Singapore's Deputy Prime Minister Gan Kim Yong announced that PUB is channeling S$12 million to enhance water efficiency for the water-intensive wafer fabrication and data centre industries, which are critical for artificial intelligence.
South Korea's presidential office, Cheong Wa Dae, has formally protested a Bloomberg News report that characterized a "citizen dividend" proposal by presidential chief of staff Kim Yong-beom as a plan to redistribute "excess profits" from artificial intelligence.
Deputy Prime Minister Gan Kim Yong stated that the safety of seafarers in the Strait of Hormuz is a top priority for Singapore, while affirming that the right of passage remains non-negotiable. Singapore is working closely with coastal ports to provide support.
A special counsel team has requested a five-year prison term for former South Korean Defense Minister Kim Yong-hyun on charges of obstructing justice, specifically for deceiving the Presidential Security Service.
Singapore's total fertility rate has fallen to a historic low of 0.87 in 2025, with Deputy Prime Minister Gan Kim Yong warning that the citizen population will start to shrink by the early 2040s if no new measures are taken.
Kim Yong-beom, the presidential chief of staff for policy, has proposed a 'citizen dividend' scheme that would return part of the windfall tax revenue generated by the semiconductor boom to the public.
Kim Yong, a confidant of President Lee Jae Myung, announced he would "serve in the ranks" for South Korea's ruling Democratic Party of Korea after the party decided not to select him as a parliamentary by-election candidate.
Singapore's Deputy Prime Minister Gan Kim Yong stated that maritime hubs, such as Singapore, are crucial for global stability amidst ongoing worldwide disruptions.
Amid an ongoing energy crunch and rising energy prices, Singapore is taking steps to conserve energy. Deputy Prime Minister Gan Kim Yong encouraged residents to use fans, and now government employees are asked to work in offices set to 25C to reduce air-conditioning costs, reflecting the nation's deep reliance on air conditioning and Asia's dependence on Gulf oil.
Economists are expressing concerns about Singapore's economic growth, with Deputy Prime Minister Gan Kim Yong acknowledging a likely slowdown due to global trade and energy disruptions. Most analysts are currently holding off on revising their forecasts despite the warnings.
Applied Materials is expanding its operations in Singapore, planning to create 1,000 new jobs to meet the growing demand for AI chips. Deputy Prime Minister Gan Kim Yong stated these roles offer Singaporeans opportunities in frontier technologies.
Former South Korean ambassador to Egypt, Kim Yong-hyon, has urged Korea to bolster its diplomatic ties with Egypt, emphasizing the country's crucial role amid Middle East uncertainties.
Singapore's Deputy Prime Minister Gan Kim Yong stated at a US forum that the country's AI rules will aim for a balance, avoiding being too restrictive or allowing the industry to operate without oversight. He also briefly commented on the Middle East conflict.
Deputy Prime Minister Gan Kim Yong encouraged Singapore residents to conserve energy by using fans instead of air-conditioning and opting for public transport over personal vehicles to alleviate pressure from an ongoing energy crunch.