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class="flex w-full flex-col sm:w-16/20"><h1 class="text-center font-poppins text-xl font-semibold sm:text-start">Navene Elangovan</h1><p class="mb-2 text-center font-poppins text-4xs font-medium text-gray-850 sm:text-start">CORRESPONDENT</p><div class="mt-2 flex gap-2 border-t border-gray-850 pt-3 sm:gap-5"><div class="flex items-center"><img 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height="15" width="15" alt="email"/><a class="ml-2 font-public-sans text-4xs text-gray-550 transition-colors hover:text-black hover:underline" href="mailto:navene@sph.com.sg">navene@sph.com.sg</a></div></div></div></div><div data-testid="author-articles-component"><div class="stories"><div class="story border-b border-gray-175 pb-3"><div data-testid="basic-card" data-cueid="5877899" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><a rel="noopener" href="/companies-markets/singapore-shares-buck-regional-trend-sti-slips-0-1" target="_blank"><picture><img loading="lazy" src="/assets-web2/default_image-DDQi9mVP.jpg" alt="Singapore shares buck regional trend; STI slips 0.1%" class="w-full aspect-3x2"/></picture></a></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5877899"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore shares buck regional trend; STI slips 0.1%" href="/companies-markets/singapore-shares-buck-regional-trend-sti-slips-0-1" target="_blank"><span class="inline-block hover:underline">Singapore shares buck regional trend; STI slips 0.1%</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5871316" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/cathay-cineplexes-rental-arrears-unlikely-impact-fcts-bottom-line" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3ba310a826618472288e1d5902bf361ee0eadba87906bbc8542540392a9a8937?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3ba310a826618472288e1d5902bf361ee0eadba87906bbc8542540392a9a8937?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/3ba310a826618472288e1d5902bf361ee0eadba87906bbc8542540392a9a8937?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/3ba310a826618472288e1d5902bf361ee0eadba87906bbc8542540392a9a8937?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="Cathay Cineplexes&#x27; delayed rental payments could indicate a structural issue among cinema operators, says one analyst." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5871316"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line " href="/companies-markets/cathay-cineplexes-rental-arrears-unlikely-impact-fcts-bottom-line" target="_blank"><span class="inline-block hover:underline">Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line </span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5859215" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/temasek-backed-cuscaden-moves-privatise-paragon-reit-s0-98-unit" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5007704579c896354fa440299b16791e91b461a95121773c1703d24a88b19553?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5007704579c896354fa440299b16791e91b461a95121773c1703d24a88b19553?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/5007704579c896354fa440299b16791e91b461a95121773c1703d24a88b19553?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/5007704579c896354fa440299b16791e91b461a95121773c1703d24a88b19553?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="Temasek-backed Cuscaden to privatise Paragon Reit at S$0.98 per unit." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5859215"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit" href="/companies-markets/temasek-backed-cuscaden-moves-privatise-paragon-reit-s0-98-unit" target="_blank"><span class="inline-block hover:underline">Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5826904" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/capitaland-integrated-commercial-trusts-h2-dpu-remains-s0-0545" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/451e75e06a18095b4e8be952e2af1b939932764b16389f5dba4762082871df93?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/451e75e06a18095b4e8be952e2af1b939932764b16389f5dba4762082871df93?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/451e75e06a18095b4e8be952e2af1b939932764b16389f5dba4762082871df93?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/451e75e06a18095b4e8be952e2af1b939932764b16389f5dba4762082871df93?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="CICT, which purchased a 50 per cent interest in Ion Orchard and its connecting underpass last year, " class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5826904"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545" href="/companies-markets/capitaland-integrated-commercial-trusts-h2-dpu-remains-s0-0545" target="_blank"><span class="inline-block hover:underline">CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5664788" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center 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aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">OUTLOOK 2025</div><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5664788"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Analysts positive on S-Reits in 2025 after a roller-coaster year" href="/companies-markets/analysts-positive-s-reits-2025-after-roller-coaster-year" target="_blank"><span class="inline-block hover:underline">Analysts positive on S-Reits in 2025 after a roller-coaster year</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5660318" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/10-singapore-stocks-watch-20251" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/473c7a1203eef36bd9844f652b04477d4faa2ca92321e74e8cfddc1eb7bff520?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/473c7a1203eef36bd9844f652b04477d4faa2ca92321e74e8cfddc1eb7bff520?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/473c7a1203eef36bd9844f652b04477d4faa2ca92321e74e8cfddc1eb7bff520?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/473c7a1203eef36bd9844f652b04477d4faa2ca92321e74e8cfddc1eb7bff520?