Singapore Navy & defence tech: The Republic of Singapore Navy has launched its second Victory-class Multi-Role Combat Vessel, RSS Valour, built by ST Engineering, designed to act as a mothership for unmanned aerial, surface and underwater drones to strengthen mine countermeasures and sea-lane security. Space capability: Singapore’s new national space agency NSAS says it will more than double its staff in the coming years to run a new multi-agency satellite operations centre for tasks like environmental monitoring and collision avoidance. AI & payments integration: AMRO urges ASEAN+3 to integrate AI, energy infrastructure and digital payments to cut reliance on the US dollar, while Singapore-linked fintech developments include ADA’s acquisition of Algonomy to push “agentic” retail decisioning and the Favara–UPI corridor going live for real-time transfers between Maldives and India. Local governance & society: Singapore authorities are investigating British band Massive Attack after a Palestinian flag was displayed at a concert, with checks on whether permits and licensing rules were breached. Regional tourism push: Malaysia Fest 2026 in Singapore unveiled “Durian Packages – Klang Valley Edition” to drive Visit Malaysia 2026 arrivals. Markets & business: OUE expects a bigger H1 loss tied to China property associate Gemdale, while Kin Global flags a reversal to a net loss on one-off listing costs and project delays.