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European firms expand in Singapore with focus on AI, green tech



  • European firms are actively hiring skilled professionals on areas such as fintech, AI-driven automation, and cybersecurity. European businesses are ramping up their presence in Singapore, with increasing investment in clean energy,

European companies are increasingly expanding their operations in Singapore, focusing on sectors like artificial intelligence (AI) and green technology. This expansion is driven by Singapore's strategic location, business-friendly environment, and its push towards becoming a hub for sustainable and innovative technologies. Companies such as Siemens, which has established a new AI lab, and Schneider Electric, which is investing in energy management solutions, are at the forefront of this trend. The interest in Singapore also stems from its robust regulatory framework for AI and its commitment to achieving net-zero emissions, making it an attractive destination for European firms looking to leverage AI for sustainability and to tap into the Asian market. This move not only enhances Singapore's position as a global business hub but also aligns with broader economic and environmental goals of both Europe and Singapore.

Read the Full MSN Article at:
[ https://www.msn.com/en-sg/money/economy/european-firms-expand-in-singapore-with-focus-on-ai-green-tech/ar-AA1Ah7Jz ]

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