The Business Times

Sembawang EC site sees tepid response; JBE unit tops tender with S$692 psf ppr bid Site for small 265-unit EC attracts four bids including lowball S$381 psf ppr offer.

Investment-linked insurance products: complexity label a long time coming The truth is that ILPs may be a no man’s land where protection is paltry and returns are insufficient for long-term goals.

Evia, Gamuda, Ho Lee consortium places top bid of S$1.01 billion, or S$980 psf ppr for Yishun site The 99-year leasehold commercial and residential site in Chencharu Close, near Khatib MRT station, draws total of three b…

Higher operating costs are a stone in the shoe – even for the rich eyeing family offices These ultra-high-net-worth investors are turning to banks which offer alternative ways of managing their wealth.

Chipotle plans Asia debut with stores in Singapore and South Korea It will offer the same menu in South Korea and Singapore as in the US, just like it does in all international markets.

Platform operators, government to crack down on illegal work as recommended by trilateral group The trilateral group's recommendations come amid complaints about foreigners taking on platform work – a practice which is i…

Latest Singapore six-month T-bill cut-off yield falls to 1.38% Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02.

Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year The increased collection is driven by robust economic growth and higher consumer spending.

Disney Adventure postpones maiden S’pore cruise to March 2026 It will be postponed from Dec 15 to Mar 10, 2026, due to shipbuilding delays.

UOL sells Kinex mall for S$375 million The sale of the Tanjong Katong Road property will be completed on Oct 31.

DBS still on a tear, crosses S$53 for first time to push STI into new territory again at 4,367.51 points New day, new high.

Start your day with BT ☕️: Stocks to watch: Nio, UOL, Centurion, CLCT, Sing Holdings, Del Monte Pacific, mm2 Asia Top Stories: 1. Companies: UOL sells Kinex mall for S$375 million 2. Companies: Higher operating costs are…

Right-wing Trump ally Charlie Kirk shot dead at US university “The Great, and even Legendary, Charlie Kirk, is dead,” Trump wrote on Truth Social.

Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long Asean growth prospects remain strong even with tariff uncertainty, says the lender’s incoming chief executive, who is also head of…

CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub Victor Lee resigns, placed on gardening leave with immediate effect.

Indonesia to inject 200 trillion rupiah (S$16 billion) into economy to spur growth “My job here is to rev up the monetary and fiscal engines,” said Indonesia’s newly appointed Finance Minister Dr Purbaya Yudhi Sadewa.

Ozempic-maker Novo Nordisk to cut 9,000 jobs in restructuring The company currently has 78,400 positions globally.

Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia The theme park operator expects the compensation sum to have a material positive impact on its earnings for the current financial…

Loyang Valley nearing en bloc deal, with several developers in due diligence The height limit for the Upper Changi area condo’s large 7.8 hectare site has been increased.

#BTOpinion: Blame PSLE-related stress on close links between financial outcomes and academic success Importantly too, attending selective schools may boost a young person’s prospects of finding a well-qualified life part…

🍾 DBS breaks new barrier at S$52.75 as STI hits record at 4345.33 points DBS Bank’s counter had closed at S$50.88 the previous day, while the STI had been at 4,297.57 points.

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline Analysts raise calls and target prices for CDL, UOL, GuocoLand and agencies PropNex, Apac Realty.

Mah Bow Tan-linked venture, Allen Law-owned entity vying for Marina South wellness project STB is now evaluating the bids received from Therme Group Singapore and Platinum Heights to develop the 4 ha site.

Start your day with BT ☕️: Stocks to watch: Frasers Property, SingPost, HRnetGroup, LHN, Sim Leisure Top Stories: 1. Property: Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pi…

Trump issues rare rebuke to Netanyahu over Qatar strikes Trump’s rebuke of Israeli Prime Minister Benjamin Netanyahu was uncommon, as the US president has given the Israeli leader almost unstinting backing since returnin…

CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect The bank says it will announce its successors in due course; CFO to take charge in interim.

Under Anutin, Thailand will look to reinvent in uncertain post-Thaksin era With the former premier sentenced to a year in jail, all eyes are on new PM Anutin Charnvirakul as he leads a minority government with only a bri…

Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5% This means the Chinese e-commerce giant is no longer a substantial shareholder of SingPost.

#BTOpinion: In a chaotic world, Singapore doubles down on being a safe harbour The president’s address to Parliament presented a sombre assessment of external threats, but his core message was a return to the nation’s fo…

Gold heads towards US$4,000 mark as markets grapple with dollar doubts, Fed uncertainty Analysts note confidence in the precious metal is ultimately linked to sentiment towards the greenback.