The Business Times

Start your day with BT ☕️: Stocks to watch: Cosco Shipping, Keppel DC Reit, Sembcorp Industries, Cromwell E-Reit Top Stories: 1. Companies: Allianz pull-out ‘provides clarity’ on Income’s special position 2. Internationa…

#BTOpinion: Silver lining in the scrapping of Allianz’s offer for Income Insurance For now, in the absence of a strategic partner, Income will have to hunker down and focus on gaining competitiveness in its core business…

Asia-Pacific aviation growth to slow, profits squeezed on easing demand and supply chain issues Demand has not matched increased capacity in 2024, which has eaten into the earnings of some regional airlines, including SI…

Can you buy too much health insurance for your own good? Individuals who are not discerning enough with their policies often pay costly premiums, but do not get sufficient protection.

KidZania Singapore operator Sim Leisure dreams of creating Asia’s theme parks of tomorrow Founder Sim Choo Kheng notes that theme parks are usually unprofitable because they require huge investments to build up, and reve…

Over 8,000 platform workers born before 1995 opt for increased CPF contributions as of Dec 2024 The rationale for this is that this group has greater need for CPF contributions for housing needs, and they would benefit m…

Economists weigh in after Tesla CEO Elon Musk says Singapore is ‘going extinct’ amid low birth rate “Musk is not wrong… Academics have been saying for years that if left as is, if the ageing population problem is not add…

China to deepen economic ties with Asean, focusing on high-growth sectors Total FDI from China into Asean surged to US$17.6 billion in 2023, with a focus on EVs, semiconductors & renewables.

Microsoft makes push for AI adoption in Singapore in areas from firefighting to healthcare “The patients themselves said: ‘For the first time, the doctor is not looking at the computer, but looking at me,’ says SingHealt…

Hong Leong Asia appoints MOM perm sec Ng Chee Khern as board member He is the brother of NTUC secretary-general Ng Chee Meng.

Dyna-Mac fires CEO following review of business after close of Hanwha’s exit offer As the board of directors wanted to identify areas where the strategic direction and operations can be improved, it terminated Lim Ah Che…

Start your day with BT ☕️: Stocks to watch: CapitaLand Ascendas Reit, Cromwell E-Reit, SIA Top Stories: 1. Singapore: Microsoft makes push for AI adoption in Singapore in areas from firefighting to healthcare 2. Companie…

Singapore key exports rebound in November, buoyed by electronics There was a 23.2% year on year surge in electronic shipments, due mainly to integrated circuits and disk media products

Eight CPF-related changes to take place in 2025 1. The CPF monthly salary ceiling will be raised to S$7,400 2. Closure of Special Account (SA) for members aged 55 and above More changes you need to know: bt.sg/9MVi

Malaysia PM Anwar appoints Thailand’s former premier Thaksin Shinawatra his adviser on Asean “Thank you for agreeing to this because we need the benefit of the experience of such a statesman,” Anwar said of Thaksin.

Ministers to send letters of demand to Bloomberg, other media outlets over ‘libellous’ statements Law and Home Affairs Minister K Shanmugam and Manpower Minister Tan See Leng will be issuing letters of demand in relation…

#BTOpinion: More property cooling measures? Locals buying their first homes could be hit Applying ABSD of 5% to locals and 10% to PRs who purchase HDB resale flats costing more than S$1 million may help to cool a strong…

[JUST IN] Allianz confirms withdrawal of offer for Income Insurance This follows the Singapore Government’s announcement on Oct 14, expressing its views on why the transaction should not proceed on its present terms and…

Singapore’s new home sales more than treble in November with 2,557 units sold This comes as developers launch six projects and 2,871 units in the month.

NRIC numbers may not be secure enough for authentication purposes, but how will companies adapt? MDDI had previously suggested that NRIC numbers should not be considered sensitive. However, compliance teams had taught ba…

No rush for MAS to ease monetary policy early in 2025, as uncertainty over Trump lingers Economists say that Trump’s proposed tariffs in January could worsen Singapore's growth outlook or create inflationary pressures.

The changing landscape of petrol stations in Singapore: What lies ahead? Some 2 million sq ft of land could potentially be primed for repurposing; it can be converted into mixed-use developments with EV charging stations…

As agencies apologise over NRIC confusion, concerns over scam risk and privacy loss remain Pandora’s box has been opened, says this writer. Business leaders and politicians likely had their NRIC numbers leaked at this po…

Start your day with BT ☕️: Stocks to watch: UOB, CapitaLand Investment 1. Singapore: No rush for MAS to ease monetary policy early in 2025, as uncertainty over Trump lingers 2. Property: The changing landscape of petrol…

#BTLuxe: Conquering the Pacific Ocean Crossing the world’s largest body of water is a lesson in what makes life unforgettable.

#BTLuxe: Sacha Leong: A designer’s Christmas list The London-based interior designer who created some of Singapore’s trendiest F&B spaces talks about his approach and the gifts he’d like to receive.

Seizing opportunities in Asia’s new growth frontiers | Roundtable highlights With Trump 2.0 potentially intensifying geopolitical and trade tensions, especially in Asia, how can SMEs proactively adapt to manage risks suc…

#BTOpinion: From TikTok to Nvidia, the tech war is getting uglier ByteDance’s current dilemma is a taste of what’s to come as more firms will get pinched from both the US and Chinese sides.

As 2024 draws to a close, we examine the lives of five prominent businessmen who died this year and their legacies, which left a big impact on the business world. Read more:

#BTLifestyle: Art and Art Deco When this homeowner moved into the three-storey house, he turned his family’s memories into a colourful mural painted on a long boundary wall by the swimming pool.