---
title: "Daily Debrief: What Happened Today (Oct 26)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303069003.md"
description: "Singapore faces energy supply risks due to resource nationalism, prompting a S$5.3 billion grid upgrade and trebled storage capacity in its new five-year plan. Factory output growth slowed sharply to 3.4% in September. Simba risks losing its license over spectrum misuse. Luxury car COE quota rose 3.3%, while mainstream remained flat. CGS International and OCBC cut target prices for Frasers Centrepoint Trust despite record payouts."
datetime: "2026-10-26T10:47:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303069003.md)
  - [en](https://longbridge.com/en/news/303069003.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303069003.md)
generator: "portal-rs"
---

# Daily Debrief: What Happened Today (Oct 26)

Stories you might have missed

**Singapore faces energy risks with ‘resource nationalism’ that undermines contracts: Tan See Leng**

\[SINGAPORE\] Singapore will have to brace for greater risk of energy supply disruptions amid “resource nationalism” that undermines contracts, said Minister for Energy, Trade and Industry (Energy and Industry) Tan See Leng on Monday.

* * *

**Inside Singapore’s new five-year energy plan: S$5.3 billion grid upgrade, trebling of storage capacity**

\[SINGAPORE\] With Singapore’s electricity demand projected to rise as its economy grows, the city-state will be investing in the most significant build-up of its energy infrastructure in decades.

* * *

**Singapore factory output growth slows sharply to 3.4% in September, missing forecasts**

\[SINGAPORE\] The Republic’s factory output growth slowed sharply to 3.4 per cent year on year in September, from 15.4 per cent in August, as electronics production moderated and biomedical manufacturing contracted.

* * *

**Simba at risk of losing operating licence over spectrum misuse**

\[SINGAPORE\] Simba’s parent Tuas Ltd announced on Monday that the Infocomm Media Development Authority of Singapore has issued a notice to show cause over its misuse of telecommunications spectrum.

* * *

**COE quota: Luxury car supply up 3.3% as mainstream cars flat**

\[SINGAPORE\] The supply of Certificates of Entitlement for luxury cars will go up by 3.3 per cent, while that of mainstream cars will remain the same for the next three months.

* * *

**CGSI, OCBC cut FCT target price despite record FY2026 payout**

\[SINGAPORE\] CGS International and OCBC Group Research have lowered their target prices for Frasers Centrepoint Trust.

### Related Stocks

- [TUA.AU](https://longbridge.com/en/quote/TUA.AU.md)
- [J69U.SG](https://longbridge.com/en/quote/J69U.SG.md)
- [O39.SG](https://longbridge.com/en/quote/O39.SG.md)

## Related News & Research

- [Frasers Property Retail Trust Holdings Cuts Stake in Frasers Centrepoint Trust to 31.98% From 32.08%](https://longbridge.com/en/news/305024387.md)
- [OCBC debuts AI tool to automate business account maintenance](https://longbridge.com/en/news/305279232.md)
- [OCBC 3Q26 Net Profit Falls 8% Quarter-on-Quarter to S$ 2.04 Billion](https://longbridge.com/en/news/304564969.md)
- [Oversea-Chinese Banking Corporation: Record banking results lifted 3Q26 profit as GEH investment losses weighed on growth](https://longbridge.com/en/news/304549290.md)
- [Singapore's OCBC third-quarter net profit up 3% on-year, above forecasts](https://longbridge.com/en/news/304541501.md)

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