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Daily Debrief: What Happened Today (Aug 13)

Stories you might have missed

DBS announces senior leadership changes in Hong Kong, Indonesia and Taiwan divisions, taking effect in the coming months.

Singapore's Urban Redevelopment Authority releases two residential sites at Orchard Boulevard and Marina Gardens Lane for sale, with tenders closing in October.

MSCI removes Sembcorp, GoTo and Ayala Land from global benchmarks, relegating three of them to small-cap indexes.

StarHub's CEO anticipates consolidation among smaller mobile virtual network operators (MVNOs) by larger telcos.

ST Engineering reports a 27.1% increase in net profit to S$512.1 million for its first half, driven by strong segment growth.

Sembcorp Industries raises interim dividend, despite a 72% slump in first-half profit to S$150 million due to acquisition costs.

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Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

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