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AI Job Opportunities Singapore: Singapore Initiates 800 AI Jobs and Training Opportunities to Enhance Tech Talent, ETHRWorldSEA

AI Job Opportunities Singapore: Singapore Initiates 800 AI Jobs and Training Opportunities to Enhance Tech Talent, ETHRWorldSEA

Time of India28-05-2025

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Alibaba Cloud will assist 3,000 SMEs and offer US$1,000 in cloud credits to 800 of them.
ST Engineering will provide free cyber-threat scans and host cybersecurity workshops for 2,000 firms.
Prudential Singapore will create explainer content and conduct training to help SMEs adopt GenAI tools.
By ,
Agencies
Singapore is ramping up efforts to strengthen its artificial intelligence (AI) ecosystem, with 800 new jobs and training opportunities and support for up to 500 new AI projects to benefit 1,000 enterprises over the next year.Unveiled at the ATxEnterprise 2025 conference, this initiative is part of the country's broader digital economy strategy, which already contributes nearly 18% to national GDP. The Infocomm Media Development Authority (IMDA) announced that these efforts will help Singapore move towards its goal of tripling the local AI talent pool to 15,000 by 2028.Senior Minister of State for Digital Development and Information Tan Kiat How emphasised Singapore's ongoing commitment: 'Our value lies not just in capabilities, but in consistency–in–being a reliable partner, even in uncertain times.'To develop local talent, 400 training places will be offered through AI Singapore (AISG) over the next three years. Another 400 opportunities will be available through tech giants such as Amazon Web Services (AWS), Microsoft, Oracle, and Singtel.Notably, 300 of these will be part of an enhanced six-month AI Apprenticeship Programme (AIAP-Industry), which focuses on real-world skills needed in business. Since its launch in 2018, more than 410 AIAP graduates have completed training, with over 90% securing roles in the field.A new Pinnacle AI Industry Programme will also train 100 current AI professionals into expert model builders. Participants will gain hands-on experience with large language models like AISG's regional model, Sea-Lion.Despite ongoing efforts, many local firms still report difficulties in hiring AI talent. A recent survey revealed that nearly half of Singaporean SMEs face AI talent shortages, with key challenges including skills mismatch and high salary expectations. To bridge the gap, 62% of firms are open to hiring from abroad.To help companies integrate AI faster, IMDA is scaling up its GenAI x Digital Leaders initiative, which will now support 500 new generative AI projects across 1,000 firms in the coming year. Supported by AWS and Microsoft, the initiative will also reduce development time and cost for custom GenAI tools and offer cloud credits and technical guidance.More than 10,000 enterprises have already benefited from the Digital Enterprise Blueprint through similar collaborations.AISG will also launch the first Southeast Asia-wide AI developer challenge, encouraging the creation of regionally relevant AI solutions.

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Rare earths are not rare: Chinese move can backfire
Rare earths are not rare: Chinese move can backfire

