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/companies-markets/who-kenneth-goi-son-popiah-king-and-pscs-next-ceo Fri, 10 Apr 2026 12:26:51 +0000 Koh Kim Xuan Companies & Markets /companies-markets/who-kenneth-goi-son-popiah-king-and-pscs-next-ceo His father Sam Goi gave him plenty of opportunities to learn about the business; he has held many roles in the family’s... https://www.businesstimes.com.sg/singapore/rts-link-unlikely-topple-singapore-retail-despite-jbs-appeal-ocbc Fri, 10 Apr 2026 00:00:00 +0000 Chloe Lim Singapore Asean International /singapore/rts-link-unlikely-topple-singapore-retail-despite-jbs-appeal-ocbc A narrowing price gap between malls in the two cities is among factors keeping the city-state going https://www.businesstimes.com.sg/companies-markets/banks-blue-chips-see-heavy-trade-sgx-volatile-q1 Fri, 10 Apr 2026 06:59:40 +0000 Deon Loke Companies & Markets New Articles /companies-markets/banks-blue-chips-see-heavy-trade-sgx-volatile-q1 Turnover is high among stocks viewed as anchors of stability or those positioned to navigate supply chain disruptions https://www.businesstimes.com.sg/property/three-floors-suntec-towers-1-and-2-sale-s135-million Fri, 10 Apr 2026 02:37:35 +0000 Shikhar Gupta Property Companies & Markets Reits & Property /property/three-floors-suntec-towers-1-and-2-sale-s135-million The guide price translates to an average of about S$3,350 per square foot https://www.businesstimes.com.sg/international/asean/fuel-shock-meets-faith-iran-war-drives-pilgrimage-costs-south-east-asian-muslims Fri, 10 Apr 2026 09:00:00 +0000 Elisa Valenta Tan Ai Leng Asean International /international/asean/fuel-shock-meets-faith-iran-war-drives-pilgrimage-costs-south-east-asian-muslims Surging oil prices are forcing airlines to balance rising costs with their commitment to transport pilgrims https://www.businesstimes.com.sg/international/white-house-warns-staff-insider-trading-amid-iran-war-bets Fri, 10 Apr 2026 10:02:14 +0000 International /international/white-house-warns-staff-insider-trading-amid-iran-war-bets This comes after a series of recent well-timed and profitable wagers raised questions https://www.businesstimes.com.sg/singapore/singapore-australia-commit-keep-lng-diesel-flowing-working-legally-binding-agreement Fri, 10 Apr 2026 06:18:15 +0000 Singapore /singapore/singapore-australia-commit-keep-lng-diesel-flowing-working-legally-binding-agreement This pact on economic resilience and essential supplies will span energy and other critical sectors https://www.businesstimes.com.sg/companies-markets/olam-chairman-lim-ah-doo-group-ceo-sunny-verghese-step-down-leadership-reshuffle Fri, 10 Apr 2026 01:37:05 +0000 Benicia Tan Deon Loke Companies & Markets New Articles /companies-markets/olam-chairman-lim-ah-doo-group-ceo-sunny-verghese-step-down-leadership-reshuffle The changes will be effective from the group’s fifth AGM on Apr 27, 2026 https://www.businesstimes.com.sg/opinion-features/payments-infrastructure-not-apps-will-define-south-east-asia-fintechs-next-decade Fri, 10 Apr 2026 04:52:54 +0000 Opinion & Features Columns /opinion-features/payments-infrastructure-not-apps-will-define-south-east-asia-fintechs-next-decade Four critical developments point to where payments in the region are heading next https://www.businesstimes.com.sg/companies-markets/popiah-king-sam-gois-son-be-ceo-psc-corp Thu, 09 Apr 2026 15:40:08 +0000 Chong Xin Wei Companies & Markets /companies-markets/popiah-king-sam-gois-son-be-ceo-psc-corp Kenneth Goi, also redesignated as executive director of the company, assumes both roles on May 5 https://www.businesstimes.com.sg/singapore/imda-boosts-support-fresh-tech-graduates-more-industry-immersions-career-resources Fri, 10 Apr 2026 03:23:20 +0000 Benjamin Cher Singapore /singapore/imda-boosts-support-fresh-tech-graduates-more-industry-immersions-career-resources This is part of better preparing them for the workforce, says Senior Minister of State for Digital Development and Information Tan Kiat... https://www.businesstimes.com.sg/companies-markets/sheng-siong-dbs-among-winners-singapores-s1-billion-energy-support-package-rhb Thu, 09 Apr 