Daily Debrief: What Happened Today (May 28)

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Wilmar says it has not received official notice of Indonesia probe into suspected export under-invoicing

[SINGAPORE] Wilmar International said in a bourse filing on Thursday (May 28) that it has not received official notification of being under investigation by the Indonesian authorities for suspected under-invoicing and transfer-pricing of exports.

Indonesia’s commodity clout in numbers

[JAKARTA] Indonesia’s plan to centralise exports of key commodities under a state-controlled entity is shining a spotlight on just how deeply the world depends on the country’s coal, palm oil and minerals.

Singapore real wages up an improved 4% in 2025 as inflation eases; nominal wage growth slows: MOM

[SINGAPORE] Real wages rose in the Republic at a faster pace of 4 per cent in 2025, compared with 3.2 per cent in the year before, amid favourable business conditions and easing inflation, data from the Ministry of Manpower (MOM) showed on Thursday (May 28).

Teo Siong Seng to take leave of absence from Pacific International Lines and NUS in addition to SBF

[SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United States of colluding to fix the prices of dry containers, will take a leave of absence from his role as executive chairman and director of Pacific International Lines (PIL) with effect from Jun 8.

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Daily Debrief: What Happened Today (May 26)

Vietnam records strongest private capital rebound in years despite zero IPO exits

[HO CHI MINH CITY] Vietnam’s private capital market staged its strongest recovery in years in 2025, as investor confidence returned to one of South-east Asia’s fastest-growing economies.

Vietnam's top leader To Lam to make state visit to Singapore, give Shangri-La Dialogue keynote

[SINGAPORE] Vietnam’s Communist Party chief To Lam is heading to Singapore on Thursday (May 28) for a state visit, as he embarks on a series of overseas trips after being elected last month as the country’s president.