However, the export boom rests on a single, narrowing driver: AI.
Last week in Singapore Business Review, logistics companies put artificial intelligence (AI) to work across their fleets, the Grade A office market tightened to the point of forcing companies to pre-lease space yet to be built, and Singapore climbed to fourth in the global startup ecosystem rankings.
Singapore’s logistics companies are deploying AI-powered fleet management systems to track vehicles, optimise routes, and monitor driver performance, helping operators extract more from existing fleets at a time when high vehicle ownership costs make expanding them a costly option.
JustCo, which listed on SGX in May raising about $100m, said large companies now account for more than 53% of workstation occupancy across its 54 centres in 12 Asia Pacific cities, as rising Grade A CBD rents continue to push corporations toward flexible workspace.
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