The Business Times

As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region? The Philippines has started receiving oil supplies from Russia, while Malaysia's Petronas would negotiate oil purchases from Ru…

#BTLuxe: Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’ “My parents raised us to be useful. They believe that to be useful is more important than to be happy,” says Ho who began as a management trainee a…

CICT’s Q1 NPI up 7.9% to S$314 million; Reit unveils S$160 million revamp of Plaza Singapura, The Atrium@Orchard For the first quarter, revenue increased 8% to S$426.7 million from S$395.3 million a year earlier.

Meta, Microsoft plan cuts, buyouts that may affect 23,000 jobs Meta told personnel in an internal memo on Thursday that it planned to cut 10% of workers, or roughly 8,000 employees, starting on May 20.

S$8m director pay, Iran war risks among issues raised by Sheng Siong investors ahead of AGM In response to a shareholder’s query on whether the group plans to declare a special dividend, Sheng Siong said it “believes it…

Median resale prices hit S$1 million for 4-room HDB flats in two towns in Q1 despite overall dip Median resale prices for four-room flats in Queenstown stood at S$1.04 million in Q1, while those in Toa Payoh fetched S$1…

Start your day with BT ☕️: Stocks to watch: ST Engineering, CICT, CLI, Suntec Reit, Sheng Siong, Frasers Centerpoint Trust, Clint Top stories: 1. Companies: S$8m director pay, Iran war risks among issues raised by Sheng…

More turbulence ahead? Singapore Airlines faces tough test over Air India’s record S$3 billion loss It is understandable why a growing group of investors might want SIA to cut its losses, pack its bags and abandon its In…

DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push For DBS, the reduction was “mainly due to post-integration synergies in India and Taiwan”, a spokesperson told The Business Times.

Not-so-sweet deal for Singapore’s refineries as they shift to US, alternative crudes “It is a ‘no-choice’ option to keep the refinery running,” said June Goh, senior oil market analyst at Sparta Commodities.

Singapore billionaire population more than doubles as Apac wealth surges: Knight Frank The number of ultra-high-net-worth individuals has grown by 54.5% to 7,171 people this year.

The Asian healthcare gold rush: Vietnam’s reforms are attracting foreign investors Thomson Medical Group’s US$381.4 million acquisition of FV Hospital in 2023 was not only the largest healthcare deal in Vietnam’s history…

Inside Indonesia’s trial of Gojek founder: How a Google laptop deal became a multi-billion-rupiah case The allegations relate to a programme to procure 1.2 million laptops for schools during Nadiem Makarim's tenure as ed…

Singapore Airlines deepens role at Air India amid record losses SIA has moved some of its employees into Air India, placing its executives in key roles across flight operations, engineering and maintenance in recent mont…

Singapore’s core inflation inches up to 1.7% in March; headline inflation at 1.8% MAS and MTI flagged that Singapore’s imported cost pressures are expected to pick up and broaden in the months ahead.

'In hospitals, even cleaners are critical': IHH Healthcare Group CEO says leadership starts with the people no one sees “I like being with people. Ask me to speak to anyone, from the office cleaner to a specialist, and I…

'The demand is just too strong': Industry players on Cat A COE rising to $123,010 “I don’t blame salesmen for being salesmen. It’s all about fear: higher petrol prices in a war that is not ending, fear of higher COE pric…

MBS Ebitda jumps 30.2% to new Q1 high of US$788 million on ‘high-quality investment’, ‘high-value tourism’ Casino revenue led the revenue increase for MBS, up 31.4% at US$1.1 billion from US$857 million in the year-ago p…

Three directors linked to Kweks’ father-son feud quit Millennium & Copthorne board CDL said that Jennifer Duong Young, Daniel Marie Ghislain Desbaillets and Wong Ai Ai will step down from the M&C board.

Start your day with BT ☕️: Stocks to watch: Keppel, CDL, CapitaLand China Trust, Oiltek, Kin Global Top stories: 1. Companies: Keppel Q1 net profit lower, direct impact from Iran war ‘limited’ 2. Markets: Not-so-sweet de…

Raffles Family Office opens new Singapore office, launches foundation to formalise philanthropy push The newly established Raffles Family Office foundation reflects a generational shift in how Asia’s ultra-wealthy think…

SGX RegCo proposes tighter disclosures on pay, dividends and investor relations to lift valuations Boon Gin Tan, CEO of SGX RegCo said: “We see these rules as pushing both boards and shareholders to think more about valu…

Prime Orchard condo High Point takes fifth stab at en bloc sale with S$580 million asking price Market watchers say developers will have to price the finished condo at an average of around S$5,000 psf.

COEs: Mainstream car category tops bidding at S$123,010; large cars at S$121,001 Category A, for mainstream cars, rises 4.2%, and closes on its all-time high of S$128,105 last October.

Two in three Singapore firms ‘moderately to severely’ hit by Iran war: SBF Half of all firms polled said they have already raised prices or renegotiated contracts, while 40% of SMEs are prioritising cash conservation.

Keppel divests i12 Katong mall for S$372 million The buyer, Altallo Holdings, will pay the total sum over three tranches.

How to turn surplus income into flexibility for life's next chapters That annual bonus can do more than sit idle – used with intent, it can support your goals as life evolves. Brought to you by HSBC Life bt.sg/nCAX

Loved to bits (and bytes): Why people are falling for chatbots Sure, your chatbot will never challenge you or have a bad day, or stop talking to you if you forget an anniversary. But to draw emotional succour from virtua…

New CPF life-cycle investment scheme could channel S$6-S$9 billion a year into Singapore stocks: Citi The upcoming CPF scheme could provide “sufficient recurring liquidity inflow” into Singapore equities beyond the concl…

What’s behind the Singdollar’s strength amid the Iran war – and how long will it last? Christopher Wong, forex strategist at OCBC, noted that the Singdollar has behaved like a “regional defensive currency” since the Iran…