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/uol-h1-net-profit-rises-23-s252-2-million-joint-venture-profits Wed, 12 Aug 2026 09:56:08 +0000 Chloe Lim Companies & Markets Property /companies-markets/uol-h1-net-profit-rises-23-s252-2-million-joint-venture-profits Revenue falls 7% year on year to S$1.4 billion from S$1.5 billion https://www.businesstimes.com.sg/property/two-thirds-sentosa-cove-resales-red-average-loss-topping-s1-million-2023 Tue, 11 Aug 2026 23:00:00 +0000 Jeanne Mah Property New Articles /property/two-thirds-sentosa-cove-resales-red-average-loss-topping-s1-million-2023 Analysts point to small niche buyer pool in soft market weakened by cooling measures targeted at foreigners https://www.businesstimes.com.sghttps://graphics.businesstimes.com.sg/specials/whos-who-singapore-property-part-2/index.html Wed, 12 Aug 2026 01:30:00 +0000 Michelle Low Kimberly Wee Kalpana Rashiwala Chong Xin Wei Ry-Anne Lim Property Wealth https://graphics.businesstimes.com.sg/specials/whos-who-singapore-property-part-2/index.html How did the families behind Ho Bee, Wee Hur, Soilbuild and Boustead make their mark, and move their business into a second... https://www.businesstimes.com.sg/singapore/new-orchard-road-park-treble-istana-parks-size-serve-commercial-and-leisure-space Wed, 12 Aug 2026 05:41:11 +0000 Koh Kim Xuan Singapore /singapore/new-orchard-road-park-treble-istana-parks-size-serve-commercial-and-leisure-space A 500-metre stretch of Orchard Road may be expunged and pedestrianised to run through the redeveloped park https://www.businesstimes.com.sg/international/asean/malaysias-tabung-haji-reckoning-billions-lost-rescue-and-what-comes-next Wed, 12 Aug 2026 08:03:29 +0000 Asean International /international/asean/malaysias-tabung-haji-reckoning-billions-lost-rescue-and-what-comes-next The details of the governance lapses have fuelled calls for those responsible to be held accountable https://www.businesstimes.com.sg/international/global/ship-pays-near-record-us4-million-skip-panama-canal-queue-hormuz-blockage-fuels-congestion Wed, 12 Aug 2026 00:19:41 +0000 Global Companies & Markets International Transport & Logistics /international/global/ship-pays-near-record-us4-million-skip-panama-canal-queue-hormuz-blockage-fuels-congestion Vessel owners are auctioning for passage via the waterway, with traffic curtailed in the Persian Gulf https://www.businesstimes.com.sg/companies-markets/transport-logistics/cdg-takes-full-control-ev-charging-unit-after-buying-out-partner-engie Wed, 12 Aug 2026 08:37:01 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/cdg-takes-full-control-ev-charging-unit-after-buying-out-partner-engie It rebrands former joint venture to CDG Energy after acquiring the remaining 49% it did not own https://www.businesstimes.com.sg/property/jtc-eyes-unified-zoning-one-north-parcels-launchpad-revamp Wed, 12 Aug 2026 04:23:45 +0000 Ry-Anne Lim Property /property/jtc-eyes-unified-zoning-one-north-parcels-launchpad-revamp The proposed amendments will place the parcels under a single business park zoning https://www.businesstimes.com.sg/singapore/singapore-life-insurers-post-21-4-growth-h1-premiums-disbursements-rise Wed, 12 Aug 2026 03:48:56 +0000 Shikhar Gupta Singapore /singapore/singapore-life-insurers-post-21-4-growth-h1-premiums-disbursements-rise Consumers allocate capital mainly towards policies designed for long-term savings and market-linked returns https://www.businesstimes.com.sg/companies-markets/cict-h1-dpu-7-1-s0-0602-bolstered-capitaspring-and-gallileo-tower-germany Wed, 12 Aug 2026 00:10:16 +0000 Chong Xin Wei Shikhar Gupta Companies & Markets Reits & Property /companies-markets/cict-h1-dpu-7-1-s0-0602-bolstered-capitaspring-and-gallileo-tower-germany NPI rises 8.7% to S$630.5 million; contributions from Paragon seen as among income drivers for rest of year https://www.businesstimes.com.sg/companies-markets/moneymax-h1-net-profit-jumps-77-3-s52-5-million-strong-core-business-growth Wed, 12 Aug 2026 02:14:42 +0000 Shikhar Gupta Companies & Markets /companies-markets/moneymax-h1-net-profit-jumps-77-3-s52-5-million-strong-core-business-growth