Daily Debrief: What Happened Today (Jun 3)

Stories you might have missed

Land for 4,745 private homes supplied in H2 2026 GLS confirmed list, including Jurong Lake District white site

[SINGAPORE] The Ministry of National Development (MND) will release land on the confirmed list for about 4,745 private housing units in the second half of the year. This is 3.7 per cent higher than the 4,575 units’ land supply in the first half. Both figures include executive condominium (EC) units.

Orchard plot, Jurong East EC, Raffles Town Club site among 10 new housing parcels in H2 GLS plan

[SINGAPORE] Ten new residential sites will be on offer under the government land sales (GLS) programme for the second half of 2026, with plots in Orchard Boulevard, Tanjong Rhu and Jurong East expected to draw interest.

Singapore among countries facing proposed US levy of at least 10% over forced labour imports

[WASHINGTON] The US is proposing tariffs of at least 10 per cent on imports from most major trading partners, including Singapore, following an investigation into goods allegedly produced by forced labour, as President Donald Trump seeks to rebuild the sweeping tariff wall struck down by the US Supreme Court.

Don’t just pump money – Temasek’s portfolio firms, markets must create inherent value: Teo Chee Hean

[SINGAPORE] From time to time, Temasek faces criticism for being “too dominant” in Singapore’s stock exchange, and that – according to chairman Teo Chee Hean – is something the investment company has to contend with.

Rupiah hits new low, breaches 14,000 threshold against Singdollar

[SINGAPORE] The Indonesian rupiah fell past a historic threshold against the Singapore dollar on Wednesday (Jun 3), breaching the SGD/IDR 14,000 mark for the first time as escalating oil prices and fiscal pressures weighed on Indonesian markets.

Vin’s Holdings’ probe confirms fraud risks linked to S$44,300 in irregular transactions involving ex-staff

[SINGAPORE] Vin’s Holdings announced the completion of a special investigation audit, which confirms earlier findings of fraud risk indicators present in connection with certain irregular transactions linked to a former employee.