2026 05:12:16 +0000 Deon Loke Companies & Markets Energy & Commodities /companies-markets/sheng-siong-dbs-among-winners-singapores-s1-billion-energy-support-package-rhb Most direct equity beneficiaries are in consumer staples and heartland retail, the brokerage says https://www.businesstimes.com.sg/property/ura-puts-two-prime-condo-sites-newton-river-valley-sale Thu, 09 Apr 2026 03:39:25 +0000 Ry-Anne Lim Property /property/ura-puts-two-prime-condo-sites-newton-river-valley-sale Analysts predict keen competition with up to seven or eight bids at each tender, amid robust demand for CCR homes https://www.businesstimes.com.sg/companies-markets/oil-rout-gives-asian-currencies-some-breathing-room-if-middle-east-ceasefire-holds Thu, 09 Apr 2026 09:52:30 +0000 Renald Yeo Companies & Markets Capital Markets & Currencies /companies-markets/oil-rout-gives-asian-currencies-some-breathing-room-if-middle-east-ceasefire-holds But lower prices alone may not be enough to drive a sustained recovery, analysts say https://www.businesstimes.com.sg/opinion-features/corporate-scrutiny-must-be-disciplined-and-evidence-based Thu, 09 Apr 2026 22:30:00 +0000 Opinion & Features Columns /opinion-features/corporate-scrutiny-must-be-disciplined-and-evidence-based Governance should continue to rest on a framework that combines expert input, fiduciary accountability and transparent disclosure https://www.businesstimes.com.sg/international/global/saudi-arabia-says-attacks-cut-oil-output-and-east-west-pipeline-flow Thu, 09 Apr 2026 22:07:31 +0000 Global Companies & Markets Energy & Commodities International /international/global/saudi-arabia-says-attacks-cut-oil-output-and-east-west-pipeline-flow With the strait blocked, the East-West Pipeline has been Saudi Arabia’s only crude export route https://www.businesstimes.com.sg/companies-markets/cdl-sets-s2-billion-multicurrency-perpetual-securities-issuance-programme Thu, 09 Apr 2026 12:42:51 +0000 Chong Xin Wei Companies & Markets /companies-markets/cdl-sets-s2-billion-multicurrency-perpetual-securities-issuance-programme The net proceeds will be used to finance general working capital and corporate funding, and refinance existing borrowings https://www.businesstimes.com.sg/international/global/time-buy-us-ai-tech-names-if-middle-east-de-escalation-holds-say-analysts Thu, 09 Apr 2026 03:44:22 +0000 Chloe Lim Global Capital Markets & Currencies Companies & Markets International Startups & Tech Technology /international/global/time-buy-us-ai-tech-names-if-middle-east-de-escalation-holds-say-analysts Singapore will also be the first to see clear benefits as AI comes to fore in Asia https://www.businesstimes.com.sg/international/asean/malaysian-tycoon-syed-mokhtar-said-mull-property-company-ipo Thu, 09 Apr 2026 03:01:47 +0000 Asean Companies & Markets International Property /international/asean/malaysian-tycoon-syed-mokhtar-said-mull-property-company-ipo WM Senibong develops property including luxury homes in Malaysia’s Johor state https://www.businesstimes.com.sg/singapore/economy-policy/sbf-refreshes-tac-alliance-new-capability-framework-corporate-governance-badge-unveiled Thu, 09 Apr 2026 02:34:39 +0000 Low Youjin Economy & Policy Singapore /singapore/economy-policy/sbf-refreshes-tac-alliance-new-capability-framework-corporate-governance-badge-unveiled This will help trade associations and chambers better navigate a more volatile operating environment, says SBF https://www.businesstimes.com.sg/international/asean/how-war-middle-east-paralysed-asian-food-giant Thu, 09 Apr 2026 13:57:52 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/how-war-middle-east-paralysed-asian-food-giant The scarcity of fuel and fertiliser is affecting production in Vietnam’s Mekong River Delta https://www.businesstimes.com.sg/international/global/oil-rises-choppy-session-saudi-supplies-hit-attacks Thu, 09 Apr 2026 21:58:33 +0000 Global Companies & Markets Energy & Commodities International /international/global/oil-rises-choppy-session-saudi-supplies-hit-attacks Prices rallied after Saudi Arabia said its output has been cut by around 600,000 barrels a day