AI

Strong AI-related demand for semiconductors and semiconductor manufacturing equipment drove Singapore's manufacturing sector to 12.2 percent year-on-year growth in the second quarter of 2026, accelerating from 8.0 percent in the first quarter and powering the broader economy to 5.7 percent overall growth.

Only 29 percent of Singapore desk workers identify as AI sceptics, well below the global average of 37 percent and significantly lower than 53 percent in the United States, United Kingdom, and France.

As many as 76 percent of Singapore's mass affluent and high-net-worth investors use AI for finance and investment, above the global average of 72 percent, yet they continue to look to financial advisers to validate AI-generated insights before making investment decisions.

Temasek, Singapore's state investment company, plans to lift its direct AI exposure from about 6 percent of its current portfolio to 10-15 percent by March 2031.

Thailand has approved nine major investment projects worth a combined $1.99 billion across artificial intelligence (AI), advanced electronics, aviation, clean energy, and food, as global manufacturers reposition supply chains across Southeast Asia.

Ant Group has completed a strategic investment in Boohee Health, becoming its largest external shareholder with a stake of over 28 percent, as the two companies deepen cooperation in weight management and AI-driven health services.

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.

Singapore's Minister for Digital Development and Information Josephine Teo and Grab Co-founder and Group CEO Anthony Tan are among more than 40 founding members of the newly-launched AI for Good Global Commission.

Boost, a Malaysian digital bank and fintech company, has announced enhancements to Boba AI, its agentic AI platform that enables customers to complete everyday banking tasks through chat and voice interactions across the Boost app and Boost Bank app.

Singapore's Ministry of Social and Family Development (MSF) has announced a S$15 million ($11.6 million) investment over three years to incubate and pilot emerging technology projects in the social care sector.