The Business Times

At least 30 killed as Air India plane with 242 on board crashes near Ahmedabad The 242 people included 217 adults and 11 children. Of them, 169 were Indian nationals, 43 were Britons, 7 Portuguese, and 1 Canadian.

Grab prices and increases convertible notes offering to US$1.5 billion The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions.

'It’s time to call it a day': Holland Village mainstay Wala Wala seeks to exit lease, plans to close Wala Wala’s rent rose 9% over the last two years, with owner Stanley Yeo currently paying S$28,000 a month for the grou…

Vietnam passes historic redrawing of provincial map; Ho Chi Minh City to triple in size, become megacity In a major overhaul, the country has nearly halved the number of provinces and cities to streamline governing and r…

Tariff tensions cloud global property outlook, but Apac a bright spot amid uncertainty The region is underpinned by long-term demographic and structural trends.

Singapore retail vacancy creeping up with more tenants looking to exit Tenant churn expected to increase as retailers face ongoing cost pressures.

Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs Consumers are going for value-for-money meals and are more brand-agnostic in these uncertain times, say market observers.

Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth Super Hi posted a net profit of US$11.9 million for Q1, reversing a net loss of US$4.5 million in the same period the year be…

Start your day with BT ☕️: Stocks to watch: CapitaLand Investment, TalkMed, Aspen Top Stories: 1. Companies: Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs 2. Retail: Sin…

Trump says China will supply rare earths, US to allow in Chinese students “We will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!)…

Labubu doll fetches 1.08 million yuan (S$193,341) at China auction as demand rages The youngest registered buyer was a nine-month infant, whose family bought a co-branded version of Labubu doll for 32,000 yuan in the bab…

‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice “Dropping the bomb suddenly – it’s kind of ridiculous and frustrating for us. I was awake from 7 am till now, still trying to process…

#BTOpinion: Holland Village, Boat Quay and other destinations that have seen better days What is the attraction of Holland Village if a similar restaurant or eatery is available in several other locations?

‘Must earn a living like ordinary Malaysians’: Johor royals’ business empire spans real estate, telco and more In defence of his business involvements, Sultan Ibrahim once said that he “must earn a living like ordinary M…

#BTOpinion: South-east Asia’s tech unicorns may look more like banks in the future Given these growth trends, there is potential for banking and financial services to make up the bulk of Sea and Grab’s businesses.

Employers in Singapore see more hirings and firings in Q3 The healthcare and life sciences sector has the brightest employment outlook for the quarter.

US, China officials agree on plan to ramp down trade tensions “Once the presidents approve it, we will then seek to implement it,” US Commerce Secretary Howard Lutnick added.

Top India dealmakers earn 37% more than Singapore peers India’s bankers are set for pay rises of more than 9%, compared with 4 to 5% in Singapore and Hong Kong.

DBS, OCBC and UOB to recognise CPF Life payouts as income in credit card applications Individuals aged 65 and above can do so when they apply for a DBS or OCBC credit card from June 11, while UOB plans to implement the p…

Start your day with BT ☕️: Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA Top Stories: 1. Singapore: Employers in Singapore see more hirings and firings in Q3 2. I…

Qantas’ Jetstar Asia to touch down for last time on Jul 31; over 500 staff to lose jobs The airline will cease operating on July 31 and will continue flights for the next seven weeks.

Neo Group buys over bakery chain PrimaDeli’s operations for undisclosed sum Prima Food said that it was “timely” for it to “exit the downstream industry”, having “accomplished PrimaDeli’s mission to transform and upgrade…

Changi Airport awards S$999 million contract for T5 intra-terminal tunnels They will serve as underground connections, supporting the transfer of passengers and baggage across the terminal’s concourses.

Teo Chee Hean resigns from GIC board He has served on the board of Singapore’s sovereign wealth fund for 14 years.

Ong Beng Seng to plead guilty on Jul 3, in case involving former minister Iswaran This was announced after a pre-trial conference on Tuesday (Jun 10).

Jumbo ventures beyond chilli crab to bring famous Siji Minfu Peking duck chain to Singapore The joint venture with Jumbo will mark Siij Minfu's first overseas outlet, adding to its existing footprint of more than 20 loca…

'Like shopping in Louis Vuitton': Asia healthcare assets risk overvaluation as private investors chase deals "Investing in healthcare in Asia is like shopping in Louis Vuitton. So, as an investor, we have to navigate tha…

Singapore and Johor Regent swap prime Holland Road land plots as royal family eyes development The land swap is agreed so that Regent’s planned development “will be further away” from the Botanic Gardens.