The Business Times

In new era of supersonic travel, a Singapore-London flight could take just five hours Boom Supersonic's Overture airliner clocks in at 1,800kmh – that’s 1.7 times the speed of sound.

Apple to relinquish historic US$3 trillion value as sales fall Apple’s valuation concerns investors. The stock trades at more than 29 times estimated earnings, a premium to both its own history and the overall market.

#BTLifestyle Going local: the quest to support heritage and home-grown businesses Consumers are “increasingly drawn to the stories behind products and services,” says one cafe owner who is optimistic about the future for…

#BTLifestyle: Casual all-day dim sum at Chao Yue Xuan The chilli crab siew mai (S$9.80) is a welcome change of pace as you bite into the chunky pork dumpling and get a surprise spurt of spicy sauce.

Cathay unseats Singapore Airlines as stock winner on travel revival Cathay’s post-pandemic earnings power has been “underestimated” and there is “room for upward Street earnings revisions.”

Eurokars’ S$106m flagship facility with two luxury car showrooms to open in December It will house the company’s corporate HQ and will also be home to multiple workshops as well as two luxury car showrooms.

Anti-discrimination legislation set for 2024 introduction after release of final proposal MOM has accepted key recommendations set to enhance employee protections and fairness in job opportunities.

#Brunch: More companies want to hotdesk now. How can they make it work? The trend is growing, with cost savings and increased collaboration driving companies to upend traditional seating. Yet progress remains slow with e…

S$507 million shareholder equity ‘shows I am a serious candidate’ for president: George Goh Goh, a serial entrepreneur who co-founded Harvey Norman Ossia, said he is applying under the private sector track 19(4)(b), also…

OCBC expects stronger net interest margin but stays watchful of slowing global growth Despite a broader caution on slowing global growth momentum into 2024, OCBC stays prudent and continues to raise its general allowance…

Ex-remisier extradited to Singapore, charged over misappropriating over S$13 million Sumiko-Jill Teo was a remisier at Maybank Kim Eng (Maybank KE) at the time of her alleged crimes.

Parliament passes Bill that mandates compliance with code of conduct for retail leases Lease Agreements for Retail Premises Bill passed in parliament, set to take effect February 2024.

Bankruptcy estate of Nelson Loh’s ex-wife to declare interim dividend Nelson Loh, the co-founder of Novena Global Healthcare Group, who has been charged with forging financial statements of the company and using them to…

Presidential hopeful Ng Kok Song submits forms, stresses importance of Singapore’s reserves Ng Kok Song vows to protect reserves and tackle income inequality.

Mapletree bags URA’s provisional nod for HarbourFront Centre redevelopment The proposed total GFA of 1.54 million sq ft office and retail space is about 47% higher than that of the existing building.

Chinese carmaker Great Wall enters Singapore with mainstream EV brand Ora Ora’s business operations officially began in Singapore with the opening of its showroom on Thursday, and the launch of the brand’s first model, G…

OCBC Q2 profit up 34% to S$1.7b; S$0.40 interim dividend declared OCBC has declared a higher interim dividend of S$0.40 per share for the period, up 43% from S$0.28 previously.

9-year term limit does not mean independent directors get a 9-year free ride: SGX RegCo SGX RegCo CEO Tan Boon Gin urges for regular performance evaluations to ensure ongoing benefit for companies.

Here are some of the stories behind the winners of the Sustainability Impact Awards 2023: 1. With ‘great realisation’ comes great solutions 2. Mental health charity banks on destigmatising mental illness 3. Saving bees,…

DBS confident about strong fee income growth in H2 2023, but warns loans may slow This comes after DBS recorded a 7 per cent rise in its second quarter commercial book net fee income to S$823 million – the first year on…

Cut-off yield on latest Singapore 6-month T-bill falls to 3.75% The cut-off yield continued its downtrend from the previous six-month tenor of the T-bills, which offered a cut-off yield of 3.85 per cent.

Deferring upcoming GST hike will only ‘store up more problems in future’: Lawrence Wong With an ageing population and rising healthcare costs, government expenditure is expected to grow to over 20 per cent of gross domes…

#BTGarage: 5 Questions with Malaysian ecosystem builder Bikesh Lakhmichand "The spirit of entrepreneurship [in Malaysia] is unique, characterised by a sense of grit, inventiveness, and a relentless desire to make an impa…

S’pore worked closely with UK authorities in former F1 boss Ecclestone’s fraud case: DPM Wong 92-year-old Bernie Ecclestone is alleged to have more than £400 million (S$682 million) tucked away in a Singapore bank.

Annual conference spotlights pathways for Asia's net-zero future BRANDED CONTENT: Solutions to balance energy security, affordability and sustainability are key dialogue topics. Brought to you by Energy Asia bt.sg/5FA2

#BTOpinion: SIA’s elevated profitability won’t last forever Investors should not get carried away. Commercial aviation is a famously cut-throat business, and SIA’s premium brand positioning could work against it as compe…

Singapore’s PMI edges up in July but remains contractionary for 5th straight month This latest data, which marks the fifth consecutive month of contraction, “reflected a stabilisation in factory sentiment”, says an econo…

DBS profit rises 48% to record S$2.7 billion for Q2 DBS' net profit for the second quarter and first half are at record highs. It also declared a dividend of S$0.48 per share for Q2.