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/sgx-roll-out-post-trade-custody-model-changes-bid-mechanics-july-cut-board-lots-october Wed, 01 Jul 2026 12:32:55 +0000 Elysia Tan Companies & Markets /companies-markets/sgx-roll-out-post-trade-custody-model-changes-bid-mechanics-july-cut-board-lots-october Investors will be able to buy single units of instruments priced above S$100 when the change kicks in https://www.businesstimes.com.sg/property/weaker-jobs-outlook-dims-hdb-resale-market-prices-volume-slip-further-q2 Wed, 01 Jul 2026 05:59:33 +0000 Chong Xin Wei Property Residential /property/weaker-jobs-outlook-dims-hdb-resale-market-prices-volume-slip-further-q2 Price declines spread across more HDB towns, although million-dollar resale flat deals continue to climb https://www.businesstimes.com.sg/opinion-features/columns/billion-dollar-question-singapore-airlines-shareholders-should-ask-its-agm Wed, 01 Jul 2026 02:42:38 +0000 Tay Peck Gek Columns Opinion & Features /opinion-features/columns/billion-dollar-question-singapore-airlines-shareholders-should-ask-its-agm More clarity on the board’s approach to the investment in Air India would be welcome https://www.businesstimes.com.sg/esg/airlines-carbon-offsetting-scheme-least-us1-6-billion-opportunity-asean-report Wed, 01 Jul 2026 14:30:53 +0000 Janice Lim ESG /esg/airlines-carbon-offsetting-scheme-least-us1-6-billion-opportunity-asean-report The opportunity set could go up to US$8.5 billion https://www.businesstimes.com.sg/international/asean/uob-breaks-ground-us450-million-tower-vietnams-international-financial-centre Wed, 01 Jul 2026 08:10:15 +0000 Jamille Tran Asean International /international/asean/uob-breaks-ground-us450-million-tower-vietnams-international-financial-centre It is the only Singapore bank with a wholly owned subsidiary in the country https://www.businesstimes.com.sg/international/global/china-south-korea-singapore-lead-apac-global-ev-ranking Wed, 01 Jul 2026 07:58:34 +0000 Derryn Wong Global Companies & Markets International Transport & Logistics /international/global/china-south-korea-singapore-lead-apac-global-ev-ranking European nations make up most of the top 10 on the 25-country index https://www.businesstimes.com.sg/singapore/singapore-high-court-dismisses-standard-chartereds-appeal-strike-out-us2-7-billion-1mdb-linked Wed, 01 Jul 2026 09:40:16 +0000 Tessa Oh Singapore /singapore/singapore-high-court-dismisses-standard-chartereds-appeal-strike-out-us2-7-billion-1mdb-linked This paves the way for the case to go to trial https://www.businesstimes.com.sg/companies-markets/ocbc-rolls-out-ai-native-banking-hire-600-relationship-managers-wealth-push Wed, 01 Jul 2026 04:08:14 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/ocbc-rolls-out-ai-native-banking-hire-600-relationship-managers-wealth-push Its new app uses AI-powered digital avatars to deliver personalised wealth insights to affluent clients https://www.businesstimes.com.sg/singapore/nvidia-chips-case-4-firms-charged-over-false-representation-accusations-s56-million-assets-seized Wed, 01 Jul 2026 06:49:56 +0000 Singapore Startups & Tech Technology /singapore/nvidia-chips-case-4-firms-charged-over-false-representation-accusations-s56-million-assets-seized Three individuals reportedly linked to the case were charged with offences including fraud and money laundering https://www.businesstimes.com.sg/companies-markets/energy-chokepoint-ais-next-growth-phase-says-dbs-cio Wed, 01 Jul 2026 00:00:00 +0000 Jean Low Companies & Markets New Articles /companies-markets/energy-chokepoint-ais-next-growth-phase-says-dbs-cio The bank recommends investors to add energy infrastructure alongside technology as artificial intelligence power demand surges