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HISTORICAL FACTS: 22 | History Defined

Singapore reports nearly 60% surge in weekly new COVID-19 cases

Singapore recorded a significant rise in COVID-19 cases. New infections jumped by over 58 percent in a week. Hospital admissions also saw an increase. Authorities noted that periodic waves are expected. The current dominant variant is not more severe. Vaccination remains effective. Vulnerable groups are urged to get vaccinated. Public…

The Economic Times

Meta employee laid off after 10 years shares heartbreaking post: ‘Yesterday I was training a new engineer, today I lost my job’

Meta employee laid off after 10 years shares heartbreaking post: ‘Yesterday I was training a new engineer, today I lost my job’

A Meta employee in Singapore, Gary Tay, shared his emotional experience of being laid off after nearly a decade, having trained his replacement the day before. His viral post highlighted the shift towards AI, stating, "AI is here to stay, apparently the human isn't." Meta is restructuring, integrating AI and…

The Economic Times

Travel Passions and Local Behaviors are Reshaping Hotel Loyalty Across Asia Pacific Excluding China, New Marriott Bonvoy Report Finds

SINGAPORE, May 21, 2026 /PRNewswire/ -- Loyalty engagement across Asia Pacific excluding China (APEC) is entering a more complex and mature phase. The new Loyalty Trends Report 2026 by Marriott Bonvoy finds that while 89% of travelers across APEC participate in at least one loyalty program, how they engage is…

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LG ELECTRONICS BRINGS KOREA'S HOUSEWARMING CULTURE TO SOUTHEAST ASIA

SINGAPORE, May 21, 2026 /PRNewswire/ -- LG Electronics (LG) today announced the launch of "Housewarming by LG", a regional experiential marketing campaign designed to bring Korea's signature housewarming culture to Southeast Asian consumers. The campaign kicked off on May 19 at Another Saigon, a brand experience venue in Ho Chi…

Singapore Court of Appeal Notes No Finding of Fraud Against KBP or Dr. Huang; Dispute with Novo Nordisk Undergoing Arbitration Proceedings

SINGAPORE, May 21, 2026 /PRNewswire/ -- KBP Biosciences Pte. Ltd. (the "Company" or "KBP") today issued a statement addressing the decision by the Singapore Court of Appeal to maintain the temporary injunction against the Company and its founder, Dr. Huang Zhenhua ("Dr. Huang"), pending final resolution of the arbitration proceedings…

Blackstone pledges entire Mphasis stake to refinance loan

Singapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with a fresh facility of up to $550 million from a consortium of global lenders.

The Economic Times

Agoda Survey Reveals Growing Interest for Experiences that Protect Nature and Support Local Communities

SINGAPORE, May 21, 2026 /PRNewswire/ -- Digital travel platform Agoda's 2026 Sustainable Travel Survey reveals a growing interest in travel experiences that create meaningful connections and tangible impact on local communities. In Asia, 35% of travelers express a desire for more tours and experiences that protect the environment and support…

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The Secret Crypto Boom Wall Street Is Completely Ignoring

The Secret Crypto Boom Wall Street Is Completely Ignoring

This week's Visionary Voices continues our conversation with Eric Annan, founder of AYAHQ, on why real crypto utility isn't being built in New York or Singapore. It's being built in Accra, Nairobi, and Lagos.

International Business Times

Singapore in talks with tech firms about adding 'nutrition labels' to AI products

Singapore in talks with tech firms about adding 'nutrition labels' to AI products

Singapore is planning to introduce "nutrition labels" for AI products. These labels will inform users about intended uses and limitations. This initiative aims to guide consumers on correct AI usage. Singapore is also developing testing frameworks for AI products. The country is becoming a key hub for AI development, attracting…

The Economic Times

Singapore Deepens AI Ecosystem with Global Collaborators to Accelerate Real-World Deployment

SINGAPORE, May 20, 2026 /PRNewswire/ -- At ATxSummit 2026, hosted by the Infocomm Media Development Authority of Singapore (IMDA), Minister for Digital Development and Information Mrs Josephine Teo unveiled new global partnerships and initiatives to strengthen Singapore's position as a leading AI hub. These announcements mark a shift from exploring…

Grab bets on new delivery robots to fix Singapore’s 'supply-constrained markets' and solve the last-mile problem

Grab bets on new delivery robots to fix Singapore’s 'supply-constrained markets' and solve the last-mile problem

The Southeast Asian tech company will launch a pilot of its first delivery robot in Singapore’s Punggol district in late 2026.

Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India

SINGAPORE, May 20, 2026 /PRNewswire/ -- Marriott International, Inc. today announced landmark dual milestones for The Fern Hotels & Resorts, Series by Marriott in India - 75 hotels have now been signed under the brand's founding collaboration with Concept Hospitality Private Limited (CHPL), while 50 of those properties are already…

BIT Expands Regulatory Footprint with BVI FSC Approval for Matrixport Technologies Ltd

SINGAPORE, May 20, 2026 /PRNewswire/ -- BIT today announced that Matrixport Technologies Ltd has received approval from the British Virgin Islands Financial Services Commission for a SIBA Investment Business Licence, Category 2 – Arranging Deals in Investments, and a Virtual Asset Service Provider registration under the BVI Virtual Asset Service…

Meta First Asked Employees to Work From Home — Then Sent Cold Layoff Emails at 4 AM: Internal Memo Leaked

Meta First Asked Employees to Work From Home — Then Sent Cold Layoff Emails at 4 AM: Internal Memo Leaked

Meta began cutting 8,000 jobs on 20 May, sending termination emails at 4 a.m. in Singapore. A leaked memo ties the layoffs to its $145 billion AI pivot.

International Business Times UK

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GHO Capital and CBC Group to Create World's Largest Dedicated Healthcare Investment Firm

LONDON and SINGAPORE, May 20, 2026 /PRNewswire/ -- Global Healthcare Opportunities ("GHO"), a European specialist healthcare investor, and CBC Group ("CBC"), an Asian healthcare-focused asset manager, today announced they have signed a definitive agreement to create the world's largest dedicated healthcare investment manager, with over USD 21 billion in AUM.…

The Economic Times

Singapore urges financial firms to use AI to create better jobs

Singapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus should be on creating better jobs and training workers for advanced roles. This approach aims to enhance competitiveness and benefit the workforce. Singapore is positioned as a leading AI financial hub.

The Economic Times

Meta begins 8,000 global job cuts in Asian hub of Singapore

Meta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while simultaneously investing heavily in artificial intelligence. This latest round of cuts primarily impacts engineering and product teams, with some workers are being reassigned to new AI-focused initiatives.

Agoda: Malaysian travelers are making travel in 2026 more value-led, 63% open to lesser-known destinations for lower costs

SINGAPORE, May 20, 2026 /PRNewswire/ -- Digital travel platform Agoda has revealed that value is emerging as an important factor in how Malaysians travel in 2026, influencing everything from accommodation choices to destination planning. According to Agoda's 2026 Travel Outlook Report, 63% of travelers are willing to consider lesser-known destinations…

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Autonomous AI marketing platform Protaigé launches with Maia, the world's first AI Account Director that operates within the flow of work

SINGAPORE, May 20, 2026 /PRNewswire/ -- Protaigé announced the public launch of Maia, the world's first AI Account Director, designed to work inside the channels marketers already use - email, WhatsApp, Slack, and video meetings. Marketing teams face mounting pressure to deliver always-on, multi-channel output at a pace traditional models…

ATxSummit 2026 Opens with Shared Regional Ambition to Harness AI for Public Good

SINGAPORE, May 20, 2026 /PRNewswire/ -- ATxSummit 2026, hosted by the Infocomm Media Development Authority of Singapore, officially kicked off this evening with Singapore President Tharman Shanmugaratnam as the Guest-of-Honour at the Opening Gala Dinner at Gardens by the Bay. This year's ATxSummit will bring together government leaders from Asia,…

Why the 137-year-old developer Hongkong Land is reinventing itself—and trying to broaden its focus beyond its home city

Hong Kong currently makes up 60% of Hongkong Land's rental income; CEO Michael Smith, who took over in 2024, wants to get it down to 40%.

Deadly, highly venomous box jellyfish discovered in Singapore is a newfound species

Researchers identified a new species of box jellyfish and recorded a surprising range expansion for the Thai sea wasp after analyzing the morphology and DNA of a handful of jellies in Singapore.

UROVO Recognized as Android Enterprise Gold Partner by Google

SINGAPORE, May 19, 2026 /PRNewswire/ -- In April 2026, UROVO, a global leader specializing in enterprise mobility solutions, officially earned Android Enterprise Gold Partner status. This distinguished achievement highlights UROVO's expertise and capability in delivering secure, reliable, and high-performance Android-based enterprise mobility solutions. Android Enterprise Gold Partner status is one…

Indie artists turn to AI video as promo budgets shrink

Singapore - The promo clip has always been the awkward middle layer of music marketing. Too small for a proper production day, too useful to ignore, and somehow always needed before the next post goes out.

Jenfi Surpasses US$100 Million in SME Financing Across Southeast Asia

SINGAPORE, May 19, 2026 (GLOBE NEWSWIRE) -- Jenfi, a Southeast Asia-focused SME credit platform, today announced that it has surpassed US$100 million in cumulative financing originations across the region, marking a significant milestone in the company’s continued expansion across Singapore and Vietnam.Operating across two of Southeast Asia’s largest SME markets,…

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