Daily Debrief: What Happened Today

Stories you might have missed

Rising share of EP holders in infocomms, but local PMET numbers up too: Tan See Leng

EVEN as information and communications (ICT) accounts for a growing share of Employment Pass holders (EP), the sector is also seeing an increase in local professionals, managers, executives and technicians (PMETs), said Minister for Manpower Tan See Leng on Monday (Oct 3), making the point that the entry of foreign talent is “not a zero-sum game”.

A 7% jump in suburban condo prices leads a 3.4% qoq rise in Singapore’s Q3 private home prices: URA

PRIVATE residential property prices rose 3.4 per cent in the third quarter, largely driven by strong sales at new launches in the suburbs which notched new benchmark prices, though price growth is expected to slow for the rest of the year.

Singtel’s Optus to conduct independent review of cybersecurity systems following cyberattack

SINGTEL has announced the appointment of Deloitte to undertake an independent review of Optus’ cybersecurity systems after its Australian subsidiary was hit by a cyberattack in late September, potentially compromising both current and former customers’ information.

Changi Airport’s average weekly passenger traffic reaches 60% of pre-Covid levels in first week of September

THE average weekly passenger traffic at Changi Airport has recovered to above 60 per cent of pre-Covid-19 levels as at the first week of September, more than four months since Singapore’s border reopening.

Asean faces varied climate risks, but cooperative stance will stand grouping in good stead: Moody’s

ASEAN countries’ exposure to climate risk – and their approaches to decarbonisation – varies, but they do face some common challenges; what will be key to helping them manage their energy transition will be their track record of regional cooperation, says Moody’s Investors Service.

The STI today

Singapore stocks start week with losses as growth fears linger; STI down 0.7%

SINGAPORE shares resumed their decline after breaking a five-day slide last Friday, as did most key regional peers on Monday (Oct 3), following Wall Street’s downward trend.