The Business Times

Should banks bear losses from scams? | Journalist Reacts Is MP Jamus Lim’s idea of consumers paying a cap of S$100 to S$500 on losses from scams fair? BT journalists Ben Paul and Jun Yuan examine if banks and telcos shou…

BUDGET PERSONALITY QUIZ: Do you worry about global warming or your wallet? Are you watching out for tax breaks, training schemes or more social support? Find out what you really want this upcoming Budget: bt.sg/STr2 For…

#Brunch: South-east Asia’s can collectors are helping to preserve our oceans Despite their critical role in South-east Asia’s waste ecosystem, informal waste workers face unstable incomes, social discrimination, and poor…

Police start process for DBS to sell shophouses linked to money laundering bust Some of these properties, BT had earlier found, were owned by companies linked to Chinese nationals Su Binghai and Su Fuxiang, who have been…

Grab, GoTo to revive talks for ride-hailing mega-merger: sources Options explored by the companies also include splitting up their main markets, with Grab gaining control of its Singapore home base and some other markets…

Marubeni, Engie weigh exit from Singapore’s Senoko Energy: sources Japan’s Marubeni Corp and French utility Engie are working with financial advisers on the potential divestment, which could kick off as soon as this mont…

Singapore’s growth ‘ought to be stronger’ in 2024; more support for families to come: PM Lee After “a steady year” in 2023, Singapore’s growth is hoped to be stronger this year – but this depends on whether the United St…

#BTExplains: How might Singapore stay competitive with tax changes under BEPS 2.0? Does Singapore have to rethink how it attracts foreign investment, and introduce new non-tax incentives? For more of BT's #SGBudget2024 c…

Meta giving up 7 office floors totalling 115,000 sq ft at South Beach Tower The tech giant will not be renewing its lease in the building expiring at the end of September this year. It is understood to have started movin…

📢 Here's how you can access a premium article for free! 📢 Sign up for a free account and gain access to 1 subscriber-only article on #SGBudget2024. Stay updated with the latest analysis and insights on the nation's big…

SoftBank posts first profit in five quarters with US$6.6 billion net income Net profit totalled US$6.6 billion in the three months to December, versus a 744.7 billion yen (S$6.73 billion) loss in the same period a year e…

#BTOpinion: Rejecting the ‘too-low’ bid for the Marina Gardens Crescent site risks missing the big picture The rejection of the sole bid for the Marina Gardens Crescent site represents a missed opportunity for GuocoLand…

Time to cut 15-month waiting period for ‘downgraders’, tweak ABSD, bring back estate tax: PropertyGuru Ahead of the Budget 2024 statement next Friday (Feb 16), property portal PropertyGuru Singapore has put up these thre…

No one can be sure what amount is ‘enough’ when it comes to Singapore’s reserves: PM Lee “We can never say for sure how much is enough, because we don’t know what kind of crises we will face in the future or how our inve…

Iswaran allowed to leave Singapore to settle son in at university; case transferred to High Court He intends to leave Singapore from Feb 16 to Mar 4.

Marina Gardens Crescent site not awarded as sole bid ‘too low’: URA The site will now be made available on the reserve list of the first half 2024 Government Land Sales (GLS) Programme.

Ringgit continues downward spiral to hit fresh low of RM3.55 to Sing dollar Over the past 20 years, the ringgit has fallen by 60% from the point when one Singdollar could buy RM2.24.

Money laundering accused charged with submitting forged documents to cheat StanChart, Bank of Singapore Su allegedly submitted three sets of false annual reports for a company, Xiamen Zhou Hang Mao Yi You Xian Gong Si, t…

Ex-CEO of Aon Singapore, ex-directors of Fullerton Healthcare charged with corruption The three individuals from FHC and FHG are David Sin, former board chairman and president of FHC; Daniel Chan, former director of FHG,…

The Singapore banker who tried to be Gandalf After more than 14 years leading DBS, the wizard of Asian banking is running out of time: Succession is on the horizon.

5 Questions with MoneySmart founder Vinod Nair MoneySmart founder and chief executive Vinod Nair was almost the first to list a Singapore startup on the Singapore Exchange via a reverse takeover (RTO). In this month’s ed…

A final farewell to banking tycoon and former UOB chairman Wee Cho Yaw UOB employees turned up in the hundreds on Wednesday (Feb 7) as they bade a final farewell to the bank’s late former chairman Wee Cho Yaw, who died l…

CSA works with Google to block sideloading of potentially risky Android apps The new feature will block apps with four sensitive permissions that allow it to read SMSes, receive SMSes, use the accessibility service and l…

Singapore’s debt situation ‘manageable’; bankruptcy, winding-up below pre-Covid levels: Alvin Tan MAS's stress tests also show that most corporates and household borrowers have adequate buffers to manage shocks to income…

DBS chief Piyush Gupta takes 30% variable pay cut over banking outages Variable pay of the group management committee is collectively reduced by 21%, while Gupta will take a deeper cut of 30%.

'Black market' loophole in Cat C COE Category B posted the most significant decrease, dropping by 8.6% or S$9,662 to S$102,338.

‘Are you serious?’: OK Lim’s lawyer Davinder Singh squares off with Hin Leong ex-employee Singh noted that there were multiple instances where Seng had told untruths – both in statements to the CAD as well as in court wh…

Taylor Swift kicks off Asia tour with 34 billion yen Japan impact Spending on tickets, merchandise, food, hotels and other related activities are on track to total an estimated 34 billion yen (S$309 million).

Alleged nickel trading scammer Ng Yu Zhi slapped with two new charges of forgery, money laundering This brings the total charges he is facing now to at least 108.

Cost of living may prompt more top-ups, transfers for families in Budget 2024 More handouts to households are likely to come in Budget 2024, said economists, as high inflation and sluggish wage growth continue to weigh o…