Business & Corporate around you
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Singapore PC prices jump up to 40% as AI data-centre demand squeezes memory and GPU supply
PC prices in Singapore have risen by up to 40 per cent, with average laptop prices hitting S$1,650 in the second quarter of 2026, 26 per cent higher year-on-year. The surge is driven by a global shortage of memory, storage and graphics cards as AI companies buy up components for data centres. Retailers at Sim Lim Square report sales falls of 20 to 80 per cent, and IDC expects prices to stay high through 2027.
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Databricks to invest S$445m in Singapore and double staff to over 500
American data and AI firm Databricks will invest more than US$350 million (S$445 million) in Singapore and double its workforce to over 500 within three years. The company, which runs its Asia-Pacific and Japan headquarters here, will move into a 32,000 sq ft office at IOI Central Boulevard Towers in November and train 20,000 people in data and AI skills. New local customers include iFAST, Singtel and Singapore Customs.
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Singapore women entrepreneurs sign MOU with South Africa's She Millionaire
Ikon Women Singapura and South Africa-based She Millionaire signed an MOU on 11 September at De Villa Ballroom, Centrium Square. The partnership gives Singapore Muslim women entrepreneurs access to international networks and business opportunities in South Africa. She Millionaire plans to expand into China with another MOU signing later in September.
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Azbil to be Gold Sponsor at Data Centre World Asia 2026 in Singapore
Azbil Corporation will be a Gold Sponsor at Data Centre World Asia 2026, held at Marina Bay Sands Expo & Convention Centre in Singapore on 29-30 September 2026. The company will showcase its building automation solutions, including an intelligent building management system and a chiller plant digital twin, aimed at improving energy efficiency in mission-critical environments.
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PC prices in Singapore jump up to 40% as AI data centres soak up memory chips
PC prices in Singapore have risen by up to 40 per cent year on year in the second quarter of 2026, with average laptop prices up 26 per cent to $1,650, according to IDC data. The surge is driven by a global shortage of RAM, storage and graphics cards as manufacturers divert supply to AI data centres, and IDC expects prices to stay high through most of 2027. Checks at Sim Lim Square found a 32GB DDR5 RAM kit nearly quadrupled in price in a year.
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Singaporeans back WP MP Kenneth Tiong's questions on SIA's Air India losses
In Parliament on Tuesday (Sep 8), Workers' Party MP Kenneth Tiong (Aljunied) questioned whether Singapore Airlines' losses on Air India could affect its ability to provide essential air services in Singapore. Transport Minister Jeffrey Siow replied that there is no present threat to SIA's Singapore operations and that Air India's request for capital does not oblige SIA to provide it, while online commenters said Tiong was right to ask.