The board of directors declared an interim tax-exempt dividend of S$0.0025 a share https://www.businesstimes.com.sg/companies-markets/stocks-watch-cict-frasers-property-cli-yzj-maritime-singapore-land-ambiq-micro-digital-core-reit Wed, 12 Aug 2026 00:41:55 +0000 Chloe Lim Companies & Markets Capital Markets & Currencies /companies-markets/stocks-watch-cict-frasers-property-cli-yzj-maritime-singapore-land-ambiq-micro-digital-core-reit [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 12): https://www.businesstimes.com.sg/singapore/ai-boom-prompts-economists-lift-2026-growth-forecasts-beyond-mtis-upgraded-4-5-5-5-range Tue, 11 Aug 2026 09:35:51 +0000 Tessa Oh Singapore Economy & Policy /singapore/ai-boom-prompts-economists-lift-2026-growth-forecasts-beyond-mtis-upgraded-4-5-5-5-range Regional economies have also bumped up their growth expectations amid the stronger-than-expected surge https://www.businesstimes.com.sg/companies-markets/banking-veteran-hsieh-fu-hua-appointed-deputy-chairman-and-director-capitaland-investment Tue, 11 Aug 2026 10:27:27 +0000 Tessa Oh Companies & Markets Banking & Finance /companies-markets/banking-veteran-hsieh-fu-hua-appointed-deputy-chairman-and-director-capitaland-investment He previously held leadership roles in SGX, Temasek and UOB https://www.businesstimes.com.sg/wealth/wealth-investing/fund-uses-ai-pick-stocks-and-avoids-concentration-risk Tue, 11 Aug 2026 11:00:09 +0000 Genevieve Cua Wealth & Investing New Articles Wealth /wealth/wealth-investing/fund-uses-ai-pick-stocks-and-avoids-concentration-risk It evaluates more than 150 indicators across technical analysis, company fundamentals and academic research https://www.businesstimes.com.sg/international/global/new-attacks-shipping-us-iran-talks-hit-fresh-impasse Tue, 11 Aug 2026 23:09:03 +0000 Global International /international/global/new-attacks-shipping-us-iran-talks-hit-fresh-impasse Hormuz will remain closed unless US accepts Iran’s conditions, says Iran’s top security official https://www.businesstimes.com.sg/companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs Tue, 11 Aug 2026 12:02:18 +0000 Benjamin Cher Companies & Markets Telcos, Media & Tech /companies-markets/sea-q2-earnings-10-6-us458-1-million-shopee-hits-new-highs Earnings per share stand at US$0.72, compared with US$0.68 a year earlier https://www.businesstimes.com.sg/companies-markets/singapore-land-posts-90-higher-h1-net-profit-s211-7-million Tue, 11 Aug 2026 12:02:53 +0000 Chloe Lim Companies & Markets Property /companies-markets/singapore-land-posts-90-higher-h1-net-profit-s211-7-million Revenue is up 2% year on year at S$376.8 million https://www.businesstimes.com.sg/singapore/frasers-property-put-hospitality-portfolio-revamp-shareholder-vote-aug-28 Tue, 11 Aug 2026 11:27:56 +0000 Tessa Oh Singapore Companies & Markets /singapore/frasers-property-put-hospitality-portfolio-revamp-shareholder-vote-aug-28 Unrecognised residential revenue stand at about S$1 billion as at end-June https://www.businesstimes.com.sg/companies-markets/yangzijiang-maritime-posts-29-drop-h1-net-profit-us44-9-million Tue, 11 Aug 2026 11:56:21 +0000 Chloe Lim Companies & Markets /companies-markets/yangzijiang-maritime-posts-29-drop-h1-net-profit-us44-9-million Earnings per share drop to US$0.0129, from US$0.0183 in the previous corresponding period https://www.businesstimes.com.sg/property/soilbuilds-lim-chap-huat-sues-brookfield-claims-it-reneged-joint-venture-wsj Tue, 11 Aug 2026 05:29:25 +0000 Chong Xin Wei Property /property/soilbuilds-lim-chap-huat-sues-brookfield-claims-it-reneged-joint-venture-wsj Dispute relates to asset manager’s 2025 acquisition of three Singapore properties from Mapletree Industrial Trust https://www.businesstimes.com.sg/property/shopping-belt-business-address-orchard-roads-corporate-appeal-growing Mon, 10 Aug 2026 23:00:00 +0000 Ry-Anne Lim Property /property/shopping-belt-business-address-orchard-roads-corporate-appeal-growing But market watchers say the moves are isolated and not a structural migration