“More so than ever, all Grabbers need to adopt a frugal and prudent mindset as we prepare for 2023,” CEO Anthony Tan said in his memo to employees, a month after Grab raised its 2022 revenue forecast.
44-year-old Princess Bajrakitiyabha Narendira Debyavati collapsed while training her dog for a Royal Thai Army event. The Royal Household Bureau said she fell unconscious due to a heart condition.
“Unfortunately, we don't share the Fed’s view that there will be a soft landing, and we think that the tightening will result in mild to moderate recession next year,” Deutsche Bank senior economist Brett Ryan said.
“Uncertainty will remain and risk will remain with the infection situation continuing to affect consumption and also whether the situation will be under control, especially in factories,” ANZ's Greater China chief economist Raymond Yeung said.