Policy
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Agentic AI Outpacing Banking Governance in Singapore, Deloitte and Gartner Warn
Singapore's financial institutions are racing to deploy artificial intelligence across fraud detection, payments, and customer service, but governance frameworks are struggling to keep pace as autonomous AI systems move deeper into core banking operations, according to fresh warnings from Deloitte and Gartner.
Singapore to Invest in AI Public Goods as 2027 ASEAN Chair, Teo Announces at Jakarta Summit
Singapore will increase investment in shared artificial intelligence public goods when it assumes the ASEAN chairmanship in 2027, Minister Josephine Teo announced at the Asia Economic Summit in Jakarta.
Singapore's S$48M Scheme Helps Media Firms Adopt AI and Create Digital Content
Singapore's Infocomm Media Development Authority (IMDA) has launched a S$48 million (US$37.3 million) programme to help media companies create digital content and adopt artificial intelligence workflows.
Singapore Takes First Steps on 'Nutrition Label' for AI Apps
Singapore is developing a voluntary 'nutrition label' framework for AI applications that would require service providers to disclose what their AI-enabled products can and cannot do. Minister for Digital Development and Information Josephine Teo announced the initiative at the Asia.
Why Singapore's AI Lead May Also Be Its Biggest Security Risk
Singapore's aggressive push to become a global AI hub has a blind spot, and the 2026 Verizon Data Breach Investigations Report makes it impossible to ignore. Drawing from over 31,000 security incidents and 22,000 confirmed breaches across 145 countries, the report identifies four threat.
Return on AI Investments Uncertain as Costs Mount, MAS Chief Warns
MAS Managing Director Chia Der Jiun has warned that returns on AI investments are uncertain while energy and chip costs climb, as global tech giants pour unprecedented billions into AI buildout. His remarks at the Lujiazui Forum represent one of the sharpest central bank warnings on AI over-investment risk.
Choose Value Over Origin: Josephine Teo Calls for Pragmatic AI Strategy
Minister Josephine Teo redefines AI sovereignty as choosing value over origin, outlining a pragmatic framework for Singapore's AI scale-up at the Asia Economic Summit. She confirms voluntary 'nutrition labels' for AI apps and champions 'small AI' for inclusivity.
NTUC Pushes Worker Protections as AI Reshapes Singapore's Job Market
NTUC President K. Thanaletchimi tells the ILO in Geneva that workers facing AI's biggest risks must not be left behind, as Singapore launches the Tripartite Jobs Council to discuss AI's job impact before major changes occur. Women, younger and older workers flagged as vulnerable groups.
PUB Invests S$12M in Water Efficiency for Singapore's AI Data Centres and Chip Fabs
Singapore's national water agency PUB is channelling S$12 million into developing water-saving solutions for wafer fabrication plants and data centres, the two industries most critical to the city-state's AI ambitions. Deputy Prime Minister Gan Kim Yong announced the funding at Singapore International Water Week, tying water security directly to AI infrastructure resilience.
Singapore's Agentic AI Boom Risks Stalling Without Enterprise Readiness
Singapore is betting big on agentic AI — the government has set a target of training 40,000 tech professionals in the field by 2029 — but a sobering reality check is emerging from enterprise trenches. A widely cited MIT Sloan finding shows that 95 per cent of AI pilots never reach.
Singapore to Drive Regional AI Adoption and Cross-Border Data Flows as 2027 ASEAN Chair
Singapore will use its 2027 ASEAN chairmanship to push wider AI adoption and cross-border data flows across Southeast Asia, with Minister Josephine Teo urging a collective regional approach over narrow AI sovereignty, backed by shared tools like the SEA-LION language model and the upcoming Digital Economy Framework Agreement.
Agentic AI dominated ATxSummit — and trust was the main agenda
This year's ATxSummit in Singapore shifted the AI conversation from raw capability to accountability, as governments and industry grapple with autonomous agentic systems that can book appointments, execute workflows, and make decisions without constant human oversight in multi-agent environments.