The Business Times

UOB hits a fresh high, with Singapore’s STI reaching yet another record The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary share.

DBS names new heads of operations, and corporate and SME banking The current Singapore head of corporate banking, Chen Ze Ling, will become the group head of corporate and SME banking from Apr 1.

Singapore expects S$6.8 billion surplus in FY2025, contrary to economists’ deficit predictions Singapore expects a fiscal surplus of S$6.8 billion or 0.9% of GDP for the 2025 financial year, despite a generous spending p…

Lights, camera, adios: Indebted Cathay Cineplexes to shutter West Mall outlet The cinema chain had earlier paid back some S$12 million in owed rent.

Budget 2025 highlights: From SG60 goodies to investments for growth Budget 2025 tackled cost pressures facing households and businesses, while laying out long-term plans to spur growth, help vulnerable segments of societ…

“Considerable uncertainty” about government revenues amid geopolitical shifts Government expenditure expected to go up to 20% of GDP by around 2030. ➡️Unexpected rise in corporate income tax boosts government revenue

Up to S$800 in SG60 vouchers; 60% income tax rebate The Singapore government will give SG60 Vouchers to all Singaporeans aged 21 and above, as part of a package in celebration of Singapore’s 60th birthday.

Up to S$16,000 more in support for third child and beyond under new Large Families Scheme “Couples with more children often worry about additional costs because the demands grow with each additional child,” said Minister…

More Climate Vouchers for HDB households, Singaporeans in private properties The Singapore government will issue an additional S$100 in Climate Vouchers to HDB households to boost individual sustainability efforts.

Workfare Skills Support to be enhanced for lower-wage workers Mid-career Singaporeans who wish to pursue substantive training on a part-time basis will also receive a fixed allowance of S$300 per month to help defray inc…

Tax incentives to be introduced for companies and fund managers that list in Singapore The three tax incentives will target corporate listings, fund manager listings and fund managers’ qualifying income arising from fund…

National Productivity Fund to receive S$3 billion top-up The government has consistently invested about 1% of Singapore’s GDP annually in R&D over the last 20 years. ➡️New S$1b private credit fund for high-growth local c…

Corporate income tax rebate, enhanced progressive wage credit scheme for businesses The Singapore government will introduce a 50% corporate income tax rebate in the year of assessment 2025, to support the cash flows of c…

All Singaporean households to get $800 in CDC vouchers The first tranche of S$500 in CDC vouchers will be disbursed in May this year, while the remaining S$300 in vouchers will be disbursed in January 2026.

#Budget2025: Singapore enters next phase of growth amid “a new global contest” Finance Minister Lawrence Wong, in his Budget speech, noted that Singapore has “done well so far”, bouncing back from the Covid-19 pandemic a…

Talent crunch pushing Singapore’s financial sector to rewrite operations playbook to retain staff One strategy involves lateral moves within the organisation to retain experienced professionals, such as engaging them as…

Watch the livestream of Singapore Budget 2025, which will be delivered in Parliament at 3.30pm. Click '🔔 Notify me' to receive an alert when the stream begins. For more #Budget2025 coverage, visit bt.sg/budget25

TPG proposes to privatise Econ Healthcare in S$88 million deal Each shareholder will be entitled to receive, at their election, either S$0.33 per share in cash, or S$0.224 per share in cash and about 0.32 Enabler Holdco…

Card-issuing banks in Singapore to require additional verification for mobile wallet users Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024.

Start your day with BT ☕️: Stocks to watch: Sri Trang Agro-Industry, Sri Trang Gloves, Oiltek International, Aoxin Q&M Top Stories: 1. Singapore: Singapore’s financial sector looks to internal hiring, reskilling and flex…