https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/property/haidilao-co-founders-family-buys-second-bungalow-cluny-hill-s85-million Thu, 21 May 2026 13:01:21 +0000 Kalpana Rashiwala Property Residential /property/haidilao-co-founders-family-buys-second-bungalow-cluny-hill-s85-million CK Tang family’s Victoria Park Close mansion sells for S$63 million https://www.businesstimes.com.sg/events-awards/singapore-business-awards/grab-group-ceo-anthony-tan-takes-top-prize-41st-singapore-business-awards Thu, 21 May 2026 14:30:00 +0000 Elysia Tan Singapore Business Awards Events & Awards /events-awards/singapore-business-awards/grab-group-ceo-anthony-tan-takes-top-prize-41st-singapore-business-awards Other winners at the annual event include Sats’ Kerry Mok and Trip.com’s Jane Sun https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/singtel-seeks-clarity-taking-part-telco-consolidation-analysts-note-very-high-bar-approval Thu, 21 May 2026 06:11:17 +0000 Benicia Tan Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/singtel-seeks-clarity-taking-part-telco-consolidation-analysts-note-very-high-bar-approval The group is also mulling a Reit IPO to create ‘permanent capital pools’ for longer-term investments https://www.businesstimes.com.sg/events-awards/singapore-business-awards/singapore-business-awards-2026/china-world-how-jane-sun-leans-her-global-experience-drive-trip-coms-growth-culture Thu, 21 May 2026 14:31:00 +0000 Elysia Tan Singapore Business Awards Events & Awards /events-awards/singapore-business-awards/singapore-business-awards-2026/china-world-how-jane-sun-leans-her-global-experience-drive-trip-coms-growth-culture As the travel group advances, the CEO spotlights women and tech https://www.businesstimes.com.sg/international/asean/asean-may-be-forced-choose-between-economic-growth-and-climate-if-both-are-not-decoupled-ravi-menon Thu, 21 May 2026 12:19:10 +0000 Janice Lim Asean ESG International /international/asean/asean-may-be-forced-choose-between-economic-growth-and-climate-if-both-are-not-decoupled-ravi-menon Singapore will work on carbon markets, nature-based resilience, climate resilience as the bloc’s chair in 2027 https://www.businesstimes.com.sg/international/global/chinas-first-humanoid-robot-incubator-has-its-eyes-set-south-east-asia-starting-singapore-office Thu, 21 May 2026 13:28:02 +0000 Tan Weizhen Global International /international/global/chinas-first-humanoid-robot-incubator-has-its-eyes-set-south-east-asia-starting-singapore-office It hopes to connect Chinese manufacturers with the city-state’s various application scenarios https://www.businesstimes.com.sg/events-awards/singapore-business-awards/core-strengths-new-capabilities-and-more-connectivity-key-singapores-future-chan-chun-sing Thu, 21 May 2026 13:30:00 +0000 Elysia Tan Singapore Business Awards Events & Awards /events-awards/singapore-business-awards/core-strengths-new-capabilities-and-more-connectivity-key-singapores-future-chan-chun-sing Beyond current issues, we must also ‘scan the horizon’ to be prepared for the future, says the minister https://www.businesstimes.com.sg/events-awards/singapore-business-awards/singapore-business-awards-2026/how-sats-ceo-kerry-mok-turned-groups-lowest-ebb-sky-high-results-global-stage Thu, 21 May 2026 14:31:00 +0000 Derryn Wong Singapore Business Awards Events & Awards /events-awards/singapore-business-awards/singapore-business-awards-2026/how-sats-ceo-kerry-mok-turned-groups-lowest-ebb-sky-high-results-global-stage He explains why good leaders need to own everything, recruit people smarter than them and ‘over-communicate’ https://www.businesstimes.com.sg/companies-markets/aims-apac-reit-secures-sustainability-linked-loan-facilities-s450-million-160-million Thu, 21 May 2026 11:47:40 +0000 Evan See Companies & Markets Reits & Property /companies-markets/aims-apac-reit-secures-sustainability-linked-loan-facilities-s450-million-160-million It has also clinched a A$115 million syndicated loan with a green tranche of A$50 million https://www.businesstimes.com.sg/singapore/some-things-know-about-teo-siong-seng-singapore-shipping-veteran-accused-us-price-collusion Thu, 21 May 2026 06:33:59 +0000 Jermaine Fok Singapore Companies & Markets Transport & Logistics /singapore/some-things-know-about-teo-siong-seng-singapore-shipping-veteran-accused-us-price-collusion [SINGAPORE] The US