The Business Times

SIA Engineering H1 earnings up 83% to S$59.3 million This brings earnings per share to 5.28 Singapore cents, up from 2.89 Singapore cents the previous year.

Malaysia to implement tax on high-value goods from May 1, 2024: finance ministry Prime Minister Anwar Ibrahim announced last month that a tax of 5-10% will be introduced for high-value goods.

#Emergingenterprise2023: Tapping tech to secure a market niche From telehealth to smart locks, these Emerging Enterprise finalists have developed solutions to fill gaps in the market.

Singapore’s AUM falls 10% to S$4.9 trillion in 2022: MAS Out of Singapore’s AUM for 2022, 76 per cent of funds were sourced from beyond the Republic, while 88 per cent of funds were invested into assets outside the count…

Good news is bad news as Fed watches for hot US economic data The central bank remains “strongly committed” to bringing consumer price inflation down to its 2 per cent target from current levels of about 4 per cent on an…

‘I had thoughts of ending my life’: OK Lim Former oil tycoon also says he’s not responsible for employees’ ‘wrong and illegal’ actions.

Beyond Johor, Singapore companies looking at Klang Valley, Penang for Malaysia expansion Congestion at land crossings and a thirst for talent have seen more SMEs turn to other Malaysian cities, says SBF’s Malaysia countr…

About 72% of Singapore employers plan to raise salary offers for in-demand roles: report It estimated that full-time workers in Singapore make around S$5,783 a month on average, which equates to S$69,396 a year.

#BTOpinion: Sheffield, Niks should have calibrated timing, pricing of IPOs to draw more investors Weak trading debuts are all too common in the Singapore market, so are Niks and Sheffield destined to go the way of YKGI a…

MAS’ Ravi Menon rules out politics post retirement “There are other good things you can do without becoming finance minister, although our finance minister does a very good job,” said Menon.

US Fed keeps rates unchanged; Powell hedges on possible end of tightening campaign Asked if the Fed maintained a bias towards hiking rates versus keeping policy on hold, Powell responded, “That’s the question we’re askin…

Genting Singapore gets URA nod to develop 228,000 sq ft of retail space, 700 hotel rooms at RWS It is expected to be part of Genting's pledge to invest S$4.5 billion to expand the integrated resort with new non-gaming at…

10-year average return on Singapore Savings Bonds hit new year-to-date high of 3.4% Interest rates for the SSBs have been on the rise for the past five tranches.

DBS management’s compensation to reflect outage accountability; MAS slaps curbs on selective bank activities MAS imposed restrictions on DBS activities to ensure the bank “keeps sharp focus” on restoring the resilience o…

WeWork said to have approached Singapore landlords for ‘assistance’ amid talk of parent’s bankruptcy “We have not and do not comment on speculation. WeWork Singapore remains committed to providing members with exceptiona…

SingPost to buy Australia’s Border Express for up to A$210 million SingPost says its proposed acquisition of Border Express aligns with the group's strategic ambition to expand its logistics network and foster synergy wi…

NoonTalk Media expands to Thailand, signs on three Thai artistes CEO Dasmond Koh said NoonTalk is actively pursuing partnership opportunities in Asia and had identified Thailand to expand into. ➡️ Noontalk’s share buybac…

Tesla erases US$145 billion in valuation on demand woes Tesla shares have wiped out nearly one-fifth of their value in less than two weeks amid growing concerns that demand for electric cars is starting to weaken.

SPH Media to acquire Tech in Asia, boost The Business Times’ regional growth The acquisition will accelerate BT’s goal of becoming a trusted source of business and tech news for investors, dealmakers, entrepreneurs and r…

T2 reopens after expansion to help Changi Airport cope with post-Covid capacity recovery The air hub expects to welcome full passenger traffic recovery by 2024.

#BTOpinion: Investors must brace for more volatility as S-Reits dip to near Covid-19 lows Opportunistic investors may find the current lows to be an attractive entry point, if they expect interest rates to return to more…

New Acra anti-money laundering rules musn’t hamper ease of doing business in Singapore, say industry players Singapore’s anti-money laundering regime “needs upgrades to keep up with the times” but is “not broken”, notes…

WeWork plans to file for bankruptcy as early as next week: source It is struggling with a massive debt pile and hefty losses, and its shares have fallen roughly 96% this year. Previously, WeWork said in Aug 2023 that it…

China money rates jump as high as 50% amid signs of liquidity stress The cash shortage was caused by an upcoming flood of government bond issuance, and market fears of default by cash-strapped institutions.