Daily Debrief: What Happened Today (Jun 13)

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Middle East tensions hit Asian and Asean markets; oil and gold prices spike

[SINGAPORE] A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military infrastructure, stoking fears of a wider regional conflict.

Jetstar Asia’s demise suggests Singapore could do more to attract, keep airlines at Changi 

[SINGAPORE] Jetstar Asia’s (JSA) departure shows that Singapore cannot take its competitiveness as an air hub for granted – and suggests that it can do more to attract and retain airlines.

Home-grown and high-end: Malaysia’s smart farms rewrite the food map

[KUALA LUMPUR] Imagine biting into a perfectly sweet golden melon picked just days ago in Johor, or baking with fragrant vanilla harvested from a hillside town in Selangor. This isn’t just farm-to-table – it’s backyard-to-table.

MND to release land on confirmed list for 4,725 private housing units in H2 2025, down 6% from 5,030 units in H1 

[SINGAPORE] The Ministry of National Development (MND) on Friday (Jun 13 ) said that it will release land on the confirmed list for about 4,725 private housing units in the second half-year, a drop of 6 per cent from the 5,030 units’ land supply in the first half of 2025.

Singapore, Indonesia sign three MOUs for energy trade, decarbonisation, sustainability collaboration

[SINGAPORE] Singapore and Indonesia on Friday (Jun 13) signed three memorandums of understanding (MOUs) on cross-border electricity trade, carbon capture and storage, and a sustainable industrial zone.

Singapore Airlines tumbles 2.1% after Air India plane crash

[SINGAPORE] Shares of Singapore Airlines (SIA) dived on Friday (Jun 13) morning after an Air India plane bound for London crashed on Thursday.

Singapore shares fall on Friday amid Middle East tensions; STI down 0.3%

[SINGAPORE] Local stocks ended lower on Friday (Jun 13), in line with losses in global markets as tensions in the Middle East led investors to cut their risk exposure ahead of the weekend.