The Business Times

Reddit in AI content licensing deal with Google: sources Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence (AI) models…

Wee family members ‘welcome’ as part of bank succession if they have passion, desire: UOB CEO “Yes, if the family members are interested, they’re more than welcome. But I think they need passion, they need love, and they…

Former YuuZoo CEO charged; Interpol Red Notice issued for ex-chairman Zilliacus Zilliacus – who made headlines last year after he put in a bid for Manchester United – is currently out of Singapore and has refused to retu…

Multinationals pick Singapore over Hong Kong for Asian headquarters The city state hosted regional headquarters for 4,200 multinational firms in 2023, extending its lead and dwarfing the 1,336 found in Hong Kong.

Unlock subscriber-only benefits and access news at your fingertips. Don't miss out and start reading today! 📩 Subscribe here

More Wall Street firms are flip-flopping on climate. Here’s why. In recent days, giants of the financial world including JPMorgan, State Street and Pimco all pulled out of a group called Climate Action 100+, an internati…

COE premiums dip for all categories except commercial vehicles COE premiums in February’s second round of bidding dropped for all categories except those for commercial vehicles. The price for Category A, for mainstream…

Neighbourhood doctors form co-op for lower costs, better care GP+ Co-operative’s mission includes keeping healthcare at the GP level affordable and deepening collaboration with other healthcare professionals.

#BTOpinion: Much ado about foreign buying of Singapore homes The small numbers of foreigners buying residential assets here did not appear threatening before. What changed?

China tourists push Singapore’s January visitor arrivals to new post-Covid high Arrivals from China surged more than 60% in January – to 211,194 visitors, from 130,207 a month earlier – even before a mutual 30-day visa e…

Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade More than half a million households are expected to sign up and benefit from the higher-speed network by 2028.

Digital banks should count on more than ecosystems, tech to expand in South-east Asia Digital banks have emerged in South-east Asia as a means to reach out to the underbanked or underserved segments in a cost-effective m…

Jack Ma’s wife said to have bought three adjoining shophouses on Duxton Road The shophouses are on sites with a balance leasehold tenure of about 63.5 years.

#BTOpinion: Stock markets are driving a new American century The US’s growing financial dominance may be making up for its declining influence in other realms.

Chinese tourists flock to South-east Asia as overseas travel bounces back Visa-free access for Chinese tourists to the South-east Asia countries boosted traffic and signalled a robust revival in travel since Beijing lift…

Ringgit falls to 26-year low but central bank upbeat about future economic prospects The ringgit fell 0.2% o 4.7965 against the dollar, its weakest level since an all-time low of 4.8850 in 1998 following the fallout from…

SIA Q3 earnings up 4.9% to S$659 million as North Asia markets fully reopen to robust passenger demand This was driven by robust passenger demand, led by a rebound in North Asian markets as China, Hong Kong, Japan and Ta…

Bangkok, Florida lose as airlines axe less frequented routes Manila and Jakarta, for example, have no direct services to London anymore, Kuala Lumpur has lost access to Frankfurt, and the Bangkok-Rome connection has evap…

Sembcorp executives guide for higher dividends, earnings as H2 profit rises 15% to S$412 million For the full year ended Dec 31, 2023, net profit was up 11 per cent to S$942 million, while revenue was down 10 per cent to…

Singapore developer to build luxury township near Cambodia’s new airport The flagship project called Marum Estate – located in Kandal province, just south of the capital – broke ground last October and is the size of rou…

Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart Two of the charges stated that Chen had in September 2021 instigated one Yin Hang Liu Shui Dian Hua to forge electronic…

HDB, condo rents slide in January, volumes rise: SRX, 99.co Both private and public housing rentals continued their decline in the first month of the year.

Digital wealth platforms report growing AUM, but have yet to see profits As interest rates remained high, customers started placing money into cash management products last year.

Grab-GoTo merger a quick fix but hard sell Grab and GoTo need a catalyst to capture investor interest once again. If there is a mega-merger in the works, it is bound to be a landmark deal that will take absolutely everyt…

Pine Grove owners lower reserve price to S$1.78b in fifth en bloc attempt An extraordinary general meeting was held on Jan 21 with owners signing a supplementary agreement to lower the reserve price to S$1.78 billion, fr…

The Singapore Edition, newest hotel on Orchard Road, opens its doors The hotel, located on Cuscaden Road, is a redevelopment of the former Boulevard Hotel by a consortium comprising City Developments Ltd (CDL), Hong Leon…

Google, Microsoft will dominate AI as computing costs surge Startup firms in artificial intelligence can’t afford to keep the lights on.