News

Economic pressure, talent shortages slow Singapore’s AI adoption

Over 80% of companies report being hit by global tariffs.

Enigma Health partners with Roche, ST Engineering to boost AI healthcare solutions

ST Engineering will integrate Enigma’s AI model into its Genie Studio platform.

Sembcorp unit agrees to settle gasoil claims dispute

The agreement was reached five years after the lawsuit was filed.

H2G Green taps Pek Hak Bin as its new CEO

His appointment will take effect on 1 June.

CapitaLand Ascendas REIT to acquire two properties for $700m

The deals boost CLAR’s Singapore portfolio by 6.6% to $11.7b.

Cortina Holdings profit up 4% YoY to $63.6m in FY2025

Revenue for the period also increased 6% YoY.

IMDA rolls out 800 AI jobs and training roles with partners

This initiative is being undertaken in partnership with AI Singapore and more than 25 companies.

IMDA expands GenAI initiative with AWS and Microsoft support

First launched in 2024, the initiative is designed to help SMEs integrate GenAI technologies into their operations.

Singapore boosts SME tech support with new AI partnerships

The initiatives are part of the Digital Enterprise Blueprint.

Firms face data, governance gaps in AI deployment: survey

More than half (53%) of organisations in Singapore lack the robust data infrastructure needed to support agentic AI systems.

Four in ten employers plan to add jobs in 2025 amidst growth needs

76% of firms hiring are doing so to support business growth, whilst 46% are seeking candidates with new skill sets.

Singapore output rebounds but late-year drag expected

Industrial production rose 5.3% MoM seasonally adjusted in April, reversing two months of contraction in March and February.

Hotel ADRs drop 5% YoY in Q1 2025

The average daily rate fell to $299.