https://www.businesstimes.com.sg/singapore/strong-demand-drives-coe-spike-mainstream-car-premium-hits-s118000-commercial-vehicles-s80001 Wed, 08 Apr 2026 08:31:43 +0000 Derryn Wong Singapore /singapore/strong-demand-drives-coe-spike-mainstream-car-premium-hits-s118000-commercial-vehicles-s80001 Stock clearing by legacy brands and continued demand for EVs prompt healthy sales https://www.businesstimes.com.sg/international/asean/grab-unveils-13-ai-powered-solutions-businesses-consumers-travellers Wed, 08 Apr 2026 05:13:51 +0000 Benjamin Cher Asean Companies & Markets International /international/asean/grab-unveils-13-ai-powered-solutions-businesses-consumers-travellers CEO says the company is moving into ‘hardware’ to tackle issues in the physical world that software cannot fix  https://www.businesstimes.com.sg/international/asean/south-east-asian-markets-account-8-8-global-capital-inflows-2021-2024-report Wed, 08 Apr 2026 23:00:00 +0000 Chloe Lim Asean Global International /international/asean/south-east-asian-markets-account-8-8-global-capital-inflows-2021-2024-report FDI makes up 72.5% of inflows to Cambodia, Malaysia, Laos, Indonesia, the Philippines and Vietnam https://www.businesstimes.com.sg/singapore/reliability-stability-and-transparency-key-singapores-response-geopolitical-shocks-edwin-tong Wed, 08 Apr 2026 07:02:18 +0000 Jermaine Fok Singapore /singapore/reliability-stability-and-transparency-key-singapores-response-geopolitical-shocks-edwin-tong Law minister says Singapore, as a small country, feels global tremors more acutely than most https://www.businesstimes.com.sg/companies-markets/formal-say-pay-may-be-more-effective-better-disclosure Tue, 07 Apr 2026 23:00:00 +0000 Companies & Markets /companies-markets/formal-say-pay-may-be-more-effective-better-disclosure This would give shareholders the right to vote on executive remuneration, to ensure it aligns with performance https://www.businesstimes.com.sg/companies-markets/seatrium-sets-s3-billion-multicurrency-debt-issuance-programme Wed, 08 Apr 2026 15:51:17 +0000 Chong Xin Wei Companies & Markets /companies-markets/seatrium-sets-s3-billion-multicurrency-debt-issuance-programme The net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among other things https://www.businesstimes.com.sg/companies-markets/energy-commodities/no-longer-boilerplate-force-majeure-provisions-under-fresh-scrutiny-say-singapore-lawyers Tue, 07 Apr 2026 23:00:00 +0000 Benicia Tan Sharanya Pillai Energy & Commodities Companies & Markets /companies-markets/energy-commodities/no-longer-boilerplate-force-majeure-provisions-under-fresh-scrutiny-say-singapore-lawyers Granular provisions are replacing broad, generic language in this ‘unloved’ section of contracts  https://www.businesstimes.com.sg/international/asean/sunway-ijm-takeover-bid-collapse-ijm-wins-faces-pressure-deliver-value Wed, 08 Apr 2026 11:20:15 +0000 Tan Ai Leng Asean International /international/asean/sunway-ijm-takeover-bid-collapse-ijm-wins-faces-pressure-deliver-value Asset monetisation, spin-off plans in focus as IJM races to deliver value within tight timelines https://www.businesstimes.com.sg/companies-markets/transport-logistics/asian-airlines-maintain-ai-investments-despite-budget-cuts-due-iran-war-oil-shock Wed, 08 Apr 2026 07:37:41 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/asian-airlines-maintain-ai-investments-despite-budget-cuts-due-iran-war-oil-shock Carriers such as Scoot, Thai Airways see digital infrastructure and AI as existential needs https://www.businesstimes.com.sg/companies-markets/transport-logistics/cash-king-asian-airlines-hoard-liquidity-survive-worst-oil-shock-1980s Wed, 08 Apr 2026 06:30:48 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/cash-king-asian-airlines-hoard-liquidity-survive-worst-oil-shock-1980s Carriers are reducing non-essential capital and operational expenditures to maintain liquidity https://www.businesstimes.com.sg/international/global/airlines-nowhere-near-covid-style-crisis-despite-oil-shock-iata-chief Wed, 08 Apr 2026 09:31:31 +0000 Shikhar Gupta Global Asean Companies & Markets International Transport & Logistics /international/global/airlines-nowhere-near-covid-style-crisis-despite-oil-shock-iata-chief Carriers can mitigate fuel price spikes using established levers such as fare hikes, says Willie Walsh https://www.businesstimes.com.sg/companies-markets/singtel-cpf-board-transfer-legacy-discounted-shares-investors-cdp-accounts-giving-615000 Tue, 07 Apr 2026 05:47:16 +0000 Young Zhan Heng Jude Chan Companies & Markets /companies-markets/singtel-cpf-board-transfer-legacy-discounted-shares-investors-cdp-accounts-giving-615000 As a rough gauge, an investor will make a return of about six times on the original investment https://www.businesstimes.com.sg/companies-markets/sic-take-no-further-action-against-popiah-king-sam-goi-breach-takeover-code Tue, 07 Apr 2026 16:11:55 +0000 Derryn Wong Companies & Markets Consumer & Healthcare /companies-markets/sic-take-no-further-action-against-popiah-king-sam-goi-breach-takeover-code Goi says he misunderstood the provisions of the code; the council is also factoring in his cooperation and remedial actions https://www.businesstimes.com.sg/international/global/china-and-russia-veto-un-resolution-protecting-hormuz-shipping Tue, 07 Apr 2026 23:20:58 +0000 Global Companies & Markets International Transport & Logistics /international/global/china-and-russia-veto-un-resolution-protecting-hormuz-shipping Oil prices have surged since the US and Israel struck Iran at the end of February https://www.businesstimes.com.sg/singapore/economy-policy/singapore-rolls-out-s1-billion-support-package-energy-costs-rise-expands-corporate-tax-rebates-and Tue, 07 Apr 2026 05:58:04 +0000 Low Youjin Economy & Policy Singapore /singapore/economy-policy/singapore-rolls-out-s1-billion-support-package-energy-costs-rise-expands-corporate-tax-rebates-and Government will not cut fuel duties, describing such measures as too blunt and potentially regressive https://www.businesstimes.com.sg/property/frasers-property-mitsubishi-estate-jv-pips-cdl-s610-75-million-top-bid-kallang-plot Tue, 07 Apr 2026 09:56:40 +0000 Kalpana Rashiwala Property Residential /property/frasers-property-mitsubishi-estate-jv-pips-cdl-s610-75-million-top-bid-kallang-plot The highest bid of S$1,415 psf ppr is just 0.7% above CDL’s offer; site fetches four bids https://www.businesstimes.com.sg/international/global/relief-streets-us-iran-agree-2-week-truce Tue, 07 Apr 2026 22:55:31 +0000 Global International /international/global/relief-streets-us-iran-agree-2-week-truce [WASHINGTON/DUBAI/TEL AVIV/BEIRUT] The US and Iran agreed to a two-week ceasefire brokered by Pakistan, suspending a six-week-old war that has killed thousands,... https://www.businesstimes.com.sg/companies-markets/changes-regulatory-regime-new-bill-pave-way-sgx-nasdaq-dual-listings Tue, 07 Apr 2026 10:24:55 +0000 Jean Low Companies & Markets Capital Markets & Currencies /companies-markets/changes-regulatory-regime-new-bill-pave-way-sgx-nasdaq-dual-listings The amendments will underpin the workings of the new Global Listing Board to be set up by SGX and Nasdaq https://www.businesstimes.com.sg/companies-markets/imda-reviewing-resilience-regulations-wake-singtel-disruptions Tue, 07 Apr 2026 10:29:11 +0000 Young Zhan Heng Companies & Markets /companies-markets/imda-reviewing-resilience-regulations-wake-singtel-disruptions No evidence of cyberattacks but the authority does not rule out that three outage incidents at the telco were related in some... https://www.businesstimes.com.sg/property/fortune-reit-puts-stars-kovan-retail-podium-sale-s95-million-valuation Tue, 07 Apr 2026 09:25:00 +0000 Chong Xin Wei Property Commercial & Industrial /property/fortune-reit-puts-stars-kovan-retail-podium-sale-s95-million-valuation The portfolio comprises 36 strata retail units and a basement car park with 80 lots https://www.businesstimes.com.sg/singapore/iran-war-hurt-singapores-growth-and-drive-inflation-higher-forecasts-be-revised-gan Tue, 07 Apr 2026 05:52:39 +0000 Janice Heng Singapore /singapore/iran-war-hurt-singapores-growth-and-drive-inflation-higher-forecasts-be-revised-gan Beyond the energy and chemicals sector, higher costs will hurt wider manufacturing, transport and travel, as well as domestic services