The Business Times

Indonesia faces crucial MSCI decision on its emerging-market status as downgrade risk looms MSCI is set to publish its annual market classification review on Jun 24, with investors watching closely to see if Indonesia ke…

Singapore investors see SpaceX investment as long-term bet on the future of the space economy “We truly believe that the space economy is just at the very beginning of its story,” says Lim Qing Ru, founding partner of ve…

Singapore cements position as Asia-Pacific wealth hub as region’s AUM set to hit US$34.5 trillion by 2030: PwC Singapore aims to capture opportunities in cross-border wealth, tokenisation and sovereign capital.

Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey Vietnam has the highest rate of generative AI usage among the South-east Asian markets surveyed, with 36% of workers sayi…

Can ST Engineering aspire to challenge DBS to be king of the local bourse? Growing leading companies outside the banking sector will make the local stock market more vibrant.

Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation Tiger Beer is preparing to roll out several new products over the next one to two years, as the home-grown brand seeks to r…

New restaurants – finding fresh opportunities in Singapore’s volatile dining scene The trend of openings outpacing closures continued from January to May this year, when 1,800 new businesses were registered, versus 1,515…

What Singapore can learn from Chengdu about revitalising retail Chengdu’s success at revitalising its retail spaces is worth studying, says this writer. Start with people, create reasons to gather, allow concepts to be t…

Singapore oil refiner Aster still on M&A hunt, ‘open’ to IPO as assets mature Aster's deputy CEO Andre Khor says the company plans to sell more bitumen from its Singapore facility to Indonesia.

The future of Orchard Road rests on having a cohesive vision Competition is fierce in the regional capitals near Singapore, says BT associate editor Lee Su Shyan. IconSiam in Bangkok, for instance, is a towering mixed-us…

Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon Markets are pricing in a normalisation in Hormuz flows, but observers say the process could take a…

Mapletree CFO Wendy Koh appointed as Temasek’s new CFO Wendy Koh's appointment comes amid continuing market buzz about an impending merger between Mapletree Investments and CapitaLand Investments, another Temasek portfol…

Beyond beaches or Bali: Singapore’s push for urban wellness tourism “Bali, Phuket, Koh Samui and Chiang Mai offer things we don’t: nature, space, lower cost, a spiritual or retreat atmosphere," says Christopher Khoo, man…

‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis Aster deputy CEO Andre Khor grew up in Penang, Malaysia, where his father worked as a steel factory labourer and instilled in him…

How to ride the iEdge Singapore Next 50 indices as momentum wanes After a broad rerating in 2025, investors may now have to dig deep among smaller-cap stocks for strong returns, says BT's Ben Paul.

Singapore favoured by Muslim travellers amid surge in AI-assisted holiday planning: report Malaysia retained the top spot globally for the 11th consecutive year with a score of 82, anchored by its highly developed halal…

Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million The top bid for the River Valley Green plot marks a new high for land in the area, and is about 22% above the price of the la…

Mah Bow Tan-led Therme Singapore breaks ground on wellness facility with thermal baths, spas The S$1 billion development at Marina South will be Singapore’s first dedicated wellness attraction and Asia’s first “large-sca…

Onitsuka Tiger pivots from Asics stripes to tap luxury market The 77-year-old sneaker maker is set to be spun off from parent Asics on Jan 1, 2027, to capitalise on a resurgence in interest for retro aesthetics and Japan…

Asian currencies likely to stay under pressure as new Fed regime keeps rates steady The hawkish interpretation of the Fed decision will likely result in a stronger US dollar and higher rates in Asia, said BlackRock.

Start your day with BT ☕️: Stocks to watch: Apac Realty, Lum Chang Creations Top stories: 1. Companies: DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets 2. Asean: Asian curre…

Dim sum chain Tim Ho Wan to close first Singapore outlet at Plaza Singapura after 13 years Tim Ho Wan said that the Orchard Road outlet will be closing as part of the mall’s S$160 million redevelopment.

Indonesia central bank raises policy rates again to support rupiah It raised the seven-day reverse repurchase rate to 5.75 per cent, the highest level since May 2025.

Singapore reclaims top spot in IMD world competitiveness ranking as business efficiency improves The Republic last held the top spot in 2024.

South Korea’s Kospi index tops 9,000 as chipmakers hit records Samsung Electronics rises 4.62% and SK Hynix gains 6.51%.

Hormuz oil flows may recover to only 70% after Iran war: Goldman The expected pickup in shipments may be completed by the end of July, with gulf production likely to recover by October, they said.

Orchid Hotel in Tanjong Pagar sold for about S$273 million The buyer is a JV between a local developer and Westmont Hospitality; the hotel is expected to be rebranded. bt.sg/bBH7

Japan intervention risk mounts as yen drops to lowest since 2024 The currency has been under pressure from the wide interest-rate gap between the US and Japan.

AI will lead to labour shortages, Amazon founder Bezos says The comments come when global companies cut thousands of jobs after investing heavily in AI.