The Business Times
Young Zhan Heng

Young Zhan Heng

JOURNALIST

Young Zhan Heng is a journalist with BT, covering telcos, tech and artificial intelligence. Zhan Heng graduated from the National University of Singapore with a degree in data science and economics.

emailzhyoung@sph.com.sg
Currently, Ambiq has 30 employees in Singapore supporting global product development.

Semiconductor firm Ambiq to expand R&D in Singapore, eyes 30 specialised tech hires

This strengthens the Republic’s push to anchor high-value semiconductor research amid rising global demand for on-device AI

John Stewart, chief executive officer of Digital Core Reit's manager, says Singapore and Japan are potential growth targets.
TOPLINE

Digital Core Reit pivots to ‘offensive’ strategy, targets doubling asset base in 3 years

Its manager looks to capital recycling and sponsor-backed deals to scale

Photo: Developed by ST Engineering TeLEOS-1 is Singapore's first commercial earth observation satellite.

Watch this space: Analysts upbeat on Singapore’s new space agency, but see no near-term lift for stocks 

ST Engineering and local telcos are among the expected potential beneficiaries

H2 revenue stood at S$1.2 billion, down 3.1 per cent on the year from S$1.3 billion in the previous corresponding period.

StarHub H2 net profit more than halves to S$38.5 million; guides lower earnings in FY2026

It declares a total dividend of S$0.06 a share for FY2025

Speaking at the launch of the State of AI in Southeast Asia report on Wednesday (Feb 11), Minister for Digital Development and Information Josephine Teo likened the current wave of AI adoption among individuals to assembling flat-pack furniture.

Firms must move beyond AI ‘Ikea moment’ as most remain stuck in experimental stage: Josephine Teo

While there is high enthusiasm for artificial intelligence, more than half of South-east Asian companies remain in the piloting stage, says a...

However, Lee Chew Chiat, government and public services industry leader at Deloitte South-east Asia warns that for Singapore to make the most out of the investment, it will need to address concerns such as electricity consumption and water efficiencies when companies build data centres and use or develop AI models.

Singapore should make targeted ‘big bets’ to stretch S$1 billion AI investment, say analysts

This could be done by identifying high-growth projects and companies, and then increasing investments there strategically

As business transformation is picking up pace, workforce transformation will also need to keep up with the needs of the businesses, said Senior Minister of State for Manpower and Health Koh Poh Koon .

Grab to equip 10,000 drivers, merchants with AI skills by 2028

This aligns with efforts by policymakers to future-proof workers as artificial intelligence reshapes business models and jobs

The results show “the resiliency of our business”, said John Stewart, chief executive of the Reit’s manager

Digital Core Reit’s H2 DPU flat at US$0.018, seeks to maintain distributions in FY2026

Revenue for the second half is up 61.6% year on year at US$87.3 million

Under its belt, STT GDC has more than 100 data centres worldwide in 12 different countries – including Singapore, Germany and Malaysia. It has a total IT load of 2.3 gigawatts.

Analysts see KKR-led STT GDC deal accelerating Singtel’s push to digital infrastructure

The deal positions the telco as one of Asia-Pacific’s largest data centre players

Slightly over half of respondents in Singapore surveyed by Deloitte say that AI has enhanced their decision-making and provided data-driven insights.

Over 70% of Singapore firms plan to deploy agentic AI by 2028: Deloitte

Only 14% of business leaders in the Republic are currently deploying such models, report finds

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