Daily Debrief: What Happened Today (Jul 20)

Singapore companies are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology, as rising AI spending pushes them to demand clearer returns on investment (ROI).

Daily Debrief: What Happened Today Jul 20 Stories you might have missed CICT to reconfigure Paragon, including Metro space https://www.businesstimes.com.sg/property/cict-reconfigure-paragon-including-metro-space SINGAPORE CapitaLand Integrated Commercial Trust CICT is advancing plans to optimise and selectively reconfigure parts of Paragon, including areas currently occupied by Metro. Rising AI bills push Singapore companies to chase ROI over ‘tokenmaxxing’ SINGAPORE Companies in Singapore are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology. This is as rising AI spending pushes them to demand clearer returns on investment ROI . UOB taps banking veteran Judy Chan to lead Hong Kong private wealth push SINGAPORE UOB is bolstering its private banking ranks in Hong Kong with the appointment of industry veteran Judy Chan as managing director, as the Singaporean lender moves to capture a larger slice of Asia’s booming wealth market. Singapore, South Korea reshape Vietnam’s FDI mix as Chinese inflows halve FRESH Chinese investment pledges into Vietnam slumped by more than half in the first half of 2026, while Singaporean and South Korean investors are making bigger bets, reshaping the South-east Asian country’s foreign direct investment FDI mix. UOBKH nudges SIA target price up S$0.10 on second-quarter optimism SINGAPORE UOB Kay Hian UOBKH on Thursday Jul 16 marginally increased its target price for Singapore Airlines SIA : C6L -0.92% on optimism of a rebound in the airline’s profitability in the second quarter. Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free. Share with us your feedback on BT's products and services TRENDING NOW /pulse?ref=trending-now What makes a good job? Feeling that you matter Faishal Ibrahim resigns over online messages with a female member of the public When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves