Daily Debrief: What Happened Today (Apr 20)

Stories you might have missed

S$3.9b Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure

[SINGAPORE] The S$3.9 billion proposed acquisition of Paragon mall is set to cement CapitaLand Integrated Commercial Trust’s (CICT) dominance along the Orchard Road shopping belt and downtown stretch, and also gives it a foothold in Singapore’s high-end medical sector.

Sea to launch new AI centre to drive innovation and capability-building in Singapore

[SINGAPORE] Technology company Sea announced on Monday (Apr 20) that it will establish an Artificial Intelligence Centre of Excellence in Singapore.

A*Star, Microsoft team up to address AI adoption challenges in Singapore manufacturing

[HANNOVER] Manufacturers facing challenges in adopting artificial intelligence could soon see these barriers reduced, following a new partnership between Singapore’s Agency for Science, Technology and Research (A*Star) and Microsoft launched on Monday (Apr 20).

OCBC and partners launch South-east Asia’s first on-chain tokenised physical gold fund

[SINGAPORE] OCBC, its asset management arm Lion Global Investors, and digital asset exchange DigiFT on Monday (Apr 20) announced the launch of South-east Asia’s first tokenised physical gold fund available on a public blockchain.

ETFs traded on SGX hit record of over S$19 billion AUM on 117% Q1 turnover surge

[SINGAPORE] Exchange-traded funds (ETFs) on the Singapore Exchange (SGX) delivered a strong performance for Q1 2026 with assets under management (AUM) reaching more than S$19 billion.