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Four SGX-Listed Companies Riding the Global AI Semiconductor Boom
AEM Holdings, UMS Integration, Frencken Group, and Micro-Mechanics are emerging as Singapore's key beneficiaries of the AI semiconductor boom, supplying critical testing equipment, precision components, and consumable tooling to the global chip supply chain. Unlike US AI stocks, these SGX-listed companies also pay fully tax-free dividends under Singapore's one-tier system.
Singapore's Aiteaic Launches AI Tongue-Scanning TCM Wellness Platform
Singapore healthtech company Aiteaic has unveiled an AI-powered Traditional Chinese Medicine wellness system that combines computer vision tongue diagnosis with patented nanobubble extraction technology. The scan-to-cup platform is already rolling out at CHI Innovate 2026 and the Grand Copthorne Waterfront Hotel, with API licensing set to open later this year.
Healthcare AI Symposium 2026 Returns to Singapore on Jul 8-10
The third Healthcare AI Symposium returns to Singapore from July 8-10 at One Farrer Hotel, convening over 350 healthcare leaders to explore AI, MedTech, and digital health systems. Organised by A*STAR, IMDA, and MOH, the event features 30+ speakers including Senior Minister Tan Kiat How as Guest-of-Honour.
Tata Communications Invests $152M in AI-Ready India-Singapore Digital Corridor
Tata Communications is investing US$152 million to expand subsea cable capacity along the India-Singapore corridor, adding 98 Tbps of AI-ready capacity to meet surging demand from AI, cloud, and hyperscaler workloads. The investment includes capacity on the MIST cable system and consortium participation in a new Chennai-Singapore subsea cable.
Qashier Turns Profitable, Raises US$6.125M for AI-Powered Merchant Platform
Singapore-headquartered merchant operating system Qashier has turned profitable and raised US$6.125 million in a Series A+ round, as it scales its unified payments, software, and embedded lending platform across Southeast Asia. The company processes US$1 billion in annual payment volume for over 20,000 merchants.
Olivier Crespin Returns to DBS as Chief Analytics Officer
Olivier Crespin has rejoined DBS Bank as Chief Analytics Officer, tasked with leading the bank's data, analytics, and artificial intelligence strategy. His return signals DBS's deepening commitment to embedding AI at the core of its banking operations, building on the digital banking transformation he helped drive during his earlier tenure at the bank.
Fiserv Taps Personetics to Personalise Digital Banking With AI
Fiserv has integrated Personetics' AI platform into its Experience Digital platform, enabling banks and credit unions to deliver personalised financial guidance by turning customer transaction data into timely, actionable recommendations. The partnership addresses a core challenge facing financial institutions: translating massive amounts of data into real-time value for both consumers and small businesses.
AI and Hiring Slowdown Push Singapore Graduates Into Lower-Paid Traineeships
More Singapore graduates are turning to government-backed traineeships paying as little as S$1,800 a month — less than half the median starting salary — as AI adoption and cautious hiring reduce entry-level opportunities. Applications to the GRIT programme dropped 90% amid low pay and stigma, even as full-time employment rates fell 10 percentage points across universities.
Koh Boon Hwee: AI Means Engineers Must Think Better, Not Code Better
Tech and investment veteran Koh Boon Hwee tells The Business Times that AI will fundamentally reshape software engineering, with coding shrinking to under 5% of an engineer's role while skills like user-needs testing, judgment, and communication become paramount. He warns AI infrastructure investments remain loss-making for investors.
Neurophet Brings AI Brain Imaging Software to Raffles Hospital
Korean AI firm Neurophet has signed a contract to supply its brain neurodegeneration imaging analysis software, Neurophet AQUA, to Singapore's Raffles Hospital via a SaaS model. The deployment marks Neurophet's first expansion into Singapore's private hospital sector after earlier installations at NUS, NTU, and SGH.
Singtel Weighs REIT as Long-Term Funding Option for AI Infrastructure
Singtel is evaluating the formation of a publicly listed real estate investment trust (REIT) or similar permanent capital vehicle to finance its transformation from a traditional telecom into a digital infrastructure and AI services powerhouse.
ATLANT 3D and A*STAR Join Forces to Launch AI-Driven Materials Discovery Hub
Danish deep-tech company ATLANT 3D has signed a Memorandum of Understanding with Singapore's A*STAR Institute of Materials Research and Engineering (IMRE) and the National Additive Manufacturing Innovation Cluster (NAMIC) to establish an Advanced Materials Development Hub — or A-HUB — in Singapore.