Daily Debrief: What Happened Today (Jun 30)
Sharon Lee
Stories you might have missed
Singtel CEO’s pay falls 17% to S$6.8 million in FY2026 on Optus incident and Singapore outages
[SINGAPORE] Singtel CEO Yuen Kuan Moon had his pay slashed 16.9 per cent to S$6.8 million for FY2026, owing to the “triple zero” incident at its Australian unit Optus and Singapore network outages.
Indonesia jails Gojek founder Nadiem for 10 years, orders US$48 million restitution
[JAKARTA] An Indonesian court on Tuesday (Jun 30) sentenced Gojek founder and former education minister Nadiem Makarim to 10 years in prison over corruption linked to a multi-trillion-rupiah school laptop procurement programme during his time in office, bringing to a close one of the country’s landmark graft cases.
DBS completes US$1 billion significant risk transfer deal, a first for Singapore bank
[SINGAPORE] DBS has completed a significant risk transfer (SRT) transaction referencing a US$1 billion portfolio of corporate loans, marking the first such deal by a Singapore bank, it said on Tuesday (Jun 30).
Japan’s yen has hit a 40-year low. Here’s what you need to know
[SINGAPORE] The yen has plunged to its weakest level against the US dollar in decades, sliding to a 40-year low on Monday (Jun 29).
[SINGAPORE] Households in Singapore will see a 17 per cent increase in electricity tariff from July to September, while town gas tariff will also go up by 7.1 per cent.
MAS imposes S$120,000 penalty on doctor for insider trading of Singapore Medical Group shares
[SINGAPORE] The Monetary Authority of Singapore (MAS) on Tuesday (Jun 30) imposed a civil penalty of S$120,000 on Dr Kenneth Chua for insider trading of shares of Singapore Medical Group Limited (SMGL).
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