Department of Justice (DOJ) this week issued a statement accusing four of the world’s largest shipping container manufacturers of... https://www.businesstimes.com.sg/singapore/policy-changes-construction-demand-push-commercial-vehicle-coe-premiums-new-record Thu, 21 May 2026 08:36:51 +0000 Derryn Wong Singapore Companies & Markets Transport & Logistics /singapore/policy-changes-construction-demand-push-commercial-vehicle-coe-premiums-new-record Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players https://www.businesstimes.com.sg/companies-markets/nio-q1-net-loss-narrows-332-1-million-yuan-revenue-doubles Thu, 21 May 2026 12:12:52 +0000 Evan See Companies & Markets /companies-markets/nio-q1-net-loss-narrows-332-1-million-yuan-revenue-doubles The EV maker’s loss per share of 0.2 yuan compares with 0.29 yuan a year earlier https://www.businesstimes.com.sg/singapore/why-singapore-overtook-indonesia-become-s-e-asias-largest-stock-market-and-what-happens-next Wed, 20 May 2026 23:00:00 +0000 Jermaine Fok Singapore /singapore/why-singapore-overtook-indonesia-become-s-e-asias-largest-stock-market-and-what-happens-next SGX’s market capitalisation climbs to US$644 billion as IDX’s falls to US$618 billion https://www.businesstimes.com.sg/international/asean/who-would-buy-vietnams-state-owned-stakes-when-hanoi-ready-sell Thu, 21 May 2026 06:06:42 +0000 Jamille Tran Asean International New Articles /international/asean/who-would-buy-vietnams-state-owned-stakes-when-hanoi-ready-sell Takers could include patient investors seeking exposure to the country’s economic rise https://www.businesstimes.com.sg/international/global/iran-reviewing-trumps-latest-proposal-ending-war-clock-ticks-ceasefire-us Wed, 20 May 2026 22:43:11 +0000 Global International /international/global/iran-reviewing-trumps-latest-proposal-ending-war-clock-ticks-ceasefire-us Trump also reiterated his determination not to allow Iran to acquire a nuclear weapon https://www.businesstimes.com.sg/property/apex-court-rejects-resulting-trust-claim-99-1-condo-dispute Thu, 21 May 2026 02:32:21 +0000 Chong Xin Wei Property /property/apex-court-rejects-resulting-trust-claim-99-1-condo-dispute It says enforcing such a trust would effectively endorse an intention to evade ABSD https://www.businesstimes.com.sg/singapore/ai-reshapes-entry-level-work-fresh-grads-must-prepare-third-year-job-panel Thu, 21 May 2026 10:14:47 +0000 Meera Pathmanathan Singapore /singapore/ai-reshapes-entry-level-work-fresh-grads-must-prepare-third-year-job-panel They will need to place greater emphasis on internships, work-study programmes and adaptability  https://www.businesstimes.com.sg/singapore/singapore-ramps-ai-push-smes-new-initiatives-partnerships Thu, 21 May 2026 05:48:12 +0000 Ranamita Chakraborty Singapore Startups & Tech Technology /singapore/singapore-ramps-ai-push-smes-new-initiatives-partnerships Awards recognising those that have achieved measurable business outcomes through use of artificial intelligence launched https://www.businesstimes.com.sg/property/cdls-singapore-property-sales-fall-s609-6-million-q1-global-hotel-revpar-rises-4-3 Wed, 20 May 2026 10:27:45 +0000 Shikhar Gupta Property /property/cdls-singapore-property-sales-fall-s609-6-million-q1-global-hotel-revpar-rises-4-3 For the three months ended Mar 31, the group and its joint venture associates sold 242 units https://www.businesstimes.com.sg/opinion-features/yeos-tiger-beer-and-now-gardenia-flight-food-manufacturing-singapore-might-be-just-planned Wed, 20 May 2026 09:42:40 +0000 Janice Heng Opinion & Features Singapore /opinion-features/yeos-tiger-beer-and-now-gardenia-flight-food-manufacturing-singapore-might-be-just-planned By keeping high-value functions here and moving production out, local manufacturers are doing just what the Economic Strategy Review proposes https://www.businesstimes.com.sg/international/asean/grab-folds-indonesias-superbank-financial-services-segment-singtel-transfers-stake-gxs-bank Wed, 20 May 2026 10:09:26 +0000 Evan See Asean Companies & Markets International /international/asean/grab-folds-indonesias-superbank-financial-services-segment-singtel-transfers-stake-gxs-bank The Indonesian digital lender has a market capitalisation of US$1.6 billion https://www.businesstimes.com.sg/international/global/singamas-shares-plunge-after-us-doj-allegations-against-ceo-teo-siong-seng