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The Business Times

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South-east Asia's leading financial news site.

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Пости за Серпень 2024

328 публікацій

Co-lending makes headway as South-east Asia’s private credit space matures “How you raise money in private markets is evolving. More limited partners (LPs) are having their own investment teams rather than just allocatin…

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Can a no-brand retail store muscle into the brand hotel space? While conventional hotels are sexing up their offerings, Muji has simplified the experience and eliminated all fuss in a throwback to earlier times before th…

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Buffett’s Berkshire Hathaway hits US$1 trillion market value It becomes the first non-tech firm on Wall Street to pass the milestone.

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Fresh from farm to feast in 36 hours: Malaysia’s durians hit lucrative Chinese market Malaysia is the fourth country authorised to ship fresh durians to China, joining Thailand, Vietnam and the Philippines – in the battl…

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#BTLifestyle: A bachelor’s homely hideout Using muted colours and clever storage details, one man turned his 800 sq ft condominium unit into his very own 'fortress of solitude'.

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Flash Coffee taps ex-Foodpanda CEO in turnaround bid How will hiring ex-Foodpanda CEO Jakob Angele help Flash Coffee reach profitability in Indonesia's competitive market?

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Japan to introduce new entry rules for Singaporeans and other visa-exempt tourists The aim of this screening system is to reduce the number of visitors that remain in Japan beyond their valid period of stay.

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Net foreign selling of Vietnamese stocks may ease ahead of potential market upgrade in 2025 Set against a strong inflow of FDIs, the sell-off by foreign investors points to divergent views on the country’s growth outlook…

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Excel e-sports: the ‘Olympics’ of spreadsheets is a fun twist on serious software This niche gaming world comes with neon-lit arenas, fervent fans and its own ‘LeBron James’.

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Land betterment charge rates cut by 5.4% on average for non-landed residential use Rates are up for landed residential, commercial and hotel/hospital use groups; no change for industrial use group.

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#Brunch: Singapore’s book clubs boom as social media sparks reading renaissance But despite the surge in reading communities and reading, not all retailers have rung up higher book sales.

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Singapore, Malaysia officials met to advance talks on Johor deal They discussed topics including economic sectors, movement of people and goods, ease of doing business, and talent development.

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Business parks still relevant and competitive, but changing work landscape could hurt demand: NUS poll Operators may need to reposition, reinvent spaces to retain or attract tenants especially now that post-covid work pr…

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LTA to waive ERP admin charge for payments settled within 5-day grace period This move comes under a government push to reduce costs for businesses and individuals.

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DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chair The chairmanship of Nets, owned by DBS, UOB and OCBC, is rotated every three years among the three shareholder banks.

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SIA gets foreign direct investment approval for Air India-Vistara merger Flag carrier now expects the merger to complete by end-2024.

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NTUC to form new platform work associations, if Bill implementing protections is passed “I believe that we are the first union in the world to represent delivery riders and drivers under ‘union-like’ associations,” says…

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Start your day with BT ☕️: Stocks to watch: SIA, GuocoLand, Tan Chong International, Cordlife, IHH Healthcare Top stories 1. Companies: Co-lending makes headway as South-east Asia’s private credit space matures 2. Compan…

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#BTOpinion: Fed rate cuts have mixed impact on stocks, so don’t get carried away Investors should carefully examine the thesis for any purchases, especially since equities have been on a generally upward trajectory for t…

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As regional M&As spike, Singapore’s business valuation body sees benefit of standardised practices across countries The Institute of Valuers and Appraisers, Singapore seeks to expand its 8-year-old Chartered Valuer and A…

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Trust Bank’s deposits more than double to S$3 billion in H1 2024, customer base hits 806,000 “We aim to be the fourth-largest retail bank by customer numbers by the end of this year, and we believe we are well on track t…

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Cordlife to resume cord-blood banking service ‘in controlled manner’ from Sep 15 The Ministry of Health bars it from collecting, processing or storing more than 30 units of new cord blood each month between Sep 15 and Ja…

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Haidilao restaurant operator Super Hi narrows Q2 loss on higher revenue as it soups up presence in South-east Asia “We focused on enhancing our local restaurant management across key areas including environment, services…

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Bicycle sales on bumpy terrain as Covid cycling craze screeches to a halt Bicycle retailers have hit a rough patch post-Covid, as sales plunge from the highs of the industry’s 2020 boom, with estimated falls ranging from…

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Latest Singapore 6-month T-bill cut-off yield falls to 3.13% It's down from the 3.34% offered in the previous six-month auction that closed on Aug 15.

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EDB commits another S$32 million to drive corporate venturing, partnerships with startups Since the launch of the Corporate Venture Launchpad programme, EDB has supported 24 companies in launching 14 new ventures.

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Evonik ramps up animal-feed protein production with new plant expansion The addition makes Evonik’s Singapore facility the largest methionine facility in the world, with a market share of more than 40%.

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Singapore must not let trend of ‘excessive’ individualism, populism affect local politics: Chee Hong Tat Good economics requires good politics to achieve its desired outcomes, said Second Minister for Finance Chee Hong T…

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Great Eastern group CEO Khor Hock Seng to retire; Greg Hingston to take the helm from Nov 1 Khor’s retirement comes after having served as CEO for nine years. Great Eastern said that its total assets grew from S$65.8 bil…

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Start your day with BT ☕️: Stocks to watch: Prudential, PEC Top stories 1. International: As regional M&As spike, Singapore’s business valuation body sees benefit of standardised practices across countries 2. Singapore:…

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