The Business Times

IHH Healthcare’s CEO Kelvin Loh resigns Dr Loh assumed the managing director and chief executive position at IHH Healthcare on Jan 1, 2020. No replacement has been named, and no reason was given for Dr Loh’s resignation.

MOM does not “micro-manage” foreign work pass numbers: Tan See Leng MOM expects hiring demand to have been dampened in the fourth quarter of 2022, but would not reduce its issuance of foreign work passes even if the sect…

COE prices up across the board, Open category hits record high of S$118,001 The price for Open COE at S$118,001 represents an increase of 12.4% from S$105,002 in the last tender exercise. Analyse historical COE data with…

#BTOpinion: Investors may need deeper pockets as Reits raise cash for expansion For investors who like a particular Reit, fundraising is an opportunity to amass more units at a discount - but to others, they are wary abo…

Business, industry transformation must accompany workers’ productivity gains: Zaqy Senior Minister of State for Manpower Zaqy Mohamad also acknowledged that productivity-raising efforts take time, and may result in cost…

Progressivity is not about pitting the well-off against others: Pritam Singh He cautioned against framing the government’s latest fiscal plan as a “Robin Hood” Budget. “Referring to it as such pits one group – high-earne…

Sats to issue 363.1 million new shares at S$2.20 apiece via S$798.8m rights issue Gross proceeds from the rights issue will be used to partially fund the inflight caterer and ground handler’s acquisition of Paris-based W…

‘Confidential’ settlement reached between security agency Apro and union over officers’ wage dispute “We are now focused on ensuring all our officers clearly understand why the recent adjustments had been necessary and a…

Wilmar posts 8.6% rise in H2 earnings; plans to pay record dividend The total dividend paid and proposed for FY2022 stands at S$0.17 - the highest cash dividend paid out by Wilmar since its listing.

Sembmarine-Keppel O&M merger D-day draws short sellers into the fray The losses in Sembmarine's stock on Monday come on the back of record short-selling volume of 175.6 million shares.

China buyer picks up duplex penthouse at Klimt Cairnhill for nearly S$30 million As the option to purchase is understood to have been granted last week, the buyer beat the increase in the buyer’s stamp duty rate for resi…