PRE-MARKET SINGAPORE STOCK NEWS: Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan
Singapore's commitment to invest SGD 37 billion in tech and AI over the next five years signals a strong push towards innovation, which could enhance its economic competitiveness.
PBoC sets USD/CNY mid-point at 6.9398 vs exp. 6.9045 (Prev. 6.9457)
Japanese PM Takaichi's advisor Honda suggests the BoJ may consider raising interest rates later this year, but noted the unlikelihood of a hike in March
PRE-MARKET SINGAPORE STOCK NEWS: Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan
BoK Governor Rhee and South Korean Finance Minister Koo said to strengthen bond market monitoring
Apple (AAPL) wins long-running court battle against Optus regarding 4G patents in the US, according to Electrek
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iFast (AIY GY) - Co. Q4 (SGD) net rose 70.4% Y/Y to 32.9mln, rev. rose 47.5% Y/Y to 151.7mln. (Business Times)
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Singapore PM Wong confirmed in his Budget speech on Thursday that the government will invest SGD 37bn in tech and AI incentives for businesses under the five-year Research, Innovation and Enterprise 2030 plan.
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US and Taiwan signed a reciprocal trade agreement with Taiwan to eliminate or reduce 99% of tariff barriers on US goods, while the US confirmed a 15% tariff rate on Taiwanese goods. (Newswires)
This investment is likely to attract foreign capital and could invigorate local tech sectors, impacting equities and currency performance in the region.
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