Daily Debrief: What Happened Today (Sep 14)
Stories you might have missed
In 2025, Singapore issued bonds worth an unprecedented US$95 billion, marking a 21.8% increase from the previous year. This surge in bond issuance was attributed to refinancing requirements and growing demand from investors seeking capital for AI, technology, and infrastructure projects.
An affiliate union of the National Trades Union Congress (NTUC) in Singapore, the Singapore Manual & Mercantile Workers' Union (SMMWU), joined forces with other non-governmental organizations to urge former True Group employees to seek necessary assistance following the company's liquidation.
On September 14, Indonesia replaced its Finance Minister, Purbaya Yudhi Sadewa, with Deputy Finance Minister Suahasil Nazara. This reshuffle at the country's powerful finance ministry is the latest in a series of changes at the institution.
UOB Kay Hian (UOBKH), a prominent bank in Singapore, has maintained an "overweight" stance on Singapore real estate investment trusts (S-Reits) amidst a global surge in bond yields. The bank considers domestic S-Reits a "oasis of calm" in the face of rising global bond yields, which negatively impact overseas-exposed assets.
Despite calls for a two-day driver boycott, Grab's operations in Vietnam continued smoothly over the weekend. However, the Singapore-based ride-hailing giant faces growing pressure from drivers and regulators over issues such as driver earnings, commissions, and decreasing take-home pay.
The Singapore Exchange (SGX) announced plans to offer cryptocurrency perpetual futures to US institutions, becoming the first major traditional exchange to introduce a popular crypto trade to the mainstream market.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
