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The Business Times

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South-east Asia's leading financial news site.

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15 публікацій

‘Stripping away any meaningful authority’ of CDL’s chairman is a ‘coup’: Kwek Leng Beng Sherman Kwek’s bid to remove Catherine Wu was “attempt to distract everyone from the matter at hand”, says director Philip Yeo.

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#Brunch: Does airline loyalty pay? Frequent fliers take off for more rewarding horizons Singapore Airlines (SIA), too, changes the criteria for its KrisFlyer programme every now and then – at times incurring so much wrat…

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LBC rates up between 0.1% and 3% on average for commercial, residential, industrial and hotel use groups Land betterment charge rates for place of worship and civic and community institution use group is raised by 6% on…

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Citigroup mistakenly credits customer account US$81 trillion in ‘near miss’ There were 10 near misses of US$1 billion or more at Citi last year.

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Mother and son jailed 2 weeks each over lying in ‘99-to-1’ property purchase arrangement This is the first prosecution and conviction over a stamp-duty audit.

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Genting’s Lim Kok Thay to step down as CEO, Tan Kong Han to take over He will remain as executive chairman of its board of directors. Genting Malaysia stocks tumble after news of CEO change; Singapore counter holds relat…

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Ong Beng Seng to plead guilty on April 2 He faces two criminal charges in relation to dealings with former minister S Iswaran.

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Costs and competition are unavoidable, but the government will help businesses transform: PM Wong PM Wong said the government will provide short-term support to businesses “without blunting the incentive for them to rest…

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🎧Interview with Catherine Wu Dr Wu, named by CEO Sherman Kwek as being the trigger for the split in CDL's board, is secretary-general of GeekCon International, an initiative of Dark Navy, an independent security researc…

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The path to longevity begins with death prevention An extended lifespan is achievable, but it requires discipline in maintaining good health. Brought to you by Royal Healthcare. bt.sg/oqD4R

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Australia taxi fraud cases driven by cabbies, not the company: ComfortDelGro Systems that could be abused for fradulent charges in around 9,000 cabs have since been changed.

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3 men charged with fraud in case allegedly linked to Nvidia chips The men are Singaporeans Aaron Woon Guo Jie, 41, and Alan Wei Zhaolun, 49, and Chinese national Li Ming, 51.

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HPL H2 profit nosedives 94.4% to S$32.1 million; S$0.04 per share final dividend proposed Its earnings per share stands at S$0.0547, down from S$1.1024 in H2 FY2023.

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Olam H2 profit falls 83.4% to S$38.4 million, pares proposed dividend to S$0.03 per share Company blames earnings slide on higher net finance costs, exceptional losses. ➡️Olam shares fall 11% amid steep profit drop

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Start your day with BT ☕️: Stocks to watch: IHH Healthcare, Jardine C&C, Olam, ComfortDelGro, Sheng Siong Top Stories: 1. Singapore: Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’…

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