The Business Times

Father-son feud: BT looks at CDL shares’ highs and lows under Sherman Kwek’s watch CDL executive chairman Kwek Leng Beng cites several reasons why his son, CEO Sherman Kwek, is unfit to run the company - one of them bein…

#BTOpinion: Feeling the Fomo in new condo market? Mind the choppy seas of higher trade tariffs Having a condo unit double or triple in price when the entry price years back was S$600 psf is much easier compared with say…

#BTOpinion: Chaos at CDL: Crossing the Rubicon Given the statements Kwek Leng Beng and Sherman Kwek have made, one or the other will probably eventually step down; directors who backed the withdrawing party may quit too.

CDL saga: High Court ordered both sides to withhold action on Singapura Developments, M&C ahead of Tuesday hearing This comes as shares of CDL resumed trading on Monday morning as the company lifted the trading halt it d…

Singapore billionaire Peter Lim puts Valencia on market for 400 million euros When Lim bought the club in 2014, he was seen as a saviour as the club was in danger of administration. But over the years, hopes dimmed when…

Duxton Reserve, Park Avenue Changi hotels in due diligence by prospective buyers Pricing for boutique hotel in Duxton Rd reflects about S$2,400 psf on built-up area; Changi's hotel price at S$120m, with Weave Living tipp…

Start your day with BT ☕️: Stocks to watch: Haw Par, United Overseas Insurance, Japfa, Cordlife, UMS, Elite UK Reit Top Stories: 1. Property: Duxton Reserve, Park Avenue Changi hotels in due diligence by prospective buye…

CDL shares drop 7% as it lifts trading halt; firm says business remains ‘fully functional’ CDL said its business operations “remain fully functional and unaffected”, and is “business as usual.”

Kwek vs Kwek: CDL court hearing, trading status in spotlight this week All eyes are on the company’s shares, which are expected to resume trading today (Mar 3), with corporate governance under scrutiny and succession now…

First meeting with CDL’s Kwek Leng Beng felt like a job interview, says Catherine Wu Dr Wu recalled that the CDL chairman once asked her to evaluate the data of three potential hotels for acquisition and to choose one fr…

#BTLifestyle: A colourful, whimsical journey: Treasure hunting the Van Cleef & Arpels way The French luxury maison’s latest high jewellery collection is inspired by the classic pirate novel, Treasure Island.

CDL bypass of nominating committee ‘unusual’, goes against spirit of corporate governance rules: observers Several observers felt that SGX's regulator, SGX RegCo, could step in to ensure that CDL enforces listing rules.

Plans to nationalise? Ask the government, says SingPost’s chairman There has been speculation among the investing community, given SingPost's secular decline – which has weighed on the company’s bottom line.

Pagani unveils S$20 million masterpiece for purists here The Utopia Roadster made its South-east Asian debut at ONE°15 Marina Sentosa Cove, with 60 invited guests poring over the ultra-rare hypercar, one of just 130 unit…

#BTLifestyle: Can Singaporeans reverse ageing? Longevity clinics think so With life expectancy soaring, a new wave of longevity facilities is offering everything from biomarker testing to oxygen therapy. But can they rea…

#BTOpinion: Worth keeping the bigger fiscal picture in mind Despite corporate income tax collections being better than expected this year, #Budget2025 ran a small primary deficit – operating revenue less total expenditur…

#BTOpinion: Singapore’s billionaires should do more to list their businesses on SGX Local business elite own many attractive businesses that are not listed here.

Three years after takeover, Dynasty Travel aims to offer slower, smarter, more sustainable travel It seeks to promote trips that enable travellers to dive into culture, which can be less carbon-intensive than hopping fro…

#BTLifestyle: Andre Chiang serves souped-up hotpot at Raffles City Bon Broth is the famed Taiwanese chef’s Singapore homecoming venture.

SGX sees ‘robust’ IPO pipeline as Singapore explores ‘sweet spot’ to draw listings With IPOs starting to pick up in the US, SGX anticipates a positive ripple effect on markets worldwide, including Asia and Singapore.

Skype to shut down in May, 14 years after Microsoft’s US$8.5 billion purchase Surpassed by smartphone-native apps and Zoom, Skype also struggled in the workplace, where Microsoft’s expansion efforts lost out to Slack.

Blackstone’s Schwarzman takes home more than US$1 billion in pay and dividends He is the single largest holder of Blackstone stock with a stake of almost 20% in the world’s largest alternative asset manager worth roughly…

Dynasty: Who’s who in the Kwek family tree behind CDL, Hong Leong As the boardroom tussle at CDL heats up, BT looks at how family ties and business interests are inextricably linked.

Creative on ‘global search’ for new leader as CEO Song Siow Hui retires It named its executive chairman Dr Tan Jok Tin as interim chief executive.

Trump kicks Zelensky out of White House after shouting match An ugly clash blew up in the Oval Office where Trump and Vice-President JD Vance shouted at Zelensky, accusing him of not being “thankful” for US help in the t…