The Business Times

Cuscaden Peak, Kajima put Woodleigh Mall up for sale at about S$800 million This marks the third time in the past year Cuscaden group has put a Singapore retail asset on the block.

Judge says ex-director Goh Jin Hian did not take reasonable steps to probe red flags raised in IPP He is appealing the decision by the High Court that found him liable for US$146 million in losses suffered by the insolve…

Singapore SMEs in expansionary mode after five straight quarters of contraction: OCBC The index, which measures SME health and performance, rose to 50.2 in Q2, up from 49.7 in Q1.

The Business Times launches ‘paid press release’ service Businesses can now share their latest announcements on BT’s site for a fee, which is currently priced at S$1,000 per press release.

93% of 160 Singapore firms polled eye opportunities in Johor-Singapore Special Economic Zone: SBF report Talent shortages, cross-border movement needs and fragmented investment landscape are the main challenges for busin…

KPMG fails to strike out parts of Hyflux’s statement of claim The High Court notes that the plaintiffs also ‘adequately pleaded’ KPMG’s alleged breach of contract and duty.

Singaporean arrested at US request for alleged global insider trading, money laundering 33-year-old man held under Extradition Act accused of pocketing tens of millions in illegal profits.

Singapore average wealth continues uptrend as inequality surpasses several regional peers: UBS report Number of millionaires in the Republic expected to grow 13% by 2028; Gini coefficient hits 70 in 2023, surpassing leve…

About 50 resale listings removed from HDB Flat Portal for unrealistic pricing, misinformation These accounted for about 5 per cent of total active listings as at Jun 26, HDB said on Jul 10. About 1,000 resale flats have…

Start your day with BT ☕️: Stocks to watch: Keppel, Keppel DC Reit, Sats Top stories 1. Singapore: Singapore average wealth continues uptrend as inequality surpasses several regional peers: UBS report 2. Wealth: Azalea l…

Mapletree Investments eyes average ROE of 9% to 12% by FY2029, bets big on four sectors Property giant will continue to invest prudently and take on a more active syndication and monetisation strategy, says group CEO.

FT Consulting helps SMEs go abroad, but now invests in them as well Its investment arm aims to get up to S$20 million in play in the next three years, but the company wants to keep consulting as a core activity.

Why OCBC’s offer for Great Eastern hinges on 2 key shareholders Two key shareholders of Great Eastern Holdings (GEH) hold a sum of around 3% of shares. Should they refuse to accept OCBC’s offer, OCBC will be hard pressed…

#BTOpinion: Is it time to load up on S-Reits? Caution is warranted in higher-rate environment Investors should be selective when investing in them as it is an interest rate-sensitive sector.

Digital economy cooperation a key focus as trade between Singapore and Shanghai rise 7.8% in 2023 The collaboration between the two cities will involve the exchange of knowledge and technical expertise, and regulatory up…

Sats restructures gateway services business to form two new units This reflects the company’s strategic decision to continue investing in Singapore.

Asia’s worst stock loser erases Thai founder from billionaire status Shares of Energy Absolute posted a record monthly drop of 51 per cent in June, slashing Somphote Ahunai’s fortune to less than US$600 million.

Singapore to stop registration of new diesel cars and taxis from Jan 1, 2025 The upcoming ban on new diesel cars and taxis comes before all new cars and taxis registered here are required to be cleaner-energy models from…

#BTOpinion: Encouraging shareholder activism may help Singapore’s stock market In Singapore, several activists have already succeeded in achieving positive outcomes for minority investors. Perhaps the most successful act…

Temporary deepfake ban discussed as way to tackle AI falsehoods during Singapore elections During elections, countries worldwide have had to grapple with AI-generated misinformation, such as in India, where AI was used t…

Positive H2 seen for Chinese stocks as Internet and platform companies drive growth: Bank of Singapore Offshore Chinese equities could also benefit from a potential US rate cut this year.

Start your day with BT ☕️: Stocks to watch: Frasers Property, ST Engineering Top stories 1. Property: Wah Loon Engineering founder’s family sells Jervois Hill GCB for S$58 million 2. Property: China’s Guangzhou R&F Prope…

Wah Loon Engineering founder’s family sells Jervois Hill GCB for S$58 million The buyer is a grandson of Sinar Mas founder; separately, a naturalised Singaporean pays S$52 million for a Cluny Hill bungalow.

Make training courses more accessible, responsive to market needs: Chan Chun Sing Instead of committing to a full-time programme, learners can take stackable, modular micro-credentials that build up towards the same even…

Net-zero goals: Talk is cheap if Singapore corporates lack a roadmap Are Singapore firms ready for net-zero by 2050? Over 70% commit, but without clear interim goals and accountability, is it just greenwashing?

Asia’s rising private markets create demand for training from talents seeking an edge "Many see the attractiveness of PE... including finance graduates who have interned at a PE firm, and junior analysts at investment ba…

Prime residential sales remain firm in H1; high-value transactions surge The top luxury non-landed home transaction was the sale of a penthouse unit at the Skywaters Residences at S$6,100 psf, or S$47.3 million.

China ‘cannot be ignored’: Temasek reshaping China portfolio from export to domestic-driven companies Despite Temasek’s one-year portfolio returns being dragged down by China’s market performance, China remains firmly on…

Temasek returns to black with 1-year total shareholder return of 1.6% for FY2024 Long-term returns over 10 years and 20 years at 6% and 7%, respectively, remain stable. ➡️ Temasek’s sustainability-aligned investments val…