Ong Ye Kung dismayed by S$52,000 clinic rent bid; HDB to roll out new tender approach for GP clinics | CDL selling its 50.1% South Beach stake to its Malaysian partner IOI for S$834 million, yielding S$465 million gain

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Breakfast Brief Thursday, June 5, 2025 Ong Ye Kung dismayed by S$52,000 clinic rent bid; HDB to roll out new tender approach for GP clinics [SINGAPORE] Minister for Health Ong Ye Kung has expressed his dismay at the S$52,188 bid a GP clinic in Tampines received in a tender which closed in January this year. CDL selling its 50.1% South Beach stake to its Malaysian partner IOI for S$834 million, yielding S$465 million gain [SINGAPORE] City Developments Limited (CDL) agreed to sell its majority stake in one of Singapore's most iconic office complexes, according to a source familiar with the… HOCK LOCK SIEW Companies should look to include 30- and 80-year-olds in their top executive teams [SINGAPORE] Piyush Gupta's tenure as DBS' chief executive officer ended with a bang as the group posted record net profit of S$11.29 billion for 2024, and he received a… Most COE category premiums down; mainstream car category drops 5.4% to S$96,999 [SINGAPORE] All premiums dipped in the first round of Certificate of Entitlement (COE) bidding in June, except for the motorcycle category. Singapore Paincare worth up to S$0.37 a share, more than double its privatisation offer: Sias [SINGAPORE] The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling their shares amid the… BREAKING 07:34 AM US will not give Vietnam reprieve on tariffs, Lutnick says 07:12 AM US-China at trade impasse as Trump's steel tariff hike strains ties 07:05 AM Mercedes, BMW step up response to China export curbs to avoid shortages 07:00 AM Employers should encourage employees to start retirement planning early 07:00 AM Europe moves on from economic "peak pessimism" 07:00 AM Digital money and the art of the impossible 07:00 AM Indonesia's latest green energy plan still makes room for coal 07:00 AM Even after explosive run, European defence stocks may still have firepower left 06:52 AM Witness testifies Sean Combs dangled her from balcony 06:43 AM New Zealand house prices fall further even as loans get cheaper 06:42 AM A lingering Musk: The bromance is over. Will ex-aide Elon get up Trump's nose? 06:23 AM Oil settles 1% lower after US data shows large builds in fuel stocks 06:17 AM Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high 06:14 AM US economic activity declines as tariffs pressure prices, Fed says 06:10 AM US: Stocks mixed on slower hiring, economic uncertainty MORE BREAKING NEWS BT Short takes Futureproofing Businesses for Resiliency | BT x DBS Budget 2025 Dialogue Scam Awareness & Prevention Workshop for Seniors Workers of eFishery protest at its Bandung based headquarters MORE VIDEOS Latest Podcasts BT Money Hacks: Is now the time for ETFs? Market Focus Daily: Wednesday, June 4, 2025 WealthBT: Navigating a business sale MORE PODCASTS That's it for today's Breakfast Brief. Thank you for reading. You received this newsletter from someone? Sign up here to get daily updates right in your inbox. Other Good Reads Daily Debrief A round-up of all the important things that happened today. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. MORE NEWSLETTERS If you want to unsubscribe from this mailing list, click here.