https://www.businesstimes.com.sg/singapore/pm-wong-visit-timor-leste-first-singapore-prime-minister Wed, 01 Jul 2026 07:00:00 +0000 Goh Ruoxue Singapore Asean International /singapore/pm-wong-visit-timor-leste-first-singapore-prime-minister He will receive country’s highest honour from its president https://www.businesstimes.com.sg/property/private-home-prices-inch-0-5-while-hdb-resale-prices-slip-further-0-3-q2-flash-data Wed, 01 Jul 2026 01:02:07 +0000 Ry-Anne Lim Property /property/private-home-prices-inch-0-5-while-hdb-resale-prices-slip-further-0-3-q2-flash-data Landed homes and Core Central Region lead index with about 2% jump in prime market, as prices fall across other regions https://www.businesstimes.com.sg/singapore/economy-policy/singapore-seeks-feedback-bill-regulate-major-data-centres-cloud-service-providers Wed, 01 Jul 2026 03:44:50 +0000 Low Youjin Economy & Policy Singapore /singapore/economy-policy/singapore-seeks-feedback-bill-regulate-major-data-centres-cloud-service-providers The draft Bill proposes new resilience, security and energy-efficiency requirements for major operators https://www.businesstimes.com.sg/opinion-features/strong-year-insurance-par-funds-bonuses-stay-same-most Tue, 30 Jun 2026 23:00:00 +0000 Genevieve Cua Opinion & Features New Articles Wealth Wealth & Investing /opinion-features/strong-year-insurance-par-funds-bonuses-stay-same-most Of eight par funds with 2025 updates, four made double-digit gains. But their longer-term track record is key https://www.businesstimes.com.sg/international/global/microsoft-reportedly-cut-under-2-5-workforce-latest-layoffs Tue, 30 Jun 2026 23:51:28 +0000 Global Companies & Markets International Startups & Tech Technology /international/global/microsoft-reportedly-cut-under-2-5-workforce-latest-layoffs Roles affected include those across sales and consulting, as well as jobs at the Xbox gaming division https://www.businesstimes.com.sg/companies-markets/frasers-centrepoint-trust-sell-white-sands-mall-s467-million Tue, 30 Jun 2026 16:33:49 +0000 Elysia Tan Companies & Markets Reits & Property /companies-markets/frasers-centrepoint-trust-sell-white-sands-mall-s467-million It is being sold to entity linked to Han Chee Juan’s Jack Investment, which owns Leisure Park Kallang https://www.businesstimes.com.sg/international/asean/early-payout-philippines-maharlika-investment-fund-raises-eyebrows-over-its-true-nature Tue, 30 Jun 2026 06:33:34 +0000 Asean International /international/asean/early-payout-philippines-maharlika-investment-fund-raises-eyebrows-over-its-true-nature High dividend payment by 3-year-old sovereign fund poses questions as to whether it is a stopgap source of fiscal support https://www.businesstimes.com.sg/companies-markets/us-dollar-depreciation-leaves-apac-slowest-wealth-growth-2025-ubs Tue, 30 Jun 2026 11:25:33 +0000 Tan Nai Lun Companies & Markets Banking & Finance /companies-markets/us-dollar-depreciation-leaves-apac-slowest-wealth-growth-2025-ubs Currency effects have dragged the region’s share of global wealth, though it remains a long-term growth driver https://www.businesstimes.com.sg/companies-markets/jumbo-group-unit-jv-bring-chinese-quick-service-restaurant-lausanjee-singapore Tue, 30 Jun 2026 13:16:11 +0000 Elysia Tan Companies & Markets /companies-markets/jumbo-group-unit-jv-bring-chinese-quick-service-restaurant-lausanjee-singapore The subsidiary will have a 49% shareholding interest in the joint venture company https://www.businesstimes.com.sg/property/three-holland-village-shophouses-sold-s70-million-tat-lee-banks-goh-family-unit Tue, 30 Jun 2026 11:30:36 +0000 Kalpana Rashiwala Property Commercial & Industrial /property/three-holland-village-shophouses-sold-s70-million-tat-lee-banks-goh-family-unit The two-storey shophouses are fully let; tenants include Pet Lovers