The Business Times
Therese Soh

Therese Soh

JOURNALIST

emailtherese@sph.com.sg
The occupancy cap was first relaxed in January 2024 to allow four-room and larger HDB flats and private residential properties of at least 90 square metres (sq m) to house a maximum of eight unrelated people, from the previous cap of six.

Higher occupancy cap for HDB, private home rentals extended until end-2028 to meet strong demand

The need for further extensions beyond 2028 will be reviewed by the relevant authorities

Changi Airport's seat volume of 42.6 million aligns with 2019 levels pre-pandemic, the global travel data platform says.

Changi Airport ranks as 4th busiest international airport in 2025: OAG report

Dubai International Airport keeps its place as the world’s busiest international airport, with a seat volume of 62.4 million

Construction works are expected to start by Q2 of 2026, with passenger service for the second extension of the Downtown Line set to begin in 2035.

Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension

The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot

A 62-room serviced accommodation, the Coliwoo Bukit Timah Fire Station, is part of the group's portfolio.
BROKERS’ TAKE

RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand

The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday

Extreme weather events rank as the No 1 risk over the long-term horizon of 10 years, adds the WEF report.

Geo-economic confrontation ranks as No 1 global risk in 2026: World Economic Forum

State-based armed conflict, extreme weather events are also among the top threats this year

This comes even though 73 per cent of respondents said that it is important for their country to act decisively on climate change, according to the SEC Newgate 2025 Impact Monitor.

Most Singaporeans think firms should prioritise keeping costs low over cutting emissions: study

Only around 40 per cent think that large businesses place adequate emphasis on climate action, the report says

The entrance of Boustead Singapore’s office.

Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business

This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy

CMG20241024-HengYY02 / 王彦燕 / 拍新币、新元 [SPH] Singapore Dollars / bills, Singapore’s strong exchange rate，currency

Invest in 3 safe-haven assets as geopolitical tensions rise, the Singdollar is one: UOB

The bank identifies gold, the Japanese yen, and the Singapore unit as good defensive bets

Singapore companies' securities turnover volume was up 44% year on year at 14.2 billion shares.

SGX’s securities daily average value for 2025 jumps 21% – the highest since 2010

December's securities market turnover value up 29% at S$25.8 billion

Generics of office workers in CBD [CBD, various locations] Office workers, including PMETs and employees from the tech and finance sectors, are seen walking around the Afro Asia building area in Tanjong Pagar during the lunchtime hour. 午休时间，专业人士与技术人员（PMETs）以及科技和金融行业的上班族在丹戎巴葛的Afro Asia大厦一带行走。

Teachers, AI roles among Singapore’s fastest-growing jobs in 2026: LinkedIn

Technical and strategic roles alongside those requiring human judgement and connection are on the rise

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