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The Latest Breaking News from Singapore

Maharashtra's economy to surpass those of Singapore, UAE in 2 to 3 years: Devendra Fadnavis

Maharashtra's economy is set to outpace Singapore and the UAE within two to three years. Chief Minister Devendra Fadnavis highlighted rapid growth in innovation, artificial intelligence, and infrastructure as key drivers. The state is already the world's 30th largest economy and aims for a $1 trillion economy by 2030. Technology…

The Economic Times

SingHealth Receives International Awards for Healthy Ageing and Population Health Initiatives

SINGAPORE, May 22, 2026 /PRNewswire/ -- The World Health Organization (WHO) has conferred SingHealth the His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Prize for the Promotion of Healthy Ageing, an international accolade established by the State of Kuwait Health Promotion Foundation. This award honours outstanding contributions to research, health promotion,…

Digital Edge Successfully Closes First US$575 Million HoldCo Loan to Accelerate Growth Across Key Asia-Pacific Markets

SINGAPORE, May 22, 2026 /PRNewswire/ -- Digital Edge today announced the successful closing of its inaugural US$575 million holding company ("HoldCo") financing, marking a significant milestone in the company's continued evolution as one of Asia-Pacific's leading digital infrastructure platforms. The proceeds from the facility will support the continued...

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Singapore International Festival of Arts gets theatrical with this weekend's shows

Visitors are invited to three stage performances today and throughout this weekend at the Singapore International Festival of Arts (SIFA).

Building AI-Ready Enterprises: New Initiatives to Drive AI Deployment at Scale and Strengthen Digital Resilience

SINGAPORE, May 21, 2026 /PRNewswire/ -- As enterprises accelerate AI adoption, the challenge is shifting from experimentation to secure deployment at scale. Many businesses continue to face technical barriers, operational complexity, and rising cybersecurity threats as they move from pilots to implementation. More than eight in 10 organisations experienced at…

K25.ai, Led by Tech Veteran Andy Cheung, Eyes Public Listing as World's First Prediction Market After $100M Valuation Investment from Nasdaq-Listed Strategic Partner

SINGAPORE, May 21, 2026 /PRNewswire/ -- K25.ai, an APAC-focused AI-native live streaming and watch-to-predict platform, today announced the closing of a US$100 million-valued Pre-A strategic investment round led by NewGenIVF Group Limited (Nasdaq: NIVF) ("NewGenIVF" or "NIVF"), together with an exclusive APAC agency partnership.

Singapore reports nearly 60% surge in weekly new COVID-19 cases

Singapore recorded a significant rise in COVID-19 cases. New infections jumped by over 58 percent in a week. Hospital admissions also saw an increase. Authorities noted that periodic waves are expected. The current dominant variant is not more severe. Vaccination remains effective. Vulnerable groups are urged to get vaccinated. Public…

The Economic Times

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Meta employee laid off after 10 years shares heartbreaking post: ‘Yesterday I was training a new engineer, today I lost my job’

Meta employee laid off after 10 years shares heartbreaking post: ‘Yesterday I was training a new engineer, today I lost my job’

A Meta employee in Singapore, Gary Tay, shared his emotional experience of being laid off after nearly a decade, having trained his replacement the day before. His viral post highlighted the shift towards AI, stating, "AI is here to stay, apparently the human isn't." Meta is restructuring, integrating AI and…

The Economic Times

Travel Passions and Local Behaviors are Reshaping Hotel Loyalty Across Asia Pacific Excluding China, New Marriott Bonvoy Report Finds

SINGAPORE, May 21, 2026 /PRNewswire/ -- Loyalty engagement across Asia Pacific excluding China (APEC) is entering a more complex and mature phase. The new Loyalty Trends Report 2026 by Marriott Bonvoy finds that while 89% of travelers across APEC participate in at least one loyalty program, how they engage is…

LG ELECTRONICS BRINGS KOREA'S HOUSEWARMING CULTURE TO SOUTHEAST ASIA

SINGAPORE, May 21, 2026 /PRNewswire/ -- LG Electronics (LG) today announced the launch of "Housewarming by LG", a regional experiential marketing campaign designed to bring Korea's signature housewarming culture to Southeast Asian consumers. The campaign kicked off on May 19 at Another Saigon, a brand experience venue in Ho Chi…

Singapore Court of Appeal Notes No Finding of Fraud Against KBP or Dr. Huang; Dispute with Novo Nordisk Undergoing Arbitration Proceedings

SINGAPORE, May 21, 2026 /PRNewswire/ -- KBP Biosciences Pte. Ltd. (the "Company" or "KBP") today issued a statement addressing the decision by the Singapore Court of Appeal to maintain the temporary injunction against the Company and its founder, Dr. Huang Zhenhua ("Dr. Huang"), pending final resolution of the arbitration proceedings…

Blackstone pledges entire Mphasis stake to refinance loan

Blackstone pledges entire Mphasis stake to refinance loan

Singapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with a fresh facility of up to $550 million from a consortium of global lenders.