Thu, 21 May 2026 04:19:59 +0000 Global International /international/global/singamas-shares-plunge-after-us-doj-allegations-against-ceo-teo-siong-seng The firm has engaged external legal advisors, and business operations will remain normal in the meantime https://www.businesstimes.com.sg/companies-markets/elon-musks-tight-grip-heavy-losses-what-spacexs-potentially-largest-ever-ipo-filing-reveals Thu, 21 May 2026 00:43:04 +0000 Companies & Markets New Articles Transport & Logistics /companies-markets/elon-musks-tight-grip-heavy-losses-what-spacexs-potentially-largest-ever-ipo-filing-reveals The company chose Nasdaq to make its debut under the symbol SPCX, according to a filing on May 20 with the US... https://www.businesstimes.com.sg/companies-markets/stocks-watch-singtel-cdl Thu, 21 May 2026 00:29:29 +0000 Shikhar Gupta Therese Soh Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-singtel-cdl The following companies saw new developments that may affect trading of their securities on Thursday (May 21): https://www.businesstimes.com.sg/international/asean/hormuz-crisis-makes-aseans-push-sustainable-aviation-fuel-more-urgent Wed, 20 May 2026 23:00:00 +0000 Asean Columns International Opinion & Features /international/asean/hormuz-crisis-makes-aseans-push-sustainable-aviation-fuel-more-urgent The region’s aviation must break its overdependence on jet fuel https://www.businesstimes.com.sg/companies-markets/openai-picks-singapore-first-applied-ai-lab-outside-us-s300-million-push-tap-incredible-talent-here Wed, 20 May 2026 03:30:00 +0000 Renald Yeo Companies & Markets Singapore /companies-markets/openai-picks-singapore-first-applied-ai-lab-outside-us-s300-million-push-tap-incredible-talent-here It will create 200 jobs and expand access to AI tools and expertise https://www.businesstimes.com.sg/singapore/mas-revokes-bsquared-crypto-permit-over-serious-breaches Wed, 20 May 2026 12:48:23 +0000 Singapore Banking & Finance Companies & Markets /singapore/mas-revokes-bsquared-crypto-permit-over-serious-breaches The company’s license was revoked as of May 14 https://www.businesstimes.com.sg/companies-markets/banking-finance/stanchart-ceo-reassures-staff-after-lower-value-human-backlash Wed, 20 May 2026 08:39:32 +0000 Banking & Finance Companies & Markets /companies-markets/banking-finance/stanchart-ceo-reassures-staff-after-lower-value-human-backlash Winters’ remarks drew condemnation on social media and across Asia https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/singapore-staff-first-know-metas-8000-global-job-cuts Wed, 20 May 2026 00:34:18 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/singapore-staff-first-know-metas-8000-global-job-cuts This latest round of cuts is expected to hit the company’s engineering and product teams https://www.businesstimes.com.sg/singapore/singapore-welcomes-competition-ai-leadership-not-zero-sum-game-gan-kim-yong Wed, 20 May 2026 06:38:55 +0000 Elysia Tan Singapore Economy & Policy /singapore/singapore-welcomes-competition-ai-leadership-not-zero-sum-game-gan-kim-yong Competition will further capability, create opportunities for cross-border partnerships https://www.businesstimes.com.sg/companies-markets/energy-commodities/singapore-be-early-entrant-nuclear-fusion-supply-chain-star-us-startup-deal Wed, 20 May 2026 08:00:00 +0000 Sharanya Pillai Energy & Commodities Companies & Markets ESG International /companies-markets/energy-commodities/singapore-be-early-entrant-nuclear-fusion-supply-chain-star-us-startup-deal Five-year tie-up with Commonwealth Fusion Systems comes amid global race to commercialise nuclear fusion energy https://www.businesstimes.com.sg/property/frasers-sells-retail-complex-west-sydney-vicinity-centres-400-million Wed, 20 May 2026 04:15:31 +0000 Chong Xin Wei Property /property/frasers-sells-retail-complex-west-sydney-vicinity-centres-400-million The sale is consistent with its capital recycling strategy, says Australian unit’s CEO https://www.businesstimes.com.sg/international/asean/indonesias-tighter-commodity-export-control-raises-concerns-over-margin-pressure-producers Wed, 20 May 2026 07:12:32 +0000 Elisa Valenta Asean International /international/asean/indonesias-tighter-commodity-export-control-raises-concerns-over-margin-pressure-producers Exports for key materials will go through a single-door system managed by a state-backed entity