Daily Debrief: What Happened Today (Aug 1)

Daily Debrief: What Happened Today (Aug 1)


Stories you might have missed

OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion

The lender declares an interim dividend of S$0.41 per share, in line with its 50% interim payout policy.


Most Asean nations get softer US tariffs to cushion growth risks ahead of Aug 7 hikes

But the 40% tariff on transshipped goods now applies beyond Vietnam.


Insurers responsible for 94% of workplace injury claim payouts: MOM

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Investigations ongoing for alleged fraud flagged by Sumo Salad’s late owner, Jane Lee.


Automotive distributor Cycle & Carriage Singapore suffers data breach; 147,000 records stolen

Some personal information leaked, but not banking or credit card details.


‘Who’s going to buy a S$9 croissant?’: Singapore’s artisanal bakeries crumble under cost pressures, softening demand

Survival hinges on flexible leasing, strategic locations and alternative formats, analysts say. 



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