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Wednesday, 28 October 2026

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Singapore’s AI Push and Quantum Bet Put Workforce Readiness in Focus

Singapore is funding AI, data and quantum research while technology leaders urge businesses to build practical skills. The commercial case will depend on adoption and measurable results.

By TLA AI Editor5 min read

Singapore, 28 October 2026 – Singapore’s Research, Innovation and Enterprise 2030 plan commits S$37 billion to research and development over five years from April 2026, including work on artificial intelligence, data and computing. In a commentary published on Wednesday, Gavin Chua, chairman of Singapore technology association SGTech, and Gunasekharan Chellappan, former chairman of its AI, Cloud and Data Chapter, argued that businesses should build practical AI capability while preparing for longer-term technologies such as quantum computing.

For Asian companies and investors, the issue is how public funding, private adoption and workforce skills translate into commercial capacity. The S$37 billion commitment and separate national programmes are confirmed government plans; the authors’ assessment that many firms are not yet ready to scale AI is based on their conversations with members, not a quantified economy-wide survey. The distinction matters when evaluating opportunity, spending and expected returns.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.