Time of India

time34 minutes ago

  • Time of India

Rare earths are not rare: Chinese move can backfire

The myth of rarity of rare earths Live Events How China monopolised rare earths You Might Also Like: Why rare earths are the new battleground in US-China trade war China's rare earths move can backfire You Might Also Like: Urgency grows in Motown India as rare earth deadlock deepens, call goes out to govt for help (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel China's recent export controls on six rare earth elements (REEs) and rare earth magnets has sent the world in a tizzy. These products are used for several applications ranging from cleantech to weapons. The electric vehicle industry is hardest hit, giving out stress signals that many factories can even shut down if China doesn't loosen the curbs. The global supply chain for these elements is heavily dependent on China, which currently accounts for about 70 per cent of the world's mined REEs and roughly 90 percent of refined production. China also produces nearly 90 per cent of the world's rare earth magnets used in these curbs are not a complete ban on exports for the auto sector, companies must now seek prior government approval before shipping these materials out of China. This adds uncertainty and delay in the supply strategic use of rare earths as an economic weapon may offer short-term leverage, but it can run into risks in the long run. China may be controlling the present of rare earths, but it may not control their term 'rare earth elements' (REEs) is a misnomer. Comprising 17 metallic elements—including neodymium, dysprosium, and praseodymium—these materials are relatively abundant in the Earth's crust. Cerium, for example, is more common than copper. What makes them 'rare' is the difficulty in finding them in economically viable concentrations and the even greater challenge of separating them from each other, as they tend to occur in deposits are spread across the globe—from Australia and the U.S. to India, Brazil, and parts of Africa. Yet, almost all of global rare earth refining still happens in China. This isn't due to a lack of resources elsewhere; it's the result of decades of strategic policy decisions by Beijing and complacency from the rest of the dominance in the rare earth industry is not geological -- it is geopolitical. Beginning in the 1980s and accelerating through the 1990s, China deliberately cultivated rare earth mining and refining as a strategic industry. It offered subsidies, low-cost loans and lax environmental regulations, allowing it to undercut Western producers who were burdened by stricter standards and higher the early 2000s, China had effectively driven many competitors out of business. The Mountain Pass mine in California, once the world's leading rare earth producer, was shuttered in 2002 due to both economic and environmental pressures. This left China not only as the dominant supplier of rare earth elements but also as the global refinery for turning them into usable materials for magnets, batteries, and effect, China monopolized the middle and downstream segments of the value chain—where the true economic and strategic value lies. Refining and processing, not mining, is where pricing power, technological influence, and geopolitical leverage are many countries have rare earths deposits as well as the capability to refine them, China's gambling on a rare leverage it has on the world. It can use it sparingly and then step back but a hard stance will only cost it dearly. By restricting rare earth exports, China aims to pressure foreign industries and governments, especially those pushing back against its strategic and technological ambitions. This tactic, however, is not without this weaponization creates powerful incentives for other countries to invest in their own rare earth infrastructure. The US, Europe, Japan, Australia and India have already begun allocating significant resources to rebuild rare earth supply chains. Australia's Lynas Rare Earths has ramped up production, and the US government has designated rare earths as critical minerals, channeling funding toward domestic refining is expediting steps to boost domestic availability of critical minerals. Changes to the Mines and Minerals (Development and Regulation) Act are being fast-tracked. Besides regulatory tweaks, the centre is also expecting commercially viable domestic production of rare earth permanent magnets in small quantities later this year. After the fourth meeting of the India-Central Asia Dialogue held in New Delhi last week, India and five central Asian countries have expressed interest in joint exploration of rare earths and critical is also working on alternate sources for magnets derived from rare earth minerals , commerce and industry minister Piyush Goyal said while speaking to reporters in Germany a few days ago. "In a way, it's a wake-up call for all those who have become over-reliant on certain geographies. It's a wake-up call for the whole world that you need trusted partners in your supply chain,' the minister said. On alternative sources, the minister said these could also be some technologies that India is developing. "The government, the industry and startups and innovators are all working as a team and we are confident that there may be a problem in the short run but we will emerge winners in the mid to long runs," he move will surely accelerate innovation in material science. Companies are increasingly investing in rare-earth-free alternatives, such as ferrite magnets or advanced electric motor designs that reduce or eliminate the need for REEs. Long-term, this could shrink global dependence on rare earths altogether, diminishing China's other countries begin producing their own rare earths and developed technology to produce magnets as well as alternatives, China will start losing export markets and also its leverage on other countries. Much of its rare earth industry is export-oriented, particularly in the high-value-added processing and magnet manufacturing sectors. As buyers diversify or localize supply chains, Chinese producers could find themselves facing overcapacity and declining global current disruption may well be a turning point. What is happening is not just a scramble for resources, but a deeper strategic pivot. Countries are beginning to view rare earths not as a commodity, but as a national security asset. Governments are deploying industrial policy, economic incentives and international cooperation to ensure secure and sustainable the short term, China's dominance in refining will continue to cause pain for sectors dependent on these inputs such as electric vehicles. But in the medium to long term, the very act of leveraging this dominance could cause its erosion. Chinese rare earth monopoly will fracture under the weight of its own power play. It's possible that China soon eases export curbs since it knows the risk of overplaying its hand. But the world has realised China's intent to weaponize critical supply chains and it will keep trying to break its China dependence.

Canada invites Saudi Arabia's Crown Prince MBS to G7; ceasefire talks, Ukraine war and a tense past loom over the summit
Canada invites Saudi Arabia's Crown Prince MBS to G7; ceasefire talks, Ukraine war and a tense past loom over the summit

Time of India

time34 minutes ago

  • Time of India

Canada invites Saudi Arabia's Crown Prince MBS to G7; ceasefire talks, Ukraine war and a tense past loom over the summit

