MPs also raised questions about the impact of tighter regulations for data centres on competitiveness, and debated new transport laws that would strengthen rules governing the sale of active mobility devices among other changes.

MPs also discussed how drivers' livelihoods may be affected by the future roll-out of autonomous vehicles.

Nine Crystal Jade restaurants remain open in Singapore, with no further outlet closures expected, its receivers say.

Speaking to the media after the hearing, Nivya Rameshwar's mother said: "It's painful, it's something that could've been prevented."

The 15-year-old student was suspended midair in his harness for more than half an hour before being lowered to safety.  

Temasek's Dilhan Pillay Sandrasegaran and DBS' Tan Su Shan spoke at the Forbes Global CEO Conference, where American billionaire investor Ray Dalio also warned of a "classic bubble".