The Business Times

Kopi Kenangan is profitable now, but its CEO thinks his pitfall was ‘too much funding’ at the start Kopi Kenangan, one of Indonesia’s largest and fastest-growing coffee chains, clocked a milestone recently: its first ful…

Piyush Gupta’s post-retirement life: What the ex-DBS chief has been up to since leaving Singapore’s biggest bank From the boardroom of an asset-management giant to the inner sanctum of the Council of Presidential Adviser…

High Court strikes down S$6,000 fee charged to Parklane mall for unauthorised service road use Garbage trucks and other vehicles have no choice but to use the service road as it is the only access route to the loading ba…

Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally Ahead of the banks’ Q4 results, sentiment remains largely positive, but analysts caution that clear growth drivers for the next stage of g…

Crypto firm Gemini to cut up to 200 jobs in Singapore and the US Gemini has largely failed to attract significant market share and reported a loss of US$159.5 million in November.

Autobahn Rent A Car director Roy Tan faces fresh forgery charge He is accused of forging nine receipts to show that S$1.9 million had been paid in full to Toyota distributor Borneo Motors for nine cars.

Start your day with BT ☕️: Stocks to watch: CICT, Nio, Clar, CDL, HPH Trust, Low Keng Huat, First Reit Top stories: 1. Companies: Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally 2. Compa…

Compulsory winding-up applications rise to 15-year high in 2025 The number of business cessations is the third-highest since 1990.

Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs It plans to cut 1,000 jobs, which is equivalent to 15% of the roles in its corporate functions but under 1% of its total workforce.

HSBC to cull underperformers as some bankers face zero bonuses It wants to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance.

Grab to equip 10,000 drivers, merchants with AI skills by 2028 The training will cover the use of AI tools to boost sales and productivity, as well as the general usage of AI for day-to-day tasks.

‘No one wants to do that role’: Singapore aviation looks to F1 tactics for lessons amid labour crunch SATS CEO Kerry Mok notes that as societies become more affluent, the pool of workers willing to perform physically dem…

UOBKH names ‘alpha’ stocks with cheap valuations, strong catalysts in STI-beating portfolio New entrants include China Aviation Oil and PropNex.

How cloud platform founder taps exclusive leaders' network to stay ahead Through the programme, he met mentors and senior tech leaders he wouldn’t normally meet. Brought to you by the Infocomm Development Authority of Si…

‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030 To meet its S$100 billion goal, DBS intends to deepen its presence in key payment corridors, including China.

Property agency ERA hit with S$731,212 lawsuit over alleged negligent misrepresentation The board stated its intention to vigorously defend the suit.

Carbon tax: Where Singapore stands in a world divided on price From a whopping US$160 to just above US$0.70 cents, the price of a tonne of carbon is at extremes across the world - and could even widen further this year.…

Keppel H2 profit rises 27.2% to S$645.4 million; proposes special dividend of S$0.13 per share Keppel said that the special dividend was proposed given the strong progress in monetisation. 👉Keppel rises 3.2% amid higher…

Start your day with BT ☕️: Stocks to watch: Keppel, SGX, CapitaLand China Trust, Aims Apac Reit, Digital Core Reit Top stories: 1. Companies: Keppel H2 profit rises 27.2% to S$645.4 million; proposes special dividend of…

Ex-DBS chief Piyush Gupta to be appointed Keppel Chairman, replaces Danny Teoh Teoh will retire immediately after the company’s upcoming AGM on Apr 17.

Asean+3, not the US, is now the world’s largest market China is at the centre of this transformation - it is now the world’s largest market for automobiles, accounting for nearly a third of global vehicle sales, more tha…

#BTOpinion: GuocoLand’s rationale for privatising its Malaysian arm not strong But the proposed move could be SGX-listed GuocoLand’s way of priming itself to be privatised in future.

No longer a ‘boring’ telco: Singtel’s multibillion-dollar data centre bet with KKR to power its transformation By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league t…

Securities financing gains traction among Singapore players amid global demand, wealth inflows While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say.

Premiums for all COE categories drop, led by large cars with 9% decrease Mainstream car premium down nearly 3%; motorcycles more than 6% lower.

Ministers’ pay unchanged while median incomes up 80% since 2012: Chan Chun Sing An entry-level minister earns a norm annual salary of S$1.1 million, though this represents a 40% discount to the market benchmark set in 20…

[JUST IN] Top agent Rayne Chua at Melvin Lim’s KW Singapore leaves for ERA with many members of her team KW Singapore was founded by PropertyLimBrothers’ ex-CEO Melvin Lim as a franchise of US real estate agency group Ke…

Anduril Industries founder Palmer Luckey sees strong trajectory for the defence tech company in Asia-Pacific On fears of killer AI weapons that could threaten humanity, such as Skynet in the 1984 film The Terminator, And…