Daily Debrief: What Happened Today (Oct 1)

Stories you might have missed

ExxonMobil to cut up to 500 Singapore employees by end-2027 as part of global restructuring

[SINGAPORE] ExxonMobil announced an overhaul of its Singapore operations on Wednesday (Oct 1) that will result in up to 500 job losses, and the relocation of its corporate office from HarbourFront to its Jurong manufacturing site by the end of 2027.

Singapore private home prices up 1.2% in Q3, volumes rise 29%

Private residential prices rose 1.2 per cent in the third quarter of 2025, more quickly than the 1 per cent increase in Q2, flash estimates released by the Urban Redevelopment Authority on Wednesday showed.

CICT overtakes Hong Kong’s Link Reit to become Asia’s largest Reit

This comes on the heels of a private placement in August, where CapitaLand Integrated Commercial Trust’s manager issued some 284.4 million new units at S$2.11 apiece.

HDB resale price growth slows further to 0.4% in Q3: flash data

Resale prices of Housing & Development Board flats continued to rise in the third quarter of 2025, but at a slower pace of 0.4 per cent compared with 0.9 per cent in the second quarter.

Luxury hotel Aman Singapore to open in country’s tallest skyscraper

Luxury hotel brand Aman is making its Singapore debut at The Skywaters at 8 Shenton Way – the 63-storey skyscraper set to become the nation’s tallest building when it is completed in 2028.

Nintendo establishes Singapore unit to accelerate South-east Asia business

Japanese video game giant Nintendo on Tuesday announced the creation of a business unit in Singapore, aimed at “accelerating (its) business in South-east Asia”.