The Business Times

Start your day with BT ☕️: Stocks to watch: CapitaLand Integrated Commercial Trust, SGX Top stories: 1. Singapore: Tech stocks could surpass S-Reits on iEdge Singapore Next 50 index if growth momentum keeps up: SGX 2. Si…

Iran announces closure of Hormuz after US launches new strikes The US began a fresh round of strikes against multiple targets overnight in Iran, the US military said on Wednesday. ➡️ Oil settles up nearly US$2 after Trum…

CICT’s S$3.9 billion Paragon buy draws scrutiny over timing, funding at EGM Still, unitholders vote overwhelmingly in favour of the proposed acquisition, with 99.96% of votes for it.

Applied Materials boosts Singapore manufacturing operation with US$500 million campus to meet AI chip demand Asia accounts for more than 80% of the American firm’s revenue.

Supergreen targets Singapore’s residential neighbourhoods as expansion plan takes off “Everybody is more conscious about eating healthy after work. (When they go home), they will want this healthy food (to be) near to th…

Singapore court targets BigPay, Teleport stakes in blow to Tony Fernandes-led Capital A The latest legal hurdle poses a fresh challenge for Tony Fernandes-led Capital A, as it works to pivot towards non-aviation business…

Shopee cuts hundreds of developer jobs globally during pivot to AI The reductions, which started this week, amount to about 8% of the company’s developer workforce.

SpaceX and other giga-listings could raise indices’ risks Retail investors would do well to note that an IPO is mainly an exit avenue for insiders, who will profit handsomely.

SGX’s Global Listing Board needs a few strong listings right out the gate A poor post-listing showing might attract comparisons between the Global Listing Board and the Spac initiative.

Malaysia’s government-linked funds to invest in firms under MY Value Up programme The My Value Up programme, launched in March, aims to strengthen the value-creation narratives of the country’s top 88 listed companies, w…

AI salaries in Singapore rising 5 times faster than overall wages, fresh grads earn up to S$90k a year Within the past year, pay for AI roles has climbed by about 15 to 25%, with salaries for fresh hires typically starti…

Single founders, billion-dollar valuations: AI is minting unicorn startups at birth “We are seeing single-founder startups being formed. A single founder can get a product up in three to six months, and within less than…

Bank Indonesia’s emergency rate hike buys time for battered rupiah, but investor doubts linger Bank Indonesia’s raised its benchmark seven-day reverse repo rate by 25 basis points to 5.5% on Tuesday (Jun 9), in an unsche…

Start your day with BT ☕️: Stocks to watch: Nio, Wee Hur Top stories: 1. Singapore: Single founders, billion-dollar valuations: AI is minting unicorn startups at birth 2. Asean: Bank Indonesia’s emergency rate hike buys…

Have we become too optimistic about stocks? With the major banks funnelling resources into their wealth franchises, investors could be about to face an avalanche of sales calls from relationship managers keen on promotin…

In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance 100 days on, the Iran conflict shows no sign of ending, challenging assumptions that stability and common sense will prevail, says BT’s…

Bombardier to grow Apac service hub in Singapore with S$100 million expansion A new facility in JTC’s Seletar Aerospace Park will double the Canadian aircraft manufacturer’s footprint here.

New NCS chief bets deeper on government contracts, even as AI shrinks the workload “I worry about whether our people will reskill quickly enough,” says Sam Liew, CEO of NCS, adding that he has done an internal restructur…

SingPost unveils S$30 million sortation machines that treble its parcels processing capacity The new systems will boost its small and medium parcel processing capacity from 100,000 to 300,000 parcels per day.

UBS reduces Asia ESG staff by half in global restructuring UBS reduced its seven-person Asia team to three employees, said sources, adding that the departures include three staff members in Hong Kong, two of whom were ex…

Singapore employers willing to pay premium for AI skills amid softer hiring sentiment: survey Singapore employers are scaling back headcount growth projections for the third quarter of 2026, but the majority of firms are…

SpaceX IPO is well oversubscribed with US$10 billion orders Retail investors can still submit orders for SpaceX shares on some platforms beyond the Wednesday deadline. The company is reportedly allocating as much as 30%…

Strong US dollar and tariff threats ignite broad Asian currency sell-off Energy shocks drag rupiah and yen to fresh lows as new US tariffs compound pain for won and ringgit.

Start your day with BT ☕️: Stocks to watch: Starhill Global Reit, Ley Choon Top stories: 1. Singapore: Strong US dollar and tariff threats ignite broad Asian currency sell-off 2. Singapore: Singapore employers willing to…

As the West explores new frontiers, South-east Asia is looking back down at Earth from space As Elon Musk’s SpaceX prepares to go public in a record US$75 billion offering, South-east Asia’s involvement in the space race…

Private banks turn to health, wellness and education offerings to stand out in wealth management Healthcare access, concierge services and even education advisory are among the offerings that private banks are rolling ou…

Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts A senior market analyst said that Singapore’s strength would lie in moving beyond its reputation as a safe vault to becoming a truste…

Think twice about rebuilding that old landed property into a super-big house to max out GFA As household size is hardly growing, is there a need to build super-large landed homes?

Vietnam’s electronics retail king DMX aims to repeat its feat in Indonesia ‘in half the time’ Beyond its own ongoing domestic IPO, it hopes to list joint venture EraBlue in Indonesia within five years.

The Business Times checks into hotels around the world with latest partnerships Travellers can now read BT across 200 properties throughout six continents. With The Ascott Ltd, BT is available at 80 serviced residences a…