
Daily Debrief: What Happened Today (Jan 27)

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Micron invests US$24 billion to expand its Singapore manufacturing complex, creating 1,600 jobs, totaling US$60 billion in investments in Singapore. KKR sells Goodpack to the Lam family for US$1.4 billion after putting it up for sale in October 2024. Far East Organization sells a Tuas industrial asset for S$121.1 million in a joint venture. The STI index breaks 4,900 as DBS and OCBC gain over 1%. New SkillsFuture funding criteria prioritize industry-relevant skills for 500 training providers. Indonesian coffee chain Kopi Kenangan achieves its first profitable year, driven by a 159% increase in new customers.
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