Daily Debrief: What Happened Today (Jul 13)

Published Mon, Jul 13, 2026 · 06:34 PM
    • The new facility will be one of the most advanced automated grocery distribution centres in South-east Asia.
    • The new facility will be one of the most advanced automated grocery distribution centres in South-east Asia. PHOTO: LIANHE ZAOBAO

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    Sheng Siong invests S$520 million to build new future-ready distribution centre

    [SINGAPORE] Supermarket operator Sheng Siong broke ground on Monday (Jul 13) on a new integrated headquarters and distribution centre (IHDC) in Sungei Kadut, as part of a S$520 million investment to support its next phase of growth.


    Singapore fuel distributor Global Group doubles down on Timor-Leste with US$10 million oil terminal

    [DILI] Singapore oil and gas firm Global Group on Sunday (Jul 12) began the construction of its first fuel storage terminal in Timor-Leste, where the company said it commands nearly two-thirds of the onshore fuel market.


    Singapore, Hong Kong IPO rebound set to continue into H2 2026, but risks remain

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    [SINGAPORE] A revival in initial public offerings in Singapore and Hong Kong is expected to extend into the second half of 2026, as regulatory reforms and improving market liquidity sustain a strong recovery in listing activity.


    Johor landslide win fuels early Malaysia general election talk

    [KUALA LUMPUR] Barisan Nasional’s landslide victory in last Saturday’s (Jul 11) Johor state election has intensified speculation over an early general election, with market observers now turning their attention to the Aug 1 Negeri Sembilan polls as the next key test for Malaysia’s political trajectory.


    5 reasons why analysts are still upbeat on S-Reits despite interest rate pressure

    [SINGAPORE] Real estate investment trusts (Reits) in Singapore have had a sluggish start to 2026, with the FTSE ST Reit Index, which tracks locally listed Reits, down about 6 per cent in the year to date.


    SGX securities trading value jumps 72% in June, caps ‘stellar’ FY2026

    [SINGAPORE] Robust trading activity across both cash equities and derivatives in June propelled the Singapore Exchange (SGX) to a strong finish for its 2026 financial year, the local bourse said on Monday (Jul 13).

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