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The Business Times

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South-east Asia's leading financial news site.

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Пости за 20 Чер 2023

12 публікацій

Grab cuts over 1,000 staff in biggest layoff since pandemic; CEO cites ‘fundamental step-changes’ in operations In a letter sent to employees late on Tuesday, CEO Anthony Tan said the cuts were not “a shortcut to profita…

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Singapore is most expensive city for high net worth individuals to live well: Julius Baer report Singapore’s rise to become the most expensive city may be a reflection of rising property prices as well as the high cost o…

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ValueMax launches unsecured digital commercial paper at 5.15% to raise up to S$20 million ValueMax, which offers pawnbroking and secured moneylending services, said that it expects to raise S$10 million to S$20 million f…

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#BTOpinion: If Sheng Siong can’t add an independent director, maybe it should cut a family member instead While Sheng Siong may be one of the better examples of family-run listcos, SGX’s queries should be a wake-up call…

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Alibaba names new chairman, CEO in surprise succession plan Alibaba announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel Zhang at the helm of a company that’s been bleeding market sha…

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Two former execs get Singapore jail terms in first conviction for Wirecard case This is the first Wirecard-related conviction in Singapore and globally.

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Singapore’s Grab plans biggest round of job cuts since pandemic The reductions are set to be announced as soon as this week and are likely to surpass a 2020 round that shrank staff by 5%, or about 360 employees, sources…

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Coldplay breaks record for most tickets sold in Singapore It will be six nights of Paradise for fans in Singapore in January.

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EY impacted by global cybersecurity breach, including Singapore office EY has been hit by a cybersecurity breach involving the use of a file sharing service, with investigations still ongoing on the impact of the breach.

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Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies Their valuations are revealing – Singapore Airlines' market value of US$17 billion is almost three times that of Cathay’s. Four years ago the…

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Surge in demand for air-con repair and servicing as Singapore swelters “Many customers feel that the air-con isn’t cold, so they ask for more servicing,” says one industry player who sees a 50% increase in requests for r…

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ComfortDelGro to charge 70-cent platform fee from July 1 for rides booked via its app ComfortDelGro said that it is introducing the platform fee for app bookings so that it can continue to improve the quality of its poin…

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