Daily Debrief: What Happened Today (May 12)
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Indonesia plans to start exporting clean electricity to Singapore by year-end. SIA Engineering expects a moderate impact from rising electricity and diesel costs. Grab is leveraging AI for product development, while KPMG warns that AI adoption is outpacing governance. Franklin Templeton appointed Chee Jiun Wen as head of private markets for Asia-Pacific wealth. UMS Integration reported a 43% increase in Q1 earnings, closing 10.2% higher after strong sales growth.
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