The Business Times

[JUST IN] Ong Beng Seng’s Hotel Properties halts trading ahead of charges The property tycoon’s criminal mention is scheduled later this afternoon. #BTExplains: Who is Ong Beng Seng, the F1 supremo involved in Iswaran’s…

Stocks to watch: UOB, Qian Hu UOB's Sydney branch is set to issue A$100 million (S$88.8 million) worth of floating-rate senior unsecured notes; Qian Hu's executive chairman Kenny Yap will be retiring from the directorial…

Start your day with BT ☕️: 1. Singapore: Off the rails but still on the clock: MRT disruption underscores need for flexible work 2. International: Malaysian minister says ‘no surprises’ in enforcing VEP on Singapore vehi…

Grab to set aside S$4 million for driver and rider benefits The new benefits include subsidised medical consultations for two visits a year and free annual flu vaccinations for the top two tiers, Sapphire and Diamond, of…

Media Circle serviced apartment site not awarded, S$461 psf sole bid too low: URA The one-north plot is the third site to go unawarded this year, pointing to a disconnect between developers’ views and government’s plans,…

[BREAKING] Ong Beng Seng to be charged on Friday in relation to Iswaran case Ong is out on agency bail of S$800,000, court record shows.

From heartlands to Hanoi: Summer Acai set to bring its recipe for success overseas Singapore’s comparatively smaller market will eventually lead to a slowdown in local outlet openings, admitted co-founder Jasmine Oh.

HR solutions provider Elitez eyes expansion in South-east Asia and beyond It plans to do more in existing markets, enter new ones, and go into more industries.

KLA to add about 400 new jobs when second phase of local expansion is complete in 2026 The company says that phase two of the facility’s expansion will bring its total capacity to 420,000 sq ft.

❤️🩺 Let's Have a Heart-to-heart Talk Can AI detect strokes or heart attacks? Learn how AI is revolutionizing healthcare and reducing cardiovascular mortality with renowned interventional cardiologist Dr Michael Lim at B…

Cloudy with a chance of closure: A failed recipe for Deliveroo, Grab and foodpanda Food delivery platforms have ended their cloud kitchen business in Singapore, though some dedicated operators remain upbeat even as Covid…

Private jet use, social media posts: Unpacking the controversies around Jokowi’s family Allegations snowball amid concerns of dynasty-building, with the spotlight on Shopee – a Singapore firm – and its Indonesian investm…

BREAKING: Iswaran sentenced to 12 months’ jail for accepting gifts as a minister, obstructing justice The prosecution had sought six to seven months, while the ex-minister’s defence lawyers had asked for eight weeks.

Singapore’s PMI up further in September amid cooling in regional factory activity Regional exporters such as Vietnam and Malaysia record declines.

Stocks to watch: Sabana Reit, Elite UK Reit, Dyna-Mac Sabana Reit to convene the requisitioned EGM on Oct 18; Hanwha Ocean SG seeks to buy over Dyna-Mac at S$0.60 a share through its voluntary conditional cash offer; and…

Start your day with BT ☕️: 1. Singapore: Cloudy with a chance of closure: A failed recipe for Deliveroo, Grab and foodpanda 2. Companies: S$67 billion: That’s the value of gold, silver in Singapore’s Fort Knox when fully…

#BTOpinion: Tempering CEO pay will help build a stronger local bourse What may rile investors is that some smaller listed groups also pay their top management seven-digit sums for a substantially weaker financial perform…

Dyson’s handling of retrenchment not in line with tripartite advisory: labour union Queried by The Business Times, Dyson reiterates on Wednesday that it is not disclosing the number of workers affected.

Dyson, Shein, Ninja Van layoffs: What rights do workers have when the axe falls? Whether an employee is entitled to a retrenchment payout may depend on the duration of their employment, internal policy or their individua…

Dock strikes could cost US economy US$5 billion daily Are shipping rates set to surge again? Dockworkers at 36 ports on the US East Coast and the Gulf of Mexico began striking on Tues (Oct 1), halting container traffic i…

LTA begins investigations into the disruption of services on East-West Line It says investigations are expected to be completed in a few months, with the findings made public.

Govt will do everything it can to help Singaporeans tackle cost-of-living concerns: PM Wong PM Wong added that in the longer term, the key to managing the cost of living is to ensure that Singaporeans continue to enjoy g…

Fragrance Group buys Katong Plaza for S$180 million This translates to a land rate of S$1,809 per square foot per plot ratio.

PODCAST: The Fed has finally cut its rates. So what does it mean for our investments and money? Howie Lim finds out from the experts. #moneyhacks #btpodcasts 🎧 Listen here: bt.sg/KWh8 Also available on Amazon, Apple, Sp…

Iswaran case may deter private-sector individuals from taking public appointments Under Section 21 of the Penal Code, they may be considered public servants for the purposes of prosecuting criminal offences.

Singapore public housing rated as highly attainable, affordable: reports One report ranks Singapore as 11th among the 94 major housing markets for affordability in 2023.

Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia Technology giants including Microsoft, Nvidia, Alphabet unit Google and China’s ByteDance have announced billions of US dollars worth of digital inve…

IMDA to probe MyRepublic for potential regulatory breaches after broadband outage Telecom operators must provide adequate redundancy, backups and diversity arrangements within their networks, says the authority.

Start your day with BT ☕️: 1. Singapore: Iswaran case may deter private-sector individuals from taking public appointments 2. International: Samsung’s Singapore staff not spared as it cuts thousands of jobs in global lay…

Stocks to watch: Sembcorp, OUE, Oxley Sembcorp Industries is settling a lawsuit against OK Lim and his children for US$50.9 million.