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="How will these stocks navigate the challenges and opportunities ahead?" class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">OUTLOOK 2025</div><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5660318"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="10 Singapore stocks to watch in 2025" href="/companies-markets/10-singapore-stocks-watch-20251" target="_blank"><span class="inline-block hover:underline">10 Singapore stocks to watch in 2025</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5653525" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/singapore-market-unlikely-repeat-2024s-high-moderate-returns-expected-2025" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/edbddb08a11de43e5c6e35da3544d025a1062a57fe5ddfbc569de76f2109de79?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/edbddb08a11de43e5c6e35da3544d025a1062a57fe5ddfbc569de76f2109de79?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/edbddb08a11de43e5c6e35da3544d025a1062a57fe5ddfbc569de76f2109de79?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/edbddb08a11de43e5c6e35da3544d025a1062a57fe5ddfbc569de76f2109de79?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="Singapore market unlikely to repeat 2024’s high; moderate returns expected for 2025" class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">OUTLOOK 2025</div><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5653525"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Singapore market unlikely to repeat 2024’s high; moderate returns expected for 2025" href="/companies-markets/singapore-market-unlikely-repeat-2024s-high-moderate-returns-expected-2025" target="_blank"><span class="inline-block hover:underline">Singapore market unlikely to repeat 2024’s high; moderate returns expected for 2025</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5617953" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/analysts-optimistic-asian-equities-bonds-even-fed-signals-fewer-rate-cuts" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ac71a4bd0063415fca2dfd59d0856c2c837e6f4837a67b8d907a1adc9f0c0145?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ac71a4bd0063415fca2dfd59d0856c2c837e6f4837a67b8d907a1adc9f0c0145?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/ac71a4bd0063415fca2dfd59d0856c2c837e6f4837a67b8d907a1adc9f0c0145?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/ac71a4bd0063415fca2dfd59d0856c2c837e6f4837a67b8d907a1adc9f0c0145?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="The US Federal Reserve, chaired by Jerome Powell (above), signals a slower pace of interest rate cuts for 2025. " class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5617953"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Analysts optimistic on Asian equities, bonds even as Fed signals fewer rate cuts" href="/companies-markets/analysts-optimistic-asian-equities-bonds-even-fed-signals-fewer-rate-cuts" target="_blank"><span class="inline-block hover:underline">Analysts optimistic on Asian equities, bonds even as Fed signals fewer rate cuts</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5407878" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/opinion-features/features/caffeine-high-how-expensive-can-your-cup-kopi-get" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/f3e7ae0ee06623bd2d3a9b48dfffb9d09dbbb3570ab39b9d1495a2bc8bcbb73c?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/f3e7ae0ee06623bd2d3a9b48dfffb9d09dbbb3570ab39b9d1495a2bc8bcbb73c?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/f3e7ae0ee06623bd2d3a9b48dfffb9d09dbbb3570ab39b9d1495a2bc8bcbb73c?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/f3e7ae0ee06623bd2d3a9b48dfffb9d09dbbb3570ab39b9d1495a2bc8bcbb73c?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="The tight supply of robusta coffee beans, which is used in nanyang coffee, is adding on to the business costs of coffee chains." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><div data-testid="basic-card-kicker-component" class="break-words font-poppins text-4xs font-light leading-4 text-gray-515">BRUNCH</div><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5407878"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Caffeine high: How expensive can your cup of kopi get?" href="/opinion-features/features/caffeine-high-how-expensive-can-your-cup-kopi-get" target="_blank"><span class="inline-block hover:underline">Caffeine high: How expensive can your cup of kopi get?</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" data-testid="create-time-component"></div></div></div></div></div><div class="story border-b border-gray-175 py-3"><div data-testid="basic-card" data-cueid="5413077" class="relative flex flex-wrap items-start"><div class="relative flex order-2 flex-shrink-0 w-1/4"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/single-leverage-limit-additional-disclosures-imposed-all-s-reits-mas" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/bbb8df97ad6952f9408cdb174d1446a1cbd1f723720bf4573fdd48ff4da7ce20?w=900&amp;h=600&amp;dpr=1&amp;f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/bbb8df97ad6952f9408cdb174d1446a1cbd1f723720bf4573fdd48ff4da7ce20?w=600&amp;h=400&amp;dpr=1&amp;f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/bbb8df97ad6952f9408cdb174d1446a1cbd1f723720bf4573fdd48ff4da7ce20?w=300&amp;h=200&amp;dpr=1&amp;f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/bbb8df97ad6952f9408cdb174d1446a1cbd1f723720bf4573fdd48ff4da7ce20?q=20&amp;w=3&amp;h=2&amp;f=webp" loading="lazy" alt="Various stakeholders have expressed broad support for its proposed changes, says MAS." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-3/4 order-1 pr-4"><h3 class="my-1 _title_d4ajx_12 text-base" data-testid="title_link_5413077"><a class="inherit word-break hover:underline text-gray-850" rel="noopener" title="Single leverage limit, additional disclosures imposed on all S-Reits: MAS" href="/companies-markets/single-leverage-limit-additional-disclosures-imposed-all-s-reits-mas" target="_blank"><span class="inline-block hover:underline">Single leverage limit, additional disclosures imposed on all S-Reits: MAS</span></a></h3><div class="mt-auto"><div class="_createTime_d4ajx_101 truncate uppercase" 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