The Business Times

H&M lays off staff in Singapore, moves regional headquarters to Malaysia The Singapore office accounted for the bulk of the job cuts, with close to 80 roles affected out of a regional workforce of 256.

SIA flying into turbulence from fuel costs, Air India losses, but dividends offer upside Analysts are cautious about Singapore Airlines after its earnings for the six months ended Mar 31 more than halved year on year.

‘To build a bank in Vietnam was very enticing’: The Singaporean turning Techcombank into an AI-first lender Leaving behind a decade-long career at Standard Chartered, Santhosh Mahendiran arrived in Vietnam during the Cov…

OCBC Hong Kong to lift RM headcount by 30% as revenue heads for double-digit growth The franchise is aiming to become a top-10 bank in Hong Kong by 2030.

Transforming Air India ‘definitely not going to be a walk in the park’: SIA chief Goh Choon Phong Singapore Airlines’ investment in Air India is “a long game”, said SIA CEO Goh Choon Phong, even as the associated company…

SMU hires Prudential veteran as CIO to oversee S$1.5 billion endowment fund The fund invests across asset classes including private equity and hedge funds.

Troubled platform UCars founded by group of dealers wound up on S$4 million debt In February 2024, UCars laid off the majority of its editorial team of about 10 people, with some of these former employees still owed sala…

Chasing Seoul's ‘Han River miracle': Inside Hanoi's 736.9 trillion dong (S$35.6 billion) Red River bet The scale of investment is staggering, with the first ten years needing an estimated 11 quadrillion dong – roughly th…

AEM knocks DBS off pedestal as top value traded stock after crossing S$10 barrier About S$47.3 million worth of AEM shares changed hands as at 9.40 am, compared with S$45.6 million for DBS – Singapore’s largest company b…

China’s state dinner for Trump includes beef ribs, roast duck and tiramisu The menu included a mix of Chinese and international dishes: lobster in tomato soup, stewed seasonal vegetables, slow-cooked salmon in mustard sa…

SIA H2 FY2026 earnings fall 53.6% to S$945.5 million on absence of accounting gain SIA’s share of Air India’s full-year losses mounts to S$945.2 million.

Start your day with BT ☕️: Stocks to watch: SIA, First Resources, Netlink, ThaiBev, CSE, Aspial, Marco Polo, CNMC Top stories: 1. International: Trump, Xi set for second day of talks in Beijing after Taiwan warning 2. As…

[JUST IN] SIA staff get lower bonus of 5.7 months for FY2026 This bonus is lower than the 7.45 months for FY2025, which was lower than the 7.94 months for FY2024. SIA announced the profit-sharing bonus to staff at an eve…

Shedding the iconic ‘Cycle & Carriage’ will be a loss – but perhaps a necessary one for Jardine Singapore-listed Jardine Cycle & Carriage is reportedly exploring a sale of its automotive dealership businesses in Singapor…

DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth Surging demand for AI capabilities has spurred data centre operators to take on more debt to expand.

Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project A key mixed-use project in Dili, with a US$700 million first phase, has been given the axe by the Timor-Leste government over a l…

US-China summit ends after over 2 hours; Trump signals ‘positive outcome’ on trade discussion, Xi issues warning on Taiwan At the start of their summit, both leaders struck an optimistic tone, emphasising possibilities f…

Asia stocks gain on AI enthusiasm, focus on Trump-Xi summit; renminbi hits 3-year high China’s blue-chip stocks eased 1% after hitting their highest level since late 2021 at the start of the session, while the renminbi r…

LinkedIn is planning to lay off 5% of staff in latest tech-sector cuts, source says The layoff rationale was not for artificial intelligence to replace jobs at LinkedIn, said a source.

Start your day with BT ☕️: Stocks to watch: KIT, CDG, AEM, Food Empire Centurion, SingPost, CNMC Top stories: 1. International: Trump, Xi set to meet in Beijing for talks; trade truce, Iran war high on agenda 2. Asean: G…

‘Not for sale’: SingPost to keep, enhance SingPost Centre in U-turn from plan to sell it The decision to not sell SingPost Centre (SPC) marks a reversal from an earlier decision by SingPost's previous board to divest the…

SingPost H2 net profit falls 81.5% to S$41.2 million on lower revenue The group said that the declines came “as the operating environment for the logistics and letters business, particularly in international eCommerce de…

Trump lands in China for Xi summit with billionaire CEOs in tow The CEOs accompanying Trump are drawn mainly from companies seeking to resolve business issues with China, such as Nvidia.

#BTOpinion: Grab should consider a Singapore dual listing on SGX While Grab has captured a significant chunk of South-east Asian consumers’ everyday lives, that involvement is unlikely to be appreciated by its US investo…

Singapore’s public-private partnership model must evolve as other countries ‘roll out red carpet’ for investments: panellists “In an industry as competitive and high-profile as semiconductors, where every geographical re…

Singapore life insurers pay out over S$5 billion in Q1, the highest for quarter since 2021 The Life Insurance Association, Singapore, attributes Singapore’s ageing population and rising healthcare utilisation as contribu…

Hard assets, high stakes: Next-generation successors are betting on gold, watches and art as alternative investments Ultra-rich Asians are looking to switch some of their wealth to alternative assets such as physical gol…

These little-known SGX tech stocks are beating the market. What’s driving them up? Semiconductor manufacturer Asti Holdings, which has a market capitalisation of about S$150 million, has surged more than 120% in the past…