News
Singapore employers redirect pay towards scarce skills
Singapore employers redirect pay towards scarce skills
Broad salary increases are giving way to targeted rewards as companies manage costs whilst directing more workforce spending towards AI, reskilling, and specialist capabilities.
Retailers urged to prioritise AI use cases over unified data platforms
Firms that see value track the true cost of AI.
UOB and IMDA launch second phase AI adoption programme
The programme is targeting 3,000 SMEs to participate.
1 in 2 Singapore employers are using AI to screen candidates
More employers said their long-term workforce strategy is ‘automation-first’.
Most firms raise AI spending but see little return: Lark
Firms must ask where the value is leaking out.
Retailers rethink frontline jobs as technology takes on routine tasks
AI, RFID, and self-service tools are helping stores extend operations whilst reducing routine workloads.
Import and export price indices rise in August as oil prices rally
Both the IPI and EPI logged double-digit growths compared to a year earlier.
Manufactured product prices surges for the fifth time in August
Non-oil prices grew 38.9%, led by the Machinery & Transport Equipment sub-index.
FairPrice Group extends AI personalisation into grocery aisles
Smart carts can deliver vouchers based on past purchases.
Retailers told to structure product data for AI shopping agents
Consistent product information can help AI agents understand and surface retail listings.
URA launches East Coast Road and Serangoon North View sites for sale
An estimated 320 housing units can be built across the two sites.
Eight in 10 Southeast Asian shoppers turn to AI for product discovery: Bain
A trust gap remains around allowing AI to complete purchases.
Temasek buys 9% stake in Italian private equity manager FSI
FSI is the largest European private equity manager dedicated to a single country.
Singapore data centre constraints push investment into efficiency
Power limits are shifting spending from new capacity towards retrofits and higher-density infrastructure, while Singapore’s expertise increasingly supports regional growth.
IHH backs Fortis acquisition amidst India forensic audit order
The court denied Fortis’ petition challenging a required forensic audit.
CDL to invest $5b and divest $6b under 3-year roadmap
CDL plans to divest $1.8b of hotel assets through FY2029.
Igloo’s net loss narrows 60.4% in 2025
It attributed it to its embedded insurance business and AI-native infrastructure.
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