The Business Times

HDB to redevelop Tanglin Halt in Queenstown to offer up to 5,500 new flats The project, which will be situated on the site of the former Tanglin Halt Neighbourhood Centre, will integrate housing with a hawker centre, a m…

Gojek to cut driver commission rate, introduce payment transaction fee Gojek announced it will be lowering the driver commission rate from 15% to 10% on Nov 1, as part of efforts to help drivers defray increasing costs.

Returns on 12-month T-bill dip slightly to 3.7% in October amid uptick in demand It's marginally lower than July’s tranche at 3.74% interest.

Job openings for independent directors as firms scramble to meet 2024 deadline “You have to start looking at your succession plan, because come next year... everyone will be scrambling to look for an independent director…

#BTOpinion: Noontalk’s minorities should press the board to justify rationale for share purchase mandate Noontalk should explain why it is even considering returning capital to shareholders less than a year after listing…

Marina Bay Sands posts 34.3% higher Q3 net revenue of US$1 billion Its casino segment remained the largest revenue contributor at US$698 million, up 36.9% from US$510 million in Q3 FY2022.

Singapore’s first peer-to-peer trading platform for solar energy to go live on Nov 1 Owners of landed properties and businesses who have solar panels on their roofs can soon sell their excess solar-generated electricity…

Four women named winners of EY Entrepreneur Of The Year 2023 Singapore awards “It is noteworthy that the entire class of EOY award winners this year are women entrepreneurs," said EY, adding that the winning entrepreneur…

Singapore’s visitor arrivals slip to 1.13 million in September; continue downward trend Visitor arrivals tend to cool off after the peak travel periods of July and August, notes an market watcher.

MYAirline founder arrested to help in money laundering probe MYAirline founder and major shareholder Allan Goh Hwan Hua, his 55-year-old wife and his 26-year-old son were arrested on Tuesday.

Passenger car COE premiums continue to break records as open category nears S$160,000 Premiums for larger and more powerful cars in Category B hit a record high of S$150,001, up from S$146,002. Meanwhile, premiums for Ca…

Boustead Singapore in talks with Boustead Projects on exit offer SGX had previously issued a directive for Boustead Projects to be delisted, as the issuer has not ensured that at least 10% of the total number of issued s…

Money laundering accused admits paying US$290,000 for Dominica, Cambodian passports Lin Baoying managed to obtain her Dominica passport despite not visiting the country before.

MAS to inspect Credit Suisse, others in US$2 billion scandal The Singapore unit of Credit Suisse will be among banks the MAS plans to examine to determine whether they properly handled the monitoring of wealthy clients,…

Country Garden on verge of first default amid silence on bond The company, one of the world’s most indebted builders, must pay a US$15 million coupon payment by the end of a 30-day grace period Oct 17-18 or a default can…

Singapore wine auction nets S$5.8 million, as valuable whisky fails to sell Initial interest was so high that potential bidders had to join a waitlist to get into the auction room, fuelling expectations of frenzied biddi…

Singaporeans plan to travel as much, if not more, in 2024; flight cost top of mind: survey Four of the top five destinations for Singapore travellers were in Japan: Osaka, Fukuoka, Sapporo and Nagoya. In third place was…

Orchard Road’s rejuvenation excites, but will need fresh concepts beyond retail “May these developers come up with something unique and spectacular, instead of more of the same old, same old, only newer,” says an industr…

Developers may show restraint when bidding for Orchard Boulevard GLS site: analysts The Orchard Boulevard plot is the first GLS site released in the Orchard area since May 2018.

More than 170,000 discounted SIA tickets to go on sale in November “This is good news for me,” said a 57-year-old retiree. “Air fares have gone up so much since the pandemic.”

Singapore’s package tours evolve to meet demand for longer, specialised trips Industry players note the growing demand of “slow travel” – “longer-duration holidays, focusing on immersive exploration” – with offerings suc…

#Emergingenterprise2023: Building a winning business by driving digital change From data-driven insights to smart automation, these Emerging Enterprise finalists have found success in helping other companies digitalise.

Battle of brews: After Flash Coffee, who’s who in the fight for coffee supremacy in Singapore Juiced up by venture capital, South-east Asia coffee companies are growing explosively in their home countries and are now mak…

HDB upgrader deals fall amid pricier condos, costlier mortgages, higher ABSD: OrangeTee The hampered demand was led by the increase of additional buyer’s stamp duty, in addition to the surging mortgage rates and private…

Foodpanda CEO Jakob Angele departs, replaced by John Fang The move comes amid recent layoffs and news that foodpanda’s businesses in Singapore and other South-east Asian markets could be sold off, potentially to rival Gr…

LinkedIn to retrench 668 employees as hiring activity slows LinkedIn said it would lay off staff across its engineering, talent and finance teams in the second round of job cuts this year.

Banking services disruption reinforces the need for multiple payment methods, say retailers One retailer, who only has a DBS payment terminal at his store, lost about S$500 in sales on Saturday from customers who were un…

Singapore key exports slump eases to 13.2% in September It eases from the 22.5% slump in the previous month.