabetes

Health Minister Ong Ye Kung announced plans to train AI models on Singaporean clinical data and medical guidelines, starting with diabetes and eye disease diagnosis. The initiative aims to improve accuracy for Singapore multi-ethnic population over imported models.

Via CNA
Chinese Tech Giants Tap US AI Models Through Singapore Subsidiaries
Policy11 Jul 2026

Chinese Tech Giants Tap US AI Models Through Singapore Subsidiaries

Alibaba, Baidu and Tencent are accessing American AI models through their Singapore-incorporated subsidiaries, exploiting a gap in US export controls that don't extend to the city-state. Alibaba Cloud already offers OpenAI-compatible APIs routed through its Singapore infrastructure.

Via The Cryptonomist
OpenAI, Google Sold AI Access to Blacklisted Chinese Firms via Singapore
Policy10 Jul 2026

OpenAI, Google Sold AI Access to Blacklisted Chinese Firms via Singapore

The Financial Times has revealed that OpenAI and Google supplied advanced AI model access to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent — three Chinese tech giants blacklisted by the Pentagon over alleged military links to the People's Liberation Army.

Via Il Sole 24 Ore (via Financial Times)
Singapore Unveils Agentic AI Governance Framework and Updated Data Guidelines
Policy10 Jul 2026

Singapore Unveils Agentic AI Governance Framework and Updated Data Guidelines

Singapore authorities released three major AI governance publications covering agentic AI frameworks, legal responsibility for autonomous agents, and new guidelines on personal data use in generative AI, signalling the city-state's push to codify AI governance as the technology moves beyond experimental deployment.

Via Latham and Watkins
Singapore Launches SIMFONI Medical AI Initiative for Locally Trained Healthcare Models
Policy9 Jul 2026

Singapore Launches SIMFONI Medical AI Initiative for Locally Trained Healthcare Models

Singapore launched SIMFONI a national initiative to develop healthcare AI models trained on local patient data addressing the accuracy gap of Western-trained AI for Asian populations.

Via The Straits Times
Singapore Firms Deploy AI Agents Faster Than Governance Can Keep Up
Policy7 Jul 2026

Singapore Firms Deploy AI Agents Faster Than Governance Can Keep Up

New research from NTUC LearningHub reveals that 15% of Singapore organisations have already deployed agentic AI, but governance structures, job definitions, and workforce skills are failing to keep pace with deployment. The finding highlights a growing gap between AI adoption and responsible management in Singapore's enterprise sector.

Via Tech Coffeehouse
Gulf Truce Collapse Poses Risk to Singapore's AI-Led Growth, Maybank Warns
Policy6 Jul 2026

Gulf Truce Collapse Poses Risk to Singapore's AI-Led Growth, Maybank Warns

Maybank Research has raised Singapore's 2026 GDP forecast to 4.6%, driven by an AI-led capital expenditure boom and a construction pipeline of megaprojects — but warns that a collapse of the US-Iran truce could restart the Gulf War and disrupt energy supplies, threatening the growth trajectory.

Via Singapore Business Review
AmCham Urges Singapore to Boost Cost Competitiveness as AI Reshapes Business Decisions
Policy5 Jul 2026

AmCham Urges Singapore to Boost Cost Competitiveness as AI Reshapes Business Decisions

The American Chamber of Commerce in Singapore is calling for greater cost competitiveness as artificial intelligence transforms how companies invest, hire and develop their workforce. US firms remain committed to Singapore as a strategic gateway to the region but face rising operating costs.

Via CNA
Agentic AI Tests Singapore Governance as Enterprise Workflows Expand
Policy5 Jul 2026

Agentic AI Tests Singapore Governance as Enterprise Workflows Expand

Singapore enterprises are deploying agentic AI into real workflows, but governance is struggling to keep up. IMDA's Lee Wan Sie and Microsoft Singapore's Wee Luen Chia discussed the risks at an industry briefing, with IMDA releasing version 1.5 of its Model Governance Framework for Agentic AI.

Via Singapore Business Review
Winning the AI Race Without Building an OpenAI, Say Top Singapore Researchers
Policy4 Jul 2026

Winning the AI Race Without Building an OpenAI, Say Top Singapore Researchers

Singapore does not need to build the next OpenAI to lead in artificial intelligence, argue two of the country's top AI researchers. Laurence Liew, director of AI innovation at AI Singapore, and Willie Shi, associate faculty at SUSS, make the case that the real competitive advantage lies in embedding AI across the economy, institutions and public services — not in competing on foundation model size.

Via ThinkChina
Singapore Healthcare and Social Sectors Embrace AI Without Losing Human Touch
Policy4 Jul 2026

Singapore Healthcare and Social Sectors Embrace AI Without Losing Human Touch

NHG Health launched a workforce accelerator to redesign healthcare jobs around AI while MSF committed S$15 million for AI tools across social services, emphasising that technology should augment rather than replace care professionals.

Via CNA
Parliament to Debate AI-Driven Transport Jobs and Emerging Tech Next Week
Policy4 Jul 2026

Parliament to Debate AI-Driven Transport Jobs and Emerging Tech Next Week

Singapore's Parliament will debate a motion on July 7 focused on strengthening the nation's position as a global transport hub through AI, autonomous vehicles, and digital infrastructure. The debate, led by Marine Parade-Braddell Heights GRC MP Tin Pei Ling, will also address workforce training for an AI-driven future and stronger partnerships between multinational corporations, SMEs, and startups.

Via The Straits Times