The Business Times

From tech to financial services: Layoffs and job cuts in 2025 Technology and financial services sectors are the hardest hit, with giants such as Meta, Amazon and HSBC cutting back on staff.

DBS CEO Sees Job Cuts of 4,000 Temp Staff as AI Replaces Roles Permanent staff will not be affected, says CEO Piyush Gupta.

Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets President Prabowo Subianto is trying to return Indonesia to the 8% economic growth not seen since the mid-1990s during the era of authorita…

ETC, OrangeTee to merge, eyeing regional expansion Desmond Sim, who is currently CEO officer of ETC, will be group CEO of the new entity. Justin Quek, OrangeTee & Tie’s CEO, will be the group deputy CEO.

Singapore’s core inflation slows sharply to 0.8% in January, but official forecasts stay unchanged Headline inflation also came in lower than economist estimates, at 1.2%.

#BTOpinion: MAS review group disappoints, then delivers My sense is that there is still a great deal of doubt in the market regarding whether the MAS review group will ultimately succeed, says BT's Ben Paul.

Singapore buyers could indirectly benefit from Australia’s property ban on foreigners: analysts “Given the supply constraints in Sydney in particular, we are seeing a flight to quality on new stock that is released into…

Olam to sell 44.58% stake in Olam Agri for US$1.8 billion After the sale is completed, Olam can exercise a put option to sell its remaining 19.99% stake to Saudi Agricultural and Livestock Investment Company.

Start your day with BT ☕️: Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture Top Stories: 1. Companies: Initial plans to revive equities market may treat the symptoms but fall short of a…

Parktown Residence mega project sells over 87% of units at average of S$2,360 psf Most buyers were Singaporeans purchasing for their own stay or investment.

#BTLifestyle: Zegna unveils the most luxurious wool you’ve never heard of Zegna is flexing its expertise in a whole new way with Vellus Aureum, a collection built around the rarest, finest wool on the planet.

Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash Warren Buffett used his annual shareholder letter to caution Washington to spend money wisely and take care of those who get the “short…

Tax incentives proposed by MAS review group not a ‘silver bullet’, say experts “We hope that the proposed incentives will be straightforward to avoid creating confusion for aspiring companies exploring listing,” says an…

Meta reduces stock options for staff despite trading at record highs: FT Most employees have been told they would receive about 10% less equity this year.

#BTLifestyle: New Chinese restaurant YongFu delivers a true taste of China The Suntec City restaurant serves up unexpected flavours in quietly opulent surroundings.

Budget 2025 about strengthening Singapore’s social support system and economy: PM Wong PM Wong said he hopes the S$143.1 billion spending plan will give Singaporeans the confidence that there is a plan to take the nation…

Singapore’s subdued IPO scene set for a rebound in 2025: analysts Delistings have outpaced new listings on SGX, with more Singapore companies choosing to list on global exchanges.

#BTOpinion: Higher carbon taxes may be needed for Singapore to meet its 2035 climate targets To achieve an aggressive reduction in its emissions, a carbon tax rate above S$80 would likely be required.

#BTOpinion: Everybody’s Budget; everybody’s birthday, again Many business owners will undoubtedly appreciate such a carefully crafted Budget that enhances our technology and innovation engines, while providing respite fr…

#BTOpinion: STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the eco…

#BTLifestyle: Can you turn your private apartment into a dual-key unit? This interior designer shows how – with her own home Her family’s needs are met with careful planning and a major overhaul of the apartment’s origin…

Trust Bank hits one million customers, launches investment products Each client makes an average of 21 credit card transactions a month, totalling more than S$4 billion in credit card spend in 2024.

EDB managing director Jacqueline Poh named JTC’s new CEO Jacqueline Poh, managing director at EDB, will replace JTC’s current CEO Tan Boon Khai as he leaves to pursue other interests, said MTI.

Peter Kwee registered properties in daughter’s name to avoid estate duty: lawyers Tycoon’s legal team says he ‘genuinely believed’ that placing properties under family members’ names would allow him to retain ownership o…

Freehold River Valley Apartments sells for S$56 million to Singapore family office Owners of River Valley Apartments stand to receive S$2 million to S$2.6 million, depending on their unit sizes.

Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat The move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection fo…

[JUST IN] Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market The new S$5 billion Equity Market Development Programme will channel funds to asset managers with a “strong investmen…

Exodus of F&B tenants from National Gallery after leases not renewed in major museum refresh Several restaurant owners who spoke to BT felt that they should have been consulted earlier about National Gallery’s plans, and…