The Business Times

Iswaran’s lawyers contest prosecution’s call for separate trials related to Ong Beng Seng, David Lum The charges against him relate to his respective dealings with billionaire hotel and property tycoon Ong Beng Seng and…

UOB CEO ‘cautiously optimistic’ on 2024; Q1 profit down 1.6% to S$1.49 billion Delayed rate cuts may boost the lender’s net interest margin.

‘Limits’ to MOH intervention for Cordlife customer refunds, compensation: Janil “Government cannot overstep the law,” he said.

SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground Total market turnover volumes for the month rose to 37.1 million shares from 18.6 million shares in the same month last year.

Trade between Singapore and Asean was at S$295.6 billion in 2023 This was about 14% lower than the total trade in goods in 2022.

#BTOpinion: Tiger Balm maker Haw Par should show its stripes, hunt for growth in alternative segments If Haw Par goes on the hunt for acquisitions to boost its growth, perhaps investors would be more willing to bite into…

Start your day with BT ☕️: Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit Top stories 1. Companies: DBS CEO Piyush Gupta sells S$2.7 million worth of bank shares 2. Inter…

UOB Q1 profit down 1.6% to S$1.49 billion The earnings beat the mean estimate of S$1.43 billion from three analysts polled by LSEG.

Iras to claw back S$60 million from buyers who used ‘99-to-1’ loophole to avoid ABSD As at April, Iras has completed the review of 187 such 99-to-1 cases, of which 166 cases were found to have involved tax avoidance

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MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services “MAS is closely monitoring DBS Bank’s progress on the remaining deliverables and the effectiveness of the measures implemented,” an MAS spo…

Singapore’s millionaire population overtakes London’s: report Some 3,400 high-net-worth individuals moved to the Republic in 2023 alone.

Scoot begins flights with Embraer E190-E2 jet Nine new jets by 2025 will add to the budget carrier’s existing capacity and serve new destinations.

Singapore-based Princeton Digital gets green loan for US$1.5 billion Asia AI hub From Microsoft to KKR & Co, tech firms and financiers are bankrolling data centres across Asia to support an accelerating boom in artificia…

Amazon’s AWS commits extra S$12 billion to boost Singapore cloud infrastructure It will also launch a programme to drive AI adoption in the country.

Possible class action lawsuit against Cordlife by customers could take at least 2 years Due to the different circumstances faced by each affected family, partners at law firm Withers KhattarWong say the case has many com…

VinFast’s EV ambitions get a reality check as shares plunge 65% It plans to almost triple vehicle delivery this year to 100,000, but had barely hit a 10th of that goal in the first quarter.

Start your day with BT ☕️: Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA Top stories 1. Property: No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price 2. Economy…

BlackRock triples annual investment in Apac real assets In keeping with its increased commitment, the world’s largest asset manager has beefed up its private markets talent pool in the region.

No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price This was the fifth collective sale attempt by the Ulu Pandan condominium development since 2008.

Suzhou Industrial Park: The crown jewel of China-Singapore relations celebrates its 30th year Three decades ago, on May 12, 1994, the Suzhou Industrial Park (SIP) project officially commenced with the tapping of utility…

Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste The national carrier aims to have at least 5% of sustainable aviation fuel in its total fuel uplift by 2030.

#BTOpinion: It is time to put idle cash back into the market Instead of transferring your funds from bank to bank to seek out higher interest rates, it’s probably time to put your money back into the market.

HDB resale volumes recover in April as fewer BTO launches drive demand to secondary market Resale prices rise for seventh straight month.

#BTOpinion: Interests of OCBC and Great Eastern’s minority shareholders are fundamentally misaligned The insurer should address the matter of its top executives receiving a significant proportion of their remuneration in…

Singapore’s Anywheel gets green light to expand fleet to 35,000 This extends Anywheel’s lead as Singapore’s largest bike-sharing company in terms of fleet size, years after the first wave’s dominant players fizzled. Its…