The Business Times

Public transport fare formula tweaked to make fare changes more predictable for passengers To avoid large swings in fares for passengers who take the bus and train, the way that yearly adjustments to public transport far…

Three floors at Solitaire on Cecil sold for record S$4,300 psf at S$162.8 million The buyer is “a local company which is expanding its operations in Singapore”, said Savills Singapore.

Biden, 80, makes 2024 presidential run official: “Let’s finish this job” “This is not a time to be complacent. That’s why I’m running for re-election.”

Travellers lose ultra-cheap first-class tickets after ANA about-face ANA is cancelling flight tickets that were sold at bargain-basement prices last week after a currency conversion blunder, despite previously saying it…

MHA refutes reports of 3,500 high-net-worth individuals becoming Singapore citizens in 2023 MHA said a statement on the number of high-net-worth individuals expected to be granted Singapore Citizenship in 2023, which was…

Union Power set to scoop up failed Sun Electric’s solar assets Singapore's electricity retailer Union Power has submitted a “binding offer” to scoop up the solar assets of failed Sun Electric group for S$2.2 million, sou…

GXS Bank launches personal credit product with interest rates from 3.8% Customers can choose to borrow sums as little as S$200, with tenures as short as two months.

Low-cost airline kingpin prepares for life after AirAsia “Good leadership is to know when to go,” said Tony Fernandes, who plans to focus more on areas such as health, education and private equity.

MAS proposes enhanced safeguards for prospecting, marketing financial products Financial representatives will also need to provide customers with additional time to consider whether to make a purchase, and limit the use…

Condo resale prices rise again in March; volumes up 53.9%: SRX, 99.co Year on year, resale prices in all regions rose, with the OCR, RCR and CCR increasing 11%, 9.4% and 4.1% respectively.

Wealthtechs chase the ‘sandwich rich’ with curated products, tailored services Not your average Joe investor: If you have earned S$300,000 in the preceding 12 months or have over S$1 million in assets, platforms such as…

First Republic Bank deposits tumble more than US$100 billion as it explores options The bank plans to slash expenses by cutting executive compensation, paring back office space, and laying off nearly 20-25% of employees.

Distressed property listings jump in Q1 as bankruptcies rise The number of bankruptcy applications rose quarter on quarter by 5.6% to 959 in Q1 2023.