Daily Debrief: What Happened Today (May 19)

Stories you might have missed

From ‘show me your code’ to ‘show me your agent’: DBS CEO Tan Su Shan on how agentic AI is transforming the bank

[SINGAPORE] DBS is reframing banking with agentic artificial intelligence, and maintaining an organisational culture open to change will be crucial for success, said its CEO Tan Su Shan.

Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships

[SINGAPORE] Undergraduates who want to apply artificial intelligence beyond the classroom can now work on real-world finance projects under a new three-month programme involving 20 financial institutions.

SQ321 final report: Radar issue may have left SIA pilots blind to severe turbulence

[SINGAPORE] The fatal SQ321 Singapore Airlines (SIA) flight in May 2024 may have flown into severe turbulence after the jet’s weather radar possibly failed to display a rapidly forming storm cloud, said Singapore’s transport safety regulator.

StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally

[SINGAPORE] Standard Chartered will continue to hire relationship managers in Singapore, despite plans to reduce its global headcount.

Think hard about embracing the new CPF life-cycle investment scheme 

FOLLOWING the Monetary Authority of Singapore’s Equity Market Development Programme, where fund managers are allocated funds to invest in the local bourse, Singapore stocks could see huge liquidity inflow from the launch of the new Central Provident Fund (CPF) life-cycle investment scheme in 2028.

Nuclear power gets a philanthropy boost with new coalition by Temasek Trust, The Rockefeller Foundation

[SINGAPORE] Temasek Trust and The Rockefeller Foundation have formed a coalition to attract philanthropic capital for nuclear power – as the clean energy source experiences a surge of interest across the world.