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Daily Debrief: What Happened Today (Oct 1)

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Private residential property prices in Singapore surged by 1.4% in the third quarter of 2026, while public housing resale values declined by an additional 0.2% during the same period, according to flash data released on Thursday, October 1. Jacqueline Loh, deputy managing director for Corporate Development at the Monetary Authority of Singapore, announced her departure from her position, effective November 1, as part of a senior leadership reshuffle at the financial institution.

Three Coliwoo serviced-apartment properties in River Valley, owned by the LHN group's listed co-living unit Coliwoo Holdings and accompanied by a private vehicle, were put up for sale at a combined cost of S$66.5 million. Starbuck's retail giant, DFI Retail Group, has ambitious plans to expand its presence in Vietnam and Thailand, aiming to transform its license for the beloved coffee chain into a "billion-dollar business" within a three-year timeframe.

Singapore's former Ministry of Trade and Industry has been rebranded as the Ministry of Energy, Trade and Industry, signaling a shift toward prioritizing energy matters as the nation explores nuclear fusion as a potential clean energy solution. The Singaporean director of a car-leasing company faced a significant legal consequence when he was sentenced to four years and seven months in jail for evading S$11.1 million in duties, taxes, and underpaying the additional registration fee, resulting in a total deficit of S$11.1 million.

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.

Read the original at businesstimes.com.sg →

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