Daily Debrief: What Happened Today
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Singapore F1 attendance down, but hotel takings may still exceed 2022 levels
ATTENDANCE may be down, but takings might still rise at this year’s Singapore Formula 1 (F1) Grand Prix, with tourism players and observers expecting receipts to exceed at least pre-Covid levels – if not those of 2022.
HSBC, Morgan Stanley among creditors as money laundering probe expands to associates
HSBC and Morgan Stanley are among the potential creditors of companies whose shareholders and directors have been linked to the recent money laundering bust.
Most companies plan to keep employment stable despite pessimistic economic outlook: SBF survey
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A MAJORITY of companies are not expecting changes to their manpower in the next 12 months, even as more of them now expect economic conditions to weaken rather than improve, a survey by the Singapore Business Federation (SBF) showed on Tuesday (Sep 12).
GlobalFoundries opens US$4 billion expanded fabrication plant in Singapore
THE global demand for chips may have softened recently, but it is likely to rebound and continue its growth trajectory in the long term with the growth of artificial intelligence and 5G technology, said GlobalFoundries Singapore senior vice-president Tan Yew Kong.
Ride-hailing platform Ryde files for US$17 million IPO on NYSE
SINGAPORE-BASED ride-hailing company Ryde is seeking to list on the New York Stock Exchange (NYSE).
Singapore stocks track regional decline, STI falls 0.1%
SINGAPORE stocks ended lower on Tuesday (Aug 12), tracking declines in the region.
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