Southeast Asia is a “strategic winner” from supply chain shifts and capital reallocation, highlighting the region’s resilience, according to United Overseas Bank Ltd..

Singapore’s economy is on track to outperform the government’s own full-year growth forecast as global demand for artificial intelligence-related electronics continues to offset geopolitical headwinds.

Artificial intelligence could reshape the jobs of nearly 80 million people across Southeast Asia, but there is little sign it has led to large-scale employment cuts, according to the International Labour Organization.

Malaysia will likely hold its benchmark interest rate on Thursday and signal a possible hike later this year as the artificial intelligence boom drives faster-than-expected economic growth.

Economic growth across Asia is expected to remain subdued despite a modest improvement in outlook, as lingering disruptions from the conflict in the Middle East continue to weigh on supply chain and production costs, according to the Asian Development Bank.

Singapore is looking to tighten enforcement and increase penalties for traffic violations as road fatalities in the city-state climbed.

Pritam Singh kept his role as leader of Singapore’s main opposition Workers’ Party after a special vote by cadres following his convictions for lying to a parliamentary committee.

Singapore will likely hold monetary policy at its meeting next month and consider further moves later in the year after weaker-than-expected inflation data for May, according to economists.

Singapore’s core inflation rate was unchanged last month, even as the Middle East conflict had pushed up global prices of energy and fertilizer.

Singapore’s electronic exports last month rose by the most on record on robust global demand for artificial intelligence-related equipment.

Singapore’s electronic exports last month rose by the most on record on robust global demand for artificial intelligence-related equipment.

Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.

Singapore Prime Minister Lawrence Wong warned that the economy has yet to feel the full impact of the Middle East conflict, and uncertainty remains over the growth outlook despite a strong performance in the first quarter.

Economists lowered their forecasts for Singapore’s economic growth and raised inflation expectations, according to the latest Bloomberg News survey conducted June 2-5.

Koh Poh Koon, who stepped down as Singapore’s senior minister of state for manpower and health for family reasons, is returning to the healthcare industry as a surgeon.

The head of Singapore’s Workers’ Party, the city-state’s main opposition block, faces a party leadership vote later this month after he was reprimanded for lying to a parliamentary committee, Channel News Asia reported Monday.

Southeast Asia’s manufacturing sector snapped a three-month slowdown in May, as a surge in domestic demand helped offset a downturn in exports.

Singapore’s wage growth is expected to moderate this year as companies adopt a measured approach with heightened geopolitical tensions and inflation risks.