LibGuides: 💼Guide for SB: ST News & Other Industry News (2025)

Joint Press Release on the SINGAPORE ECONOMIC RESILIENCE TASKFORCE (SERT)
On 8 April 2025, Prime Minister Lawrence Wong announced that the Government would set up a Taskforce chaired by Deputy Prime Minister (DPM) and Minister for Trade and Industry Gan Kim Yong, to help businesses and workers navigate the immediate uncertainties arising from the US tariffs and related. global developments, strengthen our resilience, and position Singapore to thrive in the new economic landscape.

2025 Global Human Capital Trends
Control or empowerment? Stability or agility? Automation or augmentation? Today’s leaders are facing complex choices across work, workforce, and organizational culture. But they don’t have to be either/or choices. This year’s report aims to help leaders find traction in the tensions—and the right balance to support both business and human outcomes.

This year’s report aims to help leaders gain traction amid the tensions, exploring some key questions about which they will likely be expected to make important choices in the near future, including:
- How do I ensure the right work is being done, and in an optimal way?
- How do I access, develop, and motivate the necessary workforce?
- Do I have the right organization and culture to enable performance?

[WorldPay]: The Global Payments Report
9th ed. 2024
More than 70 per cent of Gen Z people in Singapore used “buy now, pay later” (BNPL) services in 2024, the highest percentage among all age groups, according to a 2024 report by payment processing firm Worldpay.

Read:
Youth in S'pore buying into 'buy now, pay later' services: Report, 1 Feb
Global Entrepreneur Report 2025 [UBS]
This report shows that entrepreneurs see the huge potential of artificial intelligence (AI) but also expect to continue to invest in their workforce. This balanced approach suggests a future where AI complements human talent, fostering innovation and growth

Skills Demand For The Future Economy Report 2025
SkillsFuture Singapore (SSG) has recently released the Skills Demand for the Future Economy (SDFE) Report 2025, providing crucial insights into Singapore's evolving job market. It analyzes five years of job posting data from 2019 to 2023 to understand changes in job requirements for skills and the use of digital applications and tools.

This fourth edition of the annual report focuses on in-demand skills in three growth economies: Care, Green, and Digital. The key points in the report include:
• Priority Skills
• Creative Industries
• Apps and Tools
• Consistent high demand skills
TAC Sector Transformation Map
The TAC Sector Transformation Map (STM) seeks to empower businesses to thrive and pave the way for sustainable growth in a fast-changing world. It focuses on strengthening the TAC sector to better support the wider business community, especially SMEs, in their transformation and growth efforts.

Sustainability & Climate Change (2025)

S'pore looking to buy its first set of nature-based carbon offsets, 29 Mar

Singapore project to cultivate rice sustainably wins WEF award, 24 Mar

Funds being set aside to help future generations tackle climate change, 22 Mar

Islandwide cooling spaces part of Singapore's heatwave response plan, 20 Mar

First solar-powered electric boats to ply Singapore River by April, 18 Mar

Climate action envoy tells firms to prepare early for transition, 18 Mar

Climate of opportunity for Asia as Trump freezes green policies, 12 Mar

Review finds progress in climate reporting by S'pore-listed firms, 11 Mar

Debate on ministries' budgets: Trade and Industry; S'pore could buy its first set of carbon credits in 2025; MTI to call for proposals, 7 Mar

Reducing carbon emissions not only healthy for planet, but can also fuel economic growth: SM Teo, 28 Feb

Price of sustainability, 18 Feb

Singapore releases new emissions targets under Paris pact for 2035, 11 Feb

Heat-reflective paint initiative to be rolled out to all HDB estates by 2030, 4 Feb

Sustainability still critical despite pullbacks by US banks: DBS, 31 Jan

Global sea levels may rise by up to 1.9m by 2100: NTU study, 28 Jan

Govt to continue green budgeting approach and set aside funds for climate adaptation, 24 Jan

Helping SMEs go green among the first major initiatives of PAP's new climate action group, 22 Jan

Need to protect future generations drives support for net-zero goal: Poll, 21 Jan

Singapore sets out plans to meet 2030 climate targets, 20 Jan

Only 1 in 4 of region's listed firms finds nature-related issues material, 16 Jan

Sustainability reporting will pay off for S'pore companies in the long run: Experts, 1 Jan

AI News & Insights (2025)

Think before you jump on the viral Ghibli AI trend, 12 Apr

Software engineer salaries in S'pore rebound, but pay for AI roles shrinks, 9 Apr

S'pore, tech platforms gear up to counter cyber threats for GE2025, 29 Mar

ST Headstart: The pros and cons of a mid-career travel break, 26 Mar

US firm specialising in deepfake detection among 10 chosen for global growth scheme, 26 Mar

Minor Issues; The great AI job disruption has started, here is how we can respond, 24 Mar

HOW TO USE AI THE RIGHT WAY, 24 Mar

S'pore AI firms urged to develop real-world solutions to attract funds, 21 Mar

Gen AI training for workers and the public to improve productivity, literacy, 8 Mar

Life Experience; AI d for the week, 2 Mar

Experiencing China: Soft power of DeepSeek, China Chic and C-wave, 2 Mar

Singapore to press on with large-scale applied AI push: DPM Heng, 28 Feb

Minor Issues; Help your child get through the door of AI hiring, 24 Feb

What DeepSeek’s Success Says About China’s Ability to Nurture Talent, 11 Feb

Malaysia to set strict water rules for data centres as demand grows, 11 Feb

Domestic AI race in China intensifies as citizens go gaga over new chatbot, 9 Feb

Firms in Singapore eye DeepSeek benefits, but cautious about data security risks, AI biases, 9 Feb

New AI bot designed to ease hassle of home-buying process, 7 Feb

Data centre euphoria starts to ebb after DeepSeek's emergence, 4 Feb

A cheeky Chinese upstart sparks a deep seek in America's AI industry, 2 Feb

S'pore draws scrutiny amid US probe into DeepSeek over Nvidia chip purchases, 1 Feb

India joins global race to develop AI models, 1 Feb

[Deloitte]: State of Generative AI in the Enterprise Q4 2024
Overall trends include:
1. Investment in GenAI increased throughout the year
2. Efficiency and productivity remained the most sought-after benefits, with 40% achieving these to a large or very large extent.
3. Regulatory uncertainty and risk management were persistent barriers to adoption.
4. The most successful benefit areas included uncovering new ideas and insights (46%) and encouraging innovation and growth (45%)