SG Morning Call | Singapore Market Is Closed for Vesak Day on Monday; AI Dangers Eclipse Nuclear Weapons at Singapore Defense Forum
Market Snapshot
The Singapore market is closed on Monday, June 1, 2026 for Vesak Day.
SG Local News
AI Dangers Eclipse Nuclear Weapons at Singapore Defense Forum
The dangers of AI eclipsed those of nuclear weapons at a defense forum discussion on strategic stability in Singapore, as panelists warned it could reduce reaction times to the point where people make rash decisions.
Collapsing the so-called “OODA loop” — an acronym for observe, orient, decide and act — creates a sort of fog in which “a human can’t evaluate the situation fast enough,” said Lieutenant General Nauman Zakria, Commander of 1 Corps and Army Rocket Force Command of the Pakistan Army.
Mapletree Eyes Mid-2026 First Close for $1.8 Billion Emerging Asia Logistics Development Fund
$Mapletree(M44U.SI)$ expects to achieve the first close of its Mapletree Emerging Growth Asia Logistics Development Fund (Mega) by mid-2026, with a second close planned later in the year.
“We have secured equity commitments from high-quality institutional investors, including a sovereign wealth fund, a pension fund and a national investment company,” Ng Kiat, Mapletree’s regional chief executive officer for logistics development in Asia-Pacific.
Chan Chun Sing Calls for More Partnerships with Like-Minded Countries as Nature of Conflicts Evolves
As conflicts evolve, there is a need for more networks of flexible and issue-based arrangements to complement multilateral cooperation, said Defence Minister Chan Chun Sing.
In his address at a Shangri-La Dialogue plenary session on Sunday (May 31), Chan said that while multilateral institutions are the pillars of international cooperation, countries cannot be “held hostage by the lowest common denominator” as new domains evolve rapidly.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
