Daily Briefing: AI to double Singapore's growth rate; What you need to know about Singapore's medical tourism

And here are five ways to calculate the returns on investment property.

From Bloomberg via Yahoo!: In technology-proficient Singapore, their integration into the economy could help the domestic growth rate to almost double and significantly lift labour productivity, according to a report by consultancy Accenture. It found that artificial intelligence, once fully adopted, might lift Singapore’s annual growth rate to 5.4% in 18 years. That would be the largest increase among 33 countries studied and would translate into an additional $215 billion in gross value added. Without AI, the economy is predicted to expand 3.2%.

From GET.com via Yahoo!: Did you know that the Singapore Tourism Board stopped providing data pertaining to medical tourism receipts back in 2015? That may be a shocker for some of you since we are all aware that Singapore is a medical hub that draws medical tourists from all over the world. Although we hope that the public hospitals that we have largely cater to the needs of locals and residents like you and I instead of prioritising international patients because of the lucrative factor, there are certain changes to Singapore's healthcare landscape.

From DollarsAndSense.sg via Yahoo!: Singaporeans cannot resist putting their money into property investments. The idea of renting out several properties and collecting income while still seeing its price shoot up is a life many people here dream of. Whilst these dreams are innocent enough, and perhaps provide a goal for some people to aspire towards, many may embark on them without fully understanding the risks and costs that comes with it. Just because property prices increase over time does not mean property investors will definitely make money.