Daily Debrief: What Happened Today (Jun 3)
Stories you might have missed
Protect investors, but give private market fund managers flexibility, industry players tell MAS
[SINGAPORE] The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the feedback given by industry participants to the proposal by the Monetary Authority of Singapore (MAS) to broaden investor access to private assets.
South-east Asia’s export rush wanes as tariff clock ticks down
[SINGAPORE/KUALA LUMPUR/HANOI/JAKARTA] South-east Asia’s export boom may be running on borrowed time as traders rush to front-load goods ahead of the end of US President Donald Trump’s 90-day tariff pause on Jul 9, masking signs of fading momentum.
CDL places S$1,132 psf ppr top bid for plot next to Lakeside MRT station
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[SINGAPORE] City Developments has placed the top bid for a 99-year leasehold site next to Lakeside MRT station in the Jurong West area.
LTA to impose S$3 million fine on SMRT for major MRT disruption in 2024
[SINGAPORE] The Land Transport Authority (LTA) said on Tuesday (Jun 3) that it will impose a financial penalty of S$3 million on rail operator SMRT for the major disruption of train services on the East-West Line in September 2024.
[SINGAPORE] A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project.
Singapore stocks climb on the prospects of Trump-Xi talks this week; STI up 0.1%
[SINGAPORE] Local stocks ended Tuesday (Jun 3) higher as investors anticipated possible trade talks between China and the United States, with the confirmation that tariffs on some Chinese goods will be extended till Aug 31.
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