The Economic Times

Agoda Survey Reveals Growing Interest for Experiences that Protect Nature and Support Local Communities

SINGAPORE, May 21, 2026 /PRNewswire/ -- Digital travel platform Agoda's 2026 Sustainable Travel Survey reveals a growing interest in travel experiences that create meaningful connections and tangible impact on local communities. In Asia, 35% of travelers express a desire for more tours and experiences that protect the environment and support…

The Secret Crypto Boom Wall Street Is Completely Ignoring

The Secret Crypto Boom Wall Street Is Completely Ignoring

This week's Visionary Voices continues our conversation with Eric Annan, founder of AYAHQ, on why real crypto utility isn't being built in New York or Singapore. It's being built in Accra, Nairobi, and Lagos.

International Business Times

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The Economic Times

Singapore in talks with tech firms about adding 'nutrition labels' to AI products

Singapore is planning to introduce "nutrition labels" for AI products. These labels will inform users about intended uses and limitations. This initiative aims to guide consumers on correct AI usage. Singapore is also developing testing frameworks for AI products. The country is becoming a key hub for AI development, attracting…

Singapore Deepens AI Ecosystem with Global Collaborators to Accelerate Real-World Deployment

SINGAPORE, May 20, 2026 /PRNewswire/ -- At ATxSummit 2026, hosted by the Infocomm Media Development Authority of Singapore (IMDA), Minister for Digital Development and Information Mrs Josephine Teo unveiled new global partnerships and initiatives to strengthen Singapore's position as a leading AI hub. These announcements mark a shift from exploring…

Grab bets on new delivery robots to fix Singapore’s 'supply-constrained markets' and solve the last-mile problem

The Southeast Asian tech company will launch a pilot of its first delivery robot in Singapore’s Punggol district in late 2026.

Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India

SINGAPORE, May 20, 2026 /PRNewswire/ -- Marriott International, Inc. today announced landmark dual milestones for The Fern Hotels & Resorts, Series by Marriott in India - 75 hotels have now been signed under the brand's founding collaboration with Concept Hospitality Private Limited (CHPL), while 50 of those properties are already…

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BIT Expands Regulatory Footprint with BVI FSC Approval for Matrixport Technologies Ltd

SINGAPORE, May 20, 2026 /PRNewswire/ -- BIT today announced that Matrixport Technologies Ltd has received approval from the British Virgin Islands Financial Services Commission for a SIBA Investment Business Licence, Category 2 – Arranging Deals in Investments, and a Virtual Asset Service Provider registration under the BVI Virtual Asset Service…

International Business Times UK

Meta First Asked Employees to Work From Home — Then Sent Cold Layoff Emails at 4 AM: Internal Memo Leaked

Meta began cutting 8,000 jobs on 20 May, sending termination emails at 4 a.m. in Singapore. A leaked memo ties the layoffs to its $145 billion AI pivot.

GHO Capital and CBC Group to Create World's Largest Dedicated Healthcare Investment Firm

LONDON and SINGAPORE, May 20, 2026 /PRNewswire/ -- Global Healthcare Opportunities ("GHO"), a European specialist healthcare investor, and CBC Group ("CBC"), an Asian healthcare-focused asset manager, today announced they have signed a definitive agreement to create the world's largest dedicated healthcare investment manager, with over USD 21 billion in AUM.…

The Economic Times

Singapore urges financial firms to use AI to create better jobs

Singapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus should be on creating better jobs and training workers for advanced roles. This approach aims to enhance competitiveness and benefit the workforce. Singapore is positioned as a leading AI financial hub.

The Economic Times

Meta begins 8,000 global job cuts in Asian hub of Singapore

Meta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while simultaneously investing heavily in artificial intelligence. This latest round of cuts primarily impacts engineering and product teams, with some workers are being reassigned to new AI-focused initiatives.

Agoda: Malaysian travelers are making travel in 2026 more value-led, 63% open to lesser-known destinations for lower costs

SINGAPORE, May 20, 2026 /PRNewswire/ -- Digital travel platform Agoda has revealed that value is emerging as an important factor in how Malaysians travel in 2026, influencing everything from accommodation choices to destination planning. According to Agoda's 2026 Travel Outlook Report, 63% of travelers are willing to consider lesser-known destinations…

Autonomous AI marketing platform Protaigé launches with Maia, the world's first AI Account Director that operates within the flow of work

SINGAPORE, May 20, 2026 /PRNewswire/ -- Protaigé announced the public launch of Maia, the world's first AI Account Director, designed to work inside the channels marketers already use - email, WhatsApp, Slack, and video meetings. Marketing teams face mounting pressure to deliver always-on, multi-channel output at a pace traditional models…

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