Business

OCBC's Indonesian unit is acquiring HSBC's International Wealth and Premier Banking portfolio in Indonesia. This major acquisition will boost OCBC Indonesia’s assets under management by an expected 25%. The move strengthens OCBC's presence in Southeast Asia's largest economy.

Artificial Intelligence is rapidly transforming Formula One. Teams are forming numerous partnerships with tech giants to leverage AI for data analysis, race strategy, and operational efficiency. This integration marks a major shift in the sport's technological landscape.

Due to Middle East conflict disruptions, Singapore is sourcing additional LNG from global markets. Authorities are centralizing procurement via Singapore GasCo while pursuing a diversified energy mix, including renewable imports, to stabilize power supply against rising costs.