Daily Debrief: What Happened Today (Sep 22)

Stories you might have missed

One-third of Singapore-listed firms at risk in severe AI downturn: MAS

[SINGAPORE] Around 32 per cent of Singapore-listed companies will be at risk under a severe downturn in artificial intelligence-related investment and loss of revenue along the AI supply chain, a stress test by the Monetary Authority of Singapore has shown.

Singapore ‘always chooses Singapore’s side’ amid US-China rivalry: Chan Chun Sing

[SINGAPORE] Singapore does not avoid choosing sides amid intensifying competition between the US and China – it chooses based on its own national interest, Defence Minister Chan Chun Sing said on Tuesday (Sep 22).

Seatrium allocates S$200 million for new share buyback programme

[SINGAPORE] Seatrium’s new share buyback programme will be worth S$200 million – double the size of its previous one – in a move it says shows its confidence in its long-term outlook.

Will S$70,000 per child entice couples to have kids? Worries over a dystopian future must be overcome

[SINGAPORE] While couples will be comprehensively supported in their parenthood journeys, might increasingly well-educated and well-informed couples baulk at having children, not just because having kids impacts lifestyles and household finances but also due to fear over what the future holds?

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Daily Debrief: What Happened Today (Sep 21)

Singapore’s BDx starts construction of 640 MW AI data centre in Indonesia

[JAKARTA] Singapore-based data centre operator BDx Data Centers on Tuesday (Sep 22) broke ground on a 640-megawatt artificial intelligence data centre campus in West Java, Indonesia.

Safran launches US$22 million landing gear MRO facility in Singapore

[SINGAPORE] Aviation company Safran Landing Systems Services Singapore launched a major new site on Tuesday (Sep 22), expanding the French aviation giant’s Asia-Pacific maintenance, repair and overhaul capabilities.