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News
UltraGreen.ai ready to recalibrate US medical dye strategy
18+ hour, 18+ min ago (189+ words) The company’s response will hinge on its rivals’ pricing, distribution, and customer offer. UltraGreen.ai is prepared to adjust its commercial strategy as new competitors enter the US indocyanine green (ICG) market, with its response to depend on rivals’ pricing,…...
Revolut taps banking, government veterans for Singapore advisory board
16+ hour, 33+ min ago (210+ words) Former GXS Bank CEO Charles Wong joins three-member advisory panel. UK-founded fintech Revolut has appointed banking and government veterans to its Singapore Advisory Board to support its local leadership on governance, regulatory engagement, business strategy, and sustainable growth. The board…...
Higher income ceilings to lift demand for new flats
23+ hour, 45+ min ago (562+ words) The changes are seen as a timely recalibration after seven years of income growth. Property analysts expect Singapore’s higher housing income ceilings to expand demand for new HDB flats and executive condominiums (ECs), but they offered differing views on the…...
Household net worth grows 6.8% in Q2 as liabilities outpace assets
16+ hour, 31+ min ago (192+ words) Personal loans made up 28.9% of liabilities during the quarter. Household net worth grew 6.8% year on year (YoY) in the second quarter, up from 6.7% in the first quarter, according to the Department of Statistics. The increase came as household assets grew…...
Singapore data centres stand out with up to 18.8% yield, Cushman says
16+ hour, 49+ min ago (473+ words) This is well above the regional average of 7%-13%. The figure places Singapore well above the regional average, which the report puts between 7% and 13%, the report released in August said. Cushman & Wakefield describes Singapore as a statistical outlier in its dataset....
Digital Realty wins provisional 50MW slot for Jurong data centre
16+ hour, 56+ min ago (125+ words) The project will source more than 50% of its power through green energy pathways. Digital Realty has been selected to develop a new facility at JTC’s low-carbon data centre park on Jurong Island. The project was selected under Singapore’s second Data…...
StarHub tops Singapore’s fixed broadband reliability and quality in Q2
17+ hour, 18+ min ago (200+ words) The telco also led in upload speed and video experience. StarHub led Singapore’s fixed broadband market in reliability, consistent quality, upload speed and video experience in the second quarter, according to an Opensignal report. The telco scored 754 out of 1,000 for…...
AI agent breach fuels Wong's push for tighter safeguards
23+ hour, 15+ min ago (458+ words) ADP finds just 17% of Singapore workers feel ready to advance amidst AI shift. Singapore's push to scale up artificial intelligence (AI) adoption will hinge on more than technological progress alone, with industry players stressing that workforce readiness and safeguards will…...
July inflation rises to 2.2% YoY on higher transport, utility costs
1+ day, 14+ hour ago (251+ words) The CPI fell 0.2% month-on-month during the period. Singapore’s consumer price index (CPI) rose 2.2% year-on-year (YoY) in July, up from 1.9% in June, as inflation picked up across transport, electricity, accommodation, and food. The CPI fell 0.2% month-on-month (MoM) in July, data from…...
Safeguards pushed as AI agents gain autonomy
1+ day, 17+ hour ago (262+ words) An OpenAI test incident underscores risks from systems with less human supervision. Singapore will put safeguards in place as artificial intelligence (AI) agents become capable of taking more actions with less human supervision, according to Prime Minister Lawrence Wong. “As…...