The Business Times

HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike In just six weeks, Elhedery has already reshuffled his senior management twice, kicked off the sales of businesses in South Africa, Malta, and Fran…

#BTOpinion: Is Sydney the new London for investing in commercial property? Some Singapore companies seem to think so Given the positive outlook and favourable market conditions, it would be no surprise if more firms seiz…

Mapletree Logistics Trust to shrink China footprint to rejuvenate portfolio MLT’s manager sees potential opportunities in emerging markets such as Vietnam and India.

Orchard Road Christmas light-up expected to draw up to 5 million visitors this year, on a par with pre-Covid levels To draw crowds, the Orchard Road Business Association will be rolling out new initiatives such as a bar-…

McDonald’s linked to dozens of food poisonings, one death in US Ten people have been hospitalised, including one child with haemolytic uraemic syndrome – a serious condition that damages blood vessels in the kidneys.

COE premiums inch downward, led by motorcycle and commercial vehicle categories Passenger car categories drop by less than 2 per cent, motorcycles post largest decrease.

Four Seasons Park unit almost doubles in price in under 4 years, tops Q3 resale winners Share of loss-making resale transactions continue to inch down, thanks to resilient prices and demand.

Garcha Group to sell Duxton Reserve hotel; reserve price more than S$90 million Property is located at 80 and 83 Duxton Road on a site area of 9,775 square feet.

Singapore inflation marginally higher than expected in September; headline at 2%, core at 2.8% Both figures are higher than economists’ forecasts.

Once you try a four-day work week, it’s hard to go back "I don’t want to work on Fridays any more. I just don’t,” says a participant in the four-day work week trial express in Germany.

Lee Hsien Yang’s claims of political persecution are without basis: Govt Lee Hsien Yang said that Singapore’s Government had turned on him after he endorsed the opposition, and that despite its economic prosperity, “ther…

Ex-Julius Baer banker involved in S$3 billion money laundering scandal to plead guilty to abetting forgery The charge relates to abetting Lin Baoying, the only woman convicted in the case, to submit a forged tax document…

Stocks to watch: Mapletree Logistics Trust, CapitaLand Ascott Trust, Keppel Infrastructure Trust, Parkway Life Reit Mapletree Logistics Trust posts 10.6% fall in DPU to S$0.02027; CapitaLand Ascott Trust divests its prop…

Start your day with BT ☕️: 1. Singapore: Singapore blocks 10 foreign-linked websites in crackdown on potential hostile disinformation 2. Companies: UOI profit before tax down 2% to S$22.1 million amid fall in net insuran…

HSBC revamps organisational structure; names Pam Kaur as group CFO Pam Kaur will be HSBC’s first female financial chief since the bank’s establishment in 1865.

Some 14,000 new homes planned in Sembawang and Woodlands More than 80% will be set aside for public housing flats, with the first BTO project slated to launch in February 2025.

Airbus A380 finds favour with airlines amid planemakers’ delivery delays These super jumbos are particularly useful to increase capacity in slot-constrained airports given their seat capacity, say consultants.

UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan The bank could become the first financial institution to list a panda bond on SGX.

Sand Castle mansion lists for US$108 million in San Diego record “I take pride in the entire property, but another part I am especially proud of is the nautical-themed bar, which resembles the bar on my yacht,” says its…

Why the green, digital economies are a strategic focus for Singapore and Asean At the recent Asean Summit in Laos, PM Wong brought up these priority areas in almost all his speeches and bilateral meetings.

PODCAST: Transform your travel experience and save significant amounts of money with air miles accumulation. #moneyhacks #btpodcasts 🎧 Listen here: bt.sg/wUR5L Also available on Amazon, Apple, Spotify & YouTube Music

‘I am a political refugee,’ says Lee Hsien Yang; reveals he sought asylum in 2022 Lee Hsien Yang left Singapore on Jun 15, 2022, after the police asked him and his wife Lee Suet Fern to assist in investigations.

Seatrium bags S$100 million in contracts for repairs, upgrades The new contracts encompass a range of “complex projects” including carbon capture and storage retrofits.

Singapore to import low-carbon electricity from Australia’s mega solar project With over US$170 million invested thus far, the conditional approval gives SunCable the go-ahead to move on to the next development phase.

Dyna-Mac chief AC Lim stays cool amid takeover offer tussle, remains focused on steady growth After taking the helm in 2020, CEO AC Lim managed to bring Dyna-Mac back from the brink of bankruptcy - so much so that the co…

Singapore seeks proposals on regulatory sandbox for virtual power plants “To increase the sustainability of our power supply, we will need to develop and study every possible decarbonisation pathway, while safeguarding o…

Start your day with BT ☕️: Stocks to watch: Keppel, Sembcorp, Seatrium, Keppel Reit, AcroMeta 1. Companies & Markets: HDB shophouses gaining ground among investors 2. Companies: Dyna-Mac chief AC Lim stays cool amid take…

HDB shophouses gaining ground among investors Are HDB shophouses the new hot investment? Transactions for shop assets in public housing estates are rising, thanks to relatively high yields of 4-6% ➡️ Who are buying HDB s…

#BTOpinion: Downside-protected ETFs probably aren’t worth your time, unless you’re short on time Such ETFs try to provide investors the best of both worlds: investing in strong equity markets, such as the S&P 500, while…

#BTOpinion: Government agencies should step up communications on outlier property transactions Government agencies should proactively provide context to outlier property deals for the benefit of consumers and ultimately…