The Business Times

Temasek posts total shareholder return of -5.1% for FY23, worst performance in 7 years Temasek posted a one-year total shareholder return of negative 5.07% for FY2023 ended March and a net portfolio value of S$382 billio…

Looming startup failures are giving VCs a reality check Cash has become so precious that some investors are even asking for the return of money that had been raised right before the downturn.

A 200 billion yuan wave of selling pressure threatens China stocks For frustrated investors contemplating cashing in, it’s a chance for them to find a new home for their money, away from equities.

Katong Shopping Centre relaunches collective sale with unchanged S$638 million reserve price This makes it the fourth en bloc attempt for the owners of Katong Shopping Centre, which was first put up for sale in 2016 and…

Week-long trial for Violet Oon and family’s suit against business partner opens The stakeholders in the restaurant group Violet Oon Inc are disagreeing over salary increments paid to Oon and her children, Tay Su-Lyn and…

DBS to sell majority stake in AXS to private equity firm Tower Capital Asia DBS will retain a minority stake of 9.9% in AXS.

PODCAST: OCBC’s recent purchase of more Great Eastern shares has further narrowed the insurer’s public spread and increased the risk of its trade suspension. But its undervalued shares still hold great potential. #btpodc…

When there’s wayang in the workplace “In today’s environment, working hard in silence is not enough if you want to grow your career, as not all bosses are adept at assessing and recognising silent achievers’ contribution…

Gaming firm Razer hit by potential breach, hacker offering stolen data for S$135k in crypto On the hackers’ forum, the seller said he would sell the data to only one customer for an asking price of US$100,000 in the Mone…

#BTOpinion: SGX RegCo’s IFA guidelines commendable, but it’s time to look at other protections for minorities Here’s one suggestion: Regulators could require real estate companies to be valued at a minimum of their NAV w…

Sluggish loan growth, economic uncertainties cloud Singapore’s banking prospects: RHB Despite solid net interest margins (NIMs), investor interest is predicted to wane due to a weaker global economic forecast.

From baseball to banking: companies race to invest in new wave of AI The Texas Rangers are using AI technology to potentially predict player injuries, improve hitting approaches, and even model air flows in ballparks. Bu…

New training schemes to grow pool of supply chain management professionals in Singapore With salaries higher than the national median and new training programs popping up from institutions like SUSS and Singapore Managem…

Millions of Chinese staying home shackle South-east Asian growth As China's economic recovery stalls, countries like Thailand, Indonesia, and Singapore see a disappointing influx of Chinese visitors, prompting a need to…

Rising costs may dampen appetite for restaurants, even if weak tourist numbers don’t: analysts Despite increased revenues and profits from the local market, inflation concerns may lead consumers to prefer cheaper options…

Annual bonus rates hold steady for most par funds despite 2022 losses Poor equity and bond markets cause double-digit losses for some insurance par funds; terminal bonuses affected.

Property stamp duty collection dips 12% to S$5.95 billion in FY2022 on lower sales Meanwhile, property tax takings are up 9.1% as housing values stay firm on higher rents.

The Myst sells 27% of units on launch weekend at average of S$2,057 psf Around 99% of the buyers are Singaporeans, while permanent residents from China made up the remaining 1%.

Half of Lentor Hills Residences units sold on launch weekend at average of S$2,080 psf One-bedroom and two-bedroom types accounted for more than 70% sold, which industry watchers attributed to “investment demand and fami…

#BTLifestyle: Arabic calligraphy art, with a twist Islamic calligraphy takes on unusual dimensions in the hands of Indonesian artists.

#BTLifestyle: Patek Philippe and others auction watches for charity The Only Watch 2023 timepieces run the gamut, from basic time-only to highly complicated minute repeater watches with estimated values ranging from US$1…

#BTLifestyle: A sky-high perspective of Osaka Step onto the 40th level of the Conrad Osaka and gawk at the imposing “gods” of wind and thunder – 5-metre tall abstract warriors created with microbead software.

Singapore banks can’t afford to miss out on coal phase-out despite immense challenges The Singapore banks seem to sit in a sweet spot to take advantage of the upwelling of support for coal phase-out, but there are signs…

Law Society president Adrian Tan dies at 57 after battle with cancer Law Society of Singapore president Adrian Tan, who was also the author of bestseller 'The Teenage Textbook', was diagnosed with cancer last year.

Prominent economist Lim Chong Yah dies, aged 91 Professor Lim Chong Yah was an eminent economist who led a body forging wage consensus for Singaporean workers for nearly three decades.

#BTOpinion: SGX RegCo’s reminder to IFAs helpful, but more tweaks for the industry could be considered Minority shareholders have voiced displeasure recently over perceived lowball offers that still receive “fair and rea…

#BTLifestyle: Osaka calling More than just the birth place of takoyaki, Osaka also offers the majestic 16th century Osaka Castle for history buffs while thrill-seekers can get their fix at Universal Studios Japan.