The Business Times

Frasers Property partners Malaysia’s Tan & Tan to develop 5-ha mixed project in Petaling Jaya The first phase will offer residential developments, a low-rise retail space and a park, with the residential component expected to launch for sale next year. https://bt.sg/o239t

Singapore, India accounting bodies take ‘stepping stone’ towards mutual recognition of qualifications Under the qualification arrangement, eligible Institute of Singapore Chartered Accountants (Isca) members will be exempted from all six foundation-level modules of the Singapore Chartered Accountant Qualification. https://bt.sg/74rM

FBM KLCI to expand to 50 stocks as Malaysia cuts reliance on banking overweights The broader index will cover about 70% of Bursa Malaysia’s main market capitalisation, compared with around 60% currently, based on simulations using end-June data. Technology, energy and Reits would also gain representation for the first time. https://bt.sg/CKKd

Is copper Asia’s next AI bottleneck? Will copper’s price volatility threaten Asia’s AI boom? As new data centres face potential delays, BT’s Benicia Tan breaks down why Asia’s reliance on copper is a structural issue and whether cheaper substitutes can actually work. https://bt.sg/es7H

Lily Ler to step down as CEO of Mapletree Industrial Trust manager Anand Chandran, currently head of Asia-Pacific data centres at Mapletree Investments, will succeed her. https://bt.sg/nHq6