The Business Times

South-east Asia’s leading financial news site.

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Recent Posts

Hin Leong’s founder Lim Oon Kuin, children declared bankrupt

This comes after the family agreed to pay US$3.5 billion plus interest from April 2020 to the date of payment, on top of costs.

https://bt.sg/HL2W

Shell shuts Pulau Bukom unit after oil leak involving a few tonnes

The affected unit, which produces refined oil products such as diesel, leaked a few tonnes of oil mixed with cooling water discharge, Shell estimated.

https://bt.sg/H7fV

Alibaba joint venture EV brand IM Motors to take on Tesla, Xpeng in Singapore

The brand, majority-owned by China state carmaker SAIC, will debut at Singapore Motorshow on Jan 9.

https://bt.sg/K3VK

SMEs must forge the right partnerships to drive growth and expansion: UOB executive

Building the right connections, streamlining operations, and securing access to funding – key challenges for SMEs – are critical for survival and growth.

Brought to you by UOB

bt.sg/k9jq

#Brunch: High demand for MBAs but do you really need one?

MBA can be a good investment in one’s career but these will have to be weighed against the high financial and opportunity costs.

https://bt.sg/dkyv

2025: The year to remain steadfast in corporate sustainability

Some corporates, too, are rethinking how to weigh sustainability purpose with financial profits.

https://bt.sg/JCTKZ

All fuelled up: Renewable energy wave pushes this Singapore stock to surge more than 370% this year

Oiltek has had a stellar run, and others that have outperformed include Wee Hur and Beng Kuang.

https://bt.sg/jCrx

South-east Asia stays hot on investors’ radars; manufacturing, real estate among biggest draws

The prospects are also promising for the infrastructure and tourism sectors in 2025.

https://bt.sg/8DXV

Singapore’s private home market closes 2024 on a high; will late-year burst fizzle out?

Sentiment looks to be improving, but this momentum may not sustain into the new year, say analysts.

https://bt.sg/sMLQ

PM Wong to deliver 2025 Budget Statement on Feb 18

Cost-of-living issues and jobs are among the key themes.

https://bt.sg/HU45

Start your day with BT ☕️:

Stocks to watch: CSE Global, Singapore Institute of Advanced Medicinehttps://bt.sg/BESd

Top Stories:
1. International: South-east Asia stays hot on investors’ radars; manufacturing, real estate among biggest draws https://bt.sg/DmdA

2. Asean: SMEs must forge the right partnerships to drive growth and expansion: UOB executive https://bt.sg/pLxy

3. International: Elon Musk is creating his own Texas Town. Hundreds already live there https://bt.sg/6cHt

Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it

SGX RegCo had earlier asked for the company to give further clarity on its annual report for the financial year ended Jun 30.

https://bt.sg/hYYh

#BTOpinion: With its teleconsultation platform intact, revoking MaNaDr’s licence could have little impact

Telemedicine revenue accounts for about US$12.8 million or 90.4% of its parent company’s total sales.

https://bt.sg/nrv3

Singapore’s competition watchdog ends review of SRS framework after DBS, OCBC, UOB withdraw application

The proposed framework, announced earlier in November, sought to streamline the onboarding and management of SRS product providers and their offerings.

https://bt.sg/vHPY

Chinese tricksters take cue from ‘Squid Game’ to prey on the indebted

Participants in isolation challenges – who pay hundreds of US dollars to stay in a room for days, following prescribed rules in the hopes of winning as much as one million yuan (S$186,136) – are being scammed.

https://bt.sg/xGkC

Deloitte proposes allowing multinationals to pay taxes in interest-free instalments in Budget 2025 wish list

This will help businesses adapt to the upcoming minimum tax framework under BEPS 2.0.

https://bt.sg/e6YY

Singapore’s factory output rises 8.5% in November, below estimates

Private-sector economists had predicted a median estimate of 9.7% growth for the month.

https://bt.sg/fXRD

Koh Brothers Eco unit wins S$313.9 million LTA contract to build bus depot

The four-storey bus depot will have a minimum parking capacity of 550 buses.

https://bt.sg/7LkZ

‘Very disappointed’ and ‘aggrieved’: Third senior executive fired by SingPost contests move

Li Yu, chief executive of SingPost’s international business unit says the alleged disciplinary proceedings ‘were neither due nor fair’.

https://bt.sg/bbRn

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