Daily Debrief: What Happened Today (Oct 3)

Stories you might have missed

Hotels at full throttle as F1 weekend occupancies, rates set to beat 2024

[SINGAPORE] Hotels are shifting into high gear as Singapore races into the Formula 1 Grand Prix weekend, with occupancy and takings both trending up from last year.

Singapore banks to enforce 24-hour cooling period for digital transactions exceeding 50% of account balance

[SINGAPORE] In a move to fortify protections against scams, major retail banks in Singapore will implement enhanced fraud surveillance measures for all digital transactions from Oct 15.

Singapore’s migrant labour dilemma deepens as costs rise

[SINGAPORE] For Nasir Uddin, paydays are often the only time he can afford a small treat.

GIC’s chief investment officer warns of AI bubble risk

[SINGAPORE] With artificial intelligence (AI) emerging as one of the biggest structural themes in global markets, concerns are rising about the potential for bubbles, where inflated valuations could collapse leading to a sudden loss of value.

A*Star launches four joint research projects in aerospace and manufacturing with SAESL, Rolls-Royce and Singapore SMEs

[SINGAPORE] The Agency for Science, Technology and Research (A*Star) on Friday (Oct 3) launched four joint research projects in aerospace and manufacturing.

Redas calls for stronger push to attract young talent in built-environment sector

[SINGAPORE] The Real Estate Developers’ Association of Singapore (Redas) has called for greater efforts to attract and train young talent in the built-environment sector.