The Business Times

New laws ‘level playing field’ for corporate service providers, but could lead to industry consolidation The tightening regulations are a bid to stem money laundering-related activities in Singapore.

Sats, SIA Engineering and CAG join hands to develop autonomous buses for airport staff The three companies said this collaboration lets airside professionals focus on more complex activities, while presenting opportuniti…

Singapore-Laos clean power deal stuck over transmission: sources The power retail arm of Singapore’s Keppel and Electricite du Laos signed a renewal agreement on Jun 24, but Singapore has yet to sign deals with Thailand…

COE premiums largely flat in July’s second round of bidding The most significant change was the motorcycle category’s 2.1% increase.

Possible overpayments, weakness in controls among lapses flagged by national auditor Lapses in valuations and payments for work orders had possibly led to an overpayment of S$1.9 million to NParks’ contractors.

SIA expected to post lower earnings for Q1 FY2025, say analysts Still, the rebound in air freight rates is deemed as tailwind for the group and should provide some support to the company’s FY2025 earnings.

Allianz launches 1.5 billion-euro offer for 51% of Income Insurance at S$40.58 per share The deal comes as Allianz seeks to expand and strengthen its presence in Singapore.

#BTOpinion: IPO first-timers vs ex-listcos eyeing second bite of cherry: Let’s prioritise the former After having listed and delisted from SGX, it is puzzling that precision manufacturer Hi-P and exhibition provider City…

Swiss luxury watch market succumbs to a brutal China-led slump The double-digit drop in sales seen in the latest results mark a stunning reversal of fortune for an industry that enjoyed an unprecedented sales boom during…

Chip wars: Singapore SMEs get a boost from big players’ efforts to nurture ecosystem This “convergence of interests” happened when MNCs realised during the pandemic that their supply chains were fragile, and saw an urgen…

Start your day with BT ☕️: Stocks to watch: Singtel Top stories 1. Singapore: Chip wars: Singapore SMEs get a boost from big players’ efforts to nurture ecosystem 2. Opinion: IPO first-timers vs ex-listcos eyeing second…

Singapore key exports down 8.7% in June, dragged by non-monetary gold and electronics Non-oil domestic exports to Singapore’s top markets as a whole declined in June.

#BTOpinion: Lessons from OCBC’s offer for Great Eastern: be unafraid to hold out, but do so with eyes open Earn dividends from shares that are suspended from trading and wait for a richer future offer, says BT's Leslie Y…

About S$164 million of 1MDB-related assets in Singapore remain seized or prohibited from disposal: police This includes about S$101 million linked to Malaysian fugitive Jho Low and his family.

Sats signs MOU with SF Group to extend partnership to more global locations This came after Sats restructured its gateway services business into two new business units, Singapore Hub and Gateway Services Asia-Pacific.

Temasek aims to invest up to US$12 billion in India as it turns cautious on China India accounts for 7% of Temasek’s global exposure which it wants to increase further.

[Letter to the Editor] Grab’s proposed acquisition should not be allowed to proceed Moreover, there are some serious service shortcomings it needs to address urgently. Its training of drivers, for example, leaves much to…

Elon Musk pledges US$45 million a month to electing Trump Musk’s donations will go to a political group dubbed America PAC, which will focus on promoting voter registration, early voting and mail-in ballots among residen…

🎙Hear, Hear! Get weekly money tips with revamped Money Hacks podcast Looking for ways to grow your money? Money Hacks by The Business Times is now weekly! Get diverse insights and expert advice to boost your financial f…

Is Singapore losing out on the AI chip boom? Opened in 1969, the Texas Instruments plant at Kallang Basin was then the world’s largest manufacturer of semiconductors and one of the earliest semiconductor investors in Sin…

Flexibility, versatility of life insurance makes it crucial puzzle piece in legacy planning: Manulife Cash element can be tailored to meet varying needs of the rising HNWI population in Asia. Brought to you by Manulife b…

Wilmar CEO’s nephew, sister-in-law paying S$49 million for Astrid Hill GCB The bungalow, which has a total built-up area of 12,000 sq ft, features six bedrooms, a swimming pool, a gym and an entertainment room.

Start your day with BT ☕️: Stocks to watch: SIA, Yangzijiang Shipbuilding, Q&M Dental, Elite UK Reit Top stories 1. Singapore: Is Singapore losing out on the AI chip boom? 2. Economy: Singapore depends on multi-national…

SIA Group passenger traffic up 7.2% in June Demand was driven by the mid-year school holidays and summer travel season.

Developers’ new home sales sink to lowest on record for H1 after slow June The current H1 sales figures are even lower than those registered during the global financial crisis, when only 2,287 units sold in H1 2008.

Sound reasons to ease rules on letting out homes for short stays Let tenants stay in HDB homes for less than 6 months and private homes for under 3 months, suggests BT's Leslie Yee. Some flexibility would enhance choice…

Sea picks Trust Bank’s Natalia Goh to be Maribank CEO Goh is replacing Yu Dong Zheng as the CEO of the MariBank unit, and Zheng will become an adviser to the company.

Astrea 8 bonds: Riding on strong track record and improving PE landscape Earlier issuances of Astrea bonds have enjoyed credit rating upgrades, which are testament to their quality.