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The Monetary Authority of Singapore (MAS) has confirmed what the market suspected: AI is now Singapore's economic shock absorber. In its latest assessment, MAS stated the economy will stay firm for the rest of 2026 as the tech sector—supercharged by the global AI boom—cushions the blow from Middle East-driven oil spikes and a fresh wave of US import tariffs. Simultaneously, HSBC is placing a massive bet on Singapore's AI future, announcing its first global AI centre of...
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