Singapore

Indonesia targets $30B clean power exports to Singapore by year-end. Grab is boosting product development using AI, but experts caution that rapid corporate AI adoption must be matched by robust governance frameworks. SIA Engineering expects only moderate impact from the Middle East war.

Singapore's national accountancy body established a task force to overhaul the financial reporting ecosystem. The group aims to improve how companies communicate their financial performance, business risks, and long-term value creation to investors and stakeholders.

A Singaporean man was sentenced to jail for sending pork slices and harassing letters to seven mosques. Upset over his job contract, he targeted a woman he blamed, an act the court deemed deeply offensive and inflammatory.

Private banks in Singapore are expanding beyond traditional wealth management. They now offer holistic lifestyle services, including advanced healthcare access, wellness programs, and education planning. This shift addresses the long-term, comprehensive needs of high-net-worth clients.

A water-pipe leak in Yishun caused significant flooding, impacting about 25 shops near Block 101 on May 10. PUB successfully completed clean-up and repairs on May 11, confirming no disruption to local water supply for residents and businesses.

Shanmugam warned critical service operators must urgently raise defenses against sophisticated, AI-powered cyberattacks. He stressed that board-level responsibility is needed across all sectors to counter advanced threats and adopt defensive AI tools.

Singapore tightened EC rules to curb price inflation and speculative flipping. Tourism hit a record S$32.8 billion in 2025. Meanwhile, Malaysia’s manufacturing sector faces stress from the Middle East crisis. Global e-commerce trade saw new agreements among WTO members.

Experts confirm that hantavirus risk in Singapore is very negligible. The virus does not spread easily between people. Authorities emphasize that robust public health measures and isolation protocols ensure the country remains well-prepared against potential outbreaks.

The Singapore Food Agency (SFA) ordered a recall for "Wing Sang Wholesale" American Fig. The product was found to contain undeclared sulphur dioxide, violating food labeling rules. Consumers with allergies should seek medical advice immediately.

Parliament approved shifting Singtel's discounted shares (SDS) to direct ownership, ending the CPF Board’s trustee role. This allows holders to manage their assets directly via CDP accounts, providing greater flexibility for investors.

IMDA plans to upskill 40,000 tech professionals over three years amid AI disruption. The National AI Impact Programme will provide technical and responsible AI skills via initiatives like AIxTech, ensuring relevance through strategic industry collaboration with Workforce Singapore.

Parliament passed amendments allowing companies to dual list on SGX and Nasdaq via a new Global Listing Board. This aims to streamline compliance, reduce costs, and boost Singapore's stock market appeal by attracting quality international listings.