https://www.businesstimes.com.sg/international/asean/who-destry-damayanti-first-woman-set-lead-indonesias-central-bank Tue, 11 Aug 2026 08:07:21 +0000 Elisa Valenta Asean International /international/asean/who-destry-damayanti-first-woman-set-lead-indonesias-central-bank The veteran economist’s global standing and experience could signal policy continuity, say economists https://www.businesstimes.com.sg/opinion-features/en-bloc-changes-more-redevelopment-ageing-condos-reuse-old-buildings-yield-benefits Mon, 10 Aug 2026 23:00:00 +0000 Leslie Yee Opinion & Features Columns Property Residential /opinion-features/en-bloc-changes-more-redevelopment-ageing-condos-reuse-old-buildings-yield-benefits As private non-landed homes age, a vibrant collective sales market helps optimise land use https://www.businesstimes.com.sg/companies-markets/beijings-offshore-trust-tax-changes-could-affect-wealth-hubs-including-singapore Tue, 11 Aug 2026 03:08:20 +0000 Jean Low Companies & Markets /companies-markets/beijings-offshore-trust-tax-changes-could-affect-wealth-hubs-including-singapore The city-state’s lawyers, financial advisers and banks say impact is hard to evaluate, still in ‘early stages’ https://www.businesstimes.com.sg/companies-markets/banking-finance/ocbc-opens-app-platinum-palladium-trading-retail-investors Tue, 11 Aug 2026 04:37:40 +0000 Shikhar Gupta Banking & Finance Companies & Markets /companies-markets/banking-finance/ocbc-opens-app-platinum-palladium-trading-retail-investors They can now purchase these metals starting from a minimum of 0.01 ounce https://www.businesstimes.com.sg/companies-markets/yangzijiang-shipbuilding-continues-earnings-rally-shares-gain-11 Tue, 11 Aug 2026 03:26:07 +0000 Shikhar Gupta Companies & Markets /companies-markets/yangzijiang-shipbuilding-continues-earnings-rally-shares-gain-11 The counter finishes S$0.46 higher at S$4.66, with a turnover of 77 million shares worth S$350.6 million https://www.businesstimes.com.sg/property/city-plaza-site-sale-s970-million-may-be-rezoned-residential-use Mon, 10 Aug 2026 06:49:15 +0000 Chong Xin Wei Property Commercial & Industrial /property/city-plaza-site-sale-s970-million-may-be-rezoned-residential-use No ABSD is payable on the acquisition of the property based on its current commercial zoning https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-uob-kay-hian-st-engineering-netlink-nbn-ho-bee-land-fn-concord-new-energy Tue, 11 Aug 2026 00:35:35 +0000 Shikhar Gupta Capital Markets & Currencies Companies & Markets /companies-markets/capital-markets-currencies/stocks-watch-uob-kay-hian-st-engineering-netlink-nbn-ho-bee-land-fn-concord-new-energy [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 11): https://www.businesstimes.com.sg/startups-tech/technology/metaoptics-shares-end-10-4-lower-after-it-defers-us-dual-listing-plans Tue, 11 Aug 2026 01:39:53 +0000 Shikhar Gupta Technology Startups & Tech /startups-tech/technology/metaoptics-shares-end-10-4-lower-after-it-defers-us-dual-listing-plans Executive chairman Thng Chong Kim says listing on Nasdaq is still part of the company’s strategic plan https://www.businesstimes.com.sg/singapore/firm-loses-wrongful-dismissal-case-despite-following-termination-clause Mon, 10 Aug 2026 09:53:52 +0000 Low Youjin Singapore Economy & Policy /singapore/firm-loses-wrongful-dismissal-case-despite-following-termination-clause It has been ordered to pay a former manager over S$11,400, with permission to appeal on a question of law https://www.businesstimes.com.sg/opinion-features/dbs-ocbc-surge-strong-h1-results-dont-overlook-potential-underdog-uob Sun, 09 Aug 2026 11:41:49 +0000 Ben Paul Opinion & Features Companies & Markets Wealth Wealth & Investing /opinion-features/dbs-ocbc-surge-strong-h1-results-dont-overlook-potential-underdog-uob Dividend yields have compressed but they are still attractive https://www.businesstimes.com.sg/international/asean/singapore-listed-qian-hu-sets-timor-leste-subsidiary-tap-aquaculture-potential Mon, 10 Aug 2026 23:00:00 +0000 Goh Ruoxue Asean International /international/asean/singapore-listed-qian-hu-sets-timor-leste-subsidiary-tap-aquaculture-potential It will invest US$1 million in operational base; US$2 million in seaside hatchery https://www.businesstimes.com.sghttps://graphics.businesstimes.com.sg/specials/whos-who-singapore-property-part-1/index.html Wed, 05 Aug 2026 01:00:00 +0000 Michelle Low Kimberly Wee Kalpana Rashiwala Chong Xin Wei Jessie Lim Ry-Anne Lim Property Wealth https://graphics.businesstimes.com.sg/specials/whos-who-singapore-property-part-1/index.html How did Singapore’s largest family-owned real estate groups build their businesses and pass the baton? Who’s who among the names to watch? https://www.businesstimes.com.sg/singapore/singapore-celebrates-61st-birthday-pomp-and-pizzazz-national-stadium Sun, 09 Aug 2026 12:48:53 +0000 Tan Nai Lun Singapore Economy & Policy /singapore/singapore-celebrates-61st-birthday-pomp-and-pizzazz-national-stadium 42,000 spectators were treated to a night of spectacular performances in stunning laser lights and special effects https://www.businesstimes.com.sg/companies-markets/zoom-looks-beyond-video-calls-singapore-workers-return-office Sun, 09 Aug 2026 04:00:00 +0000 Young Zhan Heng Companies & Markets /companies-markets/zoom-looks-beyond-video-calls-singapore-workers-return-office Video meetings now sit within a broader portfolio that includes phone calls, face-to-face meetings and even hybrid meetings, says Carlos Quaderi https://www.businesstimes.com.sg/esg/retreat-sustainable-investing-myth-says-al-gore Mon, 10 Aug 2026 02:00:00 +0000 Janice Lim ESG /esg/retreat-sustainable-investing-myth-says-al-gore Investment trends are, in fact, accelerating in the opposite direction https://www.businesstimes.com.sg/international/asean/malaysia-shifts-ev-push-consumers-factories Fri, 07 Aug 2026 05:00:00 +0000 Tan Ai Leng Asean International /international/asean/malaysia-shifts-ev-push-consumers-factories New import rules aim to spur local EV investment, but affordability and consumer choice remain key concerns https://www.businesstimes.com.sg/international/global/iran-says-oman-deal-final-stages-us-must-act-open-hormuz Sun, 09 Aug 2026 22:00:59 +0000 Global International /international/global/iran-says-oman-deal-final-stages-us-must-act-open-hormuz Iran’s response suggest other factors would come into play as to whether an agreement takes place https://www.businesstimes.com.sg/lifestyle/can-robots-save-ageing-japan Sun, 09 Aug 2026 06:53:32 +0000 Lifestyle /lifestyle/can-robots-save-ageing-japan Various technological solutions have been deployed to harvest and transport cherry blossoms in a northern region where many farmers are in their... https://www.businesstimes.com.sg/companies-markets/when-good-ipos-go-bad-why-listings-stumble-and-how-evaluate-them Sat, 08 Aug 2026 00:00:00 +0000 Shikhar Gupta Companies & Markets /companies-markets/when-good-ipos-go-bad-why-listings-stumble-and-how-evaluate-them Many recent IPOs face a structural disadvantage because they are relatively small companies https://www.businesstimes.com.sg/singapore/court-young-hakka-clan-association-singapore-offering-overseas-internships Sat, 08 Aug 2026 02:00:00 +0000 Lionel Lim Singapore /singapore/court-young-hakka-clan-association-singapore-offering-overseas-internships Char Yong (Dabu) Hakka clan association is not the only clan that is trying to mix tradition with modern support https://www.businesstimes.com.sg/wealth/wealth-investing/how-finance-proof-singapore-dream Fri, 07 Aug 2026 07:00:00 +0000 Wealth & Investing New Articles Wealth /wealth/wealth-investing/how-finance-proof-singapore-dream It has evolved and is about creating enough security so every generation has the confidence to dream even bigger https://www.businesstimes.com.sg/companies-markets/5-takeaways-singapore-banks-q2-results-diverging-outlooks-china-tax-rules-emerge-new-watchpoint Sat, 08 Aug 2026 00:00:00 +0000 Renald Yeo Companies & Markets Banking & Finance /companies-markets/5-takeaways-singapore-banks-q2-results-diverging-outlooks-china-tax-rules-emerge-new-watchpoint DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees