The key shareholders of Singapore Paincare Holdings do not intend to increase the scheme consideration of $0.16 each to take the company private.

The company is also planning to seek a related permit in Luxembourg, a media report said, citing anonymous sources.

Singaporeans are amongst the most concerned globally about AI-powered fraud, with fears significantly outpacing the global average.

The MPA and Bureau Veritas have renewed their MoU to deepen collaboration in maritime digitalisation, decarbonisation, and talent development.

Singapore has emerged as the global leader in high-value AI investment, with 27% of businesses allocating more than $1.28m (US$1m) annually to AI initiatives.

Singapore’s domestic wealth pool reached $2.95t in 2024, with financial institutions shifting towards digital solutions.