The Business Times

UOB Q2 profit rises 27% to S$1.4 billion UOB’s net profit for the second quarter rose 27% on higher net interest income, and trading and investment income – the latter hitting an “all-time high”.

Trans-cab purchase signals grab for drivers and maybe profits While Grab's planned purchase of taxi operator Trans-cab could kick off more deals in South-east Asia’s point-to-point (P2P) transport market, consumers are w…

Hi-P International executive chairman wins top accolade at Singapore Business Awards Yao Hsiao Tung impressed judges for his tenacity, which enabled him to turn a loss-making business into one of Singapore’s most diversi…

Volatile electricity prices zap number of Singapore households on retail contracts Nearly 40% of Singapore households are under retail contracts for their power needs.

Singapore’s ‘007’ who took the world by storm with his chips This self-made multi-millionaire, who was among Forbes 50 richest Singaporeans in 2021, walks for an hour to get home from his workplace in Fusionopolis on mos…

Ho Kwon Ping, Royston Tan among official backers of Tharman’s presidency Prominent businessmen, former public servants, grassroots leaders and a filmmaker are among those who have thrown their support behind former senio…

Top Global sells two ground-floor retail units in 15 Scotts for S$31.08 million The buyer, jewellery store House of Hung, is currently operating out of Far East Shopping Centre, where a collective sale has been launched.

📊Corporate earnings round-up: 1. SIA Engineering Q1 net profit more than doubled to S$27 million 2. Mapletree Logistics Trust posts 0.1% rise in Q1 DPU to S$0.02271 3. Keppel Reit H1 DPU falls on higher property expense…

Fed set to raise rates to 22-year high and decide if it’s done hiking Federal Reserve policymakers are poised to hike interest rates to the highest level in 22 years, while retaining a tightening bias that signals the po…

GIC 20-year annualised return at 4.6%, highest in eight years GIC noted that 2022 was a weak year across most asset classes due to the rapid rise in interest rates, and increasing its portfolio’s resilience was a key foc…

Singapore biotech Mirxes files for Hong Kong IPO after raising US$50 million Until recently, Singapore-based Mirxes was caught between listing locally or overseas. The Series D funding values the company at around US$600…

High Court rules crypto asset holder has legally enforceable property right in landmark decision Case involves woman going on a luxury spending spree in 2022, including splurging S$3.7 million on a freehold penthouse apa…