Daily Debrief: What Happened Today (Sep 8)
Stories you might have missedSingapore to help firms navigate turbulent energy market as Opec+ move adds to market challenges: Low Yen LingAPPEC 2025 kicks off in Republic amid rising market…
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling [SINGAPORE] The crude oil market is embracing a rising supply glut…
Indonesia shocks markets with removal of prominent finance minister Sri Mulyani
In a surprise Cabinet reshuffle by President Prabowo, she will be replaced by Purbaya Yudhi Sadewa, chairman of the Indonesia Deposit Insurance Corporation[JAKARTA] In a surprise move, Indonesian President Prabowo…
Singapore worker dormitory rents up 81.5% since 2019 as demand and costs grow: report
Year on year, rents rose 8.9 per cent in H1 2025 to an average of S$490 per bed per month[SINGAPORE] Rents of worker dormitories in Singapore increased by 81.5 per…
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
This could erode 74% and 65% of consensus Ebit margin forecast for FY2026 for Cosco Shipping Holdings and Orient Overseas (International), respectively [SINGAPORE] Chinese lines Cosco Shipping Holdings and Orient…
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
[SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to be…
China office developers offer sweeteners, lower rents to lure tenants
[HONG KONG] Chinese commercial property developers are seeking to lure tenants with value-added services such as subsidies for charging electric vehicles (EVs) in addition to lower rents, as they battle…
Singapore committed to helping firms navigate energy trade, technology and transition: Low Yen Ling
[SINGAPORE] As the global energy sector faces both trading uncertainty amid geopolitical tensions and transformation in a low-carbon future, Singapore remains committed to supporting firms navigating the turbulent landscape, said…
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.28 billion yuan, 7% up from earlier estimate
[SINGAPORE] CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.28 billion yuan (S$410.9 million) offering in the listing of a Shanghai unit.Its manager said in an…
SGX-listed plantation firms ride output gains, lure with dividends
[SINGAPORE] Singapore-listed plantation giants turned in a bumper first half of 2025 with double-digit profit and revenue gains. Analysts expect the growth streak to continue on the back of resilient…
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