Daily Debrief: What Happened Today (Jan 5)

Stories you might have missed

Genting scion to refresh Zouk in ‘multimillion dollar’ revamp, CICT extends flagship venue’s lease

[SINGAPORE] Entertainment and lifestyle group Zouk will embark on a “multimillion dollar” renovation across its four Singapore club venues as it aims to host a broader swathe of events.

KL-JB ETS rail service rush puts fares under the spotlight

[KUALA LUMPUR] Malaysia’s Kuala Lumpur-Johor Bahru Electric Train Service (ETS) is seeing a festive-season rush beyond the December holidays into Chinese New Year and the Hari Raya travel window, that is reviving long-suppressed travel demand.

Private-hire car rental company Lumens ends leases early for around 100 drivers

[SINGAPORE] Private-hire car (PHC) rental company Lumens has ended leases early for around 100 hirers since November 2025, with the cars returned to the company.

Ex-DPM Heng Swee Keat retires from MAS board of directors after two decades

[SINGAPORE] Former deputy prime minister Heng Swee Keat has stepped down from the Monetary Authority of Singapore (MAS) board of directors after two decades of service.

Expect carved-out Jurong Lake District site to draw warm response from developers

[SINGAPORE] Plans to develop Jurong Lake District (JLD) as Singapore’s second Central Business District (CBD) were dealt a blow when the Urban Redevelopment Authority (URA) did not award the tender for a 6.5 hectare (ha) white site in JLD in September 2024.

UOB lifts 2026 Singapore GDP forecast on ‘solid’ Q4 growth, ‘outperformance’ in 2025; RHB maintains projections

[SINGAPORE] UOB on Monday (Jan 5) raised its 2026 gross domestic production growth forecast for Singapore to 2.6 per cent, from 2.1 per cent previously.