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21.01.26 - 14:31
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China-founded Shanda′s AI lab boosts Singapore operation, pulling research from China (SCMP)
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Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge of the matter, raising comparisons to artificial intelligence start-up Manus' pull-out from China last year.
Those actions came amid Sunday's reorganisation announcement by Shanda and Singapore-based MiroMind, which said its research on artificial general intelligence (AGI) and fundamental......
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21.01.26 - 04:00
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Why all eyes are on the Johor-Singapore Special Economic Zone (SCMP)
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Special economic zones (SEZs) have long powered global growth by offering pro-business policies, streamlined regulations and infrastructure tailored to investors' needs. Now, Southeast Asia is preparing to welcome a new high-profile entrant: the Johor-Singapore SEZ (JS-SEZ), a cross-border initiative announced in 2024 to deepen Malaysia-Singapore integration.
For the JS-SEZ to succeed, strong execution is key, with financial institutions like UOB playing a central role. The bank is set to......
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16.01.26 - 10:54
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HSBC reviews Singapore insurance unit amid focus on high growth in Hong Kong, China (SCMP)
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HSBC Holdings' exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts.
“It makes sense for HSBC to consider an exit from Singapore's insurance market to focus on Hong Kong and mainland China, as so many mainlanders are coming to Hong Kong to buy insurance products here,” said Kenny Tang Sing-hing, chairman of the Hong Kong Institute of......
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