The Business Times

Indonesia’s biggest IPO of 2025 surges 500% as tycoon Pangestu fever grips the market Since Chandra Daya Investasi debut earlier this month, the stock has added nearly US$7 billion to his fortune this year.

No one to be left behind in Singapore’s AI push, says Tan Kiat How The government is setting up the infrastructure and investment ecosystem to help businesses and workers use the technology, he says.

Johor tees up for cross-border golf boom as Singapore cuts number of courses Malaysia’s southern state has 28 courses. Insiders say 60% of the golfers are Singaporeans, lured by cost, proximity and a laid-back vibe.

S$15.8 million deal at Leedon Residence tops Q2 resale gains with seller earning S$3.3 million profit Executive condos remain the most profitable by percentage, with sellers reaping profits of up to 143%.

HDB launches more than 5,500 BTO flats in July exercise Prices range from S$148,000 for a two-room flexi in Sembawang to S$658,000 for a five-room unit in Tampines, before grants.

Passenger car COE premiums flat as Category A remains above S$100,000 The premiums in the commercial vehicle, motorcycle and Open categories are all up in July’s second round of bidding.

Singapore’s core inflation holds steady at 0.6% in June, beating forecasts Economists still expect monetary policy settings to hold steady at the Jul 30 policy meeting.

Hotel Miramar Singapore close to sealing sale at under S$200 million Asset manager Aravest, a unit of Sumitomo Mitsui Finance and Leasing, is tipped as the buyer and is expected to rope in an international hotel manageme…

Malaysia PM announces RM100 cash handout for all adults to head off rising costs The aid is expected to benefit some 22 million people and cost the government about RM2 billion.

Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs JPMorgan Chase has said it will fire any analysts who accept outside job offers within 18 months of joining the firm.

SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand Revenue is up 33.4% at S$358.4 million, while expenditure rises ‘at a slightly slower rate’ of 32% to S$353.3 million.

MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts However, they caution that success will hinge on how asset managers execute mandate and use resources.

SingPost divests freight forwarding business Famous Holdings for S$177.9 million Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash.

Start your day with BT ☕️: Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust Top Stories: 1. Singapore: No one to be left behind in Singapore’s AI push, says Tan Kiat How 2. Companies…

Marcos meeting with Trump yields 19% tariff for Philippines Just earlier this month, Trump threatened a 20% charge for the US ally. Trump says trade deal struck with Japan includes 15% tariff: