Singapore doubles down on AI

Also, inflation unlikely to reaccelerate in the near term

Author

Anand Srinivasan
May 28, 2025

Top Stories Today:

  • Inflation unlikely to reaccelerate in the near term

  • Singapore doubles down on AI

  • Singapore Port average waiting time now up to 1.5 days

Inflation unlikely to reaccelerate in the near term

  • 2025 Headline inflation expected at 1.6%, core inflation at 1.1%

  • Core inflation for April: 0.7% (March was at 0.5%)

  • Reasons for subdued inflation:

    • Softening global demand

    • Easing commodity prices

    • Strong Singapore dollar

  • Current pool of AI professionals in Singapore: 6000

  • 400 new AI training centers expected in 3 years

  • 500 new AI projects expected to benefit 1000 enterprises

  • Training delivered through AI Apprenticeship Programme (AIAP)

  • Worst hit ports are Shanghai, Qingdao, and Singapore.

  • Waiting time is between 12 to 36 hours

  • Two reasons: changes in vessel deployments due to US tariffs, and and delays at upstream ports

  • Blackpink is a K-POP band with significant following among 13-17 year old fans, as well as among the 18-24 year old adults. 

  • 66% to 90% of their fanbase is female

  • Concert organizer (for partnership/sponsorship enquiries): Live Nation Singapore. 

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