The Business Times

#BTLifestyle: Looking for your second property abroad: Possibilities and pitfalls “Many investors carry the Singapore culture into the countries they invest in, which is wrong,” says an industry expert. ➡️ Here's some pr…

#BTLifestyle: Casual Spanish tapas by ex-FOC chef at Cendra The seafood here is generally good quality, which bodes well for its house special – squid ink paella, says our resident food critic Jaime Ee.

Hong Kong’s 24/7 Fitness acquires Singapore’s Gymmboxx; aims to have 40 branches here in next 3 years Gymmboxx, said the acquisition was a “strategic move” that will allow the home-grown brand to expand its presence and…

Proposed Allianz-Income deal will lift German financial giant to top five insurers in Singapore Some observers note that the local insurance market may see some consolidation, given the strong interest here and the curre…

#Brunch: Two years after the bubble burst, are play-to-earn games still relevant in South-east Asia? Can play-to-earn games regain their former glory in light of declining token values and regulatory uncertainties? Indus…

Saying goodbye, for real, to the era of accommodative monetary policy The turmoil in the Red Sea, alongside conflict in Europe and the Middle East have not just disrupted production and the flow of goods - it may be a tr…

Several Singapore companies affected by global IT outage; check-ins at Changi Airport processed manually Singapore Airlines says that services at its Ion Orchard centre, as well as its reservation hotines, are experienci…

⚠️Companies and countries worldwide including Singapore are experiencing a major network outage. Businesses across the world, from banks to media and airlines are being disrupted on Friday. As The Business Times is also…

Allianz’s offer makes business sense but Income’s ethos of affordable insurance hangs in the balance Income Insurance is among the largest in both the life and non-life insurance segments in Singapore. Over the years, it…

Hyundai launches second made-in-Singapore EV, expands charging options Four models are available, with prices ranging from S$192,150 to S$244,850, including COE.

Rescue under way after two vessels catch fire near Pedra Branca The Maritime and Port Authority is requesting passing vessels to assist in the search and rescue of the crew.

Azalea’s Astrea 8 PE bonds nearly 3 times subscribed at over S$1 billion Two-thirds of bonds were distributed to ‘high-quality’ institutions, and the rest to accredited investors.

Iswaran’s lawyers fail in bid to get written witness statements from prosecution Justice Vincent Hoong dismissed the application, saying that the law is “clear” and “unambiguous” that the prosecution is not obligated to…

Start your day with BT ☕️: Stocks to watch: Sats, Keppel Top stories 1. Singapore: Singapore AUM up 10% to S$5.4 trillion in 2023; new debt issues rise 21% 2. Wealth: Allianz’s offer makes business sense but Income’s eth…

Low bids offered for two suburban condo sites in Canberra, De Souza Avenue at state tenders Developers continue to play it safe in a sluggish market.

Malaysia set to declare Johor’s Forest City a duty-free zone to revitalise struggling project Sceptics doubt the move will inject new life into the waning project, which could soon join other duty-free islands such as La…

Allgreen Properties places top bid of S$1,304 psf ppr for Zion Road site at URA tender The 99-year leasehold site, known as Zion Road (Parcel B), can yield about 610 private homes.

Singapore continues to see strong growth in wealth inflows; MAS working to reduce wait time The money laundering case of the past year has not changed Singapore’s growth trajectory, nor the city-state’s position on regul…

Shell on selling its first-born in Singapore and its energy transition and growth plans Did Shell retreat from Singapore? No, it's just part of a shift to more lucrative businesses in the region, says Shell Singapore cha…

Condo leasing volumes up 16.8% in June; demand for HDB rentals muted: SRX, 99.co Year on year, condo rents were down 4.7% while HDB rents rose 5.5%.

Cut-off yield on latest Singapore 6-month T-bill falls to 3.64% Demand was slightly muted in the latest tranche.

Singapore AUM up 10% to S$5.4 trillion in 2023; new debt issues rose 21% Singapore’s financial sector remained resilient in 2023, with good progress across the board, said the Monetary Authority of Singapore. ➡️ MAS comm…

Elias Green owners in fresh push for collective sale at S$928 million guide price The guide price this time is some 19% higher than the S$780 million price tag for Elias Green when it was put on the market in 2018.

ThaiBev proposes share swap involving Frasers Property shares, in a bid to exit property business ThaiBev will become a pure-play F&B company if the transaction goes through.

Start your day with BT ☕️: Stocks to watch: Thai Beverage, Frasers Property, OCBC, UMS, Singapore Airlines Top stories 1. Property: Elias Green owners in fresh push for collective sale at S$928 million guide price 2. Sin…

OCBC recovers over S$20 million from sale of Su Baolin’s Sentosa property This follows two rounds of auction that failed to secure a buyer.

World’s biggest luxury fortunes lose US$17 billion as market slows Is the luxury sector's golden age waning? LVMH's Bernard Arnault loses top billionaire spot as demand drops, impacting L'Oreal, Burberry and Swatch.