Centre, a spa, bakery and F&B outlets https://www.businesstimes.com.sg/property/singapore-office-rents-climb-higher-q2-limited-cbd-supply-keeps-market-tight Tue, 30 Jun 2026 11:56:10 +0000 Chong Xin Wei Property Commercial & Industrial /property/singapore-office-rents-climb-higher-q2-limited-cbd-supply-keeps-market-tight Rents at CBD Grade A buildings have risen for six straight quarters https://www.businesstimes.com.sg/companies-markets/parkway-life-reit-sells-japan-nursing-home-us7-2-million Tue, 30 Jun 2026 10:32:09 +0000 Elysia Tan Companies & Markets Reits & Property /companies-markets/parkway-life-reit-sells-japan-nursing-home-us7-2-million Amount is about 38% higher than what it paid 18 years ago, and 5% above the latest valuation https://www.businesstimes.com.sg/singapore/electricity-tariff-singapore-households-rise-17-gas-tariff-7-1-july-september Tue, 30 Jun 2026 04:22:51 +0000 Singapore Economy & Policy /singapore/electricity-tariff-singapore-households-rise-17-gas-tariff-7-1-july-september The overall electricity tariff, including for non-households, will rise by an average of 17.5% or 4.66 cents per kilowatt-hour https://www.businesstimes.com.sg/singapore/mas-imposes-s120000-penalty-doctor-insider-trading-singapore-medical-group-shares Tue, 30 Jun 2026 04:23:29 +0000 Shikhar Gupta Singapore /singapore/mas-imposes-s120000-penalty-doctor-insider-trading-singapore-medical-group-shares Dr Kenneth Chua had bought 210,000 shares in 2022 for a total of S$67,200 https://www.businesstimes.com.sg/property/executive-condo-site-admiralty-launched-sale Tue, 30 Jun 2026 04:26:17 +0000 Ry-Anne Lim Property /property/executive-condo-site-admiralty-launched-sale Analysts expect cautious bidding given its weaker location appeal and a strong supply pipeline in the north https://www.businesstimes.com.sg/companies-markets/st-engineering-unit-wins-us87-1-million-uk-defence-contract Tue, 30 Jun 2026 05:39:55 +0000 Shikhar Gupta Companies & Markets /companies-markets/st-engineering-unit-wins-us87-1-million-uk-defence-contract It will provide nine variants of 40 mm high-velocity and low-velocity grenades https://www.businesstimes.com.sg/international/airtrunk-said-be-near-confidential-filing-biggest-singapore-ipo-years Mon, 29 Jun 2026 11:56:29 +0000 International /international/airtrunk-said-be-near-confidential-filing-biggest-singapore-ipo-years Company may submit a draft registration to the Monetary Authority of Singapore and local stock exchange as soon as this week https://www.businesstimes.com.sg/startups-tech/technology/ai-its-not-about-coding-better-workers-need-think-better-koh-boon-hwee Mon, 29 Jun 2026 07:45:00 +0000 Lee Su Shyan Technology Startups & Tech /startups-tech/technology/ai-its-not-about-coding-better-workers-need-think-better-koh-boon-hwee The tech and investment veteran says humans must bring soft skills to the table and let AI handle the facts https://www.businesstimes.com.sg/international/global/yen-hits-40-year-low-historic-slide-s-rattled-japan Mon, 29 Jun 2026 23:25:21 +0000 Global Capital Markets & Currencies Companies & Markets International /international/global/yen-hits-40-year-low-historic-slide-s-rattled-japan The currency weakness is boosting the profits of exporters, and in turn helping the nation’s stock market to record highs https://www.businesstimes.com.sg/international/asean/thai-tech-startup-amity-use-singapore-hub-its-global-expansion-ambitions Mon, 29 Jun 2026 12:01:38 +0000 Lionel Lim Asean International /international/asean/thai-tech-startup-amity-use-singapore-hub-its-global-expansion-ambitions The city-state will be the group’s regional headquarters and house its AI research centre https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-inks-joint-venture-pact-air-china-enhance-route-coordination-revenue-sharing