The Business Times

OCBC trims 360 Account interest rates for the second time in 2025 From Aug 1, it will be cut to 5.45% per annum, from 6.3% previously, on the first S$100,000.

#Brunch: Why Singapore’s fresh grads are struggling to get hired “I did not expect the market to be so bad,” says Timotheus Yeo, who graduated in 2024. “I came in thinking: ‘Oh, if I just apply to a few jobs, I definitel…

Another private members’ club expands: Mandala Club puts in S$2 million to grow its space by almost 50% This follows the news last week that 67 Pall Mall will open an outlet in Shanghai, even as another player, 1880, shu…

Mystery US$33 billion Chinese medicine fortune collapses in days Little is still known about the tiny, money-losing company whose shares exploded 82,000% higher and suddenly made its CEO Yat-Gai Au richer on paper than s…

US reshoring spurs opportunities for Singapore in semiconductor, med-tech, other high tech sectors: RHB These efforts are set to reshape global supply chains, and present a mixed landscape of challenges and opportunities…

Far East Organization opens Amber House condo for sale with prices from about S$2,900 psf Prices for the freehold project start from about S$1.92 million for two-bedroom units.

Info-Tech Systems launches IPO at S$0.87 apiece, marks SGX’s first mainboard listing in two years The homegrown software services firm says that listing in Singapore provides ‘good branding’ both locally and globally.

Salesforce CEO says 30% of internal work is being handled by AI Tech leaders have been increasingly vocal about the potential for AI to replace human workers.

Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation Some 300 enterprises stand to get up to S$600,000 in cloud and training credits.

Oil price rollercoaster hammers South-east Asia’s top energy counters Energy stocks in Malaysia and Indonesia reverse course this week as oil prices slide below US$70 following a ceasefire between Israel and Iran.

‘Long overdue’: Experts welcome advisory against private-sector use of NRIC numbers for authentication “This is a sensible move and long overdue. Using NRIC numbers for authentication has always been a weak security prac…

Start your day with BT ☕️: Stocks to watch: AEM, Aztech Global Top Stories: 1. Companies: S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report 2. International: Amazon Web Services and Digital…

Singapore’s millionaire inflow to halve in 2025: report Meanwhile, Thailand emerges as South-east Asia’s new safe haven, while China’s outflow of affluent individuals slows.

Frasers, Sekisui, CSC Land consortium tops bids for Dunearn Road site with S$1,410 psf ppr bid Its bid of S$491.5 million works out to S$1,410 psf ppr; state tender for first Turf City site fetches nine bids.

Singapore Savings Bond demand falls short; 10-year average return drops to 2.49% In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer.

Johor’s billion-ringgit property market braces for higher foreign-buyer tax Foreigners are scrambling to seal property deals in the state to beat the Jul 1 levy hike. Industry players are concerned over the short notice.

Banks critical to help companies in more protectionist global economic order: Gan Kim Yong Lenders should deepen the relationship with their customers by supporting their growth and expansion into new markets, he adds.

North Korea opens landmark coastal Wonsan tourist zone The area, which can accommodate about 20,000 visitors, will open to domestic guests from July 1.

Chinatown Business Association seeks over S$77,700 in backdated rent from Nanyang Old Coffee for outdoor refreshment area The association is demanding backdated rent from the cafe for ‘unauthorised’ use of an alfresco di…

The Integrated Shield Plan is 'clearly broken': BT reader It is imperative that the government takes the lead to study how reforms can be effected to ensure long-suffering policyholders can in fact be spared their detrim…

Stop using NRIC numbers - full or partial - for authentication, private organisations told Data protection, cybersecurity agencies, MDDI say move better protects citizens from impersonation and from having their personal…

Bishan to see over 2 million sq ft of new office space, new integrated development Works for these new developments will start within this term, and take several years to complete, said Chee Hong Tat.

China will be able to navigate around restrictions imposed by others, emerge more resilient: PM Wong The more a country tries to ‘weaponise economic interdependencies’, the more others are incentivised to find alternativ…

Start your day with BT ☕️: Stocks to watch: SIA, Sembcorp Industries, Keppel, Cordlife, Capitaland India Trust, Civmec, ASL Marine Top Stories: 1. Companies: China will be able to navigate around restrictions imposed by…

SingPost pays ex-CEO Vincent Phang S$616,400 for FY2025 as it pursues automation, leadership reset He received S$1.2 million in the previous financial year.

Grab to pause changes to driver incentive scheme following backlash Grab says the changes could have been ‘better implemented’.

CapitaLand to launch LyndenWoods condo in Singapore Science Park with prices from S$2,200 psf The indicative price starts at S$2.4 million for three-bedders sized 1,023 to 1,292 sq ft; and S$3.6 million for four-bedders…

DBS targets hiring 40 private bankers for North Asia market “The big trend is that a lot of mainland Chinese and Taiwanese are looking for offshore wealth management opportunities,” said DBS' Carol Wu, “They want to dive…

Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance Value of the shares he has received stands at S$2.3 million, down from S$4.3 million in the year-ago period.