The Business Times

World’s biggest luxury fortunes lose US$17 billion as market slows Is the luxury sector's golden age waning? LVMH's Bernard Arnault loses top billionaire spot as demand drops, impacting L'Oreal, Burberry and Swatch.

New laws ‘level playing field’ for corporate service providers, but could lead to industry consolidation The tightening regulations are a bid to stem money laundering-related activities in Singapore.

Sats, SIA Engineering and CAG join hands to develop autonomous buses for airport staff The three companies said this collaboration lets airside professionals focus on more complex activities, while presenting opportuniti…

Singapore-Laos clean power deal stuck over transmission: sources The power retail arm of Singapore’s Keppel and Electricite du Laos signed a renewal agreement on Jun 24, but Singapore has yet to sign deals with Thailand…

COE premiums largely flat in July’s second round of bidding The most significant change was the motorcycle category’s 2.1% increase.

Possible overpayments, weakness in controls among lapses flagged by national auditor Lapses in valuations and payments for work orders had possibly led to an overpayment of S$1.9 million to NParks’ contractors.

SIA expected to post lower earnings for Q1 FY2025, say analysts Still, the rebound in air freight rates is deemed as tailwind for the group and should provide some support to the company’s FY2025 earnings.

Allianz launches 1.5 billion-euro offer for 51% of Income Insurance at S$40.58 per share The deal comes as Allianz seeks to expand and strengthen its presence in Singapore.

#BTOpinion: IPO first-timers vs ex-listcos eyeing second bite of cherry: Let’s prioritise the former After having listed and delisted from SGX, it is puzzling that precision manufacturer Hi-P and exhibition provider City…

Swiss luxury watch market succumbs to a brutal China-led slump The double-digit drop in sales seen in the latest results mark a stunning reversal of fortune for an industry that enjoyed an unprecedented sales boom during…

Chip wars: Singapore SMEs get a boost from big players’ efforts to nurture ecosystem This “convergence of interests” happened when MNCs realised during the pandemic that their supply chains were fragile, and saw an urgen…

Start your day with BT ☕️: Stocks to watch: Singtel Top stories 1. Singapore: Chip wars: Singapore SMEs get a boost from big players’ efforts to nurture ecosystem 2. Opinion: IPO first-timers vs ex-listcos eyeing second…

Singapore key exports down 8.7% in June, dragged by non-monetary gold and electronics Non-oil domestic exports to Singapore’s top markets as a whole declined in June.