Daily Debrief: What Happened Today (Jun 16)

Stories you might have missed

Singapore banks may need to address indirect exposure to captive coal in their financing policies

[SINGAPORE] Singapore lenders may need to review their overall coal financing policies to clarify how they treat captive coal, and provide granular disclosures on this front as they face increasing scrutiny over their exposure to the energy source.

Can ST Engineering aspire to challenge DBS to be king of the local bourse?

[SINGAPORE] Unsurprisingly, Singapore’s largest group by market capitalisation is a bank – DBS. Having a strong shareholder in Singapore-headquartered global investment company Temasek helps drive DBS’ success.

Zouk expands into Mice and concerts with S$6 million revamp, focuses on differentiated experiences

[SINGAPORE] Entertainment and lifestyle group Zouk is diversifying into the meetings, incentives, conferences and exhibitions (Mice) space and concerts, following a S$6 million revamp of its four main Singapore venues that will enable it to host a wider range of events.

Singtel, KKR-owned STT GDC opens its first South Korean data centre to tap AI boom

[SINGAPORE] Data centre provider ST Telemedia Global Data Centres (STT GDC) opened its first facility in South Korea on Tuesday (Jun 16), launching a 30-megawatt site in Seoul to capture surging demand for artificial intelligence and cloud infrastructure.

South-east Asia’s green power investments hit new high of US$17 billion in 2025: IEA

[SINGAPORE] South-east Asia invested US$17 billion in renewable energy last year, marking a new high since at least 2015, data from the International Energy Agency (IEA) showed.