# Daily Debrief: What Happened Today (Jul 20)

> Source: <https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-jul-20>
> Published: 2026-07-20 10:22:00+00:00

# Daily Debrief: What Happened Today (Jul 20)

Stories you might have missed

[CICT to reconfigure Paragon, including Metro space](https://www.businesstimes.com.sg/property/cict-reconfigure-paragon-including-metro-space)** **

[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) is advancing plans to optimise and selectively reconfigure parts of Paragon, including areas currently occupied by Metro.

**Rising AI bills push Singapore companies to chase ROI over ‘tokenmaxxing’**

[SINGAPORE] Companies in Singapore are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology. This is as rising AI spending pushes them to __ demand clearer returns on investment (ROI)__.

**UOB taps banking veteran Judy Chan to lead Hong Kong private wealth push**

[SINGAPORE] UOB is bolstering its private banking ranks in Hong Kong with the appointment of industry veteran Judy Chan as managing director, as the Singaporean lender moves to capture a larger slice of Asia’s booming wealth market.

**Singapore, South Korea reshape Vietnam’s FDI mix as Chinese inflows halve**

FRESH Chinese investment pledges into Vietnam slumped by more than half in the first half of 2026, while Singaporean and South Korean investors are making bigger bets, reshaping the South-east Asian country’s foreign direct investment (FDI) mix.

**UOBKH nudges SIA target price up S$0.10 on second-quarter optimism**

[SINGAPORE] UOB Kay Hian (UOBKH) on Thursday (Jul 16) marginally increased its target price for __ Singapore Airlines (SIA) : C6L -0.92%__ on optimism of a rebound in the airline’s profitability in the second quarter.

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