Daily Debrief: What Happened Today (Jun 25)

Stories you might have missed

Frasers Property proposes S$2.1 billion restructuring of hospitality portfolio

[SINGAPORE] Real estate giant Frasers Property : TQ5 +1.87% is proposing a S$2.1 billion optimisation of its Frasers Hospitality Trust (FHT) portfolio, marking the next stage of its hospitality strategy following the trust’s privatisation last year.

Higher-for-longer US rates could boost Singapore banks’ earnings beyond 2026: analysts

[SINGAPORE] A more hawkish US Federal Reserve could provide an earnings boost for Singapore banks by slowing the pace of net interest margin (NIM) compression, analysts say.

OUE Reit selling Crowne Plaza Changi Airport for S$500 million; unitholders to get special payout

[SINGAPORE] OUE Hospitality Sub-Trust, a wholly owned subsidiary of OUE Reit : TS0U +1.41%, is set to sell the Crowne Plaza Changi Airport hotel for S$500 million to a Tokyo Century-OUE joint venture.

Malaysia’s Forest City family office push gains traction, but RM2 billion target looks a stretch

[JOHOR BAHRU] Forest City’s family office push has moved past paper approvals, with Maybank-assisted early single family offices (SFOs) now operating and holding more than RM700 million (S$219.3 million) in assets under management, according to Malaysia’s largest lender Maybank.

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Daily Debrief: What Happened Today (Jun 24)

URA releases two smaller housing sites in Sin Ming, Kallang for sale

[SINGAPORE] The Urban Redevelopment Authority (URA) on Thursday (Jun 25) released two smaller residential sites located in the city fringe – one along Lorong Puntong and Sin Ming Avenue, and the other at Kitchener Link – for sale under the government land sales (GLS) programme for H1 2026.

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

[SINGAPORE] Recent job cuts by e-commerce players Lazada, Shopee and Amazon highlight a broader shift in South-east Asia’s maturing e-commerce sector. This comes as platforms move beyond a growth-at-all-cost mindset to focus on profitability and competitive differentiation, say analysts.