Paige Lim

Paige Lim

CORRESPONDENT

Paige Lim is a correspondent at The Business Times. She covers small and medium-sized enterprises (SMEs) and macroeconomics, with a focus on F&B and retail. She also contributes to the monthly Barfly column, which profiles home-grown craft cocktail bars. 

The official inflation forecast ranges for 2026 will be updated on Jan 29., when MAS delivers its monetary policy statement.

Economists expect no change to monetary policy in January, as December core inflation remains stable at 1.2%

Full-year core inflation for 2025 stands at 0.7%, down from 2.8% in 2024

When BT visited Taste Orchard on Thursday (Jan 22), the mall’s entrances were sealed off and marked with “no entry” signs.

High Court grants OG possession of Taste Orchard under consent order

Master tenant Hao Mart and its subtenants have already vacated the mall’s premises, BT understands

Pixgeneric / Generic photograph of dairy and milk products for sale at Giant Tampines Hypermarket on Aug 19, 2025. Can be used for stories on budget, inflation, food security, agriculture, farming, supermarket, local, demand and supply, food resilience, retail, Cold Storage Singapore, import, consumer, produce, product, price, business, and money.

Singapore’s 2025 core inflation averages 0.7%, down from 2.8% in 2024

December’s core and headline inflation stayed unchanged at 1.2%

A separate business outlook poll by OCBC revealed that nearly one in two business owners expect the outlook for the next six months to improve.

Singapore SMEs stay expansionary in Q4 2025, though growth likely to ease in near term: OCBC

Higher operating costs, stronger market competition in the region and ongoing economic uncertainty were cited as headwinds in 2026

L to R: Allan Choo, Head of Operations, Kwong Cheong Thye; Alvin Choo, Head of Business Development, Kwong Cheong Thye

New factory helps 133-year-old sauce maker Kwong Cheong Thye ramp up exports, sell more at home

The family-owned brand, now led by its fifth generation, is seeing rapidly growing overseas demand for its soya sauce

Apac is perceived as the next frontier for search fund growth, with observers citing its favourable demographics: baby-boomer business owners approaching retirement without successors.
BRUNCH

‘Search funds’ to buy SMEs spring up in the Asia-Pacific, but will they succeed?

Australia and Japan lead in successful acquisitions, while search funds are emerging elsewhere

Open Farm Community sits on a 5,000 square feet plot of land at Minden Road, bordering the Dempsey dining enclave.

Open Farm Community in Dempsey to close after 10 years

The home-grown urban farm and restaurant concept will hold its last day of service on Jan 11

Teck Soon Medical Hall's second-generation leader Chow Khai Shui (left) with his daughter, Chow Chew Li.

Teck Soon Medical Hall keeps traditional Chinese medicine relevant in the modern age

The 62-year-old family business eventually hopes to open a wellness experience centre offering massages and TCM treatments

PizzaExpress Singapore previously shut its Holland Village outlet in January 2024 after six years.

PizzaExpress Singapore shuts Millenia Walk and Scotts Square outlets; two operating stores remain

The British pizza restaurant chain opened its first outlet in the Republic in 2016

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Singapore retail sales up 6.3% in November

Most retail sectors record year-on-year growth in sales