The Business Times

Flash Coffee in major consolidation amid Taiwan bankruptcy, sale of Thailand unit Its Taiwan subsidiary owes at least NT$120 million (S$5.1 million) to its creditors.

Timbre Group returns to roots in music and events amid wider F&B slowdown Due to labour constraints, the group is relinquishing control of the 800-seater Timbre+ Eastside venue at Singapore Expo.

OK Lim’s Good Class Bungalow on Third Avenue sold to Singapore family for just below S$26.5 million This is Lim’s second GCB to be sold in the area. The first was at 5 Second Avenue, which was sold in October 2021 for S$…

Mainstream car COEs at lowest level since January, while large car premiums spike 23 per cent The price for Category A cars fell by S$10,688 to S$85,001 while premiums for Category B cars rose S$25,335 to S$135,336.

Altman to return as OpenAI CEO with Taylor, Summers on new board OpenAI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to quit over his surprise ouster.

Small-business owners warm to AI-written contracts; lawyers warn of costly mistakes Employment contracts and supply agreements could cost thousands of dollars if drafted by a lawyer, while ChatGPT can be used to draft th…

Price hikes of essential services unavoidable, but needy households will get help: PM Lee In times of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public ser…

What you need to know about Richard Teng, Binance’s new CEO Singaporean Richard Teng, who was once director of corporate finance at the Monetary Authority of Singapore (MAS), will take over as the face of one of the worl…

Binance CEO CZ quits, Richard Teng to take over; crypto exchange to pay US$4 billion for money laundering Singaporean Samuel Lim, Binance’s former chief compliance officer, agrees to pay US$1.5m for violating commodity l…

Chinese businessman seeks S$1.5 million in damages from Huttons and agent for misrepresentation The businessman said he was induced into entering an Option to Purchase in 2018 after the property agent “made clear and une…

Singapore downgrades 2023 export forecasts; projects NODX growth of 2% to 4% for 2024 Singapore's non-oil domestic exports is now expected to shrink by 12-12.5% year on year in 2023, compared with August’s forecast of a…

Singapore GDP expected to grow 1% in 2023, growth was 1.1% in Q3 In the third quarter of this year, the economy expanded by 1.1% year on year, faster than the 0.5% clocked in Q2.