Mon, 29 Jun 2026 08:47:19 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-inks-joint-venture-pact-air-china-enhance-route-coordination-revenue-sharing The carriers will also ‘deepen cooperation’ between their KrisFlyer and PhoenixMiles frequent flyer programmes https://www.businesstimes.com.sg/international/asean/chinas-neolix-receives-approval-test-autonomous-vehicles-malaysia Tue, 30 Jun 2026 03:54:33 +0000 Derryn Wong Asean Companies & Markets International Transport & Logistics /international/asean/chinas-neolix-receives-approval-test-autonomous-vehicles-malaysia The company will conduct trials with partners Tiong Nam Logistics, Asia Mobiliti and MindHub in Cyberjaya https://www.businesstimes.com.sg/property/freehold-balestier-centre-collective-sale-s180-million Mon, 29 Jun 2026 06:49:46 +0000 Shikhar Gupta Property /property/freehold-balestier-centre-collective-sale-s180-million Asking price translates to land rate of S$1,495 per square foot per plot ratio for the mixed-use site, with sizeable unused development... https://www.businesstimes.com.sg/companies-markets/three-four-s-reits-surveyed-are-preparing-sustainability-assurance-readiness-pwc-singapore Mon, 29 Jun 2026 09:05:26 +0000 Chloe Lim Companies & Markets Reits & Property /companies-markets/three-four-s-reits-surveyed-are-preparing-sustainability-assurance-readiness-pwc-singapore This signals how the need to strengthen data quality, processes and controls is increasingly recognised in the sector https://www.businesstimes.com.sg/international/global/middle-east-producers-push-oil-and-lng-loadings-despite-ship-attacks Mon, 29 Jun 2026 12:10:22 +0000 Global Companies & Markets International Transport & Logistics /international/global/middle-east-producers-push-oil-and-lng-loadings-despite-ship-attacks Shipping activity remains far off pre-conflict levels of 125 daily sailings https://www.businesstimes.com.sg/companies-markets/hsbc-deepens-asia-startup-push-three-years-after-silicon-valley-bank-deal Mon, 29 Jun 2026 09:00:00 +0000 Benjamin Cher Companies & Markets /companies-markets/hsbc-deepens-asia-startup-push-three-years-after-silicon-valley-bank-deal Its Innovation Banking unit has styled itself as a one-stop shop for businesses just starting up or expanding https://www.businesstimes.com.sg/international/global/china-india-see-top-firms-lose-market-cap-share-ai-lag Mon, 29 Jun 2026 00:08:29 +0000 Global Capital Markets & Currencies Companies & Markets International Startups & Tech Technology /international/global/china-india-see-top-firms-lose-market-cap-share-ai-lag These markets’ benchmarks have largely underperformed, especially compared to Taiwan and South Korea https://www.businesstimes.com.sg/companies-markets/transport-logistics/former-dyson-global-ceo-roland-krueger-road-ahead-car-industry Mon, 29 Jun 2026 05:16:55 +0000 Claressa Monteiro Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/former-dyson-global-ceo-roland-krueger-road-ahead-car-industry He expects car sharing and subscriptions to become more common in places where owning a car is costly https://www.businesstimes.com.sg/singapore/smes/killiney-group-steps-food-manufacturing-retail-eyes-first-japan-outlet-tokyo Sun, 28 Jun 2026 23:00:00 +0000 Paige Lim SMEs Asean International Singapore /singapore/smes/killiney-group-steps-food-manufacturing-retail-eyes-first-japan-outlet-tokyo The heritage kopitiam operator also aims to secure the UAE as a new export destination by 2027 https://www.businesstimes.com.sg/startups-tech/startups/drone-startup-beex-raises-us7-7-million-series-round-monks-hill-ventures-seeds-capital Mon, 29 Jun 2026 04:00:00 +0000 Benjamin Cher Startups Startups & Tech /startups-tech/startups/drone-startup-beex-raises-us7-7-million-series-round-monks-hill-ventures-seeds-capital