The Business Times

MOF says SRS withdrawal process ‘can be improved’; to work with banks Finance ministry says the current face-to-face process allows operators to give customised advice based on the individual’s circumstances.

HSBC names new head of wealth and premier solutions for Singapore He will be based in Singapore and assume the new role on Jul 1.

DBS expects economic value from its use of AI to exceed S$1 billion in 2025 MAS cautions at an AI conference that banks will need to have sufficient guardrails as the technology is increasingly adopted in the sector.

Malaysia drops 1MDB-related money laundering charges against ex-PM Najib, report says Former Prime Minister Najib Razak has been granted a discharge not amounting to an acquittal in a RM27 million (S$8.22 million) money…

#BTExplains: Amid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director? Personnel exits leave the board with no independent directors; CEO David Seow remains as sole dire…

Start your day with BT ☕️: Stocks to watch: SingPost Top Stories: 1. International: Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets 2. Companies: DBS expects economic value from it…

Million-dollar HDB resale flat transactions climb to nearly 6% of deals, up from 3.6% in 2024 In 2020, they made up just 0.3% of total deals, but their share grew steadily to 3.6% in 2024. Analysts now expect million-dol…

Paetongtarn Shinawatra: Youngest Thai PM faces swift end to short career After a leaked call led to accusations of her being too deferential to the Cambodian elder statesman and badmouthing Thailand’s military, Paetongta…

Diverging fortunes in Singapore’s F&B scene as diners turn to cheaper options Some consumers are now routinely visit Johor Bahru on weekends to “get more bang for the buck”. But even if consumers stay home, per-head spen…

Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move Insurers say they are taking steps to manage rising healthcare costs.

SingPost puts up 10 HDB shophouses for S$50 million in sale-and-leaseback bid The postal services provider is the anchor tenant for 90.8% of the space in these shophouses, with the remaining being leased out to external…

Want to invest in nuclear energy? DBS cites opportunities in mining, utilities stocks Uranium futures and reactor manufacturers are among other means to get on board the nuclear ‘renaissance’.

#BTExplains: Inside Wilmar’s graft probe: How a cooking oil crisis led to a multitrillion rupiah corruption scandal The group stands accused of earning unauthorised profits by evading state-imposed export controls during…

Latest Singapore six-month T-bill cut-off yield falls to 2% It is the seventh consecutive issuance since Mar 26 for which yields have declined.

#BTOpinion: Latest GLS programme designed to draw developers back to state tenders A variety of plum plots of palatable sizes raises the likelihood of sites being awarded, after patchy performance over the past 15 months…

Standard Chartered cuts jobs in Singapore; moves them to India The bank is in the midst of a corporate cost-saving programme called “Fit for Growth” as it aims to return US$1.5 billion more to shareholders.

European, North Asian companies also eyeing the potential of JS-SEZ: UOB banker These firms are using Singapore as a base to tap into the possibilities offered by Johor, adds lender’s FDI advisory head.

Defence, oil and other names: Analysts look at ways to invest amid Israel-Iran conflict Some analysts are neutral on the oil and gas sector, while others say an escalation in the conflict could prove negative for airline…

Start your day with BT ☕️: Stocks to watch: DBS, UOB, Sats, Far East Orchard, GuocoLand, Elite UK Reit Top Stories: 1. Markets: Want to invest in nuclear energy? DBS cites opportunities in mining, utilities stocks 2. Com…

US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead Despite US President Trump’s call for an interest-rate cut, Powell announced that the central bank’s benchmark in…

38 employers with 1,400 vacancies at NTUC-led job-matching exercise for Jetstar Asia workers It will last for three days and is open to the airline’s employees, following the announcement last week that the carrier would…

CEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars The firm is an improbable vehicle for creating a multibillion-dollar fortune.

Going viral on TikTok helped Pitstop Tyres clear S$400,000 of debt; it now aims to be Singapore’s top auto shop “I was very proud of the company surviving, definitely. Not dying is an achievement,” says Cordillia Tan, se…

WP co-opts 4 rookie MPs into CEC, NCMP Eileen Chong to head youth wing NCMP Eileen Chong will succeed Sengkang MP Jamus Lim as the new president of the party’s youth wing.

COE prices rise across all categories except motorcycles; Cat B premium up 3.2% to $116,670 The price of a Cat A COE rose by 1.2% to S$98,124, from S$96,999 at the last exercise.

BlackRock launches hedge fund for retail investors in Singapore and Hong Kong The absolute return fund will focus on Asia-Pacific equities and undertake a long-short strategy, says executive.

Economists slash Singapore growth forecast to 1.7%, with manufacturing expected to shrink: survey Expectations have risen for further monetary policy easing in July.

SIA flights from Changi Airport to Bali among dozens cancelled after Indonesia volcano eruption Flights to Jakarta seem to be unaffected on Jun 19, as of the morning of Jun 18.

#BTOpinion: Should we expect Singapore-based companies to list here? Shein's choice to list in Hong Kong, rather than in its adopted base of Singapore, raises the question of whether companies that choose Singapore as th…

Indonesia seizes 11.8 trillion rupiah from Wilmar Group in palm-oil graft case The authorities are probing Wilmar and two other palm oil companies, which they accuse of paying bribes to obtain export permits in 2022.