The Business Times

Liquidators of Hin Leong, top creditor HSBC seeking repayment in civil suit The liquidators are asking Lim Oon Kuin as well as his children to be “personally responsible” for all the company’s debts.

WeWork says no plans to exit Singapore but landlords watching closely “Singapore is and remains a key market for WeWork. We have no plans to exit any of our 14 locations, which continue to track high occupancy,” a WeWork…

Singapore knocks on the doors of a paradigm shift Shorter business cycles, range-bound asset values and volatile markets are set to become commonplace. There is no room for complacency.

Luxury-car COE categories hit record prices Prices for Category B rose the most in this round: 7.5 per cent or S$8,888 to S$126,889, a new record.

China’s Internet giants order US$5 billion of Nvidia chips to power AI ambitions: FT Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth US$1 billion to acquire about 100,000 A800 processors from th…

#BTOpinion: Gojek-Deliveroo tie-up presents chance to dislodge Grab Gojek could lean on Deliveroo’s already established relationships with restaurants while Deliveroo could tap on customers and riders who were already fa…

‘A fighting chance’: Why Mirxes chose Hong Kong over Singapore for its IPO Chief executive Dr Zhou Lihan explained, "If we raise at a lower valuation that doesn’t give us enough ammunition, it actually defeats our entire…

HDB resale volumes rebound in July, prices stay on the uptrend: SRX, 99.co By flat type, 45.2% of overall volumes for July came from four-roomers. Five-room flats contributed to 24.8%, with 23.8% from three-room resale t…

CDL H1 profit falls 94.1% to S$66.5 million on absence of divestment gains This was mainly due to the absence of significant divestment gains booked in H1 2022, as well as greater financing costs and impairment losses fo…

No-agent property platforms sprouting up but they’re not eating agents’ lunch yet Kucing, a peer-to-peer platform which is agent-free, believes that there is a gap in the market where “frustration exists on both sides fo…

Singapore firms less pessimistic about H2 prospects: BT-SUSS poll The survey consultants expect Singapore's GDP to pick up in the third quarter on signs that the manufacturing contraction is bottoming out.