Daily Debrief: What Happened Today (Jan 28)
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Khazanah, Temasek seen putting Marina One up for sale at S$5 billion to S$6 billion
[SINGAPORE] Malaysian sovereign wealth fund Khazanah Nasional and Singapore’s Temasek are mulling a sale of Marina One’s office and retail components, which market watchers expect to be put up for sale soon with a total asking price in the S$5 billion to S$6 billion range.
ST Engineering books record S$18.7 billion in contract wins for FY2025
[SINGAPORE] Singapore Technologies Engineering’s total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6 billion total in 2024 by about 49 per cent, the group announced on Wednesday (Jan 28).
Nanyang Optical plans to enter into voluntary liquidation after 65 years, will close 4 of 6 stores
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[SINGAPORE] Established home-grown eyecare chain Nanyang Optical plans to enter into voluntary liquidation after 65 years of operations, following a review of the business by its directors.
Indonesian equities plunge after MSCI flags ownership, free float concerns
[JAKARTA] Jakarta stocks tumbled on Wednesday (Jan 28) after global index provider MSCI said it would pause certain index adjustments for Indonesian companies, citing unresolved concerns over tightly held ownership structures.
[SINGAPORE] Amid a volatile macroeconomic environment in 2025 fraught with trade tensions and disruptions, Singapore companies are expected to grow their annual revenue by S$12.3 billion and create 10,000 skilled jobs through projects supported by Enterprise Singapore (EnterpriseSG).
Share of loss-making deals in condo resale creeps up in Q4: report
[SINGAPORE] The share of private residential properties resold at a loss edged up for the third straight quarter in Q4 2025.
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