The Business Times

Singapore’s core inflation eases more than expected in July; headline inflation maintains pace Core inflation is at 2.5 per cent, while headline inflation at 2.4 per cent in July.

Inflows of Singapore unit trust funds jump 88.9% in Q2: Morningstar CPFIS funds’ average return is 3.1 per cent in Q2, down from 4.9 per cent in Q1.

Scam victims in Singapore lost S$385.6 million in first half of 2024 as number of cases hits high of 26,587 If the trend continues, scam losses could exceed S$770 million by the end of 2024.

Start your day with BT ☕️: Stocks to watch: Marco Polo Marine, CapitaLand India Trust, Far East Orchard Top stories 1. Lifestyle: Singapore’s fine-dining scene in dire straits; more closures expected before year end 2. C…

'Singaporeans are just not spending here': Lean times for Singapore’s fine-dining scene; more closures ahead “They rather eat in Japan, and you can’t blame them. With the rise in GST, it’s very expensive to eat here beca…

AI is exciting, but look elsewhere for innovations too BT asked investment experts and heads at 11 leading private banks for the innovations they are most excited about. HSBC's Jeffrey Yap says, "As global temperatures r…

Binance hiring 1,000 as compliance spending tops US$200 million Binance plans to have a 700-strong compliance workforce by the end of 2024, up from about 500 currently, said the 55-year-old CEO Richard Teng.

Amazon unveils AWS Asia Pacific (Malaysia) Region with US$6.2 billion investment This follows AWS’ commitment from last year to invest about US$6 billion to establish an AWS Region in the country.

Maximum CPF daily withdrawal limit to be lowered from S$200,000 to S$50,000 as anti-scam measure They can also disable online withdrawals by activating the CPF Withdrawal Lock, which instantly sets the limit to S$0.

SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates Analysts expect crude palm oil prices to remain firm in near term.

AIA Singapore’s new business value rises 27% in H1; new recruits up by 13% Annualised new premiums are 57 per cent higher year on year at US$417 million.

More businesses plan to raise hiring in the next year, despite expectations for the economy remaining mixed: SBF poll Worries remain about higher manpower cost, tighter workforce policies and limited local talent.

Temasek prices 1 billion 10-year and 1.7 billion 30-year offshore Chinese yuan bonds The 10-year bond has a yield to maturity of about 2.8 per cent per annum, while that of the 30-year bond stands at 3.1 per cent per ann…

Singapore’s platform worker protections kick in from Jan 2025; more cash support for CPF contributions “This means that the government is paying fully for platform workers’ CPF contributions in 2025. Platform workers wil…

United Food Holdings says it will be delisted for failing to address issues raised in auditor’s report Trading in its shares have been suspended since September 2021; the company has also not met criteria to exit watch-l…

Start your day with BT ☕️: Stocks to watch: StarHub, LHN Top stories 1. Companies: Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart 2. Singapore: Philippine ex-mayor linked to Chinese crime…

New skills recognition initiatives for built environment and infrastructure sectors, HR professionals This will allow individuals to obtain the Chartered Engineering Technologist certification in the built environment an…

Shifting approaches: From asset allocation to the whole portfolio advisory Cross-product advisory approach helps Bank of Singapore meet clients’ evolving needs. Brought to you by Bank of Singapore

Fed confronts up to a million US jobs vanishing in revision A downward revision to employment of more than 501,000 would be the largest in 15 years and suggest the labour market has been cooling for longer – and perhaps…

DBS launches 500 million yuan green loan facility for Envision Energy to develop wind turbine farm in China It is the first South-east Asian bank to tap the People’s Bank of China’s carbon emission reduction facility pro…

StarHub appoints DBS executive Han Kwee Juan as independent director He will also be appointed as a member of the telco’s risk and sustainability committee.

BYD to self-import luxury brand Denza in Singapore; appoints Sime Darby unit and Harmony Auto as dealers China EV maker adopts self-distribution model of German luxury brands for improved margins.

Commercial vehicle COEs up 1.8% to S$72,400, passenger car premiums steady Motorcycle category saw the largest drop of 3 per cent.

#BTOpinion: Lessons to grow the local stock market from fantasyland’s Great Eastern-Income Insurance union Will business owners sacrifice near-term value to help develop Singapore’s bourse?

The MAS and CAD naughty list In recent months, companies and individuals have made the headlines for offences ranging from insider trading to bribery cases.

Temasek launches dual tranche offering of 10-year and 30-year offshore Chinese yuan bonds This comes under its US$25 billion guaranteed global medium term note programme.

Sats back in the black in Q1 on growth in air cargo volume and inflight meal demand It posts net profit of S$65 million as revenue rises to S$1.4 billion, up 15.5 per cent.

More than 300 OCBC bank accounts linked to scammers frozen by police, S$1.8 million seized The police said they observed an increase in suspicious activity in local bank accounts opened by foreigners.