The Business Times

Family office growth continues as new generation of super rich seeks professional management New generation of high net worth individuals are starting to take control.

Start your day with BT ☕️: Stocks to watch: OCBC, Great Eastern, Seatrium, ST Engineering, OUE Reit, Sasseur Reit, Sabana Reit Top stories 1. Companies: ST Engineering bags over S$100 million of ammunition orders from Eu…

Singapore’s key exports slide eases to 0.1% in May This was a gentler contraction than the revised 9.6 per cent contraction in April.

#BTOpinion: Crunch time for Great Eastern’s minorities Many minority investors may need to endure a lengthy trading suspension for an exit offer that could be significantly higher than the current offer price.

MAS, CAD investigating Seatrium on potential offences in Brazil bribery case The potential offences are related to a decade-old bribery case in Brazil infamously dubbed “Operation Car Wash”.

Nearly half of STI constituents raised their CEOs’ salaries, mostly in line with EPS gains The CEO of Yangzijiang Shipbuilding, Ren Letian, saw the biggest salary jump. He received S$626,367 for FY2023, up 702.6% from hi…

Singapore-washing has hit a wall The recent S$3 billion money-laundering scandal is forcing the government to ask if the sharp influx of new money is too hot to handle.

Indonesia’s near-term coal reliance could grow with Prabowo’s nickel focus Investors will be watching the new administration’s policies on mitigating emissions.

Money and happiness: a lesson I learnt after 30 years in wealth management Why would anyone not want more money?

#BTLifestyle: This Father’s Day, Phillip Capital's Linus Lim, National Gallery Singapore and Singapore Art Museum's Eugene Tan, UOB's Ian Wong, Les Amis' Sebastien Lepinoy and more share how their fathers, children and c…

#BTLifestyle: From cycling and fishing to koi and collectibles, this detached house is tailor-made for its owner’s many hobbies.

#BTLifestyle: While the Tokyo flagship of Sushi Ryujiro has one Michelin star, how will Singapore's outlet fare under the affable and endearing head chef Naruki Ikeda?

VIDEO: Shein shrugs off scandals, hikes prices for London IPO Fast fashion retailer Shein is raising prices to boost revenue ahead of its London IPO, though its hit roadblocks with European policymakers while its product…

#BTOpinion: Cut the coal in electric vehicle supply chains The pollutive fossil fuel is powering the extraction of minerals needed for EV batteries, such as nickel.

Green fuel transition presents retrofitting opportunity for shipyards, with some caveats The business case for switching older vessels to methanol and ammonia is complicated.

Fake players popping up in Asia’s family office frenzy The family office space has become so big that it’s attracting “legitimate players but also people trying to make a quick buck or hustle”, said Collevecchio, the man…

Grappling with the untold price of domestic help By leaving the Philippines to work in Singapore, a domestic helper has sacrificed the caregiving she could have provided to her own two children. What long-term consequenc…

Blueprint for investors’ first stock purchase Three principles to bear in mind throughout your investing journey.

#BTOpinion: Looking for love in all the new places Lonely men have been turning to AI girlfriends for companionship, and women are swooning over the bad boy of chatbots, DAN.

Great Eastern privatisation deal deemed ‘not fair but reasonable’; OCBC says offer price ‘final’ In May, OCBC made a voluntary unconditional general offer of S$1.4 billion for the remaining 11.56% stake in Great Eastern…

⚽️ 🇩🇪Before Euro 2024 kicks off this weekend, catch up on the tournament here: 1. Germany primed for Europe’s biggest football party as Euro 2024 kicks off 2. Five young stars to watch out for at Euro 2024 3. Even at 3…

Singapore’s feathered tourists and their economic value Migratory birds’ ‘tourism receipts’ include ecological benefits and birdwatching dollars.

#Brunch: Wanted: New auditor, because the last one tried to raise fees Apart from depressed margins, stagnant audit fees – and in some cases, cut-throat competition – mean that small and medium-sized practices (SMPs) hav…

Europe’s biggest football party, Euro 2024, kicks off this weekend in Germany. Despite hosting, 27% of Germans show no interest in the event. Perhaps disillusioned from its weak showings in the past 2 World Cups but stil…

CDG Engie, Volt Singapore win contracts to deploy fast public EV charging points The first site under this contract is expected to be ready by end-2024.

Goldman Sachs aims to double lending to wealthy private bank clients The Wall Street giant wants to make more loans to wealthy individuals and families for big purchases, ranging from luxury homes to sports teams, as par…

F&N, Sheng Siong, QAF among Asian peers that do not meet investors’ sustainability standards: report Companies, on average, scored best in labour and just transition issues, it says.