Daily Debrief: What Happened Today (Aug 6)

Stories you might have missed

Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms

[SINGAPORE] Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The authorities have confiscated more than 2 million hectares (ha) of allegedly illegal forest concessions, raising concerns over the impact of the potential fallout on these companies’ operations.

COEs: Large car category hits new 2025 high of S$124,000; most premiums rise 

[SINGAPORE] The Certificate of Entitlement (COE) premium for larger, more powerful passenger cars (Category B) has reached a new high for the year, as the premiums for all categories, except for motorcycles, went up.

These 5 SGX listcos made it to Forbes Asia’s ‘Best Under A Billion’ list

[SINGAPORE] Forbes Asia announced its 2025 “Best Under A Billion” list on Tuesday (Aug 5), which comprises 200 top-performing small and mid-cap firms in the Asia-Pacific region this year.

CapitaLand Integrated Commercial Trust raising S$600 million in private placement

[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) on Wednesday (Aug 6) announced the launch of nearly 284.4 million new units to raise gross proceeds of around S$600 million, priced at S$2.11 apiece.

Will OCBC’s incoming CEO Tan Teck Long be a safety steward or a transformative leader?

[SINGAPORE] Helen Wong made waves when she was appointed group chief executive of OCBC in April 2021 – becoming the first female to lead a major local bank.

Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%

[SINGAPORE] Local stocks closed higher on Wednesday (Aug 6), marking a third consecutive day of gains despite a mixed regional market performance and Wall Street’s decline the previous day. The US market dip followed weak services data that compounded concerns over last week’s soft jobs report.