The Business Times

Just how rich are businesses getting in the AI gold rush? Nvidia and Microsoft are not the only winners.

Indonesia’s giant nickel miners double down on output even as prices slump One of Indonesia’s largest nickel producers Harita Nickel is armed with cash after it went public last year, and is intent on ramping up output.

SingPost to sell flagship SingPost Centre, considers floating Australian business Chief financial officer Vincent Yik pointed out that the divestment will depend on several considerations including market conditions, the…

ShopBack cuts 195 employees in push for sustainability The shock announcement was made by co-founder and chief executive Henry Chan at the company’s town hall on Tuesday (Mar 19), with those laid off notified within an h…

No competition: Dubai complements Singapore’s fight for family offices, industry watchers say “When we speak to our clients, the conversation is increasingly not about Dubai versus Singapore, but Dubai and Singapore,” sa…

Singtel to launch cloud computing offering with Nvidia AI chips The company will be among the world’s first to deploy Nvidia’s GB200 Grace Blackwell Superchips upon receiving them in early 2025. Singtel said this would g…

Manulife US Reit manager names new CEO, CFO amid leadership exodus The real estate investment trust’s manager said that deputy CEO Caroline Fong, CIO Patrick Arthur Browne, and CFO Robert Wong are also stepping down.

Condo leasing market continues decline in February, HDB rents hit new all-time high: SRX, 99.co Chief data analytics officer of 99.co Luqman Hakim said rising HDB rents were due to strong demand from renters seeking “rel…

Transforming for growth against global headwinds SPONSORED: Singapore’s SMEs can tap various government support schemes to ease their burdens and boost growth, said panellists at a post-Budget webinar. bt.sg/SGWX

Start your day with BT ☕️: Stocks to watch: SingPost, Manulife US Reit Top stories 1. Family offices: Singapore’s single family offices likely to merge, find alternative models 2. Companies: SingPost completes strategic…

PODCAST: From rising costs to managing cash flows and networking, young entrepreneurs don’t have it easy. Thankfully, there is help out there if you know where to look. This episode of Future of Finance podcast is presen…

Beyond weak Q4 earnings, analysts sanguine over Malaysia’s earnings growth in 2024 Better macro conditions, robust infrastructure development and resilient consumer spending could hold up FBM KLCI stocks.

Genting Singapore investors unfazed by China’s warning to ‘stay away’ from gambling The Embassy of the People’s Republic of China in Singapore had earlier reminded Chinese nationals that cross-border gambling was “also s…

Gold prices retreat from historical highs, but analysts remain bullish on near-term outlook The pullback came as investors braced themselves for a slew of policy decisions from major global central banks including the US…

Tong Lee Building up for collective sale with S$410 million guide price The plot currently houses two multi-storey towers and sits on 35/37 Kallang Pudding Road in District 13.

Indonesia central bank expected to hold rates steady at upcoming meeting “We still expect BI to hold rates until the end of Q2. There’s no room for BI to cut until the Fed decides to make its first move,” said Irman Faiz…

Start your day with BT ☕️: Stocks to Watch: SIA, Sats, UOL, SingLand, GuocoLand, Dasin Retail Trust Top stories 1. Earnings: SGX listcos eke out 0.4% higher quarterly profits in Q4; analysts generally positive for 2024 2…

Singapore key exports surprise with 0.1% fall in February despite electronics growth Non-oil domestic exports declined by 4.8% sequentially in February, in an about turn from the 2.2% rise in the previous month.

#BTLifestyle: Two musicals take you back to the classroom Storytelling + symphony + school setting = stage magic, in Secondary and Matilda.

#BTLifestyle: Space reconfiguration: From cluttered to tidy, with plenty of storage thrown in After a decade, this apartment in the east underwent a massive overhaul to meet the growing needs of its occupants.

#BTLifestyle: Dessert for dinner? Ami lets you eat cake and more Pastry chef Makoto Arami serves up an omakase of sweet and savoury that gives new meaning to lunch and dinner.

Not your grandfather’s suit: Local tailoring gets a refresh A merger of past and present is taking over Singapore’s bespoke menswear scene. Local tailors spill on the latest looks and trends.

Is this what happens when you build a real social safety net, then take it away? Behind the economic pessimism of Americans, even as the economy is faring well.

Would it really be better to never see Gabriel Garcia Marquez’s final book? We all benefit when works by great artists that are marked for destruction are instead preserved.

Would Rachmaninoff love a glass of Islay Whisky? Maduro explores music and whisky pairings with style.

Cambodia’s Techo set to be main international airport next year OCIC Group aims for the upcoming Techo International Airport to be a regional transit hub.

COMMENTARY: Sustainable transition is an important journey, but we must get to our destination In the evolving landscape of sustainable investments, the emphasis on 'transition' strategies highlights the integration of h…

The future of work: Why we need to think beyond the hype of the four-day week As the concept of a four-day workweek gains traction globally, Belgium has introduced a model with no salary reduction despite concentrated ho…

BYD takes different route from Tesla by partnering for regional expansion, looking at plug-in hybrids Liu Xueliang, general manager for Asia-Pacific sales for BYD Auto, said in an interview with The Business Times: “We c…