Daily Debrief: What Happened Today (Mar 20)

Stories you might have missed

Singapore has not tapped energy stockpile, prioritising ‘dry powder’ to intervene if Middle East conflict worsens: Tan See Leng

[SINGAPORE] Singapore has not needed to dip into its energy stockpiles amid the escalating Middle East conflict, and the government is ensuring that it has enough “dry powder” to intervene when needed, said Minister-in-charge of Energy and Science and Technology Tan See Leng.

Singapore labour demand shifts to growth sectors such as tech; new roles make up nearly half of vacancies in 2025

[SINGAPORE] The Republic’s labour market remains tight, with vacancies outnumbering jobseekers, and new roles accounting for nearly half of all vacancies in 2025.

IMDA to boost AI adoption among Singapore enterprises with new bootcamp

[SINGAPORE] The Infocomm Media Development Authority (IMDA) is launching the Digital Leaders Accelerator Bootcamp (DLAB) in a bid to increase the adoption of artificial intelligence (AI) among local enterprises.

OCBC cannot claim US$56 million from insurers for the capsized vessel it funded: Court of Appeal

[SINGAPORE] OCBC is unable to claim US$56 million from a group of insurers for a vessel that it offered mortgage after the Court of Appeal allowed the five insurers’ appeal on Thursday (Mar 19).

Watch maven Tay Liam Wee sells Nassim GCB plot for S$92 million or S$3,846 psf

[SINGAPORE] Former Sincere Watch boss Tay Liam Wee is said to be selling his land in Nassim Road for S$92 million, or S$3,846 per square foot (psf) on the freehold land area of 23,922 sq ft.

Woh Hup to build Las Vegas Sands’ new Marina Bay project

[SINGAPORE] Home-grown construction giant Woh Hup has been awarded a “multi-billion-dollar contract” to build Las Vegas Sands’ new US$8 billion resort and entertainment complex in Marina Bay.