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.

“We are not trying to go for a silver bullet that can, on its own, solve all the problems. There is no magic pill,” Chee said
MARK TO MARKET

Time to introduce a Japan, Korea-style value-up programme, to drive Singapore market’s next leg-up

This move may be a crucial part of the ongoing holistic approach to restoring the vibrancy of the local market

SGX RegCo is holding consultations on reducing the standard board lot size for higher-priced shares, and facilitating wider adoption of broker custody accounts
MARK TO MARKET

Time for brokers to make bigger contribution to the revitalisation of the Singapore market

Reduced board lot sizes may largely benefit SGX and the brokers; custody accounts could be an opportunity to alleviate frictions of exercising...

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...