---
title: "Daily Debrief: What Happened Today (Jul 28)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294055321.md"
description: "Singapore's government extends ABSD deadlines for large en bloc sites to boost land deals. Total AUM rose 10.1% to S$6.7 trillion as MAS pushes competitiveness. Tech stocks slid amid a global chip sell-off, though CXMT surged. DBS launched agentic AI for 350,000 corporate clients. Mapletree initiated a 1.5 billion yuan China logistics fund with China Life Capital. Keppel surpassed its S$100 billion FUM target ahead of schedule."
datetime: "2026-07-28T11:08:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294055321.md)
  - [en](https://longbridge.com/en/news/294055321.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294055321.md)
generator: "portal-rs"
---

# Daily Debrief: What Happened Today (Jul 28)

Stories you might have missed

**ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land**

\[SINGAPORE\] The government will extend a critical sales timeline for developers of large en bloc sites to up to seven years, a move expected to give a boost to collective sale land deals often stalled by viability concerns.

* * *

**Singapore AUM up 10.1% at S$6.7 trillion as MAS eyes competitiveness push**

\[SINGAPORE\] Total assets under management (AUM) in Singapore rose 10.1 per cent to S$6.7 trillion as at the end of 2025, on the back of robust market performance and net inflows.

* * *

**Singapore tech stocks slide as chip sell-off spreads in Asia despite CXMT surge**

\[SINGAPORE\] Technology and semiconductor stocks in Singapore slid on Tuesday (Jul 28) as a global memory chip rout that saw Applied Materials shares slide also spread in Asia.

* * *

**DBS introduces agentic AI to 350,000 corporate clients**

\[SINGAPORE\] DBS on Tuesday (Jul 28) rolled out an agentic artificial intelligence assistant to 350,000 of its corporate clients in Singapore, including small and medium-sized enterprises.

* * *

**Mapletree launches first China onshore logistics fund with 1.5 billion yuan AUM**

\[SINGAPORE\] Mapletree Investments has launched its first China logistics renminbi (RMB) fund with China Life Capital, with about 1.5 billion yuan (US$221.6 million) in assets under management.

* * *

**Keppel exceeds S$100 billion target for funds under management ahead of schedule**

\[SINGAPORE\] Global asset manager and operator Keppel : BN4 +2.73% has surpassed its end-2026 interim funds under management (FUM) target of S$100 billion ahead of schedule, the group announced on Tuesday (Jul 28).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**