Gan Kim Yong
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financeSingapore Accelerates S$500 CDC Voucher Disbursement Amid Global Economic Uncertainty
Singapore advances S$500 household vouchers to June 11, costing S$700 million. Deputy PM Gan Kim Yong cites Middle East conflict risks and inflation concerns as key drivers for early fiscal support.
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techApplied Materials Invests $500 Million in Singapore Expansion to Fuel AI Chip Demand
Applied Materials opens a new $500 million facility in Singapore, creating 1,000 high-skilled jobs to support global AI semiconductor manufacturing and R&D operations.
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financeDBS Service Disruption Linked to Erroneous System Change
Singapore's Deputy Prime Minister reveals an 'erroneous step' during a system change caused the March 19 DBS service disruption, impacting customer balances and payments.
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techSingapore Launches AI Champions Program for Business Transformation
Singapore introduces the Champions of AI initiative to embed artificial intelligence across businesses, driving productivity, innovation, and revenue growth for participating companies.
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worldSingapore Reassesses Economic Outlook Amidst Iran Tensions
Singapore's government is closely monitoring the situation in Iran and its potential impact on global energy prices and the domestic economy. GDP and inflation forecasts may be adjusted.