Daily Debrief: What Happened Today (Jul 2)

Published Thu, Jul 2, 2026 · 06:30 PM
    • Park Jong-moon (left), president and CEO of Samsung Securities, and Tan Su Shan, CEO of DBS, at the signing ceremony. 
    • Park Jong-moon (left), president and CEO of Samsung Securities, and Tan Su Shan, CEO of DBS, at the signing ceremony.  PHOTO: DBS

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    DBS, Samsung Securities ink MOU to advance wealth management collaboration across Asia

    [SINGAPORE] DBS and Samsung Securities on Thursday (Jul 2) signed a memorandum of understanding (MOU) to partner in the area of wealth management, to enhance their services to clients in Asia.

    Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale

    [SINGAPORE] Owners at the freehold Serenity Park condominium in Yio Chu Kang have lowered their asking price for a collective sale by about 13 per cent to S$440 million.

    Great Eastern expands wealth advisory as it deepens push into HNW market

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    [SINGAPORE] Great Eastern’s accredited investor clients can now receive advisory services on both securities and structured products as the insurer deepens its push into the high-net-worth (HNW) segment.

    Maybank trims 2026 STI target to 5,500, says weak IPO debuts could dampen market

    [SINGAPORE] Maybank has marginally lowered its 2026 year-end target for the Straits Times Index (STI) to 5,500 points, from about 5,600 previously.

    Singapore High Court interprets vital term of Competition Act in case of price-fixing by warehouse operators

    [SINGAPORE] The Singapore High Court has defined a vital term of the Competition Act in the first appeal under this law, providing clarity on what conduct constitutes a restriction of competition.

    SP Group completes acquisition of EV charge point operator ChargEco 

    [SINGAPORE] SP Group has completed its acquisition of charge point operator (CPO) Strides YTL, which operates under the name ChargEco.

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