The Business Times

CBRE moves to bigger CBD office in MBFC Tower 1, ups its game Its 21,000 sq ft space is a 75% expansion of the Six Battery Road premises it will be vacating.

Start your day with BT ☕️: Stocks to watch: ComfortDelGro, Venture, Golden Agri-Resources, SingPost, Centurion, Sasseur Reit Top Stories: 1. Property: CBRE moves to bigger CBD office in MBFC Tower 1, ups its game 2. Sing…

SingPost H2 net profit surges 233% to S$222.5 million on one-off gain The national postal service provider proposes special dividend of S$0.09 per share.

America has given China a strangely good tariff deal What explains China’s unexpected success? Its venue, says an American trade representative, adding that many of the most difficult issues were discussed on patio sofas…

Resorts World Sentosa chairman and Genting Singapore CEO Tan Hee Teck retires Tan first joined the Genting Group in 1982 and held several senior positions across various geographical regions.

Royal Group puts six HDB shophouses up for sale for S$73 million Based on checks by BT, the shophouses are owned by Royal Group, a Singapore-based, single-family office founded by billionaire Asok Kumar Hiranandani.

BYD tops Singapore vehicle sales so far this year, replacing Toyota In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in Singapore.

Singapore Airlines to operate out of Changi Airport’s Terminal 5; internal train to cover 2km distance PM Lawrence Wong warned that Singapore cannot presume that Changi’s success will continue “on its own”, noting that c…

How to maximise your travel budget: Tips for savvy holidaymakers Today is Wednesday - and also the cheapest day of the week to travel, according to Skyscanner.

GXS Bank CEO to retire, GX Bank CEO to take over Muthukrishnan Ramaswami will remain as a senior adviser to GXS.

Frasers Property offers to privatise FHT for S$0.71 per stapled security This is the second time Frasers Property has attempted to privatise the stapled group, after attempting to do so in September 2022 for S$0.70, thou…

CapitaLand Investment’s Ascott to create over 12,000 jobs for more than 300 new properties Ascott will also launch talent development efforts in preparation.

Ng Yu Zhi’s bankruptcy estate to admit investor’s S$12 million debt claim: High Court Investor Veronica Shim has separately made claims against both Ng and his companies to recover her loss.

Start your day with BT ☕️: Stocks to watch: CDL, BRC Asia, Food Empire, Sri Trang Agro-Industry, Sri Trang Gloves Top Stories: 1. Property: Singlife leases former Prudential space of 73,300 sq ft in Marina One East Tower…

Microsoft to lay off 6,000 employees: CNBC The cuts will be across all levels and geographies and are likely the largest since Microsoft laid off 10,000 employees in 2023.

Government will provide help for as long as needed: PM Wong at launch of latest tranche of CDC vouchers “I assure all of you that this is not a one-off exercise, and the government will provide the help for as long as it…

Sea reports Q1 2025 earnings of US$410.8 million, reversing from a loss a year prior E-commerce segment Shopee reports a 28.3% increase in Q1 2025 revenue to US$3.1 billion, up from US$2.4 billion in Q1 2024.

SGX securities daily average volume in April hits 5-year high This was largely due to a “flight to quality” activity by investors amid tariff volatility, SGX said.

With Terminal 5, Changi will join Asia’s ‘mega airport’ trend: aviation organisation chief Changi Airport Group estimated that T5 will increase the airport’s annual capacity to 140 million passengers, from the current 90…

#BTOpinion: ABSD rates could be lowered if FOMO in new condo market vanishes A potential slowdown in take-up of new condo launches due to a softer economy coming, may offer a good window to reduce ABSD rates.

DBS, OCBC and UOB brace for tariff fallout despite steady Q1 results DBS CEO Tan Su Shan said stress tests showed that the bank would not be “so badly affected” by direct tariff exposure, while UOB CEO Wee Ee Cheong said…

In return to Singapore, Barclays Private Bank sets sights on ultra rich and family offices When she was hired to head Barclays' private bank in Singapore in 2021, Evonne Tan says clients had questioned Barclays' commitme…

'Smile when times are tough!': Japanese ‘salarymen’ inspire with cheerleading acrobatics “Yes, you can! You can definitely do it! Go, Japan!” All dressed in dark suits and ties, a group of young businessmen pump their fi…

SGX delistings not letting up amid market pressures; year to date, 16 have privatised or face same fate At least 16 companies are on the delisting track as of the first week of May, while only one IPO has taken place so…

Singapore’s STI jumps 1.8% on US-China tariff truce; bank shares soar Singapore banks opened strongly, with UOB surging 5.6% to reach S$36.78. DBS rose 1.8% to S$44.48, while OCBC climbed 1.8% to S$16.52.

Start your day with BT ☕️: Stocks to watch: ThaiBev, Seatrium, SIA Engineering, StarHub, Sinarmas Land, UMS, Cordlife Top Stories: 1. Companies: DBS, OCBC and UOB brace for tariff fallout despite steady Q1 results 2. Mar…

Stocks rally on Trump trade de-escalation with China The Dow Jones Industrial Average jumped 2.8% while the S&P 500 rallied 3.3%, after the US and China agreed to lower tariffs in a 90-day cool-off period.

Mainboard-hopeful Oiltek gets slick with innovation, internationalisation Oiltek is riding a wave of ‘buy’ calls. With dividends reinvested, the counter generated a total return of 436.5% over the past 12 months.

Beauty giant Sephora stays the course in Singapore, investing in store upgrades over expansion In a span of eight years, Sephora expanded to 11 stores located across Singapore, including in the suburban areas of Jurong a…