Daily Debrief: What Happened Today (Jun 26)

Stories you might have missed

Chip players in Singapore ride AI wave to bump up investments in semiconductor ecosystem

[SINGAPORE] Economies such as South Korea and Taiwan may have been in the news over at least the last 18 months for benefiting from demand for hardware that powers artificial intelligence applications.

AI reshaping and creating Singapore jobs, but lack of experience a hurdle for fresh grads

[SINGAPORE] OpenAI is hiring more than 200 people in Singapore. But nearly all the roles require at least five years of experience.

New SGX, MAS equities panel to keep up pace of market revival

[SINGAPORE] Stepping up outreach and communication will be among the key priorities of the newly formed Equity Market Implementation Committee (EMIC) as it oversees the measures to revive Singapore’s equities market.

Singapore factory output rises 13% in May, misses forecasts

[SINGAPORE] Factory output rose 13 per cent year on year in May, missing expectations and easing from April’s revised 16.5 per cent growth, data from the Economic Development Board showed on Friday (Jun 26).

Morgan Stanley sees US$5.5 trillion Asia energy investment boom driven by AI, energy security

[SINGAPORE] Asia is on the cusp of a US$5.5 trillion energy investment supercycle over the next five years, as companies and governments ramp up spending to bolster energy security and meet artificial intelligence-driven energy needs, according to Morgan Stanley.

Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses

[SINGAPORE] Singapore-founded Ohmyhome Ltd has sold its main real estate brokerage business and will now focus entirely on digital marketing. The property businesses will continue to run privately and its leadership under sisters Race and Rhonda Wong will remain unchanged.