Senior Minister Lee Hsien Loong (left) meeting with Chen Gang, secretary of the Communist Party of China of the Guangxi Zhuang Autonomous Regional Committee, at Nanning's Liyuan Resort on May 19.

China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee

He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes

Nuclear power: Singapore to undertake IAEA review on decision-making ability

Singapore will openly share the findings of the review, including information on risks and challenges, PM Lawrence Wong says.

Safety will always be the ‘overriding’ priority in Singapore’s consideration of nuclear power, says PM Wong

Global bond sell-off threatens turmoil in weakest Asian economies

Bank Indonesia has already been buying up long-term bonds while selling short-term paper to lure more inflows to underpin the currency.

The jump in US yields has intensified pressure across emerging Asia

‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent

The pain started long before US$150 oil

There is only a 28% chance that traffic through the Strait of Hormuz will return to normal by end-June, based on Polymarket prediction.

As flows through Hormuz remain disrupted, weakening currencies and soaring costs are already rippling through Asia

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Singapore

Minister for Digital Development and Information Josephine Teo delivering speaking at the ATxSummit on Wednesday.

Singapore updates national AI strategy, outlining refreshed priorities

Government will help 10,000 enterprises over the next three years to use artificial intelligence meaningfully

Singapore’s first National Adaptation Plan to help firms assess climate risks: Grace Fu

From left: DBS chief sustainability officer Kelvin Wong; DBS institutional banking group head of sustainable finance Shilpa Gulrajani; CBI CEO Sean Kidney; and Minister for Sustainability and the Environment Grace Fu.

It will also focus on identifying gaps in the country’s climate resilience efforts, says the minister

Asian companies to face annual costs of US$336 billion from climate risks by 2030: report

A McKinsey report notes that the region faces a US$25 billion shortfall in funding needed for climate adaptation measures to reach developed-market standards.

Only 20% of these companies have estimated the financial implications of physical climate risk

The Leadership Playbook

The Singaporean turning Vietnam's Techcombank into an AI-first lender

Santhosh Mahendiran believes that Techcombank's ability to hyper-personalise its offerings using data drawn from its ecosystem is a key competitive advantage.

The private bank’s first-ever chief data officer bets on cross-ecosystem data sets, proprietary AI models

The cybersecurity boss who never uses airport Wi-Fi: ITSEC Asia CEO on risk and the weakest link

Patrick Dannacher, president director and CEO of ITSEC Asia, says: “Indonesia’s digital economy is growing very fast, but spending on cybersecurity still lags far behind countries like Singapore.”

Avoiding public Wi-Fi reflects CEO Patrick Dannacher’s risk discipline and how he shaped ITSEC Asia

‘In hospitals, even cleaners are critical’: IHH Group CEO says leadership starts with the people no one sees

Group CEO of IHH Healthcare Dr Nair says: "In a hospital, even cleaners are critical – without them, the system simply cannot function."

Every role matters – empathy, not strategy alone, determines success, says group CEO

Artist's impression of the US$28 billion Red River Scenic Boulevard mega project.

Chasing Seoul’s ‘Han River miracle’: Inside Hanoi’s 736.9 trillion dong Red River bet

The project serves as the centrepiece of a 100-year master plan to redesign the entire capital city of Vietnam

Asean

The rupiah has fallen more than 5% so far this year, making it one of the region’s weakest-performing currencies.

Bets on Bank Indonesia rate hike ratchet up as rupiah hits record low

The central bank last raised its benchmark interest rate in April 2024

Bersama founder Tan Gin Theam (right) hands over a mock registration certificate for the party to Rafizi Ramli (middle) and Nik Nazmi Nik Ahmad on May 17.

Two key allies of Malaysian PM Anwar turn opponents, launch new party

The breakaway renews concerns over whether the prime minister can push through reforms as costs, risks rise

VinFast still faces challenges expanding overseas as well in an increasingly crowded EV market dominated by Chinese rivals.

VinFast seeks to shed most debt with Vietnam factory spinoffs

The company will separate its manufacturing operations into a standalone company

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International

The Morgan Stanley report says that rather than competing purely at the frontier, China is “optimising for speed, cost efficiency and system-level integration", so AI diffuses through the economy.

China’s AI industry transitioning from technology catch-up to value capture: Morgan Stanley

It names top stock picks for the country’s artificial intelligence sector

How Keir Starmer imploded and plunged Britain into more chaos

British Prime Minister Keir Starmer, weakened by personal scandals, fiscal struggles and dismal election results, is facing calls from more than one-fifth of his party to go.

One of Starmer’s longest supporters, Ed Miliband, has urged him to set a timetable to leave office

South Korea says it will pursue all options to avoid Samsung strike

Samsung Electronics’ labour union members at a protest against compensation levels at the firm's semiconductor plant in Pyeongtaek, South Korea, on Apr 23.

The tech giant accounts for nearly a quarter of the country’s exports