The Business Times

S$1 billion jump in allowances slash UOB Q3 profit to S$443 million Net profit for the quarter stood at S$443 million, down 72% from S$1.61 billion a year earlier.

DBS Q3 profit down 2% to S$2.95 billion; beats expectations Total income hits a new high of S$5.93 billion.

Of F&B closures in 2025, 82% of those registered for up to 5 years had never made a profit: MTI From Jan 1 to Oct 23, there were 3,357 new retail food establishments and 2,431 closures.

Aims Apac Reit charged about S$450,000 by JTC after tenant, Cocoa Trees owner, sublets Hougang space Aims Apac Reit was found to have breached JTC lease conditions for the building it holds in Defu Lane, after tenant FNA…

Agoda layoffs: Clauses that deter workers from going to authorities ‘should not be included’ MOM does not proactively monitor severance agreements but will investigate upon complaints, says Manpower Minister Tan See Leng…

✈️Sneak peek at SIA’s new First Class lounge in Changi Airport T2; Melbourne lounge to be revamped At 1,050 sq m, the new First Class lounge is 11% bigger and can accommodate around 130 customers. It is available to SIA’…

COE premiums crash as mainstream car category dips 10%, large cars down 13% Category B leads the fall, with a decline of S$16,888 to S$115,001.

Temasek’s Png Chin Yee, Shangri-La Asia’s Kuok Hui Kwong in Forbes Asia’s list of most powerful women Several Singapore-based leaders have been named in an annual list by business magazine Forbes featuring the top 20 acc…

Two single-family office funds linked to Chen Zhi’s group were granted tax incentives: Chee Hong Tat MAS takes ‘risk-proportionate approach’ to maintain Singapore’s status as a trusted financial centre, says MAS deputy c…

‘No misrepresentation of track record’ in Therme Group unit’s tender bid for wellness project: STB A New York Times report had accused Therme of exaggerating its track record to secure a deal in Ontario, Canada.

17 exotic cars, US$500,000 private chef: First Brands’ Malaysian-born founder accused of looting US$700 million The September collapse of First Brands, a mid-size manufacturer that normally would not draw much attention…

Kingsford places top bid of S$918.3 million or S$1,326 psf ppr for first condo plot on former Keppel Club site The first government land sale plot offered out of the former Keppel Club site garnered just three bids at a…

Law passed for scammers, mules to be caned after victims in Singapore lose almost S$4b since 2020 Scammers will get at least six strokes of the cane, with the punishment going up to 24 strokes depending on the severity o…

Start your day with BT ☕️: Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit Top stories: 1. Singapore: Singapore does not seek for Singdollar to be reserve currency: M…

Twelve Cupcakes staff get vouchers from unions as clock ticks for them to find another job All union members were given supermarket vouchers ranging from S$150 to S$200 in value. Non-union members did not receive any vou…