The Business Times

Scuttled M1-Simba deal leaves investors with more questions than answers ​The pressing question is whether any new suitor will be willing to offer the same price or valuation that Simba put on the table, says BT's Jude C…

Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships The Young Talent Programme for AI in Finance is part of a broader push by the Monetary Authority of Singapore and Insti…

StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030 StanChart said the next phase of its growth would be aided by a more integrated operating model, which it aims to achieve by reducing corp…

Start your day with BT ☕️: Stocks to watch: CDL, Lendlease Global Commercial Reit, Frencken, Geo Energy, Ever Glory Top stories: 1. Opinion: Scuttled M1-Simba deal leaves investors with more questions than answers 2. Sin…

Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls “There is obviously only StarHub left to bid for M1... It is an opportunity for StarHub to achieve its goal to be a clear No 2 operator by r…

Ex-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements Kwek, who is chairman Kwek Leng Beng’s cousin, will also be appointed vice-chairman of CDL.

‘Three months to decide, three years to list’: Singapore noodlemaker Leong Guan eyes growth after IPO Leong Guan believes its ingredients accounts for up to 280,000 meals every day, with roughly 1 in 5 noodle stalls in S…

Beyond corporate life: Why some Singaporeans choose portfolio careers Juggling his music career with lecturing at a polytechnic and running a consultancy can be hectic, but this mix of roles afforded Jason Lee something…

Trump’s Q1 trades include Nvidia, Apple, Amazon and a US$600 million sushi chain According to his latest financial disclosure, Trump or his investment advisers made more than 3,700 trades in the first quarter, reigniting…

Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents If a young couple buys an uncompleted EC with a 10-year MOP and waits four years for the keys, a breakup within those 14 ye…

Indonesia rupiah hits new record low; president downplays day-to-day impact of currency weakness The Indonesian rupiah slid to a fresh record low on Monday (May 18) as stocks slumped, while the president said that the ec…

Keppel to allow M1-Simba deal to lapse, says Keppel CEO Loh Chin Hua “We will allow the share purchase agreement with Simba to lapse when the long-stop date comes up later this week on May 21,” said Keppel chief executiv…

‘If a family business no longer feeds your family, what’s the purpose?’: FoodXervices’ Nichol Ng on business collapse “A non-profitable business legacy – you might as well not uphold it," said FoodXervices’ Nichol Ng abo…

Keppel shares fall up to 4.7% after M1-Simba deal suspended; Simba parent Tuas Ltd down over 60% Shares of Keppel fell as much as 4.7% on Monday (May 18) morning after news of another delay to the M1-Simba deal. The coun…

Jane Street doubles capacity in Singapore as expansion rolls on Jane Street Group moved into a new Singapore office this month, doubling its seating capacity to 250 people, said a source, adding that it has also taken up…

Start your day with BT ☕️: Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit Top stories: 1. Singapore: Singapore’s key exports up 24.5% in April, beating forecasts 2. Com…

IMDA halts assessment of proposed M1-Simba merger; authority probing Simba’s possible unauthorised use of radio frequency bands IMDA said that while the review was in progress, it learnt that Simba could have been using…

Hudson Place Residences sells 61.5% of units on launch weekend at average price of S$2,458 psf All 14 of the project’s three-bedroom deluxe units are fully sold.

Singapore a ‘trusted partner’ in shaping regional trade rules, says UK’s investment minister There is growing interest from Singaporean investors in priority areas such as venture capital for emerging technologies and in…

#BTLifestyle: Three young, designer-led Singaporean brands to watch One gave up a promising career in consulting, another is a successful musician, while the third is an interior designer of commercial spaces with a desi…

SingPost, Fullerton Health to collaborate on healthcare logistics, last-mile medical delivery The move comes as Singapore is in acute need of a resilient medical supply chain as it becomes a super-aged society in 2026, w…

‘A Fed chair with a spine’: A look back at Jerome Powell’s tenure as US central bank chief He helped the US economy navigate one of the most tumultuous periods of its history.

‘10% is nothing’: Singapore firms with US dealings soldier on, scale up despite Trump tariffs For Singapore businesses, the US remains an attractive market for expansion and exports, with many viewing tariff disruptions…

Developers sell 1,548 new homes in April, chalking up the highest sales in six months Vela Bay, the first private residential project in the Bayshore precinct, recorded a 72% take-up rate at median price of S$2,865 psf,…

Malaysia IPOs surge toward 13-year high amid wave of upcoming listings Malaysia has been a rare bright spot even as the Middle East conflict roiled markets elsewhere.

The end of Dubai? After the war, the UAE faces a hard road back to its shining past Of all the nations caught in the Iran war, the UAE paid the highest price, with its geography, alliances and ambitions making it the Gul…

Eneos to buy Chevron’s Singapore refinery stake, Asian assets for US$2.2 billion Chevron has been looking to divest refining and storage assets in Asia to streamline operations and reduce costs.

SIA Group passenger traffic rises 7% in April Singapore Airlines and Scoot carried a total of 3.6 million passengers, a 7.5% year-on-year increase.

Car dealers submit S$68 million for renewal of Automobile Megamart’s lease If successful, the site’s lease will be extended until 2040.

JustCo targets S$100 million mainboard IPO to expand into existing and new markets Home-grown flexible workspace operator JustCo aims to raise S$100 million in gross proceeds through an IPO on the SGX mainboard.