Daily Debrief: What Happened Today (Nov 21)

Stories you might have missed

Economists raise 2025 Singapore growth forecasts on strong Q3, but stay cautious on 2026

[SINGAPORE] Private-sector economists followed the Ministry of Trade and Industry’s (MTI) lead in raising their 2025 growth forecasts for Singapore, after better-than-expected third-quarter figures on Friday (Nov 21).

Maybank Q3 profit up 3.3% at RM2.62 billion

[SINGAPORE] Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.6 billion (S$828 million), from RM2.5 billion in the same period a year earlier, the company said on Friday (Nov 21).

Companies supported by EDB yield annual spillovers of S$48.5 million each

[SINGAPORE] From 2012 to 2019, companies supported by the Economic Development Board (EDB) each brought net spillover benefits of S$48.5 million annually to other companies.

Hands off the company’s data: How protecting such intellectual property becomes challenging

[SINGAPORE] It is late on a Sunday night; an employee slinks into the dark and empty office to copy data from the firm that he is leaving. He will start at a competitor the next day.

PM Wong heads to South Africa for G20 summit, followed by first official visit to Ethiopia

[SINGAPORE] Prime Minister Lawrence Wong will attend the G20 summit in Johannesburg, South Africa, and then make his first official visit to Ethiopia in a five-day trip from Friday (Nov 21), the Prime Minister’s Office (PMO) said in a statement.

New hires in AI could get up to 20% raise even as salary growth moderates: Robert Walters survey

[SINGAPORE] There is a growing mismatch in salary expectations between Singapore employers and jobseekers heading into 2026, as companies grapple with cost pressures while talent demands higher compensation to match inflation and skill scarcity.

Nickel investors on edge as Indonesia tightens the screws on smelters

[JAKARTA] Nickel-rich Indonesia’s industrial ambitions have run into rough currents again, as the government tightens the rules on new smelter developments.