Ben Paul

Ben Paul

SENIOR CORRESPONDENT

Ben Paul joined The Business Times in 2020, after nearly three decades of covering financial markets as an analyst and journalist. He writes and produces the BT’s Mark To Market column and podcast.

UOB surged 7.5 per cent last week, which made it the best performing constituent of the STI by a long way
MARK TO MARKET

Will UOB climb higher after its big rebound?

Softer rates are squeezing NIMs at the 3 Singapore banks, but also spurring excitement about the potential for valuations to rise and...

Property groups City Dev, Hongkong Land and UOL have been the three best performing constituents of the STI since the beginning of this year
HOCK LOCK SIEW

CDL may catch up with its soaring peers

The developer has been actively unlocking value, but is trading at a much steeper discount to RNAV than UOL

It does not seem to be the right moment for GIC or Temasek to pursue higher returns by embracing more risk.
MARK TO MARKET

Don’t meddle with GIC, Temasek’s mandates

But, more granular information about their performance could help foster trust among their stakeholders

MAS said last week that the use of a single set of offer documents will be facilitated by requiring that the Singapore prospectus contains information already needed for a listing in the US
MARK TO MARKET

SGX-Nasdaq bridge may be a model for more dual-listing arrangements with other jurisdictions

With the STI delivering strong returns, companies that choose to list in Singapore have to be prepared to compete for the attention...

Generic photos for stories related to SGX, SGX-Nasdaq dual-listing bridge as well as broadening investor participation and boosting trading activity.

10 stocks to watch in 2026: SingPost, UOB, ST Engineering and more

After the STI’s 22.9% romp in 2025, which way might Singapore equities head?

The STI is up 20.7 per cent so far this year, versus the S&P 500’s gain of 16.2 per cent
MARK TO MARKET

Singapore market reforms may lift sentiment in 2026 despite geopolitical, trade uncertainty

Investors should focus on companies with credible and clearly stated plans to drive shareholder value

Citing research from property consulting firms, Keppel Reit’s manager said average vacancy rates at Grade A office properties in the CBD fell to 5.1 per cent in Q3 2025, down from 6.6 per cent in Q3 2024
MARK TO MARKET

Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors

A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal...

The weak post-listing performance of UltraGreen.ai is perplexing considering that the STI is up 19.6 per cent this year
MARK TO MARKET

Can UltraGreen.ai shine in a market dominated by big, dividend-paying companies?

As the newly listed stock slides below its IPO price, DFI Retail Group is soaring on plans to boost its profitability and...

Low Keng Huat’s net asset value as at Jul 31 was S$0.79 per share, or 9.7 per cent above the offer price
HOCK LOCK SIEW

Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns

Its shares have delivered a higher total return over the past 15 years than the STI as well as property groups such...

Among the few listings on SGX that have done really well this year are Centurion Accommodation Reit, Lum Chang Creations, and MetaOptics
MARK TO MARKET

UltraGreen.ai right to move fast on Singapore listing instead of waiting for SGX-Nasdaq bridge

To drive its post-listing performance, the company should educate investors, lay out operational milestones and emphasise its competitive advantage