Prime Minister Mark Carney has formally invited Saudi Arabia 's Crown Prince Mohammed bin Salman (MBS) to the G7 summit in Kananaskis from June 15-17. However, it remains uncertain whether MBS will attend as he had skipped the 2024 G7 in Italy. Saudi Arabia's strategic relevance is hard to ignore; its role in supporting cease‑fire pushes in Gaza and hosting US-Russia talks on Ukraine makes it a key actor on two fronts of global conflict. Saudi oil production remains a linchpin in global energy markets, and Riyadh's 'Vision 2030' is positioning the kingdom as an investment magnet in sectors from tech to tourism, a dynamic that Ottawa hopes to tap. Carney's administration hasn't stopped at Saudi Arabia; invitations have extended to India's Narendra Modi and China's Premier Li Qiang, reflecting a deliberate pivot toward inclusive diplomacy. What MBS is expected to say Diplomatic observers expect Crown Prince Mohammed bin Salman to use the G7 stage to position Saudi Arabia as a constructive global actor navigating a volatile world order. Live Events Regional peacemaker : First, MBS is likely to emphasize Saudi Arabia's role in Middle East diplomacy, particularly efforts to broker a ceasefire in Gaza. Riyadh has emerged as a key backchannel negotiator in talks involving the US, Egypt, and Qatar, pressing for humanitarian aid corridors and civilian protections in the embattled Palestinian territory. MBS may frame these efforts as part of Saudi Arabia's broader ambition to be seen as a regional peacemaker, not simply an oil power. Russia-Ukraine War : MBS is expected to highlight Saudi involvement in Ukraine-related diplomacy. The kingdom has hosted a series of discreet talks between Western and Russian interlocutors, attempting to carve out a neutral space for dialogue. Vision 2030 : Third, MBS will likely promote Vision 2030, his signature domestic reform agenda. He is expected to tout Saudi Arabia's massive investments in renewable energy, smart cities (including the futuristic NEOM project), and technology as part of an effort to diversify away from oil dependency. Diplomatic experts also suggest he could invoke the language of 'respect for sovereignty' and 'non-interference,' a veiled response to past Western condemnations, including Canada's. His message will likely seek to portray Saudi Arabia as a proud, reforming nation that insists on its path. Tense past between Canada and Saudi Arabia Canada's invitation to MBS comes after years of strained relations. Canada publicly urged Saudi Arabia to release jailed women's rights activists in 2018, prompting Riyadh to expel Canada's ambassador, suspend trade, and pull Saudi students from Canadian universities. Direct flights were halted, and relations soured further after the murder of journalist Jamal Khashoggi, for which Canada sanctioned Saudi officials. Before the diplomatic spat, the Liberal government had temporarily paused arm sales to Saudi Arabia over reports that the country's Canadian-made light armoured vehicles were being used in a bloody conflict in Yemen. For five years, diplomatic ties remained frozen until a fragile thaw began in 2023 after discreet talks between the then Prime Minister Justin Trudeau and MBS at the APEC summit. Ambassadors were reinstated, flights resumed, and economic ties cautiously reopened. By 2024, a Saudi‑Canada Business Council had formed, generating growing trade and collaboration in sectors like renewable energy, education, and healthcare Canada's invitation to MBS is a finely calibrated decision, rooted in global strategy and pragmatic diplomacy, but shadowed by moral dilemmas. As Alberta opens its doors for the G7 summit, the world will watch not only whether MBS attends, but also whether Canada can leverage influence without compromising its values. It will be a test of Carney's vision of principled engagement in an imperfect world. Economic Times WhatsApp channel )

India has Rs 31952224 with Saudi Arabian government... what is India's property dispute with Saudi Arabia
India has Rs 31952224 with Saudi Arabian government... what is India's property dispute with Saudi Arabia

India.com

timean hour ago

  • India.com

India has Rs 31952224 with Saudi Arabian government... what is India's property dispute with Saudi Arabia

India has Rs 31952224 with Saudi Arabian government... what is India's property dispute with Saudi Arabia | Know here Saudi Arabia and India have always been great friends and of late the trade between the two countries is also growing rapidly. However, there is an old dispute which has lasted for centuries now related to an Indian property. As a result, the value of the money deposited in the Saudi government's account regarding this property is increasing and it has now reached 3 lakh 73 thousand dollars. Whose property is this? What is the dispute about it? And why has this amount not been withdrawn even after centuries? Let's find out Property dispute is 50 years old This property dispute between Saudi Arabia and India is about 50 years old. According to a BBC report, an Indian businessman, Mayankutty KE, in Saudi Arabia built a guest house in Mecca in 1870. Mayankutty, who was a resident of Kerala and his business was spread from Mumbai to Paris. Mayankutty's guest house was located near Masjid al-Haram, which was demolished during the expansion of Mecca city. What is the reason for the controversy? The Saudi administration had deposited 14 lakh riyals in the government account as compensation for demolishing this property. If this property is compared in today's time, then this amount is close to 3 lakh 73 thousand US dollars. Actually, at the time when the compensation was deposited in the government account, the legal heir of this property could not be identified. There is a dispute between two sides of the family of Mayankutty KE regarding succession, due to which this amount is also stuck in the Saudi government's account. How big was this property? According to the report, the Indian businessman had built a guest house in the city of Mecca. This guest house was a few steps away from the holiest place of Islam, Masjid Al Haram, which had 22 rooms and several large halls. The entire guest house was spread over about one and a half acres and wood for its construction was brought from Kerala. Not only this, a manager was also appointed for the maintenance of this guest house.

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