Hot Topics on Regional Economy

Jun 2026

Singapore regains top spot in competitiveness ranking; Asian economies put up strong showing

Singapore climbed back to the top of IMD’s World Competitiveness Rankings this year, after slipping to second in 2025. Released on Thursday (Jun 18), the rankings evaluated 70 economies for competitiveness, looking at four key areas - economic performance, government efficiency, business efficiency and infrastructure.

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Asia’s AI chip boom could spark regional economic renaissance

Investors are piling into South Korea and Taiwan for semiconductor stocks, but the AI boom isn't just fattening profits at North Asia's chip champions. It is powering a broader economic resurgence, driven by stronger household consumption, rising investment and widening tax coffers.

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Singapore to upgrade PayNow, launch new finance institute to drive innovation

The Republic will upgrade its national payments infrastructure with new PayNow capabilities, including interoperable QR payments and support for artificial intelligence-driven commerce, as the Monetary Authority of Singapore (MAS) seeks to get ahead of the curve on payment trends and demands.

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Anthropic looks to set up shop in Singapore, fill roles in finance and product support

Anthropic, the San Francisco-based research firm behind the popular artificial intelligence tool Claude, is looking to set up a presence in Singapore.

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