It will be used to expand BeeX’s fleet of autonomous underwater drones and its operational reach https://www.businesstimes.com.sg/property/golden-mile-tower-cinema-space-put-sale-s31-million-guide-price Mon, 29 Jun 2026 02:31:24 +0000 Deon Loke Property New Articles /property/golden-mile-tower-cinema-space-put-sale-s31-million-guide-price This translates to roughly S$295 per square foot https://www.businesstimes.com.sg/opinion-features/if-ceo-succession-so-well-researched-why-do-so-many-boards-still-get-it-wrong Sun, 28 Jun 2026 23:00:00 +0000 Opinion & Features Columns /opinion-features/if-ceo-succession-so-well-researched-why-do-so-many-boards-still-get-it-wrong Directors should rethink the questions they are asking https://www.businesstimes.com.sg/wealth/wealth-investing/beyond-assembly-line-can-malaysia-climb-semiconductor-value-chain Sun, 28 Jun 2026 23:00:00 +0000 Wealth & Investing Wealth /wealth/wealth-investing/beyond-assembly-line-can-malaysia-climb-semiconductor-value-chain The conditions to produce the next generation of local semiconductor companies appear better today than ever https://www.businesstimes.com.sg/international/asean/homes-living-not-holding-vietnams-bold-property-pivot Sun, 28 Jun 2026 23:00:00 +0000 Jamille Tran Asean International /international/asean/homes-living-not-holding-vietnams-bold-property-pivot As real estate prices rise, Hanoi is turning the rental market into a crucial pillar of its policy https://www.businesstimes.com.sg/singapore/young-singaporeans-devote-two-fifths-income-family-delaying-financial-readiness-manulife-survey Mon, 29 Jun 2026 01:53:28 +0000 Shikhar Gupta Singapore Personal Finance Wealth /singapore/young-singaporeans-devote-two-fifths-income-family-delaying-financial-readiness-manulife-survey At least 75% of respondents under 35 feel family responsibilities hinder their long-term financial readiness https://www.businesstimes.com.sg/companies-markets/individual-who-made-us127-6-million-claim-keppel-units-jakarta-land-further-appeals-court-decision Mon, 29 Jun 2026 00:15:16 +0000 Deon Loke Companies & Markets New Articles /companies-markets/individual-who-made-us127-6-million-claim-keppel-units-jakarta-land-further-appeals-court-decision This latest move follows two consecutive legal victories for Keppel earlier this year https://www.businesstimes.com.sg/property/royal-group-plans-long-stay-serviced-apartment-project-claymore-road Sun, 28 Jun 2026 07:38:18 +0000 Kalpana Rashiwala Property Commercial & Industrial Residential /property/royal-group-plans-long-stay-serviced-apartment-project-claymore-road The development, costing about S$185 million to S$190 million, will yield about 100 apartments https://www.businesstimes.com.sg/companies-markets/sonic-aerospace-hunts-asean-acquisitions-makes-tech-foray-it-charts-next-phase-growth Sun, 28 Jun 2026 04:00:00 +0000 Goh Ruoxue Companies & Markets Singapore /companies-markets/sonic-aerospace-hunts-asean-acquisitions-makes-tech-foray-it-charts-next-phase-growth The logistics and aviation group is on an ‘aggressive’ share buyback spree https://www.businesstimes.com.sg/singapore/new-online-safety-commission-opens-its-doors-help-victims-tackle-harmful-content Sun, 28 Jun 2026 10:40:59 +0000 Singapore /singapore/new-online-safety-commission-opens-its-doors-help-victims-tackle-harmful-content It will have legal authority to force platforms and group administrators to remove harmful content quickly https://www.businesstimes.com.sg/singapore/pritam-singh-re-elected-cementing-his-position-wp-party-chief Sun, 28 Jun 2026 14:27:42 +0000 Singapore /singapore/pritam-singh-re-elected-cementing-his-position-wp-party-chief A group of unhappy cadres had earlier failed to force his resignation