Daily Debrief: What Happened Today (May 26)
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Singapore factory output up 17.6% in April on AI-related electronics surge, beating forecasts
[SINGAPORE] The Republic’s factory output jumped 17.6 per cent year on year in April on a surge in electronics manufacturing, extending the previous month’s downwardly revised 9.2 per cent rise, data from the Economic Development Board (EDB) showed on Tuesday (May 26).
Canberra Drive executive condo site is first to test market after EC rules tightened
[SINGAPORE] In what will be the first test of developer appetite for executive condominium (EC) projects following a fresh tightening of rules, the government has launched the tender for an EC site at Canberra Drive in Sembawang.
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
[JAKARTA] Indonesia is investigating several exporters of crude palm oil (CPO) for suspected under-invoicing and transfer-pricing practices, in a move that underscores Jakarta’s broader effort to tighten control over strategic commodity flows.
Sats may reward shareholders with special dividend if there’s spare cash
[SINGAPORE] Air freight handler and in-flight caterer Sats : S58 +5.64% may pay out a special dividend or buy back shares when it has the spare cash.
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move
[SINGAPORE] 2026 is shaping up to be a banner year for nuclear energy in Asia – as India and China ramp up additions and energy security fears from the Middle East war further fuel South-east Asia’s exploration of the power source.
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