The Business Times

Cabinet reshuffle on the cards after PM Lee unveils handover timeline: political analysts Observers say the reshuffle could happen even before the end of 2023, with no more movements from then until after the election.

DBS Q3 profit rises 16% to S$2.59 billion; declares S$0.48 per share dividend Total income for the third quarter stood at a record high of S$5.2 billion, 16% higher on the year.

Citi’s new global wealth head sees Asia as ‘top priority’ Head of Citi Global Wealth Andy Sieg is confident that short-term stressors, including an economic slowdown in China, will not derail growth in the wealth managem…

Monetisation drives South-east Asia’s digital economy 2023 revenue to US$100 billion: e-Conomy report E-commerce revenue, which has grown 22% to US$28 billion in 2023, has overtaken online media.

#BusinessofTime2023: Ulysse Nardin stands out from the crowd Is Ulysse Nardin redefining luxury watchmaking standards with their Freak X models - high complication watches with a sub S$50,000 price point?

Vietnam’s semicon ambition cramped by talent shortage; packaging, design segments hold promise The promising nation should prepare to have a wafer fab by grooming talent in the fields of semiconductor materials and chip…

Lawrence Wong to succeed PM Lee before Singapore’s next election “There is no reason to delay the political transition,” said PM Lee. “I have full confidence in Lawrence and his team.”

Singapore will never let standards slip or allow system to go corrupt: PM Lee “If you do something improper, sooner or later it will come to light. When it does, you will be investigated. And if it is proved that you did…

‘I am all in, heart and soul’: Lawrence Wong, on taking on PM job “The people’s support is not a given. The PAP may have won every election since 1959, but we can easily lose the next,” he said in a speech at the PAP’s a…

Malaysia aims to attract foreign investments in EV, chip industries: trade minister EVs are a “natural progression” for Malaysia, which has an established electrical and electronics industry, especially in semiconductor…

DBS chief Piyush Gupta’s top tips for leadership in the AI era “People sometimes call data the new oil. I call it the new air, because it is everywhere, and it knows no boundaries. The future of the world will belong to…

Investors struggle in South-east Asia as private funding falls to 6-year low There is pressure for investors to return capital to their limited partners, but half partially met or did not meet divestment targets.

#BTLifestyle: Discovering Chilean cooking at Araya Experience the unique fusion of Chilean, Spanish, Japanese & Brazilian influences with a tasting menu at S$298.

#BTLifestyle: Renowned architect Piero Lissoni on the art of design Through a blend of simplicity, detailing, and timeless elegance. With projects ranging from huge architectural designs to everyday objects like a toothb…

#BTLifestyle: New hotel openings ramp up Singapore’s F&B landscape All-day-dining fare is a thing of the past as hotels team up with star chefs and independent restaurateurs to create exciting food concepts.

#5Questions with Philippine tech evangelist Minette Navarrete "The Philippines isn’t the first market that comes to mind when you think of innovation and tech in South-east Asia, but in the last decade there have been pr…

Pure-play digibanks here to stay despite banking disruptions and online scams Do digital banks really have superior technology? Or could the lack of disruptions have more to do with their short track records and smaller…

#Brunch: Singapore fans play the K-pop merch game What's driving the surge in K-pop merchandise sales in Singapore? It's not just star power but also gamification and enterprising fan-resellers.

Frasers Property bought carbon credits from controversial Zimbabwean forest project Frasers purchased the offsets from South Pole, which was widely reported to be the world’s largest carbon consulting firm and the bigges…

1,614 more COEs for categories A, B and C vehicles from November to January These will be available from November this year to January 2024 and supplements an earlier reallocation announced on Oct 13.

Maersk to cut 10,000 jobs as freight rates pressure profitability Maersk said it expects to save US$600 million through the job cost measures.

Pearl’s Hill to get about 6,000 new homes after more than 40 years: URA The plans, under Draft Master Plan 2025, are part of the “Shape a Happy Healthy City” theme, and include new neighbourhoods such as Pearl’s Hill and…

MOF, Iras consult on offering broad-based grants to businesses Iras is looking into introducing offences and penalties for misrepresentation of information to deter fraud and abuse.

Nets QR, eNets services resume after facing intermittent issues on Friday Based on comments on Reddit, some customers were able to pay with certain apps, while others were apparently unable to do so.

Cuscaden Peak upbeat on Singapore’s retail scene as it opens The Woodleigh Mall Cuscaden Peak announced it had achieved full occupancy at its newly opened mall – The Woodleigh Mall – at Bidadari estate.

Singapore’s PMI improves in October as regionwide factory activity stays weak However, the manufacturing sector’s recovery is still uncertain, given that the electronics sector’s turnaround has yet to stabilise.

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers The verdict came just shy of one year after FTX filed for bankruptcy in a swift corporate meltdown that shocked financial markets and erased his est…

HK investment firm ZQ Capital buys Popular bookstore chain for undisclosed sum: Zaobao Popular Holdings’ businesses include the Popular and other bookstore chains in Singapore, Malaysia, China and the United States.