“Investments in AI have boosted Singapore's ranking by various international metrics given its relatively small size,” say the analysts in a July 17 report.
AI adoption could help Singapore unlock further productivity and sustain its gross domestic product (GDP) growth of 3%, say Morgan Stanley (MS) analysts in a new report. This would help the country maintain its place among the fastest-growing developed markets.
MS analysts identified Singtel, Keppel and Sembcorp Industries (Sembcorp) as key AI enablers; and indicated Grab, Sea (SE), Singapore Airlines (SIA) and ST Engineering (STE) as key AI adopters.
