The Business Times

2024 review: News events around the world that made headlines Political drama, historic interest-rate adjustments and crypto peaks have caused some upheavals in global markets and political landscapes – and kept investor…

Billionaire brothers turn US$12,000 loan into empire of cheap toys More than two decades and several factories later, Zuru has grown into an off-price toy heavyweight. Its plastic dart “blasters” compete with Hasbro’s Ne…

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#BTLifestyle: Sichuan food’s spicy revival at Shisen Hanten The 10-year-old Japanese-Chinese restaurant reopens after an extensive renovation.

MAS chief Chia Der Jiun on crypto, AI and battling inflation Considerable progress has been made in the fight against inflation with core inflation coming down to 2.1% in October, says MAS managing director Chia Der Jiun…

‘Squid Game’ stocks tank in South Korea on Netflix new season letdown Wysiwyg Studios, another Artist United investor, plunged as much as 25%, while Dexter Studios, a Korean partner of Netflix, sank 24%.

#BTLifestyle: Terracing a terrace house – in just 10 months This home is an example of what can be done to overcome the challenges facing such properties.

Singapore’s container throughput hits over 40 million TEUs in 2024, breaks record In 2023, Singapore came in second behind Shanghai in a ranking of the world’s largest container ports.

Singapore market unlikely to repeat 2024’s high; moderate returns expected for 2025 OCBC said that it would be challenging to expect another strong double-digit performance by the STI in 2025, after its stellar performan…

Hin Leong’s founder Lim Oon Kuin, children declared bankrupt This comes after the family agreed to pay US$3.5 billion plus interest from April 2020 to the date of payment, on top of costs.

Shell shuts Pulau Bukom unit after oil leak involving a few tonnes The affected unit, which produces refined oil products such as diesel, leaked a few tonnes of oil mixed with cooling water discharge, Shell estimated.

Alibaba joint venture EV brand IM Motors to take on Tesla, Xpeng in Singapore The brand, majority-owned by China state carmaker SAIC, will debut at Singapore Motorshow on Jan 9.

SMEs must forge the right partnerships to drive growth and expansion: UOB executive Building the right connections, streamlining operations, and securing access to funding – key challenges for SMEs – are critical for sur…

#Brunch: High demand for MBAs but do you really need one? MBA can be a good investment in one’s career but these will have to be weighed against the high financial and opportunity costs.

2025: The year to remain steadfast in corporate sustainability Some corporates, too, are rethinking how to weigh sustainability purpose with financial profits.

All fuelled up: Renewable energy wave pushes this Singapore stock to surge more than 370% this year Oiltek has had a stellar run, and others that have outperformed include Wee Hur and Beng Kuang.

SMEs must forge the right partnerships to drive growth and expansion: UOB executive Building the right connections, streamlining operations, and securing access to funding – key challenges for SMEs – are critical for sur…

South-east Asia stays hot on investors’ radars; manufacturing, real estate among biggest draws The prospects are also promising for the infrastructure and tourism sectors in 2025.

Singapore’s private home market closes 2024 on a high; will late-year burst fizzle out? Sentiment looks to be improving, but this momentum may not sustain into the new year, say analysts.

PM Wong to deliver 2025 Budget Statement on Feb 18 Cost-of-living issues and jobs are among the key themes.

Start your day with BT ☕️: Stocks to watch: CSE Global, Singapore Institute of Advanced Medicine Top Stories: 1. International: South-east Asia stays hot on investors’ radars; manufacturing, real estate among biggest dra…

Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it SGX RegCo had earlier asked for the company to give further clarity on its annual report for the financial year ended Jun…

#BTOpinion: With its teleconsultation platform intact, revoking MaNaDr’s licence could have little impact Telemedicine revenue accounts for about US$12.8 million or 90.4% of its parent company’s total sales.

Singapore’s competition watchdog ends review of SRS framework after DBS, OCBC, UOB withdraw application The proposed framework, announced earlier in November, sought to streamline the onboarding and management of SRS pro…

Chinese tricksters take cue from ‘Squid Game’ to prey on the indebted Participants in isolation challenges – who pay hundreds of US dollars to stay in a room for days, following prescribed rules in the hopes of winning a…

Deloitte proposes allowing multinationals to pay taxes in interest-free instalments in Budget 2025 wish list This will help businesses adapt to the upcoming minimum tax framework under BEPS 2.0.

Singapore’s factory output rises 8.5% in November, below estimates Private-sector economists had predicted a median estimate of 9.7% growth for the month.

Koh Brothers Eco unit wins S$313.9 million LTA contract to build bus depot The four-storey bus depot will have a minimum parking capacity of 550 buses.

‘Very disappointed’ and ‘aggrieved’: Third senior executive fired by SingPost contests move Li Yu, chief executive of SingPost’s international business unit says the alleged disciplinary proceedings ‘were neither due nor…

Start your day with BT ☕️: Stocks to watch: Koh Brothers Eco Engineering, ComfortDelGro, Cromwell E-Reit Top Stories: 1. Property: Retail rents expected to rise at slower rate in 2025 despite boost from new F&B brands 2.…