The Business Times

Can Swee Heng Bakery’s legacy continue to thrive? | #TheBusinessBehind From its humble beginnings as a family-run bakery, Swee Heng has expanded to over 80 outlets in Singapore, launched 3 specialty brands and crossed S$…

Paragon Reit in advanced talks to sell Rail Mall at shade above S$80 million: sources The intending buyer is a private investor, BT understands.

Exxon, Shell, ST Engineering units among 9 entities designated under Singapore’s Significant Investments Review Act Designated entities face requirements such as government approval for major changes in ownership.

#Brunch: Thrifting is trending, but there’s more than meets the eye Rising eco-consciousness and the desire for unique fashion items have fuelled the growth of thrift stores in Singapore. But how sustainable is thrifting…

Mandai Park appoints DBS CEO Piyush Gupta as board chair The company says new appointments will contribute to its focus on sustainability, education and conservation.

Preventing heart attacks – a peek into the future SPONSORED: Scientists are targeting various steps in the process of a heart attack in their attempts to reduce or eliminate risks.​ Brought to you by Royal Healthcare​ bt…

Singtel partners Indonesia’s Telin to develop Singapore-Batam subsea cable system The cable system will span 100 kilometres and is expected to be operational in Q4 2026.

Start your day with BT ☕️: Stocks to watch: MPACT, GP Industries, Azeus, Unusual, Old Chang Kee Top stories 1. International: FBI takes down massive global army of zombie computer devices, arrests key player in Singapore…

With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028 The acquisition has made Sats more geographically diversified; the company has also tweaked its business mix.

Suddenly Singapore’s a hugely important market: Sands CEO Republic could see US$7b in gambling revenue this year, on its way to US$10b in near future

Food factory site in Mandai fetches S$74 million, among recent big-ticket industrial deals British-American Tobacco is selling 15 Senoko Loop for S$53.2 million to Hines, Mitsui, Mitsubishi Estate JV; entities linked to…

Port congestion in Singapore leads to some liners skipping calls here CMA CGM is one of them, with at least two of its vessels skipping the transhipment hub on the grounds of ‘schedule recovery’.

Brookfield to buy out Temasek-backed Neoen in 6.1 billion euro deal It is also purchasing Neoen’s outstanding convertible bonds at the same offer price.

URA releases state land sale sites at Margaret Drive, Media Circle The two land parcels were launched for sale under the confirmed list, with a lease period of 99 years.

South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain South-east Asia experienced a 60% decline in exit values last year to US$2.8 billion, from US$6.8 billion in 2022. The number of exits fell…

Start your day with BT ☕️: Stocks to watch: Sats, OCBC, IHH Healthcare, Straco, iFast Top stories 1. Companies: Demand for latest Singapore Savings Bonds hits year-to-date high 2. Companies: Sats H2 profit surges more th…

OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region To support its digital upgrades, the bank also aims to expand its regional engineering hub and hire arou…

New blueprint launched to help SMEs digitalise and adopt AI-enabled solutions At least 50,000 SMEs will benefit from the Digital Enterprise Blueprint over the next five years.

Apple to open Malaysia store on Jun 22 in South-east Asia push The company’s first store in the country is at The Exchange TRX mall in Kuala Lumpur.

Singapore’s Paradise Group expands further in US, aiming for 11 outlets by 2025 The restaurant operator will be opening eight more outlets in California and its first in Texas by 2025, across its Paradise Dynasty and Le…

CPF interest rate for Special, MediSave, Retirement accounts at 4.08% for Q3 It is higher than the rate of 4.05% for Q2, but unchanged from Q1.

Singtel shares steady on potential STT GDC deal; says no definitive agreement yet The KKR-Singtel consortium is tipped to be splashing US$1 billion for a 20 per cent stake in one of Asia’s biggest data centre providers.

Start your day with BT ☕️: Stocks to watch: Singtel, LMIRT, The Hour Glass, CDL, Cortina, Delfi, Valuetronics Top stories 1. Logistics: Sea cargo rates surge to pandemic highs 2. Companies: KKR-SingTel consortium frontru…

CDL buys Delfi Orchard in en bloc deal for S$439 million CDL group chief executive officer Sherman Kwek said the group was “delighted” to acquire the “strategically important asset”.

Mapletree Investments in the red with S$577.2 million full-year loss on valuation decline A prolonged work-from-home trend has also has undermined commercial properties’ value in most Western markets. Mapletree noted a s…

For private credit’s top talent, US$1 million a year is not enough Ambitious financiers used to have plenty of options for seeking life-altering fortunes, from the bankers who made their riches when Goldman Sachs joined…

Seatrium secures S$11.4 billion in order wins for the year to date Its current net order book stands at S$25.8 billion.