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The Business Times

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South-east Asia's leading financial news site.

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Пости за Березень 2025

326 публікацій

Economists keep 2.6% forecast for Singapore’s 2025 growth, fewer expect looser MAS policy in April: survey Geopolitical tensions, including from higher tariffs, remained the most-cited downside risk to the domestic outlo…

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Trendlines terminates subsidiary CEO Anton Wibowo for stealing US$2.1 million Stephen Rhodes, the group's founder and chair emeritus, will helm Trendlines Agrifood Innovation Centre following Anton Wibowo's dismissal.

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Start your day with BT ☕️: Stocks to watch: Sembcorp, Thomson Medical, Prudential, Trendlines, Ping An Insurance, Abundance International Top Stories: 1. Property: Top three floors at 20 Collyer Quay transact for S$91.8…

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US Fed holds rates again, flags increased economic uncertainty The US Federal Reserve paused interest rate cuts again on Wednesday (Mar 19), as it navigates an economy unnerved by President Donald Trump’s stop-start tari…

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Siemens’ new Singapore factory on track despite move to cut 6,000 jobs globally The company is unable to confirm yet whether, or how, the workers in its Singapore office will be affected, says a spokesperson for Siemens…

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Singapore government will take industry feedback seriously as business ties grow more important: PM Wong PM Lawrence Wong says the government’s partnership with enterprises will become increasingly important for Singapor…

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Richest woman in Indonesia loses US$3.6 billion in just three days As Indonesia’s benchmark stock index plunged on Tuesday, the net worth of Marina Budiman - the cofounder of data center company DCI Indonesia, halved.

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COE prices rise across the board; Cat B hits S$116,890, highest since December 2023 Meanwhile, the premium for Category A COE climbed 1.9% to S$94,502, from S$92,730 - the highest price set for this category of COEs so f…

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Cathie Wood says most memecoins will end up ‘worthless’ “If I have one message for those listening who are buying memecoins: buyer beware,” said Wood. “There’s nothing like losing money for people to learn."

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Gaga Ooh La La! Lady Gaga fans turbocharging SIA ticket sales The shows, set for May 18-24, could well fuel SIA’s revenue and earnings growth for Q1 of its financial year ending in March 2026.

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Indonesia rushes to ease buyback rules as market turmoil triggers urgent action The move, aimed at restoring investor confidence, comes on the heels of a sharp decline in the local stock market yesterday, which triggered…

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#BTOpinion: After regional coups for Gaga and Swift, Singapore should aim to be the natural, not just negotiated, concert choice Unlike Swift’s S-E Asia-exclusive stop in 2024, no government grants were given for Gaga’s…

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Singapore’s retrenchments grow in Q4, but job vacancies also rise There were several “high-profile retrenchments coming from certain companies” that contributed to the increase, said MOM. ➡️Job cuts in Singapore so far:

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55,000 drivers for 90,000 private hire cars: Crunch continues even as Singapore’s demand keeps rising “Post-Covid, when earnings were higher due to a shortage of drivers, we drove around 8-10 hours a day for S$300. But t…

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Start your day with BT ☕️: Stocks to watch: ST Engineering, Keppel DC Reit, Xiaomi Top Stories: 1. Singapore: Singapore’s Employment Act review may include changes to leave entitlements, workers’ protection: observers 2.…

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Rich Chinese alleges family office staff misused US$56 million Zhong Renhai, the owner of Lee Fung International and family office Panda Enterprise in Singapore, is suing four former staff in Singapore for allegedly misa…

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Confidence in growth outlook dips for Singapore CEOs but global sentiment rises Overall CEO confidence for Singapore respondents saw a significant dip from 72% to 54%, with prices and inflation being a major concern.

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CDL and corporate governance: Good form is predicated on better substance The recent fracas at CDL is both ironic and unfortunate; lessons should be learnt all round.

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#BTOpinion: Why invest in Singapore No doubt Bentleys and Lamborghinis raise eyebrows. But, there also are many quiet and low-profile funds, corporate treasury operations and family offices.

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Manulife appoints chief actuary as new Asia CEO, president amid leadership shakeup Steve Finch’s appointment comes amid a shakeup at the insurer, which lately announced a slew of leadership switch-ups.

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Giant, Cold Storage turn profitable in Singapore; owner DFI sees growth potential from 7-Eleven After several years of losses, DFI Retail Group’s supermarket operations in Singapore became profitable in 2024, partly due…

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BYD unveils battery system that charges EVs in five minutes, way ahead of Tesla’s superchargers Being able to charge a car in the time it takes a combustion engine vehicle to pull in and out of a gas station could convin…

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Starbucks ordered to pay US$50 million for hot tea spill When the customer took the tray, the drink tipped over, “causing third degree burns to his penis, groin, and inner thighs,” according to his lawyers.

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#BTOpinion: Why did OCBC put Chulia Street redevelopment plans on the back burner? The ballpark total development cost of S$2 billion, which includes high construction costs, would derail the bank’s plans to return capit…

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Start your day with BT ☕️: Stocks to watch: SIA, ST Engineering, CICT, Sembcorp, First Resources Top Stories: 1. Companies:CapitaLand Integrated Commercial Trust appoints deputy CEO Tan Choon Siang as CEO from May 1 2. O…

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Chocolate Finance says it has processed most withdrawal requests from first two days after halt “Chocolate Finance appreciates its customers’ patience and remains focused on delivering a secure and rewarding financial ex…

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From Johor to Borneo: Malaysia to plot Brunei-Sarawak SEZ to tap new growth frontier Malaysia is eyeing a Brunei-Sarawak SEZ to boost trade, mirroring the Johor-Singapore model, as thousands of Sarawakians commute to Bru…

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#BTOpinion: Is GuocoLand right to grow in Johor and UOL wrong to wait? Odds are that GuocoLand, which has done well with its Singapore projects in recent years, is right to grow in the Johor market now.

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Has ‘US exceptionalism’ peaked? Consider exposure via non-US companies with US businesses US President Donald Trump’s on-again, off-again stance on tariffs and potential retaliation from America’s trading partners have d…

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Creative Technology cuts workforce, joining wave of tech layoffs Creative has retrenched about 40 staff, or 14% of its workforce. The restructuring reportedly affected several departments, including sales and marketing.

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