Daily Debrief: What Happened Today (May 21)

Stories you might have missed

Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO

[SINGAPORE] Singtel is “seeking clarification” from regulators on its ability to participate in the consolidation of Singapore’s telecommunications space after the proposed sale of M1 to Simba Telecom collapsed earlier this week.

Why is Singtel seeking an Aussie partner for Optus?

[SINGAPORE] Along with announcing its latest results on Thursday (May 21), Singtel said it is “open” to working with potential Australian partners on Optus, its wholly owned subsidiary.

Some things to know about Teo Siong Seng, the Singapore shipping veteran accused by US of price collusion

[SINGAPORE] The US Department of Justice (DOJ) this week issued a statement accusing four of the world’s largest shipping container manufacturers of colluding to fix the prices of dry containers over four years.

Policy changes, construction demand push commercial vehicle COE premiums to new record

[SINGAPORE] Strong demand for commercial vehicles (CVs) spurred by the logistics and construction sectors, as well as changing bidding dynamics on policy shifts, are among the factors that have driven Certificate of Entitlement (COE) premiums to a new record.

Singapore ramps up AI push for SMEs with new initiatives, partnerships

[SINGAPORE] The government is stepping up efforts to make artificial intelligence “real” for businesses, particularly small and medium-sized enterprises (SMEs).

Who would buy Vietnam’s state-owned stakes – when Hanoi is ready to sell?

[HO CHI MINH CITY] After decades of stop-start progress, Vietnam is renewing its drive to accelerate privatisation and divestment of its state-owned enterprises (SOEs).